Why you should stay off from market prediction

[Parodium]

Definitely. I think there are far too many people trying to predict the movements of the market by comparing trends to what has happened previously. People are not cyclic creatures, they respond to the totality of the information available to them, if that amalgamation of information is different, then they may respond differently. Just because something happened one time, doesn't mean it will happen again if the same conditions are met either. It's best just to be reactive most of the time, though there are some opportunities to be proactive if you are intelligent enough.

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[laiya94]

I think it should be correct as not away from predictions but stay with good predictions because even if we place a buy or sell order inside we predict that market will go up or down so we can't away from predictions if we are in the crypto market.

[momoore1989]

Events that can boost or kill the markets are quickly exploited by professional traders.Despite the increasingly random nature of the stock market, it is still possible, for the average educated trader, to exploit pattern.

[rumexx]

Online cryptomarket is a speculative market that is always affected by market sentiments. Prediction is not always correct and can bring a lot of loss to traders who solely depend on the expert predictions. I will advice you should listen to the market news and trade the news.

[OSYA]

The predictions don't have any physical and fact background as its basis. It is more like a guess without any support. The prognosis is more serious and supported by facts and knowledge collected. It is also depends on who is making the prediction or prognosis. I would listen to only reputable profesdionals in this digital currencies industry.

[Verde_Mantis]

In my opinion making predictions on BTC is a kind of roulette, sometimes you can win but it's just about luck. There is too much volatility, a lot of manipulation and too much FUD.

[arienna23]

You should stay out of predictions because they use it to hype or make FUD in the market. Besides predictions are not always accurate and cryptocurrency market  is different from stock market where there is a regulation and can easily predicted.

[jemarie20]

No one can predict what is exactly will happen in the coming months of even days  or years that is why there is no complete reason to believe in any kinds prediction, but if we are talking  about crypto currency and you want to earn more and more by just buying and holding many different coins, the things you need is hope that some day you can have a good profit by just holding your coins, so in that point you can help your self to be patient.

[Compiler]

Obviously you have to stay out of the market predictions, but I think that if you are thinking about investing you should take a look at many predictions and opinions, to end up with your own prediction and decide whether to invest or not. Because if you lose you can not blame the guy who said that Bitcoin was going to rise, because it will be your fault and no one else's fault.

[notyours]

There are so many predictions this year are wrong. So I do not believe in it anymore and it is better for us to work out how to be able to learn exactly what the possibilities are.
We can find out what prices can happen depending on the development of the crypto currency. If it is a good idea, it will definitely increase the demand and can be a result of price hikes.

[altercreed]

Obviously you have to stay out of the market predictions, but I think that if you are thinking about investing you should take a look at many predictions and opinions, to end up with your own prediction and decide whether to invest or not. Because if you lose you can not blame the guy who said that Bitcoin was going to rise, because it will be your fault and no one else's fault.

That's one of the major problems of new investors to cryptos. They invest because of the predictions made by others but they don't know that even experts in crypto with good understanding of technical analysis will also fail. Now, once they fail, these investors will surely get frustrated and started to turn their backs to cryptos. Why not stay off from market predictions made by others so you won't get distracted by it and just set your focus in a long term hold?

[Marlo0619]

Yes, you have a point. Predictions is just thinking in advance which is not sure if it's true or not. It is true that listening to someone is not a good idea because he can not know all things that will happen in the future. But having a hope that the price will rise again or bounce back again is the only thing that we can do so that we will noy stop using bitcoin.

[Ebeano]

I think you are right.
Going by the fact that no one can be able to predict the market 100%.

[Raggie]

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.

Because market prediction can lead you to a false promise without certainty.
Cryptocurrency is volatile, there is no way you can predict the price.
If peoples could predict the price, we wouldn't afraid to buy the coins few years ago.

[Naelanikor]

I think that everybody starts to realize that predictions are helpless. Cryptomarket is too difficult to predict and every news can easily ruin or build everything

[Nelly.G0211]

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.

All kinds of predictions cannot be 100% trusted, but there are some characteristics and indexes that can help to predict. But it is definitely not the only thing you need to focus one, while choosing the strategy.

[bitterdog]

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.

Thbk you so much for this. Im also agree those reason that you've write is some of many reason why we have stay away from market prediction, because theres still a possibility for them make it wrong.

[bright07]

Every work is predicted to happen. Listen the prediction but don't depend on it. It is just a hint, not a surety so you have to take your own decision. From prediction sometime you get profit but it is not forever.

[fianaindriati]

Every work is predicted to happen. Listen the prediction but don't depend on it. It is just a hint, not a surety so you have to take your own decision. From prediction sometime you get profit but it is not forever.

we all know of course, that every prediction is not necessarily happening. because the prediction is only our estimate of future developments, but the reality is not necessarily the same, so whatever will happen in the future we have to support it.

[Gogosialver]

It makes your judgement clouded with people ideas without you not knowing how things ought to be as it is.