Quote from: CageMabok on June 09, 2023, 02:49:13 PM

Quote from: 19Nov16 on June 09, 2023, 04:38:44 AM

No one can predict future market conditions, if this can be done then they are just guessing, everyone just keeps buying because they hope the future price will improve, other than that usually people who like to guess don't do anything, just give guesses, I even followed several people who gave 2 guesses, namely the price will skyrocket and the price will decrease, if something goes wrong, the post will be deleted.

I also don't understand why you think like that, because not everyone who guesses does anything. I'm not even sure if you've done any research on those guessing except for a few people you've seen in person. After all, those who make price predictions are actually not guessing, but rather speculating on prices that have happened before even though this will not be completely accurate because prices always tend to change over time.

I think I agree with this. Tons of people try to make a guess but that doesn't mean that they act on it. If I guess that it will go up, doesn't mean I will buy, or if I think it will go down, doesn't mean I am going to sell.

There are two reasons for this, first of all I may have no money and do not want to make that move because of that, secondly I may not believe in my own prediction as well, maybe I say that it will go down but I am not sure about it either so why would I make a move on it, acting upon it means I would lose money if I am wrong, whereas writing about it means nothing to me at all. This is why it is quite important to actually do something about it, and saying something about it means absolutely nothing at all.