If you see someone with a snout like this, come in and curse them to death 😬
I surfed the news board and saw a lot of people posting articles saying that, but the miracle is that many people interacted with them. Simply because they "guessed" correctly that a certain coin would increase or decrease. I said it was a guess because when I checked the page, it was just a few simple lines like:
- Coin A is about to drop, everyone run now.
- Coin B has a pretty nice candle, it's about to increase, guys go long now
- I hate coin C so it will definitely decrease soon...
Just a few simple lines like that, no evidence, no argument, no analysis. If it is unfortunately correct, it will be "exactly as I have predicted". Then I will continue to judge whether a certain coin will increase or decrease. Yet everyone still rushes to ask about the coin I am holding as if some sage has just appeared 🥲
I know that when you are holding a coin, you will really want to hear what other people say about your coin. But unintentionally, it will make it difficult for you to make a profit in this market. People who give you advice, sometimes they are still confused. They also read in groups to see what people say and then repeat, or guess without any evidence or argument. But after listening, you are affected by psychology.
In essence, because you don't know the coin you're holding, you don't know why you're buying it, you just buy it simply because you hear people say this coin is very good, it will increase in price soon, so you buy it too. That's why every time you hear someone else's review of a coin, you really like to listen, and buy and sell according to the advice that you think they are "experts".
That's why you guys see that I never advise you to buy this coin or that coin. I always tell you to find out for yourself before buying. Because when you find out, you know why you're buying, when you're buying, and how much you're buying. It's hard for you to be swayed because you understand that coin so well. Sometimes you'll see that the people talking about your coin are all "blind men touching an elephant". They don't know anything but talk like experts. At those times, you'll be more confident to hold that coin.
- Enough rambling, now let me show you Mr. BIT's chart.