Charts ... Charts Everywhere
There are lots of people on Steemit showing you charts or making videos which tell you that the market may go this way or that way, and they all have ... lines. But the better charts also include ... circles, and perhaps ... some arrows.
You know you can trust the ones with arrows, because they at least give you a visual indication that something may actually go in one direction or the other.
Even better are the charts pointing out a pattern and exploiting it.
But what not one of these famous chart/video posters on Steemit will tell you is ...
Most make more money posting charts or videos than they do trading!
That's why they show you their charts and talk about their crypto's in videos. They need you to pump the price up on the shitcoin they just FOMO bought and want you to pile on like the rest of the suckers.
But You're Smarter Than That ... So don't fall for it!
They don't know any more than you most of the time and their trades aren't doing any better than yours more than likely because the vast majority of people trading crypto are losing money.
And if you've read this far, then this is probably the situation you're in with your overall portfolio. So stahp losing money trading or barely scraping by taking big risk with what little you have made!
What you really need to be learning how to do is ....
Learn how to draw lines, circles and arrows on a chart in a convincing fashion and then post them on Steemit with some analysis explaining that things could go one way or the other depending upon which line is crossed.
I hope this has been helpful and happy line drawing!
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Here is the bullet proof way to make money on cryptos
LOL.
We Chart - Therefore... We Art.
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have a nice week my man
People out there pay lots of fiat money for certain people drawing arrows and circles on a candlestick chart and telling them what to do.
I do like that by html wickedness at the bottom!
But, what about the Fibonacci something lines?
One day when I am a master trader like you - I will learn all the lines and circles!
html is hard.
lol. following you right after I make a chart with line all going upwards. Im hoping I can pull a good billie mays..but after i do all that, and my steem post makes millions. I will follow you. no, but keep them coming. good stuff
But what about people who can draw the lines and make money on the trades? Should they be dismissed just the same?
Are they profiting off of the trades by acquiring a crypto then posting charts and analysis that may influence other traders into purchasing?
Are they possibly hedging any losses on those trades (or adding onto possible gains) by profiting off of the analysis post?
If they are, dismiss them. :)
I have no idea. I can only speak for myself.
Minus Craig-Grant! That guy knows the flow man haha! Cheers from Brazil!
A great place to understand what the circles and lines are all about is http://www.babypips.com/
Technical Analysis is not a perfect prediction, but it can be combined with sentiment and fundamental analysis to help decide on good long entry points, or for day traders looking to make a profit. It's not going to work all the time, and not all analysts will get it right, but savvy whale Bitcoin traders can make far more than a journalist's best case scenario.
chart is an art!!
LoL. I'm also use charting. It's an art. Might be math might be quiz. Why?? Coz when we charting, we forecast somthing. It a happy ending if we get good result. And felling lost when we failed. Is like we do add math right??
So this is how meme triangles are made? Thank you for the enlightenment
abso-fucking-lutely
Invest in what you belive in and don't day trade, simple really.
Good point.
LOL, babe. This is my chartz-style, full of rainbowz.
