Post
Topic
Board Bitcoin Discussion
Re: Why you should stay off from market prediction
by
rafi035
on 17/10/2018, 11:40:30 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.
what you are saying is very true if we look at the market chart, fear and panic may experience loss in investing, holding back not away I think we should be able to take advantage of the opportunities we get in making a profit in investing