Bitcoin

Out of context: Reply #2169

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    ^Yeah, try to use indicators on a chart that's 95% flat...and 5% head and shoulders

    But sure, go ahead, use the best indicators the market can offer even when your entire strategy is "buy and hold"

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    • you should click on the button labeled Log. You need that when dealing with exponential growthESKEMA
    • and indicators work just fine, they're not bound by your monitor resolutionESKEMA
    • Why? Exponential growth might be relevant to a pandemic context, but why for bitcoin?
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    • Also the point was bitcoin has no data. The chart is flat, says right there in the post, ESKEMA
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    • bitcoin growth is exponential because of network effects. I tought you'd know this, pretty basic stuff. The data is there, just wainting for you to press logESKEMA
    • Again that is not relevant, this is just price data BTC to USD. So it had...2-3 moves in 12 years. The most boring asset in history.
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    • On the other side, IF you'd consider Bitcoin exponential growth, it's the most dangerous and volatile asset in history.
      The 2008 stock market crash was 20%
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    • So again, looking at this regular chart plot, it's still 95% flat and 5% an head & shoulders move in the last few months, in over 12 years.
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    • You gotta bring everything down to the basics as you said, this is bitcoin simplified for you, at the end of the day.
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    • So you don't need indicators, it only has about 2-3 S&D points, closest one is 30K, the next at about 19K, then into oblivion.
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    • Tradingview is fucking littered with idiots trying to over analyse BTC daily on the charts. Useless shit.
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    • I have absolutely no problems with bitcoin going down to 10k. I'll be buying regardless. When down more for me.ESKEMA
    • we're not playing the same gameESKEMA
    • only idiots gambling life savings loose. The others play, some win, other manage to keep playing.ESKEMA
    • if you put in play money, You can't ever loose.ESKEMA
    • You'll at least had an experience, an interaction with the markets. You put in what you can afford to loose.ESKEMA
    • Your tiktok arguments make no sense in this forum. we're not your friendsESKEMA
    • looks more eske is running on shitshat arguments.neverscared
    • you're right. I don't know what more to say.ESKEMA
    • He’s got a point guisemonospaced
    • I`am not suprised you suck it up to Maller Maga boy eske, thats dumb from the start.neverscared
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