Things will always work out differently - page 2.

Kunotcoin

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Quote from: Refrumatrix on December 09, 2021, 03:06:50 AM

I told many that charts can be deceiving at times but many don't believe me, some even go and bring out 2017 bull chart and start comparing to 2021 charts so now tell me are the charts still the same? Whatever is going to happen in this December still lies in mystery 🤣😂🤣, things will never work the same way as the past

I think that's how it works because the chart is not always accurate! The crypto market moves like a mystery that's why no one can exactly predict its outcome even in a short period of time it always changes so whatever the outcome is? one thing is for sure the crypto market will always bounce back, that's why there's no reason to be panicked it's already December so what can we expect? a dump or a massive pump for that question it's better to observe wait and see.

uelque

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Quote from: Refrumatrix on December 09, 2021, 03:06:50 AM

I told many that charts can be deceiving at times but many don't believe me, some even go and bring out 2017 bull chart and start comparing to 2021 charts so now tell me are the charts still the same? Whatever is going to happen in this December still lies in mystery 🤣😂🤣, things will never work the same way as the past

Yeah that's right but in my opinion it is also not that bad to somehow based speculations or either analysis on past markets data or let's say History. If you ever have been existing since 2017 and experience the bull and bear market already, or been existing in the market since then, you'll definitely understand where they are coming from. So don't laugh at them, for me it is very rude though. Lol.

Some people are just using their past experiences to make profit, and it's not bad, I consider it wise to be honest, because it is like learning from experiences. And a person who always learn from his/her mistakes or experience are at some point is always ahead to those who don't.

husdemba

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Pepemo.vip

The opposite of expectations has always come true in this market. We have experienced such scenarios many times before.
We should buy at the prices we target, regardless of fear pumping. I'm going to buy around 43000 and 40000 and hopefully I'll earn some money.

BitcoinAccepted

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Quote from: Refrumatrix on December 09, 2021, 03:06:50 AM

I told many that charts can be deceiving at times but many don't believe me, some even go and bring out 2017 bull chart and start comparing to 2021 charts so now tell me are the charts still the same? Whatever is going to happen in this December still lies in mystery 🤣😂🤣, things will never work the same way as the past

Technical analysis uses previous data or available data in order to predict the market this will includes the 2017 bull chart market and you can do anything about it since that's how technical analysis works. You look for existing data > compare it or make analysis out of it and that's all it's either right or wrong, sometimes it works and sometimes not so it's not for you to tell if it will work out differently or not.

Congyang

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Graphs are very difficult to predict how they will run, whether they will go up or down it is very difficult to provide a truly accurate explanation of well-made speculations.
But on the other hand, if you look at history, there are certain cycles that can be used as a reference because things like this keep repeating themselves.
regardless of what happened no one knows but for the past few years the cycle has always been the same

LogitechMouse

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Quote from: Refrumatrix on December 09, 2021, 03:06:50 AM

I told many that charts can be deceiving at times but many don't believe me, some even go and bring out 2017 bull chart and start comparing to 2021 charts so now tell me are the charts still the same? Whatever is going to happen in this December still lies in mystery 🤣😂🤣, things will never work the same way as the past

Charts aren't crystal balls that will predict the future.
In crypto market, there are no such things as certainties but only probabilities. What happened last 2017 might happen this year or it might not.

The point here is we are just basing our analysis on its price movement in the past but the reality is we don't what "exactly" will happen in the future and nobody knows. Many are expecting that this month will be more bullish on Bitcoin but it seems that it didn't happen. I disagree though with what you said that it will never work the same way as the past. I think the correct phrase for that is it might work the same or it might not

.

YOSHIE

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Quote from: Refrumatrix on December 09, 2021, 03:06:50 AM

I told many that charts can be deceiving at times but many don't believe me, some even go and bring out 2017 bull chart and start comparing to 2021 charts so now tell me are the charts still the same? Whatever is going to happen in this December still lies in mystery 🤣😂🤣, things will never work the same way as the past

2017 and 2021, things are much different, graphic factors, movement, analysis, predictions have been discussed very often here, the meaning of the word everyone is aware, crypto moves and retreats based on investors/whales and sellers/buyers.

2017, investors/whales, didn't know much about crypto, so they swallowed all the coins in the crypto market, coins at that time could be counted on the fingers.
2021, investors/whales, busy making their own coins, so not interested in other coins, they are busy pushing their own coins, so don't expect Altcoins this december, which is expected to be like 2017.

Different from Bitcoin, it's a single crypto, all investors/whales plant seeds there, to be developed into private coins.

CryptoWebDirectory

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HODLer

I couldn't agree more. There was that first dip around November 25th and many of the analysts I was reading were talking about the market just correcting itself, and things were still bullish, and one guy compared that dip to one from a previous year when the price jumped right back up. Then the market took it's second big dive on like November 28th and suddenly some of the same analysts are second guessing themselves while others are still trying to compare this chart to some other one from a previous year. Honestly, I'm starting to get a little sick of it lol.. I know history repeats itself and indicators do have lots of accuracy, but in the end you just never know what the market is going to do. At this point, in some of the articles I read analysts now say it could be like this at least into early 2022 (just basically consolidation between like $44k and $52k) and very few are still saying the bulls could come back (these are FXStreet articles, Cointelegraph articles, Twitter users..etc). Of course, things can happen when you least expect them. Look at NFL games - everyone bets on Tom Brady to cover the spread against the worst team in the league and that will be one of the few weekends out of the year his team won't cover Grin

Porfirii

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Quote from: Jackl87 on December 09, 2021, 04:48:49 AM

I have never been a big friend of all that trend analysis stuff. I saw video of a crypto influencer a week ago or so where he predicted that Bitcoin will make a breakout in the next few days because in the chart analysis you can see that... and then the next day BTC dropped from 57k$ to 47k$ Cheesy

. (...) In the end i think the market is almost impossible to predict.

If you don't have inner knowledge, it is impossible without the almost. I have always had the suspicion that TA is like the horoscope, and since I read Taleb's Black Swan, that suspicion has turned into conviction. But don't say it loud, you will make a lot of enemies here who are "experts in trading" (who not? everything has gone nuts since the beginning of crypto, so chances of making money are high).

Jackl87

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Quote from: Refrumatrix on December 09, 2021, 03:06:50 AM

I told many that charts can be deceiving at times but many don't believe me, some even go and bring out 2017 bull chart and start comparing to 2021 charts so now tell me are the charts still the same? Whatever is going to happen in this December still lies in mystery 🤣😂🤣, things will never work the same way as the past

I have never been a big friend of all that trend analysis stuff. I saw video of a crypto influencer a week ago or so where he predicted that Bitcoin will make a breakout in the next few days because in the chart analysis you can see that... and then the next day BTC dropped from 57k$ to 47k$ Cheesy

. So yes maybe you can predict something sometimes from chart patterns that happen a lot of times but as you already said, just because the chart behaved that way a few months or years ago it doesn't necessarily mean that the chart will behave exactly like that in the future. In the end i think the market is almost impossible to predict.

Ararbermas

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Right.. People comparing the past without knowing that market sometimes fails to repeat the history itself, probably good traders knows abou that. Wherein even though there's always an accurate pattern or structure that always exists in the graph it still not a good reason to rely in it because the fact that market isn't perfect it can always cause losses after all.

passwordnow

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Quote from: Refrumatrix on December 09, 2021, 03:06:50 AM

I told many that charts can be deceiving at times but many don't believe me, some even go and bring out 2017 bull chart and start comparing to 2021 charts so now tell me are the charts still the same? Whatever is going to happen in this December still lies in mystery 🤣😂🤣, things will never work the same way as the past

The charts are different from both years but there goes the saying about 'cycles' and that's why you see speculations and analyses that are including the past year's chart.
It is okay if we don't know what will happen by the end of this year and we're already near to it. We're going to see if it will be as good as last year and will be continuing the bull run that it has started.

Refrumatrix

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I told many that charts can be deceiving at times but many don't believe me, some even go and bring out 2017 bull chart and start comparing to 2021 charts so now tell me are the charts still the same? Whatever is going to happen in this December still lies in mystery 🤣😂🤣, things will never work the same way as the past

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