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Should I trust news comments from traditional fund managers and finance wonks?

Bitcoin Reddit

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It would seem as though every day there are new news articles that pop up in my Google News feed based on some bearish quotes from traditional finance guys with negative outlooks on Bitcoin and other crypto. Now I’m still relatively new to crypto (only about two years time paying attention / investing) but it would seem to me that these guys are either: 1. Incompetent when it comes to crypto markets and cycles, and the underlying fundamentals of both the technology and belief in the movement. 2. Incentivized to bet against crypto to either steer more people into traditional and stodgy funds, or are simply betting against the market.

Am I missing something here, or am I thinking along correct lines?

submitted by /u/HCST
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