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Topic: Is not a scam ? - page 2. (Read 363 times)

legendary
Activity: 1946
Merit: 1137
August 14, 2019, 02:51:55 AM
#11
The one is called a news
and
The other is called prediction

no, this categorization is wrong in my opinion.
all we have is "businesses" trying to make money. a news site is also a business, a small one and a failing one at that but still a business. what they publish is aimed to earn them more money. most of the times they are publishing nonsense. there is no news or prediction, there is just clickbaits.
in some cases they even go as far as spreading FUD, they may be paid to do it or have some benefit in it.
in short i wouldn't put too much value i read online. i try to make up my own mind specially when it comes to trading, i stick to looking at the charts instead of what people say.
member
Activity: 980
Merit: 62
August 14, 2019, 01:39:41 AM
#10
There are two kinds of articles found on internet,

The one is called a news
and
The other is called prediction

I know the news articles tell the market movement in an opposite manner where a trader can predict that should he enter into market or should he leave

But the 2nd, those are called the prediction articles are real which tell the market movement in the kind of trading analysis, but today I found some prediction articles on the web and decided not to invest in litecoin or I should leave the market as the market is in the bearish trend. But is not a scam ?

If the fucking anchor cannot write an article based on the trading chart then atleast he should write an article in the form of news.

I have stopped reading news in cryptocurrencies websites.
When the bear run was ongoing all those sites were FOMO that we have reached the low and that bitcoin is going to skyrocket at 100k. And every month they said that at the end of that month we are going to see a new high.
Of course this didn't happen again, but still they pushed a lot of people into buying and buying all the time.
member
Activity: 868
Merit: 15
August 14, 2019, 01:04:02 AM
#9
what you follow prediction other news?
If he is not your teacher then it is not right to follow his prediction because in most cases, they publish a kind of news which is mostly lost, it is a trap for the newcomers as they know that the new will be caught in their trap.

contrariwise, those who have aspirations will use them in the beginning because they have more follow-up on how to prevent loss from profiting. Newcomers do more leverage in a short period of time, so they will be more likely to do so and they are more likely to do the damage.

sr. member
Activity: 910
Merit: 351
August 14, 2019, 12:46:15 AM
#8
How in the world you can call that as scamming people? You don't give them your money, they just shared their 'news', and nobody forced you to follow their prediction. At best, that's called low-quality prediction which only based on gut feeling and not proper TA, but you should use your own analysis to decide when you enter and exit the market.

You can't call people a scammer when they said Barcelona is going to win against Madrid tomorrow and it turns out wrong.
copper member
Activity: 81
Merit: 85
August 13, 2019, 11:14:32 PM
#7
Those articles make money based on your views and it can manipulate the market.
As you said, it's just a guess, it's not sure, it's not a scam either.
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
August 13, 2019, 11:04:42 PM
#6
Predictions aren't necessarily a scam, but it can be used to potentially manipulate the markets. Some are definitely legitimate "predictions", those that base their predictions off actual data and not just simply pulled out their butts like how most people do it, but take it as it is: a prediction. If only you knew how much failed predictions the "cryptocurrency market experts" have made in the past, you'd never listen to one prediction again.
hero member
Activity: 2660
Merit: 551
August 13, 2019, 10:03:01 PM
#5
And why the hell are you taking those articles seriously? You are a classic example on how news affects the investors mind. Do your own research (DYOR) mate, take everything with a grain of salt, crypto journalism is one of the worst you can find in the web. And remember that there are no experts here, they are just making a wild educated guess, just like an average Joe in the Speculation board.
legendary
Activity: 2156
Merit: 1018
Buzz App - Spin wheel, farm rewards
August 13, 2019, 08:03:58 PM
#4
a little advice to you,
don't believe the news, because the news can be manipulated,
but believe in the movement of the chart, the chart will never lie,
if we master some chart reading techniques, I'm sure you will smile for yourself because charts are like life,
and the news is only a sweetener, not a reference to determine where the chart goes.
legendary
Activity: 2030
Merit: 1189
August 13, 2019, 08:00:09 PM
#3
The fact that you consider a price prediction article a possible scam indicates that you are too stupid to be risking money trading.

News websites make a best guess prediction about where they think the price will move based on technical, fundamental and sentiment analysis.

This will be partially correct sometimes, and wrong other times. Rather than blaming other people, how about doing your own research and throwing your money away based on your own decisions instead?

What a moron.
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
August 13, 2019, 06:13:48 PM
#2
In short, there is fact and there is a guess.
Fact is BTC is equal to 10,874 USD. It will go to 12,000 USD. Now that is a guess.

Same with what is happening outside this forum which is scattered articles or blogs.
They just call it better like technical analysis or whatever sh1t they call it.
It is still a mere guess.
member
Activity: 538
Merit: 17
So many books, so little time
August 13, 2019, 12:28:06 PM
#1
There are two kinds of articles found on internet,

The one is called a news
and
The other is called prediction

I know the news articles tell the market movement in an opposite manner where a trader can predict that should he enter into market or should he leave

But the 2nd, those are called the prediction articles are real which tell the market movement in the kind of trading analysis, but today I found some prediction articles on the web and decided not to invest in litecoin or I should leave the market as the market is in the bearish trend. But is not a scam ?

If the fucking anchor cannot write an article based on the trading chart then atleast he should write an article in the form of news.
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