My Price Predictions for the 2024 Crypto Bull Run
that title made you want to click, didn’t it?
every guru online loves to give you price predictions on what is gonna happen in the crypto bull run
i’ll put it bluntly: price predictions don’t work
it’s a marketing pitch designed to lure you in to click their, video, article or twitter post, so that you buy their product, their coin, or their exchange referral link
they’re selling you snake oil to appeal to your mid IQ brain:
Price predictions don’t work for a number of reasons:
There are simply to many variables to account for that you would never be able to measure
There is 10,000,000 possible scenarios that could occur in regards to price. Humans massively overestimate their ability to predict which 1/10,000,000 million scenario is right.
Price targets remove fluidity and adaptability from your investing. Targets give you expectations and make it harder to sell earlier if required, or hold longer if required.
No money is made from price predictions (besides clickbait to sell you something). Just because you predicted something would happen, doesn't mean it had any bearing on the implementation of your process/strategy which is what ACTUALLY makes you money.
Profitable investing does not need to know where price might go, it simply needs a thesis for why you think price will go up. The best investors hypothesise both a validation and invalidation thesis behind the asset they buy, they enter when the upside is assymetric, and exit when the thesis has played out.
For example, I bought $TOSHI before it went 4x this month. I filmed a 30 minute video breaking down my EXACT thesis for why I bought at the exact bottom. THIS is how you do investing properly. Video is here:
https://www.loom.com/share/5d1466306f54415db3260b8f7728299a?sid=3495d6cd-cf52-48ec-94c6-5518f38543ed
The worst investors will tell you that you make money as an investor by setting year-in-advance arbitrary price targets where you will sell.
They will base these price targets off 0.01% of the available data that is required to predict the future.
They’ll appeal to your beginner investor brain.
And get rich promoting a coin without telling you they were shilled to promote it.
Would you rather be right or make money?
If you’ve stumbled across my online brand, you’ve managed to find one of the few legit investors in the space.
I don’t often send emails, so if you want more of my ongoing education, I post often in my free telegram community + youtube channel.
(Sometimes I post insider info from my Mastermind, so you might make some $$ to)
I’ll see you inside:
Free Telegram:
https://danstelegram.carrd.co/
Youtube:
https://www.youtube.com/channel/UCIgdMadtFZtXER3tcNcuQkQ