The Urban Elitist - Markets for Mere Peasants - Crypto, Bitcoin, Forex, Commodities Analysis

Markets are influenced by the speculative behavior of the people that are active in them. For a long time fundamental and technical traders debated what really provided the edge in this battlefield. Recently though there has been a shift in the perception of it's reality, the fields that cover this: behavioral finance & economics. Deciding whether to risk ones money based on information with only the promise of a possible return easily triggers an emotional response and even though our outside brain cortex has given us the power to high cognitive function, science actively seeks out contrary opinions to prevent our observations becoming biased. Analyzing a market works in a similar way, you make an observation which can be anything from a sideways market setting up, to a trend in progress. This observation gives you a signal of opportunity and the decision making process begins.

Altcoins are in right now, success stories all around, millionaires in their twenties making better returns than the best institutions. How is all this possible without anyone losing? Answer: it's not. Altcoins are mostly what's called Pump & Dumps, which means highly manipulated and fundamentally very inefficiently priced. Now with Ethereum's ($ETH) business success and the creation of the Blockchain Application Layer things are only getting better. Numerous ICO's raising millions of funds for projects with no equity or ownership, just mere speculation. For young traders that just started getting a taste of the markets it's the perfect gateway drug, but on the sell side there's a trader that's been around and is ten steps ahead of you. It's the first experience for young traders of the real world. Lies, emotions and wolves everywhere. To make money in any market, there's two exchanges that take place, your entry and your exit, the differenc