This discussion about uses chart to predict bitcoin price has reminded me of one of my college mates who even spent money to learn how to trade. All he did every day was look at the Bitcoin chart from time to time, searching for the perfect period to enter the market.The painful part is that he wasted about $5k on trading and the money he used to learn trading. Later, he regretted it when he saw that the Bitcoin price had increased to $100,000. He said to me that if he had invested in Bitcoin instead, by now he could have been in profit.Now, he has started investing again, and this time he doesn’t even care about Bitcoin’s price.
Well that's is his choice and his aim but still he doesn't want to aspect the fact that he is at loss he just don't want to give up that is good but if he applies that mind set into Bitcoin he will indeed be a successful investor.
most times having a mentor or an advisor Is good for an investor because before making a move or a decision the investor will have to ask his mentor ,and from there it now up to the investor or trader to decide on if he will take the advice or not .