Recently, watching the K-line chart of Dogecoin fluctuating frequently, I can't help but want to talk about those so-called 'crypto analysts' or 'coin experts' and their magical operations. It seems that every time they predict, they can foresee the future and analyze with great eloquence. However, reality is always ruthless -- their posts often get slapped in the face by the market the next second.
1. Predictions like a god, being slapped like the wind
The tricks of these experts are quite simple:
1. First, analyze the K-line seriously, using professional terms like 'head and shoulders', 'double top', and 'bull-bear dividing point' effortlessly.
2. Then they seriously tell everyone: 'The market signals are clear, hurry and run!' or 'Now buying the dip, guaranteed to double your money!'
But the market's reactions are always both laughable and sad:
Just shouted 'Run fast!' and the K-line went up by 10%. The comments section filled with retail investors saying: 'Experts made me lose a limit-up!'
Just said 'it's time to buy the dip!' and then it plummeted 20%, some followers faced direct liquidation.
What's more interesting is that they love to use 'historical data' for comparison:
'Look, this trend is exactly the same as a certain date in 2021! Back then, it rose by 200%, so this time it's the same.' But history is always open to interpretation, and the market loves to follow its own path.
2. Slandering Musk, conspiracy theories everywhere
Some people also like to 'ride the topic' on the hype of Dogecoin. The drastic fluctuations of Dogecoin are inseparable from Musk's 'endorsement'. So some people start to slander Musk:
'He's just harvesting retail investors!'
'Dogecoin, this air coin, relies entirely on Musk's hype!' Even more outrageous, some attempt to stir up discord between Trump and Musk: 'Musk is a spokesperson for the left, Trump hates him!' 'There’s a political conspiracy behind the rise of Dogecoin!' These conspiracy theories seem reasonable at first glance, but upon closer inspection, the logic is all nonsense. It’s a fact that Musk retweeted Dogecoin content, but the market's sentiment is not something any individual can control. Ultimately, trading coins should focus on the market dynamics itself, rather than attracting attention through conspiracy theories. 3. Where do retail investors go from here? For ordinary people, these 'experts' predictions are often just a joke. They predict the market, and the market predicts them in return. What's even more interesting is that many 'experts' quickly change their tune: 'I’ve always said, Dogecoin has strong uncertainty!' This kind of operation is simply putting one's face in front of the market and inviting a slap. So, if you truly want to invest in Dogecoin, remember the following points: 1. Don't blindly trust expert analysis, market volatility is always uncontrollable. 2. Understand your own capital management ability, act within your means, and don't chase highs and sell lows. 3. If you really believe in Musk's love for Dogecoin, then at least look at the long term, and don't be scared away by short-term fluctuations. Summary: Listen to expert opinions, but take them lightly. The crypto world is inherently full of uncertainty, especially for 'community-driven' projects like Dogecoin, their prices are more affected by
