/biz/ - Business & Finance

Technical analysis in crypto is bullshit. Nobody actually believes in any of it

>>55444328
I mean I used technical analysis to see xmr looks like a good buy below 150 but keep being dumb out there Anon. The non shitcoins are literally deflationary. You think you can’t analyze deflationary currency? Kek

>>55444373
Where can I start learning?

>>55444271
>I mean I used technical analysis to see xmr looks like a good buy below 150 but keep being dumb out there Anon. The non shitcoins are literally deflationary. You think you can’t analyze deflationary currency? Kek
You picked a terrible 2 year window. I dumped in summer 2021 and I'm just getting back into the market now. I feel good.
You don't get to pick when the market cycles
Even if you want to short term trade, you didn't have any good volatility to play with, so of course you sucked.

>>55444271
I spent about one week trading 2-3 years ago, and realized instantly I would go loony staring at charts all day. Just go gamble with your money instead.
Do something actually generative. Don't chase the money.

>it's rising
Set your buy order slightly above the last drop.
The second it goes off, set your sell order slightly above the last rise.
Wash/rinse/repeat
>it's falling
Gtfo and wait for a hard drop on a Wednesday night(by average the lowest cost per week for crypto) and sit on it.
>it went up a little
Wait it out until Friday afternoon. Most people get paid on the weekend. You can't anticipate companies and private entities pumping Bitcoin.

You can always anticipate wagies. And while not everyone gets paid on Friday, most do.
Hell, I dump $200 in a week.
(Just not on Friday)
>but you're wrong!!!!
Go look at where Bitcoin was on Friday at 4:00est with the entire US East Coast paid and the morning shifters wrapping up their days and looking at their phones. I'll wait.
Was it $3100k, anon? You tell me.

>>55444271
most people here are better of just buying and holding for about 3 years
dca in when sentiment is depressed that was between june and dec last year
ladder out when sentiment is euphoric and alts explode out

thats the secret to success dont worry about not sniping the pico bottoms and tops, if you stick to it and dont get greedy/emotional you will be guaranteed to make it in 2 cycles

>>55444271
great work anon, you've beaten most crypto traders

>>55444489
>most people here are better of just buying and holding for about 3 years
This is how I went from $80k to $1.2m. It was actually about 2 years, since I timed the bottom pretty well.
Once you're in, you gotta hang on for the ride though.

>>55444271
literally me

i broke pretty much even

10k innitial its now worth 9k or 11k idk

>>55444328
TA made me buy chainlink multiple times under $6 and bitcoin at 16k
So idk maybe you're just retarded

>>55445406
yes and continuing on you will reach beyond make it levels in 2 more years
just dont get greedy

TA is for retarded faggots, its incredibly low iq

>>55444328
The best bet would be to invest the money in IDOs, this is where is the real money. This is why I am waiting for Immunify Life IDO.
>>55444389
Get out of this board and One day you will make money

>>55444271
Learn how to hold you dumbshit.
Cheat code hold NXRA, TRIAS and INJ.

Thank me later.

>>55444389
Try YouTube. This bitch is good, but you have to like and subscribe and pay for her of.

>>55444271
For peace of mind, spot trading is a solid approach. Add promising projects like Rose, Kava, and Moonriver to your radar. Peaq should be your next target! They recently partnered with Eloop, where Tesla owners can tokenize their vehicles and earn from web3 car-sharing revenues. Take a note anon.

>>55444271
Did you take any courses or read any books?

>>55444271
Let me say I'm as dumb as you to comprehend it in-depth, but tokenmetrics has proven to give helping hands as it grants a variety of educational resources that can help rookies learn the nuts and bolts of crypto, how it works and how to invest in them with up to date news and trends.

>>55444328
You'll be shocked that some retards depend solely on this and worse off are those depend on TAs from other retards like them. A circus going on there.

>>55444489
This actually works but not everyone is disciplined to DCA in when price is down, some would rather just sell the top, stake the stables in between the time of the top and reaching the "bottom" and go all in all over again.

>>55444271
What's the most valuable assets in crypto.

>>55447220
>>55444489
TA works. DCA at low points is basic TA. The astrology shit you see anons pull are intentionally confusing or are amateurs who haven't learned they only need three indicators at most.

>>55447220
You sound like that's your strategy; it's too well thought out and written to be just a random plan.

>>55444271

>>55447312
So TAs are still shit then because only 2 outta 10 TAs have the real contents.

>>55447352
Oh well, it's something I've been doing for over 2years now. Transitioned from staking on Coinbase>>Binance>>Aave>>Curve>>Beefy and now on SpoolFi.

>>55447457
That's a long list of platforms used. Why????

>>55447312
I know zoom out is a meme but
>1 year candles
is this nigger for serious?

>>55447312
>DCA at low points is basic TA
obviously, but when talking about TA here its pretty commonly known to be either mostly the srsi fags that post here always after a moved happened and pretend they can time every top and bottom on a 2-4 weekly basis
protip they cant for if they could they can go from nothing wage slave to 9 figs in 1 cycle and would not be posting here like that
or even far worse are the elliott wave retards who get blown the fuck out every single time by their retarded beyond belief indicator

and yes i am aware a lot of the posters are deliberately posting shit to mislead newfags, me i dont partake in such karma destroying behavior

>>55444271
Then buy 25k Blackswans and wait for phase 5 and use the historically trained data to help you make predictions and plan accordingly.

>>55447670
damn you smell of curry and poverty

>>55447572
Each migration has been motivated by discovery of better features in terms of security and freedom of expression. Being able to create my own smart vault and have a proper risk diversification on SpoolFi is the reason why I haven't migrated to anywhere else in the last 1 year.

>>55444271
I stared at this board for one week and turned $100 into $10k back in 2021

>>55444405
>You picked a terrible 2 year window. I dumped in summer 2021 and I'm just getting back into the market now. I feel good.
Same here anon. Crypto god smiled at me when I sold close to the top. Now my new bags of CTSI, INJ, and QANX are all in profit. Boomers will continue to larp while we keep slurping up the dip.

I just burned $1k on an absurdly stupid trading error.

>>55444271
There is a difference between watching YouTube videos about trading and actually trading.

Perhaps you could try the latter you dumbfag