Today I read this news:
Bitcoin Price Drops Under $10,000 as Downtrend Continues
today the news had something very different, something shocking, I do not know if was intentional, but today the news had this:
look at the photo
days ago an analyst made a very exaggerated price forecast (something that became very common in recent years)... he said this:
the guy who said this is @Simon Peters (eToro analyst)
the price is falling a lot and when I see this forecast, I get more angry with those analysts who only make the wrong predictions (their predictions seem like a big joke)
week ago I read something very ridiculous, this thing surpasses all the most ridiculous things that I have seen, with the price drop... I remembered this ridiculous thing that I saw a few weeks ago, here is the ridiculous thing:
The Bitcoin time-traveler was right since 2013, and predicts $100K for 2019
We have a time traveler.
current price
1 BTC = $10 268,65 USD (-6,99%)
today is July 2, this means that there have little time for the end of year
I do not believe that someone is able to travel in time and the guy made a very ridiculous prediction
What next?
Bitcoin Price Drops Under $10,000 as Downtrend Continues
today the news had something very different, something shocking, I do not know if was intentional, but today the news had this:
look at the photo
days ago an analyst made a very exaggerated price forecast (something that became very common in recent years)... he said this:
BTC could return to its all-time high of $20,000 within one to two weeks, while $50,000 to $100,000 could be achievable by the end of 2019
the guy who said this is @Simon Peters (eToro analyst)
the price is falling a lot and when I see this forecast, I get more angry with those analysts who only make the wrong predictions (their predictions seem like a big joke)
week ago I read something very ridiculous, this thing surpasses all the most ridiculous things that I have seen, with the price drop... I remembered this ridiculous thing that I saw a few weeks ago, here is the ridiculous thing:
The Bitcoin time-traveler was right since 2013, and predicts $100K for 2019
We have a time traveler.
current price
1 BTC = $10 268,65 USD (-6,99%)
today is July 2, this means that there have little time for the end of year
I do not believe that someone is able to travel in time and the guy made a very ridiculous prediction
What next?
In my opinion OP should have known the predictions by these "analysts" were far fetched from the beginning. Why is it only know ~2 years after the great pump of 2017 is OP beginning to question these "analysts".
No matter the market condition when it comes to investment one must in my opinion:
- Never take the advice of someone else in place of their own
- Acknowledge that no matter how safe or how rewarding a investment might seem losing most/all of investment is possible
- Never fall for hype
- Think of long term....in crypto world this would be at least 5 years....so if you invest in ether in 2017 you should not expect it to make you rich in 2019.....
- Accept responsibility for their loss if they fail to do the above....if you didnt know what you were getting into when you invested then that is nobody's fault but your own