I think Technical and Fundamental analysis is one form of predicting how the market will go.
If you are saying that we should not do this, then I disagree. This is how traders profit from any market. By predicting how the market trend will go tomorrow, putting position today. Without it we will be pointing on something that we don't know, betting or gambling in the market.
So that is why predicting is normal and is needed.
Topic: Why you should stay off from market prediction - page 5. (Read 4762 times)
I like the idea that as an investor, one need not to pay much attention to price predictions for some reasons other than what you actually suggested. I think it reduces ones ability to study and understand the market himself. It will just let one act based on others understanding of the market and this cannot guarantee success.
In terms of investor confidence in the crypto market, i think we can keep away from market expectations. Because it will help us to have objective and honest view of the existence of the property that we are holding. Avoid the case of investors fall into the cycle of illusion of price and lead to failure. I accept the predictions from the market must go with it is selective and have their own opinion.
you have point though but how do we study the market without predictions? Everything is based on predictions. Even sometimes science is based on predictions and so I think they're good. We've just got to be very careful and make good choices out of predictions
Exactly, there have been several circumstances when predictions have come to pass. Just as weather forecast, it is not always the case that whatever is predicted will surely come to pass. In as much as we shouldn't give all our attention to it, it is worth noting that sometimes predictions can be really helpful in decision making.many types of predictions can be monitored, the worst possibility for short-term predictions because the fud that occurs makes the analysis uncertain. But this is only a matter of taste and I choose to continue monitoring it.
Perhaps what OP means is to be a hodler, predictions can make a market reaction and it must be done if you don't want the price to become very out of control.
you have point though but how do we study the market without predictions? Everything is based on predictions. Even sometimes science is based on predictions and so I think they're good. We've just got to be very careful and make good choices out of predictions
Exactly, there have been several circumstances when predictions have come to pass. Just as weather forecast, it is not always the case that whatever is predicted will surely come to pass. In as much as we shouldn't give all our attention to it, it is worth noting that sometimes predictions can be really helpful in decision making. 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.
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 do not see the predictions as true as you say that and even if it's true, it's not 100% sure, and you should not follow the predictions either It's just a trick that will pull you along. You should stick to your stance when playing
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.
Well there are many types of predictions and these types predictions affects on whether you will believe it or not. The main reason why we need to believe in predictions is that it is the core of bitcoin. There are this short term predictions and these predictions helps investors and traders on when to invest or buy and when to sell. These are the type of predictions that we should adhere. It may be off sometimes but in more common, it is happens. The other type, the vague one and the long term one, that's where we should avoid. 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.
Market predictions can be your guide during the trends of price in the market. This predictions may not be true until it hit the price since price can be go wrong. We should also consider in observing the market status on how we can earn profit.
market predictions can sometimes make us lose confidence and end up taking risks that could hurt us in investing, that's when prices are falling, I try to stay away from market predictions and stay focused on the goals I will sell when I make a profit. Making prediction is not good idea for the cryptocurrency. If you are doing it everyday and looking for the price as a marker is you only lose your time. Because it's better to create some strategy about long time holding then looking for better moment when to sell.
you say right if we think we want high market prices if we don't meet our expectations, we will not be confident so we move away from market prices which are now declining and I am sure this year bitcoin cannot rise again maybe next year can be more good from this year
In my opinion. we don't need to stay away from market predictions. however, we must monitor market conditions continuously or in real time. so we can get the actual news about crypto conditions in the trade market. because now crypto is very vulnerable and prices are so volatile that we must monitor market conditions without rejecting predictions.
In today's increasingly sharp price reduction situation, it is better for us to stay away from market predictions, because market predictions will affect our minds and make us disappointed, which in the end we have no confidence in what we have to do in response to falling prices this. The best now is to continue to believe that bitcoin will rise in price and be patient in waiting for price increases that we will ultimately benefit through bitcoin investment.
I don't take into account any market predictions and 100% holding a nice leveraged long position currently and ain't selling that soon.
There are other projects out there that have a lot more ROI potential but BTC will spike again very soon.
However, if you want to shoot for 10x or more you need to look for other projects.
There are other projects out there that have a lot more ROI potential but BTC will spike again very soon.
However, if you want to shoot for 10x or more you need to look for other projects.
You should always listen to what you're told.But the decision should be made only by yourself.If you don't listen to forecasts,it is possible to remain generally in the dark.The more important question who exactly you need to listen.I always rely on the opinions of experienced professionals.
Market predictions sometimes make doubts that eventually lead to fear and make us lose confidence and are willing to lose in order to avoid greater losses. Whereas in the investment of bitcoin, if we want to be patient waiting for price increases, then we will always benefit through bitcoin investment. That is why we must stay away from market predictions.
If we predict or not the result is zero i have read many prediction of bitcoin and some other coins which will change in the near time but i have not seen any big change or a good potential so now i am stay off from market prediction and it is not about prediction but when big whales need a change they come to the market and change everything. Crypto is the one which is not controlled by one person or persons but with time some management can bring us a new era of these.
yes I agree with you to stay away from the crypto market because there are so many scams and I don't like it if I sell it but I lose because I was cheated and I don't like it
Market prediction is good but one really needs to be careful,and studying the trends of the market while predicting,
cryptocurrency price predictions are not always right, sometimes the price can not match the prediction that keeps me from seeing some predictions because I want to try to see how far the price of bitcoin or cryptocurrency can be predicted and after analyzing it I have a percentage of success when predicting cryptocurrency.
I believe as a bitcoin investor, you should first understand the bitcoin market first. With this, you don't just agree or accept any speculations regarding predictions made about bitcoin. Once you understand and know the market, you know when and why there is reduction in the price of bitcoin. People will definitely predict the price of bitcoin, your best option is to know the market trends and with this, you will not a victim to wrong speculations and loose money.
of course we must approach market, and try to understand market, not even follow our own desires. by following market trend, we can get profit without having to stay away from it
market predictions can sometimes make us lose confidence and end up taking risks that could hurt us in investing, that's when prices are falling, I try to stay away from market predictions and stay focused on the goals I will sell when I make a profit. Making prediction is not good idea for the cryptocurrency. If you are doing it everyday and looking for the price as a marker is you only lose your time. Because it's better to create some strategy about long time holding then looking for better moment when to sell.
I believe as a bitcoin investor, you should first understand the bitcoin market first. With this, you don't just agree or accept any speculations regarding predictions made about bitcoin. Once you understand and know the market, you know when and why there is reduction in the price of bitcoin. People will definitely predict the price of bitcoin, your best option is to know the market trends and with this, you will not a victim to wrong speculations and loose money.
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