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RE: BCH update 11.11.17 - Bitcoin killer on the rise?

in #bch8 years ago

It sounds to me like a weather forecast, it might come true (in case of Steem and the other alt coins you mentioned) or it might not come true. Still not convinced so far that EWs are applicable in the crypto space.

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I get that a lot and I understand your scepticism. Just watch some EW projections from me or haejin for a few months. Be very neutral, but open minded and I guarantee you will see it does indeed work.

It didn't even take me that long. Probably 2 weeks at best after I really got digging. EW and chart patterns are the single best predictors in the micro level. I think fundamentals are superior for long term buying and selling. For the mid term my short and limited experience is that TA and fundamentals are both very effective.

I see TA as a measurement of sentiment. But the world doesn't run on feelings. Only the moments depend on feelings. It's kind of like hook ups and long term relationships. In the long run everything comes down to fundamentals. But on the short term "Game/PUA" works better than being a better good productive worthwhile human being,

At least that's just my personal take so far. I only started trading Aug 1st 2017.