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No, that random reddit user doesn’t know what’s going to happen tomorrow, a week from now, or in a year.

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by COINS NEWS 256 Views

Tons of people here are asking others to predict the future of the market so they can make decisions about what to do with their money. This won’t work. And it’s downright financially irresponsible and dangerous.

This market is unpredictable. Even crypto pioneers - after living through past bull/bear markets, analyzing past trends, and doing their due diligence - have no idea what’s going to happen in the near or long term.

Seeing tons of posts and comments asking “are we at the start of the bear market?” “Are prices going to drop further?” “How long until prices get back to xx?”

Nobody. Knows. Every prediction you see/hear/read is speculation. Whether it’s educated speculation or not doesn’t change the fact that nobody knows.

If you are looking for opinions then by all means, continue to ask. Just don’t base your financial decisions on someone else’s speculation/prediction.

Best wishes.

submitted by /u/kthebakerman
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