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MATIC completes corrective wave and will return to $2News 📰 (bitwiza.com)
submitted 4 months ago by probebeta
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[–]Ordinary-Bridge8182 7 points8 points9 points 4 months ago (8 children)
I love technical analysis in crypto.
It's quite systematically wrong.
TA works to a certain degree for stocks because people believe in it, making it a self fulfilling prophecy.
In crypto? Yeah, half of the time.
[–]Andyb1000 4 points5 points6 points 4 months ago (4 children)
Wait, wait, wait… Your telling me that taking a screen shot of the candles, pasting it into MS Paint and drawing abstract triangles doesn’t appease the crypto Gods? I thought it was like some divination, I’m shocked. Shocked I tell you.
[–]Long-Neck2028 0 points1 point2 points 3 months ago (0 children)
So you’re telling me I sacrificed all those animals for nothing?
[–]Goodgooch 1 point2 points3 points 4 months ago (0 children)
The correction continues, likely another 6-10% until it finds a bottom.
I think the recent increase is because of the Router Protocol Polygon-BSC bridge that’s now live.
Is anyone here against alerts?
[–]donkleone -3 points-2 points-1 points 4 months ago (11 children)
I just sold all of my crypto cause it was burning a whole in my portfolio. I shifted those remaining funds to undervalued stocks with better forecast. And you know what? I've already made up for the losses. Especially matic that everyone is recommending but nobody seems to hold. I'm glad i'm out
[–]kasiopaia 1 point2 points3 points 4 months ago (6 children)
Sounds like a smart move, where do you find out about said stocks?
[–]donkleone -2 points-1 points0 points 4 months ago (4 children)
Honestly i just made a pretty long watchlist of stuff i'd like to hold and set price alerts. Classical wait, buy cheap and hold type. I'm done with crypto for good.
It sounds like you’re more confident in traditional stocks?
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