I find it frustrating when my price prediction for the market fails. I know that it is difficult to predict the market movement due to its uncertainty and also that it is not possible to consistently predict the future accurately but it still hurts when I tell it to my friends and it doesn't turn out so. In January, I had predicted that by the third quarter of the year, bitcoin will hit $35k - $40k. I hide my head in shame because right now it is struggling at $25. Maybe I should stop quarterly prediction and stick with monthly predictions. Also how do you suggest I handle incorrect price predictions? Anybody been here. How do you handle it?
All traders must have experienced this, predicting prices will go down or up but what happens is not according to predictions and that is not a problem at all in my opinion because no matter how skilled traders are, they will definitely experience mistakes, if you have already bought then wait for the price to reach the predicted point is better because I would never do a stop loss in spot trading on Bitcoin except for altcoins, if I still have funds buying at that price is also good because it means the price of Bitcoin has not yet increased and just wait for the time it will start to rise.
If anyone asks why the price is not touching what was predicted, say that this is normal because many factors can make predictions not go as predicted.