Quote from: Hamphser on October 18, 2021, 09:40:38 PM

After almost a month before you had created this thread then it turns out that the price had reached out 60k+ price which signifies that bitcoins price movement is way too unpredictable.Future prices could neither be

low or high because demand is the main factor on what drives the price so it will really vary and as a trader or investor then its up on someones personal choice whether they do get in or get out.

Bitcoins price is too volatile and it does have its own pro's and con's.So its up on someones personal choice.

The biggest pro AND con at the same time is the unpredictable situation. I mean the high and low makes sense because we were low and we are now high and we will be low again as well. I hope that people will realize that you can't "predict" what bitcoin will do, nor will you be able to do the same for the rest of the crypto currencies neither. What you can do is an educated guess and hope that you are right, you are literally "guessing" and nothing more. Obviously you could be right, I mean guessing is not making up, it is still reasonable to be right sometimes when you guess something. But that is also not predicting like you know what you are doing neither.

This is why we could all make a profit in crypto, as long as our guesses our correct then we could be making profit and if we are wrong then we will lose, if it wasn't like this then rich people would make the most profit and leave a very small amount for us.