Yeah, I'm not a big fan of chartalism. Some times I think there's a voodoo magic I'm just not getting and other times I think it's just a bunch of confirmation bias. I haven't made up my mind yet, but it seems if another traders believe in things like Fibonacci lines, it becomes a self-fulfilling prophecy. I try not to make price predictions (because I suck at them), but I though my rationale for EOS was fairly solid. My mistake may have been thinking people would be more rational than they actually are.
You are viewing a single comment's thread from: