Quote from: hyudien on Today at 10:38:16 AM

Quote from: Ethan_Crypto on May 20, 2025, 07:48:47 PM

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.

They are also human beings who can make mistakes and of course they will not just guess market movements, I think this is normal in the crypto market and we all know that this is a speculative game, I think experts who share their analysis on social media are still needed because after all they share knowledge that can increase our insight but we still should not rely on other people analysis, we also have to do research in order to make good decisions.

We just shouldn't rely on what they say outright - we need to digest the info they give and lay it on top of our own expertise - that way, everything would be alright.