A few tips, especially for beginners in the crypto space:
During every market cycle, many influential figures and asset managers love to promote sky-high BTC price targets.
š Back in 2017, numbers like $400,000 and even $1M were frequently thrown around. While these predictions create a lot of hype and engagement, they also help draw in more retail investorsāfor better or worse.
Hereās the reality: These targets almost never materialize. Itās all just clever marketing and nothing more.
ā ļø If you base your actions on these lofty goals and wait for them to materialize, youāre likely to get wrecked.
Instead, focus on realistic strategies. Acting only when these extreme targets are reached will almost certainly lead to losses. Stay grounded and protect your capital. ā