Quote from: CryptoBuds on Today at 04:12:21 AM

Quote from: Mpamaegbu on August 04, 2025, 11:40:40 PM

Quote from: Olamidetechie on August 02, 2025, 09:13:43 AM

What do you have to say concerning this?

You guys shouldn't overrate those so-called influencers. Most of them are actually influenza(s) in the real sense of that word. That was how I listened to one of them as a newbie and quickly sold off a vital token as BNB that I should've hedl. The dude "FUDed" on it and I sold off in panic. Look at where BNB is today.

From the screenshot you shared, those months marked in red are supposed to be the real deal months to even get Bitcoin to its peak. Bitcoin is yet to hit $150k and someone is talking of bear season upon us? Come on, that shouldn't be true. Fundamentals are in favour of Bitcoin as of today that can even last it a few months. Just check out how whales are pilling up more Bitcoin. Every dump is quickly eaten up. So, how is Bitcoin going to dump that hard to the $90k region? I don't see it happening this year. Perhaps that may come in 2026.

Although they are called influencers or experts, but at the end of the day, they do not have a crystal ball to know the future. They are just investors pouring money into the market like us, and no one knows what will happen next. It's all just a prediction, and it may or may not happen. So there is no reason to trust their predictions when we can do the same thing.

However, to be fair, there is also no guarantee bear season won't come soon and bitcoin price will never drop to $90k this year. We also can't guarantee bitcoin will hit $150k before the bear season begins. Anything can happen and we, as investors, should always plan for every scenario and do our own research and analysis.

Its totally laughable that there are those people who do already made out some conclusions that we are already in a bear market at the time that they've seen the price do make out some correction without even trying out to think that we've been dealing up with a speculative market in the first place on which there's no guarantees on where prices would be that going. Always expect the unexpected and this should be the best approach when it comes to this manner. Are we already on bear market? No, we arent that still yet peak of the bull run. How do I know? We arent that on the fun part yet but for sure it would be happening for this year if we do based up on the 4-year cycle but as we do all know that there's no such thing about guarantee. -

Dropping to 90k isnt a bear market but rather it would be that lower considering the previous cycle having that 15k price as the bottom. We arent that still talking about bear market since we are just that not finished yet. When you do already have the idea or experience towards this market or simply you've been here for a while, then you wont be that much that highly reactive in compared into those new people who do just recently got in into this market. Its normal that we do have that emotion specially when we are just that a noob but when experience built up overtime then you would be having that idea at least on whats going on.