DCA takes care of that stress of watching though
Topic: Is this the perfect indicator for long term investors - page 2. (Read 264 times)
Just pointing out that long-term investors don't really need trading indicators -- unless you're looking at significant and cyclical buying... in which case the first 75% drop post-ATH or the one post-halving are pretty much the "perfect" top-up periods.
DCA takes care of that stress of watching though
DCA takes care of that stress of watching though
Indicators aside, my gut instinct based on my investing experience also tells me that we have either hit bottom or are very close. My instinct may fail just as the indicators fail, but at the end of the day I think there is a consensus that we can't fall much further now, coupled with the fact that this year should have positive returns, if we look at what happened in 2019, 2015 and 2011.
There are a lot of indicators that are pointing to a bottom right now. So it might be reliable however keep in mind that many of these signals went off when we were at the $25K range area.
Many assumed that 200 WMA would hold because it always worked in the past and this time it didn’t work. So this is proof that none of these signals or indicators are fully accurate.
Many assumed that 200 WMA would hold because it always worked in the past and this time it didn’t work. So this is proof that none of these signals or indicators are fully accurate.
I created this on glassnode using onchain data. Only 3-4 signals till date but seems effective.
I break it down in my latest video https://www.youtube.com/watch?v=scGCWlSwAQA&t=185s
If you use glassnode you can replicate this for your own use too.
I break it down in my latest video https://www.youtube.com/watch?v=scGCWlSwAQA&t=185s
If you use glassnode you can replicate this for your own use too.
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