I have been asked about "trading crypto" a lot lately and I have been giving the same answer over and over so, I'll just write my response here so I don't have to keep repeating myself...
Honestly we don't know where the "value" in crypto is coming from or how to actually "value" the market. TBH this all guess work because if we are being real here, we can not actually use traditional trend analysis as we know it in crypto. Especially since most of the projects aren't even functioning yet...there is not a real market value yet, there is nothing to compare this market to so "fundamental and technical analysis" is dead. It hardly works in traditional markes much less. People need to actually do the research and invest in projects they believe in and quit fooling yourself in thinking you can actually call this market. This space is great, a lot of big ideas and really smart people and no doubt, the market will be worth trillions (at some point in the future) but as for now...don't lie to yourself. Invest in what you believe in and don't risk more that you can. Peace!
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