The market moves according to information about the future, not events happening now if they were previously known.
Whales are 10 steps ahead of you, they have probably already prepared for the ETH merge and soon for the BTC halving too, if not yet.
Reacting after the fact is not speculation. Reacting to the news after everybody knows something is the best way to “buy high, sell low”. When everybody knows something, the price has already moved.
Speculation may be described as “buy with the rumor, sell with the news”. That’s why the market moves in opposite directions to news in some cases, and people reach the wrong conclusion “nobody knows shit about fuck”.
If all you do is look at the rear mirror, you may have an approximate idea about where you are going, but most movements caused by traffic will be impossible to understand, especially if you try to explain them with what you see.
That’s why fundamentals are important. The fundamentals of today are the news of the future. When that future may come is uncertain, but if the foundations of a project are not solid, its failure is unavoidable and certain.
Take home message:
1. Some people know shit about fuck.
2. To be among those people, be aware of the fundamentals, and the information about the future.
PD: Bonus: markets also work according to some scientific laws (e.g. Metcalfe’s law). Science is useful when it allows predicting the future, experiments not done yet. Merely explaining what happened is not science. The application of the scientific method to the markets is somehow an unpopular opinion, see the comments.
i will continue to know shit. You post was not clear enough.
This guys shits and fucks.
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Bitcoin splitting – as soon as I read this I realised you are stupid
Tldr: dyor
*looks at OP’s flair*
Can’t tell if serious or… 🤔
Whales don’t know any more than anybody else(some do). They just have more money to throw around so it seems that way.
What if learning about fundamentals is too hard for me and I just Buy and Hodl, is this the way?
To be able to understand these future fundamentals, you actually need to take the time to properly understand the ethos, politics, and technology of crypto.
What is a cryptographic hash, how does asymmetric key signing work, data diffusion over distributed networks etc. You dont need the full math, but understanding the building blocks is critical to spotting poor fundamentals.
Fiat profits are not why crypto exists, if you live in that mindset you will lose. Whales arent substantially selling back to fiat, they got in before you, and they will be here after you sold back to the legacy system.
Is this a joke? Your TL;DR was literally to be able to predict the future
I will never know shit.
PD: we don’t share the same understanding of the word “science”.
How can I learn shit about fuck?
Only through experience
I know fuck about shit, what do I do?
Start if by knowing fuck about shit
Teach me the ways
I’m pretty sure nobody knows shit about fucks
Man, I know what are you talking about. Although I base my decisions on average catalysts like news, market events and Elon Mask’s tweets. I’ve found a nice [article](https://topforex.trade/academy/etoro-crypto-trading-usa) that explains how it works.
very important lesson
One thing we all know: crypto market is growing. Just HODL..
I still believe that no one can predict the market.
Even bitcoin whale #3 sold 1500 bitcoin just before the 41-44k pump.
Truly an eye opening bong rip of a post
To add on….. all the stinking youtube “influencers” also don’t know $hit. Have you guys notice that quite a few of them are not hawking their patrons accounts now ? Well if BTC breaks 50K I guess they will be back to pushing it but hopefully this time, investors don’t give in to them.
1. There are no rules and regulations in crypto.
2. Some whales or whale groups have enough capital to be used in an inefficient, hype driven, fraudulent market to make the shit move in the direction of their fuck.
That’s all you need to know about crypto. Fundamentals lol. It’s all about capital and influence/reach. The Elon Musk’s dictate the course (by wealth or network effect or both) and we are just lucky to sometimes happen to be on the same boat with them.
Don’t boost your ego too much because one of your fUnDaMeNtAl aNaLySiS worked out.
Just shows the importance of just finding the projects you trust in and just invest in them and wait for them to come to fruitition.
I think a lot of people in this sub (myself included) does not know shit about crypto lol
DCA, stake and hodl and you won’t need to know shit about fuck
moon sucking apes fucks