one of the biggest difficulties for newer traders in crypto is failing to decipher who is a permabull and who isn't traders generally have a bullish bias, but it's important to find neutral traders and use them as signal traders who overvalue permabulls will get destroyed
it's a good idea to keep permabulls on your attention set though. permabulls make a TON of money during the actual bull markets, so the real skill comes in determining when to flip your attention from neutrals/bears to permabulls and vice versa
1.05K
14
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.