The beauty of price speculation is that everyone thinks he/she is right.
This is good because it's a zero-sum game and having such logic allows a few individuals to take money from the others.
Does not matter how good the analysis.... even you hand out the money directly, people still ignore it.
Topic: Can anyone be a Bitcoin speculation expert? (Read 968 times)
Really depends on how anyone will see AI, it could be a friend to most investors, but I would rather trust my instinct though, AI hasn't yet on the stage that they can really make a good prediction. After all, the Bitcoin market is still very young, so they can easily crunch all the data and make a meaningful prediction. But as we get more information every cycle it could be very hard to predict without the aid of something that can read all the data for us and that will be the AI.
So for now, at least in my case, we shouldn't look at AI as something that can make a good predictions. Perhaps it's good if we are going to look at the what the future price it will see, but as investors, we should not deal with it with certainty, this market is unpredictable.
Some may believe in AI because they will be easy to just type without having to do any analysis and usually people using AI are just lazy in making analysis.So for now, at least in my case, we shouldn't look at AI as something that can make a good predictions. Perhaps it's good if we are going to look at the what the future price it will see, but as investors, we should not deal with it with certainty, this market is unpredictable.
The same means we don't fully believe in AI predictions even though it helps a little and still a person's instincts are stronger with the fundamentals he has. Because AI only collects and obtains existing news and then combines it because AI is easier to process, predictions sometimes seem realistic but we often don't believe it.
I will consider AI predictions as a last resort when I don't want to see prices from my own predictions, but I don't make the main reference because I know this is not true.
But so far the AI predictions are very realistic compared to human predictions which have high predictions but they cannot explain why the market can reach such high prices, I have reviewed the AI predictions last December and I can confirm that the AI predictions are at $45k has proven that AI predictions are worth considering for market analysis needs.
However, you are right about the opinion that research and experience are the best things to predict the market based on market review with accurate analysis, so we can combine market analysis from AI predictions with personal analysis, the combination will be able to produce realistic market predictions and high probability predictions. will be accurate.
People say that AI predictions are still reasonable, but I never use for a prediction that AI makes, I am more confident in my own predictions than by bot tools.However, you are right about the opinion that research and experience are the best things to predict the market based on market review with accurate analysis, so we can combine market analysis from AI predictions with personal analysis, the combination will be able to produce realistic market predictions and high probability predictions. will be accurate.
Well true personal research will far be an experience for us how to do our own analysis until the size is more accurate even though it is not perfect but still most people rely on their own predictions not on AI predictions.
If someone is able to combine then that's a good thing, but this method may be complicated for me.
Really depends on how anyone will see AI, it could be a friend to most investors, but I would rather trust my instinct though, AI hasn't yet on the stage that they can really make a good prediction. After all, the Bitcoin market is still very young, so they can easily crunch all the data and make a meaningful prediction. But as we get more information every cycle it could be very hard to predict without the aid of something that can read all the data for us and that will be the AI.
So for now, at least in my case, we shouldn't look at AI as something that can make a good predictions. Perhaps it's good if we are going to look at the what the future price it will see, but as investors, we should not deal with it with certainty, this market is unpredictable.
But so far the AI predictions are very realistic compared to human predictions which have high predictions but they cannot explain why the market can reach such high prices, I have reviewed the AI predictions last December and I can confirm that the AI predictions are at $45k has proven that AI predictions are worth considering for market analysis needs.
However, you are right about the opinion that research and experience are the best things to predict the market based on market review with accurate analysis, so we can combine market analysis from AI predictions with personal analysis, the combination will be able to produce realistic market predictions and high probability predictions. will be accurate.
People say that AI predictions are still reasonable, but I never use for a prediction that AI makes, I am more confident in my own predictions than by bot tools.However, you are right about the opinion that research and experience are the best things to predict the market based on market review with accurate analysis, so we can combine market analysis from AI predictions with personal analysis, the combination will be able to produce realistic market predictions and high probability predictions. will be accurate.
Well true personal research will far be an experience for us how to do our own analysis until the size is more accurate even though it is not perfect but still most people rely on their own predictions not on AI predictions.
If someone is able to combine then that's a good thing, but this method may be complicated for me.
I never trust AI predictions, AIs don't mean anything to me, because they are always things that we have to generate in order to expand our way of doing our particular exercise, for example I have seen that some traders or some signals that sell for There they are generated by an AI, and then there are people who believe that because it is an AI it has to have more precision and that is not the case, the faith of many makes them spend money and they cannot do anything that could be affected by them.
AI for me is something that I don't trust, in fact here in the forum there is a campaign for users who use AI, and well it's not bad, it's just that things are not as determining as for everything to be perfect, you know that An AI makes mistakes because it does nothing to correct or give a logical explanation, not like we humans do, for me trading should not be done or followed by robots, it is better by a human.
But so far the AI predictions are very realistic compared to human predictions which have high predictions but they cannot explain why the market can reach such high prices, I have reviewed the AI predictions last December and I can confirm that the AI predictions are at $45k has proven that AI predictions are worth considering for market analysis needs.
However, you are right about the opinion that research and experience are the best things to predict the market based on market review with accurate analysis, so we can combine market analysis from AI predictions with personal analysis, the combination will be able to produce realistic market predictions and high probability predictions. will be accurate.
People say that AI predictions are still reasonable, but I never use for a prediction that AI makes, I am more confident in my own predictions than by bot tools.However, you are right about the opinion that research and experience are the best things to predict the market based on market review with accurate analysis, so we can combine market analysis from AI predictions with personal analysis, the combination will be able to produce realistic market predictions and high probability predictions. will be accurate.
Well true personal research will far be an experience for us how to do our own analysis until the size is more accurate even though it is not perfect but still most people rely on their own predictions not on AI predictions.
If someone is able to combine then that's a good thing, but this method may be complicated for me.
Quote
I've come across plenty of speculation about Bitcoin even before joining the forum. I remember when people said that the current rise in the price of Bitcoin doesn't necessarily mean it's a bull run. Even now, with Bitcoin at $44k, there are still speculations that it will dip.
During the Bullish Trend
Yes, of course we have seen people say that this Bitcoin price rise is not a bull run but that it is likely to fall again. We've seen Bitcoin prices rise a lot at the start of the new year where Bitcoin hit a New Year's ATH high of around $49k. But later again the price of Bitcoin is currently at $41k, it is dumping a lot which we can say is a bear market. However, we can expect some pumping in the coming days as Bitcoin waits for the halving only to see price increases. After the Bitcoin halving in the market, we will definitely see Bitcoin price change and may turn into a bull run.During the Bullish Trend
These traders are more preoccupied with short-term market trends, which leads them to incur losses in the market by panic selling and panic buying. Bitcoin's recent correction created a lot of panic all around but Bitcoin is now recovering from that situation and it is expected that Bitcoin will try to maintain its uptrend again.
Simply put, it is impossible to become an expert on Bitcoin. Because we talk speculatively about Bitcoin. It's not just us common people who invest small amounts in Bitcoin. There are many institutional investments and there are many large whales. They can change the price of Bitcoin anytime they want. Therefore, it is not possible to predict the future value of Bitcoin, only speculation.
How is this not possible? Open any specialized publication or media and it will be full of such experts. Also, don’t forget about the bloggers on YouTube, of whom there are already hundreds and someone considers them experts (including themselves). The second question is about their competence and how professional and correct they are in their forecasts, but how do we know how many people have so many opinions.And you are talking about YouTube bloggers? Most of them have no deep knowledge of crypto, they just pretending.
We can speculate the trend of Bitcoin but if we think being an expert, that is impossible.
and trying out to fool those newbies that they are really that actually doing those good predictions and trying out to lure in people to follow them for some sub fees which is really that typically bullshit.
Anyone could really make out those kind of callings that they are pros and experts on which they are really that trying out to fool people around and if you arent that someone whose really that careful
or whose really that mindful when it comes to informations that they are really that getting around. It is really just that there are ones who are really that making some indepth research
and there are ones who are really that doesnt really care on what they do or decide on.
As an individual then it would really be just that right that you would be needing to verify everything on what you do read and see online because if you dont then you would really be just that ending up yourself on such possible wrecked up because you have been fooled.
Quote from: cryptodude
Simply put, it is impossible to become an expert on Bitcoin. Because we talk speculatively about Bitcoin. It's not just us common people who invest small amounts in Bitcoin. There are many institutional investments and there are many large whales. They can change the price of Bitcoin anytime they want. Therefore, it is not possible to predict the future value of Bitcoin, only speculation.
Even though that called themselves experts in BTC prediction miss their prediction some time for you to know that nobody is an expert in this industry but there are some that will predict and it will come through but that doesn't mean they are experts in that field.Suppliers and demand are the only people who can change the price in the market but for someone to come up and start parading his or her self as an expert in BTC speculation in the community, I don't think we have such people that they are consistency in such speculation of BTC.
Quote
I've come across plenty of speculation about Bitcoin even before joining the forum. I remember when people said that the current rise in the price of Bitcoin doesn't necessarily mean it's a bull run. Even now, with Bitcoin at $44k, there are still speculations that it will dip.
During the Bullish Trend
Yes, of course we have seen people say that this Bitcoin price rise is not a bull run but that it is likely to fall again. We've seen Bitcoin prices rise a lot at the start of the new year where Bitcoin hit a New Year's ATH high of around $49k. But later again the price of Bitcoin is currently at $41k, it is dumping a lot which we can say is a bear market. However, we can expect some pumping in the coming days as Bitcoin waits for the halving only to see price increases. After the Bitcoin halving in the market, we will definitely see Bitcoin price change and may turn into a bull run. During the Bullish Trend
Simply put, it is impossible to become an expert on Bitcoin. Because we talk speculatively about Bitcoin. It's not just us common people who invest small amounts in Bitcoin. There are many institutional investments and there are many large whales. They can change the price of Bitcoin anytime they want. Therefore, it is not possible to predict the future value of Bitcoin, only speculation.
How is this not possible? Open any specialized publication or media and it will be full of such experts. Also, don’t forget about the bloggers on YouTube, of whom there are already hundreds and someone considers them experts (including themselves). The second question is about their competence and how professional and correct they are in their forecasts, but how do we know how many people have so many opinions.And you are talking about YouTube bloggers? Most of them have no deep knowledge of crypto, they just pretending.
We can speculate the trend of Bitcoin but if we think being an expert, that is impossible.
Simply put, it is impossible to become an expert on Bitcoin. Because we talk speculatively about Bitcoin. It's not just us common people who invest small amounts in Bitcoin. There are many institutional investments and there are many large whales. They can change the price of Bitcoin anytime they want. Therefore, it is not possible to predict the future value of Bitcoin, only speculation.
How is this not possible? Open any specialized publication or media and it will be full of such experts. Also, don’t forget about the bloggers on YouTube, of whom there are already hundreds and someone considers them experts (including themselves). The second question is about their competence and how professional and correct they are in their forecasts, but how do we know how many people have so many opinions. 
Simply put, it is impossible to become an expert on Bitcoin. Because we talk speculatively about Bitcoin. It's not just us common people who invest small amounts in Bitcoin. There are many institutional investments and there are many large whales. They can change the price of Bitcoin anytime they want. Therefore, it is not possible to predict the future value of Bitcoin, only speculation.
Most are just self-proclaimed experts. Because even long-timers in this market are only speculating, it means, they also don't know the exact price of btc for those speculated times. They are also basing their predictions from past history, market progress, adoption among other things. So no one can claim that they know what's gonna happen in this market few months down the lane.
Because if someone will claim he knows what's gonna happen, then he is just a hypocrite person as no one has the crystal ball to know the future of this market. So basically anyone is just a speculator, predictor or whatever you call them.
Simply put, it is impossible to become an expert on Bitcoin. Because we talk speculatively about Bitcoin. It's not just us common people who invest small amounts in Bitcoin. There are many institutional investments and there are many large whales. They can change the price of Bitcoin anytime they want. Therefore, it is not possible to predict the future value of Bitcoin, only speculation.
~Snip
I am also not asking you to agree with my opinion or anyone else's opinion on this matter, because I only see what has happened based on existing facts. And this matter is actually quite simple to understand because I have known Bitcoin for the past six years and even more than that, I also really understand that it is only a previous analysis that is clearly stated on all sites so that the AI machine only draws conclusions. AI is a new machine created by humans to find out more things in a very easy way, but in terms of the price of Bitcoin, it will not be precise enough if someone relies on it because I have known Bitcoin since. The AI machine still doesn't exist and who knows where the machine will be at that time.However, you are right about the opinion that research and experience are the best things to predict the market based on market review with accurate analysis, so we can combine market analysis from AI predictions with personal analysis, the combination will be able to produce realistic market predictions and high probability predictions. will be accurate.
~Snip
I am also not asking you to agree with my opinion or anyone else's opinion on this matter, because I only see what has happened based on existing facts. And this matter is actually quite simple to understand because I have known Bitcoin for the past six years and even more than that, I also really understand that it is only a previous analysis that is clearly stated on all sites so that the AI machine only draws conclusions. AI is a new machine created by humans to find out more things in a very easy way, but in terms of the price of Bitcoin, it will not be precise enough if someone relies on it because I have known Bitcoin since. The AI machine still doesn't exist and who knows where the machine will be at that time.
I strongly disagree with you. AI predictions on bitcoin cannot be rely on. Several time i have tried it has given predictions that were totally inaccurate. I think the best bitcoin speculations are gotten from traders and investors. This is because they are the ones who take time to analyze the market structure as long as they have good amount of money invested in it. Now AI can only give you predictions based on previous statistics or occurrence that are related from past years. Also, from speculations that was shared on the internet from other bitcoin speculators.
I am also not asking you to agree with my opinion or anyone else's opinion on this matter, because I only see what has happened based on existing facts. And this matter is actually quite simple to understand because I have known Bitcoin for the past six years and even more than that, I also really understand that it is only a previous analysis that is clearly stated on all sites so that the AI machine only draws conclusions. AI is a new machine created by humans to find out more things in a very easy way, but in terms of the price of Bitcoin, it will not be precise enough if someone relies on it because I have known Bitcoin since. The AI machine still doesn't exist and who knows where the machine will be at that time.Quote
Don't forget any information AI gives to you is gotten from the internet. Which is still from humans as well. So, the speculations may or may not be accurate since its source is still coming from human perspective.
I haven't forgotten about that, mate, because my memory is still quite normal because the AI only makes conclusions based on what many people have said via the internet. I quite understand that because I know that AI is just a new search engine developed by humans nowadays so even if someone wants to trust that machine for price predictions, I don't think the difference is that big. Because what many people have said about the price of Bitcoin, AI can also detect it because AI also takes what other people have said. Did you know that AI can predict prices more accurately than humans on bitcoin price predictions at the end of last year, I found a thread in the speculation board section that the AI review said the price of bitcoin would reach $45k by the end but humans said the $50k prediction was even the new ATH, so based on Your review is which prediction accuracy is right between AI and humans.
When talking about price predictions last year, of course AI predictions can be said to be more accurate, although there are also some people who say predictions like that for Bitcoin last year. But if we look at this at the beginning of this year, it is also almost accurate because Bitcoin also almost touched $50K in January even though the price has now returned to $42K. This means that the predictions between AI and humans are not much different if this is said for the end of last year and the beginning of this year.Don't forget any information AI gives to you is gotten from the internet. Which is still from humans as well. So, the speculations may or may not be accurate since its source is still coming from human perspective.
own analysis basing up into your own knowledge based up on real experience on which you could really be able to apply into your future speculations. It is really just that there are really
speculations which we would really be able to follow just because we've been convinced.
Its true that anyone could really be that speculation expert on which it isnt really just that shocking yet making price speculations basing up with our own understanding and observation is
really just that something that you can create on your own. On which it would be best that you should really know on your own.
Also, it would really be better that you could really be make your own price speculation on which it wont really be making out such regret on the time that you do make out
bad decisions.
Anyone can be a Bitcoin speculation expert just like how anyone can mine Bitcoin once the person has the needed equipment and knowledge. However, the Bitcoin market speculation expert is just different in the sense that anyone can claim to be one without knowing the person's degree of knowledge about the market.
In today's market, 98% of all experts lack the needed knowledge about market speculation.
In today's market, 98% of all experts lack the needed knowledge about market speculation.
I am sure and convinced that predicting the price of Bitcoin is almost impossible, only there are exceptions such as news with Bitcoin ETF and, unfortunately, there is no one who could always be absolutely right. Bitcoin is subject to many factors, including market trends, news, regulatory changes and more. Even experienced traders and analysts cannot always predict the exact direction of price movement.
Making bitcoin price predictions is not impossible, but ensuring xxx price in a certain time frame is impossible. You can make price predictions for 1 hour TF, 2 hour TF or daily TF, but you will not be 100% correct about that prediction. Bitcoin predictors also examine some supporting data to make predictions, so they are not doing it in the dark.
A bitcoin ETF will not necessarily make the price of bitcoin reach a new ATH in the near future, so every trader, investor and holder should be able to wait more patiently and generate returns. So don't say it's impossible, it's possible.
Did you know that AI can predict prices more accurately than humans on bitcoin price predictions at the end of last year, I found a thread in the speculation board section that the AI review said the price of bitcoin would reach $45k by the end but humans said the $50k prediction was even the new ATH, so based on Your review is which prediction accuracy is right between AI and humans.
When talking about price predictions last year, of course AI predictions can be said to be more accurate, although there are also some people who say predictions like that for Bitcoin last year. But if we look at this at the beginning of this year, it is also almost accurate because Bitcoin also almost touched $50K in January even though the price has now returned to $42K. This means that the predictions between AI and humans are not much different if this is said for the end of last year and the beginning of this year.Don't forget any information AI gives to you is gotten from the internet. Which is still from humans as well. So, the speculations may or may not be accurate since its source is still coming from human perspective.
Jump to: