Topic: Can anyone be a Bitcoin speculation expert? - page 3. (Read 968 times)

Expert is debatable in any subject but anyone at all can speculate, I relate that to saying you are an economist.  Anyone can say that much and talk about the economy, marketplace the interplay of goods import export vs currency all those things are in contact with a normal citizen but at a ground level.  No reason not to comment but no one can really declare themselves an expert, I think its a title awarded by others if anything.

If you say if its possible to be always right on his predictions, I don't think it is. Even Satoshi cannot predetermine what the future of crypto will be. All we have right now remains to be purely predictions and speculations, until proven true when the exact prediction happens. However, if you ask if there are bitcoin speculation experts, yes a lot of them claimed that they are but they are never reliable in the long run.

Bitcoin is highly volatile and unpredictable, so its really hard to predict correctly what will be the future price of bitcoin, most especially that prices are easily affected by big news and events that hit the market.

When dealing up yourself into online world and into investment related, then there's no one you could really be able to trust but only on yourself. The thing here is just that you do really know on how to snip out into those informations which it might really be that considerable for you to take on. When it comes to price predictions and speculations then anyone could really be acting like and expert on which we do know that this market do really have that unpredictable movement and this is why whenever someone do make out some number predictions then it is really that something that could be considered or to believe upon.
Things would really be that totally random basing up on several factors on which it could really be affecting in overall profitability.

This is why hovering yourself into this crypto space wont really be that simple or would really be that easy. Making yourself that careless and impulsive
would really be leading into tons of bad decisions.

That type of "nothing marginal" type of speculation is the easiest and that's what they do. Like when it's 43k something, they say it will be 44k, and that's really nothing shocking to be able to say, or say a bit more, like 46k or 48k and we all know that would be amazing as well but that's just known. I wanted to point out that saying bitcoin will go up, is usually quite easy trick, it doesn't really take much to be able to know that, it's quite easy to make it sure, and it should be the main reason why these speculation "experts" are just fakes.

I can say it will be 50k, I can say it will be 60k, I can say it will be 70k, all of them will be right and they have absolutely nothing that would be better than that, it's just how it is and we need to realize that it's going to be right, that doesn't make me an expert neither.

Speculation and prediction are two things that are easy to say, but quite difficult to prove the truth and that is how the two processes work to one degree or another. Something big will continue to appear in Bitcoin and what we need to do is how to provide benefits and how we can take advantage of it. If not, the presence of bitcoin will not be able to provide anything and will actually be very disadvantaged when it cannot be used.

I quite agree with your view because in the end everything is fake and they rely on predictions based on several previous bitcoin trips, so the level of accuracy can still vary. On the other hand, we have the same view that using your own knowledge in carrying out analysis will be much more useful. Today I can also predict that the price of bitcoin will reach 100k, but if asked what the background was that was able to bring bitcoin to that price, then I am not able to provide a strong reference that I can provide and perhaps can only provide a benchmark on the previous ATH.

I do believe that we are going to have some sort of situation where people think that it is not really going to end up with anything marginal, it is just not that big of a deal. I think it's clear that we are not going to end up with anything big, it just doesn't feel like it's a must case, you just need to feel like it is not going to end up with that much at play.

So, I have to say that it is not going to end up with anything that you should care about because most of those people are fake. I mean I can say that it could be 100k, and eventually maybe one day I will be right, that doesn't make me an "expert" at all. Speculating means just making it up, and anyone can make up some numbers, there isn't any secret to doing it at all.

Nature of this market indeed and it would really be just that normal that people would really be that having those speculative approach. Yes, anyone could be an expert of their own but if we do speak on trying out to compare into other people then this is where experience and knowledge would really be different because we know that not all would really be that having the same level when it comes to experience and awareness
about on how this market works or behaves. This is why on the time that you do make yourself having involvement with trading then you should really be that versatile as much as possible on which it would really
be just that normal that speculations would always be speculations on which it would really be that random.

Market conditions could mess up someones trading no matter how good it is on which it is really just that normal because we know that market is speculative and random.
There's no way that you could really be able to make yourself that able to guess up on point on what would happen.

The highest price range of the year that has occurred this month is $44K or a little more than that which has been seen in the market for this year. Meanwhile, prices above that haven't happened yet, which means a price hit of $45K or more has to happen first so that everyone can see prices higher than that this year. However, this is not the case because Bitcoin is currently experiencing a price correction which has seen the price move away from $45K and is back at $42K. So for this year it seems that it is no longer possible to expect $48K or $50K in Bitcoin prices.

Soon we will all be in next year with a very different price range for Bitcoin in the market and it looks like you also need to look at the market and Bitcoin prices today so you don't immediately expect prices to be that high this year. However, next year this seems possible to hope for because there is a moment that will make the market trend improve again and could cause an increase in the price of Bitcoin. But for now it seems like everyone has to enjoy the price correction that is currently occurring in Bitcoin before seeing the next price increase in the market.

We will have to see what will be the end price for this month, maybe it's going to be $50k, or maybe we should be around $44k-$46k, it's anyone guess or shall I say prediction. Others think that there could be reversal, or there could be thinking that we will suddenly goes out and hit $50k at the end of the year. So again, there's a lot of scenario and it's very hard to predict and that's why there are no experts in this field. Everyone of us will predict, but the price could go on the other way. Or maybe we get lucky and our predictions getting hit. But it doesn't mean that you are an expert, maybe that time the market favors your decision. And with that, I would say that don't take seriously those who have predicted the price in 2024, still up to the ecosystem as to where it will settle, $100k or higher.

I will agree with you that the 48-50k price will be achieved. Yes, it may be pass that amount and go extremely higher but what i don't see happening is a reversal in the price. I believe bitcoin is now on the upward movement and it will be going on for some time, about two to three months more. If anytime would want to happen, we may only see some consolidation on a particular price. It will remain there for some time and still go up. Hardly before the price will go down back. As there are good news as well next year.

Currently the BTC price is rotating around $43,433 and of course the 48-50k figure must be passed and it is very possible that it will be surpassed by BTC otherwise we will see another reversal. If we take the position as a trader, it's a good idea to first understand how the market works and don't be too quick to become obsessed with profits first and I think even the most expert in price predictions won't know what events will happen in the future, what the market will be like.

You can find more experts in speculation and predictions on Google/the internet, many members here are guided by speculation that exists outside this forum, as far as I know, speculation and predictions are exactly the same as someone predicting something that will happen in the future, as well as what will happen. on Bitcoin or crypto markets.

As far as I know, I have not found a speculation expert who says that Bitcoin is 100% exactly close to a lot. The speculation is taken from phenomena that have occurred, analysis, information, market situations and so on which are related to the future movement of Bitcoin and made into one speculation.

For me, anyone can speculate, including you/OP. In my opinion, speculation is closely related to your confidence in assessing the direction of Bitcoin's future development.

It was speculation but we are happy doing this because that seems to be the nature of the crypto market. At least, having some basis for our speculation could be somewhat close to reality. So no way we stop speculating unless the market has been centralized and the price is manipulated but since it has not, therefore, our way of communicating the market remains. In fact, we don't need to be perfect but what we need is we can understand the market sentiment and respond with optimism and positivity.

No one can force you if you would really be standing on your own in terms of the things that you do really believe or what you've been thinking. It is really just not that right that you would really be letting others would really dictate on the things on what you would really be gonna wanted to say on which it is really just that not right that you would really be that easily letting them to dictate on the things that you are tending to do.
It isnt really just that right that you would really be just letting it to happen. Speaking about investment decisions then you would or should really be sticking into your own plans. On this forum then everyone could really express out their feelings or their insights yet this is a forum after all. You are really that free on the things that you would gonna say and would really be that be able to do.

It is really just that there are ones who would really be that skeptical on the actions that they are making just because they dont really like on getting bashed and this is why some would really be just that planning to keep silent and would really be just be that agreeing on what others been trying to say and would really be speculating on. Dont make yourself that get stressed if someone would really be that pushing you to believe into something because it is really just that your right for you to act on your own without being that forced on believing into something.

exactly , now we are agreeing to the same point , this is an open forum and we can express
and say whatever we wanted as long as it is following the rules and guidelines of the forum , but those
annoying speculator that almost put guns in your head just to make you invest in the coins they are
promoting and believing is truly irritating  .

but this is how this forum runs and this is this forum are all about , to have good thoughts
and bad thoughts , but in the end it is our money and we are the one who must decide and secure it.

The journey is not over yet. Very relevant and it's true that we must first determine our main goal in trading, whether to make short-term profits or whether it will last for a long time so that we can carry out the sales process at the same time.

Maybe everyone here is not an expert in predicting market prices, especially BTC, but thanks to knowledge and experience of ups and downs in the world of trading, it will result in a special talent in seeing the market and navigating it wisely because if it is considered trivial, it is very likely that traders will always fall into the same hole, even though they The most obvious thing that appears is not profit but being prepared for all conditions that will occur.

I can totally see that and I do agree with your logic 100%. I mean we are all speculating and we are all allowed to say whatever we want, I can say that it will be 1k next month or 100k, no matter how crazy it may sound I can say whatever I want about it anytime I want to speculate and there is nothing that can stop me from doing that.

However, I agree that when others push their own speculation down our throat, that does become something annoying and irritating, because why do I have to believe what you believe in and make anything change because of that? I can just simply make sure that I make as decent amount of money that I want to make and that would be all, I do not need anything else in the end at all.

That speculation you are attesting to is nothing but nonsense and I wonder why anyone who is a trader or at least understands trading will endorse it. All these assumptions that the market will pump or dump at a specific level due to what happened in the past without consulting the present chart or using the fundamental analysis to predict it are just nonsense. They are one of the ways people gamble in the market, they are just insane when I see them. The market is dynamic, meaning that what it did today might not be what it will do tomorrow. The reason is simple, the same factors that played yesterday might not be the same factors that will play the next day. What are these factors? Some of them are the news and headlines, even rumours, expectations like the ETF saga and others.

In addition, the trader's sentiments, and the chart representation and patterns could call for speculative rise or fall, and many more more. So, a reasonable trader will not be quoting one value without reading the chart and calling it a certainty, that is heretic. Some will even call it magic numbers, I wonder if they think the market is a child's play. No wonder they are just losing every time and instead for them to learn and face reality, they will only be chasing myths.

Yeah that's it mate as we are all allow to speculate , what I am trying to say is that others
are putting their speculation here as if we are in need to believe and follow what he believes the movement
they even asking us to invest with them and that is the part that I am not agreeing . so I say that speculation
must be shared but  not to be pushed .

Basically anyone can be a speculator, but to validate whether their speculation is right or wrong does not make it a right or wrong claim, because they are just speculating.

Just as I can say anything with the calculations I make and other elements that I can input into my speculation, but I can only speculate based on what I know, and it can be said that I am able to speculate, but indeed on the right / wrong on the speculated thing is a mystery of the future, no one can predict the future, except on the count of years, because the chances of speculation are more likely to happen, than on the movement on pricing or dump / rise in months, weeks, days and hours.