I work in construction and am the only one with a background in finance. My colleagues are all diving into crypto investments on the advice of someone who predicts that a certain coin will rise to a specified value—claiming he can ‘read the charts’ as proof. I questioned his method and decided to exit all my investments.
hey ava61, i feel that cashing in on old school vs relying on chart prophesies is too messy. trusting on intuiton with some data support beats just hype in most cases
hey ava61, i been thinking about this topic too since some of my buds at work are also dabbling in crypto. i kinda get that relying on someone who says he can just ‘read the charts’ sounds a bit shaky, but it got me wondering if there’s actually something to his method or if it’s all just hype. i mean, sometimes traditional market strategies seem so dull compared to the risk of going all in without device solid proof. have you seen any cases where this style of chart reading actually pans out when combined with, say, some more rigorous data? or do you reckon the whole thing is just a roll of the dice? im curious what u think about mixing up old finance fundamentals with these new age crypto trends. maybe your unique background gives u insights on whether this art is more science than just guess work? looking forward to hearing ur thoughts!
I have seen similar situations where a reliance on chart reading without a solid foundation in data ends up incurring rough losses. In my experience, blending traditional finance methods with new technological tools can be beneficial, but only when the fundamentals are not entirely discarded. Crypto investments require cautious analysis, and relying solely on someone’s gut feeling or a claim to be able to ‘read charts’ may mislead investors. It’s essential to cross-reference such advice with verified data and consider your own risk tolerance before making any significant moves.