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the bitcoin prophet
https://erickimphotography.com/the-bitcoin-prophecy/
# GOD CANDLES LOADING!!!
Shout out to at @ladoger21, and also… @mstrgladiator
So there’s this really funny notion, I’m not sure if MSTRgladiator coined it, or somebody else, but doesn’t matter. The thought and the idea of it is very sticky.
First of all… I don’t believe in candles. I started doing all the technical analysis stuff when I was like a college sophomore Junior, and I realize that it is all fake superstition.
Why? The reason why technical analysis makes no sense is that it cannot predict black swan events.
For example, let’s say you’re reading all these loser graphs, creating some sort of ridiculous model. And then one day magically, the US government announces that they have just purchased 10 million bitcoins. Obviously the price of bitcoin is gonna go through the roof.
3.8
66 ratings
the bitcoin prophet
https://erickimphotography.com/the-bitcoin-prophecy/
# GOD CANDLES LOADING!!!
Shout out to at @ladoger21, and also… @mstrgladiator
So there’s this really funny notion, I’m not sure if MSTRgladiator coined it, or somebody else, but doesn’t matter. The thought and the idea of it is very sticky.
First of all… I don’t believe in candles. I started doing all the technical analysis stuff when I was like a college sophomore Junior, and I realize that it is all fake superstition.
Why? The reason why technical analysis makes no sense is that it cannot predict black swan events.
For example, let’s say you’re reading all these loser graphs, creating some sort of ridiculous model. And then one day magically, the US government announces that they have just purchased 10 million bitcoins. Obviously the price of bitcoin is gonna go through the roof.