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RE: The price of Bitcoin hasn't been fun, but have some perspective
Although I'm in agreement with most in your statement I cannot agree with leaving your money in the hands of "financial professionals".
Most of the youngsters that made millions in bitcion did it without any advice from a financial professional and most financial professional out there won't give you sound advice or make you money. If you know of one that actually makes you money let me know.
Agreed. I don't even open posts like that.
And do a lot of research. One of the best posts I've seen is one by @lukestokes - Did You Know You're Part of a Financial War?
The most interesting part for me in that post is a source article that was written by Super Crypto on the Medium platform - 4th Dimension: Bitcoin-Manipulation-Cartel — Price-Suppression is their Goal which explains the dip and pulls it through to Gold in Silver. This, for me, is by far the best explanation of the current situation because in the real world (one outside the programme) Gold & Silver is the only true money out there.
Very interesting read if you have the time.
Sorry for being unclear. I was saying that you should not be speculating in cryptocurrencies if you have not been trained in finance and you do not know what the "efficient markets hypothesis" is or what the Sharpe-Lintner capital asset pricing model and the Black-Scholes options pricing models are.
I'm not making any predictions here. Just warning people to not get suckered. I haven't yet seen a single analysis here of cryptocurrency market prospects that is worth the paper that it's printed on.