pAulseperformance

Why is BTC moving?

Long
BITSTAMP:BTCUSD   Bitcoin
If you clicked this looking for a reason why BTC has been surging you won't find one. I'm here to show you that understanding why is really the wrong question you should be asking. Instead, you need to be asking when and where. Those are the only two questions you need to answer in order to profit. Being in the right place at the right time is all it takes.

If you really want to know why, I am sure there are 1000's of articles and TV posts talking about why its moving. Some of them could be good reasons, maybe even the right reasons, but guess what? And this is really the kicker, so pay attention. "WHY" almost always refers to the past-tense. Things that already happened. So why is BTC moving? Who cares. It's already moved and you missed it because you weren't asking when and where.

Don't even think for a second that understanding why will provide you with an edge the next time around. Because that answer is always different and it's never consistent.

Ok. So forget about why, focus on when and where. When and where. When and where. But how?

Timing and location can be very tricky to get right. But I can guarantee you, if you focus on improving your timing and location over trying to solve the evolving enigma known as why, then you will be at least improving. And any improvement in this cut-throat environment will ultimately lead you to success and the fulfillment of your full potential.

You ask again how do I improve my focus and timing? Where do I start? What do I look for? How do I know? What is this guy even talking about? Will he ever get to the point? Is there a point? Maybe he is selling something? Why...no when, wait. What the heck am I reading?

Basically. It's pretty simple, but not too simple. The fundamental driver behind ANY instrument is people. People buy and they sell, even if those transactions are made by automated bots, they were still programmed by people with people intentions. All you have to do is learn to spot the patterns that people make over and over again and read the story they are telling you. It's really that simple.

I posted this chart in March of 2018.
and here's that same chart from today.

Now, that was a year ago. Yet, I was still able to project a year ahead approximately when BTC would start moving again, along with precisely WHEN to start heavily investing. I didn't say why it would start moving again, I just said when and where. Of course, you can say I just got lucky and you're fine to believe that. I'd be skeptical too. I'd be very skeptical. In fact, i'd be looking for ways to discredit me, because predicting movements like that is unprecedented and a person with those skills would surely be running a hedge fund or at least not wasting their time on Tradingview. All good points. But I don't really care what you think. I am not trying to impress you. I am only trying to impress upon you that it IS possible to predict the markets with an edge. Not 100% of the time, but enough times to make you a successful investor if you manage your risk and pay attention.




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