Why Predictions in Crypto Are Usually Wrong

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chain404Newbie
Posts: 36 · Reputation: 21
#1Dec 13, 2017, 04:02 AM
Honestly, humans are terrible at predictions. I've tried many times, and I end up being wrong. That's why I trade futures and perps for fun. Sometimes it’s lucky, other times not so much. Even CZ talks about a supercycle in 2026, but FUD can change everything. If the CEO of a major exchange can’t predict, who are we to think we can?
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cyberbitMember
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#2Dec 13, 2017, 11:45 AM
Well that's why they call it a prediction, there's always uncertainty. Predictions are just educated guesses. Even AI can't foresee the future perfectly, despite all its data.
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samlaserFull Member
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#3Dec 13, 2017, 01:54 PM
No matter how smart you are, predicting the future is beyond reach. Bitcoin is speculative, which gives everyone a chance to throw their price guesses around, but most of those guesses are wrong.
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#4Dec 13, 2017, 02:23 PM
Agreed, and honestly, following predictions like that is pointless. I just focus on my dollar-cost averaging strategy now. I messed up in the past chasing price predictions and it hurt.
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whale420Senior Member
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#5Dec 13, 2017, 06:09 PM
But if you think it's going up, isn't that a prediction too? It’s just as unpredictable as anything else. Many traders only risk a small portion of their assets for that reason.
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chain404Newbie
Posts: 36 · Reputation: 21
#6Dec 13, 2017, 10:09 PM
So, are you saying AI and bots can predict prices effectively? I feel like CZ’s beliefs about the supercycle don’t really dictate market prices. It's just speculation nobody can truly predict future prices.
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stack42Newbie
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#7Dec 14, 2017, 03:42 AM
The US president might have a bead on market trends, but he can’t predict exact prices. His comments could influence markets, but it’s still a total guess.
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0xHodlerMember
Posts: 286 · Reputation: 42
#8Dec 14, 2017, 09:40 AM
You're right, it's a wild game. Anyone claiming to predict the market is just playing at it. Crypto is too unpredictable for anyone to take predictions seriously.
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#9Dec 16, 2017, 06:14 PM
Bitcoin being unpredictable is part of its charm. It's decentralized, after all. No one can control it, and it goes up and down based on numerous factors.
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#10Dec 16, 2017, 11:13 PM
If the future was known, we wouldn’t need predictions at all. Even AI struggles to get it right. Market conditions change so quickly, predictions are often just educated guesses.
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king_nodeMember
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#11Dec 17, 2017, 03:02 AM
True that. Many people ignore Bitcoin's four-year cycle and still lose money. It makes me sad. If we just followed historical patterns, we could be making bank.
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#12Dec 17, 2017, 07:28 AM
Exactly! If people would just sell in bear markets and buy low, it would make life so much easier.
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bull_foxNewbie
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#13Dec 17, 2017, 09:00 AM
Even when you think you know, the market can surprise you. It’s not worth stressing over predictions. Just learn the market and trade wisely.
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#14Dec 17, 2017, 12:36 PM
So many try to time the market and fail. You can’t wait for the perfect moment to buy Bitcoin. That’s how you lose out.
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DarkLaserFull Member
Posts: 3 · Reputation: 711
#15Dec 17, 2017, 04:01 PM
DCA is the way to go. Set a schedule and stick to it. No need to stress about timing when you’re in it for the long haul.
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0xLaserFull Member
Posts: 252 · Reputation: 641
#16Dec 17, 2017, 06:07 PM
No one can predict everything. We can analyze and still be wrong. But sometimes, big news can give us clues about market direction.
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#17Dec 17, 2017, 11:09 PM
Right, no one can be 100% sure. If predicting was that easy, we'd all be rich by now. Experts still lose money because the market is unpredictable.
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0xMinerNewbie
Posts: 155 · Reputation: 5
#18Dec 18, 2017, 03:42 AM
Bitcoin’s price moves regardless of guesswork. It’s its own entity. Those who think they can control it are just fooling themselves.
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atlas100Senior Member
Posts: 213 · Reputation: 1540
#19Dec 18, 2017, 09:37 AM
Don’t get me started on people who act like they know what's gonna happen based on gut feelings. It’s all just guesswork.
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serHero Member
Posts: 589 · Reputation: 2321
#20Dec 20, 2017, 09:11 PM
Exactly! I only trust my analysis. I won’t just take someone else's word for it. I check multiple sources before making a move.
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