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RE: Trend Analysis: Altcoins Suffers As BITCOIN Goes up. Top 82 Altcoins down to NEGATIVE Trend, What's Going on?
Btw, as proof of forecast, I´m gonna tell you that BTC is goin down to at least 4300 over the next 2 days, even though its at 4600 and on the rise as we speak. However if you look at things mid term, it will probably go up, testing resistances and trying to get to 5000 just before the october 25th fork. Let it be recorded :P
Anway, there are plenty of professional analysts out there who can give you a way more detailed analisys.
Also, It seems that I´m missing my own point. The bigger point here is that a good trader predicts, but an excellent trader always has a plan B in case he´s wrong about his own predictions. Your goal is to always have a plan in which you win in the mid term, no matter what the market does.
wow.. look at this man. Told you are too much involved. cya after two days.
Well, looks like I was right and wrong at the same time. The market did go down from 4900, but never reached the 4300 I predicted. The correction reached its lowest price at 4716 and it recovered went up way sooner than expecte, now crossing the 5100 threshold. But as I told ya, I still made money. That is the thing: make a setup and plan your trades so you win money no matter what happens, even if you´re wrong or you over or underestimate when predicting. Cya :D
haha. You made money because the market is always goes up and down. Tell me any price and I would place a trade on that price and I would still make money.
The only difference is timing. When you tie your prediction to time. You would always be wrong. The point is not making money. The point is prediction. Thank you btw.