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Topic: Why you should stay off from market prediction - page 11. (Read 4762 times)

member
Activity: 336
Merit: 10
Price prediction has always been part of this market and I think they add to the rise and fall of the market. People can act on predictions such that they rush into the market. It wouldn't be always right but it guides one's decision.
newbie
Activity: 25
Merit: 0
Many people fell victim of this and as such lost there funds due to incomplete information before making predictions.
sr. member
Activity: 658
Merit: 250
yes you should be able to stay away from the predictions in the exchange place because the conditions of the bitcoin and some cryptocurrency prices have movements that are very difficult to predict and when you believe the prediction in the market is almost inaccurate.
newbie
Activity: 41
Merit: 0
One of the properties of a good trader is ability to predict the movement of the market. But it may not be really advisable to make prediction during sharp uptrend or sharp downtrend because most predictions made at this period seems not to work out fine.
member
Activity: 700
Merit: 10
We should not put too much faith in predictions. It may be right or it may be wrong. And as an investor, we should limit investment incorrectly. Be confident with your decision and invest it with strategies that fit the market situation.

Its true, we should assume prediction is second opinion. Every investment we made, its should based on our analysis not others people analysis or prediction. Research before making investment will minimizing risk on our investment
full member
Activity: 420
Merit: 103
First of all, we must rely on ourselves, we ourselves must be able to analyze the current market. Because, blindly believing that the predictions of other people will prove to be right, it is dangerous for our money
member
Activity: 390
Merit: 11
There are so many predictions this year are wrong. So I do not believe in it anymore and it is better for us to work out how to be able to learn exactly what the possibilities are.
We can find out what prices can happen depending on the development of the crypto currency. If it is a good idea, it will definitely increase the demand and can be a result of price hikes.

I agree, where when I see some predictions and coin signals and I apply it to trading, it makes me worse off, until I conclude that predictions and coin signals will lead us to one point and they will take another point. I am currently learning from market trends and analysis because it is more profitable than others
newbie
Activity: 15
Merit: 0
I agree with many guys, I personally never guess what will happen to the course bitcoin, bitcoin is very unstable, and it's hard to guess what the price will be, it depends very much on the news. It also depends very much on how big players will behave themselves, they will buy or sell a large volume.
newbie
Activity: 107
Merit: 0
In General these forecasts are a headache.I have never done this and I will not do it.I believe in cryptocurrency and I don't really care how much it costs.My goal is not to get rich as soon as possible.

Well are you sure that your goal is not to get rich very soon? Because a lot of us here have same goals in life, and this is to become rich with the use of cryptocurrencies.
newbie
Activity: 28
Merit: 0
prediction is not sure thing but we have learn about market
sr. member
Activity: 730
Merit: 250
In General these forecasts are a headache.I have never done this and I will not do it.I believe in cryptocurrency and I don't really care how much it costs.My goal is not to get rich as soon as possible.
member
Activity: 224
Merit: 11
There are many scammers nowadays, and most of them are from traders. Stay away from prediction something in some trading, like they will offer you a perfect trade signals and you will pay them. That is really hard for everybody, it is really really risky, you should keep away on that kind of platform.
full member
Activity: 736
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
Prediction have an impact on the price. I don't rely on others prediction.  I invest on my own research regularly. Unaware investors depend on rumor or other prediction.
Yes it have an impact but we should not rely on it because prediction are sometimes make to manipulate a price on which can cause us a losses and also the market are too hard to predict because its movements are based on the demands. Doing own research is very important for everyone because it serves us a guide to continuously hold a certain coin that could give us a huge profit in the future.
member
Activity: 532
Merit: 10
We can know and think if many prediction are correct how many people become rich person just few time, but there are not one could know prediction of bitcoin or some altcoin price. we can analyze about altcoin price day by day.
member
Activity: 784
Merit: 10
https://streamies.io/
In my opinion, if you accept to participate in the stock market, you must learn to decide and accept the risks and mistakes that you have made. Because the market is hard to predict, it fluctuates constantly, so try to believe in yourself and make the right decision to make a good profit. No one can foresee the future.
newbie
Activity: 99
Merit: 0
There are two reasons first of all it is totally an unpredictable subject and secondly wrong prediction can make big damage and we have to pay big penalty for wrong prediction.
full member
Activity: 1099
Merit: 116
Prediction have an impact on the price. I don't rely on others prediction.  I invest on my own research regularly. Unaware investors depend on rumor or other prediction.
newbie
Activity: 126
Merit: 0
what's the use of market predictions? it's just a speculation and I think it's just nonsense. Bitcoin can never be predicted by anyone.
member
Activity: 260
Merit: 28
Look ARROUND!
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.
That is right, we must not depend on predictions because predictions can be wrong. It can also lead into high expectations. Predictions are just thoughts, opinions, or ideas. It depends on you if you are going to believe those. But you may regret something in the end if ever. So be careful and wise.
newbie
Activity: 252
Merit: 0
Cryptomarket is too difficult to predict and every news can easily damage or build everything.
I think everyone starts to realize that predictions are powerless. So we must be sure of our own analysis.
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