I had a scary reading from a psychic last month. Is it a bad year for a Earth dragon born in 1988?

No, it is not true. Earth Dragon may be not very fortunate this year, but if they are willing to study or work hard and strong enough to overcome all the difficulties, they will get through the year smoothly. Also it is predicted that their luck may come in the second half year. Just live a normal life with a common attitude.