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RE: ADSactly Crypto Roundup
In my opinion since BCC last surge there is a bit of an inverse correlation to BTCUSD as BCC surge to 900 was fed by BTC drop to 3600 -- i would expect this to wane over time as the cryptos become independent but as of right now they seem to be viewed as competitive coins especially because of mining and sentiment - as we are not yet trading against robots and algorithms, it is up to the sentiment of the people by and large.
If you would like to learn a bit more about TA and FA I wrote an article just a few days ago for ADSactly, a basic overview and some tools. I personally am always up for helping if you have any questions i'll do my best.
Thanks for sharing! Yep good old Suppoman echoed the same sentiment, not necessarily in regards to BTC BCC but just BTC and altcoins as a whole. Up until now the altcoins have generally (with a couple exceptions) seen major drops and gains along with BTC. Also, in the last few months haven't been able to keep up with Bitcoins gains - in other words we would have been better off just keeping all our money in BTC this summer instead of altcoins. But he said that will be changing as more $ flows in to cryptos and people look for alternative investments outside of BTC.
Cool, can you post a link to your article? I never think posting a link to your own post is spammy if its done within the proper context by the way, I do it sometimes too when relevant :)
The same could be said with investing in the S&P 500 or some of the major tech stocks before the recent pullback over picking other stocks, so I mean it is totally a function of the individual and their skill levels of course.
This article I wrote for ADSactly is just a nice overview to get your feet wet ;-)
https://steemit.com/cryptocurrency/@adsactly/technical-analysis-vs-fundamental-analysis
Thanks for sharing, I'll take a look!