/biz/ - Business & Finance

>>49658717
>Once again TA means very little
fixed

>>26068905
"technical" "analysis" is what's nonsense. It's just superstition like believing blowing on dice will help you win at craps. No better at predicting the future than random guessing

imaging believing meme lines can let you predict the future lmao

>>25425041
all the people who were "waiting for the dip" when bitcoin was at 20k are now weeping themselves to sleep. it could dip, it could not. Will it really matter if your plan is to lock up for years? when the price might go up another 100X? trying to time the market is how you end up missing out

technical analysis is one of the biggest examples of loserthink that exists

yes, complete and total horseshit. If you ask a TA "guru" how it works, they can't explain it aside from vague answers like "it's supply and demand" or "it's fear and greed". TA is just guessing. Trading on TA indicators is no different than betting on a 7 in roulette because it's a "lucky number". There's zero evidence that it works, and no explanation for the mechanism of how it supposedly works.

Here's a couple videos TA cultists need to watch
https://www.youtube.com/watch?v=7ZPC2o66WY4

https://www.youtube.com/watch?v=OwH8KMlEq88

I turned 3 ETH into .5 ETH. AMA

Why do you people do this shit?
Fucking cups and shoulders and triangles.
Technical Analysis is a pseudoscience, you might as well use horoscopes or fortune cookies for your investment planning.

>>5323820

>>3088856
>>3088925


>muh TA
>works every time when I retroactively fit a pattern to a chart

>>3048499
>>3049276
>>3049986

>>2971025
kek

>>2847582

>>2847824

>>2707758
>random intuitive system
Still better than "technical analysis".

Badly written arbitrage bots are literally committing suicide right now

ETH/BTC Poloniex: 0.1293
ETH/BTC Bittrex: 0.1359

Bittrex Ethereum wallet is disabled however.
Poorly programmed bots try to buy up ETH at other exchanges.

I expect a downwards correction once Bittrex fixes their ETH wallet.

>started trading exactly on week ago
>have more or less broken even since I began but have made up to 50 trades
>despite being on the lowest tax bracket I already owe $250 dollars

Friendly reminder to start calculating your taxes RIGHT now. Use bitcoin.tax and import your gains and losses on trades so that the (((TAX MAN))) doesn't fuck you in the ass at the end of the year

>>2424190
>TA
Postnatally abort yourself.

Technical Analysis is great.
Whenever you encounter someone who uses it unironically, you immediately know to ignore their advice.

>>1946159

>>1933199

>>1932038

>>1893069