Post
Topic
Board Speculation (Altcoins)
Re: An Easy 25 Percent: ‘Bond King’ Jeffrey Gundlach Predicts Bitcoin Price Gains
by
South Park
on 11/01/2019, 20:12:28 UTC
The question people need to ask is if the fund is buying into the asset or what, if there is anything I learnt last year, it is not to base my projections on the so called expeer, most of them said last year Ethereum is going to $2k but when end up below $100. Base your forecast on price on fundamentals it is far better than specualtions
Using fundamentals without a doubt has its place and I consider it a valid form of investment but it has limitations, using fundamental analysis can tell you if a coin is good as an investment but it does not tell you anything about when the coin will go up in price or when it will go down, this is not a problem if you can hold your coins, but as has been proved by the recent bear market not many investors can keep holding their coins when they suffer great losses.