Why you should stay off from market prediction - page 26.

rightway00372018

newbie

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Quote from: 9jaflick on July 09, 2018, 02:56:47 PM

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.

Why i did not listen to experts price prediction its because most of their prediction about crypto is not true and that the reason why im losing too much of my savings.

itsliss

newbie

Activity: 72

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Well said, prediction has lead a lot og of people become bag holders of shitcoin. Its really good to stay off it, especially short term traders, end result is usually filled with regrets

money_amount

newbie

Activity: 167

Merit: 0

Predictions are just predictions. Anyone who can predict it. Most of the articles on market forecasts usually have no basis for those predictions. This is the reason I do not believe in people's predictions.

GymClassHeroes

jr. member

Activity: 92

Merit: 1

One should never take what one gets online as a financial advice, it always comes with a disclaimer notice

ranman09

full member

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Merit: 112

I think you should have added to your list a caution on pump and dump groups. They are the ones causing most of the false prediction, speculation, and news. Plus they have lots of effort doing this.

Falmera

jr. member

Activity: 280

Merit: 2

Quote from: 9jaflick on July 09, 2018, 02:56:47 PM

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.

If you are a type of person who can be easily discourage better not listen to the predictions. If you easily believe or does not have time to research better not listen to what others especially if non-expert.

zombieservers

newbie

Activity: 31

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Market prediction is important for every investor because he invest in market because he think about estimate period when price will jump on particular time and he get profit. but now many predictor is giving false info and we follow them so we get loss in market so best thing is we need to learn market and charts on our level than take decision.

Sevarchik

member

Activity: 420

Merit: 10

Market predicting comes to the cryptomarket from stock exchanges, but it not working there.
Profesional traders know about it, but all trying making moneys on lie theories

Uno17

member

Activity: 322

Merit: 12

Because there a lot of predictions and speculations that is not true and causes negative decisions and actions like for example panic selling and withdrawals, therefore it is not healthy to rely on predictions and speculations, instead it is better to focus direction and determination and positivity, because that is more effective way.

crossabdd

legendary

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Quote from: 9jaflick on July 09, 2018, 02:56:47 PM

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.

Yes, you are right. investors must think long term. and not easy to influence. like to forget. when you've bought bitcoin for the long term. never see daily prices. it's better to forget and return to your daily activities. so you are not affected by speculation and prediction. and you can return at the time you specify ... for your example back in 2 or 3 years in the future.

ethereumhunter

hero member

Activity: 2912

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Leading Crypto Sports Betting & Casino Platform

I think it is better if we can collect some prediction as our guide to determine the target price especially if we can get an image about where the price or the trends want to go in the next few hours. and by doing this, we can make our prediction base on the prediction and we can place an order to buy or to sell while we can still watch the market so if something is not right, we can cancel the order and make another order. and if we can do this over and over, we don't have to collect the prediction and we can easily to make our prediction base on what is happening in the market.

Layers318

jr. member

Activity: 266

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CurioInvest [IEO Live]

Predictions are not solid, hence must not be given a full trust yet they form part of the strategies with which investors decide when to buy more, how long to hold and when to sell. The best way to follow predictions is to follow crypto experts who predict out of analysis of the market.

wonderfulvn

newbie

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it's not worth waiting for others's prediction because they also don't know what will happen in the future. Instead of that , go and make your own research and your own prediction

Sadlife

sr. member

Activity: 1400

Merit: 269

Price speculation or price analysis whether it's fundemental or technical is not actually bad cause it reduces the amount you might lose thus you can predict whether the price will go uptrend or downtrend. Yes it's not 100% accurate but it's still helpful to lower loses and speculate when to cut losses.

SUDARMONO

full member

Activity: 504

Merit: 100

it is true that predictions are not entirely true, and I think if we invest in the long term it is better to buy bitcoin consistently every month so that we are not much affected by prices.

richardson1128

newbie

Activity: 27

Merit: 0

The only thing needed to know are the factors affecting the price change, some of them can be seen in news via television or internet. We need these factors/information to atleast see something to happen in the future price of bitcoin.

PAES23

newbie

Activity: 75

Merit: 0

Yes you're right saying that prediction can be wrong. But prediction helps us study the market. You just need to understand the fundamentals of cryptocurrency to success here. You must know the basics, like bitcoin fluctuate so much, so you need to but when the price goes down and sell when the price goes up.

minhlee95

full member

Activity: 527

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DIA | Data infrastructure for DeFi

I am of the opinion that you can study forecasts, even a few, but still draw your own conclusions and be guided only by your decisions.

jundy020

newbie

Activity: 191

Merit: 0

There is nothing wrong about the predictions, you will still have the right to decide whether you will follow or not. Predictions are just a guide by people who cares or it is just made to take advantage on us and they will benefit but in the end of the day, Predictions are just nothing, market will still decide what is going on and no one knows what will happen.

lekam0213

member

Activity: 275

Merit: 10

We offer our Service

True,it is really not a good idea to depend your decision only on preditions. Read a lot, study a lot and stand what you had read do not be dependent on others prediction because it really give you bad emotions instead stand on your own decision because it will give you positive result.

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