Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Republikcoin.com
on 29/07/2022, 07:58:45 UTC
Optimism may well not do any bitcoin HODLer any good if s/he has overplayed his/her hand.  Optimism needs to be coupled with reasonableness and prudence, and sure you can be aggressive too, but if you are too aggressive (or too optimistic) you may well contribute to your own getting reckt in part or in full.
Well, that's right. But the optimism I mean is to continue to believe and believe in Bitcoin even though it will not forever hold Bitcoin in the long term because I personally will sell Bitcoin when the price target I want has been reached. But I'm always optimistic to hold it when the price is still very cheap.

Quote
We are exposed to all kinds of information about bitcoin, and surely you are correct that some mainstream sources of information are frequently getting matters wrong, but they are not always wrong and sometimes they do get exposed to credible sources, so we have to be able to figure out good sources of information and bad sources of information, but also be able to analyze if some of the information might have some mixture of good and bad ways in which they are talking about and presenting the bitcoin topic.
I see there is only partly wrong from some of the sources of information that exist today so it is true as you said that everyone still needs to analyze every source of information that exists in order to know whether it is true or false after receiving so much information from various media on at the moment.