The topic reminded me of this
account which was created on January 7, 2018. The next day, s/he made this post:
2018 Crypto Crash, Elliott Wave"mooning... to the dark side of the moon"- Cryptocurrency bubble appears to be over, and a spectacular crash and bear market seems imminent.
- Bitcoin may bounce towards approx $15500 on Bitfinex, followed by a crash towards $7000-$8000, and then eventually to $2000-$4000.
- Majority of other cryptocurrencies may cease to exist.
-snip-
and a lot of senior members at the time have dismissed his/her analysis as FUD....fast forward, it turns out that the price prediction was real.
My point here is that don't just dismiss anything negative as FUD. Nobody has a crystal ball which means anything can happen. I suggest that beginners should not just follow popular opinions.
To be fair, can we also have a topic about bitcoin SHILLers?