Post
Topic
Board Bitcoin Discussion
Re: Why you should stay off from market prediction
by
2start
on 10/07/2018, 05:45:52 UTC
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 agree with your opinion We still need prediction but not prediction from other people I mean, we have to find valid data and predict with that data, prediction from others or experts may be made in addition and consolidation of opinion only .