A coin moves 8% in a day. Would you celebrateâor ask why? đ
Iâve started asking one question before reacting:
âWhat happened before the price moved?â
For example:
A coin suddenly jumps 8%.
Instead of treating the green candle as the story, Iâd first look for the event behind it:
Was there an announcement?
A product update?
Or nothing obvious?
Because the same 8% move can mean very different things.
My take:
The percentage tells me how much it moved.
The reason tells me what I should look into next.
Your turn:
You see a coin up 8%.
What do you check first?
A â The chart
B â The reason for the move
A or B? đ
$BTC $ETH $BNB
#CryptoEducation #CryptoInsights #BinanceSquare
Iâve started asking one question before reacting:
âWhat happened before the price moved?â
For example:
A coin suddenly jumps 8%.
Instead of treating the green candle as the story, Iâd first look for the event behind it:
Was there an announcement?
A product update?
Or nothing obvious?
Because the same 8% move can mean very different things.
My take:
The percentage tells me how much it moved.
The reason tells me what I should look into next.
Your turn:
You see a coin up 8%.
What do you check first?
A â The chart
B â The reason for the move
A or B? đ
$BTC $ETH $BNB
#CryptoEducation #CryptoInsights #BinanceSquare