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Topic: What are all the golden rules of bitcoin predicting? - page 3. (Read 373 times)

legendary
Activity: 2352
Merit: 6089
bitcoindata.science
Any other golden rules I should know about? I constantly hear about everyone making great gains but I never seem to be able to.


There is no golden rule. You cannot predict the future, neither can famous youtubers.

We faced a very strong bull market, and the price is still about 300% up since 1 year ago.

What to hear the most successful  and widely adopted strategy that you should know? HOLD.

In long term, if bitcoin becomes achieves what it proposed, you will make a lot of money just buy holding, probably more than trying  to predict the future "buying the rumor selling the news".
legendary
Activity: 2044
Merit: 1018
Not your keys, not your coins!
"Buy the hype, sell the news"
Buy the rumor, sell the news. That saying reminds you to buy rumor that can create price dip and sell with the news when price would rise with good news.

If you buy the hype, you will be stucked at all time high or temporary peak, you will be challenged by later dips. If you shake out, you will cut loss and end with loss.

Nobody can predict the market. If you know any investor say, I can predict the market and believe me, my prediction is 100% correct. The best thing to do for you is don't listen to that person.
member
Activity: 173
Merit: 20
So. I heard recently from one of the few more level headed crypto youtubers. "Buy the hype, sell the news" or something. Basically she predicted the SNL doge crash. I wish I had watched that video before hand. But that's a new golden rule, buy, then before the news/expectation that it will pump sell.


 One thing I know is never sell at a loss? Maybe? Hold like your life depends on it.

Any other golden rules I should know about? I constantly hear about everyone making great gains but I never seem to be able to.
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