Contrary to the myths issued by "know-it-all experts," no market category complies with TA & classical charting principles better than do cryptos. Why? Cause cryptos are immature, based on a hope & a prayer and have no legit fundamentals yet.
Do you really think the SEC will be okay with a company that:
- raises 30,000 ETH in an ICO at an average price of $500
- sells all ETH to lock in a raise of $15 million
- waits until ETH price drops to $100
- refunds all 30,000 ETH to investors
- keeps the remaining $12 million
@donalt "if" you were to think in USD. (especially in a down market)
when actively trading on mex, would you take profits out of mex to secure the USD profits, then continue to trade your normal account balance?
are there alternatives?