As I was explaining in other articles there are different methods how to analyse data and how to perform actions relating to trading.
When we look at crypto market at this moment. There are some "big" coins like #BTC #ETH #LTC and there is plenty of small coins or Alt coins as we call them.
If we look in the old ways of trading where you trade FOREX or stocks, this markets are very big. Markets at this scale are usually only influenced by big news where many people actually trades money.
If we look at crypto market the story is completely different. There is countless coins with very low market cap. This is the reason this coins are easy to manipulate by rich individuals called "whales or mass of poor people called fish/normies.
Because everything is happening online even groups and communities work online where member talk about market and try to sell they're idea to others.
All this mass of information's we are surrounded with can be confusing and can lead us to panic. And this is the point of all this madness.
As an example I will give you some random Discord server. There are people inside and some of them have tag called "whales" on them. So when this group or community is ready to "pump" some coin. They are all waiting for admins and whales to let everyone go in. Everybody are waiting for a moment... and it comes: "i go in".
In the next moment most of population follows and we have perfect scam.
Be the one who thinks twice. Everybody can have whale tag. Its just a writing. Walls falling are in most cases "normies" eating it rather than even having "whale" in group.
When you observer situations like this around crypto markets, always try to extract information's others don't posses. And this is calm mind. No rational actions.
See you in the future.