Quote from: Out of mind on September 18, 2023, 02:14:29 AM

Quote from: Davidvictorson on September 07, 2023, 02:37:32 PM

✂️?

I have seen a lot of research that has made predictions that turn out to be completely wrong and backfired. When we entered the new year it was predicted that the value of Bitcoin would reach a good point, but that did not happen. The $30k/$40k position was supposed to be the level the Bitcoin market was at in early 2023, but it turned out to be completely different. Although the Bitcoin market touched $30k in half a year, it has since dropped back to $25,000, which has changed the market a lot. However, many studies have been done on the Bitcoin market, but most of the studies have failed and gone wrong. But in the future, the Bitcoin market will become a Sir's market again, and it is certain that the Bitcoin market will be $100,000 in the year 2024-25 as predicted by various experts.

There is one thing I learned from people's predictions, although it is not completely accurate, but sometimes it is very correct. That's bitcoin, the market always goes against the crowd's thinking, when people always shout that bitcoin will rise and continue to rise higher, bitcoin always disappoints the crowd and vice versa. So I don't want to be Fomo or follow the crowd, when people are greedy I will be more cautious.

One more thing, the percentage of people making money in the market is very small and the percentage of losses is the majority so I think we should stop following the predictions of the crowd.