A lot of people come online making rounds series of predictions on what becomes of prices of the two most popular cryptocurrencies. This action has cost series of newbies a fortune which they lost to investment based on such predictions.
2017 was a great year for some people in bitcoin and ethereum trading while it was a doom of some most especially those that were then new to cryptocurrency. Some of these people are yet to recover from lost to the investment at the time bitcoin traded at over $18,000. We have seen another one recently with the last and very short bull run.
Will this be another blow to the prediction based investors?
Sometimes me seems that our world is full stupid people, which are prepared to invest money on the first pointer on forum. Would you invest your money on the advice of a stranger on the street? No? Then why are you investing money on the advice of strangers from the forum.
If the person doesn't ask the crypto investing question on the crypto forum, where he/she is supposed to ask? In the online forums, blogs, platforms people search the receipt in order to solve their problem and today's biggest problems are linked to the banking system. The current crypto industry may not fully replace the whole banking system but the banking mechanism will die slowly. Before this happens, every person has a right to invest in developing crypto projects like other investors.
