I was in a Twitter Space today, listening to a very experienced trader. He confidently told everyone to short Bitcoin and altcoins, predicting that BTC was going to drop into the 90K range and that altcoins would dump hard.
Now, as we approach the end of the day, Bitcoin is pumping already trading above $96K. At this point, it’s likely that his stop-loss was hit, or worse, he got liquidated.
It makes me wonder: how do even seasoned traders still get it wrong on intraday moves?
Let me know your thoughts.
These so called expert like to throw around random speculations, hoping one of them right and will tell everyone about it and forget those speculation that are wrong.
So basically, you really need to discard whatever these so called expert are speaking because most of them either have ulterior motive or just pure bs.
Just believe in your own conviction.