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It wasn't even my post. People who do stupid decisions are at fault that has nothing to do with the picked time points. >Nobody could predict.... Except that
by noxer 4y ago
It wasn't even my post.
People who do stupid decisions are at fault that has nothing to do with the picked time points.
>Nobody could predict....
Except that thousandth of people did and still does at least the people who are informed. Some day the up and down will end as it gets weaker every wave, its very much predictable.
BTC cycles have been ~4 year slightly growing a bit over time. If someone just randomly expect it to be just 1 year and then sells at -50%, its entirely their fault. To do that you have to be stupid twice once to buy without any knowledge about what they buy and then again after they spend a year not educating themself.
No one cheated them, no one defrauded them, no one tricked them into anything. Its 100% voluntary stupidity.
>That's why I am saying you are cherry picking.
I'm not, it wasn't my post, I just pointed out that the times aren't picked by the author but by the release time of the video. He didn't cherry pick a best case point in time either, in fact the video was made after the second large crash in 2018 and the price comparison to now (presumably also after the second large crash in this cycle) It seems very reasonable to point out that the price is still higher now than back then. In fact if you compare 2 points in time 4 years apart that it p much the perfect unbiased pick since the cycled go 4 years.