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RE: A Crypto Noob's Thoughts: Yeah, The Market Still Sucks!

in #steemit7 years ago

That little conversation about buying bitcoin at $14 gave me chuckle because, we know the future right now that it has risen to $7000, but at that time we didn’t know and so it’s like the same as predicting the future back then.

If it goes up, it goes up. The market of cryptos is just like every other market in the world. It is fueled by human emotions and errors, to be good at it requires a level of psychology a trader needs to not only predict price, but people also. Because price represents what people believe in the currency.