It is the time of the prophets

[scanderpot]

Only with a small 17 percent hike since the last bottom of bitcoin, the market already begins to dust off its crystal balls to punish specialized media.

Those with more certainty and the most absurd predictions always win the most relevant headlines.

After all, nobody wants to give voice to those who are half right, full of doubts or with more questions than answers.

"I think ..." is worth much less than "I'm convinced and convinced that ...".

And in this sea of ​​certainties of dubious figures, those who buy this type of idea are the ones who suffer the most.

Because, even when they are certain theses, they have their doubts and it is through them that they change their direction along the way.

Those who have heard them can not grasp anything about their uncertainties and remain confident in the thesis with their eyes closed.

In this way, your best defense is to doubt everything, but especially of those who live with certainties.

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[IlVeroNico]

It's up to you to follow only worthy people, with the growth of the crypto ecosystem more and more fluff will enter the space.

[South Park]

Only with a small 17 percent hike since the last bottom of bitcoin, the market already begins to dust off its crystal balls to punish specialized media.

Those with more certainty and the most absurd predictions always win the most relevant headlines.

After all, nobody wants to give voice to those who are half right, full of doubts or with more questions than answers.

"I think ..." is worth much less than "I'm convinced and convinced that ...".

And in this sea of ​​certainties of dubious figures, those who buy this type of idea are the ones who suffer the most.

Because, even when they are certain theses, they have their doubts and it is through them that they change their direction along the way.

Those who have heard them can not grasp anything about their uncertainties and remain confident in the thesis with their eyes closed.

In this way, your best defense is to doubt everything, but especially of those who live with certainties.

People in general hate uncertainty and they are always trying to find a way to figure out what will happen in the future even if we know that is impossible so whenever things are not going in the right direction they will try to look for someone to tell them what they want to hear, this is why even in the current bear market you see predictions of people that say that the bull market is going to appear before the end of the year even if there are only a few days left for that to happen.

[Thiggy01]

There's no such thing as certainty when it come to trading markets.
You have to be neutral to make make appropriate decisions about them.
Emotion tends make us do really bad trades and certainty is one of them.

[CryptoBry]

There's no such thing as certainty when it come to trading markets. You have to be neutral to make make appropriate decisions about them.
Emotion tends make us do really bad trades and certainty is one of them.

Absolutely true. Or maybe we should leave the many emotions and attachments to people who love to do HODL even in the face of many uncertainties and gloom. As for traders, no emotions whatsoever can be needed in making the right and profitable decisions. As of now, many are predicting "glowful" scenarios for 2019 that can happen with the cryptocurrency market and this is just a natural reaction pattern when the year is ending but as to what will really happen in 2019 nobody really knows. Well, all I say is that it is good to hope always but we also have to be prepared for the worst as things will always go down to the law of supply and demand.

[Coinseeker22]

At this time itbis always beat to proceed with caution take small profits and buy back. It is useless to refer anything to news or speculations. You maybe right at that point that people or investors tend to change coarse during uncertainty. All we can do is take risk innour own expense.

[batang_bitcoin]

In this way, your best defense is to doubt everything, but especially of those who live with certainties.

Best defense to doubt everything? including bitcoin?

Nah, you should doubt your doubts if you are starting to feel this way. You are not determined and firm with your plan as you invest to crypto's, this is going to be a long journey and its not just rich quick scheme unlike what people believed before.

[Shtamm_oval]

And you most perhaps it is difficult to understand where the nonsense or the validity of forecasts. We are not the first day on the market and when a person says that Bitcoin will drop to 1k in the near future, we understand that this will happen with a very low probability. So turn on only the brain and not the emotions.

[limtjoehua]

That's a speculation and everyone has a different opinion, it's just that the average of all is made without other reasons, data and analysis. Sadly there are many people who are easy to believe and get caught up in that speculation. A blind decision begins with ambition and greed which often causes us to lose.

[Jating]

If you best defense is doubt then how can you become mature and understand how to take advantages of uncertainty. Of course, people hate uncertain things specially in crypto market. But what can we do when everything is based on speculation? That's why we always say that this market is not for the faint of heart because in blink of an eye, everything changes. It's either you accept it with open arms and take advantages of it or just walk out.

[Vit83]

IMHO too many prophets now in social media. We must choose system Risk/Profit ratio and follow it. Otherwise, your depo lost is a matter of time. 

[Cnut237]

It's a good lesson for life in general, not just crypto: question everything. Much of the media is biased, and everyone who writes anything has their own biases, whether consciously or not. And everyone is influenced by emotions, whether consciously or not. People often want the market to rise, and then try to use logic to convince themselves that this will be the case. Again, it is true for all areas of life, not just crypto.

[alan2here]

At this time itbis always beat to proceed with caution take small profits and buy back. It is useless to refer anything to news or speculations. You maybe right at that point that people or investors tend to change coarse during uncertainty. All we can do is take risk innour own expense.

Each decision is made very quickly when the market rises and falls because no one can predict what will happen to the coins. If you want to invest safely, it is best to trade and lock in profits every day as this will make you feel safer but if you want to risk it is advisable to choose long-term investment because this is an investment that will Bring a lot of profit to you

[ipanks]

We know the market will change and always change from day by day. When we decide to invest, we also know that every investment should have a risk and we need to accept and don't deny. No matter how long your investment, if you can control your mind, you will get what you choose in the future. Trading could be a good choice, but you don't have to listen to many predictions because they are not always right and it's better to have your analysis.

[KryptoKai]

Even nostradamus would be able to predict where this market is heading. One would expect the BAKKT to lift the markets, but then the stock market is crashing right now and confidence in the markets is low. I think we will see frequent ups and downs in the near future, but long term will be up

[Indamuck]

Doesn't seem that long ago when people were calling for bitcoin to be 50k at the end of 2018

I will never take predictions for mainstream news sources like CNBC seriously.  If anything you should probably do the opposite of what they are telling you.  Buy when they say crypto is dead and sell when they are convincing everyone and their grandma to buy crypto.

[x0rcist]

I don't believe in prophets but i do believe in profits.

[Milamol]

...
I will never take predictions for mainstream news sources like CNBC seriously.  If anything you should probably do the opposite of what they are telling you.  Buy when they say crypto is dead and sell when they are convincing everyone and their grandma to buy crypto.

This is one of the investor’s postulates in the stock market. Your statement is true if the crypto market is similar to the stock market in this sense. And if not?

[kingzpro]

I think you are right we should not listen to anyone as most people and media is deceptive and they want to impose their own agenda based on their personal gains that is why i think we should take profits whenever we see decent profit offered and then take new position whenever seem favorable. We should not keep holding forever an year long downtrend has also taught us this lesson.

[adroitful_one]

I think you are right we should not listen to anyone as most people and media is deceptive and they want to impose their own agenda based on their personal gains that is why i think we should take profits whenever we see decent profit offered and then take new position whenever seem favorable. We should not keep holding forever an year long downtrend has also taught us this lesson.

This is not the first time for this sort of downtrend in the crypto scape. That's just how markets work. You can't have a total free fall or people wouldn't invest. You're not going to have a total uptrend either. There's always going to be both good times and bad. I still believe Bitcoin will continue to go up over the next few years, and I hope that any of you that are holding long term continue to do so.