How can prediction results affect the actual market?

[rozak]

Firstly, No one is perfect and the reality is "crypto industry is always unable to predict".  For example, a few are able to understood the biggest bull run of the beginning of this year. Secondly, don't go for anyone predict if you don't know that person/institutions welly. Rather focus one or two currency at a time, collect news for fundamental analysis and take position according to your asset if you think that is best for you but Don't rely on any tools blindly

Maybe focusing on two currencies will be a good idea so he does not have too long to analyze. Maybe bitcoin or ethereum can give them a chance to make a profit than the other coins. It is better to analyze by ourselves to find the time to trade or make investments and not depend on other people we do not know. We should depend on ourselves in crypto because that will improve our skills in trading and investment, which can impact making a profit in the future.

that way may only be done for people who are already professional in trading and investing.
most for new people is to follow the signals given by friends or other people. and some are just trying their luck with the origin of choosing assets.
there is no definite reason or way we can do proper analysis and planning. I'm sure all plans have a 50% chance of success.

[worle1bm]

I've been thinking that now there are many market prediction projects. I'm using X predict market for example.

People will be able to somehow know the market anticipation in advance. Like will the price of btc rise or decrease?

But this information might change participators' choices again, how should we adjust our strategy according to this kind of information?

Prediction and accuration have slight difference as you could only predict the prices at certain levels and make your move like buy or sell order placed on any exchange but there are some decisions which can affect the prices which cannot be predicted unless you have any insider information on that decision.Like the prices were increasing you have buy or sell then suddenly there is btc adoption or ban somewhere that could move the market so you can't accurately predict that scenario but making judgement and have Market information you could turn some positive points in your support which can be used in profit making.But accuracy is difficult to achieve or impossible in this volatile market.

[michellee]

Firstly, No one is perfect and the reality is "crypto industry is always unable to predict".  For example, a few are able to understood the biggest bull run of the beginning of this year. Secondly, don't go for anyone predict if you don't know that person/institutions welly. Rather focus one or two currency at a time, collect news for fundamental analysis and take position according to your asset if you think that is best for you but Don't rely on any tools blindly

Maybe focusing on two currencies will be a good idea so he does not have too long to analyze. Maybe bitcoin or ethereum can give them a chance to make a profit than the other coins. It is better to analyze by ourselves to find the time to trade or make investments and not depend on other people we do not know. We should depend on ourselves in crypto because that will improve our skills in trading and investment, which can impact making a profit in the future.

that way may only be done for people who are already professional in trading and investing.
most for new people is to follow the signals given by friends or other people. and some are just trying their luck with the origin of choosing assets.
there is no definite reason or way we can do proper analysis and planning. I'm sure all plans have a 50% chance of success.

They should learn more about trading and investment because they can not always depend on the signals to improve themselves in trading and investment. If they do not learn more about that, they will see that someday, the signals will not work because the market can change at any time. I am sure that we want to make more profit from trading and investment so there is no other way for us not to learn more details to have good skills.

[aylabadia05]

I've been thinking that now there are many market prediction projects. I'm using X predict market for example.

People will be able to somehow know the market anticipation in advance. Like will the price of btc rise or decrease?

But this information might change participators' choices again, how should we adjust our strategy according to this kind of information?

Anyone who understands about cryptocurrencies, surely they can give predictions. However, a prediction can not necessarily be used as a conclusion. Crypto activity in the market, always changes from the prediction results, so I dare say that the prediction results are not very influential.

[aemma]

I've been thinking that now there are many market prediction projects. I'm using X predict market for example.

People will be able to somehow know the market anticipation in advance. Like will the price of btc rise or decrease?

But this information might change participators' choices again, how should we adjust our strategy according to this kind of information?

Many predictions projects? I don't think I have come across any or were you referring to predictions by experts and analysts.
Nevertheless, let me ask, all the prediction projects you came across with their scores of predictions, how many of those predictions actually worked? For a long time now, we have seen that predictions hardly work because of many market influences and factors such as fud, manipulation, hype and so on; all these plays a role in either pumping the market or dumping the market. Remember when Elon made a statement about Bitcoin and the market reacted by dumping and recently when a good crypto event was launched, the market reacted by pumping. I think the truth is, predictions might work but the influence is always small and most times it works if there is no bad news and vice versa.
Therefore, I don't think there is any prediction projects which can track the movement of Bitcoin or the market correctly, you just have to trade carefully or focus on good coins for long term.

[rutherford]

One of them is that we must collect various information from several market sources, and share information with each other so that we can notify each other of updates on each price in the market.  Of course, it is not an easy thing to predict, because the circumstances when trading in the market will determine the price of the coin.  In my opinion, learning and knowledge will certainly provide an opportunity to determine market conditions in order to predict them.

[huu78]

For me such information is just a reference. Because I personally will remain consistent in what I will do. Like buying for today, and will sell it 2 years later. It's not really short term advice, but I want to say that your own decision is enough to help you trade.

[Hannahanto]

When you're in a market or want to jump into a market to trade you don't have to rely on predictions from big sources cause most of this people already bought the coin before dropping the news. Though some of this predictions turns out to be right but you know it's unlike forex factory that gives you the current news on when to trade. In crypto you need to be very careful and practice risk management or you might end up blowing off your account

[Bustart]

I've been thinking that now there are many market prediction projects. I'm using X predict market for example.

People will be able to somehow know the market anticipation in advance. Like will the price of btc rise or decrease?

But this information might change participators' choices again, how should we adjust our strategy according to this kind of information?

Predictions also helped us formulate a good idea and mindset, but I failed to follow one time this year that's why also suffered with my altcoins holdings.
That really affected my asset, because I didn't listen to what I seen on bitcoin market which is reall happening right now and it affected a lot of cryptocurrency coins to drowned on their respective price so cheap.

[calya]

i have no any tools for prediction of cryptocurrency market . i see the news and other sites for prediction bitcoin. any market depend on sell or purchase if we sell our coin market goes down but anybody cant initiate the market risk at time.

if you skill in analizing market , you can make your own prediciton. Trend recognizing be first thing we have to learn so we will in which direction price will move. Fundamental or news as trigger to support the trend that describe in chart.

usually it depends on bad news or good news circulating on several sites, but you have to be careful because not all news can have an impact on the exchange, sometimes only some news from influential people like Elon Musk can give cryptocurrency price movements at the exchange.

News that come to market as a trigger for market movement , if we see bad news price will drop and vice versa. Sometimes fud will not working anymore if market already experience with this FUD. China FUD maybe could be an example that FUD not always working while investors be smarter than before.

[TheUltraElite]

But this information might change participators' choices again, how should we adjust our strategy according to this kind of information?

If the same group contains people who trade regularly then they will be making decisions based on predictions. Because the ones who find it bogus (the better informed group in reality) will have already left than group and set up their own predictions.

But honestly speaking, you should not focus on such groups and channels. Because the owners are known to pump and dump shitcoins because they own them and they will be selling while the rest of the members are buying them. It is a type of a scam but you cannot do anything legal about it except separate yourself away from it.

I would call it "mis/dis-information" more often. Crypto is full of such groups. Dont fall prey of them. Learn to read the charts and try dummy trading on your own first and then start trading yourself.

[XUNing]

Market forecasts are just another option obtained by analyzing trends. When you get new information about the market, you may need to adjust your strategy based on the information you receive. For market forecasts, it is difficult to predict the risk level of cryptocurrencies, and the price trend of cryptocurrencies can never be correctly predicted. But some market forecasts can also make us panic and make wrong judgments. So don't completely believe in market forecasts. Many forecasting tools are not very accurate and sometimes change and cause losses.