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RE: BTC morning update 29.01.18

in #btc7 years ago

I still don't understand why people do this, the crypto market is so volatile and unpredictable you literally never know what's going to happen, this isn't the traditional stock trading, especially that it's so easy for whales to control the market.

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Thats why you should look at his prior chart. Or on another take if you truly don't believe in it, why invest time in reading up on it? You must believe some part of it. Its not 100% but crypto follows elliot waves much more often then you might believe.

Cryptomarkets are actually running more precise on elliott waves than any other market out there. No (or very few) trading algos, just fear an greed of people.

Exactly - very little, if at any, manipulation in the cyrpto markets especially when compared to stocks. Volatility doesn't necessarily mean unpredictability.

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