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Topic: Can anyone or experts still predict/ forecast cryptocurrency nowadays? (Read 18327 times)

sr. member
Activity: 1246
Merit: 252
I have also heard and monitored lots of prediction last year only to made those guys a fool as their predictions did not happen as desired. So for now i still used to read more predictions but for guidance use only and not to expect too much from it to avoid future disappointments.

as you say. in fact our predictions about market development are meaningless. the problem is that the market is already in control and we have never known that movement will recover. so indeed what we can do is wait for the movement to improve.
full member
Activity: 854
Merit: 108
I have also heard and monitored lots of prediction last year only to made those guys a fool as their predictions did not happen as desired. So for now i still used to read more predictions but for guidance use only and not to expect too much from it to avoid future disappointments.
full member
Activity: 714
Merit: 100
3... 2... 1... Launch!
The cryptocurrency markets historically tend to follow a cycle of boom and bust and that's about the only constant, whereas the appreciation of individual assets can be speculated about by using technical and fundamental analysis and researching marketing channels and social media groups for new announcements
sr. member
Activity: 798
Merit: 251
Honestly i am not so good to predict cryptocurrency market nowadays. My prediction about last year didn’t go well and i had to face the disappointment after all. But what i believe and keep on my mind that crypto will rise again this year and so on.
indeed for sure in the future predictions no one can know for sure because investors also need to know that is the nature and risk of investing in the crypto currency itself and most importantly is the confidence and patience of investors in investing with crypto currencies
member
Activity: 179
Merit: 10
I think that the so-called crypto experts and analysts can only partially predict the further movement of the market, based on their knowledge. But since the crypto market depends on many factors that are very difficult to take into account all at the same time, it is almost impossible to predict anything.
of course possible. some assets managed to pump with an update, of course we can predict it.
for markets that cannot be predicted, they all depend on the moment and market trends. we bus see it and do analysis.
jr. member
Activity: 280
Merit: 3
BTC $1 mln.
I think that the so-called crypto experts and analysts can only partially predict the further movement of the market, based on their knowledge. But since the crypto market depends on many factors that are very difficult to take into account all at the same time, it is almost impossible to predict anything.
sr. member
Activity: 1078
Merit: 354
My view is that the predictions made by prominent voices often aren't dispassionate logical assessments, but rather attempts to swing the market in a desired direction. If some banker says Bitcoin will drop to $0, then quite often I think this is because they desperately want it to fail, or else want it to drop in price so they can accumulate cheaply.
member
Activity: 658
Merit: 10
Honestly i am not so good to predict cryptocurrency market nowadays. My prediction about last year didn’t go well and i had to face the disappointment after all. But what i believe and keep on my mind that crypto will rise again this year and so on.
sr. member
Activity: 1246
Merit: 255
yes, there are still experts who can predict accurately the cryptocurrency,only that those who can, doesn't even just predict loudly it is those who are not sure that are restlessly predicting and causing confusion here and there.
sr. member
Activity: 882
Merit: 269
This question of "Can anyone or experts still predict/ forecast cryptocurrency nowadays" keep ringing in my head because early last year there were different predictions about the rise of the crypto market in general from the so called "crypto experts" and "analysts". But to my greatest surprise, at the end of the year I could only see maybe one out of all the predictions I read about becoming true.

This makes me deduce that the crypto market can't be predicted to some extent.

Want to know people's view on this. Thanks
You made this post long time ago but I do believe that you will agree with me that things has seriously changed and we have see many predictions that are now coming to past. I strong belief that we have many good traders here and I have followed some of their predictions and most time those predictions do come to past.
sr. member
Activity: 1876
Merit: 259
no one can really predict where the crypto direction will go, everything is just for the sake of personal or group interests, to make the hype inside.
so just do what we believe because everyone can only speculate.
sr. member
Activity: 1036
Merit: 252
Dolphins Finance TRUSTED FINANCE
In my opinion the crypto market is very difficult to predict especially to be able to predict exactly when to go up / down, because the crypto market price cannot be stable, I mean that every time it can change up or down and of course the altcoin doesn't have the same pattern every month / year so it can't be ascertained.

yes, crypto market is more volatile if we comparing with the other market, such as forex or stocks
but, with this volatility we can make a lot of profit buddy, but of course if we can buy or sell in the right time  Wink
not only sell in profit, but sell when the market going to wrong directions, wich mean not same with our predictions
member
Activity: 506
Merit: 10
In my opinion the crypto market is very difficult to predict especially to be able to predict exactly when to go up / down, because the crypto market price cannot be stable, I mean that every time it can change up or down and of course the altcoin doesn't have the same pattern every month / year so it can't be ascertained.
jr. member
Activity: 378
Merit: 1
Yes, they can still predict future cryptocurrency price but more often than not they are completely off the mark. Your own prediction is much better than trusting an "expert" from an online blog. It's not really that difficult to tell price movement once you get the hang of it and learn to access multiple sources but that doesn't make you an expert in any way.
I also believe that our prediction will be much better than many online experts because until now, the crypto field still has too many new things, we are temporarily unable to accurately determine the value of this market, and with such non-transparent numbers, everyone's market prediction rate is almost equal or if someone has good knowledge, their exact prediction rate may be higher but it is not significant. In short, anyone or even we can always predict the market, the exact rate is not inferior to the experts, so believing our selves is better than the experts
legendary
Activity: 2982
Merit: 1028
Yes, they can still predict future cryptocurrency price but more often than not they are completely off the mark. Your own prediction is much better than trusting an "expert" from an online blog. It's not really that difficult to tell price movement once you get the hang of it and learn to access multiple sources but that doesn't make you an expert in any way.
They get influenced from those followers and readers so some market movements are moving towards their directions, but yes it's much better to do your own research and assessment, since you will be using your money  better to rely with your knowledge, many factors can be consider and its depends from
your own understanding.
hero member
Activity: 1540
Merit: 500
Yes, they can still predict future cryptocurrency price but more often than not they are completely off the mark. Your own prediction is much better than trusting an "expert" from an online blog. It's not really that difficult to tell price movement once you get the hang of it and learn to access multiple sources but that doesn't make you an expert in any way.
full member
Activity: 292
Merit: 102
Bounty Detective
This question of "Can anyone or experts still predict/ forecast cryptocurrency nowadays" keep ringing in my head because early last year there were different predictions about the rise of the crypto market in general from the so called "crypto experts" and "analysts". But to my greatest surprise, at the end of the year I could only see maybe one out of all the predictions I read about becoming true.

This makes me deduce that the crypto market can't be predicted to some extent.

Want to know people's view on this. Thanks
Anyone can predict. But only some can predict it right. Not only experts but also amateurs, can predict it. However, since expert have much more knowledge and experience, they have more chance and possibility in right prediction. Still, they will not correctly predict it ever time, even experts. Some thing may have change in the present compared to the past which they may overlook and didn't include in their analysis and reference.
member
Activity: 461
Merit: 17
🔰FERRUM NETWORK🔰
If you listen to the news about cryptocurrencies and the experts' prognoses on different TV and YouTube channels, you will find out that all of them tell us about completely different things. It is almost impossible to make these predictions.
I am of the opinion that predicting 100% accuracy might be impossible. But predicting with assumptions that are close to the truth, I'm sure can. Especially by using news or signal parameters associated with positive news about crypto.
An example is the emergence of news about Facebook that will create crypto coins, or Visa Cards that will issue crypto debit cards, obviously this positive statement will make public trust increase and the impact of prices will rise.
hero member
Activity: 2464
Merit: 550
Leading Crypto Sports Betting & Casino Platform
The market has shocked a lot of experts and has proven (to a large extent) to be unpredictable.
I've been a victim of wrong prediction of market movements so these days, I mostly just buy coins that I can hold for the long term due to their great use cases.
right what you say in your opinion no one can ensure the development of crypto markets and crypto currencies even though it has also become a risk in investing with crypto currencies and our belief is the best capital
Cryptocurrency can actually be a little predictor of future developments, cryptocurrency will be used to reduce the use of banknotes so I believe cryptocurrency will be very good in the future because it will provide the best solution in the future.
hero member
Activity: 3066
Merit: 577
Leading Crypto Sports Betting & Casino Platform
If you listen to the news about cryptocurrencies and the experts' prognoses on different TV and YouTube channels, you will find out that all of them tell us about completely different things. It is almost impossible to make these predictions.
It's hard to know what's the intention of those people that are getting the attention of the media. If they say good things, I'm ready to doubt their words because they might be doing that to make the people buy so that they can dump. And if they say bad things, they are ready to buy so that people will start selling. The market's attitude is hard to tell so it should depend on how you read the market base on your feelings and the current events that you are following.
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