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Author Topic: PREDICTION IS SOMETIMES LIKE A FALSE PROMISE  (Read 20926 times)
mirakal
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January 20, 2019, 01:26:35 AM
 #121

Last year saw many people predict BTC year-end prices, but nothing was validated with time. it is very difficult for BTC to reach predictable prices. Future price predictions fail to consider many factors and problems that may occur over time. Maybe, we can only estimate the value of assets for the next few days like weather experts.
You are right, the forecasts do not need to be trusted, especially when it comes to the market of crypto-currencies. In the short term, the price can be guessed, but not with 100% accuracy. Therefore, I decided for myself not to trust the various experts and make decisions on my own.

I agree with you, that we should not trust anyone regarding on prediction because crypto market are changing always depending on the market demand on which can possibly give us a profit or a loss if we don't have enough knowledge and strategies in crypto market.
Trust on yourself, that's the only thing you do if you want to survive.
We are in the free market and we have the freedom to say whatever we want and some people are so vocal with their prediction but that
prediction is just based on their opinion. Although they analyze that well before they come up of it, but it does not guarantee anyone that it will happen.

One of the reason why a lot of people failed investing in crypto is because they don't trust themselves, they rely too much on experts opinion.

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maculeth
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January 20, 2019, 01:44:18 AM
 #122

very difficult to predict btc. many people say in q4 in 2018, btc will go back to the moon, but in fact until 2019 btc still hasn't shown the biggest increase. yes right, we can only estimate the BTC price for the next few days based on seeing the market cap, hight price, and low price.

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BeGoods
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January 20, 2019, 01:59:12 AM
 #123

Last year saw many people predict BTC year-end prices, but nothing was validated with time. it is very difficult for BTC to reach predictable prices. Future price predictions fail to consider many factors and problems that may occur over time. Maybe, we can only estimate the value of assets for the next few days like weather experts.
You are right, the forecasts do not need to be trusted, especially when it comes to the market of crypto-currencies. In the short term, the price can be guessed, but not with 100% accuracy. Therefore, I decided for myself not to trust the various experts and make decisions on my own.

I agree with you, that we should not trust anyone regarding on prediction because crypto market are changing always depending on the market demand on which can possibly give us a profit or a loss if we don't have enough knowledge and strategies in crypto market.
Trust on yourself, that's the only thing you do if you want to survive.
We are in the free market and we have the freedom to say whatever we want and some people are so vocal with their prediction but that
prediction is just based on their opinion. Although they analyze that well before they come up of it, but it does not guarantee anyone that it will happen.

One of the reason why a lot of people failed investing in crypto is because they don't trust themselves, they rely too much on experts opinion.
it could be like that. sad that many users only depend on opinions or signals from other traders that make the market easily manipulated. with little speculation they all panic. believe in yourself dude! that's the function of knowledge that you have right? to know how to read the market?
ethereumhunter
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January 20, 2019, 02:37:26 AM
 #124

So we don't have listen to any prediction in out there and it's better to make our prediction by searching any news from many resources. You can try to draw a chart for the market and predicted where the price support and resistance so you can decide to buy, sell, or even hold for a while. But don't forget to always check the market before you do something so you will not regret later.

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Vanshenz
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January 24, 2019, 12:16:09 AM
 #125

Last year saw many people predict BTC year-end prices, but nothing was validated with time. it is very difficult for BTC to reach predictable prices. Future price predictions fail to consider many factors and problems that may occur over time. Maybe, we can only estimate the value of assets for the next few days like weather experts.
right, because no one is able to know the future, so we should not be too trusting in everyone's predictions because there is no guarantee for the truth.
we better work following our own hearts, if we are not sure, then don't do it.
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January 24, 2019, 01:45:37 AM
 #126

Last year saw many people predict BTC year-end prices, but nothing was validated with time. it is very difficult for BTC to reach predictable prices. Future price predictions fail to consider many factors and problems that may occur over time. Maybe, we can only estimate the value of assets for the next few days like weather experts.
You are right, the forecasts do not need to be trusted, especially when it comes to the market of crypto-currencies. In the short term, the price can be guessed, but not with 100% accuracy. Therefore, I decided for myself not to trust the various experts and make decisions on my own.

I agree with you, that we should not trust anyone regarding on prediction because crypto market are changing always depending on the market demand on which can possibly give us a profit or a loss if we don't have enough knowledge and strategies in crypto market.
Trust on yourself, that's the only thing you do if you want to survive.
We are in the free market and we have the freedom to say whatever we want and some people are so vocal with their prediction but that
prediction is just based on their opinion. Although they analyze that well before they come up of it, but it does not guarantee anyone that it will happen.

One of the reason why a lot of people failed investing in crypto is because they don't trust themselves, they rely too much on experts opinion.
Yeah from that, we know why are there a lot of speculations and predictions that are spinning a lot in the community, because they're all free to argue. you're right you have to believe in yourself, don't let believe in the predictions of others people who might be wrong
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January 24, 2019, 02:31:08 AM
 #127

So we don't have listen to any prediction in out there and it's better to make our prediction by searching any news from many resources. You can try to draw a chart for the market and predicted where the price support and resistance so you can decide to buy, sell, or even hold for a while. But don't forget to always check the market before you do something so you will not regret later.

We don't have to rely on people's prediction. Last year, they predicted that bitcoin price will reach up to $50k. But, what happen was instead of pumping, it keeps on dropping its price and until now, there's no sign of recovery. We have to do some research about the market. Being updated into the market will give us hint if it will increase in the next few days. But of course, no one really knows exactly the flow of market.
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January 24, 2019, 05:00:32 AM
 #128

Last year saw many people predict BTC year-end prices, but nothing was validated with time. it is very difficult for BTC to reach predictable prices. Future price predictions fail to consider many factors and problems that may occur over time. Maybe, we can only estimate the value of assets for the next few days like weather experts.
You are right, the forecasts do not need to be trusted, especially when it comes to the market of crypto-currencies. In the short term, the price can be guessed, but not with 100% accuracy. Therefore, I decided for myself not to trust the various experts and make decisions on my own.

I agree with you, that we should not trust anyone regarding on prediction because crypto market are changing always depending on the market demand on which can possibly give us a profit or a loss if we don't have enough knowledge and strategies in crypto market.
Trust on yourself, that's the only thing you do if you want to survive.
We are in the free market and we have the freedom to say whatever we want and some people are so vocal with their prediction but that
prediction is just based on their opinion. Although they analyze that well before they come up of it, but it does not guarantee anyone that it will happen.

One of the reason why a lot of people failed investing in crypto is because they don't trust themselves, they rely too much on experts opinion.
Yeah from that, we know why are there a lot of speculations and predictions that are spinning a lot in the community, because they're all free to argue. you're right you have to believe in yourself, don't let believe in the predictions of others people who might be wrong
by believing in ourselves, we will become close to perfect humans, because every mistake we will improve with self-awareness, so that we will become experienced traders later
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January 24, 2019, 07:00:15 AM
 #129

I do not quite agree. Predictions are different. If the forecast is based on faith, then you definitely should not make your plans based on this forecast. If the forecast is obtained by investigative links, then it makes sense to follow such a forecast. For example, there is a forecast that Bitcoin should grow in price this year. This is explained by the fact that prices have stages. All last year there was a stage of falling prices, now a stage of stabilization at the lowest point of this movement. After this comes the stage of price increase. Personally, I adhere to this theory, because it always works in practice.
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January 24, 2019, 07:34:26 AM
 #130

I do not quite agree. Predictions are different. If the forecast is based on faith, then you definitely should not make your plans based on this forecast. If the forecast is obtained by investigative links, then it makes sense to follow such a forecast. For example, there is a forecast that Bitcoin should grow in price this year. This is explained by the fact that prices have stages. All last year there was a stage of falling prices, now a stage of stabilization at the lowest point of this movement. After this comes the stage of price increase. Personally, I adhere to this theory, because it always works in practice.
I don`t agree at all! Prediction is a prediction, false promise is something else. Prediction can be based on facts, in prediction you can consider all possible risks but in the end you can see different results, nobody can predict the future. False promise is promise that is made with no intention of carrying it out and especially with intent to deceive.
Predictions about cryptocurrencies are not false promises, people just expect a lot and we believe in our optimistic predictions. Normal people dont give false promises, scammers do!



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January 24, 2019, 07:42:11 AM
 #131

I do not rely to the predictions that I saw in the internet. Even professional traders are commiting mistakes on predicting the price. Not all of predictions are always happening so it is better if we will rely on our own knowledge because it is a better decision.
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January 24, 2019, 07:46:22 AM
 #132

So we don't have listen to any prediction in out there and it's better to make our prediction by searching any news from many resources. You can try to draw a chart for the market and predicted where the price support and resistance so you can decide to buy, sell, or even hold for a while. But don't forget to always check the market before you do something so you will not regret later.

We don't have to rely on people's prediction. Last year, they predicted that bitcoin price will reach up to $50k. But, what happen was instead of pumping, it keeps on dropping its price and until now, there's no sign of recovery. We have to do some research about the market. Being updated into the market will give us hint if it will increase in the next few days. But of course, no one really knows exactly the flow of market.

That's right, and we need to make our own analysis base on what we see in the market. Maybe we can use people's prediction to determine our analysis so we can find the best time or the best price to buy or to sell. I see it will help us to gain more profit if the market is moving up and down and if necessary, we can hold it for a while because we are expecting to make a bigger profit.

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PlusOne88
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January 24, 2019, 07:54:16 AM
 #133

Yes, it happens a lot several times when predictions had become a false hope for the many. Even I was becoming hopeful too from their predictions and relied too much on what they have said until I realized that I have been losing a lot. So I decided to investigate and do research in my own. Though not accurate but at least I was not too overconfident hoping for some kind of a promise. Everything in the market is really unpredictable, so we must always be prepared so as not to lose our investments.


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January 24, 2019, 08:33:32 AM
 #134

Indeed the prediction is a kind of wrong and inaccurate opinion, so if we believe in a prediction it can be said if we get lost. It's better to look at the market and learn it so that it doesn't rely on a prediction. Allowing many people to predict but we can draw conclusions according to the research that we do so as not to get caught up in it.
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January 24, 2019, 09:57:25 AM
 #135

I do not believe in predictions at all and such, I prefer to do my own analysis, because the crypto market is really unpredictable by anyone.

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January 24, 2019, 07:35:09 PM
 #136

I do not believe in predictions at all and such, I prefer to do my own analysis, because the crypto market is really unpredictable by anyone.
Ni body can tell you when the market will be high and when it will get down  but don’t sell or by just with other peoples advice as no one can actually tell you about up coming pumps and dumps. Just look into the market and make your own analysis. This is your own responsibility to keep your eyes on market growth and invest on right time.
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January 24, 2019, 08:17:37 PM
 #137

I do not quite agree. Predictions are different. If the forecast is based on faith, then you definitely should not make your plans based on this forecast. If the forecast is obtained by investigative links, then it makes sense to follow such a forecast. For example, there is a forecast that Bitcoin should grow in price this year. This is explained by the fact that prices have stages. All last year there was a stage of falling prices, now a stage of stabilization at the lowest point of this movement. After this comes the stage of price increase. Personally, I adhere to this theory, because it always works in practice.
I don`t agree at all! Prediction is a prediction, false promise is something else. Prediction can be based on facts, in prediction you can consider all possible risks but in the end you can see different results, nobody can predict the future. False promise is promise that is made with no intention of carrying it out and especially with intent to deceive.
Predictions about cryptocurrencies are not false promises, people just expect a lot and we believe in our optimistic predictions. Normal people dont give false promises, scammers do!

And i believe the thread title has some substance.
The prediction by high profile people is like a promise because we think
their prediction holds a lot of weight and therefore is almost a dead cert,
like a promise!

R


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January 24, 2019, 09:41:46 PM
 #138

I do not quite agree. Predictions are different. If the forecast is based on faith, then you definitely should not make your plans based on this forecast. If the forecast is obtained by investigative links, then it makes sense to follow such a forecast. For example, there is a forecast that Bitcoin should grow in price this year. This is explained by the fact that prices have stages. All last year there was a stage of falling prices, now a stage of stabilization at the lowest point of this movement. After this comes the stage of price increase. Personally, I adhere to this theory, because it always works in practice.
I don`t agree at all! Prediction is a prediction, false promise is something else. Prediction can be based on facts, in prediction you can consider all possible risks but in the end you can see different results, nobody can predict the future. False promise is promise that is made with no intention of carrying it out and especially with intent to deceive.
Predictions about cryptocurrencies are not false promises, people just expect a lot and we believe in our optimistic predictions. Normal people dont give false promises, scammers do!

And i believe the thread title has some substance.
The prediction by high profile people is like a promise because we think
their prediction holds a lot of weight and therefore is almost a dead cert,
like a promise!




Being without any idea with low investment is not more than the prediction if we predict something if some time it will gross right then you will be there profitable person so be predictable is also very important.

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January 24, 2019, 10:28:28 PM
 #139

I do not believe in predictions at all and such, I prefer to do my own analysis, because the crypto market is really unpredictable by anyone.
Ni body can tell you when the market will be high and when it will get down  but don’t sell or by just with other peoples advice as no one can actually tell you about up coming pumps and dumps. Just look into the market and make your own analysis. This is your own responsibility to keep your eyes on market growth and invest on right time.
Right.Nobody will be able to make right predictions in the   future because all we have now are purely guesses.So we should know how to monitor the market closely and analyze what will be its next price movement.Even if we tend to ask for other's opinions  like when is the best time to invest,i think the final decision would still come from our own decision and analysis.

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January 28, 2019, 09:33:31 PM
 #140

2018 was an exceptional year for the cryptocurrency market, several prediction base on past happening in the space did not reoccur or tally with what took place, No one can have predict accurately this days the price of  Bitcoin, hopefully the future for the cryptocurrency can be stable, where prediction/speculation can be related with.
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