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Topic: How do you predict the market? (Read 718 times)

member
Activity: 898
Merit: 19
Do it For Better Humanity (Bitget trader)
August 27, 2022, 04:33:20 PM
#34

Also, I know it's demand and supply is there any more reason heavy reason why you see that the bitcoin value could go up or down?


But I wonder why the supply increases before the Demand increase in Bitcoin. Because mostly, Bull run starts after every halving and each halving increases the circulating supply of bitcoin but reduce miners reward if I'm right.
full member
Activity: 1050
Merit: 110
May 01, 2022, 06:49:48 AM
#33
In order to predict the future movement of the exchange rate using past market data, traders need to look for patterns and signals. Previous price action can lead to patterns that technical analysts try to identify and, if correct, should signal where the exchange rate is headed next.
Well someone very wise would keep an eye on every aspect.
But predicting the market is not an easy task - sometime all the prediction fails when the table are turned and things go against your luck.
jr. member
Activity: 99
Merit: 1
March 28, 2022, 09:56:04 AM
#32
In order to predict the future movement of the exchange rate using past market data, traders need to look for patterns and signals. Previous price action can lead to patterns that technical analysts try to identify and, if correct, should signal where the exchange rate is headed next.
full member
Activity: 174
Merit: 100
Separation of currency and state.
February 05, 2022, 08:55:32 AM
#31
Nobody can predict the market. The thing to do is to buy bitcoin, and hold it. Anything else is foolish.
legendary
Activity: 4410
Merit: 4766
January 18, 2022, 11:41:46 AM
#30
as stated in previous posts ages ago..

at the moment the bottom value and premium is in the $30k-$70k range(mining cost most efficient to most expensive on planet)

no one on the planet needs/wants to pay more than $70k because even hobby miners in japan/germany(most expensive electric on earth) can mine bitcoin cheaper than $70k

once the value window (look at most expensive electric and calculate mining cost based on hashrate) exceeds $100k then people are more willing to buy for $100k.. but that is not yet.
hero member
Activity: 1834
Merit: 879
Rollbit.com ⚔️Crypto Futures
January 15, 2022, 06:37:32 PM
#29
You could easily predict the market based on fundamental sentiments like political news and the alike which you could use to know if markets will be bullish or bearish but it wont always go your direction because there is manipulation on these markets.

If calculated moves are you thing then technical analysis will be idea to help predict the market.
copper member
Activity: 246
Merit: 7
buy bitcoin, hodl bitcoin
January 14, 2022, 12:41:46 AM
#28
predicting is easy but when will it come true its the hard part, alot of people saying bitcoin going $100k yes offcourse but when?

what i know for sure is it definitely will got $60k area before it reach $100k  Grin
jr. member
Activity: 99
Merit: 1
January 11, 2022, 01:17:48 PM
#27
No one can predict the market, but there are road signs along the way, like the ones described above, that can help identify when risk is higher or lower. Always remember that the stock market is inefficient and unpredictable, so do your research.
member
Activity: 686
Merit: 21
December 18, 2021, 05:33:29 PM
#26
You cannot predict the market all the time, you just do it right or wrong, but you need to learn about when it was right and when not and repeat it.
I think bitcoin market can be predict correctly without a mistake so therefore the only people i know very that can work on the of cryptocurrency and get it right is those of people that engaged in trading everything because those the candles of trade map Will explain basically the time coin will fall and rise
member
Activity: 812
Merit: 53
December 10, 2021, 01:11:44 PM
#25
Anyone can predict the market on basis of technical analysis and fundamental analysis. Fundamental analysis tells how this project works. And it's current situation on market. And. Technical analysis tells about the selling signal or the buying signal. Both have own importance and both are used to predict a coin or market.
full member
Activity: 868
Merit: 106
December 08, 2021, 10:47:07 AM
#24
When traders do analysis, no one knows for sure about future market conditions. If you have already started trading, for me do a simple analysis based on knowledge. The ups and downs of the market are market dynamics that occur. If we are a day trader, it will be very easy to open buy. Do it when the market is down and open a sell when you have made a profit. If the market continues to dump, then hold on.
member
Activity: 686
Merit: 21
December 05, 2021, 03:43:01 PM
#23
Market is totally unpredictable and you could never predict it all the time, all you could do is analyze the market and predict the suitable outcome.
I agree with you, the market of cryptocurrency is unpredictable and i know that I'm new into cryptocurrency but the way i see it revolution through the market no one will explain over good for what the market can bear to next, even for my life i dont believe market prediction
jr. member
Activity: 99
Merit: 1
November 29, 2021, 01:57:26 PM
#22
Market is totally unpredictable and you could never predict it all the time, all you could do is analyze the market and predict the suitable outcome.
hero member
Activity: 588
Merit: 500
November 25, 2021, 05:48:19 PM
#21
usually in end year much people have crypto currency sell get money and then tourism
so in end year all crypto currency include btc  down price
legendary
Activity: 4410
Merit: 4766
November 25, 2021, 09:17:35 AM
#20
you cannot predict the exact price or exact time of change of price..

but you can view if the current price is cheap (near base value(explained earlier in year above)) or the price is super inflated speculated bubble (many multiples of base value)

by knowing if the price is cheap or inflated can help you judge if your buying on the high or the low

then its a case of remembering buy low sell high
jr. member
Activity: 99
Merit: 1
October 17, 2021, 01:31:21 PM
#19
You cannot predict the market all the time, you just do it right or wrong, but you need to learn about when it was right and when not and repeat it.
member
Activity: 672
Merit: 16
October 11, 2021, 11:05:42 AM
#18
You can predict the market by looking at charts and studying if you know how to read market charts. You can also predict the market by not doing it yourself but looking at other people speculation about market price in order no to bother yourself of making a wrong predictions.

You can ready books about market predictions to get to know it better than the current knowledge a person might have now.
legendary
Activity: 3822
Merit: 2703
Evil beware: We have waffles!
September 30, 2021, 09:56:49 AM
#17
Hmm, after reading this, think I'll change from sacrificing a goat & interpreting spots on its innards to using a hamster...
full member
Activity: 966
Merit: 102
September 28, 2021, 02:34:28 AM
#16
Actually it's not just about the knowledge you have but also utilizing the available data in the past and the current data you have, no one can really predict the right price but they can make an estimate on where the price could go, that is why every trade you should have a target price and losing price since you simply don't know where it will go.

I can't predict the market but I use indicators, tools and data to estimate what price it will go.
member
Activity: 686
Merit: 19
September 27, 2021, 02:57:19 PM
#15
Now I learned that anything can happen and at the same time, I should learn how to read the signal but in the end, you're just guessing the knowledge you gain.

Still, I want to start a topic by asking what is your guess on the amount will be?
what's your prediction? and why?
Please, without any bases of Tesla and Elon did this and that so it will be a bull run.

Also, I know it's demand and supply is there any more reason heavy reason why you see that the bitcoin value could go up or down?

Maybe you are uncertain about your prediction? feel free here to answer and to everyone that has more knowledge don't judge them and I am just curious on what are the reason of everyone that if there is any more reason why.
Do you really want to know what the next move of the market? Then, I think we can't. Even the best market analyst find it difficult to speculate the accurate price of the market. We can only make an assumption of the market price but wouldn't be that accurate.

You asked a good question but I think it's rhetorical in nature cos our price predictions are just mere assumption, nothing more.
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