Imagine the altcoin market was actually a game of chess. Of course then, you will have those who are experts at the game of chess who have been trained by the most renowned chess masters in the world, and therefore are themselves masters of strategy and can defeat any opponent even with their eyes closed...
... however, there seems to be waves of people who have never played a game of chess in their lives, showing up, putting large amounts of money down, and then betting that they can defeat those who have mastered the game...
Clearly each and every one of these guys lose... again and again... and they never seek to expand their skills. They just keep turning up to the chess table and doing the same thing that they did the day before, and thus they continue to lose. The chess masters wipe the floor with these guys.
This is what happens in the altcoin markets, day after day.... after day.
... however, there seems to be waves of people who have never played a game of chess in their lives, showing up, putting large amounts of money down, and then betting that they can defeat those who have mastered the game...
Clearly each and every one of these guys lose... again and again... and they never seek to expand their skills. They just keep turning up to the chess table and doing the same thing that they did the day before, and thus they continue to lose. The chess masters wipe the floor with these guys.
This is what happens in the altcoin markets, day after day.... after day.
a wise person once told me if you want something different to happen, you have to do something that you've never done beforebecause for many people, they keep doing the same things and losing money but they never change what they are doing
how does that saying go? insanity is doing the same thing over again but expecting different results
The market is fashioned in such a way, that if you can put yourself on the opposite side of a novice trader, you will make money by default.
i have just fully realized this week how true that is.the simplicity and accuracy really does differ from the shit piles of things people incorrectly do while trying to trade
all you need to do is be on the opposite side of incompetent traders and things really start to happen