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Topic: Predictiing Cryptocurrency price.. Is it possible? - page 6. (Read 4169 times)

full member
Activity: 1260
Merit: 102
Predicting the price of cryptocurrency is not possible. There are alot of factors that can affect it and because of the diversity of it, it can't be controlled and for that matter can't be predicted, which is actually a good thing.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
Of course , it is very difficult to guess exactly where the price will go, and not always technical analysis can predict the direction , but of course if you know all the indicators, you can approximately sign when to enter the coin and exit

Technical analysis can never predict the direction. If that was possible everybody would just use technical analysis and get rich. It doesn't work.
Which is right, but there's a good influence with knowledge about technical analysis, it can also give you some hint where to follow coins that can bring you good results, it won't be there if it's not useful, learning to read the pattern can give you some good basis when to place your entry, planning and making good analysis for much better trade.
legendary
Activity: 2058
Merit: 1166
Of course , it is very difficult to guess exactly where the price will go, and not always technical analysis can predict the direction , but of course if you know all the indicators, you can approximately sign when to enter the coin and exit

Technical analysis can never predict the direction. If that was possible everybody would just use technical analysis and get rich. It doesn't work.
jr. member
Activity: 350
Merit: 1
Of course , it is very difficult to guess exactly where the price will go, and not always technical analysis can predict the direction , but of course if you know all the indicators, you can approximately sign when to enter the coin and exit
full member
Activity: 1316
Merit: 105
maybe with some luck you can predict the right price of the cryptocurrency but it will be only once but not the trend.
legendary
Activity: 2058
Merit: 1166
In the long run, some predictions may still be more accurate, however, it is obvious that the cryptocurrency is growing and will continue to grow, but no one has yet accurately predicted when the strongest growth will begin. As for the short-term perspective, it is extremely difficult.


That's the good thing about predictions: some of them will always be right. That's also called guessing, you pretend to make a prediction although you just guess, and if it becomes true you are the oracle.
sr. member
Activity: 1512
Merit: 292
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In the long run, some predictions may still be more accurate, however, it is obvious that the cryptocurrency is growing and will continue to grow, but no one has yet accurately predicted when the strongest growth will begin. As for the short-term perspective, it is extremely difficult.
sr. member
Activity: 798
Merit: 250
Market conditions are very volatile for the price. And the changes are many factors that influence. And I trade every day so that changes occur quickly. I can use it to make a profit. The advantage that I get is certainly not large and only a little. However, I try to make a profit every day.
legendary
Activity: 2058
Merit: 1166
I think it is almost impossible. The cryptocurrency market is extremely volatile: jumps in digital money courses sometimes defy logic, and the situation can completely change in a few hours. The crypto market is volatile and sometimes lives by its own rules, so even the most experienced traders and successful analysts are easily mistaken in their forecasts.

Show me one market that you would describe as logic. For as long as markets involve human psychology they will forever be far away from perfectly logic.
full member
Activity: 616
Merit: 102
I think it is almost impossible. The cryptocurrency market is extremely volatile: jumps in digital money courses sometimes defy logic, and the situation can completely change in a few hours. The crypto market is volatile and sometimes lives by its own rules, so even the most experienced traders and successful analysts are easily mistaken in their forecasts.
hero member
Activity: 1358
Merit: 509
many experts try to predict, practically all unanimously write - that cost crypto and Bitcoin in particular will be very big, they think that it is possible, later some time, can even years.
We have witnessed how true the experts said last year. It is hard to do long-term analysis on such a newly created market. Therefore, give priority to short-term trade. The price will definitely be better, but I am undecided about time.
copper member
Activity: 349
Merit: 0
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It's never possible to predict the price of cryptocurrency even the ones predicted that came true is only a mere coincidence
legendary
Activity: 2058
Merit: 1166
many experts try to predict, practically all unanimously write - that cost crypto and Bitcoin in particular will be very big, they think that it is possible, later some time, can even years.
we can predict cryptocurrency but it won't always be right because only action can change crypto.
for example if large investors invest heavily in crypto then the price will rise and vice versa.

Yes but large investors have other things to do than bringing your bag to the moon. They enter slowly and quietly as they don't even want to move the market while they accumulate.
full member
Activity: 686
Merit: 100
many experts try to predict, practically all unanimously write - that cost crypto and Bitcoin in particular will be very big, they think that it is possible, later some time, can even years.
we can predict cryptocurrency but it won't always be right because only action can change crypto.
for example if large investors invest heavily in crypto then the price will rise and vice versa.
jr. member
Activity: 392
Merit: 2
I think that predicting cryptocurrency prices in conditions of very high market volatility is very difficult.
You can guess at which coins prices will rise and which ones will disappear, but it is impossible to do this very precisely.
This is the skill of professionals, to know until what point to keep the coins, and when to sell everything.
full member
Activity: 479
Merit: 100
Enter the future of gaming
many experts try to predict, practically all unanimously write - that cost crypto and Bitcoin in particular will be very big, they think that it is possible, later some time, can even years.
full member
Activity: 406
Merit: 100
As you know, the cryptocurrency market can see huge changes in a matter of few minutes, making it very unpredictable. However, there are some fundamental factors which can influence the prices of any cryptocurrency. Prediction of Cryptocurrency future price are base on two factors 1) Historical price trends 
(2) Historical volume trends. So,  there can not be a single and concrete prediction of any Cryptocurrency because of the very nature of cryptocurrency.

What is your view about Cryptocurrency price?
In recent years, I have read a lot of predictions about the future of cryptocurrencies, almost all of them are wrong or just crazy, at some point I just stopped reading, with or without analysis, in cryptocurrency forecasts almost do not work
sr. member
Activity: 854
Merit: 251
You need to know that basically prediction is a guess. So you can predict about anything you want..
You can predict Cryptocurrency price based on data, conditions,  etc. Personally, it will be legitimate because basically prediction is just a guess
it is a risk in investing with crypto currencies and indeed predictions cannot be ascertained and the confidence and patience needed and investors must be able to take advantage of every opportunity in their investors
member
Activity: 476
Merit: 10
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
To get better prediction,  we have to use technical and also fundamental analysis.  In this bearish trend,  there are some cryro that already going up more than that 100% from the bottomed because that coin has better fundamental.  We have seen crypto that already going up more than 100% is WAVES,  BNB, TRX,  LTC,  THETA. All these coin has better fundamental than others, that why the price been going up.
copper member
Activity: 112
Merit: 0
As you know, the cryptocurrency market can see huge changes in a matter of few minutes, making it very unpredictable. However, there are some fundamental factors which can influence the prices of any cryptocurrency. Prediction of Cryptocurrency future price are base on two factors 1) Historical price trends 
(2) Historical volume trends. So,  there can not be a single and concrete prediction of any Cryptocurrency because of the very nature of cryptocurrency.

What is your view about Cryptocurrency price?

I think in a short term process we can really predict the market price of a particular crypto coin, what we need first is to study and be aware of the market. And also I would like to recommend doing trading because you can learn the basics of predicting there.
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