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All moments › Why Most New Traders Fail (A 20-Year Pro Explains) | ft. Will Hunting

Narrative drives crypto prices more than current value; people price tomorrow's expectations, not today's reality.

From Why Most New Traders Fail (A 20-Year Pro Explains) | ft. Will Hunting · jumps to 13:28 · speech

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and anticipating that there would be some element of support around that level. The other element with Bitcoin, which has always been really important though, has been narrative, right? And I think with all spec assets, right? It's always been narratives always been really important because when you're looking at the chart, the price you're looking at is not the price of that asset today. The price you're looking at is what people think it's going to be worth tomorrow. And that is driven by narrative, right?
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