Bitcoin Forum

Economy => Speculation => Topic started by: imsoulrebel on November 22, 2013, 11:15:17 PM



Title: Thread or info with stock market type analysis
Post by: imsoulrebel on November 22, 2013, 11:15:17 PM
 There has been a ton of great info here at the forum. I especially like the ones with some stock market type analysis. Does anyone have any good sites (or threads within here) that sort of delve into some analysis for the layperson. thx


Title: Re: Thread or info with stock market type analysis
Post by: Apostata on November 23, 2013, 12:30:23 AM
Goomboo's Journal is pretty good, discusses using moving averages which are used extensively in forex trading.  https://bitcointalk.org/index.php?topic=60501.0

But bitcoin is not something that can be traded like fx or stock, in my opinion.  For one, there are 3 major exchanges, so each will show different charts and prices. 

The rules I follow trading bitcoin:  buy and hold (day trading isn't worth it), buy when everyone is selling (corrections) and sell when everyone is buying (rallies)  :)