I am considering putting about £100 in crypto just to not feel like I'm missing out. But apart from going long and being patient, do you do any non BS analysis? I simply can't bring myself to believe in anything that allegedly predicts short term prices
High risk, high reward. There's only so much you can predict about the market, at some point you need to put on your big boi pants and invest.
>>2777111
You have no idea what you're getting into, so just don't do it. It's just hype from what I see.
>>2777111
To be honest, just don't buy at the all-time high. Ever.
Go read the whitepaper for projects and focus on growth, not just whether a coin seems valuable or not. If there aren't major updates coming in the future, then there isn't much room for growth, no matter how great the coin seems. Buy the rumor, sell the news.
No analysis, just basic rules and principles.
It's.. £100, britbong. If you're afraid of losing that, then don't even waste your time.
I know it's only £100. But I just want to feel like a non pussy. Everyone on biz is having so much fun.
>>2777155
That's what they say
>>2777155
You don't hear about all the people down 75%. Or the people who panic sold at a massive loss. You hear the stories of people doing well. Don't believe it though. Lots of larpers.
Personally I'm down like 40%. Still had fun though. Becuase I learned this shit on my own. And I only put in about as much as youre considering.
>>2777155
you will definetly have fun if the money is nothing to you.
earning money is a different story.
>>2777111
>But apart from going long and being patient, do you do any non BS analysis?
support/resistance, meme triangles all work
>>2777111
>predicts short terms prices
TA doesn't predict anything, people just look at past market behavior and extrapolate statistically probable outcomes in the future. It only works because everyone else is also doing the same thing, it's not some magic box with all the answers.
>>2777111
You might as well just take £100 and throw it down your nearest drain.