If one understand how the market works, they will be making a lot of money.
Unfortunately, most people gambled too much money. They took 100x leverage thinking that they can beat market and the whales.
Do some research and see how many altcoins that were up 5-10x for the past few months.
Its the same cycle. Nothing goes down forever, nothing goes up forever.
Crypto market and also penny stocks are the only market where the asset can easily gain 10-100x in a normal pump and dump by whales.
Blue chip stocks will not be able to give that kind of gain.
Knowing that, even a small amount of risk can yield high reward.
If something can go up 10x, the risk reward to ratio is 10 to 1.
But most people don't understand math and risk management.
Crypto market is fractal and rotational.
Once whales are done pumping and distributing one coin, they will go to the next, the next and the next, will rotating and rinse and repeat.
Buy low, sell high.
Buy at turning point and sell when big gains are already being made.
Follow the whales, not the herds.
Unfortunately, most people gambled too much money. They took 100x leverage thinking that they can beat market and the whales.
Do some research and see how many altcoins that were up 5-10x for the past few months.
Its the same cycle. Nothing goes down forever, nothing goes up forever.
Crypto market and also penny stocks are the only market where the asset can easily gain 10-100x in a normal pump and dump by whales.
Blue chip stocks will not be able to give that kind of gain.
Knowing that, even a small amount of risk can yield high reward.
If something can go up 10x, the risk reward to ratio is 10 to 1.
But most people don't understand math and risk management.
Crypto market is fractal and rotational.
Once whales are done pumping and distributing one coin, they will go to the next, the next and the next, will rotating and rinse and repeat.
Buy low, sell high.
Buy at turning point and sell when big gains are already being made.
Follow the whales, not the herds.