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Topic: Can anyone or experts still predict/ forecast cryptocurrency nowadays? - page 5. (Read 18327 times)

hero member
Activity: 2436
Merit: 516
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large number of those who give price prediction for bitcoin are usually wrong, those who know about the price movement are not active on social media or own a magazine. I dont believe the price is determined by the market after seeing the price movement last year. No determinant factor for the downward run, no response to news like in previous, It was mere manipulation all through.
newbie
Activity: 10
Merit: 0
Predicting the future in cryptocurrency wasn't easy somewhere about a year ago, but now it is getting harder because of low marketcap, with this marketcap it is way easier to manipulate the price either it's a pump or dump, it means way less liquidity needed comparing to for instance when it was at 7k to push the price up or down
full member
Activity: 1078
Merit: 102
I think its hard to predict cryptocurrency situation this year. Some says its the start of the bull run but the opposite happens. With too many exchangers being hacked all of the sudden and some exchange closing and some declaring bankruptcy, I would say anything can happen. Just always secure your assets. Just always be ready.
member
Activity: 770
Merit: 10
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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
In my opinion, there are no predictions that are 100% accurate and anyone can make their predictions. especially, in the crypto market, you should not trust analysts.
I have read many articles about analysts and made predictions that BTC prices will soon grow to $ 30k, $ 50k and even $ 100k. that's bull shit.
My experience is to create your own strategy to make money. Do not believe the words of experts.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
Remember this one and easy fact about crypto space: There are no experts here who can tell you how the market reacts with the coming hour, day, month or a year. Telling and forecasting cryptomarket precisely. If somebody could do that, they wouldn't share this info for free on the Internet, there is just too much money to be made with an ability like this.


And that is something that is mostly forgotten, if I could really predict what the market will do in a very precise way then I will not share that information with anyone because even if the amount of money that I had available to invest in the market was low I could easily multiply it many times over in one year with that kind of skill, so we must always be very careful about following the advice that we read online because even if the person that is giving the prediction has good intentions the prediction that he is giving cannot be 100% accurate.
hero member
Activity: 1456
Merit: 579
HODLing is an art, not just a word...
No. Check out forecasts of experts according to BTC price in 2018 year, all of them expected 30-50 k for BTC and only a few of them predicted 3000.
It is about luck and clear vision

nobody predicted $3000. don't be a fool. all those who said low prices such as $3k never stopped there, they were saying all kinds of nonsense about bitcoin. not to mention that they were saying it long before the rise even ended! for example most of those who have been talking about bitcoin drop were saying price is going to drop to $1000 back when it was $1200 and was rising up towards $20,000
member
Activity: 490
Merit: 14
No. Check out forecasts of experts according to BTC price in 2018 year, all of them expected 30-50 k for BTC and only a few of them predicted 3000.
It is about luck and clear vision
full member
Activity: 602
Merit: 106
Remember this one and easy fact about crypto space: There are no experts here who can tell you how the market reacts with the coming hour, day, month or a year. Telling and forecasting cryptomarket precisely. If somebody could do that, they wouldn't share this info for free on the Internet, there is just too much money to be made with an ability like this.

member
Activity: 616
Merit: 10
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To predict Crypto I think it's very difficult because of the unstable market conditions. And I think that will only make us hope. What I'm doing now is trading every day. So I did speculation and I had to be sure of what I was doing.
full member
Activity: 1330
Merit: 147
Everyone should have their own predict, either some expert or just people who have an investment in cryptocurrency like me and you. I think you had a prediction againts the price of cryptocurrency, and I just curious, what price do you predict for the price of bitcoin? The price of ETH? XLM? and more. If you look at price movements in 2017 then the predict that you guessed will have a high price, because your basic research is the high price. This is what happened to some expert, they used 2017 as a sample to make a prediction. Whereas a prediction not everything happened/true, because it's just an illusion. So as the type of person who only relies on predictions, they will never invest long.
full member
Activity: 728
Merit: 103
yes these experts are great at forecasting the price of bitcoin. Tommy Lee was spot on with his prediction, only off by around $20,000 Cheesy and let's not even mention john mcafee. Face it everyone, there is no way of knowing unless you are the one involved in price manipulation.
full member
Activity: 952
Merit: 104
The finacial expert are quite at this time can't hear their voice at this moment 😀😀😀 bitcoin as virtuald decentralized currency with high volatile fluctuations harder to predict analysts can give help when or where bitcoin going on but is very difficult the exact time when their value rapidly increasing.
sr. member
Activity: 784
Merit: 250
Your thought is correct. Crypto market cant be predicted, you'll never know what will happen to the market, about the price and events that can change few things in the market. Lucky you are because you have heard one accurate prediction, well to my memory I havent heard any of them got a valid prediction.
one of the risks in crypto currency investment is that prices and values cannot be predicted with certainty and precisely we can only graph from the previous time and can draw conclusions, and with conditions and situations like now investors must be clever in utilizing every opportunity obtained in making a profit
full member
Activity: 630
Merit: 110
Crypto market is small and therefore, more volatile and manipulated than other markets. Most analysts have been wrong in their price or time forecasts or both.
legendary
Activity: 1666
Merit: 1001
No nobody could predict the market, nowadays the market is very fluctuative and full of manipulation,the experts predicted the price from the chart and history,so nothing is sure and it can't be predicted correctly 100% because the one that drive the price is the supply and demand
hero member
Activity: 1246
Merit: 529
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One more thing i almost forgot.. Nowdays there supposed crypto gurus and advisors, are proliferating like cockchroaches. Many of them try to make the crowd think they are some kind of genius.. but in last instance they really dont have any idea,  just promote themselves while taking advantage of the ignorance of people willing to invest. SO, better do your own research instead of trusting anyone.
Unless those experts can prove that they had predicted what was going to happen in the market before it happened then they do not have any credibility and we should not believe anything they say since it is very easy to do a bunch of predictions and then when you get one right to claim that you are a genius when in fact the number of predictions they got right is incredibly low.


Even if they somehow managed to make a correct prediction in the past, that doesn't mean all their predictions will be accurate. Even a wild guess can sometimes hit it's target at times. That's why you don't really have to trust these so called experts since their predictions would most likely be as good as yours lol.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
One more thing i almost forgot.. Nowdays there supposed crypto gurus and advisors, are proliferating like cockchroaches. Many of them try to make the crowd think they are some kind of genius.. but in last instance they really dont have any idea,  just promote themselves while taking advantage of the ignorance of people willing to invest. SO, better do your own research instead of trusting anyone.
Unless those experts can prove that they had predicted what was going to happen in the market before it happened then they do not have any credibility and we should not believe anything they say since it is very easy to do a bunch of predictions and then when you get one right to claim that you are a genius when in fact the number of predictions they got right is incredibly low.
sr. member
Activity: 882
Merit: 282
Those predictions at the early last year did not come to pass because no one can accurately predicts the movements of financial assets. We should expect time to time predictions failure because the market did not always obey what we wanted.  If you have decided to follow those unusual predictions then you are not a good trader as a good trader follow the fact through analyzing both technical and fundamentals indicators and place trade base on his conclusions.  No big forecasts for now because of the ways those predictions has failed .
hero member
Activity: 1218
Merit: 513
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

I don't think anybody ever had, it's more like a gambling Smiley At least I can't for sure, I'm doing much better in normal gambling like sports betting.
Anyway, I'm keeping my eyes on few signal groups and sometimes they are on the right side of the game. You may check https://smartoptions.io/telegram-crypto-signals/ and
https://cryptoinformator.com/crypto-signals.
full member
Activity: 770
Merit: 101
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Never and no one, except cryptosuperman Grin, can know the future. This applies not only to crypto market. Too many variables that we do not consider.
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