Why you should stay off from market prediction

[changxia]

I don't believe in those predictions. I believe more about the actual situation I have seen. I am a positive and optimistic person. Even if the market is down, I will not be frustrated!

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[Zalaster]

Coincidentally, it is better to trust your own opinion, intuition. Forecasts are sometimes created for the purpose of manipulation, which is reflected in the market. Holders panic, whales become richer.

[Rooster101]

Predictions and speculation has been part of cryptocurrency trading and those who involves in trading are always using it. When you are trading, you will have to think of what will be the price within a few minutes, days or months so you will going to speculate or predict the next possible price. There are also crypto analysts who predicts the future price of the cryptocurrency but it is up to you to believe them.

[Kat_messy]

Predictions do move the market. Even if you don't believe in them, they still affect the market, as there are many that believe them.

[colvis]

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.

Well you are right
But the truth there is that some time prediction gives you hope not to sale with the present market situation,  it motivates you on market price and what you have intend to achieve.  When you predict sometimes it got you to the wrong side why most are times it become the best option

[BILGPS]

too much giving importance to prediction will make you worry every time and you will act like speculator every time and it is not good for the long term investment as i like to hold my investment for long time if i give attention to prediction then i will certainly act like a speculator and if i toke decision in hurry that will be not fine for future.

[Marlo Stanfield]

Every economic decision in every market can be considered prediction or speculation to some extent. I don't think you can really separate yourself from that economic reality.

[xbossJ]

Attempting to predict cryptocurreny markets is like attempting to read peoples minds! Its way difficult than most people think! Most predictions fail because for every chat you consider, its way beyond lows and highs, its way beyond spikes, every chart/ curve conveys peoples frustration, hopes, cries, pain, happiness, decisions(good or bad) fears etc., all of these are attributes which most supposed predictors can not keep up with! These are not easy to predict. If you attempt to predict and wrongly, you only endanger your reputation

[bjmpoker001]

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.

Prediction can be used to manipulate the market by some peoples. They could paying some people with high influence in the social media to predict the price of the coins. If this happening, some coin price will have some significant changes. And there are some peoples who take advantages of that.

[[ProTrader]]

Relying on others prediction is laziness. No one can predict the market right at all time and sometimes it is just a hype and a bait for newbies and even experience traders. It is better to do your own research and update your self in what is going on in the market.

[ntodntodan69]

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 really agree with your setup sir! everyone must have predicted in the future whether it would be good or bad! and rightly without good predictions it will certainly not succeed and will fail!

[baho11]

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!

[Yadamosan]

Most of the bitcoin users are still holding on just 1 reason and that is prediction without prediction why should they invest on bitcoin? nowadays only prediction is the hope that all bitcoin users holding on, and without prediction crypto market will bound fail, also articles and forbes about bitcoins are saying that prediction is the best thing bitcoin users will hold for now, because even though we never knew what will happen on the future, our future is only basing on that prediction or assumption so why should we stay off from market prediction?

[Vanessahardy87]

I believe that trying to predict the market leads to disappointment. therefore, the best strategy is a long-term investment. there are only 2 options, or the technology will grow, or not.

[BCTalkaccountforsale]

This article is very useful for everyone and especially for newbie. With the cryptographic market, it is important not to believe anyone, be consistent, think carefully about the situation, decide on your own. The crypto market will immediately drown you with the wrong decision, who is sure to be right and advises you to stay away as there is no certainty here.

[Piggymonster]

We should not care about market predictions just because important persons said it doesn't mean it stand. Nobody can exactly tell what will happen in the future, if you listen you might as well end up making unwise decisions.

[pro army]

I am of the opinion that you can study forecasts, even a few, but still draw your own conclusions and be guided only by your decisions.

[Urbinklin]

All your comments about forecasting are correct. Everyone should think with his own head and do only what he sees fit, and not to succumb to someone's imposed opinion.

[bitvelk]

I like to read forecasts, especially when they coincide with mine. But I never focus on it, and study them as an expansion of horizons, nothing more.

[Zigzagkuy]

I think that prediction is luck. You predict the market will increase without knowing the knowledge so it can be said that it is a factor of luck. So if you have to stay away from predictions then you are not worthy of being a lucky person. Every individual has a different opinion about this. Sorry if my opinion is me.