Quote from: wallet4bitcoin on April 30, 2024, 03:36:23 PM

Quote from: pakhitheboss on April 06, 2024, 01:31:25 PM

A few years ago, NFT was launched and it set the market ablaze. Many NFT projects emerged at that time, which left investors confused. They began investing in new NFT projects without understanding them, resulting in significant losses. To this day, these investors have not been able to recover from their losses unless they sold their NFT.

Currently, meme coins are gaining popularity, with a new coin appearing in the market almost daily or weekly. The prevailing belief is that meme coins offer the highest ROI, which they are delivering.

Then, why not create a platform for predicting the performance of any cryptocurrency or a platform for predicting future trends in the market or both?

What are your thoughts on this?

I don't think that many sites have that feature, although I have come across a project that has such but it is only the sentiment of the project that is focused on. It also advices the projection of the token in no distant time from when the analysis is done.

Prediction of tokens is not an easy skill and people who do that do it as an act of speculation with no guarantees. Crypto call centers do predictions but they also give disclaimers like, "not a financial advice".

We all constantly encounter the fact that someone's private opinion “is not financial advice.”
And there are generally a lot of such opinions on different platforms on the Internet and, above all, in various social networks. It is quite difficult to predict the behavior of tokens simply because their fate and financial support are parameters that depend on a huge number of factors, from global ones, for example, general policy or the policy of the regulator of a particular jurisdiction, to local questions like “will it be possible to reach an agreement with the investor?” ?" .
In all this chaos and confusion, even AI will not be able to help, since all its forecasts are probabilistic and too vague. Therefore, you, as a specific person, cannot make the only right decision. And you can rely largely on your past experience and partly on intuition. But in general, advice can of course be read, but it should never be taken seriously as real recommendations.

Well, don’t forget that there are a huge number of fakes, false and false information on the Internet and a huge number of outright scammers and thieves.