Post
Topic
Board Speculation
Re: Buy coins at 17k weeks ago could be the best time to buy
by
Rufsilf
on 19/08/2022, 06:27:47 UTC
Today BTC moves are more bullish than ever, my chart says we going to 27-28k and many people are waiting for 10k BTC, I think charts don't lie like people do, if a bearish signal is coming your chart will tell you but sitting on your hands and hoping for a satisfying buy price can leave you with many regrets.
It's true that charts can't lie but it's the trader's perspective that allows them to draw different conclusions from you so that the steps taken by each trader are different, maybe traders who expect the price to go to $10k are in a position to buy while you are in a position to sell, so expect the market will move according to what is being desired, However, the current price is still relatively cheap and worth buying
But I think traders' minds and analyses are different from normal investors. I'd say that traders are more knowledgeable about the market and have a good analytic performance. And they don't just jump into assumptions that were clearly impossible just like seeing $10k. As an investor, we need to know how to read the market chart and enhance our market analysis.
And that going to happen someone is waiting for Bitcoin to reach back $10k, it is actually a dumb thing he does.