One of the most common mistakes people make, and I was one of them, is that as soon as they hear about a new cryptocurrency, they rush to open the chart.
If the price is rising → “Great opportunity”
If it's falling → “Clearly bad”
🔹But the truth?
The chart is the last thing you should look at, not the first.
🔹Why?
Because the price doesn't always reflect what's happening behind the project.
There are cryptocurrencies that are falling but the project is still working,
And there are cryptocurrencies that are soaring but are all just momentary trends with nothing real.
The chart can deceive you… but the information won’t betray you.
🔹I started telling myself:
Before you look at the price, look at the picture:
Who? What are they doing? Where are they going?
If these three are clear, the price will follow them.
And if they aren’t clear, even if the price looks tempting… stay away.