I could be mistaken, but I believe you have said something like "you are holding EOS", and I've seen some TA of EOS as well. But you have also said dont mix TA with the technology/events etc. I'm curious to know why EOS is different?
Also, apologies if I have misunderstood you in some way.
Thanks. And keep up the awesome work!
Answered in another reply of yours. But here is a copy:
I believe many fundamental analysts can make great calls. Just like TA. Both rely on the skill of the caller to interpret the signals. This takes tons of failure experience for both types. I simply preferred TA as that was my cup of tea.
Interpretation is easier with less data! That's TA for me. Fundamentals have too much data and so too many interpretations. This is why I dont use Bollinger bands, stochastics, and other indicators. I use EW and chart patterns and MACD.
Both TA and fundamentals work, as both are based on mathematical ratio (fibs) and as Einstein said, all events are photoelectric and tied to electromagnetism. Thus, for TA and fundamental analysis both are derived from quantum states. This is not weird...it's true science. Perhaps I'll post a blog on this concept in the future but I'm afraid the quantum physics and mathematics will lose most at hello.
Now, with EOS, for long term investments, I dig into fundamentals. EOS is a 12-16 month investment for me. I know about ETH and EOS attributes piqued my interest so read more about it. Thus my decision to invest. For trades, it's almost 100% TA.
I would love to read an essay of yours on views on the fact that all events are photoelectric and tied to electromagnetism!
Here is a copy of reply to your other post:
I believe many fundamental analysts can make great calls. Just like TA. Both rely on the skill of the caller to interpret the signals. This takes tons of failure experience for both types. I simply preferred TA as that was my cup of tea.
Interpretation is easier with less data! That's TA for me. Fundamentals have too much data and so too many interpretations. This is why I dont use Bollinger bands, stochastics, and other indicators. I use EW and chart patterns and MACD.
Both TA and fundamentals work, as both are based on mathematical ratio (fibs) and as Einstein said, all events are photoelectric and tied to electromagnetism. Thus, for TA and fundamental analysis both are derived from quantum states. This is not weird...it's true science. Perhaps I'll post a blog on this concept in the future but I'm afraid the quantum physics and mathematics will lose most at hello.
Now, with EOS, for long term investments, I dig into fundamentals. EOS is a 12-16 month investment for me. I know about ETH and EOS attributes piqued my interest so read more about it. Thus my decision to invest. For trades, it's almost 100% TA.