Reading Crypto Life Chart Patterns.

 How do we understand this new crypto-market?

What does each chart patterns mean?

Every chart tells a story about the coin.  This guy worked his way up from nothing. Honest hard working lifechart.

http://d74g0n.github.io/data/  (my chart data bookmarks)

Looking at the BTC full life chart; it is obvious.  Nevermind the end of it right now.  We are establishing a base pattern of a 'legitimate' coin.  "The most legitimate coin".  Just to quickly pivot to a 'opposite life chart' lets look at Bitcoin Gold.  One of the more recently overhyped coins:

Hype was not real here.  No pump surpasses the last  in value.  Like dropped ball bouncing its energy away.

So we see the birth/fork of this BTG coin instantly plumet.  Most likely due to devs dumping at highest price possible; shenanigans like pausing wallets and markets due to 'maintenance' try to stave off these patterns to create an illusion of stable investment.  

If we zoom in enough we can LIE about how ' it looks good': 

Wow MA sell the house cause i'm an idiot who thinks BTG is on the rise!

Here we see the same 'bad chart' zoomed in to the past few days.  To be fair there is money to be made if you do not sleep, but with trade fees it really is  marginal knowing it will never surpass the last big pump in value.

Everybody talks about XVG being good; lets look:

XVG on steady decline since born.  That one pump was McAfee media pump... ever decline since.  NOT GOOD COIN.

It is apparent that the coin has no intrinsic value.  All the value is in pump bursts, usually generated by PR blasts and other media hype.  McAfee has put a spike like that on many shit coins that could confuse a new investor who hasn't zoomed out on the charts.  XVG is all down.

Writing this I realize that I know why some patterns exist as I was watching the charts when they happened.  Which makes it hard to explain with any detail about coins that have been resurrected like DIME and NETcoin.  How the original dev team ran off with cash; but other legitimate devs brought it back to life for humanities sake.  All the investors who believe in the concepts.

I will contemplate how to refine this post to be more articulate.  I hope this made sense in some way.

I actually do not invest money in crypto.  But I do acquire crypto in various ways; like faucets that trickle down ad revenue every couple minutes; or using some coins systems: like BRO from Bitradio.  You can listen to radio streams and get paid.  Staking is keeping a wallet open and gaining interest for it... with an old pc you can just idle that and collect interest.  And mining can get you a plebs share, I didn't see it show up on electric bill.

From all the free ways I have got crypto (I merely traded video game leaderboards climbing for bitcoin balance climbing) I was able to liquidate all these random coins on Cryptopia with only an email address and mobile device.

This was written now; and like all things; are subject to change over time.  I will update my posts if I become aware of changes that are relevant.