/biz/ - Business & Finance

[Anonymous No.3145926]

Is there any point to reading Forex forecasts at all?

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[Anonymous No.3145976]

>>3145926
Its 99% scam they fuck newbies up

[Anonymous No.3146086]

>>3145926
It is but you've gotta weigh in how people react to it so it mostly ends up looking like your graph

take btc last 2 weeks for instance, it looked like it was going to rocket out of the solar system but then goldman sachs said it was going to crash when it hit $4800 and it's been basically sideways ever since. The more powerful the entity the more people back the fuck off the moment they say it's bearish

[Anonymous No.3146302]

>>3146086
but anon

isnt bitcoin supposed to be free from manipulation. shouldnt it keep rising infinitely since everyone knows the dollar is finished

[Anonymous No.3146386]

>>3146302
maybe a few months ago when it was growing steadily, but now it`s gotten too wild. people don`t trust their own judgement anymore, they feel emotional. lots of hands getting shaky

[Anonymous No.3146467]

Thanks for the thoughts,all.

Its hard to filter anything useful presented as news and analysis when people are clearly trying to sell a story but deliberately hedge on just what the hell story they are trying to sell. It just comes out as static, noise and interference to what I *do* know.