Hmm, I would have loved to comment on this topic on a serious note, but according to how serious the market is these days, Honestly Dont trade buddy haha otherwise your account is going to be rekt in a few minutes.
Just looking at the charts I feel like, this is the worst time to enter the market even though it's highly bullish.
"TRADE"? NO. INVEST/HODL? YES.
We plebs should avoid short time horizons and have a low time preference because,
- We have low amount of starting capital
- We have lower skill levels compared to most of the other market participants
- Denominating our capital into Bitcoin and HODLing would have a greater chance to outperform most "traders"
Plus we should be honest with ourselves. Most of us WILL NOT build a good amount of capital by "trading" shitcoins. We should plan for three cycles, or more.