If you can't analyze, how do you choose good targets?
Is the cryptocurrency market doomed if we can't analyze it? As someone who has transitioned from a novice to an experienced investor in the cryptocurrency market, I will share a set of logic I currently use for selecting targets.
This set of logic follows three principles: Do not predict the future;
Use verifiable and replicable signals; Avoid 'seemingly professional but meaningless' pseudo-analysis. Image source: THENEWSCRYPTO First, understand a core fact: not being able to analyze does not mean there are no opportunities.
In reality, 70% of retail investors ultimately lose money not because they can't analyze, but because: Buy based on gut feeling FOMO at the top Chose projects without basic survivability
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.