Topic: How can prediction results affect the actual market? (Read 509 times)
usually it depends on bad news or good news circulating on several sites, but you have to be careful because not all news can have an impact on the exchange, sometimes only some news from influential people like Elon Musk can give cryptocurrency price movements at the exchange.
News that come to market as a trigger for market movement , if we see bad news price will drop and vice versa. Sometimes fud will not working anymore if market already experience with this FUD. China FUD maybe could be an example that FUD not always working while investors be smarter than before.
The FUD that didn't work was due to a lack of trust on the part of investors, because at the time FUD could be very successful it was because many investors believed in it, so the market turned red and experienced a big decline. 
I've been thinking that now there are many market prediction projects. I'm using X predict market for example.
People will be able to somehow know the market anticipation in advance. Like will the price of btc rise or decrease?
But this information might change participators' choices again, how should we adjust our strategy according to this kind of information?
If you rely on it, i think will be better if not only learn about it but minimalize risk too. Because sometimes their prediction is missed and i think they not give people suggestion how to minimize losses if that thing happened. From what i see, predictor only give price to take profit and stop loss (in future trading) and stop loss can be good in it, but in spot i think better to hold or do something else. People will be able to somehow know the market anticipation in advance. Like will the price of btc rise or decrease?
But this information might change participators' choices again, how should we adjust our strategy according to this kind of information?
Market forecasts are just another option obtained by analyzing trends. When you get new information about the market, you may need to adjust your strategy based on the information you receive. For market forecasts, it is difficult to predict the risk level of cryptocurrencies, and the price trend of cryptocurrencies can never be correctly predicted. But some market forecasts can also make us panic and make wrong judgments. So don't completely believe in market forecasts. Many forecasting tools are not very accurate and sometimes change and cause losses.
But this information might change participators' choices again, how should we adjust our strategy according to this kind of information?
If the same group contains people who trade regularly then they will be making decisions based on predictions. Because the ones who find it bogus (the better informed group in reality) will have already left than group and set up their own predictions.But honestly speaking, you should not focus on such groups and channels. Because the owners are known to pump and dump shitcoins because they own them and they will be selling while the rest of the members are buying them. It is a type of a scam but you cannot do anything legal about it except separate yourself away from it.
I would call it "mis/dis-information" more often. Crypto is full of such groups. Dont fall prey of them. Learn to read the charts and try dummy trading on your own first and then start trading yourself.
i have no any tools for prediction of cryptocurrency market . i see the news and other sites for prediction bitcoin. any market depend on sell or purchase if we sell our coin market goes down but anybody cant initiate the market risk at time.
if you skill in analizing market , you can make your own prediciton. Trend recognizing be first thing we have to learn so we will in which direction price will move. Fundamental or news as trigger to support the trend that describe in chart. usually it depends on bad news or good news circulating on several sites, but you have to be careful because not all news can have an impact on the exchange, sometimes only some news from influential people like Elon Musk can give cryptocurrency price movements at the exchange.
News that come to market as a trigger for market movement , if we see bad news price will drop and vice versa. Sometimes fud will not working anymore if market already experience with this FUD. China FUD maybe could be an example that FUD not always working while investors be smarter than before. 
I've been thinking that now there are many market prediction projects. I'm using X predict market for example.
People will be able to somehow know the market anticipation in advance. Like will the price of btc rise or decrease?
But this information might change participators' choices again, how should we adjust our strategy according to this kind of information?
People will be able to somehow know the market anticipation in advance. Like will the price of btc rise or decrease?
But this information might change participators' choices again, how should we adjust our strategy according to this kind of information?
Predictions also helped us formulate a good idea and mindset, but I failed to follow one time this year that's why also suffered with my altcoins holdings.
That really affected my asset, because I didn't listen to what I seen on bitcoin market which is reall happening right now and it affected a lot of cryptocurrency coins to drowned on their respective price so cheap.
When you're in a market or want to jump into a market to trade you don't have to rely on predictions from big sources cause most of this people already bought the coin before dropping the news. Though some of this predictions turns out to be right but you know it's unlike forex factory that gives you the current news on when to trade. In crypto you need to be very careful and practice risk management or you might end up blowing off your account
For me such information is just a reference. Because I personally will remain consistent in what I will do. Like buying for today, and will sell it 2 years later. It's not really short term advice, but I want to say that your own decision is enough to help you trade.
One of them is that we must collect various information from several market sources, and share information with each other so that we can notify each other of updates on each price in the market. Of course, it is not an easy thing to predict, because the circumstances when trading in the market will determine the price of the coin. In my opinion, learning and knowledge will certainly provide an opportunity to determine market conditions in order to predict them.
I've been thinking that now there are many market prediction projects. I'm using X predict market for example.
People will be able to somehow know the market anticipation in advance. Like will the price of btc rise or decrease?
But this information might change participators' choices again, how should we adjust our strategy according to this kind of information?
People will be able to somehow know the market anticipation in advance. Like will the price of btc rise or decrease?
But this information might change participators' choices again, how should we adjust our strategy according to this kind of information?
Many predictions projects? I don't think I have come across any or were you referring to predictions by experts and analysts.
Nevertheless, let me ask, all the prediction projects you came across with their scores of predictions, how many of those predictions actually worked? For a long time now, we have seen that predictions hardly work because of many market influences and factors such as fud, manipulation, hype and so on; all these plays a role in either pumping the market or dumping the market. Remember when Elon made a statement about Bitcoin and the market reacted by dumping and recently when a good crypto event was launched, the market reacted by pumping. I think the truth is, predictions might work but the influence is always small and most times it works if there is no bad news and vice versa.
Therefore, I don't think there is any prediction projects which can track the movement of Bitcoin or the market correctly, you just have to trade carefully or focus on good coins for long term.
I've been thinking that now there are many market prediction projects. I'm using X predict market for example.
People will be able to somehow know the market anticipation in advance. Like will the price of btc rise or decrease?
But this information might change participators' choices again, how should we adjust our strategy according to this kind of information?
Anyone who understands about cryptocurrencies, surely they can give predictions. However, a prediction can not necessarily be used as a conclusion. Crypto activity in the market, always changes from the prediction results, so I dare say that the prediction results are not very influential. People will be able to somehow know the market anticipation in advance. Like will the price of btc rise or decrease?
But this information might change participators' choices again, how should we adjust our strategy according to this kind of information?
Firstly, No one is perfect and the reality is "crypto industry is always unable to predict". For example, a few are able to understood the biggest bull run of the beginning of this year. Secondly, don't go for anyone predict if you don't know that person/institutions welly. Rather focus one or two currency at a time, collect news for fundamental analysis and take position according to your asset if you think that is best for you but Don't rely on any tools blindly
Maybe focusing on two currencies will be a good idea so he does not have too long to analyze. Maybe bitcoin or ethereum can give them a chance to make a profit than the other coins. It is better to analyze by ourselves to find the time to trade or make investments and not depend on other people we do not know. We should depend on ourselves in crypto because that will improve our skills in trading and investment, which can impact making a profit in the future.most for new people is to follow the signals given by friends or other people. and some are just trying their luck with the origin of choosing assets.
there is no definite reason or way we can do proper analysis and planning. I'm sure all plans have a 50% chance of success.
I've been thinking that now there are many market prediction projects. I'm using X predict market for example.
People will be able to somehow know the market anticipation in advance. Like will the price of btc rise or decrease?
But this information might change participators' choices again, how should we adjust our strategy according to this kind of information?
Prediction and accuration have slight difference as you could only predict the prices at certain levels and make your move like buy or sell order placed on any exchange but there are some decisions which can affect the prices which cannot be predicted unless you have any insider information on that decision.Like the prices were increasing you have buy or sell then suddenly there is btc adoption or ban somewhere that could move the market so you can't accurately predict that scenario but making judgement and have Market information you could turn some positive points in your support which can be used in profit making.But accuracy is difficult to achieve or impossible in this volatile market. People will be able to somehow know the market anticipation in advance. Like will the price of btc rise or decrease?
But this information might change participators' choices again, how should we adjust our strategy according to this kind of information?
Firstly, No one is perfect and the reality is "crypto industry is always unable to predict". For example, a few are able to understood the biggest bull run of the beginning of this year. Secondly, don't go for anyone predict if you don't know that person/institutions welly. Rather focus one or two currency at a time, collect news for fundamental analysis and take position according to your asset if you think that is best for you but Don't rely on any tools blindly
Maybe focusing on two currencies will be a good idea so he does not have too long to analyze. Maybe bitcoin or ethereum can give them a chance to make a profit than the other coins. It is better to analyze by ourselves to find the time to trade or make investments and not depend on other people we do not know. We should depend on ourselves in crypto because that will improve our skills in trading and investment, which can impact making a profit in the future.most for new people is to follow the signals given by friends or other people. and some are just trying their luck with the origin of choosing assets.
there is no definite reason or way we can do proper analysis and planning. I'm sure all plans have a 50% chance of success.
Predicting the market is a difficult thing, don't rely too much on predictors because the market can change with the market. the important thing is that you have to understand the market, understand the stability of the coin, and know when to buy and sell coins. It sounds easy enough but you need to control your emotions to do all these things. You have to be really patient to monitor market developments.
Firstly, No one is perfect and the reality is "crypto industry is always unable to predict". For example, a few are able to understood the biggest bull run of the beginning of this year. Secondly, don't go for anyone predict if you don't know that person/institutions welly. Rather focus one or two currency at a time, collect news for fundamental analysis and take position according to your asset if you think that is best for you but Don't rely on any tools blindly
Maybe focusing on two currencies will be a good idea so he does not have too long to analyze. Maybe bitcoin or ethereum can give them a chance to make a profit than the other coins. It is better to analyze by ourselves to find the time to trade or make investments and not depend on other people we do not know. We should depend on ourselves in crypto because that will improve our skills in trading and investment, which can impact making a profit in the future. I do believe that there is a good chance we could make a decent return thanks to using automated tools but the reality is that we are talking about something that is automated, as in preprogrammed.
Yeah, if you are taking about trading bots, which has been taking this market already. That's why when it is triggered, there is a sudden dump in the price as speculators (shorters), have set it like that.
It means that when there are chances in the crypto market we may end up seeing something that we never expected before and that is the risk we are taking, I am not really interested in taking those type of risks, it is really not that smart to let something automating handle all the things I should be doing manually, if the situation changes then automated can't change itself, it is not like some smart AI, it is just some programming, whereas I myself can change whatever I want according to the situation at hand. Which is why I never really enjoyed automated tools, bots or whatever, they are good for a while, but in the long term they are too dangerous and risky.
Still based on human intervention, if traders didn't set up well then obviously they will lose money very quick. That's why I think there are still some old school traders in the market. Who uses their gut and experience for their daily trading activity and not rely on bots or automated software to do their task.
But this information might change participators' choices again, how should we adjust our strategy according to this kind of information?
Never mind predictions and speculations. Predictions will stay predictions, so is speculations.
The market is volatile and most predictions are bound not to happen no matter how good it was backed up. Predictions are not meant to follow but it just giving us some previews and insights on what will happen in the given timeframe.
You have your own strategy so just follow it.
I've been thinking that now there are many market prediction projects. I'm using X predict market for example.
People will be able to somehow know the market anticipation in advance. Like will the price of btc rise or decrease?
But this information might change participators' choices again, how should we adjust our strategy according to this kind of information?
Well, my question to this is, Since you have been using that service, did it seem correct to you? have you been able to make the right decision doing your crypto trading with this prediction? I understand with a lot of TAs understanding, some people might be thinking they know where the market is headed and might have worked out that way too but I wouldn't always base my investment on those services but will try to check for myself and invest in what I am sure and try to do that at the right time. People will be able to somehow know the market anticipation in advance. Like will the price of btc rise or decrease?
But this information might change participators' choices again, how should we adjust our strategy according to this kind of information?
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