You can depend on a prediction when you know the ability of the predictor because is not all people that predict bitcoin that knows the analysis of bitcoin sometimes they predict wrongly because they feel to lead people into trouble or make people to lose, so believing prediction it depends on the predictor because not all that predict the price of bitcoin all knows it, both signals givers sometimes they do that to gather firms why they know things, it is good for you to predict on your own with out relying on someone else, so I believe that bitcoin prediction should be something that you should believe fully because alot of predictors make a mistake during their prediction
This means that we still rely on predictions when we want to make a purchase or sell it and involve the level of truth of a prediction back to who we follow and how their indicators are when making the prediction. More precisely it is a technical thing about the ability of the analysis and of course there are times when the prediction shifts from the actual event because the name of the prediction is definitely not always right. When we try to combine some predictions, it will sometimes be more confusing and that's where the ability is needed to give birth to conclusions.
I still believe that predictions are an indicator for someone involved in investment because as a first step we need predictions. The question is, is there another way that people can do besides doing predictions. Prediction is the first step for someone to decide and when they are sure of the prediction they will have conclusions.
Thank you for the question, and let them come out and say if there is a way to deal with the financial market successfully without predictions. Good or bad, you have to predict and trade with predictions.
Traders and investors, new or old must rely on predictions, there is no alternative to this. The predictions could come in many ways but must be from speculations as many methods are there to get these speculations, which are the guide to put traders and investors through in their trading and investment quests.
I don't join anyone to underscore predictions because there is no alternative to it, it has to be done, or else investing in that market would be a blind one which is never advisable. But one thing every trader/investor should write at the back of their minds is that speculative predictions are not an endorsement of what would happen. When the source is good, there is no way the prediction will not have a higher degree and percentage of accuracy. Personally, I rely on the market predictions to act and there is nothing anyone can tell me without using my own brain when it comes to the fundamental reviews. Then I later go to my trading chart to do my own analysis for the last confirmation. It's from there I get my recent predictions of what the market would do both in the long and short-term trading scopes.
In other words, there is nothing anyone can do about this, predictions are needed, you need a guide as you trade unless you just want to be wasting your time. Only that it's better we are analytical ourselves rather than relying on external financial advice from unfounded people, which is one of the reasons why many people fear predictions.
