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Topic: timing the market - page 4. (Read 628 times)

jr. member
Activity: 89
Merit: 2
June 08, 2019, 11:31:31 AM
#1
how to time the market?

As markets move through the stages of the price cycle, moving from downtrends into sideways accumulation, and from sideways accumulation into uptrends, eventually cycling into sideways distribution and finally new downtrend, there is always some genius who thinks that the bottom is in or the high has been made.

Occasionally they are right, but even then, they get out too early and rarely exploit the true potential of their position, typically exiting without any understanding of return on risk.

As Bitcoin continues its accent, the bullish articles continue unabated with one article (in a respected high circulation publication) claiming the cause of the rally was Bitcoin’s RSI, relative strength indicator, reading.
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