Buy the Rumor, Sell the News

This mantra is often used in stock news and events and that holds true for crypto. Everyone bought doge thinking about Elon was going to talk about it on SNL and create another pump. Well he did talk about it, but doge dumped instead.

Why? Because the Elon being on SNL is priced in. It really doesn't matter what positives he says about doge because it was already expected.

Now I might be talking prematurely and doge could continue going back up since the show isn't over yet but it doesn't seem like there's much momentum anymore.

So anyways, the lessons is, if you think something is a sure thing, everyone else might be thinking the same thing. You need to stay one step ahead of the crowd. Buy the rumor, sell the news.