it is easy to believe if you are long enough in the industry, of course there is plenty of people that were introduce to BTC by mass media in 2017, bought it on the top, and for them this is a meltdown, but three facts should be always in mind prior to investing:
- never borrow money for risk investments
- always do your own analysis prior to investment
- never invest more than you can lose in any investment, especially risky ones, like BTC
Yes. This is the type of balanced stance the topic should aim for, IMO. I know it's tempting for some, myself included, to counter-troll the OP with an equally strong retort, but that's not sound advice for others.
Ideally aim to hold perma-bears and perma-bulls to the same level of skepticism, because the truth is that no one can accurately predict what's going to happen to prices.
If you try to predict a drop, it might go up.
If you anticipate a rise, it may fall.
If you suspect prices are going to stabilise, volatility could increase.
If you think there's going to be a sudden move in the markets, prices could well remain as they are.
No one knows.