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Author Topic: Why you should stay off from market prediction  (Read 4701 times)
wonderfulvn
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July 25, 2018, 01:51:39 AM
 #261

it's not worth waiting for others's prediction because they also don't know what will happen in the future. Instead of that , go and make your own research and your own prediction
Layers318
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July 25, 2018, 01:54:48 AM
 #262

Predictions are not solid, hence must not be given a full trust yet they form part of the strategies with which investors decide when to buy more, how long to hold and when to sell. The best way to follow predictions is to follow crypto experts who predict out of analysis of the market.

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July 25, 2018, 03:55:17 AM
 #263

I think it is better if we can collect some prediction as our guide to determine the target price especially if we can get an image about where the price or the trends want to go in the next few hours. and by doing this, we can make our prediction base on the prediction and we can place an order to buy or to sell while we can still watch the market so if something is not right, we can cancel the order and make another order. and if we can do this over and over, we don't have to collect the prediction and we can easily to make our prediction base on what is happening in the market.

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crossabdd
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July 25, 2018, 04:38:23 AM
 #264

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.
Yes, you are right. investors must think long term. and not easy to influence. like to forget. when you've bought bitcoin for the long term. never see daily prices. it's better to forget and return to your daily activities. so you are not affected by speculation and prediction. and you can return at the time you specify ... for your example back in 2 or 3 years in the future.
Uno17
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July 25, 2018, 09:49:08 AM
 #265

Because there a lot of predictions and speculations that is not true and causes negative decisions and actions like for example panic selling and withdrawals, therefore it is not healthy to rely on predictions and speculations, instead it is better to focus direction and determination and positivity, because that is more effective way.
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July 25, 2018, 09:52:49 AM
 #266

Market predicting comes to the cryptomarket from stock exchanges, but it not working there.
Profesional traders know about it, but all trying making moneys on lie theories

zombieservers
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July 27, 2018, 01:11:46 PM
 #267

Market prediction is important for every investor because he invest in market because he think about estimate period when price will jump on particular time and he get profit. but now many predictor is giving false info and we follow them so we get loss in market so best thing is we need to learn market and charts on our level than take decision.
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July 27, 2018, 01:16:43 PM
 #268

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.
If you are a type of person who can be easily discourage better not listen to the predictions. If you easily believe or does not have time to research better not listen to what others especially if non-expert.

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ranman09
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July 27, 2018, 01:21:30 PM
 #269

I think you should have added to your list a caution on pump and dump groups. They are the ones causing most of the false prediction, speculation, and news. Plus they have lots of effort doing this.
money_amount
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July 27, 2018, 01:31:16 PM
 #270

Predictions are just predictions. Anyone who can predict it. Most of the articles on market forecasts usually have no basis for those predictions. This is the reason I do not believe in people's predictions.
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July 27, 2018, 01:49:01 PM
 #271

Well said, prediction has lead a lot og of people become bag holders of shitcoin. Its really good to stay off it, especially short term traders, end result is usually filled with regrets
rightway00372018
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July 27, 2018, 02:01:10 PM
 #272

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.

Why i did not listen to experts price prediction its because most of their prediction about crypto is not true and that the reason why im losing too much of my savings.
CockDiesel
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July 27, 2018, 02:12:20 PM
 #273

I agree. Relying on market predictions is the same as relying on the weather forecast, which is often far from 100% true.
Thanks for reminding, anyway! Wink
coromabur
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July 27, 2018, 02:14:05 PM
 #274

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.

Yes I agree, we simply observe the state of the market without predicting for the future, because if the wrong prediction it will only harm us.
Lorence.xD
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July 27, 2018, 02:17:34 PM
 #275

How will you invest in something if you do not foresee the future of this asset? You need to find some logic to get an idea of the amount you should pay.

For example: I believe that Bitcoin has a large market as a store of value. So I predict that it will come to have a market value close to similar assets like gold and silver. I also predict that with LN it will be a great payment alternative between different currencies, like Dollar - yen. So I imagine it will cost at least 20% of this market.

With this I can also predict projects that have another purpose. As for example Cardano, which I believe will be the best solution for smart contracts. There is a whole niche market in this sense that has not yet been explored. International negotiations, service constraints, etc.

These markets are worth trillions of dollars. Which would put these projects with a value at least 10 times higher than the current one.

 Yes, you already stated almost all warning signs for an investors, one should have own decision when to invest, which coin, how much money are going to put in for such investment, have all information about crypto market, the market structures, the trends, the fundamentals, the price value posted on the market and etc.etc.use the data available to come up for a sound mind decision for investment.

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khaled0111
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July 29, 2018, 06:39:35 PM
 #276

You have to listen to predictions to know where the market is going.
You are right, predictions are always wrong because every one is introducing himself as an expert.
You have to follow only experts which succeeded before in predicting the price even though an expert can make mistakes because the concept of cryptocurrencies is new to all of us.

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July 29, 2018, 06:43:29 PM
 #277

 I think that it is possible to make some predictions but how to know that they are stable ? As for me, it is worth it and we should try to earn but if something goes wrong then what to do? just accept it

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July 29, 2018, 07:36:55 PM
 #278

Crypto market is on predictable from the initial stage of the market movement on the trading platform, Therefore, as a good investors of cryto business in the industrial, is to stay away from market price, rather has an expectation price level time to  buy or sell.
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July 29, 2018, 08:03:45 PM
 #279

It depends what are you talking about. If it is btc I think it has no sense to do it by yourself if you are not a professional. Nonetheless, if you are talking about Token Sale projects then you can assume will the profit be high or not, it depends how good is your project. For instance, I have found a trustworthy Token Sale project. It is called Socratus. It is a digital platform for insurance companies. So any insurance company can connect the platform to become the part of Insurance Digital Ecosystem. They are aiming to create a win-win insurance whereby you get instant claim payment,  fair and transparent dealing and friendly prices.  It means that there is no more solo human decisions to pay or not to pay, no more lingering manual claims handling procedures.
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July 30, 2018, 12:53:27 AM
 #280

Market prediction is harmful but it is also beneficial, beneficial or harmful depending on how you use it. Predictions are wrong but there is the right. You should hear many predictions and have their own opinions, predict the market is for reference. Each is predicted as a market scenario, if enough factors impact the scenario that will occur. The thing you need to do is analyze whether it happens or not. Negative factors that you raise will not happen if you are smart enough and alert. So predict that the market is not bad at all, you can still refer to it
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