Quote:
Originally Posted by The Porn Nerd
The funny thing about all these "crypto experts" is when BTC goes up or down they offer reasons for why this happened.
REASONS!!
LOL No one has a fucking clue WHY Bitcoin goes up or why Bitcoin goes down. Very funny stuff reading these comments.
Carry on!  |
there is always a reason behind - but the point is that there are multiple possible reasons that a market can go up or down.
one of the reasons can be the automated trading (as crucifissio is doing it). if you have enough people doing the same thing you can forecast a lot of things.
as long as there is not one very big trader who is doing the opposite of that.
the rule is that the rules are working as long as the exceptions are not taking place.
this is the same in any kind of trade but for sure more exciting in such a volatile market as crypto where are no other long-term indicators available.