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Topic: PREDICTION IS SOMETIMES LIKE A FALSE PROMISE - page 9. (Read 20972 times)

full member
Activity: 650
Merit: 100
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Last year saw many people predict BTC year-end prices, but nothing was validated with time. it is very difficult for BTC to reach predictable prices. Future price predictions fail to consider many factors and problems that may occur over time. Maybe, we can only estimate the value of assets for the next few days like weather experts.
If we say predictions it is somewhat like it is going to happen or might not happen in the future that is why we have to believe on our own instincts.We need to not to believe on some predictions and must be vigilant on the current movement of the market inorder to have reference on the decisions that were going to make to avoid regrets.
full member
Activity: 686
Merit: 104
because it's difficult to predict, so it's better to start investing just don't talk about price predictions. because what can make the price of bitcoin go up is the increasing value of investment in bitcoin.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
Last year saw many people predict BTC year-end prices, but nothing was validated with time. it is very difficult for BTC to reach predictable prices. Future price predictions fail to consider many factors and problems that may occur over time. Maybe, we can only estimate the value of assets for the next few days like weather experts.
You are not going to find any market in which the majority can predict what the price will do, that is just a dream, but lets suppose for a second that was possible, then it will be impossible to make money in such a market since it will be so predictable that everyone will know in advance what will happen, so while the unpredictability and the volatility of bitcoin have a bad reputation, without them it will be impossible to have a healthy market.
sr. member
Activity: 1274
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
Last year saw many people predict BTC year-end prices, but nothing was validated with time. it is very difficult for BTC to reach predictable prices. Future price predictions fail to consider many factors and problems that may occur over time. Maybe, we can only estimate the value of assets for the next few days like weather experts.

anyone can predict the price, any prediction with the price is just an assumption meaning there was no basis and assurance that it will happen,estimating the price over a short period of  has a huge possibility to happen because of basing to the current market price.
Wrong predictions can give us wrong profit as you said we all are here and we can judge that what is right and what is wrong. It is much better to make your own observation and not to listen those who just want to mislead you as they do this to fall the market price and then they but again so many coins at very affordable price.

   I agree with you Muzika, any prediction is just an assumption. Each of us have a chance to try to predict the price in the future of anything, chances to be right
depends from many factors, but miracles happen, and many times we saw how little ones are rising and big ones are falling, fast and slow.
   What I wish to say we choose to read positive or negative predictions, to believe more in one or another depending from arguments, and to create our own predictions.
I know that people are trying to be traders and all that, but I believe that this technology is more than speculations, that needs to result in price rise.
hero member
Activity: 1092
Merit: 501
Last year saw many people predict BTC year-end prices, but nothing was validated with time. it is very difficult for BTC to reach predictable prices. Future price predictions fail to consider many factors and problems that may occur over time. Maybe, we can only estimate the value of assets for the next few days like weather experts.

anyone can predict the price, any prediction with the price is just an assumption meaning there was no basis and assurance that it will happen,estimating the price over a short period of  has a huge possibility to happen because of basing to the current market price.
Wrong predictions can give us wrong profit as you said we all are here and we can judge that what is right and what is wrong. It is much better to make your own observation and not to listen those who just want to mislead you as they do this to fall the market price and then they but again so many coins at very affordable price.
hero member
Activity: 1078
Merit: 501
Not sometimes, most of the time those who are giving predictions only wants to make an exit so after they've gave their assessment they eventually the first one who will sell it out after the fomo's and make a good value of their holdings.

Agree with you mate that people use to say that price is bad and market is bad just to make wrong any false promises so that prior get discourage and sell so they buy again at that panic. It is good not to listen the predictions of other people and just trust on the price that is running in the market. Because there are allot of whales who tells wrong prediction to spoil the market.
hero member
Activity: 1134
Merit: 500
Last year saw many people predict BTC year-end prices, but nothing was validated with time. it is very difficult for BTC to reach predictable prices. Future price predictions fail to consider many factors and problems that may occur over time. Maybe, we can only estimate the value of assets for the next few days like weather experts.
Predictions are made by the behaviour registered in the past, since predictions are made public it doesnt mean that there wont be any manipulation on the market, so it happens that prediction doesnt comme true in a surten amount of time.
legendary
Activity: 2674
Merit: 1048
Anyone who predicts cryptocurrency prices will see the previous data first, especially an expert.

Most of them believe that history will repeat itself, especially in a market, but keep in mind that every price change is not limited to a prediction or just caused by every trader, but there are many factor that can change price drastically like the various parties review the function/use of cryptocurrency which is they can change their views on previous decision, this problem which caused to the price cryptocurrency fell at 2018.

And maybe there are still many other problems that cannot be predicted with certainty. In other side, cryptocurrency investors still only rely on their appetite to choose investment without looking for detailed information in advance about cryptocurrency, so as when the decline comes they do not have a solid foundation to hold out.
full member
Activity: 686
Merit: 108
Not sometimes, most of the time those who are giving predictions only wants to make an exit so after they've gave their assessment they eventually the first one who will sell it out after the fomo's and make a good value of their holdings.
Yep, they create hype so they can take profit this is normal now since the market is pumping and dumping. I don’t get the point why some people are trusting someone’s prediction and feel bad if that predictions turns into negative. Why not make your own analysis? A more reliable one that is a result of pure hard-work, and skills. This can help you not to depend on someone, and start learning it on your own.
hero member
Activity: 1470
Merit: 509
Last year saw many people predict BTC year-end prices, but nothing was validated with time. it is very difficult for BTC to reach predictable prices. Future price predictions fail to consider many factors and problems that may occur over time. Maybe, we can only estimate the value of assets for the next few days like weather experts.
No prediction can not be 100% right. Therefore based on any innovation this is just the possibility of the price being closer to any side. Compared to other assets, the trading of digital currencies seems to be a little more failure to comply with the law. On the other hand, if it obeys the law, we will see volatile movements in our dream.  Undecided
full member
Activity: 546
Merit: 101
★Bitvest.io★ Play Plinko or Invest!
well., therefore, we certainly do not only depend on predictions of many people or some prediction experts, it is good if we prepare all the things that can cover whatever is happening with some efforts to covering up any conditions that make us lose or not as planned.
jr. member
Activity: 462
Merit: 2
In this world no one has predicted anything to be true 100%,
Prediction, like a dream or a dream or more precisely playing a bet, sometimes almost on target can sometimes slip as far as possible so that the conclusion conclusions cannot be taken 100% truth,
hah, no one knows what happened for the future only God knows what happened next, this is the same as Bitcoin.
member
Activity: 532
Merit: 10
Last year saw many people predict BTC year-end prices, but nothing was validated with time. it is very difficult for BTC to reach predictable prices. Future price predictions fail to consider many factors and problems that may occur over time. Maybe, we can only estimate the value of assets for the next few days like weather experts.
yes, you can't even predict a near future. the future is something very difficult to predict and we should not try our luck. We should look at the value and strategy of altcoins to evaluate whether it will pump in the future. I think that's the important part that we need to talk about rather than predicting without analysis.
full member
Activity: 588
Merit: 101
bitcoin is difficult to predict and many people have predicted the price of bitcoin in 2019, but for me just to keep thinking positively and hope for the best for bitcoin
full member
Activity: 926
Merit: 100
yes, that is why many traders try to apply their knowledge to be able to provide predictions for the cryptocurrency coin price movements, but they are sometimes incorrect and coin price movements cannot be predicted all depending on the demand in the exchange.
hero member
Activity: 1666
Merit: 502
Last year saw many people predict BTC year-end prices, but nothing was validated with time. it is very difficult for BTC to reach predictable prices. Future price predictions fail to consider many factors and problems that may occur over time. Maybe, we can only estimate the value of assets for the next few days like weather experts.
Predictions are not always right, moreover the person who makes the prediction is new and doesn't know much about it, which are most likely is wrong. even weather experts' estimates can also be wrong, I think you should be able to get used to crypto fluctuations because like weather estimates with the help of tools and algorithms, the result can be wrong.
legendary
Activity: 3080
Merit: 1353
Last year saw many people predict BTC year-end prices, but nothing was validated with time. it is very difficult for BTC to reach predictable prices. Future price predictions fail to consider many factors and problems that may occur over time. Maybe, we can only estimate the value of assets for the next few days like weather experts.

I'm glad that you really learn one of the most valuable lesson in crypto. For majority, specially newbies, they really thought that the price would go on parabolic rise, but it's not always the case and will not happen. The market works on a cycle, just like a weather so there's no exact science for predicting the price specially that everything is based on pure speculation and crypto is also a volatile asset as well. Sometimes others predicted the price accurately, but it doesn't mean that they will hit their prediction all the time. And please don't believed in this so called "experts", they are just like you and me, speculators in this market.
copper member
Activity: 294
Merit: 1
I have come to realize in this Cryptocurrency market that there's no one that can accurately predict the market price movement of Cryptocurrency.
This could be attributed to the high volatile nature of Cryptocurrency.
But there are some analysts who are good in getting close to correct price prediction but not 100% good.
hero member
Activity: 1148
Merit: 528
Last year saw many people predict BTC year-end prices, but nothing was validated with time. it is very difficult for BTC to reach predictable prices. Future price predictions fail to consider many factors and problems that may occur over time.
You are right, a prediction may work and may not. We cannot do anything about that. For example, you follow some expert and he is giving some predictions and in market it is happening then are you going to reward him ? I am sure that is not a practice at all. Something will apply when their predictions fail. We cannot blame them. Because, we only need to take care of our hard earned money. We should not blindly believe someone else for making important financial decisions.

Maybe, we can only estimate the value of assets for the next few days like weather experts.
We can have other's predictions for the reason of having some overall idea. We need to do our own due diligence. So that, we may get accurate picture of market movements. If we just follow someone else then that will lead to unwanted results most of the times and may give profits some times. Doesn't this sound like gambling ?
sr. member
Activity: 980
Merit: 261
Last year saw many people predict BTC year-end prices, but nothing was validated with time. it is very difficult for BTC to reach predictable prices. Future price predictions fail to consider many factors and problems that may occur over time. Maybe, we can only estimate the value of assets for the next few days like weather experts.

anyone can predict the price, any prediction with the price is just an assumption meaning there was no basis and assurance that it will happen,estimating the price over a short period of  has a huge possibility to happen because of basing to the current market price.
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