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Topic: my prediction is always wrong (Read 848 times)

full member
Activity: 378
Merit: 100
June 07, 2018, 04:51:04 AM
after the bitcoin price drops to $ 10000, yesterday the bitcoin price rose by 8.5%, and I expect the bitcoin price will not fall again, and will slide to $ 20,000, and I think when the natural correction ends.
But today I see bitcoin down again, why this can happen? is it a bubble? how to make the hype to be stable and go back up?

The market is volatile and because of that, there is no accurate prediction, the best thing to do is just hold your coin and wait for the highest price to come out before selling or investing in the market.
full member
Activity: 658
Merit: 117
June 07, 2018, 04:40:01 AM
after the bitcoin price drops to $ 10000, yesterday the bitcoin price rose by 8.5%, and I expect the bitcoin price will not fall again, and will slide to $ 20,000, and I think when the natural correction ends.
But today I see bitcoin down again, why this can happen? is it a bubble? how to make the hype to be stable and go back up?

Two things:

1. 8.5% rise in bitcoin price within 24 hours does not guarantee an accelerated hitch-free 84.33% rise within a short amount of time. While this is not an exclusive pointer (and my biased opinion), other intrinsic factors affect the market price and more intimately regulation and volatility.

2. Hype at this point is no longer enough to drive that wagon; if it were enough, Dec., '17 would have been a huge turning point for cryptocurrency and mainstream adoption and hence dismiss every fear you currently have for bitcoin as being a bubble.
member
Activity: 238
Merit: 11
June 07, 2018, 04:29:01 AM
It is quite hard to predict what will happen to bitcoin when, there is a lot of people falling to FUD and price manipulation dropping the price not to mention its indefinite volatility.
No use in making predictions at all especially if you are doing long term.
full member
Activity: 658
Merit: 152
June 07, 2018, 03:27:58 AM
You probably make your prediction only on your own experience and knowledges. This way you will never be correct with predictions, you know, even experts can mistake about crypto, some of them predicted growth from April, but it didn't happen. If you have an opportunity to just hold your founds - hold it till the target that you set to yourself, will it be 20k$ or 200k$ it's up to you.
full member
Activity: 462
Merit: 100
June 07, 2018, 03:08:31 AM
after the bitcoin price drops to $ 10000, yesterday the bitcoin price rose by 8.5%, and I expect the bitcoin price will not fall again, and will slide to $ 20,000, and I think when the natural correction ends.
But today I see bitcoin down again, why this can happen? is it a bubble? how to make the hype to be stable and go back up?
Nobody in this world has enough paranormal abilities to predict the future, not even the best analysts and expert traders have proven to have the talent to hit 100% of their predictions. But it is clear to me that in your specific case you are not working on a defined strategy, but only based on your hunches. If you really had proper planning in your trading decisions, you were not regretting them, but you were taking note to learn from this experience.
Bitcoin is on the way down and it seems that will drop more in the near future, but after reaching below level it will increase again and hope it will cross $20000. It seems impossible but I am sure about the bright future because of the increasing investment capital. This year the price will remain under $10000 but in the next year it will grow more and more.
newbie
Activity: 112
Merit: 0
May 30, 2018, 12:14:15 PM
One doesn’t need to be great with numbers to make a fortune with cryptocurrency. If you’re able to observe patterns, human behavior, and anticipate change, you’ve got a powerful crypto-trading mindset.Predictions are a risky business.

Lesson learned: don’t confuse trends with facts
member
Activity: 602
Merit: 10
May 30, 2018, 07:58:22 AM
after the bitcoin price drops to $ 10000, yesterday the bitcoin price rose by 8.5%, and I expect the bitcoin price will not fall again, and will slide to $ 20,000, and I think when the natural correction ends.
But today I see bitcoin down again, why this can happen? is it a bubble? how to make the hype to be stable and go back up?

Prediction is only an estimate, and not necessarily it will come true because basically humans will not be able to know the future. If you want to benefit from bitcoin then you have to be patient, because to benefit from bitcoin it is not as easy as expected.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
May 30, 2018, 07:03:49 AM
just go wrong just move too fast so assume that your prediction is wrong because the price can not be guessed can go down in a fast time but predictions can be seen if you are really adept at reading a graph.

We don't need to rely 100% at predictions, and most certain cases happened was failure on expectations. With my personal experience I also felt sad with actual outcome on the price right now, because not all positive thinking had brought good market value on bitcoin.
In fact, relying so much on 100% correct prediction as a trader would be more like over working yourself. Every trade needs to be well planned before jumping in or jumping out and the caliber of traders that over work their emotions are those who do not always have that planned already but simply just do so much activity on the market that they let their emotions rule them when they should be making good decisions and trade on what they see and not what they feel.

The mistake any new trader will always make after learning some few certain things is to assume that they are going to end up right 100% of the time, and always forget to plan how to exit or stop loss whenever things like that happens. It is a market and anything can happen, which happens in every other market as well, and that is actually the essence of having a stop loss in any market which should even be more important than buying and selling a position.
sr. member
Activity: 572
Merit: 250
May 29, 2018, 01:48:08 AM
if I may add with as if I became you I will learn more and more optimistic again, with the reason precisely when we make a lot of mistakes then the more lessons we take to make predictions or speculation btc price ahead, keep the spirit and success
Let serves this mistakes a lesson so predictions may goes right and wrong. We can assumes bitcoin could going down or up so same situation price is unpredictable. Thorough observing the market you will learn how it works and it's path where it will going.
It is not possible for everyone to do the technical analysis of the market but what we understand that through the deep analysis of the past market trends of bitcoin, the beginning of the year is somehow not favorable for it, the month of August and mid of the year are bearable and the end if highly motivating plus alluring. In short, this is the time for reservations for the end year success.
hero member
Activity: 1428
Merit: 506
May 26, 2018, 12:44:45 PM
if I may add with as if I became you I will learn more and more optimistic again, with the reason precisely when we make a lot of mistakes then the more lessons we take to make predictions or speculation btc price ahead, keep the spirit and success
Let serves this mistakes a lesson so predictions may goes right and wrong. We can assumes bitcoin could going down or up so same situation price is unpredictable. Thorough observing the market you will learn how it works and it's path where it will going.
full member
Activity: 322
Merit: 100
May 26, 2018, 10:34:55 AM
As we all know bitcoin is the kind of cryptocurrency that been stable for years and then it'll increase more up to the month of december year 2017 the value of bitcoin almost hit the 20,000$ prediction of many experts we all didn't see it coming right. It is okay to predict atleast there is an hope.
full member
Activity: 364
Merit: 103
May 26, 2018, 10:25:22 AM
if I may add with as if I became you I will learn more and more optimistic again, with the reason precisely when we make a lot of mistakes then the more lessons we take to make predictions or speculation btc price ahead, keep the spirit and success
sr. member
Activity: 1274
Merit: 263
May 26, 2018, 08:25:27 AM
The opinions and prediction is a free they don't need to pay. What ever how much you predict is okay but think only who are reality to reach the price. They don't know what is really happen today in the next coming days. Maybe the price decrease and sometimes increase but the importnat is the price increasing.
sr. member
Activity: 714
Merit: 250
May 26, 2018, 07:00:32 AM
just go wrong just move too fast so assume that your prediction is wrong because the price can not be guessed can go down in a fast time but predictions can be seen if you are really adept at reading a graph.

We don't need to rely 100% at predictions, and most certain cases happened was failure on expectations. With my personal experience I also felt sad with actual outcome on the price right now, because not all positive thinking had brought good market value on bitcoin.
member
Activity: 308
Merit: 10
May 26, 2018, 06:15:58 AM
just go wrong just move too fast so assume that your prediction is wrong because the price can not be guessed can go down in a fast time but predictions can be seen if you are really adept at reading a graph.
member
Activity: 183
Merit: 11
May 25, 2018, 03:27:42 PM
after the bitcoin price drops to $ 10000, yesterday the bitcoin price rose by 8.5%, and I expect the bitcoin price will not fall again, and will slide to $ 20,000, and I think when the natural correction ends.
But today I see bitcoin down again, why this can happen? is it a bubble? how to make the hype to be stable and go back up?
Nobody in this world has enough paranormal abilities to predict the future, not even the best analysts and expert traders have proven to have the talent to hit 100% of their predictions. But it is clear to me that in your specific case you are not working on a defined strategy, but only based on your hunches. If you really had proper planning in your trading decisions, you were not regretting them, but you were taking note to learn from this experience.
newbie
Activity: 92
Merit: 0
January 28, 2018, 04:05:57 AM
The volatility in the market is normal.It is not always possible to accurately predict market conditions.There will always be fluctuations.This year there is a prediction that Bitcoin prices will increase. But I think this prediction will be true.Only need to look from the waiting.
full member
Activity: 350
Merit: 105
January 27, 2018, 11:24:26 AM
I think this is normal if you review the price chart of bitcoin. It's not easy to predict the prices of bitcoin because of it's volatility. All we got is waiting and see the price if either pump or dump.
hero member
Activity: 686
Merit: 521
January 27, 2018, 06:55:23 AM
after the bitcoin price drops to $ 10000, yesterday the bitcoin price rose by 8.5%, and I expect the bitcoin price will not fall again, and will slide to $ 20,000, and I think when the natural correction ends.
But today I see bitcoin down again, why this can happen? is it a bubble? how to make the hype to be stable and go back up?
To be honest you just got unlucky because of the unpredictable nature of bitcoin and its Not a bubble just the doing of day traders that's causing prices to go up and down.

And for us to get a stable price lets wait and see what happens after regulations are in full effect and market is ready to trade
full member
Activity: 224
Merit: 121
January 27, 2018, 06:28:14 AM
We cannot predict the price value of bitcoin its always flactuates and I dont think so that our prediction on it is always right.Luckily if we predit it right and know what happen when it flactuates.Due to its unpredictable and bitcoin was volatile we are not sure of it ,there are two things that happen always going up and going down.
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