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RE: 1/25/2017 The Market View and Trading Outlook

in #bitcoin7 years ago

True and what makes crypto so interesting is that really all we have is patterns and TA as opposed to Fundamental Analysis.. There are no real earnings reports, quarterly shareholders meetings etc for things like BTC. Now for some of the Alts that may come into play as the coins are basically shares and have an underlying company are business model associated with them. It's tough to play at many times and like I said.. I'm all about catching a ride going my way or seeing an opportunity based on TA that is somewhat obvious like the LTC call a couple weeks ago.. That said I missed the ETH run up before it, but oh well.. I was to busy on BTC charts and there is only so much time in the day. Certain setups present themselves quite often and when I see one I'll go in with a stop and take a risk, but not in a downtrend or bear market.. sideways or bull, sure.. but not playing flip the coin against the bear...

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