Have you ever experienced a moment where someone is saying that a huge market crash is inevitable? Or maybe you have watched a video some expert with a legion of followers was declaring the same fact?
I've seen plenty small names and even big names who are just constantly doing that so I decided to have a brief overview why most of these statements are false and they are just created for marketing purposes to attract more followers, not to warn an investor.
Bearish bias and perma-bears are doing it for wrong reasons and investors shouldn't be too much into this apocalypse of the financial markets stuff. In fact the bearish bias in the market since 2008 is probably the costliest human bias in finance.
Yet many of the best-known Wall Street pundits are persistently pessimistic and many of them have been around for decades. These are all incredibly smart guys who do amazing analysis that mostly points to an imminent large-scale bear market. And yet the evidence shows these forecasts are almost always wrong. Why do we keep reading their stuff? Because it sounds really smart! The forecasting business has very little accountability and is mostly about marketing and sounding smart, not accuracy.
If you looked at the chart you instantly figure out that markets in a long run are always long. It seems a lot like perma-bull and none like perma-bear and charts speak for themselves.
Two graphs with two very different instruments - bitcoin, which only appeared 13 years ago and DOJI 120+ years. Nonetheless they look quite the same - curve which constantly goes up.
Obviously there are times where shorting is probably the only option, but is less often when you think.
Financial markets reflect in human progress and it is going faster and faster.
Smart investors set and forget or know what majority don't know, but most people who pretend that they can predict the crash and do it constantly without any any good reasons (markets are overextended most of the time and they form new higher price value zone again and again) just trying to do that for all the wrong reasons.
Don't fall into the category of naive believers. Do your own due diligence, trust statistics and what you see, not what you hear.
Good luck with investing and trading.
I've seen plenty small names and even big names who are just constantly doing that so I decided to have a brief overview why most of these statements are false and they are just created for marketing purposes to attract more followers, not to warn an investor.
Bearish bias and perma-bears are doing it for wrong reasons and investors shouldn't be too much into this apocalypse of the financial markets stuff. In fact the bearish bias in the market since 2008 is probably the costliest human bias in finance.
Yet many of the best-known Wall Street pundits are persistently pessimistic and many of them have been around for decades. These are all incredibly smart guys who do amazing analysis that mostly points to an imminent large-scale bear market. And yet the evidence shows these forecasts are almost always wrong. Why do we keep reading their stuff? Because it sounds really smart! The forecasting business has very little accountability and is mostly about marketing and sounding smart, not accuracy.
If you looked at the chart you instantly figure out that markets in a long run are always long. It seems a lot like perma-bull and none like perma-bear and charts speak for themselves.
Two graphs with two very different instruments - bitcoin, which only appeared 13 years ago and DOJI 120+ years. Nonetheless they look quite the same - curve which constantly goes up.
Obviously there are times where shorting is probably the only option, but is less often when you think.
Financial markets reflect in human progress and it is going faster and faster.
Smart investors set and forget or know what majority don't know, but most people who pretend that they can predict the crash and do it constantly without any any good reasons (markets are overextended most of the time and they form new higher price value zone again and again) just trying to do that for all the wrong reasons.
Don't fall into the category of naive believers. Do your own due diligence, trust statistics and what you see, not what you hear.
Good luck with investing and trading.