RE: BTC TA the easy way – breakout arrives and descending channel holds
That is a lot of parlance, @julianhorack! You have an amazing amount of knowledge. I can’t say I followed 100%. But if I can summarize... Bitcoin is trending down. While no one can predict the future, it does seem that it has considerable gravitational pull. But there are unknowns since the last significant recession was pre-BTC. (Ha ha. That almost sounds like a term only historians and paleontologists would use.)
If I had a whole lot of available hours, I would love to get really good at intelligently analyzing markets and investing! But I don’t. So I will just occasionally read wisdom like this, make whimsical decisions regardless of what I’ve been told by those who understand fundamentals and indicators, and then cry into my coffee when I don’t succeed at making money!
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Thanks for your kind words Jayna, I have absorbed a lot of info over the years as I have given myself the lifestyle that has all the time in the world to study. You are perhaps obliged by family duties, making money, which I don't have to worry about. Since I have no family or the need for much money, I get by on a minimum, but have the greatest treasure of Time as an asset.
Not to worry about studying trading, you can do well by just buying Bitcoin and holding it for a few years. The long term outlook is bullish or profitable, if the past is anything to go by.