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/biz/ - Business & Finance

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20137656 No.20137656 [Reply] [Original]

Technical analysis is a meme. daytrading is glorified gambling. cryptos are a shitty investment compared to other options.
Change my mind

>> No.20137692

That’s why they are called memelines you stupid newfag

>> No.20137693
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20137693

>>20137656
>Technical analysis is a meme.
true

>daytrading is glorified gambling.
yup

>cryptos are a shitty investment compared to other options.
oh no
it's retarded

>> No.20137701

>>20137656
>Technical analysis is a meme
yep
>daytrading is glorified gamblin
correct
>cryptos are a shitty investment compared to other options
true for everything that's not Bitcoin (BSV)

>> No.20137730
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20137730

>>20137701
>(BSV)

>> No.20137761
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20137761

>>20137656
markets are memetic, not rational

>> No.20137763

>>20137656
Daytrading is a myth
https://m.youtube.com/watch?v=K9JcFAadCVo

>> No.20137787
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20137787

>>20137730

>> No.20137825

>>20137656
TA can get a little hokey. Especially the "grand plan" long term meme lines. However, some of the staple trends are undeniably accurate. Saying "crypto is a bad investment" is the same as saying stocks or houses are bad investment; it just depends what you're buying and at what price.

>> No.20137838

>>20137656
>human psychology in graphical form is a meme

>> No.20137854

>>20137838
>human psychology
is meme based, therefore the graphical form of it, is also a meme.

>> No.20137864

>>20137838
I've heard this a lot. Can anyone recommend any books going further into this?

>> No.20137879

>>20137838
Psychology is a meme, so

>> No.20137977

>>20137854
>>20137879
This is retarded. It's not like the graph is telling you that you want to fuck your mother. Its literally just a representation of how a large number of people react to a binary decision. The only assumption you're making is that humans tend to make similar decisions in similar circumstances, which we already know is true.