Crypto Bollocks: "You Can't Time The Bitcoin Market"

in #bitcoin6 years ago

Debunking a crypto myth “You can’t time the markets”.
Learn how blockchain technology works or how to make and save money with cryptos at https://www.cryptoversity.com/courses/

Table of Contents:
00:00 - Introduction
03:13 - Start of chart analysis

●▬ Social Networks ▬▬▬▬▬▬▬▬▬▬▬▬▬▬●
Steemit: https://steemit.com/@marketingmonk
Twitter: https://twitter.com/ChrisConeyInt
Facebook: https://www.facebook.com/Cryptoversity/
Telegram: https://t.me/TheCryptoverse
Email: http://eepurl.com/dlPc9P
Reddit: https://www.reddit.com/r/TheCryptoverse/
Minds: https://www.minds.com/marketingmonk
Gab: https://gab.ai/chrisconey

●▬ Support The Show ▬▬▬▬▬▬▬▬▬▬▬▬▬▬●
Buy online courses: https://www.cryptoversity.com/courses/
Become a patron: https://www.cryptoversity.com/enroll/
Buy Bitcoin: https://www.coinbase.com/join/56e9586dba1a7901da0004d4
Buy a hardware wallet: https://www.ledgerwallet.com/r/d1da
Trade crypto: https://www.binance.com/?ref=10890655

●▬ Donate Crypto ▬▬▬▬▬▬▬▬▬▬▬▬▬▬●
Bitcoin: 3Fo7Uri2R4MLBbZZ3Ja1ryiXnto8BfqFL1
Bitcoin Cash: qqjjyt543y0untmq6w5em6h82u60kcaqpywxm7x75w
Ethereum: 0x0de0E11E0812982652AB68F903643b0cddD4C0a8
Dash: XbrDZbmqUvUUYsPnj8eSLTLqccXe6QvGoz
DigiByte: DBGFU3KLBiLHa6ZfeorxzfeYaA76Joa36B
LiteCoin: LKLvp8owSjqbNRo3iT2fwgzCF6XBZVC4ig
NEO: AYpGCzgWsZvR6f3fvfDKKkbcCKU1KFU8kd
EOS: geydaojvgene

●▬ Sources ▬▬▬▬▬▬▬▬▬▬▬▬▬▬●
None

Sort:  

Chris, given that none of the cycles reached the previous cycle's high, why would you expect this forming cycle to bounce off at the 10k mark? wouldn't 8.5-9k be more probable?

You make a very good point. This cycle high is likely to be less than the previous cycle high of $10k you're right.

Interesting perspective but you did mention something very important regarding fundamentals or catalysts that could disrupt these waves. The thought of no real news coming for extended periods of time is unrealistic given how fast the blockchain space is moving and how many industries look to engage in it.

It's better to hang out with people better than you. Pick out associates whose behavior is better than yours and you'll drift in that direction.

@marketingmonk sir all the crypto market is depend on bitcoin.

Coin Marketplace

STEEM 0.19
TRX 0.15
JST 0.029
BTC 63548.34
ETH 2646.78
USDT 1.00
SBD 2.74