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Topic: Why you should stay off from market prediction - page 8. (Read 4762 times)

jr. member
Activity: 364
Merit: 1
I do agree with you there are lots of disadvantages when you keep up with the prediction market it make you lose hope easily and would want to panic and make a very drastic decision so this topic is very helpful to everyone on this platform
full member
Activity: 259
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
jr. member
Activity: 182
Merit: 1
forecasts may be good, but don't need to listen to each of them and you need to pay attention to the total information
sr. member
Activity: 578
Merit: 250
I think the forecasts give a General opinion around some of the events and their viewing gives you an overall picture can be useful
sr. member
Activity: 826
Merit: 256
I used to read and believe some predictions of some crypto analysts when I was still a newbie in this forum and in cryptocurrency trading. Many of them are well-known personalities in the crypto world but none of their predictions came true. Predictions and speculations are part of trading, whether it is in cryptocurrency, stocks or forex but believing it blindly is not good because no one can really predict what will happen in the future. Study and monitor the market instead and always updated on price movements.
full member
Activity: 688
Merit: 101
because not all market predictions are accurate or 100% sure to happen, more people calling themselves are "experts" and trying hard to analyse the whole graph to predict what will happens next in it price in the markets, therefore the prediction in on their own knowledge that not in the field, i also have a prediction about my holdings to assure that i will not lost profits everyday. so stay off from markets predictions and make your own prediction for the sake of your coins.
copper member
Activity: 143
Merit: 1
Crypto24Radio.com ❤️
Lol, isn't predicting the market the key aspect when making your investment decisions? When you invest in an asset, you believe the value of it will increase, right? That's already predicting it's future value. Yes, predictions can be wrong, that's a risk, but investing is a risky business and that's just a nature of it.
full member
Activity: 332
Merit: 100
I think the market prediction is important, because if without market predictions we will use what is a reference for trading, although sometimes the predictions are far from reality, but at least we have a picture even though it is not appropriate.
yes we have to stay away from market predictions because the market is unpredictable. the market is flucfuative which can rise and fall quickly without us knowing it. and we must always see developments in market prices if we want to invest.
member
Activity: 634
Merit: 10
Predictions are speculations. It may happen or it may not, that's why we call it prediction. Predictions make the market moving, if not because of it, there will be no transactions that will happen in the market, people will not buy and sell their coins and tokens. We will not assume high price that may happen in the market that will push us to hold our coins  as well as the dips and fall of it.
sr. member
Activity: 602
Merit: 250
Predictions are the basis of trading on which decision are made. There is no sure thing in crypto trading and all things are base on speculations from traders and analyst.
what you say in your opinion is very precise predictions about crypto currencies are very difficult for its certainty here it takes confidence and trust in what we invest
full member
Activity: 551
Merit: 100
Very often, forecasts of well-known analysts are made for the purpose of market manipulation.
jr. member
Activity: 127
Merit: 1
they have a system to buy in advance after that they will sell it quickly and finally you are stuck with expensive prices because all predictions in several groups on the telegram or anywhere will definitely experience errors and surely you will get stuck in their signal
newbie
Activity: 33
Merit: 0
Forecasting the market today has become the order of the day and many people are selling their money at lower prices. Allow them to stay away and be patient. The market will continue to grow or decline more and more, so you can decide whether to continue or not.
full member
Activity: 714
Merit: 100
Avoid market predictions because predictions are not something that will definitely happen because all are mere estimates.

yes because they are called predictions at the first place which means un reality or dont have any guarantee that it'll happen fo real .  but i guess its okay to have a prediction because that will somehow motivate our selves by thinking positive thoughts as most of prediction are mainly focuss on positivity rather than being negative .


It's nonsense. If we do not base our actions on the analysis, it turns out we are just Russian roulette players.

yes all of us here are like playing  Russian roulette because cryptos are like gambling . we dont know the total outcome of their prices and we are being played by big players such as whales . so , we need some luck to be able to earn from this market .
newbie
Activity: 28
Merit: 0
in my opinion it's wrong. we must get information from all sources including market predictions or predictions from coin trading experts. so we can get more knowledge if we will invest or start trading coins. we will also get more up-to-date information if we follow market predictions.
Without predictions such as walking without direction, therefore the predictions of experts are used as a reference for making decisions in bitcoin trading or investment. But, the predictions of experts can be ignored if our calculations are different. Because their predictions can also be wrong.
full member
Activity: 686
Merit: 100
Avoid market predictions because predictions are not something that will definitely happen because all are mere estimates.
full member
Activity: 462
Merit: 100
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, here are some of the explanation I have per point.

1. I agree, predictions can be wrong or they're wrong most of the time. If you want to believe, the percentage of it being correct is probably around 5-10% based on my judgement.

4. And with false hope, you start becoming miserable and you start panic selling whatever you have to 'cut losses' or some sort.

If you really want to listen to speculations, never expect. Because most of the time, they're plain downers and would only mess up your mind, clouding your judgement and making you emotional at the same time; a very bad combination when it comes to investments.
full member
Activity: 294
Merit: 100
It's nonsense. If we do not base our actions on the analysis, it turns out we are just Russian roulette players.
jr. member
Activity: 475
Merit: 1
Tackling Climate Change Using Blockchain
Predictions can cause unnecessary illusion, mirage and extreme dependence of what is yet to come.  But if you're ever lucky, market predictions can be a leading insight into what is possibly forth coming.
But I advice that market predictions should be taken lightly. While you take the juice out of it, you should be advised to remain focus on the reality of the market of your trade. Gracefully we have charts that show steady trading insights and market value.
member
Activity: 308
Merit: 10
although the prediction is sometimes not in accordance with the reality but still that market prediction is important because it can be used as a benchmark for the world market, if we do not use the prediction what is the benchmark.
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