I see people doing technical analysis on coins all the time. I think this thing ...

in DBuzz4 months ago

... called drawing charts is ridiculous. Even if 1 million technical analysts say a coin will go down, when a whale starts buying heavily, that coin will go up. That's it!

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Technical analysis is just astrology for traders. Whales make the market, not charts.

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 4 months ago  

Yes, I think you are absolutely right.

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Posted via D.BuzzWhen altcoins were new, @fyrstikken once told a funny story in an audio interview: he tested his first trading tool on a random coin. Later he noticed he pumped up the price, and the bagholder community started speculating about investors who were impressed with the technology.