Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
WatChe
on 09/07/2022, 05:37:11 UTC
Can't agree more. There is hardly any prediction that has gone true regarding bitcoin price, evident from historical dafa. Yesterday I read a tweet where its written by a popular social media crypto guy that "bitcoin wont be traded under 20k again".
Everyone can predict there future price but the fact is there is no way we can determine future price of bitcoin. That's positive or negative aspect of decentralized cryptocurrency aka bitcoin.
I think it's also a very natural thing when a human being can't determine the price of bitcoin in the future. Because if a human being can determine the price of bitcoin in the future, then everyone will get rich faster and they also know when they will be rich.

With so much predictions going on one also need to be careful in following these predictions. One must DYOR before making any move. If you blindly follow these predictions like the one I mentioned then there is no guarantee of profit.


Quote
So this is what is called price fluctuations which are always difficult for anyone to predict, so they often miss what they say.

There won't be many people who have bought bitcoin at 10k (before current bull run) and sold it at 67k. There are always margin at which one sell off. It will be easy if we stop chasing maximum profit rather chase our targeted profit.