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Author Topic: Why you should stay off from market prediction  (Read 2687 times)
KorakPawon
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September 17, 2018, 01:08:18 PM
 #621

I think the market prediction is important, because if without market predictions we will use what is a reference for trading, although sometimes the predictions are far from reality, but at least we have a picture even though it is not appropriate.

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osmo
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September 17, 2018, 01:11:31 PM
 #622

I agree with your opinion, predictions can be true and can also be wrong, especially if you follow other people's predictions, predictions are the same as speculation, you better do research and price movement analysis, in trading that are confident and don't panic

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September 17, 2018, 01:11:51 PM
 #623

although the prediction is sometimes not in accordance with the reality but still that market prediction is important because it can be used as a benchmark for the world market, if we do not use the prediction what is the benchmark.

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September 18, 2018, 06:21:24 AM
 #624

Predictions can cause unnecessary illusion, mirage and extreme dependence of what is yet to come.  But if you're ever lucky, market predictions can be a leading insight into what is possibly forth coming.
But I advice that market predictions should be taken lightly. While you take the juice out of it, you should be advised to remain focus on the reality of the market of your trade. Gracefully we have charts that show steady trading insights and market value.
Faroxx
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September 18, 2018, 06:28:58 AM
 #625

It's nonsense. If we do not base our actions on the analysis, it turns out we are just Russian roulette players.

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thenameisjay
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September 18, 2018, 06:39:55 AM
 #626

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, here are some of the explanation I have per point.

1. I agree, predictions can be wrong or they're wrong most of the time. If you want to believe, the percentage of it being correct is probably around 5-10% based on my judgement.

4. And with false hope, you start becoming miserable and you start panic selling whatever you have to 'cut losses' or some sort.

If you really want to listen to speculations, never expect. Because most of the time, they're plain downers and would only mess up your mind, clouding your judgement and making you emotional at the same time; a very bad combination when it comes to investments.

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Kuchiyose
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September 18, 2018, 06:41:42 AM
 #627

Avoid market predictions because predictions are not something that will definitely happen because all are mere estimates.

beyasuli
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September 18, 2018, 06:42:20 AM
 #628

in my opinion it's wrong. we must get information from all sources including market predictions or predictions from coin trading experts. so we can get more knowledge if we will invest or start trading coins. we will also get more up-to-date information if we follow market predictions.
Without predictions such as walking without direction, therefore the predictions of experts are used as a reference for making decisions in bitcoin trading or investment. But, the predictions of experts can be ignored if our calculations are different. Because their predictions can also be wrong.
jakezyrus
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September 18, 2018, 06:48:55 AM
 #629

Avoid market predictions because predictions are not something that will definitely happen because all are mere estimates.

yes because they are called predictions at the first place which means un reality or dont have any guarantee that it'll happen fo real .  but i guess its okay to have a prediction because that will somehow motivate our selves by thinking positive thoughts as most of prediction are mainly focuss on positivity rather than being negative .


It's nonsense. If we do not base our actions on the analysis, it turns out we are just Russian roulette players.

yes all of us here are like playing  Russian roulette because cryptos are like gambling . we dont know the total outcome of their prices and we are being played by big players such as whales . so , we need some luck to be able to earn from this market .

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