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Topic: Why you should stay off from market prediction - page 27. (Read 4766 times)

newbie
Activity: 12
Merit: 0
As an investor one thing you shouldn't engage yourself with is Predictions, if you want to be successfully in this Crypto ecosystem, you need to stay off any form of market prediction.

Here are few reasons why you shouldn't engaged with it (market/price prediction)

1. Predictions can be wrong

2. Listening to predictions makes you a speculator

3. Listening to predictions makes you an onlooker

4. Price prediction gives you nothing for today, only false hope

5. Listening to price prediction makes you think in one direction

Finally

Don’t let speculation and assumption make you decide what to do.
I think you are right because doing things like predicting something if you don't know anything about it will only make you frustrated which then leads you to think with a narrowed perspective about something which is kind of looks dumb to me because in the end you just used your time just to do something that might not happen.
member
Activity: 280
Merit: 10
Prediction is totally fine. It is stupidity. I really don't look at price prediction, even if people keep saying that the price will go high up or low down. Just stay with your might man and go on.
member
Activity: 238
Merit: 10
the growth of bitcoins and the entire crypto market is very incomprehensible! for a few years, I realized one is nobody and can never tell how much bitcoin will cost tomorrow! you can only guess! but the only thing I say is that in any case, everything always grows up!
newbie
Activity: 238
Merit: 0
Prediction is actually difficult and a little confusing at the same time because we do not know what will happen.
if I personally predict something I rarely do because it often makes me disappointed
hero member
Activity: 1190
Merit: 534
It is definitely true that we should not blindly trust others opinion and predictions without doing our own research. As we all know that, no one can predict an accurate future but fundamental and technical analysis methods allow us to predict the possibility of trends that might take place in the market in the future and we might use it as one of the parameters while framing the investment strategies. However, relying on it is not recommended.
member
Activity: 167
Merit: 10
You have point though but how do we study the market without predictions? Even sometimes science is based on predictions and so I think they're good. We've just got to be very careful and make good choices only if we believe in it.
sr. member
Activity: 854
Merit: 264
Crypto is not a religion but i like it
 In one hand I can agree with you that this is dangerous to follow the fake prediction but in another hand I can say that I am not an expert to make my own predictions about the movement on the market.
member
Activity: 462
Merit: 17
You just need to analyze the news yourself and draw conclusions. With experience, you can independently make predictions.
member
Activity: 451
Merit: 15
Investor
As an investor one thing you shouldn't engage yourself with is Predictions, if you want to be successfully in this Crypto ecosystem, you need to stay off any form of market prediction.

Here are few reasons why you shouldn't engaged with it (market/price prediction)

1. Predictions can be wrong

2. Listening to predictions makes you a speculator

3. Listening to predictions makes you an onlooker

4. Price prediction gives you nothing for today, only false hope

5. Listening to price prediction makes you think in one direction

Finally

Don’t let speculation and assumption make you decide what to do.
But our prediction may vary on what did the researchers' conclusion. We did not merely guess on what is going to happened, but the fact that we do research in order to prove what we believe is one thing, moreover we are in a hypothetical guess where as it is an intelligent guess, not proves we are not speculating with a mere value in it, but read reliable basis. But really it differs om perspective. One thing that is clear, bitcoin will be the future.
full member
Activity: 468
Merit: 100
I agree with you, we should stay away from market predictions. we must be able to keep ourselves from being influenced by market predictions. because it will make us confused. if you want to invest or trade, we must first study the market price, so we are sure when investing and not affected by the prediction that maybe wrong
hero member
Activity: 2282
Merit: 659
Looking for gigs
As an investor one thing you shouldn't engage yourself with is Predictions, if you want to be successfully in this Crypto ecosystem, you need to stay off any form of market prediction.

Here are few reasons why you shouldn't engaged with it (market/price prediction)

1. Predictions can be wrong

2. Listening to predictions makes you a speculator

3. Listening to predictions makes you an onlooker

4. Price prediction gives you nothing for today, only false hope

5. Listening to price prediction makes you think in one direction

Finally

Don’t let speculation and assumption make you decide what to do.

I highly agree with your statement, especially #1 and #2. Last time, when analysts predict that Bitcoin would skyrocket its value because of Consensus 2018, it failed and even go deeper than expected. I would say that I should stay away from those predictions even if the analysts are right in the past few years in price predictions. Instead of predicting the price, I would rather go productive on what I have been doing to sustain and putting Bitcoin holding and trading on the side.
legendary
Activity: 1834
Merit: 1036
Even in the real world, market prediction or forecasting is essential. A new business will not be set up with out  market prediction or forecasting. Its almost the same as forecasting in the price of Bitcoin. But forecasting needs to be supported with datas and facts like historicals and important date. Example is the Chinese ghost month where Asians try to avoid making business decisions or set up a new business during that period. There would be an impact on the price of Altcoins and Bitcoins just like what happened last year and the other year.
newbie
Activity: 29
Merit: 0
I think, that there is only one right prediction-it's your own prediction, your own research.
member
Activity: 518
Merit: 21
Yeah that is just normal to have a prediction because we too have our own prediction on market price movement for crypto. IT does only matter on how you believe and take it as a reference because somehow there are speculations coming from the experts that are more accurate as they have some evidences that it will happen. Well we have to listen also with them who knows we will be able to be guided accordingly.
newbie
Activity: 32
Merit: 0
For sure, you shouldn't stay off from market prediction. Market prediction is not completely trustworthy but It can support you a lot
newbie
Activity: 34
Merit: 0
I don't understand why you use " stay off" here.  I think that market prediction is really useful and helpful. It can help you a lot If you want to stay longer with bitcoin.
sr. member
Activity: 328
Merit: 250
Yes, predictions could go wrong. Listening to predictions is not bad. But the decisions will still be up to you. As long as you strongly believe in what you know, what other people's saying is nothing. We shouldn't trust all things we see and hear. Only trust our own judgment.
Yes that is right that we should listen to everyone prediction but should take a decision after good study of the market and after full satisfaction. My person opinion is that the current time is the best time for investment because bitcoin price is still low but it will now trade in such a low price for a long time. Therefore we should invest money in bitcoin right now.
jr. member
Activity: 59
Merit: 2
Why so ? to me, not 100% but I believe 80% in market prediction because Predictors are the person have so many experiences in this field, They might spent long time to learn about bitcoin and its trend.
newbie
Activity: 115
Merit: 0
Yes, predictions could go wrong. Listening to predictions is not bad. But the decisions will still be up to you. As long as you strongly believe in what you know, what other people's saying is nothing. We shouldn't trust all things we see and hear. Only trust our own judgment.
member
Activity: 140
Merit: 10
As an investor one thing you shouldn't engage yourself with is Predictions, if you want to be successfully in this Crypto ecosystem, you need to stay off any form of market prediction.

Here are few reasons why you shouldn't engaged with it (market/price prediction)

1. Predictions can be wrong

2. Listening to predictions makes you a speculator

3. Listening to predictions makes you an onlooker

4. Price prediction gives you nothing for today, only false hope

5. Listening to price prediction makes you think in one direction

Finally

Don’t let speculation and assumption make you decide what to do.

In the end, trust what you want to trust and do what you want to do.
But if investor didn't listen other assumption, I don't they will easily convinced to do investment.
At least, you should listen even though you didn't accept their thoughts when you want investing.
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