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Deciphering Crypto Insights: Can Analysts Be Trusted?
#1
When diving into the complex world of crypto, finding reliable sources for information becomes crucial. Personally, I prefer turning to YouTube for insights, following creators like Crypto Bureau's Guy, who consistently delivers accurate analyses. Additionally, staying updated with crypto news platforms such as Coin Desk, Coin Telegraph, Decrypt, and mainstream media like Entrepreneur and Forbes broadens my perspective. While consuming content on market trends and new projects, I steer clear of price predictions, understanding the unpredictability of the crypto market. For instance, a company forecasting Cardano's price at $3 by the end of 2022 revised it to 68 cents, projecting a $3 value by 2025.
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#2
When it comes to cryptocurrency trading, analysis is everything. There are so many ways to analyse cryptocurrency market but it's price reaction that I use most of the time for my cryptocurrency analysis. When you understand what price is doing, you can know exactly when to trade, your POI, TP and SL.
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