GREY:NEVDQ - Post by User
Comment by
metalhead666on May 23, 2021 12:52pm
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Post# 33255416
RE:BTC blew through 35K support last night -
RE:BTC blew through 35K support last night -There's no such thing as "support"...obviously. In fact there is no such thing as ANY viable t/a voodoo whatsoever. In the end it remains about value creation...Ross Beaty style....taking a patch of dirt and creating genuine value from it. All stocks are slaves to market forces in the short term but Ross Beaty never sold a share of any mine he was developing until it had reached peak value. He never traded a share when he was creating First Majestic Silver, never looked at a chart or some arbitrary squiggly line...he owned shares, built the company, recongnized the value he and it created and he's a very rich man today. I'm more sensitive to the bigger forces and don't mind taking profits, hedging, trying to time things but I never ever reference voodoo t/a that has no empirical evidence to support it whatsoever.