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RE: Hope for the best, prepare for the worst

in LeoFinance3 years ago

Oh, man... How I hate the word "experts"... lol... I don't know if you have noticed, but when this virus shit started, they are forcing the word "experts" everywhere... It's like a mantra that is repeating over and over again to convince you that X person knows what's doing, when actually, in reality, 99% are just charlatans...

The same goes for crypto... All these "experts" are speculators that have no idea where the price will go (as everyone else, including you and me...) and their earnings are usually mostly from video views and NOT from their "expertise" in trading or whatever they do...

And regarding the current sentiment around BTC and crypto, for me, it looks very similar to December 2017... But, as you said, I hope I'm wrong, but I'm prepared (and still tweaking certain things) for the worst...


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Hi @ph1102,

Thank you for this thorough comment and I can only agree with you especially with this part:

The same goes for crypto... All these "experts" are speculators that have no idea where the price will go (as everyone else, including you and me...) and their earnings are usually mostly from video views and NOT from their "expertise" in trading or whatever they do...

This is something we need to keep repeating to newcomers: Nobody knows where the market will go, which one will 10X, etc... Nothing is certain and the best way to generate alpha is for you to dive into projects. If you do, even if you lose money you will have learn valuable lessons, skills, ...

Stay safe out there man !

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