"But here's the thing about chaos: it cuts both ways. The same geopolitical uncertainty that's driving institutional money into gold is also reminding crypto natives why Bitcoin was invented in the first place. When governments can capture sitting heads of state in midnight raids and declare they'll "run" entire countries, suddenly the idea of an asset that governments can’t easily seize or control starts looking pretty attractive again."
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I can't believe people buy into this stuff. Death cross. Golden cross. Fibonacci levels. It's all nonsense. I do think momentum is a thing because human nature is a thing but technical analysis is so stupid.
I agree, most of it is hoo-ha. The only real money made is when you sell a position and make a real profit. I sold MRNA today and made $16/share over my entry point. That's real cash in my pocket. Folks saying they are rich with prices rising but never selling are just following an illusion. Paper money ain't real money.
I never sell Bitcoin. Only buy. Stocks I will trim and add as I see fit but for the most part I avoid trading. Unless you are really good at it, it is usually a great way to end up with less money in the long term.
Just cast the chicken bones.