Topic: Can anyone be a Bitcoin speculation expert? - page 6. (Read 968 times)

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.

everyone is entitled to speculate , we are all allowed to give our price prediction but we are not
entitled to forced others to believe it and follow what we try to predict for them and yes for our self also , but also it
is an achievement for sometimes we can speculate what will be the price in a certain time because volatile market like
crypto is really one of the hardest market we can bring what can be the value for tomorrow and the future.
never that I did believe in speculations of others instead I am more on my own , because it is not
their money but mine to lose .

I even think that predicting bitcoin price is even more difficult than predicting the weather. With today's technology, making weather forecasts is no longer too difficult and most forecasts are highly accurate. Meanwhile, bitcoin has too many influencing factors, too much human manipulation, and predicting other people's thoughts is something that no machine or technology can do. After all, predictions are just predictions and will sometimes be right or wrong, if someone could see the future, they wouldn't say it was a prediction but they would confirm it.

We must also take into account that predicting the movements of any market perfectly will depend on accurately predicting the movements and emotions of millions of people in real time, can this be done? Not now and probably not ever.

In a way predicting the markets is similar to predicting the weather, while we can get predictions that are roughly correct, even our best models are unable to predict the weather with a perfect accuracy, as the weather also depends on too many variables which change every second.

No one really knows on what the future would be. Take for example with the current correction we do have on which the price did hit up 41k wayback. Who are the ones who had been anticipating for it to going back
with those levels on which almost everyone is already anticipating or expecting that it would be breaking or hitting up that 50k once it do breaks that 45k? None right! For those bearboys out there then they are expecting for some huge retracement or big dump on which i've seen that the most common point that they've been talking would be always that pertains on 12k price point on which i would say that it is really just that too far or something which is really just that too low for such price but since we are here on this market then it would really be that possible but not really that much i should say.

About being that a speculation expert, then anyone could really be an expert on his own and there's no one on stopping you on doing that because anyone could make out their own price approach
on whatever the numbers that we might be able to encounter on which considering this market is really that speculative then it would really be just that normal that it would be having that speculative
approach as well. There are really just those people who are really that not able to take a good grasps on how this market behaves.

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.

Always right? I highly doubt that. If such a person exists, I've not seen him or read or heard about him. It's very unlikely to get the predictions of Bitcoin price right at every turn. Such a person would be the most successful currency trader who ever lived that's for sure. I kind of wish I had such gifts. Lol.

I, for one didn't predict Bitcoin price to go lower than $42k this year when it was at $44k. I was so optimistic that the price would keep rising till after the halving, but today Bitcoin price is at around $41k.

At the end of the day, you have to know that everybody is entitled to their opinion and therefore they're all free to predict whatever price they think Bitcoin would be at any given time, but at the same time, you also need to know that most predictions are done with proper analysis. So you can't make your decisions off the speculations of just anybody.

No one holds what will be the future price of bitcoin, so if there's anyone who predicts that it will be something like this, something like that, it will remain a speculation and will only be proven true or accurate when we cross that bridge. And unfortunately, as long as the crypto market remains highly volatile and unpredictable, no one will be considered experts in this market even those who have reached the peak of their success.

Be reminded that bitcoin will never keep its movement up but will always have the chance to go down as well. As much as we can see bitcoin price surging, then we should be also open for its price decline that will happen anytime.

No one can be an expert on speculating about bitcoin. The market is dynamic. It is not static whereby you can use an Isaac Newton's equation to calculate bitcoin's price at a particular time and it will be correct. Like you said, it is just speculation where 99.9% of those who engage in it are repeating what others have said which they are not sure of.

Last week some one online was happy about bitcoin's price. He openly boasted that he told whoever cared to listen that bitcoin was going to climb up to $41k the previous week and it need and that before that week runs out, bitcoin's price would be at $45k. He was wrong.

No one can be a bitcoin speculation expert.

Agree on this one, but in overall which those things would really be considered to be 100% speculation, it do really only varies about on how those analysis had been made on which the thing you do said was true
on where there those speculators who do make use of tools and there are ones who are really just saying randomly without any basis or really just into their gut feeling.  For those newbies out there then it would
be that better that you should really be careful on what informations and speculations that you would really be able to see around so that you wont really be getting easily get fomo on the time
that you do read up these numbers. This is why it would be better that you should really be that sensible on the informations that you are reading whether you would really be taking it seriously
or would really be just basing on your own analysis.

Can anyone be an expert? We are the ones who would really be the one will really be making out those decisions whether we should be holding or would be buying basing up into our analysis
or with those others that you've seen. Thing here is that you should really be that wary on the risks involved on every step that you would really be planning to make.

There may be two types of market predictors. And that is, one uses tools and do a rigorous research & analysis, and the other just do it randomly. I think the first one or those who does it smartly can get it correctly most of the times. No one says that the market movements are not a normal thing. Obviously, they are because they won't be called one (market) if there are no movements.

It's also weird if the movement is only one, or can stay in the same direction forever. And will you ever wait to see them before you do an action? So, how can you benefit from it? This is why people are doing what they can, to possibly tell if when will the movement or price will go, and they will do their thing the same or against those directions.

It's really a shame, there are maybe a "few" that might be very good, and usually quite close to calling what will happen, but they are very rare and mostly it is all people that are wrong and they are hurting the economy as well. I believe that people should be careful what and who they are trusting with their money. It's not even 90%, I think 99%+ of them are wrong and making it up, even if they are right once or twice, they could be wrong 10 times after that, so you should always be careful with them.

Like OP said, they make 10 calculations and tell people, delete 9 wrong ones, and keep one correct prediction and just go with that, acting like they knew it all along when we all know who followed them that they are lying about it. You already lost your money, and if you try to say something then they will block you so that their entire comment section is clear from people who knew that they are frauds. This is why more and more people fall for their trick.

Price fluctuations are normal. Financial winners are always people on the side of people who are patient and confident. If it goes back and forth, I think most of it is spent on transaction fees alone.

Yes. Agree, With HODL we only need to make a sale once with maximum results.

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.

And when everyone begins to be more difficult in predicting market conditions can also be likely to give birth to more good for those who still believe in Bitcoin at moments like now. Because we can see that there are many people who have won by continuing to be patient while storing bitcoin in the past that have never even been affected by the unclear FUD, so there is no need to be afraid of people from other countries who sell as long as we can still be sure of the results Our own patience in Bitcoin.

Well anyone can engage in speculation but the level of accuracy in predictions varies. Genuine expertise often comes from a combination of knowledge, experience and a well-informed analysis so I think newbies believe those that they look up to, the people who have been in the long run with bitcoin and theyve seen successful. It is just important to recognize that even those we personally consider as experts can't predict the future with absolute certainty, especially in complexity of bitcoin

We are all good at speculating the market price and it was easy for someone to do that because there is no right/wrong in the first place.

Anyway, the market seems looking good as we enter the month of December and most of us think we are in the bull season already.
Well, the price of Bitcoins stays above $40k, quite good to see before the end of this year but still, this would give the confidence that there is no dump happening in the coming days. Maybe there is or nothing, the most important is we don't panic and sell our coins, instead remain calm and hold until the next ATH. 

If you say Bitcoin will dump all the time, you will turn out to be right at some point. That doesn't make you an expert. For something that goes up and down all the time, it doesn't take any expertise to just predict that it will go down eventually. In the same way when you always speak that Bitcoin will rise. Whether it goes down one candle after another, it will eventually rise. But it also doesn't make you an expert.

An expert is that speculator who predicts Bitcoin will dip at this time and price, stops at this time and price, bounces back but only up to this level before it goes down again, and gets it perfectly right. But guess what, nobody can do that. So just hodl and stack more. That's the best way to do it.

The decline is certain and will occur when the market is saturated enough to rise, there should be some corrections made.
But for a drop to $15k it is too much, as Bitcoin's nearest and strongest support is currently still around $38k, and it will support a flip trend.

Before it hits $15k, there is still a lot of support to get through.
I think it's still quite difficult for now to go down that deep because the trend is good and no bad news appears.

Well for me I was also thinking the price will dump before now and it doesn't seem like it will be a reality this year so I have dumped the idea and  given up on it that price will fall to the extent of $15k.

Regards to whether there are expert predictors, I don't think so. People rely on the season to predict even when they don't have any technical understanding of the market. Like usually during the year before halving, price use to fall and that is why the speculators are still predicting price to crash before the end of this year. So whether that will happen or not is for time to tell.