Fundamentals are crucial,extremely crucial,thats why you can chart some projects down to oblivion(never to comeback) and others to the stratosphere.

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.

Wow! ANT,where did this come from..
Don't settle for soup and sandwich,you are still in bear mode.In situations like these,don't exit,just set a TRAILING STOP where applicable,otherwise raise your STOP LOSS accordingly.

#OXT

$0.65

See you in 24h

Spot $0.57
-12%

Altcoins can bleed money.
This trading business is not for us.
Sticking to BTC

Sticking to BTC won't save you if you don't know how to trade, unless you hold for over a year.

Trading is a negative-sum game. The only people who make money consistently are exchanges, liquidity providers, and the real professional traders (most of us think we are but we aren't). Anyone else who makes money from trading often returns and gives it all back after getting lucky.

The masses get attracted by the 200% in a month gains and their gambling instincts kick in. Each time they try to reach for those gains, their money is taken away.

Our boy rwitre bought after a 200% pump in 5 days. He basically bought the bags of those that benefited from the rally. Trading is one of the hardest endeavors in the world but most people don't realize how much it takes to be profitable. In essence, most of us are gamblers who think sportpesa punters are children of a lesser god.

Retail buying or still holding ALT bags will start feeling the heat if they haven't already. Smart $$$ have been selling their bags heavily in the last 3 days to retail. This is a game that the average retail trader can't win because all odds are against him/her.

- If he is lucky to buy low, he has no clue when to sell so he makes paper profits and then gives them all back by holding.
- If he is unlucky he buys high (like now) and sees his/her PNL decline 40% before tapping out and selling at the worst possible time.
- If he is lucky when both getting in and exiting, he returns thinking that he is a pro. The second time he is unlucky and gives it all back and more.

What if my calls come true?? I gain nothing.

Or I buy alts at a discount from panicking sellers - rinse and repeat the process.