Quote from: kentrolla on August 10, 2023, 07:50:35 PM

Quote from: Noctis Connor on August 10, 2023, 06:16:20 AM

As a trader I don't usually rely on prediction since it's just a speculation and you may lose some dime if you have been FOMO. But if you'll check the bull run history of bitcoin I could say that this could be a pattern since it happened already not only twice but every 4 years bitcoin price bull run start so we could say that by the end of the year 2024 or 3rd month of the year 2025 we could see another bull run of bitcoin. the market cap of bitcoin is already huge so do some research what's the pros and cons of holding bitcoin in todays market price.

You are right, relying on prediction is a foolish thing as we have to check the historic trend of bull and bearish run to understand the pattern because once the bull run starts every random guy becomes crypto experts and throws random predictions. We should rather follow the market trend and act accordingly. Most of us lose money because we buy at peak due to FOMO and sell it at low due to FUDS.

I really don't think that it is a foolish idea as to whether we like it or not, we live that way. Because if we only know what will happen next, people don't do this and so I am but it was not, therefore, the prediction comes out for a good reason. It is only no sense if we don't have any basis for our prediction but if we have, I believe that is was close to the possibility. In fact, you believe that Bitcoin will make bullish again and that is just a sort of speculation. If that is wrong, then there is no sense of believing it but we are.