Yesterday I was giving some crypto advice to a stranger because he helped me in Krakow. This is the same advice I would give anybody that has lost money in crypto or is thinking of “buying the bottom”.
The bottom doesn’t exists, it’s irrational, and doesn’t want to be predicted. TA can’t help you find the bottom...
But market cycles and fundamentals on the other hand are rational and predictable.
You don’t need to outsmart professional traders, you just gotta be better than 90% of the “recreational” investors. And it’s easier than it sounds, don’t look at charts, look at big chat rooms of “crypto people”. There is no better way to see the sentiment of the market than to be in the middle of it making friends.
At the end of the day, even if you don’t profit, you might find your next business partner or a good friend!
Come for the money, stay for the community :)
