I do strongly oppose animal experimentation.
You think they like throwing darts?
What makes you think the monkeys hate the experiment if they earn sweet bananas?You think they like throwing darts?
The process of creating a stock and a cryptocurrency are quite different, so even if this thesis works in stocks, it may not in cryptocurrency. Stocks are created from existing businesses which wants to raise funds by inviting shareholders (private or public), there are legal processes and they need to have a working product. Cryptocurrencies can be created by literally anyone with coding skills, without any product behind it or legal barrier to ensure it's not a scam. If you were to randomly pick out a cryptocurrency from a tracking website, you would more times than not select one with no utility; losing out in the long run.
Great argument!It's true that stocks market != crypto market because of this thing. In crypto, the ticker can range from blatant, obvious scams or useless tokens to legit cryptocurrencies. By a simple logic (without empirical studies), doing random darts in crypto will rekt the investor.
But how about if we do random in top-100 crypto, assumed the top-100 is more legit than the rest?
I'm hoping that you don't belittle the importance of analysis in the market because that will be your basis on what action you are going to do with your investments. Just always observe the charts and make your own conclusion about what is going to happen next so that you can make it profitable for you.
It's not me who belittle the analysis, but the monkeys 