Post
Topic
Board Bitcoin Discussion
Re: Bitcoin price prediction?
by
zainpieces
on 26/06/2021, 18:31:59 UTC
My main concern lies in the fact that I've seen bitcoin and other cryto currencies crashing so fast just because someone like Elon Musk or Warren Buffett said something about bitcoin and by the time this news reaches everyone who is not actively following all these people on twitter, the damage is already done. So if there is a strong correlation between such events and crypto-currency prices, then there should be a platform at least telling that something like that is likely to happen because such news came out. It doesn't have to be true but impactful news should be a direct indicator of these prices.
Definitely studying basic trading strategies would help but getting augmented knowledge from other sources in a convenient way would definitely help make trade decisions.