Post
Topic
Board Speculation
Re: I'm officially sick of the bitcoin price right now...
by
Lanatsa
on 12/11/2019, 18:47:27 UTC
You have to fully understand the market so you'll get used to it.

This is not a typical of investment where its stable and we can predict it easily, this is very unpredictable and always believe that this market is manipulated that is why sometimes it goes sideways  and sometimes we witnessed a significant drop or increase, that's how volatile it is and instead of complaining, why not try to study the market very well so we can learn and make a good decision next time.


True,  everyday in fact every moment is a learning curve for us wherein we being in this domain for long time knows that the market does not go as per predictions and everyone has a different opinion about the market situation and make their own move based on their strategy.  We cannot be frustrated with the market situation rather studying the market will help us in further moves as you have rightly mentioned. 


yes everybody has own predictions about the market but these predictions sometimes works usually when they are according to the exact information and data, most of the people are the good predictors who can predict the price of bitcoin that is because of their research and study which makes them perfect, so i think there is always a room for learning something new about the market and 'study' is its best solution.
People simply rely on the predictions of those people who have history of making appropriate predictions. Most of the times, these prediction makers are the ones who have deep connections with the teams of coin projects and are in touch with the whales who are capable of making hug changes in the market. In addition to this, we cannot ignore their significant market and technical knowledge. In short, not everyone can make predictions. People follow these mentors for predictions.

This is already happenign before and people only relying in predictions even it is a false analysis to manipulate and make people to invest and lose money. And that is the reason why some pro traders and make a post about the chart to confuse their followers and make money by making a false prediction and this is just like a pump a dump scheme but in a different way.

And it is really hard to look for a good mentors to follow that's why it is much better to self study.
Theres no wrong on following on an analysis but somehow we should follow into those realistic ones rather than into those who aren't specially on long term aspect.
The thing here that should really be put up on ones mind is the risk of losing money which everybody do fails of to do.Its not really a surprising thing that majority
do commit mistake yet this market is always been unpredictable and very volatile and if you do hope on getting profits easily then you should changed up that kind of perception.