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Topic: Do you still believe in predictions of "experts" about the bitcoin price? (Read 3389 times)

sr. member
Activity: 812
Merit: 262
yes, of course, I believe because they are the ones who analyze market conditions (The Experts), I have followed their advice several times and it worked, like some time yesterday, I got news from someone who is an expert in cryptocurrencies about countries that will be banned ICOs, I refrained from buying and it turned out that the news was right, making the market crash 15% in a fast time.
They are really helpful. Yes some of their predictions happened but some are not. Yes I still believe in them. But I still control myself in investing. To be honest no one has a power to predict what will going to happen tomorrow. Its just those people are putting something that they want to happen. It still on you if you will going to believe on them or believe in yourself.
full member
Activity: 1484
Merit: 136
★Bitvest.io★ Play Plinko or Invest!
Nope. Never trust anyone especially like youtubers claiming they know so much about the crypto markets. In fact a lot of them are just making videos to get fame.

The topic is all about the exoerts not just some random guys who uses bitcoin to get fame. Those are experts who based their predictions to the research or such, those are predictions with proofs. Predictions with things that are explainable and scientific. With we can say it is reliable.
full member
Activity: 504
Merit: 100
Experts are just people like us. And it does not mean that when they predict it will really come true. So why we should trust them. We should not rely on the predictions made by those so called 'expert'.
member
Activity: 348
Merit: 10
Predictions are predictions and are someone's opinion and therefore can't be relied on. He believes in his so do I also have my personal prediction which I adhere to no matter what. All we have to do is to wait and see who had his or her prediction right.

I think predictions is not bad, it is a guide for us. But of course, we should also make our own research, for us to know better and to have a peace of mind.
sr. member
Activity: 728
Merit: 254
No,  I really do not believe on predictions even in other fields such as whose gonna be a champion of any sport like NBA and etcetera. It is because there are always these unexpected happenings that changes the outcome of these things. With respect to cryptocurrencies specifically bitcoin, the unexpected possibilities increases because we all know how volatile bitcoin is and how easy it fluctuates. Almost all last predictions that was predicted by these so called experts really didn't happen and only a few comes to reality. So I do not really believe on those predictions.
jr. member
Activity: 202
Merit: 1
I don't believe at all, bro. because the price of bitcoin and altcoin is very difficult to predict by others. even many of them predict the price of bitcoin. but the results are also not in accordance with reality
jr. member
Activity: 70
Merit: 1
“Global loyalty & rewards”
Predictions are predictions and are someone's opinion and therefore can't be relied on. He believes in his so do I also have my personal prediction which I adhere to no matter what. All we have to do is to wait and see who had his or her prediction right.
full member
Activity: 1638
Merit: 167
Buzz App - Spin wheel, farm rewards
yes, of course, I believe because they are the ones who analyze market conditions (The Experts), I have followed their advice several times and it worked, like some time yesterday, I got news from someone who is an expert in cryptocurrencies about countries that will be banned ICOs, I refrained from buying and it turned out that the news was right, making the market crash 15% in a fast time.
jr. member
Activity: 280
Merit: 1
I sometimes follow predictions on bitcoin and they really come to pass. It is not always the case since predictions can also be disappointing. I think it is always cool to consider predictions but you don't have to put all your fate in predictions otherwise one can be disappointed.
member
Activity: 602
Merit: 10
There is no harm in believing in experts' predictions, because they first and better understand crypto conditions, but putting 100% confidence in expert predictions is also at risk.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
I will not believe in all of expert's prediction because I don't know whether their predictions are trustworthy or not. For me, we also should listen but not believe in their prediction. We should believe in our own research about bitcoin price
Even the best predictors can't even predict what will happen for this year.

And most of the predictions last year didn't even have accuracy though their prediction was caught up high by bitcoin and managed to surpass those words they gave.

I still believe them somehow but only few of them.
member
Activity: 322
Merit: 10
The New Pharma-Centric Marketplace
I fully support the author of the topic, and I believe that the so-called experts with their forecasts have done more harm than good. It would be nice if every newcomer to the cryptocurrency market knew what such predictions cost and kept away from them.
member
Activity: 308
Merit: 11
I previously did not trust any predictions. Cryptocurrency in price is unpredictable. I read them, I find it interesting, but I regard them simply as the opinions of certain people. I believe that it is very difficult to find independent experts in cryptocurrency. Almost everyone makes their predictions as an interested person. After all, they are practically not based on anything. Predictions on general price charts are very unreliable. Cryptocurrency does not behave the same in all similar cases. Behind this  because all are specific people, and the situation with the hobby of people cryptocurrency is constantly changing.
hero member
Activity: 2660
Merit: 651
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I believe that we should never trust 100% in any prediction about it, even if that person is presented as the greatest expert or master on the subject, because we must always keep in mind that at the beginning of 2017, when the price of bitcoin was just in $1,000, none of those alleged "gurus" was able to predict that the price of bitcoin would reach $20k some months later. And besides, neither was able to predict the tremendous collapse that the market would suffer next.

If those relevant historical events went completely unnoticed by the "experts", I think none of them has real bases to present themselves these days announcing that bitcoin will reach this or that price by the end of the year.
Those bitcoin enthusiast were really looking for the basis where they predict the movements of bitcoin but don't even think that anytime bitcoin would rise or fall according to the supply and demand on the market.
If it up to me. I don't believe much in the predictions of some Bitcoin expert because sometime their prediction was done for their selfish reason and  I only agree and support the prediction which or almost tally with my own prediction.
member
Activity: 434
Merit: 10
If it were left to the predictions and suggestion of some experts bitcoin should be hitting way above $15,000 US but what do we see now. I say you do your own analysis and make your own deductions without putting your entire hope on it because this is crypto and anything can happen.
sr. member
Activity: 756
Merit: 250
If peoples start to accept bitcoin around the globe im very positive bitcoin price will skyrocket. We have billion peoples in the world with only 21m bitcoin only what do you think will happen.
of course it is very difficult to happen if everyone around the world accepts bitcoin and uses it. because someone's success is different and not all in the crypto world. although the amount of bitcoin is only 21 million, bitcoin will not run out.
hero member
Activity: 1190
Merit: 534
To be honest, no one can predict the accurate price of Bitcoin in the future but we can use certain methods such as fundamental and technical analysis to predict the possibilities of trends that might take place in the future. This can help to determine the trading strategies but still, it is not a sure-fire way to predict the future and hence past data is not the only factor. Thus completely relying on the opinion of experts is not recommended and doing own research always helps in the long run.
hero member
Activity: 1414
Merit: 505
Backed.Finance
Not entirely believe in experts predictions on bitcoin price but it can be used for our indicator because we should find more news and reviews for others and also we should thinking by yourself and start to learn about the price.

Of course, we have to validate those prediction especially from those signal group. We can check also from graph whats happening and a possible  next movement of coins. Technical Analysis is a great tool to study in trading, its a must in my opinion. Those predictions are great guide and we can not disregard them also.
jr. member
Activity: 448
Merit: 1
No i dont cause most times their predictions do nothing but harm to me in the sense that i tend to lose money as a result of keeping up with predictiors and their predictions i just make my own research and stay focused and stay of predictions.It make me cool and confident
full member
Activity: 560
Merit: 108
Not entirely believe in experts predictions on bitcoin price but it can be used for our indicator because we should find more news and reviews for others and also we should thinking by yourself and start to learn about the price.
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