Post
Topic
Board Trading Discussion
Re: When Experts Get It Wrong: A Lesson from Today’s BTC Pump
by
justdimin
on 22/05/2025, 19:48:04 UTC
This is a clear warning of not to follow the instructions given on social media by crypto analysts about the crypto market because some can be misleading and incorrect, making you lose out on an existing opportunity you are in, of hodling your bitcoin for the long term, and not to sell it at a price someone else advised, but sticking to your own analysis of the market that Bitcoin will bounce back if its price declines.

However, how does it feel for those who sold their Bitcoin because of what the crypto trader said, I think they will regret it by now that the Bitcoin they sold at $96k is around $110k today. They are not sure they will find Bitcoin below $100k till the bull run is over.
To be fair, we should all remember that they have as much information and data as we have, they do not have anything more. And that means, if I use it better, then I make more than them, and just because they are experienced, doesn't mean they will be 100% of times better than me, I could sometimes be right.

It's a tough world and I am sure it will be even tougher still, but we are not going to see this become an issue for the long term. Just ignore influencers and what not, and try to make more money with what you can learn. That way, you are not at the mercy of someone else, and you could make more money. I know it's tough, but it can be pretty great, we just need to be careful with what we have, and not repeat the same mistakes.