Post
Topic
Board Bitcoin Discussion
Re: No late comer in bitcoin Investment.
by
Yawa2020
on 07/04/2023, 22:56:09 UTC
Do you think people should invest in Bitcoin or any other asset because they read a forum post from a random user and their whole argument is that they simply believe that the price will go up? If you presented a logical argument why Bitcoin will go up, that could be a start of discussion. Simply stating your belief is not very interesting.

And charts don't predict prices. Markets are not driven by an objective force that will produce same outcomes from same starting positions every time. People tried to create so many Bitcoin price models, like rainbow charts or Plan B model, and they all failed.
Exactly the type of argument I was having with someone outside the forum earlier today. The bitter truth is that majority of us think that sweet mouthing without undoubted evidence to buttress their claim is enough to convince people into their own idea. This Bitcoin prices prediction is not second to accurate and that's why it's called predictions mostly driven by speculation.