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RE: Monkeys Playing With The Emperor's New Charts

One thing I found amusing when I got into crypto, which was in early December, so not too long ago, was that so many people had all these awesome theories and were making videos claiming to know everything when the market was rising. Then went the market went down in January there was a few days where I wasn't hearing anything from anyone about predictions. Then it was "oh don't worry, it's just the Lunar New Year, when it is over, the Asian money will be back in the market early February." Well that time came and nothing. Then they said it would be the of February when it will be going back up. So in short, what I have learned is that the people making the videos, especially on YouTube, have no clue what they are talking about when it comes to predicting what will happen with the market. The ones that do know, if anyone other than the big money that runs the market, don't waste their time putting videos out for a few hundred viewers. So for me, in my short time of trading in the crypto space, I have learned to research the projects that I am investing my money in, because that is how I see it, an investment, not a get rich quick scheme like many of the lambo chasers out there. I am just fine driving my 2017 Hyundai Sonata Hybrid, thank you very much. It gets much better gas mileage than a V-12 engine anyways. I have also learned to but the dips and not the highs and that these are long term investments for me. And on that note, I think I will go and partake in the tea that is overflowing from the market.

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The ones that do know, if anyone other than the big money that runs the market, don't waste their time putting videos out for a few hundred viewers.

I think you have hit the nail squarely on the head with this one, in other words; *those that can, do, and those that can't, make videos pretending or deluding themselves that they can.

I have also learned to but the dips and not the highs

If you manage to do that succesfully, you will be a crypto Jedi in no time at all; problem is, knowing when a dip is a dip, this week's low price could be next week's high!

Good comments, thanks :-)

Cg