Bitcoin Predictions Are Just Bias in Disguise
🎯 Tom Hougaard: The Honest Truth About Market Predictions!
In this enlightening video, Tom Hougaard shares why predicting the market’s direction is often a futile exercise. Whether it’s gold, Bitcoin, or stocks, the truth lies in understanding trader psychology and avoiding personal bias.
👉 Key Takeaways:
Why predicting market moves is unreliable
The role of trader bias in market opinions
Tom’s candid response to market prediction questions
💡 Join us to uncover why focusing on strategy and risk management is far more effective than attempting to foresee the future.
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but it's really not so interesting to
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know whether this is a winning trade or
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a losing trade maybe I'm am right maybe
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I am wrong it really does depend on how
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many Traders out there agrees with me
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and they back up my trade as well by
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being a buyers when I'm buying or being
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Sellers as I am selling so since I have
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no knowledge of the future whenever
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people ask me where do you think gold is
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going where do you think so and so are
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going say you know what come back to me
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next week my crystal ball is out for
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repair it's a factious way of telling
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people to stop bugging me about where I
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think the market is going because I am
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not Nostradamus I have absolutely no
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idea and anyone who says they think they
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think that the market is going this way
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or that way is because they have a
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vested interest or a bias towards a
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direction or another and that's quite
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fair if you're long Bitcoin of course
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you're going to say that the Bitcoin is
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going to go up and you think it's going
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to go up you wouldn't say I think
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Bitcoin is going down and then you're a
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long Bitcoin the opinion is biased from
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their own position
