Why looking at bigger timeframes is important

... it puts things in perspective. So many users seem to focus on 15-minute candles. What do they observe? Noise.

They think the price is pump- or dumping, but it's only daily volatility. When a real market move happens, these charts show nothing but a huge candle. It doesn't make any sense.

Here you can see BTC's monthly candles since 2017. This month looks awful, doesn't it? It also looks like there might be a few months of a tiny relief party or crabbing, before we go lower:

BTC (each candle is a month)

Nobody knows shit about fuck, we said back in the day and it's still true. Do you see any patterns here? You'll see different patterns when you look at daily candles ????‍♂️. Or weekly.

With so much going on in the world, it's easy to forget that prices are hugely influenced by events that we cannot know until they already happend.

Worth mentioning: Many users on this sub should consider whether the crypto market aligns with their risk profile. Selling crypto after a huge drop and buying silver (which has printed a crazy ATH) is nothing but panic selling.

Greetings