In the financial market, especially in crypto, a new 'hero' appears every day. They speak out to promote a coin, talk about the vision, the ecosystem, or spread rumors that whales are quietly accumulating. But pause for a moment and ask yourself: am I trading for what others say, or because I understand what I am doing?
Trading is not about 'copying the skilled'. It is a transaction – where you play the role of a trader. And as a trader, you must know exactly what you are importing, its quality, and at what price it is worth buying.
Just because whales are buying a lot doesn't mean you should follow suit. Simply put, they have different capital, different goals, and different holding times than you. They may buy and then dump to you a few days later. Chasing after whales without understanding the true value and price structure only makes you liquidity for them.
As for listening to a KOL saying 'this coin will x10', you need to ask back:
– Where is the data?
– How much has the price increased from the time they knew to the time you knew?
– Are they being honest or marketing for a sell-off?
Remember, the market is a big marketplace, and you are the seller – not a worshipper. Don't have blind faith in a place where everyone wants to buy cheap, sell high, and hide the real information.
Therefore, before each trading decision, ask yourself:
– What is noteworthy about this product (coin)?
– Is the current price cheap compared to its potential?
– Will others be willing to buy from me at a higher price?
If you can't answer the three questions above, it's best not to invest.
#DolugCrypto #TradingTales #Bitcoin2025
