If you want to be profitable there are lots of stratigies. IMO, the best one for bitcoin is to run counter-market. That means buying when the charts are all red and selling when they are all green.
The good news is, the haters will no longer try their luck trying to time the market, because chances are you will lose compared to simply buying and holding, and taking advantage of every dip for accumulation, that's what smart people that will be rich as fuck in 10 years are doing now. Im glad to see all these millennial are starting to understand the importance of BTC and are following this strategy.
Haters that got burned on a short will guaranteed no longer try to short bitcoin ever again.
I hope this is being learned without too much financial pain. I can understand being timid in markets when this is all new to people. But you have to be disciplined and make judgments based on math not emotions. You must lead markets not follow them. So forget what others are saying about conspiracies or rumors. Place bets you can lose based on facts rather than opinions, and remember the SAS motto - Who dares wins!