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Topic: How to predict about crypto market (Read 272 times)

sr. member
Activity: 1274
Merit: 263
September 27, 2017, 01:21:34 AM
#3
Cryptocurrency and other assets are different,
Cryptocurrency can be manipulated by peoples/groups and organizations unlike other assets that need a lot of factor to determine the movement.
which mean cryptocurrency is an unpreditcable assets,for example if look at back when we were facing the chain split.
a lot of people predicting Bitcoin price will fall because of another clone created based on Bitcoin,
because of that there'll be another coin exactly 'same' like Bitcoin so many people predicted it will go down a bit 'huge'.
but in reality ? it did,but a few days before chain split and then afterwards the price is surging or doubling.
based that alone we can see it's pure manipulation,and it's very hard to see the movement.
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
September 26, 2017, 11:40:52 PM
#2
How to know if a coin's price will rise or fall? You can't. If we could predict price trends with 100% pinpoint accuracy then we would be rich. Reading charts in cryptocurrencies can only get you enough information on what's going to happen with the markets. What affects prices alot more are the news. x coin getting hacked? Expect a price dip/crash. y coin being partnered with a huge company? Expect a rise/skyrocket.
newbie
Activity: 52
Merit: 0
September 26, 2017, 11:33:12 PM
#1
When will the price of particular coin falls and when will it jump...
When to buy and when to sell...
Because in this market we can't predict rise and fall like we do in share market based on its company activities
So how to predict about rise and fall
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