Can We Really Trust Crypto Market Predictions?

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Can We Really Trust Crypto Market Predictions?

I’ve been involved in the crypto space for a while now, and one thing I’ve noticed is the overwhelming number of market predictions made by so-called crypto analysts. They flood the internet with bold claims about where Bitcoin, Ethereum, and altcoins are heading next. But here’s the thing—how often are these predictions actually accurate?

To test this, I started bookmarking some of these forecasts and revisited them later. Unsurprisingly, many of them turned out to be completely off the mark. Despite their repeated inaccuracy, these analysts continue to churn out predictions, often with little accountability.

This makes me wonder: why are these predictions still treated as credible, even when they’re wrong most of the time? Shouldn’t there be some kind of standard or track record that determines whether someone is worth listening to in this space?

In a volatile market like crypto, speculation is inevitable, but it’s frustrating to see how much noise is out there. What do you think—are these predictions helpful, harmful, or just part of the chaos that comes with the crypto territory?

Bhanuka Harischandra Answered question January 16, 2025
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One thing about crypto is no one knows shit. No one can predict anything

Bhanuka Harischandra Answered question January 16, 2025
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No one treats these predictions as credible. It’s just people trying to pump their coins

Yohan Harsha Answered question January 16, 2025
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