Pages:
Author

Topic: Why you should stay off from market prediction - page 20. (Read 4762 times)

sr. member
Activity: 1372
Merit: 261
It seems to me that it is simply impossible to predict the exact development of events in the crypto currency market! So of course you can follow the forecasts, but be very careful in this.
Its really impossible to predict bitcoin development. So dont believe on the market speculations, because speculations are not accurate, it will just distract your thinking, and it can make your investments gone to nothing, if you fully believe on it. The best thing to do is to wait for what will be going to bitcoin rather than entertaining speculations spreading on the market.
newbie
Activity: 56
Merit: 0
 You can say one word ! A lot of pseudo traders who are looking for how to cash in on ordinary people Need to look for free channels in the telegram and on YouTube !
copper member
Activity: 36
Merit: 2
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.

Before you start to follow by market prediction try to make your own analyze.

My tips:

#1 Why should you believe this prediction? Who wrote it?
#2 Do own research
#3 Don`t follow to others, try to make smth new and wondering


 
newbie
Activity: 136
Merit: 0
Yes, of course, because sometimes their predictions aren't true and they even vilify coin coin cryptocurrency. I hope those who are like that will regret.
newbie
Activity: 35
Merit: 0
Predictions are the most important things in this business and you must predict. 
newbie
Activity: 152
Merit: 0
all opinions above are true, I personally strongly agree.
and I am not at all interested in market predictions. because it can't be trusted at all.
full member
Activity: 882
Merit: 112
Your Data Belongs To You
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 would say, listen to a lot of predictions but dont follow to any of them.
Interesting enough a lot of TA  so called specialists where calling for moon recently and look where we are now.
full member
Activity: 602
Merit: 100
By the way, I have always been wary of market forecasts. Of course, it would be healthy if the market development could be predicted, but it is too unstable, so often forecasts are simply meaningless.
member
Activity: 434
Merit: 10
It seems to me that it is simply impossible to predict the exact development of events in the crypto currency market! So of course you can follow the forecasts, but be very careful in this.
sr. member
Activity: 1120
Merit: 272
First 100% Liquid Stablecoin Backed by Gold
How will you invest in something if you do not foresee the future of this asset? You need to find some logic to get an idea of the amount you should pay.

For example: I believe that Bitcoin has a large market as a store of value. So I predict that it will come to have a market value close to similar assets like gold and silver. I also predict that with LN it will be a great payment alternative between different currencies, like Dollar - yen. So I imagine it will cost at least 20% of this market.

With this I can also predict projects that have another purpose. As for example Cardano, which I believe will be the best solution for smart contracts. There is a whole niche market in this sense that has not yet been explored. International negotiations, service constraints, etc.

These markets are worth trillions of dollars. Which would put these projects with a value at least 10 times higher than the current one.


  Market is unpredictable, anything can happen in the market at any given time, price value of one coin may goes up and goes down dependent on the volume of investment by the investors in the market, yes, i agree with you on the what is posted in the thread on how to help one individual investors for such investment. Never rely on what is posted on social media from one individual speculation about on what to become of Bitcoin in the market.
newbie
Activity: 126
Merit: 0
Predictions are only speculations and assumptions.
The market is so uncertain and unpredictable.
There are possible pointers in the possible direction the market would take.
Cryptocurrency is a new field and is very subsceptible to changes.
full member
Activity: 602
Merit: 100
You can trust the forecasts, you can not trust. Often come across quite profitable and correct forecasts. Therefore, study them and on the basis of the information received, develop your own strategy.
member
Activity: 378
Merit: 10
More experienced traders and investors are well aware of this, but for beginners your post is very useful. Do not blindly trust the forecasts.
member
Activity: 350
Merit: 11
D.U.G
I do not trust the predictions of other people or any organization, it's just an opinion, I take the time to find out the market, the news

Market forecasts give us an overview of the market. Even though we do not really trust them. But it can give the idea for the next transaction as well as how to manage the money.
Yeah, they might be wrong but some can actually give you good advice , but still all decisions must always be yours. 
newbie
Activity: 56
Merit: 0
I believe that in this market what we get at present we must grab that there is no room for prediction. Because for wrong prediction many people still suffering.
jr. member
Activity: 69
Merit: 1
I do not trust the predictions of other people or any organization, it's just an opinion, I take the time to find out the market, the news

Market forecasts give us an overview of the market. Even though we do not really trust them. But it can give the idea for the next transaction as well as how to manage the money.
newbie
Activity: 71
Merit: 0
This is absolutely right.
I was a huge fan of TAs. I have followed a lot of TAs masters. They have very good indepth analysis based on from several to hundreds of indicators they are aware of. However, whenever they have their analysis showing bullish or a bounce up, the market acts exactly the opposite way. It goes straight down.

All market prediction are about probabilities so you should never believe in it 100%. You may not need to stay off, but dont base on it too  much.
full member
Activity: 392
Merit: 100
I believe it would be just better if you stay off from market prediction if you're into a long term hold because the more you're updated to daily progress of your crypto assets, the more paranoid you become especially when things seems to swerve as planned. The more paranoid you become that the progress of the market will dim your dreams, it may also lead you to sell off your crypto assets too.
newbie
Activity: 27
Merit: 0
I do not depend on others predictions as you cannot rely on them, so I predict on my own.
full member
Activity: 812
Merit: 108
because i don't believe in price prediction because they predicted price on the basis of only one factor which is supply and price history. They have neglected all other factors i.e. Government behavior towards crypto, I have one example Like in India 6th July 2018 Banks officially stopped providing services to exchange and it affect price adversely. It is just one example there are many example which failed the predictions.
Pages:
Jump to: