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RE: Be Careful of “Deceptive” Technical Analysts!

in #altcoin7 years ago (edited)

Remember: the bear market will come. Nothing lasts forever.

Yes, trading is gravitational.

That said, I keep feeling a pull towards Chinese crypto.

I bought a few shares of CNY; and couldn't find any write-ups on it; so, I 'foolishly' sold it.

Well, the 'yen' to own these shares wouldn't subside, so I "listened to my inner Voice" and repurchased the shares. Granted, it's showing the least promise of the few coins I bought; but, made a commitment to stay with the buys for the quarter, then reassess.

Lastly, today I came across a 'new-to-me' crypto...YOYOW. It's a version of Steemit, primarily for the Chinese community. Today, it's a 'whopping' ~.50 per share, in comparison to a few months ago, when it traded at ~.06. I'm tempted to buy a few of these shares as the platform sounds very promising, despite 'regulations'.

Thanks for this post. It's much needed, as there is a lot of hype flowing around. It's a case of do your own research. Learn what to look for.

Peace.