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Author Topic: Why you should stay off from market prediction  (Read 4701 times)
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July 11, 2018, 07:50:48 AM
 #41

it's always better if we can make our own prediction and not depends on other people's prediction because if we make the prediction, we make with based on our experience and our skill so we don't have to blame other people because their prediction is wrong. maybe the other people's prediction can give some clue or guide for us to make our prediction. but sometimes, we need to make speculation for the market so we can make the prediction works and we can make some profit.

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July 11, 2018, 07:53:16 AM
 #42

I think that many people predict that bitcoin prices will go up and vice versa
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July 11, 2018, 07:58:26 AM
 #43

I believe that people should not rely more on predictions or speculations since there is no definite assurance
that guarantee it will increase the price immediately. It's better that you should be observant on the current market trend and study its pattern on your own.

There are some prediction are not so true some are relay on what they are read a or what they hear from the news or TV because when you say prediction is a statement about a future event. A prediction is often, but not always, based upon experience or knowledge  that's why you have keep on updated to all happenings in bitcoin so you know already the happenings.
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July 11, 2018, 08:03:29 AM
 #44

It’s just that predictions don’t necessarily happen. Of course, those who make such predictions may have some thoughts.
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July 11, 2018, 08:14:28 AM
 #45

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
 

Don’t let speculation and assumption make you decide what to do.
Yes, I agree with you. When investing, I always remind myself not to believe in any other opinion. Because it is not the best idea, I always think my opinion is the best.
So I never had a loss in the Cryptocurrency market. I usually take profit early and never greed. Grin

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July 11, 2018, 08:24:52 AM
 #46

Many experts are evaluating the price of the market every day with the analysis is different because each expert has their views. I only follow and learn about these analyzes, and I never believe that these analyzes are accurate 100%

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July 11, 2018, 08:33:27 AM
 #47

I never believed analyzed the market on the internet, or some blogs of experts are correct. I believe in analyzing my market rather than believing some others. Sometimes my analysis may be wrong, but most of the time I have analyzed the price of the market recently are accurate

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July 11, 2018, 08:40:02 AM
 #48

The crypto market is much more random than what most investors think. Indeed, it looks almost like a random walk: even if it has been going down 7 days in a row, the probability that it will go down tomorrow is still 50%: random walks are memory-less processes.
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July 11, 2018, 08:41:34 AM
 #49

I always choose the holding method, and I never pay attention to the market analysis of expert analysis groups. I bought a lot of coins and held them in my wallet. I will only sell when the price of the coins rise

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July 11, 2018, 08:45:28 AM
 #50

It's okay to believe in some market predictions, but still don't rely that much, after all, it's still an opinion. Also, Bitcoin fluctuates it is obvious that we cannot predict it's value  that accurate

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July 11, 2018, 08:49:49 AM
 #51

Prediction is the core of bitcoin market. Without prediction, entire market is bound to fail. We invest in bitcoins because we believe that the value of bitcoin will be high in future. That's one kind of prediction.

Also majority of the crypto trades are based on short term predictions. If people stop predicting/speculating bitcoin's price, the market movement will be halted and the growth will be stopped. Bitcoin is largely a speculative asset. Without prediction, nothing will be achieved.

Prediction without basis is really not a good thing to believe with, but as we all know the cryptocurrency runs with predicted outcomes that might occur in the near future, we do not need to trust prediction which is kerely opinionated. We hould firmly believe to the ideas given by the experts who gathered information, conducted research and such in able for them to prove the things they are saying. It is not bad to believe but lets believe to the facts.

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July 11, 2018, 08:57:39 AM
 #52

Predictions are always part of the speculative market and cryptocurrency market is one of them. A lot of us, especially the investors and traders speculates on the currency they want to buy or sell and then make a move. Predictiions are not bad but you should entirely the fate of your investments on it. You have to monitor the market regularly and learn how the price move and what causes it to rise or fall.  
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July 11, 2018, 09:29:20 AM
 #53

I agree with this opinion, and I am a victim of market prediction. although in truth I believe in the coin, on the project that was built behind it, but the market said otherwise and did not match the prediction.
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July 11, 2018, 09:45:42 AM
 #54

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.

1. I also think the same way.

2. There is nothing wrong to be a speculator specially if you have reliable facts to hold on.

3. All of us are onlooker, just in different manner.

4. How would you consider those early adapter who are millionaires right now?

5. It depends on the person on how would he react to price speculations. There is just people who are lazy enough to not to make there own analysis and rely to those predictions of other people.


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July 11, 2018, 09:48:54 AM
 #55

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.
Maybe it depends on you and how you handle yourself to some predictions or speculations. It is just up to you and your instincts. Whatever is the news you heared, the decision is yours.
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July 11, 2018, 09:53:23 AM
 #56

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.


Predictiions are not bad but you should entirely the fate of your investments on it. You have to monitor the market regularly and learn how the price move and what causes it to rise or fall.  There are so many different opinions that no one should take them seriously. Cryptocurrencies are relatively new and no one knows what is going to happen to them. I'm positive about their future.
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July 11, 2018, 09:54:44 AM
 #57

Well i could not agree more with because we are unique individuals and we are different in ways how do we understand look life and that includes even on how we are going to learn. Listening to those people that are doing good is not bad at all. They just want to make you realize on what you did might be wrong. Just be open minded even you listen for those news if you will have your own standings even if it is a FUD you could be able to decide on yourself without depending on those FUDSTER's view.
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July 11, 2018, 10:01:50 AM
 #58

Totally agree with you. I stopped following any kind of predictions many days ago. Because We every crypto people already have seen lots of prediction goes to the wrong. There is no one who knows the crypto market exactly, It is not possible. No one controls the crypto market. Following the prediction always gives a false hope. After breaking that hope people become lost too. So, don't run before any kind of prediction. Do your own research.
Are you sure you can stay off predictions completely? To me, everything based in crypto markets are mostly vased on predictions. We all predict the market to increase in price by the end of the year. We don't have any strong fact that it will rise today, tomorrow, or any other day. But where I'm in support of your point is that we shouldn't be vexed in that or we might follow a wrong group who will entice you to join their pump and they might dump on you.

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July 11, 2018, 10:10:53 AM
 #59

No one knows the future itself. Some people are very found of believing and following some kind of predictions, not only here in the crypto currency but also in some other aspects of life. No one have the power to control what will happen in the crypto world. The life here changes unpredictably. In the world we are living, we should always remember that there is no permanent except change.
jordankoa30
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July 11, 2018, 10:31:54 AM
 #60

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.
I think the prediction is a reference and it would be correct to know how to select it instead of avoiding it. In today's internet age, our grasp of information has become much easier. However, we can not cover the amount of information that massive. Having a plan from the information is very good, but surfing through the predictions to see more information or new information is probably not bad either.
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