Bitcoin / Bitcoins / Crypto Currency

It's a thing, as in, a nice way to lose money

Edit: bit flippant. Obviously if you know what you're doing you can make money. But most likely some big bastard with millions sloshing around is going to take your money off you.

I tried to have a play for a bit, buying low and selling high or whatever as and when I felt it might be good

It was fun, but one day I checked to see my performance vs if I'd just left my gbp as btc and quickly pivoted to #hodl

Google "Quants" and "Technical Analysts".

"The Society of Technical Analysts (STA) is recognised worldwide as one of the largest and most widely respected not-for-profit organisations which trains and accredits members of the investment community, from industry professionals to private individuals, interested in the study of technical analysis. We have been setting the standards in technical analysis for 50 years and have been teaching our professional technical analysis courses for over 25 years, including teaching students at King’s College London and Queen Mary University London.

Acknowledged as an increasingly important part of most investment house activity technical analysis helps forecast the direction of financial market prices. Its methodology can be applied in any market and its techniques applied to cryptocurrencies such as Bitcoin, currencies, commodities, bonds, interest rates and equities. Over the past 50 years we have dedicated ourselves to the promotion and understanding of technical analysis and its role as a vital investment tool."