Post
Topic
Board Speculation
Re: JP Morgan: bitcoin could hit $146,000
by
jaberwock
on 10/11/2021, 19:23:11 UTC
maybe, as I see when guys like that are making these predictions, it seems like the market reacts really fast and the price goes up, of course it's a coincidence. But the funny part of it all is that if the price dropped too much they would be making peximistic price forecasts. they surf the wave: price goes up and they show up with optimism, price goes down a lot and they show up with peximism
it seems what you say has become something that is commonly done and is always optimistic when it increases but pessimistic when there is a decrease. actually something that happened must be addressed with everything that has happened, if you believe it is increasing then you must also accept if there is a correction.
actually something that is natural in crypto especially with bitcoin will always give a surprise every step that will be taken.
We should never feel bad about crypto, it is certainly something that we should always be hopeful about. Yes, there are times when the price drops but the reality is that as long as we can hang in there then we could make a profit. Obviously it is not going to be easy, and yes sometimes that is not something that we could all feel and emotions run wild and sometimes we can't help but feel bad.

It looks easy to say this when the price is so high, but even when it dropped to 30k you could check my posts and see that I have been promoting buying more crypto. Never get discouraged about crypto and always feel like you are doing the most rightful thing for your finances when you are buying it. Crypto may drop here and there but in the long run it has never failed to go up, and that is why we are buying it, not because it could be higher tomorrow, but it WILL be higher in the future.