@intocryptoverse
It's so predictable - once we went up a little, everyone's getting bullish.
The same is true in the other direction.
Human psychology doesn't change.
@DrocksAlex2
@SxcredNFT
@iFantazi_
Agree, that kind of TA doesn't make much sense with elephant ls tokenomics. That said, a new ATH would be quite healthy for the confidence of current participants
@sunnydecree
What was the rationale behind changing to German? How did that change impact the channel?
I'm German as well - and run an English crypto channel
@intocryptoverse
It's funny how 80% think the price will rise - but if you asked them if they bought any BTC in the last 4 weeks - you will probably get a result lower than 80%.
Prices don't rise because you wish for it. They rise because more is bought than sold.
Statistically speaking, for BTC the 7-day SMA works best to predict future price growth. For ETH it's the 39-day SMA. Prices are now above both moving averages. Looks bullish to me.
Buying
#bitcoin
at the
#alltimehigh
can be quite profitable. In only 25% of cases in bitcoins history would you have gotten a negative return (red bars in the chart)
@CryptoAlchemy1
@intocryptoverse
Agreed, price rises need to be in line with new people coming in - not existing people investing more and risking more and thus becoming weak hands.
@KOUTSA4
@intocryptoverse
Ni it's not bollinger bands - those expand and contract the same way on both sides from an average (basically adding / subtracting the standard deviation from the moving average). Those bands don't have this typical expand / contract pattern of bollinger bands...
@DCAhodler
@ChartsBtc
Everything is possible - but now many more people are buying for the long term. I don't see that many weak hands anymore. Corrections will continue to get bought up for quite a while IMHO
@APompliano
Cutting spending when income is low sucks hard. You need to teach people to make scalable income and not rely on skills that can be globalized away over the years.
Is
#Ethereum
the better
#Bitcoin
? In this video, we determine financial metrics such as Alpha and Beta and find out, if the additional risk of getting into
#ETH
pays off with the appropriate additional return. Hope you enjoy the video.
There is a way to get better-than-random prices when dollar-cost-averaging into Bitcoin. Here is a backtested strategy with interesting results - hope you enjoy the video!