Would you be willing to support anyone who gives the most accurate predictions?

Rufsilf

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Quote from: Ucy on June 09, 2022, 09:41:16 AM

Would you be willing to support anyone who gives the most accurate forecast of Bitcoin/crypto price?

I'm certain and guilty for not being convinced by anyone who MIGHT give an accurate forecast or prediction about Bitcoin. Are they really exist?
I can actually appreciate their works and luckily got the right (or at least close) to the predicted price but never I have to support them and even think that they could make it again. I'd just think and I know I was right that the market is unpredictable, nobody could change this.

In fact, I don't follow signal groups. And I have the reason why I can't, it is also possible the others will do the same.

19Nov16

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Didn't expect to the current Bitcoin price, until the end of May I was still buying Bitcoin when the price was around $ 32K and now it is more dropped and may be under $ 20K, some time ago it was in the telegram group that predicted there would be panic and now proven, but I hope this will not be long and Bitcoin can return to $ 35K.

btc78

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Prediction does not stand for something to be thankful because the reality ? most predictions brings losses to the people and that is the true market flows .

I use to listen to the predictions here and there and now? i forgot this belief and try to find my own way in what and how to invest , so supporting these people? no I will not participate on this part .

Quote from: Joshapat on June 13, 2022, 01:54:41 AM

Many predictions about the price of Bitcoin, at the end of 2022 then I see that there is a prediction that the price of Bitcoin will drop below 30k, when the price is around $ 45k, it turns out he predicts true, and in my opinion giving a few tips will certainly make him more excited, though We understand that the prediction is not always true but this will make him more active to find sources that support the predictions made.

prediction is open and indeed some are fail some succeed but everything will always depend on how we deal on it and how we partake in the trading .

Kasabus

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Quote from: Ucy on June 09, 2022, 09:41:16 AM

Would you be willing to support anyone who gives the most accurate forecast of Bitcoin/crypto price?

I mean If you find someone who could make you rich by accurately predicting the price of crypto for you and others to benefit from, will you support such person either by sharing part of your profits from your successful trades with him/her, or in other ways... Will you agree if you are asked to support him/her?
If yes, then be prepared to support him as Bitcoin gradually moves to 50,000 from now onwards, but if you don't support or your answer is no, Bitcoin/crypto could remain stagnant below 40,000.

Are you ready?
Current Bitcoin price 30,000

No. Because it’s impossible in this type of market to make the most accurate forecast, everything will fall into wild guesses or predictions. You may fall into another scam before you knew it so in order to avoid that, educate yourself more and never trust others to make good predictions for you. That way, they can never take advantage on you and will never make profits from you.

uneng

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Quote from: Nrcewker on June 13, 2022, 04:15:08 AM

Quote from: mk4 on June 09, 2022, 10:39:47 AM

Nope, because someone who can actually make good market "predictions" has no business in helping some random person on an online forum.

True af. If his predictions are so up to the mark, then why the hell he is not making money himself and waiting for small shares from other’s profit.
Moreover while I invest, I always think that it’s my money, at the end of the day I will be making it into profits or losses, so why to bet my money on some random person’s calls?
If you lose by mistake, then you will just end up on swearing him.
So I don’t want to support any company or individual who does this type of ponzi schemes.
Let’s see what other people have opinions on this.

To hire unknown or random people to execute this function is indeed a very bad idea, but there are financial managers and advisors in traditional markets who offer their services to wealthy investors because it's profitable for them to earn comissions or wages over the investments of their customers. That is an extra income, besides the profit their make for themselves with their own money.

Not everyone can have access to these services, though, as it's expensive and limited. Anyway, in my opinion it's worthful to support or hire this kind of professional if you are a wealthy person and has many appointments on your daily life which don't allow you to dedicate yourself to investments for a long time of your day.

Nrcewker

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Quote from: mk4 on June 09, 2022, 10:39:47 AM

Nope, because someone who can actually make good market "predictions" has no business in helping some random person on an online forum.

True af. If his predictions are so up to the mark, then why the hell he is not making money himself and waiting for small shares from other’s profit.
Moreover while I invest, I always think that it’s my money, at the end of the day I will be making it into profits or losses, so why to bet my money on some random person’s calls?
If you lose by mistake, then you will just end up on swearing him.
So I don’t want to support any company or individual who does this type of ponzi schemes.
Let’s see what other people have opinions on this.

Joshapat

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Many predictions about the price of Bitcoin, at the end of 2022 then I see that there is a prediction that the price of Bitcoin will drop below 30k, when the price is around $ 45k, it turns out he predicts true, and in my opinion giving a few tips will certainly make him more excited, though We understand that the prediction is not always true but this will make him more active to find sources that support the predictions made.

boyptc

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Welp, if that person who's going to offer me like this offer. I'd be willing to bet for him if I can see that he's living the life with his wins and he's making well with his profits and managed to own several assets that he can prove to me.

Honestly, if someone who's been making predictions and doing well, he doesn't need to make such offers to anyone as he can keep it to himself and just make himself the richest.

adaseb

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Quote from: peter0425 on June 12, 2022, 10:39:16 PM

It is a gratitude to say thank you for serving as inspiration and something we should trust in the future, I cannot remember the first account i followed but it brings me profit almost double from my investment (though I am starting that time and it is just a small amount to gain)
so My answer is YES, I will support if the prediction is super close to what is the result per prediction.

Yeah in a bull market almost everyone you follow will make good calls. However how are those calls working out for you now. Most likely they stopped posting due to a string of loses.

Unless you were short in stocks or crypto you most likely lost money in 2022. So far it’s a brutal year and it seems we are nowheere near the bottom.

Most people you follow now don’t make money.

peter0425

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It is a gratitude to say thank you for serving as inspiration and something we should trust in the future, I cannot remember the first account i followed but it brings me profit almost double from my investment (though I am starting that time and it is just a small amount to gain)
so My answer is YES, I will support if the prediction is super close to what is the result per prediction.

lienfaye

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I dont know if I can find someone who can make me rich by accurately predicting the price of crypto but if ever there is, and if support is what he just need then I can give it to him.

However we know there's no experts that can accurately predict the price and if ever there's someone who can really do that, probably he will use it to make himself rich. He would not think to share it others.

GreatArkansas

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Quote from: Ucy on June 09, 2022, 09:41:16 AM

I mean If you find someone who could make you rich by accurately predicting the price of crypto for you and others to benefit from, will you support such person either by sharing part of your profits from your successful trades with him/her, or in other ways... Will you agree if you are asked to support him/her?
(...)

I am sure some of these groups or individuals are just asking optional, not required. If their goal is just to help, they will not indeed ask required the people.
I also believe people who intend to help, will not spoon-feed the people, just like giving buy on x price, sell on y price, stop loss z price, it's like a signal, it's good but with explanation is better to like how it came up there.

AmoreJaz

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Quote from: Viscore on June 12, 2022, 05:35:20 PM

I’m not going to support and trust anyone other than myself. Knowing this market is so much unpredictable and definitely the playground of different scams, trusting anyone is like seeing your profits lose instantly. We all have our own knowledge in creating good market analysis so relying for someone won’t do us good and won’t make us better and professional traders in this type of industry.

and if in case, there is someone who can precisely predict the market, he will use it to his own advantage. why not use it to his own benefits if he has the upper hand in this market? i don't think he will be very open to public if he knows he can predict with high probability of winning the market.
and if someone is advertising that he can predict with high rate of getting it right, doubt its motive. he may be luring its potential naive victims to a promise of high profits.

Viscore

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Quote from: Ucy on June 09, 2022, 09:41:16 AM

Would you be willing to support anyone who gives the most accurate forecast of Bitcoin/crypto price?

I mean If you find someone who could make you rich by accurately predicting the price of crypto for you and others to benefit from, will you support such person either by sharing part of your profits from your successful trades with him/her, or in other ways... Will you agree if you are asked to support him/her?
If yes, then be prepared to support him as Bitcoin gradually moves to 50,000 from now onwards, but if you don't support or your answer is no, Bitcoin/crypto could remain stagnant below 40,000.

Are you ready?
Current Bitcoin price 30,000

I’m not going to support and trust anyone other than myself. Knowing this market is so much unpredictable and definitely the playground of different scams, trusting anyone is like seeing your profits lose instantly. We all have our own knowledge in creating good market analysis so relying for someone won’t do us good and won’t make us better and professional traders in this type of industry.

buwaytress

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Quote from: Rikafip on June 11, 2022, 10:36:53 AM

Quote from: buwaytress on June 11, 2022, 06:58:18 AM

-- crypto ones though, tend to all do badly in bear markets (no surprise) though they perhaps to limit losses and help people not throw away everything. They're certainly not on this forum =D

Vast majority yes, but not all. After all, bear market is when you can see a difference between those who know what they are doing and those who are just riding the bull market as I think for a pro trader bear or bull market doesn't make a big difference when it comes to profit, all they need is some volatility. That's how I though that I was a good trader back in 2017 when I was buying various shitcoins that were all pumping but then 2018 came and I realized that I have no clue what I am doing and that trading is not for me so I switched to hodl mode and never looked back.

I learnt that lesson about a decade prior to getting into Bitcoin. Let's just say I happened to get into the money exchange business and it was doing pretty well (at the time Southeast Asia was just booming with 50 types of different digital money alternatives and you could turnover a small fortune several times a day, earn well at the smallest commissions).

Thinking it'd made an expert in forex, I dabbled and did really well -- just as gold was also doing incredibly well between 2004-2010, I thought I was a genius and put it all into forex.

Bear market struck a few years later and brought me down to earth.

Good thing though as I didn't need to go through such a period with Bitcoin, apart from a few gambles with shitcoin ICOs.

How all our journeys differ yet converge here at the holding point Wink

Rikafip

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Quote from: buwaytress on June 11, 2022, 06:58:18 AM

-- crypto ones though, tend to all do badly in bear markets (no surprise) though they perhaps to limit losses and help people not throw away everything. They're certainly not on this forum =D

Vast majority yes, but not all. After all, bear market is when you can see a difference between those who know what they are doing and those who are just riding the bull market as I think for a pro trader bear or bull market doesn't make a big difference when it comes to profit, all they need is some volatility. That's how I though that I was a good trader back in 2017 when I was buying various shitcoins that were all pumping but then 2018 came and I realized that I have no clue what I am doing and that trading is not for me so I switched to hodl mode and never looked back.

Silberman

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Quote from: Ucy on June 09, 2022, 09:41:16 AM

Would you be willing to support anyone who gives the most accurate forecast of Bitcoin/crypto price?

I mean If you find someone who could make you rich by accurately predicting the price of crypto for you and others to benefit from, will you support such person either by sharing part of your profits from your successful trades with him/her, or in other ways... Will you agree if you are asked to support him/her?

A person which can accurately predict what the market is going to do to the point you could become rich does not need support, believe me such a person would have investors trying to knockdown his door and give him their money anyway, such a person would not even need to promote himself as his clients would do so on their own, as it would be impossible for them to remain quiet about the huge profits they could be getting with such a person and not share that with other people which are looking for the very same thing.

ethereumhunter

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Quote from: rodskee on June 10, 2022, 04:34:04 AM

Well the question stands as "The MOST ACCURATE" meaning atleast closest to the price bot nut exactly what is the price of it.
But do they really did the prediction by chances or by knowledge , Until now I am still asking if how a person can predict the price like that accuracy when the market is volatile and really depend in the demand and supply .
maybe they are just lucky? or there is something behind that we really dont understand.

We will never know if they really have the ability to predict with the most accuracy. Even if they have it, they will not easily share the results of their analysis with the public. I think it is still difficult to accurately predict prices in the market because the market is constantly volatile and cannot be predicted accurately. Maybe we can only predict where the direction will move but getting how much will not be easy.

Lucius

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Quote from: savetheFORUM on June 11, 2022, 06:15:26 AM

It's funny to think that one person could influence the market all that much.

We are, after all, a very small community if we consider only those who are not bounty hunters. I can’t say how many people visit the forum as guests, but I believe they would have acted much sooner by reading some posts from members who are far more experienced than from some random member who is obviously trying to catch some naive trader.

Now he can appear in this thread and say that the price has dropped because no one supported him, which of course is true - but as you say, if much more influential characters have failed, not even any random expert from this forum will succeed.

buwaytress

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Quote from: Rikafip on June 10, 2022, 01:18:34 AM

Some people are just so good and only want to help others Cheesy

Joke aside, there are legit companies that are trading for you and are very successful at it but those are certainly not contacting random people on the internet giving them price predictions.

Heh, yeah and the goodness of their hearts, naturally, leads them to this forum, where the best of the best of our species lend helping hands to the most-deserving, also who happen to come here Wink

And yes, there are definitely companies who make a living out of managed portfolios -- crypto ones though, tend to all do badly in bear markets (no surprise) though they perhaps to limit losses and help people not throw away everything. They're certainly not on this forum =D

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