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CoinBureau predicted September 2021 to be a top of this cycle. You should take these price predictions with a grain of salt always

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by COINS NEWS 216 Views

If you check coin bureau videos discussing various crypto projects in last few months he predicted multiple times that September is going to be a top of this bitcoin cycle.

Looking at most S2F models and plan B model, you can easily see the top to be around end of year with 100k-150k (if you believe those models).

But I remember him being quite rigid with his predictions last month but now he doesnt mention how it didn’t follow through his prediction.

You might be wondering why do I care?
Well I don’t care about predictions of youtubers or most crypto influencers unless they give proper reasoning (like S2F models). But one of my colleague is a huge fan of coinbureau and copies his portfolio exactly. Guess what he did in the last week of September? He converted all his holdings to stable coins to ride out the crash!

And now he’s waiting for a better entry point to re enter the markets as everything pumped 15-25% this month. I really hope he learnt his lesson.

I for one am a huge fan of coin bureau for the knowledge he shares with us plebs. But you should never follow people blindly when your money is at stake (no pun intended).
Especially the ‘price predictions’ made by your fav YouTuber.

submitted by /u/never_trust_a_whale
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