Thank you for watching the video (so I didn't have too) and for the summary.
I have zero faith is 'technical analysis' of crypto.
No way can playing with numbers and making pretty lines on charts predict what the Chinese, the koreans, or any other (insane) gooberment will do or when...or how the herd will react to it.
RE: Smackdown on CNBC last night over BTC
You are viewing a single comment's thread from:
Smackdown on CNBC last night over BTC
Agreed. There are certainly patterns that tend to repeat in technical analysis, such as bouncing off a major trend line like Ross was indicating, but other than that, it's been proven that throwing darts at a dartboard yielded similar results to using TA.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Exactly my point. The charts and numbers can work on normal psychological thoughts of investors to a certain level but charts and numbers can simply not predict any future trend.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
HODL is the only rational strategy for crypto.
If you want to 'gamble' and 'play daytrading' that's ok too.
Everyone needs a hobby..but the hobby is just as likely to loose as to win.
HODL the majority of your crypto for long term gain.
Play with a minority (that you can afford to loose) for short term fun.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hodl.... both the easiest thing to do and the hardest thing to do, but probably the most profitable thing to do.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Agreed just buy in gradually ....the problem is timing it. Just Hold it for more than a year and it will gain value...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You got a follower sir. I believe in buying the dip and HODLing during the bloodshed. I sell small part when the market is at ATH. Then I day trade with the profit from the sales.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thank you.
that's exactly what I do.
I ONLY use my gains from Steem to do so.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Have you used your SBD to power up your account. Is it beneficial to do so when SBD > Steem. I'm planning to do so. This minnow stage is very frustrating.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
you have no clue about frustration.
I've been on the platform since august of 16.
It went for months and months with the value of Steem VERY low.
like...about five cents.
Imagine building SP when your average reward per post was a penny?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I would like some tips Sir.
Only one of my post got hit and paid me big time. Rest all were pennies.
Generous votes from whales are almost impossible to get. They just showered on one of my post because it was an introduction post. Rest all votes earn me 0.01. LOL
But I definitely salute your dedication.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
read my blog.
I've made a few thousand posts..
and a great many tutorials.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Yes, good point.
And how do you feel about #STEEMIT? Are you holding it for like 5 years, or Less than that?
Thanks. I voted for yr remark.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Steemit is a major supplemental source of income for me.
I'm using it to pay rent, buy beans, bullets, bacon, beer, booze...and pay taxes.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
It is important that you never invest more than you are willing to lose. These markets are volatile which is both a good and bad thing. You cannot make emotional decisions and most of the time, it is better to wait it out until the price of the crypto currency recovers as they do typically bounce back unless it is a $#!t coin. :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
right on
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thank you for saying this about TA. This is what many people do not understand, and I don't get why they fall for this...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
ummm...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit