I have read many articles exaggerating bitcoin price prediction's from both those who claim to be professionals and diverse bitcoin enthusiasts which I felt the necessity within to drop this piece figuratively.
We are expecting too much from bitcoin in just a short time of about 13years since it's creation. By logic bitcoin is just a teenager who has not yet attained the status of adulthood like the forex market for example, yet it has penetrate and saturate the financial market (global economy) becoming the talk of the town in the internet like it has been here 50 years ago.
The high expectations should be moderated so we can be able to appreciate the milestone growth bitcoin price has made.
And this can be so discouraging for investors that planned on long term hodling with such a high expectancy. Learn to treat bitcoin like a teenager that's just coming up and still has its future ahead of it and stop the unequal comparison with other financial instruments like gold that have been around for decades.
this is very true. The hype is damn much and part from the investor angle, new persons coming into the forum might be feed with one sided narrative on bitcoin investments and might think that it is always going to be a win win thing. I guess it is very necessary that while we show people the good side of Bitcoin, we shouldn't make them belief that it is one perfect means to an end that is better than investing in any other thing.
There was a time I made a thread regarding other investment that the knowledge of bitcoin could help us scale very well in, I received some discouraging comments that seems to suggest that bitcoin is the best and that no other investment could amount to greater returns compared to Bitcoin. I like the decentralise nature of bitcoin but that doesn't make it the most perfect and surest source of investment