Why you should stay off from market prediction

[ntodntodan69]

I think, we don't have to stay away from market predictions, because sometimes with market predictions we can know what the value or price is for each coin!

[wengden]

Yes! This market predictions are bullshit. As an investor,you should be firm on what you took risk. Predictions can only lead to disappointment.  Reality vs pr3diction is like sky and land.
Be firm on what you doing.

[katarina007]

Although market prediction is not so reliable, it is an important part of this market. i think we just need to select right predict to believe.

[Missterio]

It seems to me no one should listen to anyone because nobody can know the future.

[tungnhapchanvui]

Although market prediction is not so reliable, it is an important part of this market. i think we just need to select right predict to believe.

please tell me how to determine whether each prediction is reliable or not ? 

[Assface16678]

I rarely rely on other people's predictions, but I sometimes think about it and watch the charts trying to understand what's going on. You have to realize that price is an indicator of potential problems. I don't believe that there are people holding coins worth hundreds of thousands USD and not reading a single prediction. It's like with any hobby that you might have. A car needs maintenance, a pet needs care, your investments is not an exception.

In this case, well there is an intelligent guess where as the ideas are basing on the stats and data given by the experts, or even the numbers shown by the crypto itself. With this we can say that the prediction is not impossible to happen, if and only if it has the basis on where it came from. We can conclude that prediction is part but we should think critically in order to avoid false news. Bitcoin is an unpredictable market, but one thing is for sure it willake everyone successful.

[jon0008]

Market prediction is just a guide, its up to us if we will follow it or will not, it is still the best option is to watch and analyze the market market and always up to date in the news.. this you can tell how the market or the project works.

[bertak]

I like forecasts because most people trust them. So I can understand the behavior of most bitcoin holders and make a profit in this situation.

[Bitcoin demon]

Prediction is one of the trades in our own decisions. There is no definite thing in crypto trading and everything is based on speculation from traders and analysts. If there is no speculation there will be no trading going on.

[ethereumhunter]

sometimes the market prediction is made people confuse to decide what they need to do because we've got any information about the market for the next hours or days. we cannot determine whether the price will increase or decrease and we only waiting for the price moving without doing anything. it is better to make our own research base on the market situations so we can know what we need to do. and I think we can use the market prediction as our guide too for analyzing the market.

[LeavingEden]

Yes its good that you aware on what's happening on the market, prediction would be good for others to get some idea. But me i just focus first on joining bounty campaigns now, im not worried about the price. Its not an issue for me now, even its low or high I'll be okay, even its low it is  better than nothing. As long as there's a price I'll go and continue involving here. There's a time for me to think about the market price maybe or hopefully soon.

[DanielJacob]

In this case i must say I will never stop predicting because without prediction we can not go ahead in this crypto world. yes, it is right that some time prediction harm but it is not a big deal.

[jatin729]

because i don't believe in price prediction because they predicted price on the basis of only one factor which is supply and price history. They have neglected all other factors i.e. Government behavior towards crypto, I have one example Like in India 6th July 2018 Banks officially stopped providing services to exchange and it affect price adversely. It is just one example there are many example which failed the predictions.

[poTTer666]

I do not depend on others predictions as you cannot rely on them, so I predict on my own.

[nightfury]

I believe it would be just better if you stay off from market prediction if you're into a long term hold because the more you're updated to daily progress of your crypto assets, the more paranoid you become especially when things seems to swerve as planned. The more paranoid you become that the progress of the market will dim your dreams, it may also lead you to sell off your crypto assets too.

[Matty96]

This is absolutely right.
I was a huge fan of TAs. I have followed a lot of TAs masters. They have very good indepth analysis based on from several to hundreds of indicators they are aware of. However, whenever they have their analysis showing bullish or a bounce up, the market acts exactly the opposite way. It goes straight down.

All market prediction are about probabilities so you should never believe in it 100%. You may not need to stay off, but dont base on it too  much.

[amia1864]

I do not trust the predictions of other people or any organization, it's just an opinion, I take the time to find out the market, the news

Market forecasts give us an overview of the market. Even though we do not really trust them. But it can give the idea for the next transaction as well as how to manage the money.

[HitMarshall67]

I believe that in this market what we get at present we must grab that there is no room for prediction. Because for wrong prediction many people still suffering.

[FourByfour]

I do not trust the predictions of other people or any organization, it's just an opinion, I take the time to find out the market, the news

Market forecasts give us an overview of the market. Even though we do not really trust them. But it can give the idea for the next transaction as well as how to manage the money.

Yeah, they might be wrong but some can actually give you good advice , but still all decisions must always be yours. 

[bigbosma]

More experienced traders and investors are well aware of this, but for beginners your post is very useful. Do not blindly trust the forecasts.