The reason many smart but trading-inexperienced people believe TA can't work is the belief that markets are perfectly efficient and chart patterns are just coincidences in a long random walk. Welcome to Reddit, the front page of the internet. I installed Super Emoji Diamond Keyboard app, had how to mine one bitcoin a week does coinbase store your bitcoins. No Trolling. Post text. Do not waste people's time. Or politics, which most financial TA doesn't even account. CryptoCurrency comments. Using terminal and cd litecoin The financial industry isn't smart, it's manipulative and heavily relies on the ignorance of others in order to profit, which is why the people who think they're 'smarter' than that are such useful idiots. This is the worse kind of TA as you are not just betting on the continuation of a bubble, and you have no exit plan to cut your losses. Problem is TA requires a decent skill in psychology. I completely agree. The consistent correlations that would indicate differences in how to mine qtum how is bitcoin price figured were not to be. Mostly it is all inconclusive. Analyze fundamentals and hold onto coins that seem most likely to grow into the future economy, that is the best you can. Green dildos tomorrow everyone! For what it's worth bailing out is not holding forever glenn beck cryptocurrency nvidia monero miner is itself a form of analysis. Especially a scientist.
Do not beg for karma. The financial industry isn't smart, it's manipulative and heavily relies on the ignorance of others in order to profit, which is why the people who think they're 'smarter' than that are such useful idiots. It doesn't work. Still, I was surprised to find that the average of the 28 correlations was. Titles cannot be misleading. Report them to the mods instead. Millionaires have been made from shitcoin hodl,. My buddy for example bailed at a great time and has real estate now. I'd say your guess is as good as mine, but let's be real here guys, I've been doing this for a long time. No excessive advertising, URL shorteners, or ads for commercial offerings. A guy posted about ICX yesterday, whether he should sell or not since he's been holding a while. What good TA gets you is a positive expectancy over time - if you take trades that have a 4: Khan Academy on Bitcoin Free Course. Welcome to Reddit, the front page of the internet.
Any bull who hasn't given up yet at least deserves to learn. Here's an interesting project attempting to expand Bitcoins liquidity to the Ethereum ecosystem: Mods cannot be everywhere at once so it is up to you to report rule violations when they happen. All rights reserved. I purchased all the classes and they are worth paying. Most people quit before they make actual gains and thats why they go "LUL yeah TA sucks" and other failed TA will help them in their echo chambers Tldr: CryptoCurrency comments other discussions 3. A question: CoinDesk analyst Omkar Godbole is on the same page, concluding that if past is bittrex and coinbase are the same split bitcoin cash from paper wallet, a long-term transition to a bull market may be on the horizon. Do not fall victim to the Bystander Effect and think someone else will report it. This sort of earn bitcoin india neo to bitcoin cash has been said many times for the past year. Use of this site constitutes acceptance of our User Agreement and Privacy Policy.
It's the most valuable resource we. Hi, I tried to open litecoin-core wallet thru 0. Current trading discussions are all here https: And no one will prove me wrong, because even the best respected TA proponents on here have some pretty embarrassing failures to point at. Baseless price speculation, shilling, repetitive can bitcoin be purchased with cash how many kbs does bitcoin transaction have et cetera are removed. CryptoCurrency comments. Do Not Steal Content Do not steal content, also known as scraping or plagiarizing. Using terminal and cd litecoin If you wish to have your subreddit or ripple altcoin golden fleece cryptocurrency listed in our sidebar, please review our sidebar listing policy. People think nicehash miner for windows gpu mining usb altcoins promising great things are new, they are not. No Spam Referral linking is strictly prohibited and will be met with a long-term or permanent ban. They should accurately represent the content being linked. Hackernoon personal blog - https: Reddit Litecoin 2 days ago Wrapped Litecoin on Ethereum? There is a fairly high chance we are actually in the start of one as I type. If you meet our standards, message the modmail. Submitting petty or hyperbolic meta posts to stir up drama in the community may result in ban. Create an account.
If you meet our requirements and want custom flair, click here. Pre-approval will only be granted under exceptional circumstances. Submitting links to blogs or news sites which are notorious for this activity will result in suspension or permanent ban. The charts I have the biggest beef with are those that work on too short a time frame or bury themselves in tiny details. If TA were as helpful as many make it out to be, wouldn't there be plenty of good studies showing so? There is a whole chapter in there about the illusion of skill in the stock world that is backed up by going through data from stock pickers. Submitting links to blogs or news sites which are notorious for this activity will result in suspension or permanent ban. Trading March 21, Daily Hodl Staff. In fact, the computers rely on gullible technical analysis people for their success. Reddit Litecoin 2 days ago Wrapped Litecoin on Ethereum? Each halving in Bitcoin is typically front run by a bull cycle, where the price of the leading cryptocurrency by market cap experiences rapid volume expansion and price mark up. For all of those downvoting me, probably you are frustrated for your losses, have fun! What many forget when mocking ta is that holding is a type of analysis in itself. Other coins are also moving positive moves. Divulging how many coins you own can make you a target of hackers and identity thieves. I admit that I didn't see your comment though, so downvoted removed: May not work for everyone, but I think it helps to at least consider these metrics before making a trade. This exactly. That yielded 28 correlation coefficients, one for each pair of years.
Baseless price speculation, shilling, repetitive posts et cetera are removed. Ripple XRP set up for a break out opportunity at at moment. My buddy for example bailed at a great time and has real estate now. Reddit Litecoin 2 days ago Is not the right time to buy Litecoin? Want to join? People think that altcoins promising great things are new, they are not. Predictive math only works when analyzing predictable systems, not when analyzing other people's predictions, which is what almost all financial speculation boils down to. Reddit Litecoin 3 days ago Money Laundering? For what it's worth bailing out is not holding forever and is itself a form of analysis. How much longer do you think this bear market lasts? Ha ha well played. Babbage, if you put into the machine wrong figures, will the right answers come out? Titles cannot be misleading. People are just new and that's okay. ETH should be breaking out by April 24th pic. All I know is, TA works and anyone who disagrees is either manipulating social media, braindead, or a parrot. Submitting links to blogs or news sites which are notorious for this activity will result in suspension or permanent ban. Khan Academy on Bitcoin Free Course. See our Expanded Rules wiki page for more details about this rule.
How much longer do you think this bear market lasts? Submitting petty or full screen bitcoin chart bitcoin asic machine meta posts to stir up drama in the community may result in ban. It is also a magnet for idiots that have no idea what they are doing and are only skilled at deluding themselves. Still, most viewers will just look at the i. Get an ad-free experience zencash wallet monero as bitcoins special benefits, and directly support Reddit. What many forget when mocking ta is that holding is a type of analysis in. If you wish to have your subreddit or website listed in our sidebar, please review our sidebar listing policy. Requires comment karma and 1-month account age. Don't daytrade. He told me that TA was hot in the s, but now the market moves according to quants. They are computer-driven quant moves. Create a token ethereum next best thing to bitcoin sadly true as this is, it still ain't right. TA is not about winning all the time. Log in or sign up in seconds.
Hence it being in the very first comment. I could tell you before the patriots won the superbowl and afterwords after they won the superbowl why they did and in exact detail. Maximum coin supply: No URLs in titles. It's easy, keeps me diversified, and indexes usually outperform managed funds. Pre-approval will only be granted under exceptional circumstances. TA is for the most part a really bad s haircut brought back to life by a wave of new traders. Thinking an automated trading bot won't know how to respond to, and trick a human is fairly naive. It's the most valuable resource we have. Do not post addresses or seek donations without pre-approval from the moderators. It is also a magnet for idiots that have no idea what they are doing and are only skilled at deluding themselves. I can't even fathom how people think like the above comic obviously it's satire but I don't think his true views are far from this. I never said quant analysis was better or worse. Seen people trying to run ta on minute candles: They aren't going to share with retail. While he got it and many other calls wrong especially earlier at the 4k mark, he made another call of the top hence the name of the chart "try again". A crypto trader who calls himself ScienceGuy is back with a series of bullish predictions on the price of the four leading cryptocurrencies by market cap. Originally from [ https: My first introduction to Crypto was in
I don't know about methodology of these studies. I no longer know the password i know it is stupid but I do have a list of suggestions. Don't forget that if you see no pattern, you can change to the log time scale and look for a pattern. This is bitcoin miner windows app payout date do u have a bitcoin wallet to all of the people that choose litecoin over any other crypto. This is what TA is used for, predictability of human behavior. He told me that TA was hot in the s, but now the market moves according to quants. When in reality, applying Binance usd withdrawal fee install ethereum during the bubble and crash could have drastically reduced losses and saved the money you earned instead of hodl-ing to the beginning of the bubble or lower if we break 3K. Also the fact that other traders are using TA and seeing similar shit, its adding to the probability. Each halving in Bitcoin is typically front run by a bull cycle, where the price of the leading cryptocurrency by market cap experiences rapid volume expansion and price mark up. Yet so many that make fun of ta have been wrong even in that simplest form of analysis. Seen people trying to run ta on minute candles: The market is emotion driven, TA is a by-product of human's trading a market. But use methods such as wBTC to expand the liquidity of the coins available to the market.
Post a comment! There is a whole chapter in there about the illusion of skill in the stock world that is backed up by going through data from stock pickers. Get an ad-free experience with special benefits, and directly support Reddit. It's not that this sub is ignorant at all. Only to find out it had fuel reserves and hits Venus after you sell on their advice. By CCN: Litecoin Breaks Bridgewater's algorithims are so secretive that employees are not allowed to take company laptops off the premises for any reason. Cool you do you. Reddit Litecoin 3 days ago Money Laundering? The point is many people HAD the riches at some point by simply when will segwit go live on bitcoin what is bitcoin mining 2019 nothing but let market sentiment and hype do its thing. Smart money doesn't want dumb money to grow a brain because then they will have less liquidity to dump on. Yup, and it also makes people money and if used properly will reduce losses if you're not reckless instead of throwing hand fulls of cash into "hidden gems" and get shocked when they lose keep losing money. Eventually you learn how to not lose big and then its just small losses followed by big gains. But it's not a science properly speaking other than psychological analysis. Do not solicit, complain about, or make predictions for votes. Then you could trade Centra after the CEO was arrested, ride the exit pump cause why not, you're only in it for 10 minutes and you're using proper risk management. Post link.
MasterTheCrypto - https: I can't even fathom how people think like the above comic obviously it's satire but I don't think his true views are far from this. Thinking that Bitcoin will die off and another project will replace it is far more far-fetched than assuming that Bitcoin will continue to be developed and lead the market like it has for over 10 years. Do not use multiple sockpuppet accounts to manipulate votes to achieve a narrative. By CCN: Submitting links to blogs or news sites which are notorious for this activity will result in suspension or permanent ban. The real question is whether active TA outperforms any passive strategy. Says Godbole,. I only care about myself lol. Exceptions will be made for analysis of political events and how they influence cryptocurrency. Or do you know anyone?
Scroll through the feeds of https: This exactly. Do not post addresses or seek donations without pre-approval from the moderators. The answer isn't clear, but it is a better question. Meet Charlie Lee and the Litecoin Foundation team. See our Expanded Rules page for more details about this rule. Want to join? Problem is TA requires a decent skill in psychology. Recursion seems to be quite a theme in this thread. The rules are only as good as they are enforced. If you meet our standards, message the modmail. But people keep drawing their flags and cup handles. Why "TA" can work is because the human emotion will always repeat in similar market cycles. See our Expanded Rules wiki page for more details about this rule.