Because predictions are sometimes wrong, and maybe some people is always following them and they lost a lot of money just because of doing it so. The best way to invest, is just to make your own research of that coin, or from bitcoin
People lose a lot of money not because of forecasts, but because they blindly believe the pseudo expert's first finding and invest based on this forecast. There are always people who predict growth and there are those who predict a fall, so you need to objectively approach the analysis of the market before investing. Forecasts of "experts" should only be one of the tools of market analysts, and not the only decisive factor, then you will not lose your money. 
Topic: Why you should stay off from market prediction - page 30. (Read 4766 times)
Prediction is one thing that goes along side with crypto currency. Prediction makes the fun out off bitcoin/altcoin trading, its more like forecasting due to the studying of market charts by some experts.
predictions are false hope and diversion we should concentrate on personal analysis rather than predictions
Predictions are part of the way we work in investing, without which market predictions will fail, and I am confident and optimistic that the price of all coins will spike in the future, and this is part of the prediction.
For me a prediction is only my guide to expect the value of bitcoin, I never think negative thoughts in my investment cause it brings bad luck to me and I am always think positive, the value of bitcoin will continues rise up.
I think it is impossible to predict 100% how the market will behave. And so trusting the forecasts, you can make a very big mistake.
Such forecasts constitute ordinary people who can be wrong. Besides, the market is unpredictable. Therefore, always study different opinions, and on their basis make up your own.
You are right, I at one time great burned on these forecasts, and now try to have an opinion. But I sometimes still look through different forecasts, but never blindly follow them.
Because predictions are sometimes wrong, and maybe some people is always following them and they lost a lot of money just because of doing it so. The best way to invest, is just to make your own research of that coin, or from bitcoin
Maybe market is not very predictable thing. It can make you homeless once you predict and invest all you've got.
Of course you should not succumb to market forecasts. Usually such forecasts are far from reality and contribute to the loss of money. It is necessary to study the market yourself. Your money is your responsibility. Therefore, it is necessary to study the price movement chart and the properties of any movements of such charts well, so that you yourself can form an opinion on further actions. All people involved in projections of market movements, absolutely indifferent to your money. Therefore, I believe that you can listen to other people's opinions, but in actions always be based on your own opinion and your own strategy. Good luck!
Fully agree with the author of this topic, predictions in crypto are fully useless and as long as you follow them you are risking loosing your money.
Actually predicting anything is a very tricky thing, because someone put their name and reputation on this prediction.
Just look back at 2017 and see how many predictions were made about bitcoin, by such organizations as Goldman Sachs, Bank of America and so on.
Most of such well respected organizations talked "trash" about bitcoin, and what now? they have changed their mind suddenly and all their past predictions were just nothing more as FUD news.
Since then i've made a decision not to follow any predictions about bitcoin or any other crypto, even if it will come from Satoshi, i won't trust it and i suggest you do the same.
Having your own vision and understanding in crypto of course will bring you way far than listening to any predictions.
Actually predicting anything is a very tricky thing, because someone put their name and reputation on this prediction.
Just look back at 2017 and see how many predictions were made about bitcoin, by such organizations as Goldman Sachs, Bank of America and so on.
Most of such well respected organizations talked "trash" about bitcoin, and what now? they have changed their mind suddenly and all their past predictions were just nothing more as FUD news.
Since then i've made a decision not to follow any predictions about bitcoin or any other crypto, even if it will come from Satoshi, i won't trust it and i suggest you do the same.
Having your own vision and understanding in crypto of course will bring you way far than listening to any predictions.
Because once you are emotionally attached to crypto market prediction made by some experts, you will be emotionally affected too when the market is bleeding. So if you are into hodling your crypto assets, better yet not to see the crypto market everyday.
Actually I am not away from market predictions. It's just that I need to do my own analysis and prediction before looking at the raw market predictions. I do my own analysis to avoid the actual prediction of just an issue to bring down the market. I have to be smart in reading every prediction so I do not take the wrong steps.
Electronic money is hard to predict what lies in the future. Your investment may be lost if you make a false prediction. It is best to stay away from current expectations and keep a watch while big global events increase or decrease the volatility of the current market. I also recommend people good coins to save and preserve them for the future based on current speculation or scope of activity.
There are some chances that your investments will bring you some profit. The electronic currency is hard to predict what lies in the future. Your investment may be lost if you make a false prediction.
Yes your providing tips was so very helpful because most of the time if you are going to predict without enough knowledge you move can be wrong and the process can be wrong and your investment could be loss ,so for me make sure that you have enough knowledge about what you are doing in everytime.
Your investment may be lost if you make a false prediction. The best way is to stay away from the current predictions and just keep a watch while the big global events increase or decrease the volatility of the current market. Save and preserve them for the future based on current speculation or scope of activity.
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 think the most precise reason why we should stay away from market predictions is, because they will affect you and will make you panic.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.
my suggestion is better for your own prediction.
Yeah, as of me, as it stands now, I can predict with accuracy the market movements or price action of Bitcoins within a given time frame. And that makes me feel very comfortable while trading BTC/ether or other special altcoin.
So, hey, market analysis and predictions is indeed what will actually help an investor make right decisions to know when to enter a trade and when to exit for massive profits. Other than that you cannot make any headway or will have nothing to write home about when you are doing something randomly without guaranteed predictions.
So, hey, market analysis and predictions is indeed what will actually help an investor make right decisions to know when to enter a trade and when to exit for massive profits. Other than that you cannot make any headway or will have nothing to write home about when you are doing something randomly without guaranteed predictions.
Stay off from the market is just for newbies who don't clearly know how the market works. Im still risking trading in the bear market because it is still giving a good profit if you are experienced enough to know what will happen next. So i advice that dont stay off the market however study it clearly and have some experience.
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