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RE: Why I hedged 50% of my crypto into cash in one simple chart (Edited)

in #cryptocurrency7 years ago (edited)

Not in BTC my friend, go look at my charts, fib extensions work very well, as well as trendlines, it's worth learning technical analysis because TA is used by big whales/institutional traders to set targets, you really should look into it. Also, stock trading is dominated by computers and high-speed algorithm whereas crypto is where the big dumb emotional money is, that's why you see people buying coins that are up +6000% for "investment". Emotion is what makes crypto so great to trade.