Regarding: An article published on 13th March 2020 "2 Months Ago, Andreas Antonopoulos Explained Why Bitcoin Would Crash" by CoinTelegraph. Click Here for the full article.
There is a modern feature of recent drawdowns: by modern I am probably referring to my time in the markets from the 1980s. The emergence of false prophets. A function of perception, self promotion and media sponsored falsehoods.
Markets climb a wall of worry only to leap from the pinical of that pent up fear.
The simple fact is that perma bears and students of market history will always be right once (they are 24hr clocks, not even 12hr clocks who are always right twice) and look smart about their broadcasts of woe (note not forecasts and proactive management of funds under management). When I say looking smart I obviously mean until the final depths of the drawdown when they are shouting loudest and when the market turns on a pin and roars away from them. If you do not understand how damaging it is to your wealth to be wrong at the footings of that wall of worry then you should never start to climb it!
The only record that counts is the contemporaneous one you keep yourself. Use it. The value in it becomes abundantly clear when measuring the pain difference between giving up retained gains and trying to regain lost capital from being short or out.
