Post
Topic
Board Trading Discussion
Re: Experts Reduce End of Year Forecast for Bitcoin.
by
Mahanton
on 19/06/2018, 22:24:38 UTC
Experts were wrong last year, Bitcoin outperformed; so far this year they have also been wrong, Bitcoin is under-performing.
Trading remains volatile, the advice has always been to trade with caution and not make this so called expert-predictions a basis.
I agree with this, according to the information posted by the OP the panel of experts still think that bitcoin can reach 18k, I'm not so sure in what kind of data they are basing their predictions, they still seem to be incredibly bullish to think we can get that close to the all time high, even if the predictions come true it is my opinion people need to assume this year is going to be terrible for cryptocurrencies and act accordingly, that is way better than to wait for a bull market that may never come in this year.
We do really know the feeling on waiting for something which we dont even know or does have assurance that it would come.It do really sucks to feel that way but i agree that rather than on expecting or hoping too much its better to do things and act accordingly into the situation. Making out money or profits on this bearish market is still plausible and talking for those experts i dont believe into those things on any angle since no one can have a precise prediction either on bitcoin alone or into other altcoins as well.