Quote from: gentlemand on January 18, 2020, 04:05:13 PM

Quote from: mentalny on January 18, 2020, 03:29:38 PM

The truth is any predictions about Bitcoin price is like crystal gazing. The market is so unpredictable. I doubt that we will see 30k after/before halving. Maybe 20k but it's just my opinion.

Of course. No one knows anything. I certainly didn't expect 20 grand in 2017 and can't remember anyone else calling it either.

What that tells us is that we need to be in a position to benefit from every possible outcome.

Funnily enough the loudest and most certain people usually totally miss whatever boat by refusing to commit or hedge because they're convinced they're right no matter what is screaming in their face.

Despite the fact that in the 2016 campaign, I still received very good income from the cryptocurrency market, I was very skeptical about all sorts of forecasts when they called big numbers that indicated the future price for bitcoin. I am very sorry about this, because due to my mistrust I lost several times more than I earned. Of course, at a cost of $ 300 or $ 500 for Bitcoin in the summer of 2016, it was very difficult to believe that Bitcoin would rise to $ 10,000, $ 20,000, and many predicted $ 100,000, or even more. But when Bitcoin reached $ 20,000 in 2017, my skepticism subsided, although I really understand the risks of the cryptocurrency market and that all the ups and downs have certain reasons. Moreover, after the fall in cryptocurrency prices in 2018, it will be very difficult to reach maximum heights again. I dont undertake to predict the further development of events in the cryptocurrency market, and I also try not to believe empty forecasts that have no evidence or facts, but nevertheless I am no longer skeptical about the capabilities of Bitcoin and the entire cryptocurrency market.