Why you should stay off from market prediction

[Glutius]

You can trust the forecasts, you can not trust. Often come across quite profitable and correct forecasts. Therefore, study them and on the basis of the information received, develop your own strategy.

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[Rainbow009]

Predictions are only speculations and assumptions.
The market is so uncertain and unpredictable.
There are possible pointers in the possible direction the market would take.
Cryptocurrency is a new field and is very subsceptible to changes.

[AniviaBtc]

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.

  Market is unpredictable, anything can happen in the market at any given time, price value of one coin may goes up and goes down dependent on the volume of investment by the investors in the market, yes, i agree with you on the what is posted in the thread on how to help one individual investors for such investment. Never rely on what is posted on social media from one individual speculation about on what to become of Bitcoin in the market.

[rtm125]

It seems to me that it is simply impossible to predict the exact development of events in the crypto currency market! So of course you can follow the forecasts, but be very careful in this.

[Glutius]

By the way, I have always been wary of market forecasts. Of course, it would be healthy if the market development could be predicted, but it is too unstable, so often forecasts are simply meaningless.

[prehisto]

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 would say, listen to a lot of predictions but dont follow to any of them.
Interesting enough a lot of TA  so called specialists where calling for moon recently and look where we are now.

[kasurnya]

all opinions above are true, I personally strongly agree.
and I am not at all interested in market predictions. because it can't be trusted at all.

[Carlosfeer12]

Predictions are the most important things in this business and you must predict. 

[virarara]

Yes, of course, because sometimes their predictions aren't true and they even vilify coin coin cryptocurrency. I hope those who are like that will regret.

[nina_duschenko]

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.

Before you start to follow by market prediction try to make your own analyze.

My tips:

#1 Why should you believe this prediction? Who wrote it?
#2 Do own research
#3 Don`t follow to others, try to make smth new and wondering


 

[baranovskaeirina]

 You can say one word ! A lot of pseudo traders who are looking for how to cash in on ordinary people Need to look for free channels in the telegram and on YouTube !

[Gotumoot]

It seems to me that it is simply impossible to predict the exact development of events in the crypto currency market! So of course you can follow the forecasts, but be very careful in this.

Its really impossible to predict bitcoin development. So dont believe on the market speculations, because speculations are not accurate, it will just distract your thinking, and it can make your investments gone to nothing, if you fully believe on it. The best thing to do is to wait for what will be going to bitcoin rather than entertaining speculations spreading on the market.

[GeorgiyBilyk]

I agree with many guys! I personally never guess what will happen to the course bitcoin! bitcoin is very unstable, and it's hard to guess what the price will be! it depends very much on the news. It also depends very much on how big players will behave themselves, they will buy or sell a large volume!

[Xanxus024]

There's nothing wrong to believe on what the experts prediction beside it gave's us an idea and those prediction have a basis but in the end we should make our own decision on what where going to do to become victorious at the end.

[Jamie Oliver]

Most people who forecast the market are losing money, and even if they think they are right, they are losing money in the end.

[smt_red]

How will you invest in something if you do not foresee the future of this asset?

Need to find some logic to get an idea of the amount you should pay.

Bitcoin has a large market as a store of value.  It will come to have a market value close to similar assets like gold and silver. 

Just do proper and careful research regarding a project.
 

[Dadaro]

its ok to listen in prediction if it has a basis, and don't just blindly follow predictions. made your own analysis like fundamental and technical analysis.

[adadaorlina]

I believe it would be just better if you stay off from market prediction if you're into a long term hold. Predictions are only speculations and assumptions. Never rely on what is posted on social media from one individual speculation about on what to become of Bitcoin in the market. I prefer to do a strategy to get more profit than just busy myself with other people's predictions.

[tiktak89]

I followed the forecasts several times, some of them really helped, but some were wrong. So I always study some predictions and based on this, form your own opinion.

[Jessica2009]

         Bitcoin is a peer to peer electronic cash it is not a fiat money the transaction are  kept in a digital ledger known as blockchain . To my opinion we should not relay on other peoples predictions we should have our own concept of prediction and to work out with it  . Others may be predicting what they read from media's that may not be true, media's may be giving negative news it depends, Predictions may not be based on experiences or knowledge it might be from hearing so we should be updated with all happening about Bitcoin.