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Topic: do you believe in market analysis published by crypto news websites? (Read 429 times)

full member
Activity: 700
Merit: 182
Sincerely speaking, Yes and noo. Now you can ask what it means? Okay, here are the simple things that I followed from them. I actually followed what they said. After that, I researched that topic on forums too. If I got any news related to that blog, I went to their social handle to get an update. So the whole thing is, after getting some news from that website, I actually did some research by myself to be sure. If I didn't get any news, I'd probably forget that, but if I did get any news, I'd probably take a risk. It is not because of that post, it is because of my confidence in myself and my research. Actually, some say that remembering rumors is everything in the crypto world. You have to stay with rumors and believe in your research. That's it for me.
sr. member
Activity: 1610
Merit: 264
~
Up this. A little bit off-topic, but I am annoyed when reading some crypto news only to be slowed down by gazillion of ads just for their own revenue and they won't even allow you to use AdBlocker, since their site script detects it almost immediately. Some let it slide.
Back to the topic, I am not really fan of reading large charts and statistics. I just hate the toxic side of Twitter, since 101% of people their that do not even have crypto knowledge become crypto experts after day 1, let alone when Musk hyped some coins back then.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
I think interesting most crypto news just say the market is going to crash or rise when it's already happening. Or they post a technical analysis using specific terms enriching the content of the article to indicate in the end the price can go up or down. Or they use third party's words (especially from popular icons of financial world) to say something about bitcoin price fluctuations. They don't predict anything at all and most of these sites are just alive to make an income from ads displayed on the site.

I'm not saying it's an issue and that is actually good they have found a way to make an income online while spreading awareness about crypto universe. I just think viewers shouldn't take such news so seriously when buying or selling their coins. We have to keep in mind this is a volatile, unpredictable market where nobody can predict events accurately, doesn't matter how skilled you are reading graphics and statistics.

The most important is to keep focused on the big picture, the main events that impact bitcoin directly, and forget about minor click bait news. And of course, to believe in bitcoin's potential against the adversities on long run is a must when investing.
Another issue is that the markets of cryptocurrencies moves so fast that a trader could publish their analysis about what the market is about to do and then the analysis could be obsolete in a matter of minutes.

So by the time someone reads the analysis and then they try to take advantage of what the analysis says it could happen it is too late to do anything, or what it was recommended there now is counterproductive, so like always the best option that we have available is to look at the charts on our own and from it derive our own conclusions about what the market is about to do.
member
Activity: 301
Merit: 16
we can't just trust media news to be the source of this market analysis, sometimes I also find some crypto news that is still being debated. Because after all, it must be admitted that it is very difficult to find news. don't trust 100% directly, we also have to do further research to be able to filter the news we read. You should not trust anyone's views except your own pure views. Any market analysis can be a source for consideration or a source of your own analysis.
hero member
Activity: 2562
Merit: 577
It is not always you will find a 100% accurate crypto analysis, different crypto news site will give their analysis base on their own search using their tools which may or may not come out accurate, it is better not to rely on one or two analysis, if you can compare to others especially the most popular which talk about the most, then can draw your conclusion.
legendary
Activity: 2940
Merit: 1083
cointelegraph and coindesk are good websites. they always share the latest and credible crypto news. but often news websites like this publish predictions or analysis about the market. they share the analysis they make every week. and on average the analysis they make seems like the market will always be positive.

Seeing all that, I wondered if anyone would believe the analysis shared by news websites. I personally see their analysis as less realistic. every prediction they share is too pushy. such as the shilling effort for a certain coin. so I don't believe it. what about you guys do you have a different opinion?

As long as it was explained in detail, proper and clear for you to understand, then you can take it as your pointers.

It's not that you need to follow right away but those sources are telling you some of the hints for your possible next strategy. I don't see any wrong with these sites if they are like that. Every insight shared by anyone is already a good contribution for the newbies.
full member
Activity: 2086
Merit: 193
Reading the news takes a very long time, so it is better to get brief information from Twitter.
News is used by market makers for speculation, so it is not worth buying coins when there is a lot of news about them.
You need to be one step ahead and try to look for those coins whose price has not yet risen in order to buy these coins before the news comes out.
This platform has been a great source of news over the past years, no need to say the whole story because a one paragraph news already tells everything and honestly this is also my source of news. Though I read articles if I find it interesting and I only believe on my own market analysis, this is more safe to be used as your guide.
hero member
Activity: 1834
Merit: 879
Rollbit.com ⚔️Crypto Futures
To some degree I would say yes but these analyst's give there own opinions and are prone to be right or wrong...besides these markets can go in any direction even after analyzing the markets with indicators or technical price action, one can still be wrong regardless of the source be it a crypto news channel or a very experienced trader...which is why most of the analysis comes with disclaimers.
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
I think interesting most crypto news just say the market is going to crash or rise when it's already happening. Or they post a technical analysis using specific terms enriching the content of the article to indicate in the end the price can go up or down. Or they use third party's words (especially from popular icons of financial world) to say something about bitcoin price fluctuations. They don't predict anything at all and most of these sites are just alive to make an income from ads displayed on the site.

I'm not saying it's an issue and that is actually good they have found a way to make an income online while spreading awareness about crypto universe. I just think viewers shouldn't take such news so seriously when buying or selling their coins. We have to keep in mind this is a volatile, unpredictable market where nobody can predict events accurately, doesn't matter how skilled you are reading graphics and statistics.

The most important is to keep focused on the big picture, the main events that impact bitcoin directly, and forget about minor click bait news. And of course, to believe in bitcoin's potential against the adversities on long run is a must when investing.
legendary
Activity: 1932
Merit: 4602
Buy on Amazon with Crypto
Reading the news takes a very long time, so it is better to get brief information from Twitter.
News is used by market makers for speculation, so it is not worth buying coins when there is a lot of news about them.
You need to be one step ahead and try to look for those coins whose price has not yet risen in order to buy these coins before the news comes out.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
You can easily track such predictions backwards and find out how precise they are Smiley
Sometimes bloggers delete their wrong predictions and if you check their history you will see that everything is cool and surprisingly precise. Don't trust them, DYOR Smiley
Those people are being extremely dishonest by doing that, anyone that has studied the subject of technical analysis knows there is no way to completely predict what it will happen in the market, and as such we appreciate the honesty of being able to see where their analysis went wrong and why.

However if they delete those mistakes and instead try to keep an appearance of infallibility then you know they are not being honest about what they can achieve with their skills as traders, and as such there is no reason to believe in anything they write and you should look for other sources of technical analysis, or even better you can create your own instead.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
cointelegraph and coindesk are good websites. they always share the latest and credible crypto news. but often news websites like this publish predictions or analysis about the market. they share the analysis they make every week. and on average the analysis they make seems like the market will always be positive.

Seeing all that, I wondered if anyone would believe the analysis shared by news websites. I personally see their analysis as less realistic. every prediction they share is too pushy. such as the shilling effort for a certain coin. so I don't believe it. what about you guys do you have a different opinion?
I do not believe in 100% of the other website or person analysis but I use their analysis to analyze more and find something that can benefit me. If I do not see something, maybe I will not follow their analysis and move to the next coins. I think that depends on yourself because you should find yourself and not depend on the other analysis. If you can do that, you will get something for yourself and improve your skills in analyzing the market. When you have skills in analyzing, you will not depend on them instead, you can analyze by yourself to find the right coin.
hero member
Activity: 2268
Merit: 588
You own the pen
I always like to go for Coindesk websites for any news I want to get in the Crypto world, sometimes I tend to believe the market analysis published once I have to take some decision and sometimes do more research on whatsoever analysis I might want.

That's right when it comes to the news, they are reliable and they always publish good content to read. But I don't rely 100% on their prediction instead I do some research about certain projects if I want to invest in them. You could get some idea with the information they give you but you cannot use that as the main source of data to invest in that coin. Most likely if they're talking about the top 10 coins in the market, you can always use it as a sign to invest but you cannot rush everything until you make a proper investigation before investing.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
I don't really trust such sites. Such platforms do very good research to attract users and readers in the early stages. But later, after both users and readers increase, their purpose becomes purely commercial concerns. The work turns completely into materialism and speculation. I definitely do not invest in them. However, you can easily get bad news on the market through such sites. If such platforms say to invest in a project, don't. But if it also talks about bad news around the world, make sure to keep your assets on the dollar.

You need to be selective, there are sites who provides both news a good one to serve as reference but not an actual basis to put your money into any asset that the site is recommending, the last call is still depends from how you deal with your research and how you think it will help you to gain success from this market.

Instead of worrying about who you trust, it's always better to work with your own understanding, every material that will lead you to gain knowledge, make sure to use it and take the advantage.
hero member
Activity: 1876
Merit: 524
I don't really trust such sites. Such platforms do very good research to attract users and readers in the early stages. But later, after both users and readers increase, their purpose becomes purely commercial concerns. The work turns completely into materialism and speculation. I definitely do not invest in them. However, you can easily get bad news on the market through such sites. If such platforms say to invest in a project, don't. But if it also talks about bad news around the world, make sure to keep your assets on the dollar.
hero member
Activity: 2828
Merit: 518
cointelegraph and coindesk are good websites. they always share the latest and credible crypto news. but often news websites like this publish predictions or analysis about the market. they share the analysis they make every week. and on average the analysis they make seems like the market will always be positive.
That is their own market analysis and predictions, none of those things will be 100% it happens in real life. I'm not seeing it is nonsense but actually this could help to increase prices and create hype once again.

Quote
Seeing all that, I wondered if anyone would believe the analysis shared by news websites. I personally see their analysis as less realistic. every prediction they share is too pushy. such as the shilling effort for a certain coin. so I don't believe it. what about you guys do you have a different opinion?
I'm not going to say I don't believe it because that seems possible due to the volatility of the market but that being said as every week, that is unlikely. The market remains unpredictable and that is a factor why we couldn't tell what gonna happen next. Unless, of these people are now in control the market but I guess they're not and that it finds wrong or somewhat 50:50 IMO.
legendary
Activity: 2212
Merit: 1008
cointelegraph and coindesk are good websites. they always share the latest and credible crypto news. but often news websites like this publish predictions or analysis about the market. they share the analysis they make every week. and on average the analysis they make seems like the market will always be positive.

Seeing all that, I wondered if anyone would believe the analysis shared by news websites. I personally see their analysis as less realistic. every prediction they share is too pushy. such as the shilling effort for a certain coin. so I don't believe it. what about you guys do you have a different opinion?

On the one hand, there are really experienced analysts that follow the market all the time, so I think that they know more than ordinary investors or traders. What is more, it is a really good way to pump the market when someone authoritative shares his opinion and other people take it as the only truth and adjust the market to this news.

On the other hand, I don’t think that you should rely on others. Learn this market by yourself and do your own research. Roll Eyes
hero member
Activity: 2100
Merit: 546
Leading Crypto Sports Betting & Casino Platform
Not true. I don’t know much about Coindesk because I don’t follow up with their analysis, but as for Cointelegraph.com, they don’t do all those pushy stuffs and being too positive with all their analysis. You have to know that analysis don’t predict the market on a hundred percent, it’s under probability.

If you check analysis that are posted by Cointelegraph it is clear that they are not being pushy about it, because from the way those analysis are written you’d know that they are clearly telling you that among these two things one is likely to happen. They use support and resistance to tell what’s likely to happen if the price should hold at a certain level, and what happens if it doesn’t. So no one is pushing you on it.
sr. member
Activity: 1008
Merit: 250
Any shilling article would better not to read, its affecting our psychology to have any investment, i preferred to choose analysis on tradingview and some telegram/ discord group discussion.
Articles made by people who want to make money through visitors to their blogs are news that are deliberately made to make everyone curious, even though every news he wrote has no truth at all, so obviously I will totally agree with what you say, ie stay away from every shilling article.
sr. member
Activity: 952
Merit: 281

Reading predictions or analysis about the market from credible media is good but don't depend too much on their analysis, it should only be an additional reference for our trading decisions. Reading analysis from other people can increase our trading knowledge but all decisions must be based on own analysis.

IMO crypto market is volatile and based on speculations, its yet not established like stock or forex that one can analyse it through tools like fundamental or technical aanalysis. You are right that such news can only be part of your research but final decision must come from your own mind after doing a complete 360 degree research.
Since its your own hard earned money n no one can take much better decision about it except you.
hero member
Activity: 1316
Merit: 502
cointelegraph and coindesk are good websites. they always share the latest and credible crypto news.
Not always, they sometimes shared not really credible crypto news. People just think that these two crypto sites are credible because they are big crypto sites and constantly update their news. However, regarding the contents of the news, it is still debatable whether it is credible or not. That's why we mustn't easily conclude the news is valid or not, even it is published by cointelegraph and coindesk.


I don't think we should be too strict and then overly demanding about exact proportions because of their establishment as a portal to the crypto world, we respect them for the way they regularly update information and post more than other platforms but when the coverage and the network is so large, the information has a degree of truth and falsehood that is difficult to check. They don't cheat, they only post about what they get, can't blame reliability, this reliability is not their role, they are not judges or courts
legendary
Activity: 2814
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
what about you guys do you have a different opinion?
Reading predictions or analysis about the market from credible media is good but don't depend too much on their analysis, it should only be an additional reference for our trading decisions. Reading analysis from other people can increase our trading knowledge but all decisions must be based on own analysis.
sr. member
Activity: 658
Merit: 270
cointelegraph and coindesk are good websites. they always share the latest and credible crypto news. but often news websites like this publish predictions or analysis about the market. they share the analysis they make every week. and on average the analysis they make seems like the market will always be positive.

Seeing all that, I wondered if anyone would believe the analysis shared by news websites. I personally see their analysis as less realistic. every prediction they share is too pushy. such as the shilling effort for a certain coin. so I don't believe it. what about you guys do you have a different opinion?
No I never trade based on any website or third party signals. What we do get from any kind of open resources should be used only for references and not for exact trading. When we try to use any predictions published by such portals may not be effective to get us profits. Even they are effective, we could not expect it to be effective consistently.

Even these days, paid signals are not good for predicting market direction accurately then how we could expect "free resources" will help us in profit making.
sr. member
Activity: 1512
Merit: 326
Seeing all that, I wondered if anyone would believe the analysis shared by news websites. I personally see their analysis as less realistic. every prediction they share is too pushy. such as the shilling effort for a certain coin. so I don't believe it. what about you guys do you have a different opinion?

how strong do you think the predictions from the website are? I honestly do not believe the predictions from the website. better to analyze yourself from several existing sources. and get valid news from multiple sources. the website you mentioned is better at providing information and news about crypto not about predictions or signal thing.



sr. member
Activity: 1148
Merit: 252
Most of them are real news but some also are paid news, so we have to read a lot of source of crypto news website don't just rely on 1 websites.
I really like reading some knowledge and information from a websites with user content made like tradingview because we could see the real opnion from different people to enhance our knowledge in crypto market.
Also following crypto influencer in twitter also make us up to date the news, it's also important.
hero member
Activity: 3010
Merit: 629
Seeing all that, I wondered if anyone would believe the analysis shared by news websites. I personally see their analysis as less realistic. every prediction they share is too pushy. such as the shilling effort for a certain coin. so I don't believe it. what about you guys do you have a different opinion?
I do read the published news of of these websites but I dont buy their own predictions especially if the purpose is shilling a certain coin. Its best to have our own analysis and not relying alone on other sources regardless how reputable they were.
sr. member
Activity: 1582
Merit: 264
Next Generation Web3 Casino
You don't just have to rely on market analysis published on different websites. Rather, these will help you to do your own analysis. You can make a decision by combining these news and your real experience. So don't forget to do research before making any decision.
hero member
Activity: 1960
Merit: 537
Leading Crypto Sports Betting & Casino Platform
Everything is just information for our reference, we should not put our full trust in them. We should not completely trust anything we see in the market, always consider carefully. It's all just for the purpose of FOMO or prediction and it may or may not be true. The best way is that we should equip ourselves with skills and decide for ourselves. The money is ours and we should not give our money to others to use.
sr. member
Activity: 1666
Merit: 268
cointelegraph and coindesk are good websites. they always share the latest and credible crypto news.
Not always, they sometimes shared not really credible crypto news. People just think that these two crypto sites are credible because they are big crypto sites and constantly update their news. However, regarding the contents of the news, it is still debatable whether it is credible or not. That's why we mustn't easily conclude the news is valid or not, even it is published by cointelegraph and coindesk.


For now cointelegraph and coindesk are my most trusted websites for crypto news. Although I admit that not all published news is credible,
sometimes I also find some crypto news that is still being debated. Because after all it must be admitted that it is very difficult to find news
that can make traffic crowded, so sometimes Cointelegraph and Coindesk do seem to exaggerate the news. But when compared to other websites,
cointelegraph and coindesk are still quite good sources of reliable information. Because nothing is perfect in this world, there will be drawbacks,
so if it can still be tolerated it doesn't seem to be a problem. I agree that when we get information about crypto from any website, don't trust
100% right away, we also have to do more research to be able to filter the news we read.
full member
Activity: 728
Merit: 117
cointelegraph and coindesk are good websites. they always share the latest and credible crypto news.
Not always, they sometimes shared not really credible crypto news. People just think that these two crypto sites are credible because they are big crypto sites and constantly update their news. However, regarding the contents of the news, it is still debatable whether it is credible or not. That's why we mustn't easily conclude the news is valid or not, even it is published by cointelegraph and coindesk.

hero member
Activity: 2072
Merit: 656
royalstarscasino.com
Every market analysis can be one of the sources to be considered when we are analyzing the market predictions or probabilities later.
however, this is one of the sources, like what said published in the crypto news. It is also as a consideration or source of our own analysis. But for the decision of our analysis, we can do it by ourselves, not based on them or only follow the media as what they said.
We know that sometimes, the news will be changing very easily, from positive to negative and vice versa. So easily.
That is why we cannot only trust the media news to be a source of this market analysis.
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
cointelegraph and coindesk are good websites. they always share the latest and credible crypto news. but often news websites like this publish predictions or analysis about the market. they share the analysis they make every week. and on average the analysis they make seems like the market will always be positive.

Seeing all that, I wondered if anyone would believe the analysis shared by news websites. I personally see their analysis as less realistic. every prediction they share is too pushy. such as the shilling effort for a certain coin. so I don't believe it. what about you guys do you have a different opinion?
Some crypto news portal uses technical indicators to predict the future price. They support their predictions with facts. Those predictions are actually legit (but remember, those are just prediction. It might happen or might not. You can never know what the next price will be). And then there are other sites that are actually paid for making posts and shilling for certain currencies. Those are just bullshit prediction. You will know when you read one. They will usually be very optimistic about a coin that no one has ever heard of.
legendary
Activity: 1722
Merit: 1014
You can easily track such predictions backwards and find out how precise they are Smiley
Sometimes bloggers delete their wrong predictions and if you check their history you will see that everything is cool and surprisingly precise. Don't trust them, DYOR Smiley
full member
Activity: 812
Merit: 108
cointelegraph and coindesk are good websites. they always share the latest and credible crypto news. but often news websites like this publish predictions or analysis about the market. they share the analysis they make every week. and on average the analysis they make seems like the market will always be positive.

Seeing all that, I wondered if anyone would believe the analysis shared by news websites. I personally see their analysis as less realistic. every prediction they share is too pushy. such as the shilling effort for a certain coin. so I don't believe it. what about you guys do you have a different opinion?
News is vital to any market dynamics, Cointelegraph and Cryptoquant are two channels I'm particularly interested in but of course you shouldn't rely on anything but yourself to make your final decisions.  News is a double-edged sword. If you are wrong, you should use reason to deal with news.  Shilling is only a formality but does not expose the reality and meaning of development, it is an extreme to market sentiment.
hero member
Activity: 2520
Merit: 568
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It is you if you're going to believe them. Every analysis and predictions are just tip of the iceberg and you're the one to analyze those analysis that they're publishing if they're quite reliable and believable. That's the only matter with them because they're already known and usually, the predictions that they're posting is from someone and not actually from them.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
cointelegraph and coindesk are good websites. they always share the latest and credible crypto news. but often news websites like this publish predictions or analysis about the market. they share the analysis they make every week. and on average the analysis they make seems like the market will always be positive.

Seeing all that, I wondered if anyone would believe the analysis shared by news websites. I personally see their analysis as less realistic. every prediction they share is too pushy. such as the shilling effort for a certain coin. so I don't believe it. what about you guys do you have a different opinion?
You are doing the right thing, we must always take such analysis with a grain of salt, we must remember that behind almost everything we read that is sold as a news there is an agenda, in this case it is obvious that sites dedicated to the world of cryptocurrencies are interested in this market going up as this creates clicks and views for their websites.

This is why if you want a reliable source of information to know whether it is a good idea to trade or not then you need to learn how to trade and create those analyses by yourself.
sr. member
Activity: 2226
Merit: 347
I don't care about market analyses too much because it is really difficult to predict this market for even the most experienced person in here. Because it is highly volatile and we never know what will happen when. We must always be ready for sudden rise and falls. Analyses don't work most of the time. For example, there were so many people waiting for the market to go into a bad condition after China's action on cryptocurrencies. But we witnessed the opposite.
But it isnt really that bad on snipping up some ideas which you could possibly get when you do hear out those analysis or some news which you can make use on your fundamentals.
You should need just to be wary on things and make out some research before making further step because not all would really be that relevant or much necessary
and you would find out which one is helpful and which one is just trash or just simply make you confused.
member
Activity: 560
Merit: 57
I don't care about market analyses too much because it is really difficult to predict this market for even the most experienced person in here. Because it is highly volatile and we never know what will happen when. We must always be ready for sudden rise and falls. Analyses don't work most of the time. For example, there were so many people waiting for the market to go into a bad condition after China's action on cryptocurrencies. But we witnessed the opposite.
member
Activity: 868
Merit: 12
I don't take other people's opinion to forecast market. Of course yes, you might have called my attention to it by sharing such news but before hopping in, I would make sure I try to run and balance my own analysis.
full member
Activity: 274
Merit: 101
At any time, taking other people's views, no matter if they were the expert or not, always frown upon to in crypto. When it comes to money, you should not trust anyone's view except your own pureview. That is why I don't bother to read the market analysis or news website regarding crypto.
full member
Activity: 378
Merit: 135
Most of the time the news is pushed out to explain a move rather than predict it. By the time the news comes out the algos have already moved the price and you are likely trapped or about to be trapped at the top or bottom depending on what the news is. Its better to just DCA into a position at technical levels and wait for that move and sell or buy on the pop or dip on those news events.
full member
Activity: 1820
Merit: 107
cointelegraph and coindesk are good websites. they always share the latest and credible crypto news. but often news websites like this publish predictions or analysis about the market. they share the analysis they make every week. and on average the analysis they make seems like the market will always be positive.

Seeing all that, I wondered if anyone would believe the analysis shared by news websites. I personally see their analysis as less realistic. every prediction they share is too pushy. such as the shilling effort for a certain coin. so I don't believe it. what about you guys do you have a different opinion?

IMO, Yes I believe that some of those analyses were correct and some are not, Just always remember that there is no perfect analysis in the crypto market that's why we should only use it as a reference, guide, or comparison to do better decisions when it comes investing with our favorite cryptocurrencies whether in a form of Defi, NFT and all legacy cryptocurrencies that currently traded in the market today.     
legendary
Activity: 1932
Merit: 1273
It is better to do our own diligence regarding to research any particular things before we make a choice. An analysis that comes off from others might have some benefit but in retrospect, the author might have some bias or any particular risk management about why they came up with those kinds of analyses. We must wary that, there is a chance outside of market analysts, some crypto news also have some paid publication to shill some project. That is what I think in regards to the question.
sr. member
Activity: 784
Merit: 252
Therefore you do not have to fully believe. With many sources and you will learn a lot to compare one news to another. Then correlated with the facts on the ground whether it is appropriate or not. Because there is no analysis that is 100% correct, so the question of the level of accuracy is back again. Due to fluctuating market prices, price changes will be very fast and make a lot of difference.
member
Activity: 111
Merit: 10
If I have really plenty of free time, maybe I would read their 'market analysis'. But no, I don't think their analysis carries any merit. If I want to stay updated on some coins, I follow their official social media. Don't want to take any chance by getting news fed to me at second hand by those crypto news or so called analysis.
member
Activity: 728
Merit: 12
In my opinion analysis is not completely accurate and sometimes even useless. However, there is nothing wrong with such market analysis as a precautionary measure. The market is difficult to predict because that's why market analysis is also not completely accurate, only a few percent of market analysis is really accurate, the possibility is small but we still have hope. Time also cannot be compromised in facing a fluctuating market. So the only way is skill that we have, how do we deal with the market, what steps will be taken and so on. And what we should not be left behind is how you control your emotions.
full member
Activity: 1204
Merit: 102

Seeing all that, I wondered if anyone would believe the analysis shared by news websites. I personally see their analysis as less realistic. every prediction they share is too pushy. such as the shilling effort for a certain coin. so I don't believe it.

that's why DYOR is the best. and never believe in what they share, even if the analysis article is written by an expert. they are never objective in making analysis. all the analysis they make is based on their portfolio. so indirectly they want to make the coins they hold go up.
full member
Activity: 1834
Merit: 166
I only read some news about the crypto market to have an idea that how come this news can affect the prices and make buy/sell order based on them but if you say about technical analysis then i don't blindly trust them and see for some strong points that can profit my position but it all depends on how market reacts and these analysis fail at sudden changes.So i am dependent on me for such thing.
legendary
Activity: 2422
Merit: 1083
Leading Crypto Sports Betting & Casino Platform
I for a person don't believe in crypto market analysis, and this is because, as we all know, the crypto currencies are highly unstable, and for this reason, the market is almost 100 percent unpredictable, any body or news outlet coming on to say for a fact what happens in the next hour or days or what price range a coin be trading on in a particular period in time is nothing but just a mere guess, even if it later happen the way they said it, a guess remains a guess and guesses sometimes are right, they shouldnt consider themselves professional in market analysis as this job is a sophisticated one and meant for the professional.

Even as a professional market analyst, market analyzation isn't very effective in crypto, as crypto currencies are a very different kind of assets, they aren't like out traditional currencies that are way more stable and highly predictable by applying several factors, crypto currencies are totally different.
hero member
Activity: 2520
Merit: 711
On these resources I am interested in the latest news and some articles, but I do not read crypto market analysis and forecasts because it prevents me from analyzing a crypto project or coin myself. I usually read news mainly on Coindesk on their twitter account.
sr. member
Activity: 2016
Merit: 283
I believe there some market analyst sharing their information to some sites in the internet aside of FOMO., wherein those trusted sites especially what we see in trading view "newsfeed" because it's very accurate, i mean most of their predictions were informative.. And actually those who give signals are analyst as well in the market but you know there's a big difference when it comes a professional analyst and a analyst base on their experience only. Lol so for me much better to to focus in trading views news feed because for sure you can obtain more information about the market growth rate.
member
Activity: 532
Merit: 13
I always like to go for Coindesk websites for any news I want to get in the Crypto world, sometimes I tend to believe the market analysis published once I have to take some decision and sometimes do more research on whatsoever analysis I might want.
sr. member
Activity: 1722
Merit: 269
cointelegraph and coindesk are good websites. they always share the latest and credible crypto news. but often news websites like this publish predictions or analysis about the market. they share the analysis they make every week. and on average the analysis they make seems like the market will always be positive.


To be honest i don't really care about all those analyses, may it be chart analyses that are trying to predict the future price movements by how the chart behaved in the past or some other type of predictions or analysis. I think in general the quality of news sites or experts within the crypto space is very low compared to other sectors in any industry. Most experts in crypto are just shillers that hype the tokens that they own themself and that they have bought for the private sale price.
hero member
Activity: 2954
Merit: 533
Leading Crypto Sports Betting & Casino Platform
cointelegraph and coindesk are good websites. but often news websites like this publish predictions or analysis about the market. they share the analysis they make every week. and on average the analysis they make seems like the market will always be positive.
that's FOMO news. The author was sharing based on what trend that is still happening right now. if it was discussing about the positive trend and that's a common thing when you're seeing bitcoin was also bullish at this moment.

Seeing all that, I wondered if anyone would believe the analysis shared by news websites. I personally see their analysis as less realistic.
i have the same thought with you but i must also remind you that it's only forecast even if that was aiming for a non sense rate and that's not a big problem. That's why people must have done their own research before try to trust anything.
every prediction they share is too pushy. such as the shilling effort for a certain coin. so I don't believe it. what about you guys do you have a different opinion?
In my opinion that it will be so difficult to find an article that didn't have a promotional. There are lots of paid-for promotional articles. This is the fact. That's why you will be seeing the author mentioned a coin as a refference.
member
Activity: 662
Merit: 11
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cointelegraph and coindesk are good websites. they always share the latest and credible crypto news. but often news websites like this publish predictions or analysis about the market. they share the analysis they make every week. and on average the analysis they make seems like the market will always be positive.

Seeing all that, I wondered if anyone would believe the analysis shared by news websites. I personally see their analysis as less realistic. every prediction they share is too pushy. such as the shilling effort for a certain coin. so I don't believe it. what about you guys do you have a different opinion?
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