08-10-2021, 06:29 AM
If Analysts Were Any Good at Their Jobs, They'd be Called Billionaires
<!-- SC_OFF --><div class="md"><p>They're right about 50% of the time in the stock market, have recently decided to dip their toes into the crypto market they don't understand, where they provide even worse analysis. You might as well flip a coin and decide to buy or sell your crypto.</p> <p>Most don't know shit, their recommendations are solely made because of internal institutional interests, whose ratings are not there to help investors but to help the institution that issues them.</p> <p>'<a href="https://www.newsbtc.com/news/crypto-analyst-ethereum-will-never-again-breach-1k/">Ethereum will never again breach $1K</a>': Sell your Ethereum so we can buy lower. </p> <p>'<a href="https://dailyhodl.com/2021/07/08/bitcoin-to-skyrocket-100x-the-price-of-gold-according-to-top-bloomberg-analyst/">Bitcoin to skyrocket 100x the price of gold</a>': Buy more Bitcoin because we filled our bags. </p> <p>Now I'm not saying all analysts are bad, but the best analyst is always you(Once your DYOR of course).</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/HeIioz"> /u/HeIioz </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/p0y88e/if_analysts_were_any_good_at_their_jobs_theyd_be/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/p0y88e/if_analysts_were_any_good_at_their_jobs_theyd_be/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>They're right about 50% of the time in the stock market, have recently decided to dip their toes into the crypto market they don't understand, where they provide even worse analysis. You might as well flip a coin and decide to buy or sell your crypto.</p> <p>Most don't know shit, their recommendations are solely made because of internal institutional interests, whose ratings are not there to help investors but to help the institution that issues them.</p> <p>'<a href="https://www.newsbtc.com/news/crypto-analyst-ethereum-will-never-again-breach-1k/">Ethereum will never again breach $1K</a>': Sell your Ethereum so we can buy lower. </p> <p>'<a href="https://dailyhodl.com/2021/07/08/bitcoin-to-skyrocket-100x-the-price-of-gold-according-to-top-bloomberg-analyst/">Bitcoin to skyrocket 100x the price of gold</a>': Buy more Bitcoin because we filled our bags. </p> <p>Now I'm not saying all analysts are bad, but the best analyst is always you(Once your DYOR of course).</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/HeIioz"> /u/HeIioz </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/p0y88e/if_analysts_were_any_good_at_their_jobs_theyd_be/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/p0y88e/if_analysts_were_any_good_at_their_jobs_theyd_be/">[comments]</a></span>Kind Regards R