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Topic: Why you should stay off from market prediction - page 6. (Read 4762 times)

newbie
Activity: 18
Merit: 0
Of course,lost of 2018 bitcoin price predictions that have been made by experts in the currency market who say the price of bitcoin will continue to soar.
My prediction,the prospect  of bitcoin is a long-term prospect that remains promising.lee wrote a note to fundstrat global advisors clients that the price of bitcoin at the bigenning until mid 2018 woud reach more that $ 6,000. He also predicts that the price of bitcoin will continue to rise to a price of $ 25,000 by 2022.
Its not impossible that the price will reach a level that was never predicted before,because bitcoin is a ‘’people’s currency’’ that cannot be contested by anyone,and does not involve’’middle man’’ or a third party suce as banking that always gets profit from every transactoin that occurs.
full member
Activity: 378
Merit: 100
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.
member
Activity: 1764
Merit: 10
Quite right, I agree with many things, but there are such people who can accurately and correctly predict the market movement and I saw such people, but no one wanted to share this with me because it’s all not free information, and so for us ordinary people I think this is not too much concerned, because we cant predict correctly, but sometimes we can also be on the right sight.
full member
Activity: 420
Merit: 100
I absolutely agree with you. There is really nothing good coming from predictions. And there is no man who can really predict what's going to change in the market.
jr. member
Activity: 153
Merit: 1
If there is no prediction there wont be any trading cos prediction is part of the trading.There very helpful to be able to see the development or price movements of crypto.
member
Activity: 420
Merit: 11
You should avoid market forecasting, as you should think with your head and only then make decisions on entering and exiting the transaction.
full member
Activity: 966
Merit: 102
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.
[/quote



I am passed the level of following after predictions as it has not really been in my favour most of the times even more so now that the markets have dipped. Meaning the predictors themselves should have prepared well for this dip periods.
because to predict the market it is very difficult and there is no one who can when the market will rise and fall in price, so we all simply monitor and wait for a bad time to sell our coins later
sr. member
Activity: 620
Merit: 250
Market predictions for me are very helpful to be able to see the development or price movements of crypto, but do not be used as a benchmark where we must follow market predictions. Sometimes the prediction has a truth and sometimes it's not right, that's the point in investing, we have to be able to understand the factors that can affect price movements so we don't just focus on market predictions. Thus, the market prediction does not need to be avoided, but we also do not have to believe it fully, because ultimately our own decisions determine it.
full member
Activity: 406
Merit: 100
The market forecast today is not to confirm information. Now the crypto market behaves so unpredictable that it is unlikely that someone knows how events will develop further.
newbie
Activity: 79
Merit: 0
Predictions are the base of every trade. Predictions are always be hard and confusing. So stay off from the market prediction.
member
Activity: 882
Merit: 13
I think market is bound to prediction because we never really know if it will go up or down, this is how it works whether we like it or not. As an investor you need to predict the market because it's the only way can make money out of it, either way you profit or lose that's a fact.
member
Activity: 159
Merit: 10
Many institutional investors are wise to use a bitcoin prediction to reduce the Bitcoin price, and then buy it at a low price - by setting a stop loss at the support level to push prices higher. and manipulate it as a sharp drop. This made new investors fear and sell bitcoin to avoid losses. You should limit your beliefs to rumors and predictions.
full member
Activity: 552
Merit: 102
you are right I think, I have seen in recent time many predictions who becomes falls. so price prediction is so tough,we need to feel present situation but without price predictions we can't  understand actually what happen next.
sr. member
Activity: 1680
Merit: 262
sometimes predictions can be right and can be wrong, we take the conclusion 50-50. but I prefer to make my own predictions by looking at the low price, the latest price, and the high price of the coin that I will buy. then in the last 24 hours, what percentage of the coin goes up or down. for example, it dropped 0.6 percent, meaning it is possible to recover and increase 0.1 percent in the next few days. at least the method that I use has resulted in me profit, i try it on ripple.
full member
Activity: 616
Merit: 100
i think prediction from the data is the good way to do trading in the bitcoin and cryptocurrency, what should we do if we don't use prediction in the trading? when to buy a bitcoin and when to sell a bitcoin?
full member
Activity: 728
Merit: 101
I agree with you, predictions from people are sometimes true sometimes wrong. I prefer to follow my own predictions.
member
Activity: 350
Merit: 11
W12 – Blockchain protocol
Although some predictions did not happen as desired but i see nothing wrong if we sometimes we rely to these analysis especially if these predictions are came from those famous expert in crypto field because we really need their expertise in order for us to have some better conclusions of every decision that we will going to make and also their predictions in favor of Crypto market are better than spreading FUD in which it will just make the market worst.
sr. member
Activity: 784
Merit: 250
I think predictions are part of this very volatile market wherein sharp changes may happen anytime. Predictions serve as a marketing strategies. But, this year all predictions had failed, though it is normal with this kind of market. Predictions are predictions. It may happen or not. It's for you to believe or not.
sr. member
Activity: 826
Merit: 265
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.

You’re right mate since many had been fall from those prediction maker that the only plan is victimized us by giving false predictions.

Stop listening to those predictions instead become a own researcher so we have nothing to blame when we loss but ourselves.

Let us make this community free from predictions,instead make this forum a skilled and knowledgeable world
full member
Activity: 490
Merit: 101
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.
[/quote



I am passed the level of following after predictions as it has not really been in my favour most of the times even more so now that the markets have dipped. Meaning the predictors themselves should have prepared well for this dip periods.
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