Are you fish or whales? Most people are not investors. Let me explain.
Have you ever stopped to think about why the whale is the metaphor for the great investor?
Because the whale is a big fish that opens its mouth and swallows all the smaller fish, pulling them in without distinction. To eat and grow it continues to swallow small fish.
So how does the trading market work?
The charts go up and down, you little fish try to swim among the candles that go up and down thinking you are capable of analyzing trends according to technical analysis, you convince yourself that you are better than others at doing this analysis and you convince yourself that you will be able to swim better than others like little fish.
The problem is that everyone does the same technical analysis, studied in the same books, applied with the same techniques and knowledge. In practice, you will all end up doing the same thing, convinced that you swim better than others.
The truth is that only strong hands, namely whales, have the ability to move and change trends in the short term. In addition to being heavy, they also move in packs, often feel each other and decide to do the same manipulations at the same time.
When they do so, they exploit news and market moments that everyone already knows will happen. They move in the wake and manipulate when they decide.
So to eat, they open their mouths and swallow all the little fish that thought they were doing technical analysis better than the others.
If you really want to trade, learn to read the movements of whales, and they only happen in proximity to news and statements already expected by the market. They all happen at the same time and on the same cryptocurrencies.
If you don't know how to move, buy and hold. In the end, the market goes long. Always and forever. It's the world economy.