How can one understand to a large extent how the crypto market works?

[Fidelia]

Someone told me today that of one studies the crypto market extensively, they would understand how the market works and trade crypto with a very high winning ratio. He recommended watching lots of crypto videos on YouTube, and reading lots of crypto related articles.

Would these help someone to understand the crypto market to a very large extent!

 

[magnus2022]

Cryptocurrency is very complex and very versatile. Cryptocurrency is too complex and is evolving on daily basis. Therefore, i don't there is anybody that can tell you confidently that he knows all about crypto. My advice find experts you can follow and start learning as much as you can.

 

[Kross]

There is a place for in depth study. It would help with fundamental knowledge but crypto is not something that has a formula.

 

[eLdavis]

If one wants to really learn about the crypto world, they need to study. There are lots of resources online both free and paid ones you can have access to.

 

[King Belieal]

On the contrary, I believe that experience with the crypto market would help to expand your understanding of it. Study is important but experience is also super.

 

[Suba]

Basically, crypto market work is influenced by supply and demand. Supply and demand are also influenced by many factors, especially by market makers who can provide liquidity,
So in the crypto market, economic laws also apply, so the crypto market requires market players,

 

[Fidelia]

Even if you understand and study everything the crypto market is about, you can't understand what the whales are about to do per time.

 

[Min George]

The crypto market is always evolving. You have to keep studying the market to stay abreast of the market conditions.

 

[Suba]

Even if you understand and study everything the crypto market is about, you can't understand what the whales are about to do per time.

Even if we don't know what the whales' plans and strategies are in the crypto market, at least we can monitor their transactions, both sending and withdrawing crypto from the exchange or wallet, we can even find out the name of the crypto exchange where they transact.

 

[riberet19]

Like any discipline you want to learn, you have to study it in depth, some will understand it before, others will have a harder time doing it, but you have to study, on the other hand you also have to have some knowledge about computer science.