Having the pleasure of occasionally reading 'analysis' online (from drawings on charts and indicators by certain individuals who have already become a local meme to 'deep understandings of the market' tracking on-chain, whale wallets, the influence of lunar cycles on rice sprouts in fields, which in turn affect the entire agricultural sector, which in turn affects...) - both from local residents and from authors and commentators of channels and other amateur media, I increasingly come to the conclusion: the more strongly the author is convinced of his own correctness and the more categorical his forecasts sound, the more I recommend reading all of this solely for informational purposes, as an opinion that may be INCORRECT.
It seems that this should be obvious, but experience shows that the more data and complex words (historical data, statistics, markers on the chart) the content author provides, the more convincing his forecasts sound - especially for those who jumped in here yesterday hoping to make their 10x in 2 weeks. And if the author manages not to make a mistake a few times, he is perceived as a seer. People seriously write comments like 'so what - will it rise? Will it fall? Should I sell?'. Of course, this is a very convenient scenario for the brain — someone is always making decisions for you. But if you think for even a second about the probability that some wordsmith, who knows how to draw lines on a chart, is predicting price movements and just sits there doing this for days so that everyone around is happy... I think there's no point in continuing 🙂
There is no attempt on my part to 'oppose' myself to the crowd (another action that 'experienced' comrades are guilty of, opposing themselves to 'hamsters' and who also publish their writings for some reason).
There is a desire to warn and, if possible, protect someone - even if it's just one person, from the mistake that, unfortunately, many will make when the market starts to rise and when everyone suddenly begins to predict tomorrow's events excellently and almost never makes mistakes.
People will widely publish their green pln’s, but at some point these posts will be 'diluted' with new stories about loans, lost money — in larger volumes than a person could afford, about purchases at highs with questions like 'what to do?' — in general, once again, everything that happens when people start believing in miracles will happen. Please keep this in mind and try not to add problems for yourself. Try to think critically, do not invest all your money in cryptocurrency, and do not take the forecasts of those who know for sure as truth. Traders in large funds make mistakes every day. I think this fact alone should be enough to understand that an author on Binance may make mistakes.
Ps.: the same experience of studying content shows that a person who truly has experience in the market and shares his thoughts is primarily distinguished by the fact that he emphasizes that the forecast he has voiced, even if it is based on all possible data and analysis, is merely one probability among many probabilities.
