snifadog wrote:the bull market is back, charting is useless until further. get 2-3 big bags of the hype alt coins and you can retire. but ohh which ones!!
Classic error. People assume that bitcoin/crypto rallies in a smooth curve. That is not the case. In the last bull market (2015-2017), bitcoin had numerous corrections that were extremely steep like (-30%) in 2 weeks to undo 2 or 3 months of work. How many hodlers do you think will survive that?? Markets would rally for a month or two, and then there would be a bloodbath for two weeks to shake out as many people as possible. Very few people actually made money from that bull market (mostly professional traders and hodlers with balls of steel who were lucky to cash out near the top). They made out like bandits and everyone else got decimated in a bull market. If you have doubts, check and you will see how people were buying the dip in February 2018 without realizing the bear had started.
There are only two ways of winning this game. Learn how to trade or be a lucky hodler who buys low and cashes out near the top without being shaken out.
Since men have learned to shoot without missing, I have learned to fly without perching