Post
Topic
Board Bitcoin Discussion
Re: Do you still believe in predictions of "experts" about the bitcoin price?
by
Nissan-GTR
on 14/09/2018, 13:58:55 UTC
I believe that we should never trust 100% in any prediction about it, even if that person is presented as the greatest expert or master on the subject, because we must always keep in mind that at the beginning of 2017, when the price of bitcoin was just in $1,000, none of those alleged "gurus" was able to predict that the price of bitcoin would reach $20k some months later. And besides, neither was able to predict the tremendous collapse that the market would suffer next.

If those relevant historical events went completely unnoticed by the "experts", I think none of them has real bases to present themselves these days announcing that bitcoin will reach this or that price by the end of the year.

Actually I really dont, due to the fact that the misconception about believing to those experts is that people usually depend on what they are trying to say, due to excessive desire to have a better amount of money people tend to rely and be dependent on what the 'experts'is saying about thoigh at some point it is helpful since we all have different way how to cope up with our inner techniques regarding earning but in my perspective I dont see them helpful as always.