Post
Topic
Board Speculation
Re: Everyone has reason - Bull and Bears
by
ffernandex
on 27/04/2013, 14:14:04 UTC
I think it is pretty stupid to label oneself either way. Why would you like to face the study of the market or price from an emotional, non-rational perspective? with an emotional preconception of where the price should go? thats only detrimental to an accurate and sound study of the situation, whether using fundamental or technical perspective.

The price will always go up and down, because that's how the market works. You can either choose to use some of the techniques available to study the market and make your own informed decision, or you'd be better gambling to a flipping coin, in which you either double or lose everything.

In any case, because of the particularities of bitcoin, you can always resort to the "buy and hold", as in the long term it is expected a continued, although bumpy, growth. So, it does make a little more sense to be a bull in the btc market than a bear. If you're really a bear, why are you even here?