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Babubu609

Do we have to believe in predictions?

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On 6/26/2020 at 6:24 AM, Dark_Sky said:

Prediction is not 100% sure or accurate so for me much better to create our own prediction than trusting the others about it. 

Just believe in your own so you don't need to expect more. 

That is it, predictions are not accurate, if not accurate means it is misleading, that is why I do not believe in signals but making my own predictions which still good but still not 100% accurate. 

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On 6/29/2020 at 7:54 AM, BitcryptoHan said:

That is it, predictions are not accurate, if not accurate means it is misleading, that is why I do not believe in signals but making my own predictions which still good but still not 100% accurate. 

As we all know that predictions are not all accurate also doing a personal predictions is still thesame but if I could advice you. I will like you to collect different experts predictions and get the real predictions. Just as you know two good heads are better than one.

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It depends on us, for me I'm creating my own prediction than to believe in the prediction of other people so although it's not 100% sure at least I will not expect and not disappointed too much because I only based on my own prediction. 


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On 4/22/2020 at 3:23 PM, Babubu609 said:

What is going right is just the predictions made by many people against the Bitcoin chat and halving this year, I don't usually believe in predictions because I followed many predictions from some experts but their predictions didn't correspond as they predict and only some little was right. I conclude that following predictions was risky sometimes if care doesn't taking we may use predictions and lose your money.

 

What did you come up about this topic do we still believe predictions?

If that prediction you have heard of do has a good supporting details, then maybe it is also good to believe that, since it does have the point. But it is also good to do your own study and observe the market, the factors that causes the ups and downs, the signs through different graphs. Use those predictions to do and support your own prediction. 

Do not believe on baseless and pointless predictions. 

Edited by Strygwyr
typo error
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8 minutes ago, Strygwyr said:

If that prediction you have heard of do has a good supporting details, then maybe it is also good to believe that, since it does have the point.

Actually I followed predictions that I trust and find it to be true and the reality I follow all the way I still go for more research to make sure that the prediction was correct.

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1 hour ago, MarsDota2 said:

Believing in predictions is not recommended because it is not too accurate and it can also fail. Actually it can also give us disappointment if we believe in it and expect so much from it but end up having a failure.

That's true my friend not a predictions we are to depend on. We need to make personal research on how to make good prediction and to confirm of a good prediction.

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Future predictions are usually made in conjecture, so there is no guarantee that this will be true in all cases. So keep this in mind at all times and then invest anywhere. Crypto usually depends on others in the future to reduce its value increase so it is the right way someone builds the future

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Expectations should be set on a scientific basis and not on guesses or intuition, so we have to pay careful attention to the source of the information. Is it about experience or intuition?

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Although this Bobistbani is subject to the application of the analysis of any magical Dornor and is under good analysis as a molecular I'm not sure if this is the case, but I'm not sure if this is the case, but I'm not sure if this is the case, but I'm not sure if this is the case, but I'm not sure if this is the case. 

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I had followed some predictor which were actually a very good when it comes for a prediction of bitcoin but there are few people who will share those actual knowledge

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On 7/9/2020 at 4:37 PM, mirazlama530 said:

I had followed some predictor which were actually a very good when it comes for a prediction of bitcoin but there are few people who will share those actual knowledge

That's good mate predictions are merely true we follow only the right predictions. But our questions here is how can we identify the right predictions that is true and can be real. The best way to identify this is by making deep research.

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13 hours ago, Babubu609 said:

That's good mate predictions are merely true we follow only the right predictions. But our questions here is how can we identify the right predictions that is true and can be real. The best way to identify this is by making deep research.

Well for me, i actually used as a based of predictions coming from the experts here in cryptocurrency, there's a highly percentage that their predictions may be happen.

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10 hours ago, Mcd0d0 said:

Well for me, i actually used as a based of predictions coming from the experts here in cryptocurrency, there's a highly percentage that their predictions may be happen.

Yes some of the predictions comes true but we don't need to always depends on then we should try another more way to learn how to predict The  Price too.

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34 minutes ago, Babubu609 said:

Yes some of the predictions comes true but we don't need to always depends on then we should try another more way to learn how to predict The  Price too.

For me, I'm not actually good in predictions, i just follow them and most of their predictions are accurate to the price of a particular coin like bitcoin, instead making my own prediction, i would prefer to follow the experts.

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There is no Have-to or Must in crypto world. You join cryptocurrency world to enjoy it and you are not forced to do anything. You don't necessarily need to believe in anything with prediction label. I can assure you that at least half of them are wrong and investing based on them can easily lead to failure. I only use predictions to complement my previous information about a certain coin or the whole market. Traders are like researchers. As researchers need data to complete their studies, traders also need information to choose the right positions. Therefore, consider predictions as data not as recommendations.

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You will find a lot of experts and traders who do technical analysis and many other things to predict price of a token or coin. It can be 90% right if he or she has well knowledge about the market and familiar with the market moves. So price predicting is not bad nor impossible but everyone can not do that. You should do it by yourself if you have enough knowledge or depending on someone else is not a good idea after all.


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12 hours ago, Billahi said:

So no one needs to believe in prediction but it is only the result of analysis

Well, it's better to used some predictions of the experts because as you mentioned above, it's only the result of analysis and that analysis is made by the experts and these experts shares their analysis from us so that we will know what is the movement of crypto price in this coming weeks or months.

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On 4/23/2020 at 3:52 AM, Zaino34 said:

You are right that my friend, these predictions cannot be believed in, and they remain just a reading of the crypto market and an analysis of its price in the past period, but it cannot happen correctly and we may lose our money if we trust it, so we must be careful

Just have our own prediction so we will never expect too much and we will not be dissapointed too much once our prediction failed. Always remember some predictions not really work or come true but still there's a chance if we believe on our own. Be ready on what's the output of our prediction just don't expect too much. 


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Ofcourse why not, based on my own understanding, the profits we are making in Crypto world through trading and investments are, but the product of accurate predictions. Trading and investments no doubt depends on one experience, skills and tactics and above all, one capability of making ultra precise, systematic and authentic predictions.

So I absolutely believe in accurate predictions especially mine & others made by some selected experts but mark my words very well, NOT all predictions I believed or hold on to blindly.

Edited by Guru2050
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On 4/29/2020 at 11:32 AM, melikf78 said:

i think prediction is not good way to make money you may lose all of your money just by one wrong decision. prediction is too risky and i wont do it but if you want to i think prediction on volleyball matches is better than other things.

You just need to practice how to read the prices in the market and then you will be good to know if some of predictions will be right or wrong.

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On 4/22/2020 at 3:23 PM, Babubu609 said:

What is going right is just the predictions made by many people against the Bitcoin chat and halving this year, I don't usually believe in predictions because I followed many predictions from some experts but their predictions didn't correspond as they predict and only some little was right. I conclude that following predictions was risky sometimes if care doesn't taking we may use predictions and lose your money.

 

What did you come up about this topic do we still believe predictions?

Predictions may also gets us in trouble so we cannot easily believe on predictions. If you think that prediction has a big chance to happen then you can believe on it but you also have to take the risk.

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In my experience also before i believe to the predictions of some experts in cryptocurrency but the the prediction is far from the reality what will happen to the prices of the coin. The fact is there's no one can predict what will happen to the coins in the market.

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1 hour ago, Draven06 said:

In my experience also before i believe to the predictions of some experts in cryptocurrency but the the prediction is far from the reality what will happen to the prices of the coin. The fact is there's no one can predict what will happen to the coins in the market.

Predictions may happen and may not so we should really be careful if we are going to believe on a predictions. We can also make our own predictions so that we don't need to have a doubt on ourselves and have more self confidence.

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There are many expectations that succeed in reality, and at the same time there are many other expectations that end in failure. For this, I always advise you to do your own analysis,good luck.

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On 6/12/2020 at 6:00 PM, Treat1234 said:

I don't believe on crypto currency prediction again because all the predictions made by so called expert  turn to void. Just observe the movement and believe in your self 

Its true in our life everyday we see so many thinks happen,then also next day what's happen? With us we didn't predicted exactly, then its crypto market every second we see fluctuations,so its not possible to predict future, but few time before prices prediction possible because of charts and price momentum.

Edited by Honny143
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Among the trend indicators on D1, 65% are on the side of the bears, 35% – are coloured green. Among the oscillators, a third are on the side of the bears, a third – on the side of the greens, and a third – are painted in neutral gray. The nearest support for the pair is located in the zone of 1.0680, then 1.0600-1.0620, 1.0560, 1.0495-1.0515, 1.0450, 1.0375, 1.0255, 1.0130, 1.0000. Resistance zones are located in the areas of 1.0710-1.0725, 1.0740-1.0750, 1.0795-1.0805, 1.0865, 1.0895-1.0925, 1.0965-1.0980, 1.1015, 1.1050, 1.1100-1.1140.    The coming week promises to be quite turbulent and volatile as it is filled with various important events. On Monday, April 29, preliminary data on consumer inflation (CPI) in Germany will be released. The next day, another batch of German statistics will be released, including GDP and retail sales figures. On the same day, we will learn the preliminary volume of GDP and the level of inflation in the Eurozone as a whole. On Wednesday, May 1, Germany and many other EU countries will have a holiday – Labor Day. However, the United States will continue to work on this day. First, the ADP report on employment levels in the private sector of the country and indicators of business activity in the manufacturing sector will be published. The most important event will undoubtedly be the meeting of the FOMC (Federal Open Market Committee) of the US Federal Reserve on Wednesday, May 1, and the subsequent press conference of the management of this regulator. In addition, on Friday, May 3, we traditionally await another batch of very important statistics from the American labor market, including the unemployment rate and the number of new jobs created outside the agricultural sector (NFP), as well as revised data on business activity (PMI) in the US services sector.   GBP/USD: US PCE Hindered the Strengthening of the Pound   The preliminary statistics on business activity in the United Kingdom released on Tuesday, April 23, were mixed. The PMI in the manufacturing sector of the country crossed from above to below the growth/fall boundary, and with a forecast and previous value of 50.3 points, it actually fell to 48.7. In the UK services sector, on the other hand, there was growth in April – the indicator rose from 53.1 to 54.9 (market expectations 53.0). As a result, the Composite PMI reached 54.0 (52.8 a month earlier). However, all these figures did not attract much attention from investors.   On April 22, GBP/USD fell to 1.2300. The bulls on the pair took advantage of the dollar's overbought condition to return it to the lower boundary of the medium-term corridor of 1.2500-1.2800 in which it had been moving since the end of November last year. However, they did not have enough strength to consolidate within the corridor. The two-week maximum was recorded at 1.2540, after which, pushed by US PCE, the pair went down again and ended the five-day period at 1.2492.   According to specialists from United Overseas Bank, as long as the support at 1.2420 is not broken, there is still a possibility of the pound breaking through the 1.2530 mark. The next resistance, according to them, is at 1.2580. The median forecast of analysts regarding the behaviour of GBP/USD in the near future looks maximally uncertain: 20% voted for the movement of the pair to the south, the same amount – to the north, and the majority (60%) simply shrugged their shoulders. As for technical analysis, the trend indicators on D1 point south 65% and 35% look north. Among the oscillators, the picture is mixed: 25% recommend selling, 25% – buying, and 50% are in the neutral zone. In case of further decline of the pair, it will encounter support levels and zones at 1.2450, 1.2400-1.2420, 1.2300-1.2330, 1.2185-1.2210, 1.2110, 1.2035-1.2070, 1.1960, and 1.1840. In case of growth, the pair will encounter resistance at levels 1.2530-1.2540, 1.2575-1.2610, 1.2695-1.2710, 1.2755-1.2775, 1.2800-1.2820, 1.2885-1.2900.   No significant statistics on the state of the UK economy are planned for the week.   USD/JPY: Reached the Moon, Next Target – Mars?     We called the previous review "Higher and Higher". Now, it is worth asking at what altitude will this flight into space end? When will the Bank of Japan (BoJ) finally decide on a radical change in its monetary policy?   At the meeting on April 26, the members of the Japanese Central Bank unanimously decided to keep the key interest rate at the previous level of 0.0-0.1%. Moreover, the regulator removed from the statement the reference that it is currently buying JGB bonds for about 6 trillion yen per month. The statement after the meeting states that "the prospects for the development of the economy and prices in Japan are extremely uncertain," "if inflation rises, the Bank of Japan will likely change the degree of easing of monetary policy," however, "it is expected that the eased monetary policy will be maintained for some time."   The market predictably reacted to such decisions of the Japanese Central Bank with another Japanese candle on the chart of the USD/JPY pair. The maximum was recorded at 158.35, which corresponds to the peak values of 1990. There were no currency interventions to save the national currency, which many market participants feared. Recall that strategists from the Dutch Rabobank called the level of 155.00 critical for the start of such interventions by the Ministry of Finance of Japan. The same mark was called by 16 out of 21 economists surveyed by Reuters. The rest predicted such actions at levels of 156.00 (2 respondents), 157.00 (1), and 158.00 (2). USD/JPY has long exceeded the levels at which the intervention took place in October 2022 and where the market turned around about a year later. It now seems that 158.00 is not the limit. Perhaps it is worth raising the forecast bar to 160.00? Or immediately to 200.00?   USD/JPY ended the past week at 158.32. The forecast of analysts regarding the near future of the pair looks as follows: fear of currency interventions still prevails over 60% of them, while the remaining 40% are waiting for the continuation of the flight to Mars. Technical analysis tools clearly have no concerns about interventions. Therefore, all 100% of trend indicators and oscillators on D1 point north, although a third of the latter are in the overbought zone. The nearest support level is located in the area of 156.25, then 153.90-154.30, 153.10, 151.00, 149.70-150.00, 148.40, 147.30-147.60, 146.50. And it is practically impossible to determine resistance levels. We only note the reversal maximum of April 1990, 160.30, although this target is quite conditional.   No significant events regarding the state of the Japanese economy are expected in the coming week. Moreover, traders should keep in mind that Monday and Friday in Japan are holidays: April 29, the country celebrates the birthday of Hirohito (Emperor Showa), May 3 – Constitution Day.   CRYPTOCURRENCIES: Where Will Bitcoin Fall?   As expected, the fourth halving took place in the bitcoin network at block #840000 on April 20. The reward for finding a block was reduced from 6.25 BTC to 3.125 BTC. Recall that halving is a halving of the reward size for miners for adding a new block to the bitcoin blockchain. This event is embedded in the code of the first cryptocurrency and occurs every 210,000 blocks – until the moment when the mining of 21 million coins (presumably in 2040) ends the emission of cryptocurrency. It should be noted that the fourth halving will provide for the mining of approximately 95% of the entire bitcoin emission, about 99% of all coins will be mined by 2033-2036. Then, the emission will gradually move towards zero.   In the previous review, we promised to tell how the market would react to this important event. We promised – we report: the market reaction is close to zero. For several days after the halving, there was no growth in volatility. The price of bitcoin slowly and lazily moved first upward, reaching $67,269 on April 23, and then returned to where it began its weekly journey: to the $64,000 zone. It seems that market participants froze in anticipation of who would be the first to start buying or, conversely, selling the main cryptocurrency massively.   According to experts from Bitfinex, the post-halving supply restriction stabilizes the price of the first cryptocurrency and may contribute to its growth. "The reduction in the pace of bitcoin issuance after halving, which will amount to $30-40 million per day, contrasts sharply with the daily net inflow of $150 million into spot ETFs. This emphasizes a significant demand and supply imbalance, which may contribute to further price growth," stated the Bitfinex report.   However, analysts from QCP Capital believe that bitcoin optimists will have to wait at least two months before assessing the effect of the past fourth halving. "The spot price grew exponentially only 50-100 days after each of the three previous halvings. If this pattern repeats this time, bitcoin bulls still have weeks to create a larger long position," their report stated.   Anthony Pompliano, the founder of the venture company Pomp Investments, believes that within 12-18 months, the coin is expected to grow to $100,000, with chances of reaching $150,000-200,000. However, before moving to a bull rally, BTC/USD, in his opinion, is waiting for a correction down. At the same time, Pompliano believes that the price will not fall below $50,000. "I think we have already crossed this Rubicon," – he wrote.   The possible upcoming decline of the main cryptocurrency is probably a topic currently much more discussed than its subsequent growth. Many agree that bitcoin coins will appreciate in the long term. But how will quotes behave in the more foreseeable future? Fidelity Digital Assets, the leading issuer of one of the spot BTC ETFs, has already revised its medium-term forecast for bitcoin from positive to neutral. The reason for abandoning optimistic sentiments is several worrying trends in the crypto market. Fidelity analysts noted the growing interest in selling from long-term hodlers. Among them, there is currently a large percentage of profitable addresses, as noted in the company's report. This means that holders may want to lock in profits and start selling BTC. On the other hand, on-chain data indicates that small investors, on the contrary, continue to accumulate the first cryptocurrency. Since the beginning of the year, the number of addresses on which BTC is stored for at least $1,000 has increased by 20% and reached a new historical maximum. "Such a trend may indicate the growing dissemination of bitcoin and its acceptance among 'average' users," – Fidelity noted.   Specialists from CryptoQuant examined the SOPR indicator readings for these categories of investors and made conclusions similar to those of their colleagues from Fidelity. Investments in Bitcoin by "new" whales (owners of coins "aged" less than 155 days) almost doubled the indicator of "old" large players (more than 155 days). At the same time, the increased value of the metric showed that the profits of the "old" hodlers significantly exceed the indicators of the "newcomers". And if the "old-timers" move to fix profits, this may lead to the formation of price peaks. An analysis of the current picture, according to CEO of CryptoQuant Ki Young Ju, also speaks of the need to exercise caution in anticipation of possible corrections and increased volatility.   Recall that earlier, specialists from JPMorgan noted that digital gold is in a state of overbought. And co-founder of CMCC Crest Willy Woo noted that if the price of the first cryptocurrency falls below the support level of short-term holders at $58,900, the market risks moving into a bearish phase.   As of the evening of Friday, April 26, the BTC/USD pair is trading in the region of $63,950. The total capitalization of the crypto market is $2.36 trillion ($2.32 trillion a week ago). The Bitcoin Fear & Greed Index remained in the Greed zone, although it rose from 66 to 70 points.   Finally, in conclusion of the review, our long-forgotten crypto-life-hacks column. It turns out that in order to become a crypto millionaire, it is enough to have a marker and a piece of paper. The possibility of such a way of enrichment was proven by Christian Langlois, also known as Bitcoin Sign Guy. This guy made headlines in many news outlets after showing a notebook sheet with the inscription "Buy Bitcoin" behind the back of the Chair of the Federal Reserve System Janet Yellen. At that moment, the head of the Fed was giving testimony about the state of the US economy. This image instantly spread across the network and became one of the symbols of the emerging crypto industry.   For his misdemeanour, the 22-year-old intern Langlois was disgracefully expelled from the hearings. But after this episode was shown on television, enthusiasts sent 7 BTC to his crypto wallet to thank the guy for his bold move. Four years ago, Christian sold 21 copies of the "cult" sheet at an average price of 0.8 BTC, earning another 16.8 BTC. Thus, his total earnings reached 23.8 BTC, which is more than $1.5 million at the current exchange rate. And a few weeks ago, Langlois was offered another 5 bitcoins for the original, but he refused to sell the sheet. Nevertheless, Christian liked the idea of further monetizing the self-created object of "artistic and historical heritage", and he decided to sell it at an auction, directing the proceeds to finance his startup Tirrel Corp. On April 25, 2024, the auction house Scarce.City reported that the lot, which became a popular meme, was sold for 16 BTC (more than $1 million). NordFX Analytical Group   Notice: These materials are not investment recommendations or guidelines for working in financial markets and are intended for informational purposes only. Trading in financial markets is risky and can result in a complete loss of deposited funds.   #eurusd #gbpusd #usdjpy #btcusd #ethusd #ltcusd #xrpusd #forex #forex_example #signals #cryptocurrencies #bitcoin #stock_market   https://nordfx.com/ 
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