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Gem100xhunter
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The next leg up for alts is just around the corner. #Write2Earn #altseason2024 #AltcoinBoom

The next leg up for alts is just around the corner.

#Write2Earn #altseason2024 #AltcoinBoom

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Open your mind and read‼️‼️ I see alot of people skeptical about technical analysis. Most newbies. I want to explain something to you. Analysis is not perfect. Can it be perfect? Probably, but you will need a perfect human being to do that. Is that possible? No it is not. Why do we do analysis then? Its simple. From a million possibilities, we narrow it down to the most likely scenarios and come up with a strategy to deal with it. Trading strategy and technical analysis is 2 different things. Some traders prefer to trade before confirmation because this allows higher reward but it comes with higher risk. While others prefer to do it after confirmation which lowers the risk and lower reward. technical analysis was developed and has been used for many many years. It does not allow you to predict the future however it allows you to calculate risk and foresee possible outcomes. It gives you an edge. Thats all. In trading having an edge gives you the advantage. Thats the difference between trading and gambling. As traders we do not allow anything to happen by chance. If we do that, then we are no different from gamblers. The better the analysis, the more you increase your odds. People are right when they say no one knows whats gonna happen. If we are being honest no one can tell you the price of btc exactly 5minutes from now. But what we can do is identify reversals patterns and trends to use it to our advantage. You dont have to believe in TA. No one will force you. But at some point of your trading career you will look for an edge and TA is there to welcome you whether you like it or not. Being an analyst means Accepting new ideas. Being adaptable. Being patient and most importantly. Having an open mind. EGO and being closed minded is your biggest enemy. I would rather go to war with a weapon than with my bare hands. Any weapon will do it could be a stick, a sword, a rock or a gun. Same goes with analysis. Going in with any type of analysis is better than going in with just sheer feelings. Happy trading to everyone👍🏽👍🏽
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