Post
Topic
Board Bitcoin Discussion
Re: Newbies: Don't panic and learn to hold
by
Fivestar4everMVP
on 17/06/2022, 13:47:42 UTC


Don't believe of those so called expert predictions since there's no guarantee their words will come true, there's no crystal ball in this world. If they're a time travel who know the correct Bitcoin price in the future, they would shut up and just bought the bottom price, so they can sell at the peak since they're already know it. But, why does they need to told everyone the Bitcoin price will crash to x etc? Because they want to gain popularity if their words are come true. They just randomly guessing the price in hoping they're correct.

I have always said this here on the forum, people claiming to know what the price of bitcoin will be in the next few days, months or even years are nothing but guess, there is absolutely no correct prediction of the price of bitcoin or any other crypto asset anywhere, people only guess and hope it turn out the way they guessed it so that they can shout and scream "you see!, i told you so", and its unfortunate that newbies will never stop falling for all this price prediction scam, but as it is right now, it is imperative that we that have been here for long should never stop educating the new comers, this is one of the reasons why this forum was developed, to educate as many that are willing to learn.

People should learn to invest with a long term prospective in mind, and those who wish or want to earn money from crypto in short term bases should go into day trading, or even do both like while investing with long term in mind, you learn to trade by the side for short term profit if you have the time are required tools.