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Topic: Can anyone be a Bitcoin speculation expert? - page 5. (Read 968 times)

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legendary
Activity: 3878
Merit: 1411
Leading Crypto Sports Betting & Casino Platform
December 16, 2023, 01:07:14 PM
#77
Anyone can speculate very few will be experts at it.   If I was a self made billionaire in my historic speculations and trades then I guess people are going to listen. I always take it as a massive compliment if people can read my post, take the point recognize its valid in potential though never certain and theres a conversation.  
   BTC always pulls back its just we dont know the magnitude or timing, some will ignore any dip or sell it might perform.  They may ignore price movements over a weekend for example, some only trade in working hours and certain markets the prices out of their line of sight dont matter especially.  BTC varies alot in its context from mainstream to obscure low volume trading person to person not centralized.  The variance and wide diversity in userbase adds into its potential for volatility, sometimes the users will guide the price not the largest players I dont buy into whales determining price at all.
hero member
Activity: 2632
Merit: 649
Seabet.io | Crypto-Casino
December 16, 2023, 11:27:11 AM
#76
often bloggers become “experts” and later the media or other news resources advertise them, which adds to their recognition. I don’t take almost all experts seriously because more often than not they are just thoughts, the market is very unpredictable and experienced traders understand this. And projections that sound like 100K by the end of the year simply don’t look serious.
hero member
Activity: 2478
Merit: 621
Leading Crypto Sports Betting & Casino Platform
December 16, 2023, 10:30:18 AM
#75

Anyone can be a bitcoin speculation expert as we have all the freedom to speculate based on what we know. But trying to deceive someone and make believe that all your predictions are right, then that would be not helpful anymore.

Of course prediction that work is that which has been tasted and trusted through time. If you prediction price for next week and it doesn't happen that way then it means such person's prediction is not to be taken as what can be followed. I know that predictions are not always right but averagely for someone who carry himself as a better predictor should get some very good number of prediction right.

However for me, I don't follow predictions blindly. You have to have an idea of the market sentiment, do your analysis and the compare other predictions to get more valid view of the market price.
sr. member
Activity: 1666
Merit: 453
December 16, 2023, 08:25:00 AM
#74
Anyone can be an expert, and all of us here can also speculate on the trading we are studying because we believe it can produce profit. And this is really the main goal of a trader in this industry.

But of course we can't speculate if we don't know anything about understanding trading, because the knowledge of the indicators will also help us predict the price we think it might reach. So until this prediction happens, it will remain speculation.
legendary
Activity: 2520
Merit: 1721
MrStork Exchange Service
December 15, 2023, 10:18:31 PM
#73
That is never a good idea, I highly suggest people not to do that. I get that it may sound like a good thing for you, but the reality is that AI is not really there to do something that would make sense, it is only doing the past check and assumes that the future will be exactly the same as the past, and we all know it is not. Past is there to understand the present and be ready for the future, that is true but it doesn't mean that it will be exactly the same, it could have so many differences.
DWYOR, indeed, is not recommended, AI is only used as an assistant, not to fully determine the trade being made.
AI determines every step based on existing data and facts, and it manages everything and then delivers a result.

-snip-
we need to not give full control to AI and just make sure that we could end up with something that would benefit us on the long run. AI would not be on my list of things that I would use, it is not a good trading bot system, it is better to trade your own and understand the market.
AI is not recommended for beginners, AI is used by professional users only as an option of choice to help manage data faster.
And now Trading bots are also applying AI to be smarter and know what to do.
But then again, that's not advice for anyone DWYOR.
legendary
Activity: 2058
Merit: 1166
December 15, 2023, 07:07:38 PM
#72
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

$36k -- btc will dump
$38k -- btc will dump
$40k -- btc will dump
$42k -- btc will dump
$44k -- btc will dump

If by any chance bitcoin goes below 36k or further they would say they were right  about this. I want to know if it is possible for someone to be a bitcoin expert. Like a person who is always right about his/her speculations even if it takes sometime to be confirmed.

Is it possible for someone to be a Bitcoin (speculation) expert? If the number of people who are calling themselves experts all give their suggestions as to whether the Bitcoin price will go up or down, by chance there will be some of them being right more often than they are wrong. People could derive the conclusion that those who have been mostly right have earned the title of being a Bitcoin expert. But the easiest counter example would be a lottery winner: have you ever called a lottery winner a lottery expert?

The best you can do is gather information yourself and educate yourself. I think there are channels who do give some well-intended input with their analyses, but most of the time they can't know any more than you can. The only way to know what the market will do next is to be someone who is able to move the market by themselves. Not many qualify for this Wink
legendary
Activity: 2506
Merit: 1125
December 15, 2023, 05:58:55 PM
#71
Quote
If by any chance bitcoin goes below 36k or further they would say they were right  about this. I want to know if it is possible for someone to be a bitcoin expert. Like a person who is always right about his/her speculations even if it takes sometime to be confirmed.
There are many experts in predicting prices, but I don't think all of them will achieve 100% accuracy. Many people succeed in getting numbers close to predictions when Bitcoin is in a good trend, but on the contrary, many predictions fail when Bitcoin is in a negative trend. Considering that currently bitcoin is on a positive trend to become more expensive, maybe you will get more predictions to be correct even if they are from AI.

Remember, don't rely on other people's predictions for your investment. Do your own research and start to be confident. Most of them are inaccurate, and some of them predict without any analysis.
hero member
Activity: 882
Merit: 507
Defend Bitcoin and its PoW: bitcoincleanup.com
December 15, 2023, 03:35:06 PM
#70
Understanding the volatility nature of Bitcoin price is one factor that everyone needs to accept and if that be it, there are no accurate predictions and no one has the knowledge/experience, or skills to forecast what the price of Bitcoin will be in the future and that is why most of the time, one need to know the place of all the public Bitcoin price predictions just knowing that the highest anyone can do is to speculate the price of bitcoin and nothing more than some times your predictions may be accurate while other times it becomes just a speculation and nothing to it since bitcoin have a way of creating his own price pattern at all time.
legendary
Activity: 3080
Merit: 1144
December 15, 2023, 03:31:01 PM
#69
There's probably a lot who claimed to be experts about the market and on bitcoin, but saying that they are always right on their predictions, I don't actually think they are. The market is too much unpredictable and uncertain, so it's hard to predict the future prices correctly. If it happens that they are right, it could only be a coincidence but obviously for their next predictions, they might got it wrong already.

Anyone can be a bitcoin speculation expert as we have all the freedom to speculate based on what we know. But trying to deceive someone and make believe that all your predictions are right, then that would be not helpful anymore.
legendary
Activity: 3080
Merit: 1131
December 15, 2023, 03:20:01 PM
#68
I don't think anyone will always be right, if that's the case he can see the future, regardless of whether the predictions are correct or not, at least people will learn to observe the market.
I saw someone's post on this forum saying we will sell at 48k, but I doubt whether bitcoin can get to 48k
because it's been 2 days since couldn't break 45k.

No one can predict future but they can assume about the price based on past as four years ago bitcoin price hit huge price so experts think that after every four years there will be same situation but no one know that what will happen. Market is highly volatile but since 2012 the bitcoin is becoming more acceptable currency therefore it is not not much volatile as that of other coins in the market.

People are saying that they will sell at 48k$ because they know about the fact that bitcoin once attained the highest value of 69k$ so reaching to the value of 48k$ is quite easy during Bull run that will begin as a consequence of halving. Yes bitcoin cannot break the value of 45k$ but it does not means that it will never break this value and for few days bitcoin was 41k$ but today it slightly goes up to attain 42k$ of worth .
No one does really have the crystal ball on which it would really be just that normal that people would really be making out those kind of speculations on which they would really be that believing that it could happen.
Some might really be that wary and be sensible enough on trying out to peak into others analysis on which they would really be applying it to themselves on which it is really that a smart choice.
In speaking about expertise or being professional then it would really be determined on how long and how well you do make out those analysis. Yes, everyone could make on their own but the difference on how
these speculations been created would neither be that realistic or something that which is really just that too biased. There's no way that a noob could be able to determine if the said speculation or analysis
was considerable or something that might that delusional.

Each person does have their own approach on where prices could go but with sharing up with the same indicators on which been commonly used then we most likely be ending up
on having on the same price analysis but somehow there would really be some small add ups.
hero member
Activity: 910
Merit: 789
December 15, 2023, 12:07:05 PM
#67
Well, even though I have been in this industry for several years, I still cannot say to myself that I am an expert in the field of crypto trading. Because I still recognize myself as a beginner. And that's also the truth—I'm still not an expert.
Whether we are experts or not in something can only be judged by other people or the people you teach about that thing, so it will always be difficult to recognize ourselves as someone who is an expert in a particular field because as long as we still know ourselves very well well, obviously there will always be a sense of shame in calling ourselves someone who is an expert in a certain field, even though we will not feel it difficult to recognize other people as experts in a certain field.

Quote
Maybe let's just say that I only know something about trading, and according to my analysis, it is possible that the price of Bitcoin will have a correction next year in the month of January or February. Right now, the volatility that it will show in the market is quite aggressive, so if you are a deep trader, you can keep up and get a profit from opportunities like this.
What you say is just speculation which could be right or wrong because not everyone will base it on the aggressive volatility shown by the current market in Bitcoin. Moreover, the current moment and trends are starting to be different from before, so there are a large number of people who think that the correction that could occur in Bitcoin will not last long or much at the beginning of next year.
sr. member
Activity: 1316
Merit: 268
★Bitvest.io★ Play Plinko or Invest!
December 15, 2023, 12:50:29 AM
#66
Well, even though I have been in this industry for several years, I still cannot say to myself that I am an expert in the field of crypto trading. Because I still recognize myself as a beginner. And that's also the truth—I'm still not an expert.

Maybe let's just say that I only know something about trading, and according to my analysis, it is possible that the price of Bitcoin will have a correction next year in the month of January or February. Right now, the volatility that it will show in the market is quite aggressive, so if you are a deep trader, you can keep up and get a profit from opportunities like this.
full member
Activity: 280
Merit: 110
Eloncoin.org - Mars, here we come!
December 15, 2023, 12:28:47 AM
#65
I don't think anyone will always be right, if that's the case he can see the future, regardless of whether the predictions are correct or not, at least people will learn to observe the market.
I saw someone's post on this forum saying we will sell at 48k, but I doubt whether bitcoin can get to 48k
because it's been 2 days since couldn't break 45k.

No one can predict future but they can assume about the price based on past as four years ago bitcoin price hit huge price so experts think that after every four years there will be same situation but no one know that what will happen. Market is highly volatile but since 2012 the bitcoin is becoming more acceptable currency therefore it is not not much volatile as that of other coins in the market.

People are saying that they will sell at 48k$ because they know about the fact that bitcoin once attained the highest value of 69k$ so reaching to the value of 48k$ is quite easy during Bull run that will begin as a consequence of halving. Yes bitcoin cannot break the value of 45k$ but it does not means that it will never break this value and for few days bitcoin was 41k$ but today it slightly goes up to attain 42k$ of worth .
full member
Activity: 2002
Merit: 175
★Bitvest.io★ Play Plinko or Invest!
December 14, 2023, 10:45:30 PM
#64
Anyone can be an expert in crypto, but never expect that everyone will agree on your given speculations. We all have different predictions and speculations in the market, and what works for you might be a failure to others. So be an expert on your own, but never attempt to influence others as you might be held responsible if future losses will appear on them.
or much better call them "Experts of their own" because many claims they are expert but never even get close to the price from their predictions and their speculations so yeah they are not truly an expert after all.
Quote
However, price correction is always possible with bitcoin, volatility makes it possible to happen. But we don't have to fear if there are price corrections along the way, that is only one way to determine that bitcoin is getting ready to reach another all time high once it recovers from its correction.
sideways and other corrections commonly happen meaning we cannot truly  predict the market instead we can only assess or assume maybe that is the better call on that.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
December 14, 2023, 07:27:18 PM
#63
Anyone can be an expert in crypto, but never expect that everyone will agree on your given speculations. We all have different predictions and speculations in the market, and what works for you might be a failure to others. So be an expert on your own, but never attempt to influence others as you might be held responsible if future losses will appear on them.

However, price correction is always possible with bitcoin, volatility makes it possible to happen. But we don't have to fear if there are price corrections along the way, that is only one way to determine that bitcoin is getting ready to reach another all time high once it recovers from its correction.
legendary
Activity: 2842
Merit: 1152
December 14, 2023, 04:26:45 PM
#62
Now Bitcoin predictions can also be aided by AI that can be determined by reading past data and about how Bitcoin is trending.
It's not entirely believable, but AI technology will help in all digital sectors.

Everyone can speculate on the price of Bitcoin, but in the end, those who have a lot of money to control the price of Bitcoin will win.
Seeing how the Whales are performing in terms of price manipulation, we can only follow it and never go against the grain.

Learning technical and fundamental analysis is one way to know what is happening and what will happen.
That is never a good idea, I highly suggest people not to do that. I get that it may sound like a good thing for you, but the reality is that AI is not really there to do something that would make sense, it is only doing the past check and assumes that the future will be exactly the same as the past, and we all know it is not. Past is there to understand the present and be ready for the future, that is true but it doesn't mean that it will be exactly the same, it could have so many differences.

This is why we need to be ready to pivot when we are not certain about anything, and we should be considering the fact that AI could not be ready for any pivoting, it will nto be ready for any changes, we need to not give full control to AI and just make sure that we could end up with something that would benefit us on the long run. AI would not be on my list of things that I would use, it is not a good trading bot system, it is better to trade your own and understand the market.
sr. member
Activity: 1313
Merit: 302
December 14, 2023, 01:29:23 PM
#61

Nobody can be confident in what they are speculating about bitcoin and we also cannot boast on it either, if anyone does that them they are lying to you, by default you should know that bitcoin should either rise or fall and there's nothing we can do about that, but the side at which we are supporting is what is being determined by the level of our research while speculating on the market, if people can be that confident in their speculations to be accurate, nobody will be running loss while trading again.

The bitcoin speculation always had the positive side in the current market conditions,many people in my circle asking me about the bitcoin trading by my involvement over from the beginning in crypto trading.The layman and normal people was aware of the bitcoin and crypto currency by the many marketing companies taking the bitcoin also for the money market flow.Some people here using the cryptocurrency for the money layer business.And because of the new price high in the bitcoin,the cryptocurrency was in the news for now.

Don't forget that Bitcoin is unpredictable, which you can predict the price today and you will see another results that will make investors believe that you are not an expert. I know you are looking for experts that are good in Bitcoin speculation, and if you are not careful they can use this your thread to deceive you that they know everything about the market price, and they can still show you some fake evidence that will make you believe that they are experts in Bitcoin speculation. I don't think we have experts in Bitcoin speculation, because everybody is gusting about the market price which it may happen according to their prediction and it may not happen according to their prediction.

Bitcoin can be predicted if you had analysed the price flow and the flow of the price.The bitcoin price fluctuations was the advantage of the bitcoin,So the bitcoin trader can buy the bitcoin at any price.The next pump of the bitcoin price will give the profit for the bitcoin traders in long run.
legendary
Activity: 4116
Merit: 7849
'The right to privacy matters'
December 14, 2023, 01:28:15 PM
#60
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

$36k -- btc will dump
$38k -- btc will dump
$40k -- btc will dump
$42k -- btc will dump
$44k -- btc will dump

If by any chance bitcoin goes below 36k or further they would say they were right  about this. I want to know if it is possible for someone to be a bitcoin expert. Like a person who is always right about his/her speculations even if it takes sometime to be confirmed.

Difficulty
Price

are predictable every hour for price
every two week for the difficult.

but in terms of being an accurate predictor good luck doing that.

I did a thread about a pattern

https://bitcointalksearch.org/topic/m.63090856

I made very strong predictions in that thread. 🧵

so far they look good does this mean I am an expert ,not really.

It does mean I saw a pattern and believed it would repeat.
hero member
Activity: 1554
Merit: 877
December 14, 2023, 01:07:39 PM
#59
Nobody can be confident in what they are speculating about bitcoin and we also cannot boast on it either, if anyone does that them they are lying to you, by default you should know that bitcoin should either rise or fall and there's nothing we can do about that, but the side at which we are supporting is what is being determined by the level of our research while speculating on the market, if people can be that confident in their speculations to be accurate, nobody will be running loss while trading again. 
Everyone can speculate about bitcoin and everyone can also provide any analysis based on what they know because it is based on their views and experience. But unfortunately there is no 100% level of accuracy regarding Bitcoin price speculation, as you said because if the level of accuracy is high then no one will experience losses when trading. Most of us probably only use predictions as a comparison when it comes to approaching bitcoin and that's why people need speculators.

But the final decision still has to be accompanied by the extent to which a person can make a decision and usually we have instincts before making that decision. Therefore, speculation about prices is important for us to use as a reference, at least this is an initial reference before making a final decision.
hero member
Activity: 812
Merit: 560
December 14, 2023, 11:35:59 AM
#58
If by any chance bitcoin goes below 36k or further they would say they were right  about this. I want to know if it is possible for someone to be a bitcoin expert. Like a person who is always right about his/her speculations even if it takes sometime to be confirmed.

Nobody can be confident in what they are speculating about bitcoin and we also cannot boast on it either, if anyone does that them they are lying to you, by default you should know that bitcoin should either rise or fall and there's nothing we can do about that, but the side at which we are supporting is what is being determined by the level of our research while speculating on the market, if people can be that confident in their speculations to be accurate, nobody will be running loss while trading again.
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