Post
Topic
Board Speculation
Re: Bitcoin may continue to move higher
by
Welsh
on 07/05/2018, 11:33:02 UTC
That’s right most of the experts have no idea what’s actually happening or what may happen but everyone should do their own analysis and should trust them, people shouldn’t depend or get excited on an “Expert’s” opinions or predictions. People should be serious about it do your homework and you’ll have wider views about the market
I've said this before and many other people have too. No one remembers the guy who got it wrong, but everyone remembers the guy that gets it right. A expert could make a bold prediction that Bitcoin will reach $100k next year, and if it happens he will be hyped up and praised and people will likely follow his future predictions and he may even make a little bit of money off of this. However, if he isn't correct then everyone forgets that he made that prediction and it's no longer spoken about. It's a win-win for "experts".

Plus, we have to remember that everyone invested in Bitcoin who is giving "expert" advise is likely trying to manipulate the market without using their own spending money. We've seen in the past how "Whales" can influence the price of Bitcoin, and experts giving their advise are effectively getting the masses to sell or buy and they are manipulating the market without using any of their spending money.