Technical Analysis vs. Fundamental Analysis

It's that time again...

Here's the time-line of crypto crashes, how you can understand them and how you can predict them. Note this is not financial advise, just my opinion. Finally I get to say that myself, I must be an expert now.

Technical experts were predicting 1 million dollars by next week for investing 10 bucks in something they don't know a thing about. Mostly they prove that they are not idiots by presenting you a chart like this.

It's soooo very obvious. We get all kind of idiots who think they will get rich without taking any risk. It would be stupid not to invest at least most of their savings. Then we get all kind of idiots making fuzz about how smart they are.

What happens next is something the technical analysts didn't see coming. But that's not an issue for them, after all they claim they are not perfect, it's not financial advise and just their opinion, right? Somewhere on the north or south pole (financial experts are not biologists) a baby penguin shat and the mommy penguin saw that looked like a bitcoin.

This is obviously very relevant news that that is spread all over the media. Technical analysts quickly explain this pattern to the idiots. It sometimes looks like this, better known as the "penguin to dog pattern".

Luckily that's not too big of an issue because in most cases the penguin to dog pattern is followed by a dinosaur pattern which, as you can see has a very steep curve at it's neck which will no most likely occur.

So where are we now on the dinosaur? How should I know? I'm no technical analyst.

The point is there is a difference between technical analysis and fundamental analysis. If you don't know the difference you've got some learning to do. Technical analysis has its merits but also its flaws. Can we now please focus back on the content, the blockchain technology?