$SPCXB $AAPLB #$SOL The only way to get a good entry is during a downtrend transitioning into an uptrend.
We often hear about tools like technical analysis (TA), which uses various indicators and patterns to provide the highest possible accuracy. But every chart pattern and indicator has its own probability of success, and you’ve probably seen many cases where TA indicators were wrong.
Or there are on-chain tools that provide information about wallet addresses and the flow of funds into and out of wallets and exchange wallets, and so on. But what we can see is only what the big players want us to see. At the end of 2021, on-chain information was flooded with good news about the market being continuously withdrawn and accumulated, yet it still dumped. That’s because the big players leave no trace unless they want to and have a reason to.
Then there’s fundamental analysis of projects. No matter how good a project is, buying and selling demand is still needed to drive growth or decline, because all listed tokens are affected by the overall market. Even good projects like BTC and ETH fall in a downtrend and rise in an uptrend, no matter how good they are. That’s the market.
All these tools are essential for helping you understand, keep up with, and gather information so you can make your own decisions. But ultimately, all information is only valuable if your trades make a profit. So your entry point matters a lot. The only way to do that is to buy at multiple price levels across a wide range that suits the current market. In an uptrend, the average purchase price will always be the best.
We often hear about tools like technical analysis (TA), which uses various indicators and patterns to provide the highest possible accuracy. But every chart pattern and indicator has its own probability of success, and you’ve probably seen many cases where TA indicators were wrong.
Or there are on-chain tools that provide information about wallet addresses and the flow of funds into and out of wallets and exchange wallets, and so on. But what we can see is only what the big players want us to see. At the end of 2021, on-chain information was flooded with good news about the market being continuously withdrawn and accumulated, yet it still dumped. That’s because the big players leave no trace unless they want to and have a reason to.
Then there’s fundamental analysis of projects. No matter how good a project is, buying and selling demand is still needed to drive growth or decline, because all listed tokens are affected by the overall market. Even good projects like BTC and ETH fall in a downtrend and rise in an uptrend, no matter how good they are. That’s the market.
All these tools are essential for helping you understand, keep up with, and gather information so you can make your own decisions. But ultimately, all information is only valuable if your trades make a profit. So your entry point matters a lot. The only way to do that is to buy at multiple price levels across a wide range that suits the current market. In an uptrend, the average purchase price will always be the best.