I'd say the basics really come down to human phycology. Everyone wants to buy low and everyone wants to sell high. And no matter how high a price might reach it will inevitably pull back and reveal it's true value.
RE: 3 Things to Master To Make Money With Cryptocurrency...especially Bitcoin (BTC)
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3 Things to Master To Make Money With Cryptocurrency...especially Bitcoin (BTC)
Human psychology is half of it. That's what translates into market behavior. The most successful investment firms if not most base their investment strategies on both quantitative and qualitative analysis which both focus almost entirely on the numbers but some of those numbers reveal market behavior. Ultimately what it comes down to is you have to do your research and that involves looking at the numbers because after all, in the markets humans are responding to numbers and numbers don't lie. I'm a quant myself. I agree entirely with you on the true value being revealed. The market always corrects itself.
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