Good news but i'm still bleeding cash ?!

You know what ... i think i'm starting to learn what is really happening here. I can see the pattern.

I'm new to this, bought for first time Dogecoin, Tron and CDA worth 50$ in total, about 15$ each. Then everything took off. Doge made me crazy profits, like 150 $ ... but i heard Elon advertising it ... and the upcoming SNL hype and i didn't sell, i even bought 100 euro worth more doge at 0.7$. And next day ...everything tanked, i panic sold everything, and it turns out it was a good idea because everything kept droping for days and never rose back.

But i noticed that "good news" was all over the place. So i started looking into 2017-2018 and guess what ... i found that before the crash and during the crash there was also alot of good news. The biggest one was that BlackRock which is worth 7 TRILLION will invest in bitcoin. Everything crashed soon afterwards. I notice the same thing now, big banks and funds, even countries claiming/adopting cripto, but everything is still bleeding.

So here is my conclusion ... i think ...we are actually pawns here getting scalped by rich and powerfull people. I don't think it's me, you and Billy who drove bitcoin to 60k. I think alot of rich powerful people bought big chunks at the right time to push it up, make hype, then wait for the "retail" to drive it further up, then when they saw the energy is dissipating, buy a bit more to encourage people to put more money into it. This is where the "good news" comes into play, brings in buyers, rises the price. And when they have the best price = buyers strength, then they create a major hype event and they imediately dump. People rush in to buy, they cash out ... you are left with empty bags. Then they start playing the "it's gonna bounce back stronger" card by making banana republics adopt bitcoin. New people start buying or people who got tricked => they dump more, price tanks further ... rinse and repeat.

I also notice some Youtube channels are really really spreading lies to people, saw a video from a channel with over 100.000k subs telling people Bitcoin is going to break back up possibly over 60k in the next days, and they where more sure and confident about it than i am remembering what i had for dinner 2 days ago. This is not real ...these people are getting paid to say that and they don't care about what happens to your or your family if you lose your money.