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Author Topic: Is not a scam ?  (Read 364 times)
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August 14, 2019, 06:26:05 PM
 #21

If the fucking anchor cannot write an article based on the trading chart then atleast he should write an article in the form of news.

I understand what you are feeling, news like this:

AUG 05, 2019

Keiser: Bitcoin Could Cross $15,000 This Week, No Trust in Centralization

tomorrow is thursday and the price is $10200 ( It's been almost 2 weeks and I haven't seen anything of $ 15000 ), that sounds like a big joke, other prediction:

AUG 09, 2019

Bitcoin Price Will Hit $250K by Q1 2023 Despite Consolidation, Says Tim Draper

also sounds like a big joke. that's why I understand your feeling

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August 14, 2019, 11:31:06 PM
 #22

There are two kinds of articles found on internet,

The one is called a news
and
The other is called prediction

I know the news articles tell the market movement in an opposite manner where a trader can predict that should he enter into market or should he leave

But the 2nd, those are called the prediction articles are real which tell the market movement in the kind of trading analysis, but today I found some prediction articles on the web and decided not to invest in litecoin or I should leave the market as the market is in the bearish trend. But is not a scam ?

If the fucking anchor cannot write an article based on the trading chart then atleast he should write an article in the form of news.
News and prediction are two different things. They are not the same. News mean articles were they update us with current events and activities. News can be false, manipulative or true. Not sure what do you mean by "tell market movement in an opposite manner"?
Predictions on the other hand are some guessing that are done based on data collected. Again, predictions can be wild guesses. So you shouldn't always follow those predictions when investing. If predictions go wrong, this does not mean the article was a scam.

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August 15, 2019, 02:31:17 AM
 #23

today I found some prediction articles on the web and decided not to invest in litecoin or I should leave the market as the market is in the bearish trend. But is not a scam ?

If the fucking anchor cannot write an article based on the trading chart then atleast he should write an article in the form of news.
dont trust on that kind of stuff mate because sometimes it's not reliable due to some fuds around the internet .  Wherein much better to make your own research and technical analysis to assure your safe and to reduce risk situation. Be practucal when it comes making decisions!
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August 15, 2019, 05:09:52 AM
 #24

I think there are paid ones as well or rich people who are in one direction that wants attention so they can tell their direction as the good one and get more money. A whale in crypto world and CEO of a big crypto company getting attention is not new, plus there are a lot of people like Tim Draper or tom lee and what not that have been always bullish these are all predictions not because they actually predict it will go that way but because they are long on bitcoin and they want all of you to be long on bitcoin to make themselves more money.

Aside from that there are unknown people or people who are semi known in crypto world who does the same thing, hell there are ones that actually take out a small margin leverage before they do an interview and then tell their opinion to make more profit thanks to it.

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August 15, 2019, 06:55:17 AM
 #25

Will stop relying on the news as most of them are just a fake, some of them don't have a strong basis and they're saying of what is in their mind just like we did. And also prediction might do as well. For the sake of being safe and not being scammed, it is better to have our own market understanding and do market prediction solely.

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August 15, 2019, 07:00:55 AM
 #26

Prediction articles are real for markets that are less volatile, but for a market that is this volatile, I have always relied more on news, which indirectly here, you are comparing technical analysis to fundamental analysis, and I really don’t think technical analysis works more.  Crypto is more of speculative market, and since it is a speculative market, it will be difficult for technical analysis to really predict what will happen within the next few hours or days.

If anyone is to enter the market, aside the fact that we have people that just guess prices a lot, I think we have to watch out for news, the moment we have a positive news about a particular crypto, it always tend to cause fomo that will increase the value of such coin and vice versa also.

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August 15, 2019, 02:36:05 PM
 #27

A lot of predictions recently (and in general) by 'cryptocurrency experts' never really work out fully or even go in the direction the experts predict, and it doesn't help that a lot of them predict ludicrous price targets like $200k and even higher, often with pretty limited justification for why their scenarios should work out. I wouldn't take these sorts of predictions seriously at all, but rather conduct your own TA and decide for yourself where things are going.
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August 15, 2019, 03:58:16 PM
 #28

 Media channels can say whatever they think, as long as they don't affect the law.
Therefore, that is why there are so many news sites that always make the judgment unaware and not close to the truth.
that's why we shouldn't believe the predictions of journalists. Sometimes they only create articles just to complete their tasks in a day.

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August 15, 2019, 08:57:20 PM
 #29

Not a Scam. Those assumptions that people Express is just their personal opinion and no one forces someone to follow it. Same thing with the news. Follow them or not everyone decides for himself.

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August 16, 2019, 07:16:11 AM
 #30

I wouldn't take these sorts of predictions seriously at all, but rather conduct your own TA and decide for yourself where things are going.
I actually do take them serious because they function as counter indicator. If the big players are telling you that the price will increase and you should invest, you should expect the price to plummet, which it yet again did.

Goldman Sachs came out with their relatively bullish prediction some days ago, which should be something that raises questions. Since when are these wall street banks bullish on Bitcoin? Probably only when they want to sell.

Tom Lee has surprisingly been quiet for a while now. I would have expected him to come up with a bullish market analysis by now, especially with how active the market is. Roll Eyes

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August 16, 2019, 12:52:37 PM
 #31

There are two kinds of articles found on internet,

The one is called a news
and
The other is called prediction

I know the news articles tell the market movement in an opposite manner where a trader can predict that should he enter into market or should he leave

But the 2nd, those are called the prediction articles are real which tell the market movement in the kind of trading analysis, but today I found some prediction articles on the web and decided not to invest in litecoin or I should leave the market as the market is in the bearish trend. But is not a scam ?

If the fucking anchor cannot write an article based on the trading chart then atleast he should write an article in the form of news.

In the first place, not all news are 100% true, before exposing it, they edited first the news in which they are going to expose in the community.
Then, prediction always came from the speculation by the individuals. So, it is still better to believe on what you are seeing it in the actual happen anyway.
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