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RE: Bitcoin (BTC) Evening Update: A Directional Resolution is Needed
You choose Monkeys or Haejin's TA, the result will be the same... https://www.automaticfinances.com/monkey-stock-picking/
or you listen to me: The best crypto in the whole space is STEEM and the best project is EOS.
Add Bitshares... and you have the most powerful basked in the whole market.
Buy those 3 and HOLD (or HODL, like they say in crypto)... and you will win over Haejin's TA and monkeys... fact is that there is nothing new in what Haejin do, TA has been around for ages and have always been rubbish!!
I will keep telling this.
nothing wrong with the picks, I'm bullish on EOS/STEEM/BTS as well and won't argue with you about it.
anyways haejin's analysis provide so much awareness of the possible outcomes which is where you find the real value. many analysis will be stuck in their prediction and are unable to adjust, but not haejin (I've seen many!). he provides several counts and at the end it is a game of probabilities. it helps a ton to be aware of several possible scenarios and it protects you from any kinds of FUD which might lead into some panic sellin or whatever stupid decision. I can only talk for myself but this guy helped me a ton buy calming my mind.
also yes, BTC might be a prototype, and anyway it still has a huge dev team and is the crypto flagship that drives the whole market and opens the gate to the crypto world (and this wont change in the next half year)
I have tested TA and looked into it severel years ago. It never made real sense for me. I understand the concepts but still I couldnt find any evidence that TA outperform holding (or hodling)..
Personally I stopped trading and speculating a lot time ago, now I only buy if I like the fundamental and I can see a strong use case of the drypto.
In the end its only Steem that has that (for me at-least) and where I see EOS and Bitshares having those huge use-cases in the future.
But yes I know many many people speculate in crypt alt coins and bitcoin... its just something I have outgrown.