Well, let's get to the point. This won't be a trading academy, but a story of an epiphany where I got myself into a mess — but with conclusions that can save your ass (and your deposit).
📉 How I believed in technical analysis... and almost believed in Santa Claus.
When I first came to the market, I was thrilled by all these "resistance levels", "triangle patterns", "golden ratios" and other market geometry. I even bought courses, yeah — thought I would become richer than Buffett.
And here I am sitting at night, surrounded by candles and indicators, like a shaman in the Amazon jungle, drawing little lines and thinking: "It's going to shoot up now!" 😤
And then...
💥 BAM! Someone with more money just decided differently.
🎩 Welcome to crypto reality.
Here's the kicker:
1. There's almost no history.
The market is just a couple of years old. It's not the stock market that has survived wars and dinosaurs.
2. There are manipulations everywhere.
One guy with money can take a coin with a small market cap and do... well, anything with it. Pump it, dump it, bury it, revive it.
🎭 Remember Elon Musk and Dogecoin? Yeah. One tweet — and all "your continuation pattern" flies out the window faster than you can say "Fibonacci."
🤡 And I'm still drawing... like a fool.
You're all well-read, thinking you've caught the market by the tail, but in reality, you're just participating in a performance.
💸 "You just got played, bro."
⠀
Sometimes — you get lucky. The manipulation went the right way — and you’re like: "WOW! It actually works!"
No, it doesn't work. It was just random luck on your side.
⠀
You could just flip a coin and draw the chart based on it. "Heads — up, tails — short." About the same accuracy.
🧠 Questions I now ask myself.
Am I buying this coin — is it my decision or is everyone just shouting "TO THE MOON"? 🌕
Am I losing money — is it really a scam or have I just been led to believe that it's all over?
💡 Conclusions (painful but useful)
✅ Technical analysis is a tool, not a guarantee.
✅ In crypto — everything can go wrong, even if you’re right 100 times.
✅ And most importantly — think for yourself. Don't be a crowd. The crowd loses.
🤷♂️ In the end.
I'm not saying: "forget technical analysis." I'm saying: be smarter. Don't base your strategy solely on little lines.
Study the market, people, psychology, manipulations. And, damn, don't think you're smarter than the market makers.
🥴 And if you still believe that technical analysis is the holy grail...
Well, I used to believe in Santa too. No gifts came.
🧠 Think. Draw. But use your brain.
If you liked it — write. If you didn't like it — well, you're still drawing 😅
See you on the chart, bro. And remember: little lines don't save you from greed. 📉
