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Topic: How to predict Bit coin price. (Read 3423 times)

legendary
Activity: 2492
Merit: 1332
October 23, 2019, 01:14:42 PM
Any body here now how to predict bitcoin price. Or is there a hint how when to buy and when to sell bit coins. Or how to make profits on buying and selling bitcoins.? I want to try buying and selling crypto currency.
You ask two different questions, the first one about how to predict the price of bitcoin has a very simple answer, no one can predict what bitcoin will do, this may seem disappointing but it should not be, after all there are many things that we cannot predict and we do not really care about them, but your second question is the most important one, is there a way to make profits buying and selling your bitcoins and the answer to that is yes and many traders are doing exactly that at this moment, but very few will share how they do it with you so you need to figure out that by yourself.
sr. member
Activity: 630
Merit: 265
October 20, 2019, 06:06:49 AM
Any body here now how to predict bitcoin price. Or is there a hint how when to buy and when to sell bit coins. Or how to make profits on buying and selling bitcoins.? I want to try buying and selling crypto currency.
Actually, there are no such people who can predict bitcoin's price because they are just trusting their guts and instinct on when bitcoin will increase or decrease it's price. Buying and selling bitcoin and other cryptocurrencies is not that difficult, you can buy and sell bitcoin in trading platforms and for you to know more you can watch video tutorials on how you will learn to trade.
legendary
Activity: 2394
Merit: 1848
Leading Crypto Sports Betting & Casino Platform
October 20, 2019, 01:35:57 AM
I recently read an article that says that seeing network activity helps predict the price of Bitcoin, it is curious and, at the same time, it is a method I did not know, it has to do with the correlation of Bitcoin Hashrate with the price of bitcoin Of course, it is accompanied by the Hauge method, which is: What is the fundamental value of Bitcoin? Let’s enrich Hans Hauge’s approach, consulcesi.tech, although the method seems to be something logical, it is invalidated when the bullish trend phase is presented.

Here to review: WATCHING NETWORK ACTIVITY CAN HELP PREDICT BITCOIN PRICE, bitcoinist.com

I think you can improve or complement the method with some feelings caused by news, some regulations, emotions, so that the prediction has more arguments.
legendary
Activity: 3738
Merit: 1708
October 20, 2019, 12:26:04 AM
]

or buy some books, the following book i recommend:
1. Technical Analysis of the Financial Markets: A Comprehensive Guide to Trading Methods and Applications by John J. Murphy
2. Market Wizards, Updated: Interviews with Top Traders by Jack D. Schwager
3. Way of the Turtle: The Secret Methods that Turned Ordinary People into Legendary Traders by Curtis Faith


fundamental is about basic bitcoin, news, adoption, etc. you can learn basic by reading book, the following book i recommend:
1. Mastering bitcoin
2. Bitcoin from beginner to expert
3. The little bitcoin book


Seriously... Books?
In no doubt those books sounds interesting to read but I just feel that one can't get all the information about Bitcoin price prediction from it but instead add or spark up more information about Bitcoin generally.
Reading is good.. Yes but crypto price prediction is something that has to be more practical.

The books are pretty much there for teaching you the basics of trading and maybe some trading psychology. However they will never teach you how to trade.

About a decade ago I read probably about dozens of these books and they are all the same. Talking about basics like what is going long, going short, different candle stick patterns, what is a doji, etc, etc.

However they can teach easy methods like buy on support or sell on resistance but that is pretty much it. The more involved books like Elliot Wave theory are even more confusing and unreliable.

Its there to get you started but you need to go 90% of the way yourself. Find what type of trader you are and take it front there. Keep in mind that 95% of traders lose money.
sr. member
Activity: 1526
Merit: 420
October 19, 2019, 09:33:21 PM
I wish I can predict the Bitcoin and crypto prices so that I will never get rekt again. Of course its totally impossible that we can predict Bitcoin prices because if that happens no more losers and everybody is a winner in their trades. We need to understand the nature of the market its the battle between buyers and sellers, but only you can take advantage if you have better analysis. 
sr. member
Activity: 1624
Merit: 261
October 19, 2019, 03:40:14 PM
Any body here now how to predict bitcoin price. Or is there a hint how when to buy and when to sell bit coins. Or how to make profits on buying and selling bitcoins.? I want to try buying and selling crypto currency.
First of all, there is no certain or assurance method to predict Bitcoin price since it relies on the law of supply and demand. However, analyzing its chart with the help of indicators and other tools can help you determining its price movement yet you shouldn't be too confident using that since its future price might satisfy or meet your analysis thus you will have to apply the risk management.
From the very beginning, there's no accurate on the prediction of bitcoin price. I agree having technical analysis could help to determine the indicators, it would rather give help. But above all, studying the market is necessary and let's should not rely on others. Also always know the risks in crypto that prices are volatile.

Predictions by the experts are always missed. There is no one to guess the actual bitcoin price, it's true that you mean I would rather analyze myself about the price of bitcoin and see from the graph I never rely on anyone else because it's far from reality better what I do it true if missing is not a problem for me.

First time I have come across such upfront answer about so called baseless predictions as it never hits anywhere near the bulls eye and misses it by miles. But it's time we start our own research with the news which might affect the value of bitcoin and then plan accordingly, we cannot entirely blame the experts for their prediction as the market is unpredictable and they are trying to help us by trying to predict whatever they can on basis of their knowledge which used to work in the past.
hero member
Activity: 1426
Merit: 506
October 19, 2019, 02:37:36 PM
If don't know about technical analysis, maybe people will look information in forum like this. Collect prediction from people and then make my strategy from it. That is why i very agree with people should learn technical analysis.
If you are trading with other people predicting then you will not go further, make your own analysis and come to a conclusion rather than trusting a third person and that is the case with every financial market. I do not trade with technical analysis alone i just monitor the market trend and make my own decisions when i am in the mood to trade in the short period.
sr. member
Activity: 1092
Merit: 250
October 19, 2019, 01:55:24 PM
Any body here now how to predict bitcoin price. Or is there a hint how when to buy and when to sell bit coins. Or how to make profits on buying and selling bitcoins.? I want to try buying and selling crypto currency.
First of all, there is no certain or assurance method to predict Bitcoin price since it relies on the law of supply and demand. However, analyzing its chart with the help of indicators and other tools can help you determining its price movement yet you shouldn't be too confident using that since its future price might satisfy or meet your analysis thus you will have to apply the risk management.
From the very beginning, there's no accurate on the prediction of bitcoin price. I agree having technical analysis could help to determine the indicators, it would rather give help. But above all, studying the market is necessary and let's should not rely on others. Also always know the risks in crypto that prices are volatile.

Predictions by the experts are always missed. There is no one to guess the actual bitcoin price, it's true that you mean I would rather analyze myself about the price of bitcoin and see from the graph I never rely on anyone else because it's far from reality better what I do it true if missing is not a problem for me.
hero member
Activity: 1582
Merit: 523
October 18, 2019, 06:01:10 AM
Any body here now how to predict bitcoin price. Or is there a hint how when to buy and when to sell bit coins. Or how to make profits on buying and selling bitcoins.? I want to try buying and selling crypto currency.
First of all, there is no certain or assurance method to predict Bitcoin price since it relies on the law of supply and demand. However, analyzing its chart with the help of indicators and other tools can help you determining its price movement yet you shouldn't be too confident using that since its future price might satisfy or meet your analysis thus you will have to apply the risk management.
From the very beginning, there's no accurate on the prediction of bitcoin price. I agree having technical analysis could help to determine the indicators, it would rather give help. But above all, studying the market is necessary and let's should not rely on others. Also always know the risks in crypto that prices are volatile.
sr. member
Activity: 658
Merit: 251
October 18, 2019, 04:54:33 AM
]

or buy some books, the following book i recommend:
1. Technical Analysis of the Financial Markets: A Comprehensive Guide to Trading Methods and Applications by John J. Murphy
2. Market Wizards, Updated: Interviews with Top Traders by Jack D. Schwager
3. Way of the Turtle: The Secret Methods that Turned Ordinary People into Legendary Traders by Curtis Faith


fundamental is about basic bitcoin, news, adoption, etc. you can learn basic by reading book, the following book i recommend:
1. Mastering bitcoin
2. Bitcoin from beginner to expert
3. The little bitcoin book

Quote
Seriously... Books?
So, what's wrong with books dude?

Quote
one can't get all the information about Bitcoin price prediction the technical analysis books
remember, bitcoin isnt JUST about prediction, we must learn basic fundamental of bitcoin.
if we understand enough, then we can learn more price prediction. remember that there is no one source that can get all the information. the information is separate, that's why we must read more.

Quote
Reading is good.. Yes but crypto price prediction is something that has to be more practical.
teoritical and practical are important, we must be balance to get good knowledge. there is no better than another
hero member
Activity: 1120
Merit: 553
Filipino Translator 🇵🇭
October 18, 2019, 02:42:24 AM
Any body here now how to predict bitcoin price. Or is there a hint how when to buy and when to sell bit coins. Or how to make profits on buying and selling bitcoins.? I want to try buying and selling crypto currency.
First of all, there is no certain or assurance method to predict Bitcoin price since it relies on the law of supply and demand. However, analyzing its chart with the help of indicators and other tools can help you determining its price movement yet you shouldn't be too confident using that since its future price might satisfy or meet your analysis thus you will have to apply the risk management.
full member
Activity: 966
Merit: 153
October 17, 2019, 05:21:40 PM
#99
]

or buy some books, the following book i recommend:
1. Technical Analysis of the Financial Markets: A Comprehensive Guide to Trading Methods and Applications by John J. Murphy
2. Market Wizards, Updated: Interviews with Top Traders by Jack D. Schwager
3. Way of the Turtle: The Secret Methods that Turned Ordinary People into Legendary Traders by Curtis Faith


fundamental is about basic bitcoin, news, adoption, etc. you can learn basic by reading book, the following book i recommend:
1. Mastering bitcoin
2. Bitcoin from beginner to expert
3. The little bitcoin book


Seriously... Books?
In no doubt those books sounds interesting to read but I just feel that one can't get all the information about Bitcoin price prediction from it but instead add or spark up more information about Bitcoin generally.
Reading is good.. Yes but crypto price prediction is something that has to be more practical.
sr. member
Activity: 658
Merit: 251
October 17, 2019, 05:12:20 PM
#98
There are 2 analysis to predict bitcoin or other financial asset, technical and fundamental analysis
you can learn technical by indicator, support, resistance, candlestick, etc. i recommend this site stock charts, INVESTOPEDIA ACADEMY, Udemy’s Technical Analysis Courses

or buy some books, the following book i recommend:
1. Technical Analysis of the Financial Markets: A Comprehensive Guide to Trading Methods and Applications by John J. Murphy
2. Market Wizards, Updated: Interviews with Top Traders by Jack D. Schwager
3. Way of the Turtle: The Secret Methods that Turned Ordinary People into Legendary Traders by Curtis Faith


fundamental is about basic bitcoin, news, adoption, etc. you can learn basic by reading book, the following book i recommend:
1. Mastering bitcoin
2. Bitcoin from beginner to expert
3. The little bitcoin book
legendary
Activity: 2800
Merit: 1128
Leading Crypto Sports Betting & Casino Platform
October 17, 2019, 11:38:51 AM
#97
It could have been a coincidence, how many price predictions do you think are made every day on the Internet about the possible trajectory of the price of bitcoin? It is impossible to know but even a number as low as 34000 predictions per day means that each month there will be one million predictions, when you have such a huge number it is reasonable to expect that some people will guess the correct price of bitcoin, this is similar to what happens with lotteries in which there is a low chance of winning but someone will have to eventually win it.
Those who are making those predictions are just doing more of intuition prediction, which is why they usually do not back it up with facts when they make the prediction, no picture or analysis to back their values up.  The volatility of bitcoin really makes it very difficult to predict the price of bitcoin.

I have seen where people predict that bitcoin will be in uptrend in a short period and then, we see the down trend as response. Someone recently just predicted that the value of bitcoin will reach $16000 by the middle of this month, this is middle already here and the price has not even reached $10k, not to talk of $16k, and the so-called speculator claim to be a guru with analysis. The best way to predict bitcoin is just to know that the value will increase and have a goal for it.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
October 14, 2019, 12:22:02 PM
#96
Any body here now how to predict bitcoin price. Or is there a hint how when to buy and when to sell bit coins. Or how to make profits on buying and selling bitcoins.? I want to try buying and selling crypto currency.
We all know that no one can predict the bitcoin price if you are the one holder bitcoin you must have patience to wait the right time you can sell your bitcoin. And wait again the right to buy a bitcoin if the price goes down. So no one here can predicted it sir.
We have many people that has predicted the price of bitcoin in the past, and recently too, there is this guy on this forum that I ever regret not listening to because I am one of these people that believes you should never listen to people’s opinion, and because of that I totally ignored him when the price of bitcoin was just climbing above $13k, he actually predicted that the market will fall back to $10k, and really, the price was perfectly accurate and around the time he speculated it.

This could not have been a coincidence, the price was perfectly predicted, but what I agree with is that few are these people that know how to actually predict bitcoin, and many people that do predict are just predicting out of instinct and not with fact or analysis.
It could have been a coincidence, how many price predictions do you think are made every day on the Internet about the possible trajectory of the price of bitcoin? It is impossible to know but even a number as low as 34000 predictions per day means that each month there will be one million predictions, when you have such a huge number it is reasonable to expect that some people will guess the correct price of bitcoin, this is similar to what happens with lotteries in which there is a low chance of winning but someone will have to eventually win it.
sr. member
Activity: 783
Merit: 270
October 12, 2019, 03:24:10 PM
#95
The first thing that the OP my need to grab and stick to his brain is just to learn deeply how to make use of analysis because that is the only way that bitcoin price can be predicted accurately and once one can easily predict the movement of bitcoin, then trading should not really be a very big problem for such person, the only thing that is needed is just to learn some basics of trading and know how to apply trading rule.

No matter the tutorial we watch, if we don’t know how to make use of analysis, then we better just be an holder and not a trader, at least by holding, we just know that our responsibility is to listen to news, watch the market for an increase price and then sell, but for trading, there is no trading without the use of analysis such as technical and fundamentals.
hero member
Activity: 2772
Merit: 634
October 12, 2019, 12:16:07 AM
#94
Any body here now how to predict bitcoin price. Or is there a hint how when to buy and when to sell bit coins. Or how to make profits on buying and selling bitcoins.? I want to try buying and selling crypto currency.
We all know that no one can predict the bitcoin price if you are the one holder bitcoin you must have patience to wait the right time you can sell your bitcoin. And wait again the right to buy a bitcoin if the price goes down. So no one here can predicted it sir.
We have many people that has predicted the price of bitcoin in the past, and recently too, there is this guy on this forum that I ever regret not listening to because I am one of these people that believes you should never listen to people’s opinion, and because of that I totally ignored him when the price of bitcoin was just climbing above $13k, he actually predicted that the market will fall back to $10k, and really, the price was perfectly accurate and around the time he speculated it.

This could not have been a coincidence, the price was perfectly predicted, but what I agree with is that few are these people that know how to actually predict bitcoin, and many people that do predict are just predicting out of instinct and not with fact or analysis.
full member
Activity: 966
Merit: 153
October 11, 2019, 07:38:40 PM
#93
it is very hard to predict bitcoin price movements. although there are many different kinds of tutorials for predicting,
none of them are accurate, only guessing.
maybe you can estimate prices from market trends, generally if the market is Bullish prices will continue to pump.
Conversely, if the Bearish is generally the market will continue to weaken.
Well, the part where you stated that some of these price perdiction where mere guessing is somewhat true. Many just kept raising price of bitcoin that meets their personal price perdiction.
Funny enough, this is the same method some self proclaimed Bitcoin are using.
hero member
Activity: 924
Merit: 505
October 10, 2019, 01:03:18 AM
#92
Any body here now how to predict bitcoin price. Or is there a hint how when to buy and when to sell bit coins. Or how to make profits on buying and selling bitcoins.? I want to try buying and selling crypto currency.
We all know that no one can predict the bitcoin price if you are the one holder bitcoin you must have patience to wait the right time you can sell your bitcoin. And wait again the right to buy a bitcoin if the price goes down. So no one here can predicted it sir.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
October 09, 2019, 12:55:13 PM
#91
Any body here now how to predict bitcoin price. Or is there a hint how when to buy and when to sell bit coins. Or how to make profits on buying and selling bitcoins.? I want to try buying and selling crypto currency.

I would suggest you to go through videos on how to trade. The guide will certainly guide you on how and when a coin should be bought or sold. I am sure you are new to trading. Kindly learn the basics before you jump into it. Dont rush with your money.
Watching videos alone can't help fully and neither do just learning the basics. If he truly wants to enter into trading, then he should set out a small amount of money he is ready to lose and try demo trading. With this, he will not waste much with the main fund.
What many traders fail to understand is that watching videos and learning strategies is nothing compared to practising.
And OP, as for predicting the right Bitcoin price, charts can help, but it's quite hard to get the exact price.
While nothing can replace actual experience I really think that paper trading plays a very important role since it allows you to see if your strategy works or not long term in the markets and it allows you to know what you would do under many different circumstances, this information is incredibly valuable and it is something that not many people do, after all how people expect to figure out what they need to do in real time with the extreme pressure of trying to take the right decision when they have never done that during their training.
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