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Don't Listen to Crypto Prophets

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@defime
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People think they know what's going to happen in crypto. But do they? You got prophets of doom saying the crypto bull run is over. Or that BTC is going to $0. Is it really?

You got prophets of glory saying BTC will moon huge in 2021, and that it still will. That his bull run is only delayed or hasn't begun. Is it really?

But none of them know what is going to happen. None of them knew the recent crash would happen from these past 2 weeks. The future is uncertain. You can't know what will happen.

Of course the downers wills ay it was inevitable. They couldn't predict wen, but it was going to happen. Obviously it was going to happen, but wen is the whole point of predicting.

Obviously, after a bull run, what happens? The bear comes knocking. Obviously after the prices soar, sell offs happen and the prices sink. Obviously.

But wen? No one predicted the bas news that sold like hot potatoes was coming? What news? Musk tweets. China and US regulations, taxes, etc.

No one knew that was coming. But it happened. The downers are happy because "I told you so". Great. Have your moment of spiteful joy.

It didn't have to happen. It could have happened at the end of this year when the bull run was expected to be over. That's the only thing both sides expected. An end to the bull run in 2021.

And then we got this extra hole in between our prophesied end of year bull run exit.

So where do we go from here? Are there still buyers in the mainstream? Corps? Retail? Prob just corps.

I think retail are the ones who are selling thinking they got screwed in another bubble and are taking their losses thinking that's better than waiting around for it drop more and lose more. But the alternative is to hold and wait for the rise again, either this year or in 4 years.

Selling seems like a really bad move, unless you are desperate and need that money ASAP. Hold. Diamond hands for the win.

In the end, no one knows what's coming. Make up your own mind. Do what you think is best for you.

You can and should listen to what crypto prophets have to say, but not listen in terms of doing what they say, acting on what they say will happen, as if that's what is going to happen.

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