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Nobody can predict the market, analysts write all kinds of stuff, mostly hopium.

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by COINS NEWS 63 Views

The market is unpredictable and that is my firm opinion. I'm an ordinary crypto investor who thinks he doesn't know too much, but I know more than just the basics.

It's hard to predict this market, maybe a strong government will pass some law again with aiming/attacking cryptocurrencies, creating their own "digital" crypto-currencies, voting for higher taxes etc. so the price will drop until it recovers. It happened before and it is happening now.

For these reasons, it is not at all clear to me why anyone listens to what crypto analysts are saying (with all due respect, people who know much more than I do, but I don't see that they can predict the market. At least there are few who can come close to it.

2020 and 2021 were full of all kinds of expectations, BTC $100K EOY, and there are those who predicted even more. Take a look

As a crypto beginner, when I started entering, I watched a lot of YouTube channels, read price prediction forums. It almost never worked, even when I saw that we were definitely going into a critical winter, the media was full of articles and analysts saying that it was not true.

I know that a lot of crypto "influencers", analysts etc. have a bad impact on crypto. People believe the, invest, lose money, call crypto a scam, give up on cryptocurrencies.

submitted by /u/middlemangv
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