#CRYPTO I'm looking at the chart and there is only one thoug | DLavrov Trading Ideas & Tips

#CRYPTO

I'm looking at the chart and there is only one thought. Crypto is not about trading these days. Crypto is about gambling. There is no sense behind pumps like in this chart. The real value of many coins is much below the current prices. The pumps don't have any support from TA and FA. Just one guy decided to pump this coin because he can do it. Tomorrow another guy will pump a new coin. It is not about trading. It looks like a situation when you visit a casino trying to win a jackpot. You try to catch unpredictable pumps and make a good profit. If you pick a right coin, you will win a prize. If you pick a wrong coin, you will stay with wasted money and time.

But what's the difference between a casino and crypto "trading"?
People visit a casino to get emotions first of all. Do you think that someone uses a casino as a stable source of income? I don't think so.

But crypto traders try to use "trading" for making stable money, in the market which looks like a casino these days. Of course, it is a good way to fail! Of course, the Crypto market will move back to the real value of the assets. It is just a question of time.

https://www.tradingview.com/x/3epDHefx/