Why you should stay off from market prediction

[ninabobo]

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.

so? Which solution do you provide?
I think the notion is not as you describe, basically we have to predict and analyze every market situation.
and if I am wrong, please give me suggestions and opinions that you understand.

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1714619566

[Fredomago]

Well, therea re too many people making fake predictions and that is one of the reasons of why there is too much fud on the entire market. The same happened on december, because of the bullish predictions, there was too much hype

Those fake news really create panics so better to stay away from them if you are really an investor, you need to do your owned research and analyze well what can influence such movements, you need to have a concrete basis before you start investing, knowing each factors and assess if you can take the risk is very important, if you are familiar on what to do in certain market behavior yo will avoid mistakes and you will not be moved by any fuds that circulating around.

[CryptopreneurBrainboss]

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.

I stand with you.
In fact whenever I introduced Crypto to newbie after all the basic I end with the price prediction so as an investor and  a trader, I can boldly say, the market can't improve without predictions

[whimptay]

Im here for long term, so who cares about predictions, dont trust anyone! its easier to hodl, dont trade.

[Susan Diass]

If you don't read news and such advice, you will never know what's going on in the market. I find it somewhat helpful. Not being too dependent on market predictions but using your own critical mind is okay.

[Scott Freemann]

Our own predictions can be wrong. Anything can happen. Every prediction is just referential.
We have to resort much to our critical mind and observation skills. But I still think that market prediction plays an important role in our decision making.

[Nunii]

Speculation drives you crazy which may lead you to FOMO or FUD thus, affecting the market positively or negatively, respectively. Just do proper and careful research regarding a project. Wait for it to boom in time from organically true community demand not just pumps from various groups.

[DoublerHunter]

There is no benefits for you if you are going to just stay at the prediction and depend on them because there is no possible way for you to continuously make money by just depending on the market prediction and you need a lot of work and you should rely on yourself only so you will not regret your decisions in investment.

[oginiimaoyani]

In trading cryptocurrency there is no sure thing every thing is base on predictions and I think prediction is what keeps the market going.

[perla]

Im here for long term, so who cares about predictions, dont trust anyone! its easier to hodl, dont trade.

right, don't trust anyone in crypto. they only want us to follow what they said. They do that because to get profit for them and people who follow them only left with loss some asset. that is happen every time

[megatrix]

I believe that we should not solely base our actions on predictions and speculation. But I also think that predictions and speculations are the ones that makes the market alive and kicking. Even the experienced traders and investors are also using speculations and predictions although they are also using historical data and figures as their basis.

[Reza1893]

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.

Totally agree. As Investors, we must have a strong mind and sense. Prediction is for traders not a investors. Investor has a vision. So if investors use a prediction to invest in any investment, I really sure that will lose all of the money.

[DungPhan]

It often goes against experts' predictions and crowds

[eashikde]

At this point in time the crypto-currency market is very volatile and it is impossible to guess the movement of the market. I think it takes some time to make the market more stable, then it will be possible to look at the forecasts.

[-Sinner-]

One thing that i learnt over the past years, is that no one is able to predict the future. No one! not even the best experts. they give probability, but they can be easily wrong.
If you see someone that is always right on twitter, is just because he deletes the wrong charts and keep just the right ones

[Nasonn]

Many people don't understand that crypto cannot be predicted, the people that do it just make speculations hoping that others will follow it. Everyone should do his or her research properly and rely on this uninformed predictions and speculations.

[dewildance]

I read everyday prediction from someones. One of them says BTC will be destroyed, other one says will be at least 200K in this years. The other one says eat something on himself if BTC won't be 1M $ in few years. Really? Does anybody take that seriously? SCAMMER and Fud lover is everywhere in this market. Stay calm and make your own choice wisely. Read, listen and learn then invest or not. This has to be your own choice.

[rexona]

I think it's okay to trust some plausible predictions, but lest we rely on predictions,
because crypto has fluctuating properties so no one can predict the crypto correctly.

[Nhor1011]

  I think in this volatile market of bitcoin prediction is the best guide to continue hoping that one day bitcoin will rise again and give us hope. Through prediction you can build a little hope for something you expect to happen. So for me there is nothing wrong if we predict always the bitcoin price. Even in doing trading you always predict because you really don't know if the price in next minutes or hours will going high or going down.

[Innerpumper]

listen to the predictions of others very allows us not too confident in trade bitcoin, therefore, we need science to trade before making any predictions. In addition, we also need patience.