What does that mean for the average investors? Even if you happen to "guess correctly" and avoid some downswing in the market, how much was plain luck and how much was solid prediction? would you be able to replicate a prediction when even experts, with the advantage of time and information, get it wrong too?
The amount of risk involved with making calls when it comes down to cryptocurrencies is very overwhelming. One right call and you'll be minting hundreds or even thousands in a matter of hours and at the same time, one unforeseen wrong call can see your portfolio collapse to the ground.
Following predictions from signal groups or similar entities is just fine as long as they are getting most of their calls on point. This can easily be understood by listening into them for a couple of weeks and seeing how their calls turn out to be. Even they could be wrong at times but with a large pool of followers, they are ought to be right on most occasions.
