I've been trading futures for about 4.5 years. When you simply invest your funds on the spot, then you understand that there is a right to make mistakes. You can unsuccessfully purchase an asset and average your position lower. You can buy at the bottom without realizing it and catch a reversal, and then fix it near the resistance and enjoy the profit.
When you are a trader, the game becomes completely different. A mistake in futures is always costly, taking risks without understanding the risk costs even more - nerves, bad mood, and a reduction in your trading deposit. Investing and trading are two completely different things. It is very difficult to be both an investor and a trader. One overlaps with the other. I like short-term trading much more. Everyone makes decisions for themselves.
Throughout my trading, I have seen all possible phases of the market. I was once looking for an answer to the question: “Does anyone know which way Bitcoin will go?”
I have met different people, from successful traders with multi-million dollar deposits, to ordinary guys who are just learning the art of analysis and trading. And whenever possible I asked them this question in order to be certain. None of them agreed that there is exactly a clan of people who controls the price of Bitcoin. Traders say everything is volatile as quickly as possible. Today a large seller came in and pushed the market down, and tomorrow he was taken out for liquidation. Hedge fund managers can make a forecast based on real data, Market Makers are the closest to understanding whether Bitcoin has a plan, they know the formulas, mathematical models, and most importantly they know where there is liquidity that needs to be processed, moving the asset in the “right” direction...
And only bloggers know exactly where Bitcoin will go. They know that there are “shadow” players, “big wallets”, who have connections with each other, gain in the right places and reset positions on retail when the cue ball is high. It turns out that Sailor, like a fool, typed cue ball on highs, but you just had to watch YouTube, they will immediately tell you exactly where the highs are and where the lows are. I don’t know how you can come to an agreement with your conscience in order to tell your audience different conspiracy theories, showing your exclusivity: “You, of course, cannot know where Bitcoin will go, but I know the plans of shadow players and now I will tell you.
Of course, there are people with different access to information. For example, Buffett can buy a company that, naturally, by great chance, in two months will be bought by Microsoft, his best friend Bill Gates, who did not give his old friend inside information first :) This is pure coincidence)
You can even accidentally find yourself on a yacht in Dubai and hear that you need to buy some Altcoin, which in reality will give X in a couple of months, because Alta can be managed by a team that always knows the approximate price of the first candle listed on Binance.
But knowing where Cue-Z will go is closed knowledge only for Alpha people :) It’s good that we have such people on YouTube, and they will tell us for sure :) I wonder when CZ will split)