• supernicepojo@lemmy.world
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    4 days ago

    Past trading trends are no indication of future performance. Drawing pretty hopeful pictures on graphs is not an indicator.

    • Jean-luc Peak-hard@piefed.social
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      1 day ago

      Past trading trends are no indication of future performance.

      100%. But that doesn’t mean you don’t take that data into your own personal risk evaluation.

      Drawing pretty hopeful pictures on graphs is not an indicator.

      As you’re side-stepping the argument, I’ll just point out BTC is back up to 107k and I fully expect it to drop below 100k at some point in the future. Anyone who has been tracking it long enough is not concerned.

    • explodicle@sh.itjust.works
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      3 days ago

      It’s not a guarantee but is an indication. In general, the more times something happened in the past, the more likely it is to happen in the future.