Quote from: Silberman on March 26, 2022, 04:29:07 PM

Quote from: Yaunfitda on March 23, 2022, 12:02:57 PM

Quote from: Oshosondy on March 23, 2022, 07:57:30 AM

Quote from: Quidat on March 18, 2022, 11:59:28 PM

Not totally full of shit but there are people who are really that confident with their analysis thats why they do really make out some claims on something they are really very sure to happen.

Who are those? We even know that analysts are either correct or wrong. There has been time analysts would say the market will be bullish but bearish will be the market. Even analysts will always give conditions which will be confusing as they will say if the price decreases to a point, it will be bearish, but if it increases to a point, it will be bullish.

I can only speculate that those who are confident of their predictions are heavily on the bitcoin side, meaning they have invested so much money that they want to predict it that it will be bullish so that their money will continue to grow. But when the market shows bearish, then continue to preach otherwise, for obvious reasons that they have some narrative behind, so they are biased on their predictions and analyst.

Trying to remain objective and to not let your own feelings to cloud your judgment is one of the hardest things that a human can do as we tend to see positively our own actions, so if we are invested in bitcoin then it makes sense that we believe the price will go up in value, but it is important to try to diminish this tendency as much as possible, because if we cannot do that then this will seriously hinder our ability to take the right decision at the right time, something indispensable for a trader.

That is true, but maybe when you get the experienced, seen the up and down, bulls and bear market, for sure you will know now to take aback regarding your predictions. So I believed that there are still a bull that became conservative in a bear market.

And then goes back to their huge prediction when the market turns into bullish because they know that the price could go "X" growth.