INVESTING BASED ON MERE PREDICTIONS | Bitcointalksearch.org

lionheart78

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Quote from: upyem2k on September 26, 2019, 08:46:15 PM

Will this be another blow to the prediction based investors?

It will only be another blow if they do not learned their lesson well. I believe there are two kinds of prediction based investors. The first is the one who followed predictions blindlessly and the other one is the kind that verify the validity of the prediction. For sure the first one will suffer another blow since they just invest on whatever they heard, whether it is just a rumor or a fact. While the second one will more likely evade the blow because he is keen on observation and can follow the validity of the prediction on the market.

JCviggen

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we cannot stop the creating of new predictions and the only one thing we can do is to give people an understanding that they should learn on their own and take responsibility for what they are doing

PuertoLibre

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Quote from: AndRE177 on September 28, 2019, 10:43:09 AM

Quote from: upyem2k on September 26, 2019, 08:46:15 PM

A lot of people come online making rounds series of predictions on what becomes of prices of the two most popular cryptocurrencies. This action has cost series of newbies a fortune which they lost to investment based on such predictions.
2017 was a great year for some people in bitcoin and ethereum trading while it was a doom of some most especially those that were then new to cryptocurrency. Some of these people are yet to recover from lost to the investment at the time bitcoin traded at over $18,000. We have seen another one recently with the last and very short bull run.

Will this be another blow to the prediction based investors?

Sometimes me seems that our world is full stupid people, which are prepared to invest money on the first pointer on forum. Would you invest your money on the advice of a stranger on the street? No? Then why are you investing money on the advice of strangers from the forum.

If the person doesn't ask the crypto investing question on the crypto forum, where he/she is supposed to ask? In the online forums, blogs, platforms people search the receipt in order to solve their problem and today's biggest problems are linked to the banking system. The current crypto industry may not fully replace the whole banking system but the banking mechanism will die slowly. Before this happens, every person has a right to invest in developing crypto projects like other investors.

AndRE177

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Quote from: upyem2k on September 26, 2019, 08:46:15 PM

A lot of people come online making rounds series of predictions on what becomes of prices of the two most popular cryptocurrencies. This action has cost series of newbies a fortune which they lost to investment based on such predictions.
2017 was a great year for some people in bitcoin and ethereum trading while it was a doom of some most especially those that were then new to cryptocurrency. Some of these people are yet to recover from lost to the investment at the time bitcoin traded at over $18,000. We have seen another one recently with the last and very short bull run.

Will this be another blow to the prediction based investors?

Sometimes me seems that our world is full stupid people, which are prepared to invest money on the first pointer on forum. Would you invest your money on the advice of a stranger on the street? No? Then why are you investing money on the advice of strangers from the forum.

suhadi88

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There are still many people who have not fully returned their money after it happened in 2018. Predictions are only approximate and not necessarily it will suit what they think. Predictions also require serious thinking, but you don't fully believe in the predictions of others.

Of course, you should also do some research and you should also be cautious about investing and trading. I do short-term trades and do not focus on long-term trading. Using capital is not great and if the price has climbed my direct sell.

leavolnhals

full member

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Quote from: bitkanu on September 26, 2019, 09:51:11 PM

It will not, the prediction based investors are always trading their money in the market but this will be affecting the longterm based investors who only hold their money in the wallet. The prediction based investors are always jumping from one to another coin and never try to keep the same thing for the long term.

For me, a party who will get a really big impact is the long term holders of bitcoin. It looks so sad but prediction based investors always winning the game.

I dont think so. You can see traders boasting about the success of their trading in the short term. For example, one day they can earn 1k $, 2k $ or even 20k $. but every time they fail, they lose, they will never show off about their failure.
I have a teacher who specializes in trading bitcoin, eth, margin trading, and so on.He once said that you should never believe in the glamor of a bragger, because he was and when he was in trouble. defeated, he is always silent and does not share with anyone. there were times when his losses and accounts were burnt, he lost all the money he had earned in 3 months! Every job has its risks.

3x2

legendary

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Don't ever do this " Investing on mere Prediction", 90 percent of the prediction that you happen to read online are staged. They have intentions and people are being paid to spread such news.

Invest only when the product has proved itself and has traits of longevity. Of-course till the time the product has proved itself you will had missed the train, but remember that these money that you are investing are hard earned.

Investing on Prediction is like ambling between two teams where you seems to be betting on home team. How many times home team win in gambling?? favorites are just myths. If the Home team would have always be winning then this earth would be ruled by gamblers.

styca

sr. member

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We need to remember that some predictions aren't genuine. Some predictions are from bagholders of a failing coin, who want to see a price increase so they can sell. Plus there are pump and dump groups that make 'predictions' when it is precisely the wrong time to buy in, in order that a small number of people can profit. In general it pays to research everything, don't just buy in from FOMO or panic-sell for no reason. It takes some time and effort, but if you have an understanding or at least a reasonable guess as to why a particular coin is (or will be) moving in a particular way, then that sets you up much better for gains, and to avoid those heavy losses.

judeafante

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Quote from: upyem2k on September 26, 2019, 08:46:15 PM

A lot of people come online making rounds series of predictions on what becomes of prices of the two most popular cryptocurrencies. This action has cost series of newbies a fortune which they lost to investment based on such predictions.

We cannot stop people from making predictions, a prediction is one of the means people are using to hype coins they are supporting, but every project must have sound logic, to attract investors and make them stay and become their long term supporters.
Every developer has their own predictions about their project, it's part of their system but it should be back up by a good platform that the people will use and support.

metallica101

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Quote from: upyem2k on September 26, 2019, 08:46:15 PM

A lot of people come online making rounds series of predictions on what becomes of prices of the two most popular cryptocurrencies. This action has cost series of newbies a fortune which they lost to investment based on such predictions.
2017 was a great year for some people in bitcoin and ethereum trading while it was a doom of some most especially those that were then new to cryptocurrency. Some of these people are yet to recover from lost to the investment at the time bitcoin traded at over $18,000. We have seen another one recently with the last and very short bull run.

Will this be another blow to the prediction based investors?

Well, you can't stop people from speculating, but the crypto industry should make an effort to educate new investors on some ground rules as quickly as possible after they make their entry. The problem is not that people are making predictions, it is that new investors fail to do research, and instead, they just rush into the thick of things without bothering to look which way is up. Predictions are speculation, and speculation is anything but a certainty, and that is something that they need to understand on their very first day, or they are bound to see losses.

Aldrinx00

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There's a lot of predictions of so called crypto analyst experts, big time investors all around the world but it's not a good reason to invest based on those predictions because it's not guaranteed. Since it's our money we need to research and learn first how the crypto markets works then we invest based on our own knowledge.

smyslov

sr. member

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Quote from: upyem2k on September 26, 2019, 08:46:15 PM

A lot of people come online making rounds series of predictions on what becomes of prices of the two most popular cryptocurrencies. This action has cost series of newbies a fortune which they lost to investment based on such predictions.
2017 was a great year for some people in bitcoin and ethereum trading while it was a doom of some most especially those that were then new to cryptocurrency. Some of these people are yet to recover from lost to the investment at the time bitcoin traded at over $18,000. We have seen another one recently with the last and very short bull run.

Will this be another blow to the prediction based investors?

It just made us realize how unpredictable and how volatile the market is, there are no accurate predictions we can only set up our own actions on what to do when a situation arises, so it's better to set up one for any eventualities maybe we are ok today but tomorrow is a different story.

maydna

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That will always happen in the cryptocurrency world. There will be many predictions and speculations about when it will down and when it will up. We will see another scenario like what we saw in 2017, and at that time, we will see many investors will come back to the cryptocurrency. They will think that the time for them to make a profit comes, so they don't want to be late to invest in any coins. Besides that, we will see the bull run will come to us again and yes, that will bring a big profit like before. But before it's happening, we need to prepare many things so we can surely take the profit.

Ucy

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Well, that is why it's called prediction. Predictions are mere predictions. They could be right or wrong. It also depends on the kind of speculators you listen to. Some are usually honest about how cryptocurrency prices work while other don't.
Also I would advice you to research what you are being taught about cryptocurrency market before investing your hard earned money.

cytpoway121

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Quote from: upyem2k on September 26, 2019, 08:46:15 PM

A lot of people come online making rounds series of predictions on what becomes of prices of the two most popular cryptocurrencies. This action has cost series of newbies a fortune which they lost to investment based on such predictions.
2017 was a great year for some people in bitcoin and ethereum trading while it was a doom of some most especially those that were then new to cryptocurrency. Some of these people are yet to recover from lost to the investment at the time bitcoin traded at over $18,000. We have seen another one recently with the last and very short bull run.

Will this be another blow to the prediction based investors?

Investing based on mere prediction is a joke already; and definitely is a blow
Sometimes you could get lucky and get the profits but most times it looks like a rekt

There’s a need to do it right; dyor and be confident in your investment

aemma

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Price prediction of cryptocurrencies has caused more harm than good. The first thing to know is that, this space is unpredictable and that is the truth, so anyone investing because of what so called experts says is doing so at his own risks. These experts will predict the price of a coin but might end up not investing or even be the first to exit to USDT when the market looks unfavorable. I think by now, people are meant to learn but looks like they are yet to; Bitcoin was predicted to hit $20k last year it didn't, it was also predicted to hit $20k and even more this year too it is yet to and look at the price (although there are some months). Let's endeavour to apply caution all the times.

Febo

legendary

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Quote from: upyem2k on September 26, 2019, 08:46:15 PM

Some of these people are yet to recover from lost to the investment at the time bitcoin traded at over $18,000. We have seen another one recently with the last and very short bull run.

Almost no one bought Bitcoin at over $18000. Price was that high nt even for 24 hours. Even $12000 Bitcoins existed onyl for a month. You had to be lucky to bought them at that price. Even cureent price of $8000 did not exist for more then half year. That gives you a lot of chances to buy this high but still you also had plenty chances to buy Bitoin at lover tehn $8000 in last 2 years.

fudster

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If you wanna check out price speculations, check this thread as it may have already existed long before you register here in the forum. Predictions are also base on what they read on the charts so it has some reference.

Wall Observer BTC/USD - Bitcoin price movement tracking & discussion usually comes up when there are people bold enough to say their speculations, mostly are good information to consider when you are constantly trading in crypto.

Danslip

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Predictions are like high tech individual computers but without a video card. The high-end computer is able to run any last games but it is impossible to play these games without good power by the graphics card. Trading with the other people's opinions is a very dangerous idea and you can lose your hard-earned money just for listening to other people which you don't know personally. Listening to other people is good but trading each prediction will blow up your trading account sooner or later based on my experience. Investing in the cryptocurrencies is profitable but you need to do your own homework and you will say thanks to yourself for not listening to other peoples. If you have crypto guru then it is good having a correct mentorship by the professional investor.

Doranile432

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If i have to invest in altcoins now i will go for old altcoins, they are very stable compare to new altcoins and they have bring investors solid profits over time, they are better choice for long term hodl hands down just like bitcoin, if your predictions is based on old altcoins its still better than predicting on new projects when like only 5% out of 100% new projects are trashes

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