Quote from: EarnOnVictor on Today at 08:14:23 AM

Quote from: Plaguedeath on February 20, 2024, 12:28:43 PM

Quote from: Ricardo11 on February 20, 2024, 10:48:58 AM

Now another big opportunity is going to come in front of us. When the price of Bitcoin will increase much more than that. So I would say, those who haven't invested in Bitcoin yet, make a final decision to invest in Bitcoin for lone time Holding now and hold until the next ATH. You invest in Bitcoin and keep your Bitcoin holdings safe, because the next bull market is going to have the power to change your life. So just Hold bitcoin for long time.

Are you a God who know everything in the future? how you can be completely sure if Bitcoin will make new ATH and change someone life?

I hope people are not blindly trusting someone else predictions instead try to learn what's Bitcoin, why you want to buy Bitcoin and know the limit of risk of investing in Bitcoin.

If not, they will use all of their savings, sell their property or assets, or taking out a loan in order to invest in Bitcoin because they believe Bitcoin will change their lives!

He doesn't have to be God to speculate but the only issue I see here is that the guy is too lousy about it. He was just preaching buying and buying but didn't weigh the risk of buying. About the speculation of a thing, you will have to say something regarding your view and analysis of the market, and there are also speculators with about 95% accuracy. Yes, you read it rightly. They do not have to be God to get to that level but to continue training until they are very good at it. Such traders are few but they exist, and of course, a human being like you.

Now, what I fault about the guy is that he is not considering the high price of Bitcoin and the potential retracement/correction, and the extent to which the market could fake investors at this high level. This could also cause uninformed investors to lose because I have seen some of them buying at high levels and saying their investment lost more than 10% pretty fast which scared them to close it quickly to avoid losing more. Needless to say, Bitcoin will not earn so much for investors anymore in this season but for futures traders, so the hyping of it by him as though one can still make a life fortune from it is uncalled for.

I agree that he over-hyped bitcoin by saying that simply investing in it can change our lives and he also failed to mention the risks of investing. But I also disagree with you about what I bolded. It is true that bitcoin's profits are not as large as they were many years ago, but the profits that bitcoin gives us are still very significant if we compare them with other assets. In addition, earning more or less profit will depend on the mindset of each investor and not entirely on the assets we choose.