Topic: Why you should stay off from market prediction - page 3. (Read 4762 times)
I do not listen to any predictions, or rather, I meet these publications, look through them and collect a full picture, in which the last decision is mine. I will never follow forecasts, and I think that this is very stupid. The best option is its own forecast, but only a few people are capable of it.
For me it is ok if we listen yo market predictions sometimes. But don't base your decisions by following market predictions. Just follow what you feel what is the right thing to to.
because it's just a prediction. and predictions can be manipulated
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.
Thats great explnation dude,i love the delivery about the believing in bitcoin growth is 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.
Actually at first i hate predictions and i dont even give a damn about what they say,until this oost of yours made me believe in this one.
But we must be knowledgeable on what prdiction to believe and not,because this will mislead you to failure
The major and vital reason why a trader who is trading on cryptocurrency market or even forex market prediction to stay off.is that no body knows tommorow. Prediction base on fundamental analysis can be of a failure to trader which might result to loses even more than half of his or her portfolio because the news is control by the Government and top guys in the society they can cause a serious dip that one might not recover from in months such as what is going on this year 2018. Currency pairs can be manipulated by whales or pump group which will also cause disequilibrium in price action of Cryptocurrency pairs they are interested. If you can learn from this year long time bearish movement you will know that predictions don't really work perfectly. Hence to my own opinion as a trader l will advice to stay off market prediction
Market forecasts only contribute to a volatile financial environment. It also causes more investment psychology if the subjective predictions are spread quickly.
yes right, because investors must be very observant when the market will rise or fall, from there investors are demanded to be more active and optimistic if the market price will continue to rise, making it rich.
yup it's true, the right prediction in my opinion is when we analyze the market itself without the influence of other predictions, because when we experience a loss we get experience from what we analyze
Predictions are just only indication how the market will move or rise or fall. It do also helps investors to decide which crypto they should invest in or sell in. Not all predictions are right it would still depends on the investors if they will believe in it. It is better to study first the market and analyze the movement and your instict. It would still depend on every individual if we will follow those predictions.
Because there are no assurance in prediction, just make you anxious and sometimes makes you fell disappointed when it does not happen the way you expect...but sometimes it makes you aware also of what is happening.. its up to you to believe and accept what they're saying.
Yes, listen to predictions it could affect our decisions in investing in crypto. Better we immediately learn about the price of the coins in the market of crypto. And in trading or investing we have to wait and be no to panic when he saw the condition of price drops. You must continue to make monitoring price coins. Just so you know when to buy and sell coins.
because I never believed crypto market predictions, bro. because until now many people are predicting the price of bitcoin or altcoin reaches so many. but the proof is never true. therefore I believe more in myself
You can't stay off market predictions entirely but can use it as a guide to direct your forecast. As the crypotocuurency market is full of speculations, market predictions is the only way to help to make inform decision.
believes that market predictions are also good if for beginners who don't know about bitcoin travel, but often it can make investors panic and worry, it's better to calm down and always monitor crypto's trip
combining different forecasts can give an idea of the General mood of the market, so I think that you need to pay attention to it
My experience has helped me draw many things. I lost my money when I listened to market expectations. It may be true, but it may also be wrong. Price movements are difficult to predict. We need to figure out the strategies for ourselves and not invest in them according to the predictions of the market
It's very difficult to develop your own strategies in such a volatile market. I'm mistaken with all my strategies and lose money. Other people's forecasts don't help either. It's just that this market is like that, and it should be taken like this!
Noone knows what will be the price of bitcoin in the market. Even experience traders don't know what will be the price. So don't rely on predictions made by other people.
predictions will only make us hurt 
I have followed a number of predictions but everything is nonsense, starting from price predictions the price of Cryptocurrencies will rise when world cup, and market predictions will be bullish at the end of September. I hope that predictions say that the end of December is again the Bullish market is happen..
I have followed a number of predictions but everything is nonsense, starting from price predictions the price of Cryptocurrencies will rise when world cup, and market predictions will be bullish at the end of September. I hope that predictions say that the end of December is again the Bullish market is happen.. My experience has helped me draw many things. I lost my money when I listened to market expectations. It may be true, but it may also be wrong. Price movements are difficult to predict. We need to figure out the strategies for ourselves and not invest in them according to the predictions of the market
you should listen to market predictions but take a decision by yourself analyzing many of them but not the only one.
Prediction is totally fine. It is stupidity and not doing due diligence. I really don't look at price prediction, even if people keep saying that the price will go high up or low down. Just stay with your gut man. A true investor won't give a crap about those price predictions from random people. Personal due diligence is everything. Before you invest, do your check, look out for news and then put money where your mouth is.
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