Topic: Why is it when the year will be over there are always talk about the price - page 2. (Read 359 times)
August 27, 2020, 01:03:08 AM
It's for hype, it's for sharing their analysis, it's for baiting FOMO, etc. There are various reasons and well, by creating predictions by the end of the year, they can easily create comparison from what the price was when it started this year, which makes a lot of arguments a lot more seemingly constructive, due to the comparison variable. Plus, this provides an analysis of the developments that happened over the past year, bringing in more constructive (possibly) arguments to the discussion. Besides, there's no rule saying that you can't do any predictions so, just let them be imo. We all have our own predictions at various periods, and whether we share them or not, they'd still be predictions in the end so it doesn't really matter whether you care about it or not.
August 24, 2020, 02:35:35 PM
I would assume that by the time the price goes up in late stage at the end of the year most of the time because there are so many nations in the world that gets salary yearly so people do not invest that much early in the year since they don't know what is going to happen during the year (just look at this year) and that is why they spend or put it aside but not really invest with it, but by the time November or December comes they know how much they have and how much of it they could use for investment, which makes the numbers go up a lot more in the late stages of the year. That is just my thought, there are so many sports people, financial people, Americans and so forth that calculate their income yearly, whereas my nation does it monthly, so maybe those yearly ones are because of yearly income.
August 24, 2020, 11:51:39 AM
I have seen a lot of threads created about predictions and hype about the price of Bitcoin before the end of the year, why people are doing this there seems to be so many hype and predictions, is this people or holders wants to sell their bags.
Do you have your own prediction?
Well, yearly increases are what matters in the financial world, they calculate it in two different ways, one of them is quarterly, which is every 3 months, and the other one is yearly one. The yearly one matters because you could basically make a ton of profit this month, but could lose them next month, which means monthly is not that important, just because you make 20% profit this month doesn't mean that you won't lose it next month, but when you talk about from start of 2020 to end of 2020 we can actually see what has happened.Do you have your own prediction?
This is the reason why I always say that do not look at huge increases in your quick trades, look at your yearly increase and if it is over 20% that means it is really cool because that is more than the inflation in almost any nation unless something major happened.
August 24, 2020, 09:42:46 AM
In any case, the cryptocurrency market does not depend on the season, and if you analyze the situation in the cryptocurrency market at the end of each year for several years in a row, the indicators will differ very much. But if we take into account the fact of halving in 2012 and 2016, then Bitcoin has always increased in price until the end of the year.
August 24, 2020, 09:18:45 AM
I have seen a lot of threads created about predictions and hype about the price of Bitcoin before the end of the year, why people are doing this there seems to be so many hype and predictions, is this people or holders wants to sell their bags.
Do you have your own prediction?
Do you have your own prediction?
Because people want to know on what will happen next year since its a fresh start of the year and many people want to see some things happen on crypto and I find this one as healthy question ask since we will have a good talks regarding on the state on next year, but don't listen easily since somehow there are guys out there predict to much and we should stick to the closest figures since we need to see the last price touched to see the provable digits for next year.
August 24, 2020, 08:38:43 AM
It may be an encouragement to other people in this industry. People are making assumptions in order to help themselves to be away from worries and frustrations. They might also created discussions regarding this matter to know how do other investors feel about the market price of not only Bitcoin but other currencies. Some people are trying to get an idea on what should be the next move regarding their investments. It is a matter of seeking empathy.
But the bottomline is clear. No matter how people make assumptions and speculations, the market is unpredictable in its nature and it is impossible to accurately guess what could happen anytime. There's no clear pattern of this market behavior. Pumps or dumps in thr market price could happen in a sudden.
But the bottomline is clear. No matter how people make assumptions and speculations, the market is unpredictable in its nature and it is impossible to accurately guess what could happen anytime. There's no clear pattern of this market behavior. Pumps or dumps in thr market price could happen in a sudden.
August 24, 2020, 07:03:49 AM
I have seen a lot of threads created about predictions and hype about the price of Bitcoin before the end of the year, why people are doing this there seems to be so many hype and predictions, is this people or holders wants to sell their bags.
I still remember during 2017, it's like every price that has been broken, you will see a lot of threads about it. Started when the price broken $5k and everyone gets excited. They are doing it probably because they want more people to see the growth and so FOMO sets n.
Do you have your own prediction?
Easy to make predictions, but the question is that it is back by TA or just another guess? I'm not good at TA, can understand some basics, so I have my own prediction.
August 24, 2020, 07:00:42 AM
They do it because that's what they think. Every individual is free to express their predictions about the market and that's been happening for a long time and this trend will keep going on even bitcoin reaches another all time high.
I have my own prediction and others have too. What's good about reading predictions is that you get to see different ideas and factors on how it's possible for bitcoin to reach those prices that they are explaining on their predictions, negative or positive price.
I have my own prediction and others have too. What's good about reading predictions is that you get to see different ideas and factors on how it's possible for bitcoin to reach those prices that they are explaining on their predictions, negative or positive price.
they just simply want to predict at the price. not many of them wants to sell, they just want to bet whats gonna be the price at the end of the year. it is like betting on who wins at the end of the match. the thrill and excitement that it brings to oneself is the same feeling like when you are gambling. and some of them want to say "i told you so". so everybody wants to talk the price just because they want it.
Investors and speculators are gamblers although the market is their playing field, they love to speculate to the point of shilling the coins they are holding, and the best time to do that is when the year is ending it's like people want to invest their bonus in Cryptocurrency that has a good potential for profit.
Not only at the end of the year. Everyone becomes active in speculation when the price is surging and it's the attractive force of bitcoin whenever it starts to go on high. But when it goes down, there are still predictions but they go with the sentiment of the trend. August 24, 2020, 03:39:49 AM
I have seen a lot of threads created about predictions and hype about the price of Bitcoin before the end of the year, why people are doing this there seems to be so many hype and predictions, is this people or holders wants to sell their bags.
Do you have your own prediction?
Do you have your own prediction?
It is normal to see many predictions about the price of bitcoin because I think that by having the predictions, we hope that the price will go to the predictions. But we don't need to listen to those predictions because we need to have our prediction, so we can know what we have to do.
I have my own predictions, but it is for myself only
I don't share it with other people because I am afraid that they don't analyze themselves, and they can blame me if my predictions do not happen. I always try to tell them to analyze by themselves so that they can get the real situations at the market, and that can be their time to act based on the current conditions at the market.
August 24, 2020, 01:18:21 AM
Investors and speculators are gamblers although the market is their playing field, they love to speculate to the point of shilling the coins they are holding, and the best time to do that is when the year is ending it's like people want to invest their bonus in Cryptocurrency that has a good potential for profit.
August 23, 2020, 07:14:44 PM
I have seen a lot of threads created about predictions and hype about the price of Bitcoin before the end of the year, why people are doing this there seems to be so many hype and predictions, is this people or holders wants to sell their bags.
Do you have your own prediction?
Do you have your own prediction?
Get used to it and you have to deal with it since we are on a market which is really an unpredictable one which its just normal for you to see lots of predictions and speculations that do floats around which isnt something shocking.
When it comes to price predictions in the end of the year then its just right to base of with the ending rather than people do speculate and do say on what would be the price in mid-year? Of course they would really
be pertaining inclusive on said year.
asking if their holders or active sellers? Its both but you wont totally able to point out which one is just shilling out or do create some fud.
August 23, 2020, 05:33:38 PM
You can see the mood change on the forums every time there's a significant move in price.
In a bear market people are giving up, leaving, taking on other hobbies and turning to other investments. In a bull market they go crazy speculating and dreaming about getting rich when the price reaches some crazy numbers. It's always the same.
When we approach the previous ATH people get excited because there's a chance to make a lot of money if we break that level. In the history of Bitcoin it has never broke the ATH and went back into the bear market. It always kept going.
In a bear market people are giving up, leaving, taking on other hobbies and turning to other investments. In a bull market they go crazy speculating and dreaming about getting rich when the price reaches some crazy numbers. It's always the same.
When we approach the previous ATH people get excited because there's a chance to make a lot of money if we break that level. In the history of Bitcoin it has never broke the ATH and went back into the bear market. It always kept going.
August 23, 2020, 05:29:23 PM
They do it because that's what they think. Every individual is free to express their predictions about the market and that's been happening for a long time and this trend will keep going on even bitcoin reaches another all time high.
I have my own prediction and others have too. What's good about reading predictions is that you get to see different ideas and factors on how it's possible for bitcoin to reach those prices that they are explaining on their predictions, negative or positive price.
I have my own prediction and others have too. What's good about reading predictions is that you get to see different ideas and factors on how it's possible for bitcoin to reach those prices that they are explaining on their predictions, negative or positive price.
they just simply want to predict at the price. not many of them wants to sell, they just want to bet whats gonna be the price at the end of the year. it is like betting on who wins at the end of the match. the thrill and excitement that it brings to oneself is the same feeling like when you are gambling. and some of them want to say "i told you so". so everybody wants to talk the price just because they want it.
August 23, 2020, 05:26:03 PM
Predictions, everybody can do that and give random numbers, to bring arguments is something else. The truth is most people in the Speculation board repeat what others say, what they found on Twitter and co. from so-called experts, and what they read on the news. And when not, they may be copy-pasting Telegram channel.
There are just a few members posting predictions based on TA or the actual economic situation and the market. A lot of others create a topic every $500 movement or think BTC is failing because it loses 50 bucks lol
There are just a few members posting predictions based on TA or the actual economic situation and the market. A lot of others create a topic every $500 movement or think BTC is failing because it loses 50 bucks lol
August 23, 2020, 05:17:38 PM
I have seen a lot of threads created about predictions and hype about the price of Bitcoin before the end of the year, why people are doing this there seems to be so many hype and predictions, is this people or holders wants to sell their bags.
That is normal, it's because we have this year to year calculations. This is where we calculate how much growth we have for a given year. So this 2020, we will look at the starting price and then the ending price, that's why there are more hype because obviously, we wanted to see how it growth based on percentage years to year (YOY).
Do you have your own prediction?
Of course, everyone can have their own prediction, as it is just a wild guesses.
August 23, 2020, 03:40:31 PM
I have seen a lot of threads created about predictions and hype about the price of Bitcoin before the end of the year, why people are doing this there seems to be so many hype and predictions, is this people or holders wants to sell their bags.
Its not all about bitcoin, every human has free will to talk anything when year is about to end, sample like predicting celebrity's life for next year, business man's business next year, even you if you somewhat care for yourself you have a little question for what you will become next year and etc.And the most common thing because of volatility increases when the years about to end, people lots of talks about it in the sense that they will ask you to share opinion/predictions as well.
August 23, 2020, 03:09:55 PM
They are probably newcomers in the market who asked questions first after buying Bitcoin or any crypto in general they think that long-term price projections is something that can be done accurately in the crypto market just like any traditional markets out there when in fact they are very inaccurate due to volatility and unpredictability of the market. Yeah sure there are people who called it out early that this will be the price on this time and they got it correctly but these people who predicted the price right never had a chance to do it again. If you want to have a more accurate prediction when it comes to price movement I think you should just look at short term charts not more than 3 months as anything longer than that will make your price prediction inaccurate.
August 23, 2020, 01:56:37 PM
This is a free market so everyone has the right to give their own prediction. Prediction Anyone can give as they wish even though some predictions are outside the circle. Which they promote only to create hype.
Here is the important. How are you monitoring the market? Those who saw the market at the end of 2017 may still remember what kind of hype was created in the market at that time. So it is not so important to see what an influencer is promoting or creating hype.
Here is the important. How are you monitoring the market? Those who saw the market at the end of 2017 may still remember what kind of hype was created in the market at that time. So it is not so important to see what an influencer is promoting or creating hype.
August 23, 2020, 01:50:18 PM
I have seen a lot of threads created about predictions and hype about the price of Bitcoin before the end of the year, why people are doing this there seems to be so many hype and predictions, is this people or holders wants to sell their bags.
People predict and talk of price at any given moment. New year is popular because when next year start is new tax season. In past also few times price increased a lot in November and December.
August 23, 2020, 01:46:13 PM
why people are doing this there seems to be so many hype and predictions,
Not really, only in certain years people talk and predict against crypto prices, like Bitcoin for example, the reason is because 'halved' coincides this year, 2020.What OP needs to know, crypto has prediction experts all the time and time, so that people discuss it every day and year, plus the 'halved' that happens.
The bottom line: everyone has their own way and mind to determine crypto price predictions, if that person is investing and trading crypto.
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