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Topic: my prediction is always wrong - page 2. (Read 848 times)

member
Activity: 75
Merit: 10
January 27, 2018, 05:54:05 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?

Could you send me every day your prediction in a PM? Thanks  Grin
legendary
Activity: 1862
Merit: 1046
January 27, 2018, 05:16:12 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?

It takes time to rise to $20k, at the beginning of the year bitcoin price indeed always down, you should see the cycle and this is normal. bitcoin will increase when the mid year, we see what's going to happen like in the year of 2017 the price rises high in the mid year.
hero member
Activity: 630
Merit: 500
January 27, 2018, 04:43:47 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?
There are a lot of fuds in this month of January that's why bitcoin and other cryptocurrency coins are finding it hard to regain its form. There goes JP Morgan, bitcoinnect fud, CME contract. THERE WERE A LOT. But I am holding on to what I'm believing. Bitcoin will rise up again after the CME contract. And now that January 26 has ended, CME contract expired. So I bet it will go up starting from today.

all alts are on green mode now maybe your speculation are right but let see on how this current thing end up since eventhough CME contract ends we cannot easily say that the price would grow up since their's still a fear of market correction scattering and sticking to the minds of the people who mostly hold some crypto's. And let's hope for the best since I surely believe that Bitcoin will rise and all holders will earn with this.
hero member
Activity: 910
Merit: 501
January 27, 2018, 04:38:12 AM
I don't think that predictions can be always wrong.
There are only three directions of movement: up, down and sideways.
If you bet on one of them you have based on probability calculation a 33% chance of being right. Nobody is that unlucky to always make the wrong choice.
Of course, when you have a specific value for the price of bitcoin in mind, then it's different.
full member
Activity: 168
Merit: 101
January 27, 2018, 02:43:44 AM
Yes !you are right. Bitcion for now is  unpredictable and volitil ,predicting bitcoin is a difficult task not just to one person but it's a general thing. Of course, as recent events have confirmed all too well, the past really isn’t a good indicator of the future. So how do we accurately predict where the markets are headed? The truth is, we can’t.
The future, like any complex problem, has far too many variables to be predicted. Quantitative models, historical models, even psychic models have all been tried — and have all failed. I think your prediction don't come to past is not an issue to one person  but such is common to many people..There are also people who has predicted the prices of bitcoin correctly but failed in certain time and so, no man is perfect in predicting the market. Remember the saying that “past performance is not an indicator of future success”.You can study more or learn the skill to get your sometime right..
sr. member
Activity: 1666
Merit: 276
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January 27, 2018, 01:50:03 AM
None makes accurate prediction on the price of bitcoin. Each and everything with bitcoin happens without any prior indication. When one has the mind to analyze and predict the price based on the market he can be successful in trading. Look at the present fluctuations, everything has happened on its own when none expected such a drop.
sr. member
Activity: 672
Merit: 251
January 26, 2018, 09:24:30 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?
There are a lot of fuds in this month of January that's why bitcoin and other cryptocurrency coins are finding it hard to regain its form. There goes JP Morgan, bitcoinnect fud, CME contract. THERE WERE A LOT. But I am holding on to what I'm believing. Bitcoin will rise up again after the CME contract. And now that January 26 has ended, CME contract expired. So I bet it will go up starting from today.
hero member
Activity: 840
Merit: 502
January 26, 2018, 09:15:05 PM
#99
Well, predicting bitcoin's value rise/fall of a short period of about one day is a pretty difficult task and I think you were just unlucky with this. You should try  predicting the value fall/rise for a longer period than that, of about 1 month or so to be more accurate. You can't actually know when people are going to invest/cash out their bitcoins, its just impossible. Also if you are getting worried that bitcoin will fall further, just don't because it will soon start to rise. We just need to give it some time after the huge fall it had in december.
Trying to predict what the price of bitcoin is going to do in the next minutes or hours is no different than to bet red or black in the roulette, you are not going to be able to predict it, now there are some talented traders out there that can do it but most cannot, this is why if you find yourself being unable to predict the price for the short term, it could be better to become a holder instead.
full member
Activity: 266
Merit: 114
January 26, 2018, 12:39:48 PM
#98
One of the reasons for the bitcoins price to drop is that a big investor sells all his or large amount of his investment resulting in a price drop. So you cannot find that person and even if you do you won't be able to persuade him not to sell his investments. There are many other reasons too for the drop. But this was just as an example.
So therefore, you cannot exactly predict what slope is going to come next when you're in the crytpo world.
legendary
Activity: 2170
Merit: 1427
January 26, 2018, 09:51:36 AM
#97
You're right about whales but i don't see any pump and dumps happening recently. There have been many fud in the news and social media about how many countries are banning or regulating exchanges.
Fud regarding the ban of exchanges by South Korea has been debunked, and was never really taken that serious by the market. It was a much needed correction that took the price down from the peak levels we reached last year. Sure, the fud might have triggered noobs and other gamblers to contribute as well, but there is no real damage. Current levels are exactly where we belong, and still 10x the price of last year at current day.

And then there's the high fees with slow transaction speed. We really.can't expect btc to breakout with these issues lingering
The 'high' fees have dropped significantly due to the bull run that lost momentum. Currently the average fee is $5, which isn't all that bad to be honest. If you don't have transactions that need to get quick confirmations, you can even just include $3 in fees. And how is the transaction speed slow? It's pretty much instant in most cases. There is a difference between confirmation speed and transaction speed. Smiley So, no there are nu further issues left, but even knowing that, without any bullish events to focus on, not much will happen.
newbie
Activity: 72
Merit: 0
January 26, 2018, 09:22:34 AM
#96
You're right about whales but i don't see any pump and dumps happening recently. There have been many fud in the news and social media about how many countries are banning or regulating exchanges. And then there's the high fees with slow transaction speed. We really.can't expect btc to breakout with these issues lingering

We have been seeing a lot of improvement since then with regards to the TX fees of bitcoin. Also, lightning network is now on "testing phase" so we will expect for these TX fees to go down as well.
hero member
Activity: 1246
Merit: 529
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January 25, 2018, 09:12:22 AM
#95
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 question is a bit naive (I beg your pardon, man). No one can make Bitcoin grow or vice versa, fall. Even financial genius cannot make correct prediction about the BTC value. Many really rich holders of this crypto can in a way affect its price, but not always.

Hoarding groups called whales can affect how the market goes by pumping and dumping. This had been happening in alts not sure though on BTC since there's a big amount of money involve because of the price.

You're right about whales but i don't see any pump and dumps happening recently. There have been many fud in the news and social media about how many countries are banning or regulating exchanges. And then there's the high fees with slow transaction speed. We really.can't expect btc to breakout with these issues lingering
full member
Activity: 504
Merit: 107
January 25, 2018, 09:05:57 AM
#94
Hoarding groups called whales can affect how the market goes by pumping and dumping. This had been happening in alts not sure though on BTC since there's a big amount of money involve because of the price.

The same thing goes to btc as well, couple days ago the price's pumping quite high for a short-time and suddenly drop red in just a few hours. The whale's real for sure, but we don't know whether they intend to "maintain" the market price or not. Safest way is not to buy while it's still low.
newbie
Activity: 72
Merit: 0
January 25, 2018, 08:01:01 AM
#93
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 question is a bit naive (I beg your pardon, man). No one can make Bitcoin grow or vice versa, fall. Even financial genius cannot make correct prediction about the BTC value. Many really rich holders of this crypto can in a way affect its price, but not always.

Hoarding groups called whales can affect how the market goes by pumping and dumping. This had been happening in alts not sure though on BTC since there's a big amount of money involve because of the price.
hero member
Activity: 1078
Merit: 501
January 24, 2018, 08:54:27 PM
#92
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?
Don't expect too much with bitcoin immediately. Bitcoin price is stable with $10k-$11k for weeks now so I am not expecting that bitcoin will go up to $20k. If you want a short term investment don't do it today. Maybe you can buy today but hold it for months to gain profit.
sr. member
Activity: 371
Merit: 250
January 24, 2018, 06:58:57 PM
#91
Don't try to predict the market. It's hard to guess.
I used to like to predict the rising trend of a token, but it turned out to be wrong every time. Finally, I came to the conclusion that long-term holding is the best way to make money. Grin Grin
Yes  no doubt abuot it that long term investment is the best way to make money. In fact through long term invest one can fell more confident to hold their investment for without any worry. In long term invest people even do not feel any panic and that is the reason that there remain as low chances of losing money. In long term invest people mostly do not care for the slight decreasing of the price but continue to hold their shares even in panic selling.
member
Activity: 420
Merit: 19
January 24, 2018, 06:24:48 PM
#90
Could you please wait? Haha don't panic dude,  it was just natural, we cannot predict something unpredictable. Before entering a certain thing especially something's related to money, we must be prepared to what might happen,  listen to those veteran or experienced users/investors and analyze everything they've said.

Well, as we kept saying here in forum especially those who are newbie and wanted to explore their-selves in trading that they don't need to be in a hurry doing this, knowledge would be one of the key factor that we need to have in our pocket every time we are doing trading, so no need to rush things, and if our prediction is always wrong, it is okay for as long as we kept going and will put a little effort more.

Yah, before pitching into trading, take time to study what its all about and how it works. Watch out at the growth trend of each coins before investing into it or advicing others investing into it. We have this forum to clarify anything on trading and get assistant technically and orally. Nothing is bad and good in prediction. Prediction is not being sure if something would happen. But let prediction alone do not lead you in your trading business. Study and be active watching dumps and pumps. This wil enrich your trading career.
full member
Activity: 462
Merit: 100
January 24, 2018, 03:30:32 PM
#89
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 question is a bit naive (I beg your pardon, man). No one can make Bitcoin grow or vice versa, fall. Even financial genius cannot make correct prediction about the BTC value. Many really rich holders of this crypto can in a way affect its price, but not always.
hero member
Activity: 2352
Merit: 905
Metawin.com - Truly the best casino ever
January 24, 2018, 01:30:59 PM
#88
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?
What are you looking for, profit from daily trading or from long holding? Bitcoin is very risky and you have to read and know every news around bitcoin quickly. Yes, just see how did coinmarketcup affected it, how did exchangers affect it for example by withdraw limiting for customers or registration closing. And never expect must to have profit from this coin, learn from mistakes and if you still can't get profit, just hang on this coin or crypto world.
copper member
Activity: 1050
Merit: 294
January 24, 2018, 11:44:08 AM
#87
You are not the only one who are unable to forecast, due to high uncertainty and manipulation in bitcoin market even the experts can't predict accurately about the price changes, wait till the bitcoin market get back on the track.
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