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Topic: Why you should stay off from market prediction - page 7. (Read 4762 times)

full member
Activity: 392
Merit: 100
indeed we must make sure in making decisions without becoming a speculator, but if the analysis is done by experts I still believe it
For me it is normal if we will predict the future price of some cryptos because making a market prediction can help us to be more confident on our cryptos will have a strong faith that our cryptos can bounceback again.
member
Activity: 392
Merit: 10
CurioInvest [IEO Live]
Sometimes they make predictions and people follow it and at the end they regret. The predictions they give are sometimes not true. I have been fooled with this idea and I have sworn not to follow them again.
copper member
Activity: 798
Merit: 250
I agree that the predictions are very unreliable, but no one forces you to do what you are obliged to do. You may well have your point of view on what is said in the forecast.
Well said predictions are unreliable so never trust the predictions it can be wrong. Make our own analysis on the market and understant the big risks because of the price unstable.
There's no wrong in never trust predictions. It's better like that, because sometimes predictions are just a way to trick someone into making a profit, it sounds like a trap. Not everyone, but feel sorry to see beginners who are more destitute when they know cryptocurrencies.
sr. member
Activity: 714
Merit: 250
It is really difficult to work on the bitcoin market without any prediction by your side table. There is always that possibility that the said prediction might come true just as it might not.

As what many would always say, what do you have to lose should you entertain a prediction or two? Yes it could end up wrong, but what if it turns out to be right? Then we just missed a golden opportunity.

Yes, i think that our decisions should never be based on predictions alone, yet, if the prediction came from a reliable source or a trusted personality in the world of bitcoin then considering it might not be so bad.

So i guess the more important thing here is to entertain predictions from the experts and trusted faces, ensuring your source is trustworthy is always a best practice.

Market predictions sometimes provide the wrong informations, and it was just a mere motivations so that more demand will be coming but in real scenario it's not assured for a long term growth of each currency.
Actually, if we based on the actual market movement we can decide all alone when is the right time to dump our coins. But for the main time, have more time in analyzing at your own curiosity so that you will no longer be falling unto the trap of encouraging predictions.
sr. member
Activity: 714
Merit: 250
I agree that the predictions are very unreliable, but no one forces you to do what you are obliged to do. You may well have your point of view on what is said in the forecast.
Well said predictions are unreliable so never trust the predictions it can be wrong. Make our own analysis on the market and understant the big risks because of the price unstable.
member
Activity: 490
Merit: 10
I agree that the predictions are very unreliable, but no one forces you to do what you are obliged to do. You may well have your point of view on what is said in the forecast.
full member
Activity: 532
Merit: 100
Listening to predictions by other people is a bad habit to do. You can easily be fooled if you listen to others prediction. And it will lead you sometimes in a wrong decisions. So don't easily trust market predictions.
member
Activity: 616
Merit: 10
Maybe, it is good at some point but in cryptocurrency, you must not enter without knowledge in predicting the price. If you will base upon your feelings and emotions, you cannot drive in a good result. A good trader needs to have prediction. That is why we need a risk management so that we can enter and exit based upon our biased.
full member
Activity: 1316
Merit: 105
I love to read positive market forecasts, but still we all understand that they can not be accurate. So I just take this information into account and continue to observe the market.

may be positive market forecasts are making us with good mood but they don't have nothing with the real market situation.
full member
Activity: 283
Merit: 100
Forecasts are very interesting, and I always study them. But I am confused by the fact that most of them can be written in someone's interests, and who said that these predictions are true. So I just read them, but I don't follow them.
full member
Activity: 527
Merit: 101
DIA | Data infrastructure for DeFi
I love to read positive market forecasts, but still we all understand that they can not be accurate. So I just take this information into account and continue to observe the market.
member
Activity: 434
Merit: 10
I agree with the author. I want to add that forecasting can still be used to your advantage. Most people trust the predictions. Therefore, knowing their behavior, you can buy, sell or wait.
member
Activity: 115
Merit: 10
twogap.com
Predictions could be right sometimes but I trust only my intuition and studying of situation on the market
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
We are in a market of predictions and everything is done based on speculations and without predictions the market will be stagnant. However, I have decided to keep calm, hold my cryptocurrencies and not follow any predictions until I am satisfied that the market is stable.

Stagnant? How? Predictions don't affect the market movements unless people heed them and with different predictions here and there, i'd say it's not going to have a significant effect as to make the market stagnant.
jr. member
Activity: 56
Merit: 9
Sadly, speculation is something inherent to the trading system and it's very clear here in the cryptospace. I say sadly because even a nonsense
shitcoin with no use in any real life scenario can get to high prices just by tons of people who doesn't know what they are investing on but doing
it anyway just because they heard someone saying that it's going to grow big in the long term.
sr. member
Activity: 1092
Merit: 271
It is really difficult to work on the bitcoin market without any prediction by your side table. There is always that possibility that the said prediction might come true just as it might not.

As what many would always say, what do you have to lose should you entertain a prediction or two? Yes it could end up wrong, but what if it turns out to be right? Then we just missed a golden opportunity.

Yes, i think that our decisions should never be based on predictions alone, yet, if the prediction came from a reliable source or a trusted personality in the world of bitcoin then considering it might not be so bad.

So i guess the more important thing here is to entertain predictions from the experts and trusted faces, ensuring your source is trustworthy is always a best practice.
member
Activity: 392
Merit: 10
We are in a market of predictions and everything is done based on speculations and without predictions the market will be stagnant. However, I have decided to keep calm, hold my cryptocurrencies and not follow any predictions until I am satisfied that the market is stable.
member
Activity: 486
Merit: 27
HIRE ME FOR SMALL TASK
If you don't join with markets speculation it does mean that your out of tune but not to the point where implications of your thought wants you to recommend to doubt and trust the market prediction. As the market price doesn't have stability of value so do you must not put an stable, thinking, 50/50 make it balance, because if you end up not engaging then tell us to what would be the deepest reason why not to involve with it?  
member
Activity: 308
Merit: 12
Forecasts are very interesting to understand and I always read them, especially if they come from an authoritative source. But of course you shouldn't believe them 100 % . It's all just speculation.
member
Activity: 193
Merit: 10
We need a prediction because in this case prediction is very important without that you may don't know all about in the market prediction is helps us to know what will be happen tomorrow or in the future. That you will be your asset someday we all know in the market place prices are incraesing tomorrow and on another day it will fall down so i think prediction is very important in market place.
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