Who's your favourite Crypto trader? Personally mine is some geezer called Toray ( no I don't know him so this is not an advertisement for him, but he can pay me if he likes haha ) I have been following him for some time on Instagram and almost every crypto trade he gives out is spot on... I can see why he has nicknamed himself the wizard haha.
It seems like he thinks outside the box in trading and in normal life to be fair which is good as there are too many sheep and fake as traders on Instagram who live in there mums basement whacking 1 off to EastEnders whilst drowning there sorrows with a cheap bottle of cider ( no I'm not talking from experience.... honest ) :p
Anyway comment your favourite CRYPTO traders name in the comments... I bet TORAY comes up more than once.
My 2 cents why it is difficult to find credible information from almost any publisher, especially in crypto
Crypto is a sea of noise, the blind leading the blind, the young unskilled and foolish leading the slightly younger and more foolish, PR rhetoric is regurgitated many times over with a load of bunk TA to boot. Many "professionals" will like to drag you off some place for an expensive VIP membership, but with a little study you'll realise that what they show you is worthless, doesn't work in crypto and could have been learned easily by purchasing very affordable study books. Scams upon scams upon scams all enticing you to imagine that if you buy this special indicator, or learn words like blockchain, bank, swift, etc - read social media outlets, wactch nonsense Youtube clips then you can have a clue about price action without learning a craft in a very complicated and deceptive market which is interdependent with other complex markets, macro economics etc. Then you realise that the main "utility" these coins have is ushering in foolish retail traders to the dining table to carry the bags while the real game players exit in unison at the most profitable moment. See Charlie Lee's comments for details.
Short term, all the moonship publishers and their avid followers will cheer ever bounce, every sideways movement will be considered to be Accumulation before reality kicks in and inertia inevitably allows the bouncing ball to drop off the table again. Bear markets are very dangerous. Most will not consider just how far a trend can go, how far away the floor will be. This is especially true in crypto. There is only one low number and that is 0, any other and you can just add another 0.
All of this doesn't mean that cryptocurrency isn't going to be successful in the future, but likely not before a Noah-esque clean up.
Toray is not on my list. These are all pretenders. Beware of anyone that owns crypto through the bear market - or even has "crypto" in their name. This market was once a profitable place to trade, but for now it's about as useful as a balloon with a hole.
Just an opinion however and DYOR.
Best of luck to all.
@UNWOUND @NoobOfTheMonth @tommix