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Topic: The art of price predictions - page 2. (Read 220 times)

newbie
Activity: 50
Merit: 0
April 23, 2018, 07:38:43 AM
#12
Ok, many have become self-claimed crypto gurus and tried to make predictions. It is a volatile market and whoever says it can predict it, has no idea what is he saying.
As some have already stated above, have a worst-case scenario plan. AKA don't invest money you are not willing to lose. And if you watch football, you might be a winner too, because you can gen crypto without investing anything. FootballCoin gives you the change to be an online manager.
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
April 23, 2018, 07:31:32 AM
#11
When it comes to price forecasts, we see a lot of different opinions: who says bitcoin will go down to $ 900, who says it will go up to $ 100,000. In this branch, not only do I want to know by what signals and technical analysis you determine how much and when btc and other altcoins will cost?

There are a lot of factors which determines altcoin prices with the first and foremost being Bitcoin price. It is fair enough to say that altcoin markets follow Bitcoin pairs and this is pretty much evident from data. Next comes developmental things like progress through the roadmap, new additions and implementations which usually push prices up.
Then again, it all depends on if the markets being controlled by whales who are manipulating prices and predicting accurate prices becomes a hard task.
Can you tell me all of those factors to determine the price of altcoin because i only know that in fact, it's unpredictable? When it comes to the low tier altcoins and then people can easily to pump it as they want.
The progress of development doesn't mean a lot right now. The only important thing is about the major trend of the crypto that affects everything in the crypto.
sr. member
Activity: 714
Merit: 257
April 23, 2018, 07:29:11 AM
#10
When it comes to price forecasts, we see a lot of different opinions: who says bitcoin will go down to $ 900, who says it will go up to $ 100,000. In this branch, not only do I want to know by what signals and technical analysis you determine how much and when btc and other altcoins will cost?

I dont use technical analysis at all. I was always for the fundamental analysis. I find a good project and then wait for the market to achieve the right price. Technical analysis is good but not for me and not for such influential markets, which can be rocked by a media headline
hero member
Activity: 2338
Merit: 953
Temporary forum vacation
April 23, 2018, 07:23:44 AM
#9
Let me tell you a secret. The art of price predictions is language and communications. Now take a look at the past big headlines about price predictions, both bull and bears.

Notice how very few of them use technical analysis. And even if they do, it is only circumstance with not much evidence other than the charts they want you to see.

McAfee made his prediction first, then others made charts for his model. So do not be fooled. Every prediction is a guess. Nothing more.
jr. member
Activity: 193
Merit: 2
Team Saturn
April 23, 2018, 07:19:31 AM
#8
If you like price prediction and trading anaylsis

come check out our future plans: https://rados.io/monetize-your-trading-skills/
newbie
Activity: 123
Merit: 0
April 23, 2018, 07:14:36 AM
#7
No one can exactly predict on what bitcoin price future, mostly people predict that bitcoin price grow up and hits to the higher level, but until now there's no happen at all, but I'm still waiting that those good predictions of people that price grows up to the top will truly happens.
member
Activity: 280
Merit: 10
April 23, 2018, 07:10:59 AM
#6
I dont believe in price forecasts thats spamming the internet. Bitcoin going down $900 or going up to $100,000 is a total nonsense. It would be better to follow your instinct as you check out the price trend for the past months or weeks.
sr. member
Activity: 602
Merit: 252
April 23, 2018, 06:59:35 AM
#5
When it comes to price forecasts, we see a lot of different opinions: who says bitcoin will go down to $ 900, who says it will go up to $ 100,000. In this branch, not only do I want to know by what signals and technical analysis you determine how much and when btc and other altcoins will cost?

There are a lot of factors which determines altcoin prices with the first and foremost being Bitcoin price. It is fair enough to say that altcoin markets follow Bitcoin pairs and this is pretty much evident from data. Next comes developmental things like progress through the roadmap, new additions and implementations which usually push prices up.
Then again, it all depends on if the markets being controlled by whales who are manipulating prices and predicting accurate prices becomes a hard task.
member
Activity: 252
Merit: 10
April 23, 2018, 06:52:43 AM
#4
As for the technical analysis - it should not be trusted in the crypto currency market. More important here is the fundamental analysis.
hero member
Activity: 1470
Merit: 655
April 23, 2018, 06:43:11 AM
#3
who says bitcoin will go down to $ 900, who says it will go up to $ 100,000.
a lot of people are saying random shit on the internet but they are not "predicting" anything they are bullshiting some guess in both cases actually.

there is no reason for bitcoin to go that low ever and there is no reason for it to rise that big now. there is a solid rise going on and we are headed to much higher prices, that is all you can say.

Quote
In this branch, not only do I want to know by what signals and technical analysis you determine how much and when btc and other altcoins will cost?
well TA doesn't work at all when it comes to altcoins. you can try using it and get lucky to get a couple of speculations right but generally it doesn't work for them at all.
sr. member
Activity: 560
Merit: 273
April 23, 2018, 05:51:00 AM
#2
When it comes to price forecasts, we see a lot of different opinions: who says bitcoin will go down to $ 900, who says it will go up to $ 100,000. In this branch, not only do I want to know by what signals and technical analysis you determine how much and when btc and other altcoins will cost?

When it comes to investing in Bitcoin, or any other cryptocurrency, it is imperative to have a backup plan. Most notably, a worst-case scenario.
That's the only advice I can give you, I guess... Try to make choices that you can live with.  Wink
newbie
Activity: 75
Merit: 0
April 23, 2018, 05:28:12 AM
#1
When it comes to price forecasts, we see a lot of different opinions: who says bitcoin will go down to $ 900, who says it will go up to $ 100,000. In this branch, not only do I want to know by what signals and technical analysis you determine how much and when btc and other altcoins will cost?
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