Is #analysis still relevant in crypto? 😰
Hi guys! I'm pretty new in the crypto world and jumped in a bit before everything started to collapse (wonderful timing, isn't it).
I tried to read and learn with #binance ressources, your posts on square and by doing, but the collapse of most coins I was dealing with ($BTC $CHZ $METIS ...) showed me that graphs and charts are eventually less relevant than ''reading the mood'' of the market and guessing sudden unpredictable moves (nah, if you can guess the unpredictable you're lucky!!) 💸
Would you say that doing analysis is still useful , or is it now only about feeling and betting? 🫠
Are candles still worth reading these days? Feels like even when it pushes in the right direction it may fall for no reason now.
Will be happy to read your thoughts!
Wishing everyone good trading in this dark times! 💪🏻
I lost a lot but that's the price of learning 🥲✨🎶
(and it's also my very first post here, youhou! 🎉 )