The BITCOIN fanatics are going to hate that great article I am writting.
But, especially if you don't have at leats 3 years of experience and experience of bear markets, in this hype space full of scammers, you need to know and hear some things/facts.
Most of the Bitcoin youtubers talking about chart analysis are liers and scammers who are traders and who try to influence the price of the crypto market by their bull or bear tendency because they have gambled their own money. Such people generate a very high level of greed, and they don't teach you patience before investment.
Such kind of persons are often whales that want to exit liquidity, and they need that newbies and emotional people open buy position of buy on the market directly without any order.
How many times I saw a guy saying today that the market is bullish. Then, he probably opened a buy position.
And one day later, he said that the market is bearish, to probably close his position.
Most of these guys on telegram, and "experimented" traders, are without any principle.
You should really take time, to find the reliable informations about this crypto market which is highy volatile in addition to that.
So emotionally, it's not easy.
I don't have the truth. You neither.
If the market is manipulated by a crazy guy like Saylor, the BTC can go to 100K in 2 hours.
But don't follow such guys, really
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I am not financial adviser. Please do your own research.
You can ask me your questions at my email, if you need: [email protected]
Thank you for your reading