In these days of dip and red candles, I am seeing an incredible number of posts and messages reporting many different predictions.
Experts, Fundamental Analysts, Technical Analysis experts on tradingview... Everyone has its idea. If you follow everything you see, you will buy today, sell tomorrow, and pay a very costly amount of trading fees. And following websites FUD/Shilling is the best way to buy high and sell low near to the dips. Here on Bitfinex, I see about 50-70 different technical indicators, there are thousands of analysts with different ideas in all the world, and you can find every opinion on telegram chat.
And, as Ronald Coase, Economist, said:
If you torture the data long enough, it will confess.
So, with all the informations that we have, we can make any prediction. Bitcoin at 2000$ or 20000$? Well, it is only a question of selecting the right sources.
Please, stop following random news and whales movement and remember this simple rule:
If you invested what you can afford to lose, hodl.
If you are all-in, better to escape.
This is the only rule needed to pass this hard market period alive. Follow it, and you won't give easy gains to market manipulators.
That's a;ways been the bottom line. In all investments including regular savings. NEVER put everything in it.
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