/biz/ - Business & Finance

>>56386771
It's neither. It is irrelevant.

>>56386813
Then what's really relevant?

>>56386822
Central Banks and the chart

>>56386841
>central banks
Can you elaborate more? Do you mean like being aware of policies and news regarding the central banks (e.g. rates, inflation) or what?
I believe there is stuff outside central banks that must be taken for, take FTX for example.

>>56386867
The fed controls the market through rates and money printing, people usually name their dumps after "ftx" or anything that might be in twitter that day. For example, if you looked at yesterday's fake tweet that "pumped" the market, but if you look at chart, it was bullish for a few candles now. Just ignore the news anon. Nononsenseforex on youtube has great videos on trading, just ignore the news. Watch his 10min podcast to get a good idea of what's important outside the chart and what isn't.

>>56387259
I feel a little fudded by your stance on charts, are charts and TAs as trustworthy as you claim?
>Watch his 10min podcast to get a good idea of what's important outside the chart and what isn't.
Will do, ty nonetheless anon

>>56388497
TA isn't trustworthy, but good strong indicators are.
>Will do
His other videos are great too anon, they tell you all you need to build a good system of investing and trading.

>>56388735
>good strong indicators
mind sharing a few?
>build a good system of investing and trading
might be helpful
I don't trade as much since I rather stick to DCA and hodl, I've been doing good this way, if some crash seems too obvious I try to sell and re-enter lower, but it's always good to have as much resources as you can have
>t. folio is 50% AVAX, 30% LINK, 10% ETH and 10% ROSE

>>56386771
"FUD" is just bagholder cope leveled at anything negative said about their investment.

>>56386771
FUD is bullish
FUD is nothing more than biz broz trying to create their own dip

>>56388856
>t. folio is 50% AVAX, 30% LINK, 10% ETH and 10% ROSE
Watch Mathew Kratter on youtube anon. If you don't know enough about investing to trade shitcoin pumps you should just hold bitcoin. Shitcoins pump based on popularity and timing in the market. Just go look at 2017 shitcoins, 99.9% dead. Same will happen with 99.9% of 2021 shitcoins anon. Hold BTC above all.

t. also fell for shitcoins, but then realised that longterm BTC is all that matters, the goal is to use shitcoins to acquire more BTC.


>mind sharing a few?
Vumanchu marketcypher B on TradingView is a copy of marketcypher from cryptoface. It's a pretty good system, you can watch his videos of analysis to understand how it works. I use similar indicators, if you want i can share mine.

>>56389424
>Just go look at 2017 shitcoins, 99.9% dead. Same will happen with 99.9% of 2021 shitcoins anon
Idk anon, crypto is progressively creating a market that'll need more than Bitcoin to cover everything (e.g. DeFi)

>>56387259
Based NNFX stoodent

>>56389424
Please do share yours, anon. I'm not far enough into NNFX curriculum so I haven't started TA videos, but I'd love to start analyzing indicators in the meantime and put in some trades. I'm just being very careful to steer away from the popular ones.

>>56386771
yes

>>56391549
answer accordingly faggot

>>56389424
Only dumbwits invest blindly into shitcoin, that's a fucking ponzi-scam there.
BTC and alts with solid utilities like MEX, CYMI, FTM, etc are what matters.

>>56391539
pic rel
>>56392007
>>56390859
>crypto is progressively creating a market that'll need more than Bitcoin to cover everything
>BTC and alts with solid utilities like MEX, CYMI, FTM, etc are what matters.
BTC is the only one that comes even close to being decentralized, every service that isn't decentralized can be provided by normal servers by a private company, which is what all alts are, with the exception of monero.