Cold facts about “price prediction”: when KOLs’ prediction accuracy is tallied, it’s roughly 40–50%—not much different from flipping a coin.
This doesn’t mean analysis is useless, but rather this—using other people’s predictions as the basis for your decisions has a negative expected value in the long run. The only real ways to make money are two: either do your own research and build long-term positions, or follow strict discipline for short-term trading (with clearly defined stop-loss and take-profit rules).
Copying, doing homework by imitation, and listening to Twitter/X “trade calls”—these three are the fastest paths for beginners to lose money. People post screenshots of profits to social media, but losing trades are never shared.
This doesn’t mean analysis is useless, but rather this—using other people’s predictions as the basis for your decisions has a negative expected value in the long run. The only real ways to make money are two: either do your own research and build long-term positions, or follow strict discipline for short-term trading (with clearly defined stop-loss and take-profit rules).
Copying, doing homework by imitation, and listening to Twitter/X “trade calls”—these three are the fastest paths for beginners to lose money. People post screenshots of profits to social media, but losing trades are never shared.