Quote from: Sticky Bomb on November 19, 2024, 04:57:33 PM

Quote from: Ambatman on November 18, 2024, 05:56:15 AM

Most likely people tend to sell and start getting swayed by blogs that suggests Bitcoin is going to $70K.
I believe we are going bigger doesn't mean others are
And if they hold, There would be no need in been scared of Buying Now.
In a nutshell, I'm advising against trading not encouraging it.

Bloggers harbor the most discouraging effects on bitcoin investment and most of them are up for short-term gains and with trading mindset and people tend to believe them more thinking that more followership entails more wisdom. I also fault people who believe out rightly what these bloggers say without validating it themselves by doing their own researches to ascertain if the bloggers claims aligns with their intentions.

I think it is important to understand that those bloggers are just out there doing their own business, and the more engagement and followers they have, the more money they are generating from their platform. So any investor who is making a rash decision based on whatever they read in a blog is definitely making a big mistake. Yeah I know as humans sometimes we need some form of validation from others who we think are more knowledgeable regarding a subject matter.
But when it comes to bitcoin listening to bloggers who encourages you to sell your bitcoin premature is totally your fault, and you already have it in mind to sell, so you don't blame it all on the bloggers, because out there, there are also bloggers that encourages people to hold their bitcoin for long term and not sell premature. Why don't you choose to follow such blogs. Whatever you do is firstly your choice and you should take responsibility and not blame it on others.