RE: Update for Bitcoin As Wall Street Jumps in!
salahuddin is a technical analysis, he is going to be right 60/40. To think that he is a magic ball is wrong on your part. This is the reason why all TAs give a disclaimer. Because they know to well that people will follow blindly any infomation that is given them.
To make big money in crypto it is good to follow people like Sal, to get a feel of his methods etc but you need to study on your own. Number one, study Bitcoin. Bitcoin is the base code of all the coins. It is the DNA of crypto.
The rest of the coins you need to study them, mainly check out the GITHUB, are they actually working on there project. Many are not, i can not mention names but a coin that recently went over the $100 mark has only got one programmer... this is serious, very serious.
I have attached a video BELOW to show you how to do your checks.
Technical analysis's will say that sentiment is all that matters, and if you are only in this to make fiat, Then dont check out the companies, there is no need to as in this BULL market over 70% of traders no not care if a company is real or not, as long as the price is going up.
If you are investing in the long term then you need to know if the company you have 1000s invested in are actually doing what they are saying. WARNING. You will be shocked when you start to do this, as a few coins that i have invested in hadnt did any programming in over a year.
Does this mean panick sell..... NO. You wait for BULL market again and when it gets up to a point where you have made a good profit. SELL THEN.
Goodluck to all in 2018.