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Bitcoin predicted to reach $̶1̶3̶5̶k̶ ̶$̶2̶0̶0̶k̶ ̶$̶1̶2̶k̶ ̶$̶4̶2̶0̶k̶ ̶$̶6̶9̶k̶ ̶$̶3̶3̶k̶ by expert professional - BUY NOW! SELL NOW! HODL! PANIC!

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by COINS NEWS 210 Views

All these stories, predictions, hypotheses, technical analyses, gut feelings, intuitions, relative concerns, panic posts, click baits, feel good factors, fortunately, are all just stories.

Because someone bought some coin 6 years ago does not give them some super powers when it comes to managing the volatility of the markets.

Because some billionaire decided that cryptocurrency is a Ponzi scheme or a gold mine, doesn’t make it any more accurate than anyone else, because they are entrepreneurs, who by their own accounts, fail all the time. They manage risks.

Because a random on reddit decided that we’re all going to the Moon in a Lambo, doesn’t mean anything at all - they’re a RANDOM ON THE INTERNET!

Projects, memes, hype, teams, protocols, challenges, these are the internet dot com booms days, most coins and tokens are going to fail, even with huge investment, hype and support. However some are going to succeed, the blockchain is not going away, the wheel is not getting uninvented, and they will undoubtably exceed expectations.

So what do we do? Collate, research and look at the empirical evidence; measurable, repeatable, discernible realities.

The truth is a moving target.

The perfect analogy for Crypto markets https://youtu.be/j6N1VRV1PQo

All the best and stay lucky!

submitted by /u/spritecut
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