Topic: Why you should stay off from market prediction - page 23. (Read 4762 times)
Self study and consequently making one's own prediction is good in my opinion. With that you make your own predictions by studying the trends over a certain period and this could be a great guide to success in trading or long term hodling.
Because we know that in the market there are no serious companies with large investments that could give the market stability. At the moment the market is very volatile and the forecasts do, this is an unreliable business.
The market fluctuates a lot and therefore it is important to make sure you read and predict.
Forecasting is not a thankful business, when those who have not received a profit from the forecast will blame you.
in order to always be able to make a profit in trading in this field you should not easily believe in other people's predictions about market price movements that will occur in the near future, I agree if we listen to predictions can make us only be an audience because believing in predictions can make us feel hesitate to make a decision
We have to avoid market prices because my prediction is unclear and always brings negative things. And also sometimes hurts, so it's natural that we must avoid unclear predictions
Yes, of course we as cryptocurrency users must avoid the price prediction, so we are not surprised if the coin price we have on the market goes down. And sometimes that can make us hurt.
To me predicting the market are just merely guessing work.as an investor in think it will better if you do away with predicted rise of market as most person guessing it knows nothing about the market
Some of these folks who predict the market are guessing intelligently. They might have some several metrics they are using on like the rates at which wallets are being created, rate of exchanges being opened in every country, etc. So these claims are not entirely non-sense; it depends on the audience though if they would believe it.Guessing intelligently means that they made studies that would back up their predictions and there are times when these predictions actually come close to the movement. But with a market as volatile as this, with movements coming randomly, any prediction, whether intelligent or not, carry the same weight.
To me predicting the market are just merely guessing work.as an investor in think it will better if you do away with predicted rise of market as most person guessing it knows nothing about the market
Some of these folks who predict the market are guessing intelligently. They might have some several metrics they are using on like the rates at which wallets are being created, rate of exchanges being opened in every country, etc. So these claims are not entirely non-sense; it depends on the audience though if they would believe it.
it's better to stay away from market predictions they are given keeping in mind of a bull market and once the bear market started predictions change
Market forecasts can be useful, but there are also many errors. So you can study the forecasts, but still draw your own conclusions.
I fully agree with you and therefore try to avoid market forecasts,they are often confusing.
We should stay away from market predictions ,because there are so many different predicts and this makes you troubled mind if you believe in them, what you gonna do us to monitor yourself in the coin market cap yourself so that you can evaluate for yourself what you gonna do with your coins after viewing the market cap.
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.
This is advertise is theoretical and that is the reason many are trusting these expectations particularly on the off chance that it originated from a well known individual who made wealth through contributing. There's not much on the off chance that you'll get yourself begin trusting these forecasts, what you have to do is have your expectation on where the market is going. Since they are setting down deep roots, you should begin breaking down so you'll begin contingent upon your own market investigation in the wake of perusing outlines and thinking about the news too. 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.
To me predicting the market are just merely guessing work.as an investor in think it will better if you do away with predicted rise of market as most person guessing it knows nothing about the market
The points you mentioned are actually true. Most of the predictions are just either wild guess or just some stupid guess. They guess the value of bitcoin and other crypto currencies using the pattern that are followed most of the previous years, but this is the crypto market. Chances of the price deviating from the previous pattern are actually high. Again some people just make stupid random guess which makes no sense. And lets not forget about the people who gives out guesses to manipulate the market.
Some of the traders will base on prediction in a market don't believe in a chart the price of a coin will pump because of the investors if the group of investors or call it whales wants to pump a coin they going to hype it to increase the price then if the price is high were going to sell it and then the price will become down.
The basis of trading is predictions and you must be able to do that.
because of the basis of trading no one knows when to go down and up. so we must always check. Prediction is the core of bitcoin market. Without prediction, entire market is bound to fail. We invest in bitcoins because we believe that the value of bitcoin will be high in future. That's one kind of prediction.
Also majority of the crypto trades are based on short term predictions. If people stop predicting/speculating bitcoin's price, the market movement will be halted and the growth will be stopped. Bitcoin is largely a speculative asset. Without prediction, nothing will be achieved.
Also majority of the crypto trades are based on short term predictions. If people stop predicting/speculating bitcoin's price, the market movement will be halted and the growth will be stopped. Bitcoin is largely a speculative asset. Without prediction, nothing will be achieved.
I agree with you, market predictions are important for tomorrow as a picture, at a minimum we will know what will happen tomorrow even though the prediction is also not certain the validity of the truth is true but at least we can prepare everything that will happen, so my opinion predicts it is important especially the world of commerce is a necessity now that modern times are all sophisticated so if you miss the information it can be said to be less updated.
I think prediction are useful anyway they are make us aware chances to make profit and losses.
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