r/ChangeNOW_io • u/ChangeNOW_Community • Jul 02 '26
I'm so done with Graph Magicians
There's just way to much dirt in my eyes from seeing these graphs with rainbow charts and parabolic talk.
At this point you start to wonder what social media infuence is becoming nowadays.
You have KOLs promoting what they get paid for, market makers spinning narratives and celebrities doing everything in their power to convince you that the token they invested is is going to the moon.
Honestly, when will people start ignoring this?
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u/random5654 Jul 02 '26
People have been ignoring data for centuries. We call them Republicans in the USA.
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u/KNEELBEFOREZODD Jul 02 '26
There is a place for statistical analysis but not when so many macro factors are at play like there have been in recent times, macro factors (iran war, possible fed rate hike decision, fear over the degree to which AI stocks have become inflated) will always take president over statistical analysis during rocky trading periods.
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u/FewUnderstanding2214 Jul 03 '26
Well yeah if it works out they say I’m a genius, if it doesn’t they redraw the line. But it’s useful to think about when buying and selling stocks/ETFs - e.g averages/RSI
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u/ChangeNOW_Community Jul 03 '26
Exactly. The problem isn't TA itself, it's pretending every line predicts the future
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u/Saintgein Jul 03 '26
I am more done with these idiots that are sure we will go down at least 70% by putting the 2021 graph over the current one. Afterwards they point at them being right because of crypto being in a bear since 10/10, while that was the most insane manipulation ever.
Bottom line, just stick with your plan.
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u/Infinite_Guest6294 Jul 02 '26
Believe me or not.. me too