There’s basically no such thing as an “absolutely safe” bet in the crypto world! If you want not to get slaughtered, you need to fully understand this survival logic!
Here’s a reminder for everyone in crypto: anything outrageous can happen in this market—except 100% absolute certainty.
Instead of copying other people’s homework everywhere, it’s better to grind out a judgment framework that fits you and also matches the market: understand what actually counts as a real true low-volume breakout/true high-volume breakout; what signals are hidden behind different volume patterns paired with up or down moves; tell apart real sideways consolidation from fake sideways consolidation; after you’ve mastered consolidation, figure out the direction of the breakout; be able to distinguish a sell-off crash from a normal pullback; understand the support logic behind a double bottom; and even more, know how to differentiate the distribution by whales/major players from the normal pullback during a rising trend—otherwise you’ll always be led around like grass to be harvested.
$YB If you really chew through this foundational system, don’t just worry about not being harvested by whales/major players—going the other way and “taking meat” from the market will be ten times easier than for others. Those who spend every day shouting, “Crypto is all just gambling,” are fundamentally just too lazy to even learn the basic rules. If they lose, they blame the market for being unfair. Even if a bull market smashes into their face, they’ll still cut their positions at the lowest point.
#YBToken