Warren Buffet once said during an annual Berkshire Hathaway shareholders meeting that:
But if you invested $100k into Bitcoin then, you would have a whopping $74.9k right now. ----- Oh, not what you were expecting from the title huh? It's easy to cherry pick dates to sensationalize and create absolutely meaningless clickbait media articles like:
(These are real posts here in the past couple days) Here's a chart with no axis because people like charts but don't bother analyzing them The only reason people are posting these are for clickbait and moon farming.
But even the Inverse Cramer isn't always correct. Somebody once analyzed 700+ of Cramer's calls and found that Cramer was right 64% of the time. Sometimes they're right, and sometimes they're wrong. So it's also important to recognize its corollary:
The only thing I'm sure about in the future is that people will still keep posting shitbait. Edit - Reminds me of this XKCD comic: https://www.explainxkcd.com/wiki/images/3/3f/significant.png [link] [comments] |
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