WE ARE GOING UP! - I will change my Strategy...

in #cryptocurrency7 years ago


Tone Vays prediction for a ~$7500 bottom in this Bitcoin crash seems to hold pretty well. Nevertheless I still don't believe in Technical Chart Analysis. I will change my investment strategy slightly in 2018.

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Totally agree, "technical analysis" is just a way to analyze human behaviour in the market. And once someone makes a prediction about it people kind of follow it.

Great post boss keep it up

He have a lot of followers who believe every words he says that is one of the reason people keep selling

Hey sonny i know that you not into ico but I came across the one and it looks interesting i was doing some research if you don't mind maybe you can do a review on it or you can just take a quick look at it and let me know what u think am now really in to ico but because it's about mining that's why I look into it link https://minerone.io

The major factor in analysis is volume

  • high volume on buy => price going up
  • high volume on sell =>price going down

The others is just to give a whole idea of how the market behaves but you can not take decisions upon TA in crypto markets.

More people need to get into actively trading on the exchanges instead of just HODL and burying their coins on a hardware wallet like a jackal burying a bone. There are a lot of markets to play on, not just USD. You can make your gains in BTC or ETH on those markets, and stimulate the economy without selling low (compared to USD,) or even touching your fiat.