Bitcoin Forum

Economy => Speculation => Topic started by: Richycryp on December 27, 2021, 05:20:10 AM



Title: Can you really predict Bitcoin at this time
Post by: Richycryp on December 27, 2021, 05:20:10 AM
I have listened and review to many market prediction, they are not correct.people are just saying there opinions at this time of the year about Bitcoin. Some will say it will come up another will say it not. So many discussion.
Who can decide the next phase of Bitcoin at this time.


Title: Re: Can you really predict Bitcoin at this time
Post by: titular on December 27, 2021, 05:24:52 AM
To answer the question in the subject, no, there isn't anyone that can accurately predict bitcoin. There will always be people who predict bitcoin will crash down to 1k. Just like there will always be people predicting bitcoin will explode to $1M per coin. (Even higher in some cases.) Needless to say, though, all these predictions are just that, predictions.

No one has a crystal ball that will tell them where the price is headed. All you can do is predict.


Title: Re: Can you really predict Bitcoin at this time
Post by: Beparanf on December 27, 2021, 05:26:57 AM
I have listened and review to many market prediction, they are not correct.people are just saying there opinions at this time of the year about Bitcoin. Some will say it will come up another will say it not. So many discussion.
Who can decide the next phase of Bitcoin at this time.

Anyone can predict a price but having an accurate prediction is very impossible since there's always 2 scenario that will happened along the trend confirmation. It's either a breakout or rejection for the trend. The only people who can decide the fate of Bitcoin are those who holds a significant amount of Bitcoin like Microstrategy and other institutional investors since they can break any TA once they make a move on there holdings.


Title: Re: Can you really predict Bitcoin at this time
Post by: Vaskiy on December 27, 2021, 05:30:26 AM
Even Satoshi Nakamoto who is the innovator of the technology couldn't predict the price of bitcoin. It all happens of its own, there'll be manipulation. The same manipulation could drive the market in some direction, but there won't be someone who could precisely give answer on the price.

Apart from this influencers with huge volume of holdings have the ability to change the market movements which also drives the market to some extent beyond which the market operates of its own.

There are signal providers who give suggestions, sometimes it coincides and sometimes it won't. The credits will be taken by the signal providers and the wrong predictions will be thrown over the market.


Title: Re: Can you really predict Bitcoin at this time
Post by: cabron on December 27, 2021, 05:33:51 AM

They don't wanna end up getting booed to eat dick first. So they open thier predictions up to where the expectation of traders who wants to price to be, so if the market goes bear, they'd predict a mild price that won't really make a bull person mad that will accuse the analyst as fud spreader. But they will always say that the market is already in the bubble especially if they show you the chart of the long term holders.


Title: Re: Can you really predict Bitcoin at this time
Post by: pooya87 on December 27, 2021, 07:04:42 AM
I have listened and review to many market prediction, they are not correct.
Almost all you see on the internet regarding "predicting" bitcoin specially on platforms such as Youtube is pure nonsense from those who have no understanding of bitcoin and its market. It is obvious that they are always completely wrong.
But when it comes to speculating the market, it is hard but not impossible. Don't expect a future prediction since nobody has a magic ball but the market can be analyzed and some possible scenarios to be speculated to have the better chance of coming to pass.


Title: Re: Can you really predict Bitcoin at this time
Post by: mardaed on December 27, 2021, 07:09:15 AM
I have listened and review to many market prediction, they are not correct.people are just saying there opinions at this time of the year about Bitcoin. Some will say it will come up another will say it not. So many discussion.
Who can decide the next phase of Bitcoin at this time.

Of course not, no one can decide the next phase of Bitcoin since it depends on the whole community and not just by whales or group of whales. No one can really predict what will be the price of the Bitcoin and any other coin or stocks since we are only relying on technical analysis and of course when we are doing technical analysis it is not sure whether it will happen or not.


Title: Re: Can you really predict Bitcoin at this time
Post by: aoluain on December 27, 2021, 07:17:57 AM
You also have to differentiate between SHORT TERM and LONG TERM prediction.

SHORT TERM is essentially going to be a bumpy ride but ATM nobody can tell where
those bumps are.
LONG TERM everyone is pretty much on the same page, the one which tells us Bitcoin's
price will increase.

For your own peace of mind its best to focus on the long term and zoom out
of the daily, weekly and monthly charts.


Title: Re: Can you really predict Bitcoin at this time
Post by: Akash1243 on December 27, 2021, 07:38:57 AM
No one can accurately predict bitcoin's price or what phase bitcoin will enter next year. Whenever people predict bitcoin's price it's just their opinion as you have said, to believe it or not is upto you.
Bitcoin's value atleast short term value is very depended upon ongoing hype and news so do your own research before investing.


Title: Re: Can you really predict Bitcoin at this time
Post by: touseefahmad1999 on December 27, 2021, 08:55:42 AM
it,s very difficult to predict the accurate price but good analysis has share own opinion about they thinking about next move of bitcoin but no one must accurate because market too much volatile no one can what will be the next move of bitcoin . but long term and short terms coins move according to right time so you can take profit according to long and short term period


Title: Re: Can you really predict Bitcoin at this time
Post by: Charles-Tim on December 27, 2021, 09:01:43 AM
I have listened and review to many market prediction, they are not correct.people are just saying there opinions at this time of the year about Bitcoin. Some will say it will come up another will say it not. So many discussion.
I remembered the last I read which was on Cointelegraph. That if the price of bitcoin could hit $50500, that it is very possible there would be the start of another bull run.

Some analysts will give more complicated conditions as well. But, if you are not new to this, it has been the way people are predicting price. But it is you that will have it in your mind that anyone predicting bitcoin price could be wrong. Only what I noticed was that bitcoin is getting support at $50000 and not moving below or beyond for now.

If you are not using your money for anything else, you do not have to bother about the price of bitcoin, just hold, or hold some and if the price decrease, buy more bitcoin. What is certain is that the price will increase after bear market (if massive bear market eventually occurred), bitcoin price will still reach all-time-high while holders will gain.


Title: Re: Can you really predict Bitcoin at this time
Post by: virasog on December 27, 2021, 09:04:04 AM
I have listened and review to many market prediction, they are not correct.people are just saying there opinions at this time of the year about Bitcoin. Some will say it will come up another will say it not. So many discussion.
Who can decide the next phase of Bitcoin at this time.

No one can tell you where will bitcoin move from here or in the next few days. Trading and bitcoin Analysts are not meant to determine this as no one knows the future.
The best you can do is to know the support and resistance level and see how price behaves on the key level. When you got the confirmation at key levels, then you can take long or short entry in the market.


Title: Re: Can you really predict Bitcoin at this time
Post by: crwth on December 27, 2021, 09:10:48 AM
I like the idea from both sides whether the price can go up or not, it's still going to be an all-out war to which side will win. The most crucial aspect of prediction is that it will never be correct unless the price shows it. Anything can happen, whether it's in the long-term or short-term. But mostly, the winners would be in the long-term because it has gone up ever since the creation of BTC.

This is always going to be a gamble, and the critical part is the part where you know the risk you are taking towards the speculation you have.


Title: Re: Can you really predict Bitcoin at this time
Post by: Digitalbitcoin on December 27, 2021, 09:32:55 AM
To date, since Bitcoins were introduced to the globe, it has already proved its own existence. So future exchange value of Bitcoin against fiat will be definitely much higher than the current price.

Basically many factors affect the price of Bitcoin in the global crypto market. But major factors are its own supply and demand. Already Bitcoin has a 954.49B+ and it is increased exponentially since from last few years. Considering this growth in the price including its userbase is increasing timely.

Nowadays many new users are also getting involved lately in the crypto world. This will definitely sky rocket Bitcoin's price in the coming future.


Title: Re: Can you really predict Bitcoin at this time
Post by: Reid on December 27, 2021, 10:45:54 AM
There is no one who can see the future of it. All are just speculations and predictions and it's good that it can stay that way. IMO, all I can use is my experience about it that no matter what happens it will go up as long as you just keep your Bitcoin. Who knows if in the next 5 years we will see the 6 digits that had been speculated in social media this year.
It may not be now or the next year but I am sure in my own belief that it will. The only plan I have is hoard as much as I can while it's cheap then keep it.


Title: Re: Can you really predict Bitcoin at this time
Post by: Wexnident on December 27, 2021, 11:13:46 AM
I mean prediction, in a broad sense, is an opinion and not really a fact. No single entity can really decide on what the market would go to since it's a collective movement of a LOT of people that makes the market move, and they are most likely not exactly moving together, but rather most of the time against the other. After all, trading is a zero sum game. Most speculations and predictions are simply gambles, just that it's backed up by info so that people could have more confidence in their predictions. It's still a 50/50 regardless, but at the very least, they themselves would believe it's more likely to happen because of the info they have.


Title: Re: Can you really predict Bitcoin at this time
Post by: davis196 on December 27, 2021, 12:22:02 PM
I have listened and review to many market prediction, they are not correct.people are just saying there opinions at this time of the year about Bitcoin. Some will say it will come up another will say it not. So many discussion.
Who can decide the next phase of Bitcoin at this time.

Every price analysis is just an opinion.The analysis might combine and calculate several different factors and some statistical data,but that doesn't guarantee anything.Analyzing a market isn't mathematics,so 2+2 isn't always 4 on the financial markets.
Nobody can analyze the market and create a 100% accurate price prediction,that will happen for sure.
People aren't always rational.Perhaps some genius mathematician could create a formula or a theory,which will explain and predict how the financial market works,but this will happen in the future.
The beauty of the financial markets(both crypto,stocks,bonds and FOREX) is that the prices are unpredictable.Having predictable prices will ruin those markets.




Title: Re: Can you really predict Bitcoin at this time
Post by: LogitechMouse on December 27, 2021, 01:06:15 PM
people are just saying there opinions at this time of the year about Bitcoin.
Well, whether they are analysts or experts in Technical analysis all of them are saying their opinions. Its just that there are some that have basis to their predictions but most of them are just sharing their opinions base on what they are feeling. All of us can share their predictions about Bitcoin.

Who can decide the next phase of Bitcoin at this time.
None.
If there is somebody who knows what can happen into the crypto market in the future then he must've be rich by now. I mean many can share their predictions but it isn't 100% accurate so what you can do as an investor is to just be ready into whatever will happen. You must've a plan if the market goes up and if the market goes down because nobody can predict the market.


Title: Re: Can you really predict Bitcoin at this time
Post by: Gozie51 on December 27, 2021, 01:11:18 PM
At no time can you predict accurately to the price of bitcoin. I understand what you mean however because this time has been the most unstable time that predictions are not working at all. This year is ending and no body knows how bitcoin price too will end and that is really confusing speculators and hodlers alike. This moment is an incredibly uncertain moment, price is trying to find space for a direction.


Title: Re: Can you really predict Bitcoin at this time
Post by: jostorres on December 27, 2021, 01:16:05 PM
I have listened and review to many market prediction, they are not correct.people are just saying there opinions at this time of the year about Bitcoin. Some will say it will come up another will say it not. So many discussion.
Don't be surprised when you come across any accurate prediction about bitcoin market because another prediction from same resource/person may go failed sooner or later as only God alone knows about the future and not any bot or analyst. We use only past data to predict the future but the impact of news and events are being ignored by us when speculating about the future trend which is the major problem here.

I am not an expert in speculating about the future of bitcoin market still I just like to make a speculation here based on my 4 year long close observation of bitcoin market: bitcoin will hit minimum $100k and maximum may be around $400k levels as 1 or 2 more countries might adopt bitcoin as legal investor which may bring new FOMO competition among institutions.


Title: Re: Can you really predict Bitcoin at this time
Post by: YOSHIE on December 27, 2021, 01:25:02 PM
This is speculation and the answer is super difficult to answer, I have explored google and this forum (the board), I have never found about 100% accurate Bitcoin price predictions from year to year.

There are many topics about Bitcoin predictions, but that's it, this year, this year, and so on.

Honestly, i read very often about Bitcoin changes every day, sometimes it makes me very bored for it, what i read none of them are correct in terms of predictions, that's the problem maybe for the OP the only path you need to take to invest and trade Bitcoin is: the predictions in your mind are at least 50% and 50% predictions from outside information, I think that's the right way.


Title: Re: Can you really predict Bitcoin at this time
Post by: leea-1334 on December 27, 2021, 01:58:04 PM
But why listen to market predictions? If you are just here to be entertained like me and most people,,, you know none of this predictions are acting as financial/investment advice.

Just enjoy the analysis and keep building up your Bitcoin balance. You will always win in this way.


Title: Re: Can you really predict Bitcoin at this time
Post by: Lucius on December 27, 2021, 03:30:25 PM
But why listen to market predictions?

Because beginners (and some more experienced ones) live in the belief that there are people who know the things they will benefit from, and we all know that social networks are full of experts who share free advice. The fact is that with a few exceptions, most mislead people with their speculations, so the OP is confused that a few months ago all these experts talked about the new ATH and $100k, and today there is none of that.

The philosophy that Bitcoin is a money factory is still selling well, and the sellers of that philosophy are actually making money. In the long run, it is very certain that in 3-5 years 1 Bitcoin will be worth at least x5 more than today - but that is just my opinion ;)


Title: Re: Can you really predict Bitcoin at this time
Post by: maydna on December 27, 2021, 04:36:38 PM
No one can predict bitcoin price accurately, even for the expert, because it is difficult to have the right calculation or analysis for bitcoin moving. We can only predict what will happen in the next hour or days, but we can not get 100% right. When you can analyze the price movements, perhaps, you can get something from the chart to help you determine where the price will move. Perhaps, you can try to gather much info about analyzing the market because that will help you analyze the price.


Title: Re: Can you really predict Bitcoin at this time
Post by: crzy on December 27, 2021, 08:45:04 PM
I have listened and review to many market prediction, they are not correct.people are just saying there opinions at this time of the year about Bitcoin. Some will say it will come up another will say it not. So many discussion.
Who can decide the next phase of Bitcoin at this time.
Stop asking the same question because predictions are not 100% correct and you should know that as investors so never to depend on any prediction because you will be just disappointed. The market is unpredictable, we should focus more on knowing the current trend by looking at its price, just be more realistic though.


Title: Re: Can you really predict Bitcoin at this time
Post by: boyptc on December 27, 2021, 10:30:44 PM
I have listened and review to many market prediction, they are not correct.people are just saying there opinions at this time of the year about Bitcoin. Some will say it will come up another will say it not. So many discussion.
Who can decide the next phase of Bitcoin at this time.
You've already seen the catch. Everyone is giving their opinions in the market and no one can say it accurately at a time.

That's why if you're looking to predict bitcoin, take those opinions from those people that you've listened to and think of which part of what they've said are good for you to analyze.

Because all of them are not really telling things the way it is, they're telling what they think is going to happen.


Title: Re: Can you really predict Bitcoin at this time
Post by: Slow death on December 27, 2021, 10:58:23 PM
I have listened and review to many market prediction, they are not correct.people are just saying there opinions at this time of the year about Bitcoin. Some will say it will come up another will say it not. So many discussion.
Who can decide the next phase of Bitcoin at this time.

Look:

https://mbe.cpa/wp-content/uploads/future-performance.jpg

I have already predicted the price, in 2022 the price will reach $70,000, see how easy it is to predict the price? ;D

forecast means they can be hit or miss, technical analysis is not a crystal ball, but it helps us try to predict the price and direction of the market. so don't worry if all predictions are wrong, this is normal


Title: Re: Can you really predict Bitcoin at this time
Post by: STT on December 27, 2021, 11:08:52 PM
Nope, there is definite price on any day we'd lose trading opportunities if it were all so simple.    There are more defined probable scenarios then others, its worth continually evaluating which is the most probable path each day and week if you can secure any percentage advantage over the market then you can be in profit just from this.    
   I think the price in this month and early month will vary from mid Jan into the rest of the year.    Its two tides meeting and a meeting of main markets vs our own crypto market which never shuts or refuses to allow live pricing and trade any time or day of the year.


Title: Re: Can you really predict Bitcoin at this time
Post by: sheenshane on December 27, 2021, 11:59:23 PM
I have listened and review to many market prediction, they are not correct.people are just saying there opinions at this time of the year about Bitcoin. Some will say it will come up another will say it not. So many discussion.
Who can decide the next phase of Bitcoin at this time.
Predictions are only guessing the market price there isn't the right or accurate answer on it.
You can use the two tools that could give "near to accurate" result and that could be a technical and fundamental analysis that gives you a clue on the possible result but it doesn't mean, they are all right.

My favorite tool with regards to predicting the market is this website (Bitcoin Price Prediction For 2021, 2022, 2023, 2024 And 2025 (https://longforecast.com/bitcoin-price-predictions-2017-2018-2019-btc-to-usd)).  I used this for only preference but I'm not expecting a better result because I know the fact that no one will really be able to predict the right price in the market.


Title: Re: Can you really predict Bitcoin at this time
Post by: adaseb on December 28, 2021, 02:45:31 AM
Nobody has the right answer. It might go up or it might go down. Not 1 person decides whether it goes up or down. It’s a bunch of people all at once.

Generally when people are all bullish and saying that Bitcoin will go to like $250K and you hear people talking about Bitcoin on the street, generally that means it might too soon.

When people are saying Bitcoin is a scam and it trades sideways for months. That is usually the best time to buy.


Title: Re: Can you really predict Bitcoin at this time
Post by: Fundamentals Of on December 28, 2021, 02:56:28 AM
Nobody single-handedly decides the next phase of Bitcoin if you are referring to its price. The whole market decides whatever fate Bitcoin will have in the future. So don't believe if a person or even a social media group is saying things as if they could influence the whole Bitcoin market.

Bitcoin's price is unpredictable not only this time but also in the past and probably in the future as well. Bitcoin price prediction are all speculations. They may or may not happen at all. So pick your best guess and wait.


Title: Re: Can you really predict Bitcoin at this time
Post by: bitzizzix on December 28, 2021, 04:56:28 AM
I have listened and review to many market prediction, they are not correct.people are just saying there opinions at this time of the year about Bitcoin. Some will say it will come up another will say it not. So many discussion.
Who can decide the next phase of Bitcoin at this time.
Predictions are only possibilities that are not necessarily true, so they are still vague which should not be a benchmark in making decisions.
and the real prediction is believe in yourself and do it in the right and wise way, I mean if you believe bitcoin will go up just do it without relying on predictions and without a set time limit and you just wait for a good increase for the profit you want though have to wait a very long time.
the difference is, if the prediction is right you will get profit faster and if not you will get profit even longer until it materializes.
And the correct prediction is only time and patience will answer all.


Title: Re: Can you really predict Bitcoin at this time
Post by: michellee on December 28, 2021, 06:33:31 AM
I have listened and review to many market prediction, they are not correct.people are just saying there opinions at this time of the year about Bitcoin. Some will say it will come up another will say it not. So many discussion.
Who can decide the next phase of Bitcoin at this time.

Look:

https://mbe.cpa/wp-content/uploads/future-performance.jpg

I have already predicted the price, in 2022 the price will reach $70,000, see how easy it is to predict the price? ;D

forecast means they can be hit or miss, technical analysis is not a crystal ball, but it helps us try to predict the price and direction of the market. so don't worry if all predictions are wrong, this is normal
I like that crystal balls bro ;D

I hope that in 2022, the price will increase higher and not just stop at $70,000. Yes, it is easy to predict the price but unfortunately, we do not have a correct sign and do not know if the next year, the price will still be bullish or bearish. Maybe if you follow the trend and analyze it better, you will find the other signs that can help you to determine what kind of situation will happen in the next year. But still, that is just a prediction without we know if that will happen or not.


Title: Re: Can you really predict Bitcoin at this time
Post by: mich on December 28, 2021, 08:47:15 AM
Even to this day I have not felt the need to feel I can be very successful when it comes to making the correct bitcoin price prediction.

There is too many ups and downs and volatility to even think its possible.

But there are some prediction people who have their own charts and it makes it fun to follow and cheer for them to be right because they usually are very bullish.


Title: Re: Can you really predict Bitcoin at this time
Post by: leea-1334 on December 28, 2021, 09:58:00 AM
But why listen to market predictions?

Because beginners (and some more experienced ones) live in the belief that there are people who know the things they will benefit from, and we all know that social networks are full of experts who share free advice. The fact is that with a few exceptions, most mislead people with their speculations, so the OP is confused that a few months ago all these experts talked about the new ATH and $100k, and today there is none of that.

The philosophy that Bitcoin is a money factory is still selling well, and the sellers of that philosophy are actually making money. In the long run, it is very certain that in 3-5 years 1 Bitcoin will be worth at least x5 more than today - but that is just my opinion ;)

Free advice is only good when it comes from your parents or your best friends,,, and usually only when you ask for it  ;D Free advice on Twitter and social media is loaded with things you "pay" for without realizing it.

Bitcoin is bad enough with all those 100k and even 200k speculations by end of the year, I remember even 130k was the "reasonable level".

I also have an opinion of 100k in next cycle before 2 more halvings and I think a lot of others think so too,,, but we all know our opinions count for zero. I still do not really get why after years and years people still listen to predictions when we all know the truth that nothing is set in stone.


Title: Re: Can you really predict Bitcoin at this time
Post by: Lucius on December 28, 2021, 11:49:05 AM
I still do not really get why after years and years people still listen to predictions when we all know the truth that nothing is set in stone.

Not only is the problem of someone listening to various speculations and believing in them, but the problem is that people listen to the wrong people and that they mainly focus on short-term investments. It is no secret that such speculations are mostly worthless, while long-term ones can be taken into account if the people who make them have some credibility to talk about such things.

I will cite one example that comes from my beginnings of interest in Bitcoin, and it concerns the speculation from 2014 given by the famous Bitcoin bull Tim Draper (https://www.youtube.com/watch?v=VwDtU3l7OK0) who then said publicly on TV that 1 BTC in 3 years will be worth at least $10 000. We know that he was right, and it is known that during 2018 he said in his forecast that he expects that 1 BTC will be worth at least $250 000 (https://www.youtube.com/watch?v=vAqTu85AJtc) by the end of 2022 or the beginning of 2023.

I'm not saying that a man will hit again, but that I trust him more than, say, people like Tom Lee, Mr. Mars, Peter Schiff or the like who change their minds every day.


Title: Re: Can you really predict Bitcoin at this time
Post by: ultrloa on December 28, 2021, 02:06:25 PM
Don't expect too much from the prediction of the people since in the first place no one could tell what would be the future in this market and do what you can do in order to predict the price. We already have wall-observer if you want to know much of these people been thinking or saying. There's no accurate prediction no matter where you find it and all of us are just pure speculators but at least we could give the most possible outcome of the market since bitcoin in the first place is unpredictable.


Title: Re: Can you really predict Bitcoin at this time
Post by: Gozie51 on December 28, 2021, 02:35:23 PM
Even to this day I have not felt the need to feel I can be very successful when it comes to making the correct bitcoin price prediction.



To make accurate prediction of bitcoin is just as seeing the outcome of tomorrow and that is not a mortal can do. We can only be lucky when we do prediction but nothing of such is certain and this is for newbies to understand also. Currently bitcoin has been dropping today but yesterday it was looking bullish after hitting $50k , the market is an uncertain place.


Title: Re: Can you really predict Bitcoin at this time
Post by: suzanne5223 on December 28, 2021, 02:41:34 PM
I have listened and review to many market prediction, they are not correct.people are just saying there opinions at this time of the year about Bitcoin. Some will say it will come up another will say it not. So many discussion.
People will always have something to say about the market and it could be for their own selfish reason. It's better you understand the market so you won't be used as their instrument.

Who can decide the next phase of Bitcoin at this time.
No single person decides the next phase of Bitcoin now and in the future because Bitcoin is somehow a community-driven based crypto but the decision made by a couple of Humpback whales can decide the next phase of the market. However, footing the previous trend of the Bitcoin market is was deemed to experience a huge market correction.


Title: Re: Can you really predict Bitcoin at this time
Post by: Silberman on December 28, 2021, 06:12:05 PM
I have listened and review to many market prediction, they are not correct.people are just saying there opinions at this time of the year about Bitcoin. Some will say it will come up another will say it not. So many discussion.
Who can decide the next phase of Bitcoin at this time.
No one can predict the markets with a perfect accuracy, that is simply not the way it works, think of the predictions of the market in the same way we think of weather reports, they give you an idea of what it is about to happen but things can change incredibly quickly and something that was not on the weather report can happen, the markets are even more complex than that which is why you see people predicting the price will go up while some others predict the price will go down in a never ending cycle.


Title: Re: Can you really predict Bitcoin at this time
Post by: leea-1334 on December 29, 2021, 11:34:12 AM
I will cite one example that comes from my beginnings of interest in Bitcoin, and it concerns the speculation from 2014 given by the famous Bitcoin bull Tim Draper (https://www.youtube.com/watch?v=VwDtU3l7OK0) who then said publicly on TV that 1 BTC in 3 years will be worth at least $10 000. We know that he was right, and it is known that during 2018 he said in his forecast that he expects that 1 BTC will be worth at least $250 000 (https://www.youtube.com/watch?v=vAqTu85AJtc) by the end of 2022 or the beginning of 2023.

I'm not saying that a man will hit again, but that I trust him more than, say, people like Tom Lee, Mr. Mars, Peter Schiff or the like who change their minds every day.

I was there when everyone was saying wow, Tim Draper is right,,, then if I am not mistaken,,, many scammers even launched a subscription service to get insight into his new predictions (claiming to have his direct analysis).

This is something else I want to say. I like the PlanB guy compared to a lot of other people,,, like you I think this is one guy who is eventually going to be right, and even if he never will be right but he at least also sticking to his analysis and only adjusting.

The problem is people became blinded when these guys get it right once, and like for PlanB a lot of people bought thinking he was going to be right about 123k BTC by November? December?



Title: Re: Can you really predict Bitcoin at this time
Post by: Vaculin on December 29, 2021, 08:42:28 PM
We cannot predict the bitcoin price specially today when it said to be as very high on volatility that even the people who has spent thier time for so many years on crypto still cannot predict on it. Bitcoin is not different from the past it is still bitcoin who is the most biggest coin in crypto the only different is that it is now very high on volatility.
You're right. Bitcoin has become more volatile these days and it gives us more reason that we can't predict its price precisely. Although everyone is free to create wild guesses and predictions, but no one is capable to make a correct prediction in the end. Even big whales are not capable of it, although at some point they can manipulate the market particularly to those who have huge amount of hodlings in bitcoin.


Title: Re: Can you really predict Bitcoin at this time
Post by: Botnake on December 30, 2021, 09:24:52 AM
We cannot predict the bitcoin price specially today when it said to be as very high on volatility that even the people who has spent thier time for so many years on crypto still cannot predict on it. Bitcoin is not different from the past it is still bitcoin who is the most biggest coin in crypto the only different is that it is now very high on volatility.
Until whenever people can't predict bitcoin accurately, people can only make predictions in general, today bitcoin is in a bad condition, the correction that occurs is making it more difficult for bitcoin to survive this year at the maximum price, I think this year bitcoin will experience a decline, both the selling price and people's interest in investing, conditions like this make it difficult for people to make predictions.
Although we are currently having a hard time right now making profits in bitcoin, but let us not forget that after all of this, bitcoin market will always recover and let's see how high it will skyrocket again. But if this condition will continue into its bearish season, then we can't do nothing about it but wait for the market to be stable. Despite all of this, we should always look for the bright side of bitcoin. We can always predict its price but there is no assurance that we can come up with precise prices. No one can see the future price of bitcoin but one thing is certain, it will always come up with higher prices throughout the year.


Title: Re: Can you really predict Bitcoin at this time
Post by: peter0425 on December 30, 2021, 09:29:29 AM
I have listened and review to many market prediction, they are not correct.people are just saying there opinions at this time of the year about Bitcoin. Some will say it will come up another will say it not. So many discussion.
Who can decide the next phase of Bitcoin at this time.
Only fool will come to believe that Bitcoin price is predictable , of course there are close prediction but the main objective is to Give idea to the investors that there might be a Fall or a growth.
and this is our prerogative as buyer/seller to decide what to do, but it does not necessarily mean we must believe all that they say.
remember that this is our money and we are the one who will lose here and not them.
be careful and be aware of the possibilities.


Title: Re: Can you really predict Bitcoin at this time
Post by: Hypnosis00 on December 30, 2021, 03:18:20 PM
I have listened and review to many market prediction, they are not correct.
Perhaps, you were right. It is all just a market prediction and people just speculate the price base of what they see on the market and probably, that is on their analysis, and the possibility to become wrong is high.
Quote
people are just saying there opinions at this time of the year about Bitcoin. Some will say it will come up another will say it not. So many discussion.
We have to understand that not all are good when it comes to chart analysis, some got is close to right but the majority are wrong. And we have to understand also that we never hold the market and never it happens that we know where it goes.
Quote
Who can decide the next phase of Bitcoin at this time.
Nothing, that gonna be the answer.


Title: Re: Can you really predict Bitcoin at this time
Post by: Oasisman on December 30, 2021, 03:37:00 PM
I have listened and review to many market prediction, they are not correct.people are just saying there opinions at this time of the year about Bitcoin. Some will say it will come up another will say it not. So many discussion.
Who can decide the next phase of Bitcoin at this time.

Speculations are also an opinion tbh. It will only became a regular opinion If a person just throw random numbers to predict the next Bitcoin price without any factual information to support his claim. A speculation is also an opinion but backed with technical analysis, fundamental analysis, or any kind of market analysis to draw a closer prediction on what will happen to Bitcoin price in the next couple of days or months.
Nobody can accurately predict the price in a long term perspective like a year or two.


Title: Re: Can you really predict Bitcoin at this time
Post by: michellee on December 30, 2021, 03:39:46 PM
We cannot predict the bitcoin price specially today when it said to be as very high on volatility that even the people who has spent thier time for so many years on crypto still cannot predict on it. Bitcoin is not different from the past it is still bitcoin who is the most biggest coin in crypto the only different is that it is now very high on volatility.
Until whenever people can't predict bitcoin accurately, people can only make predictions in general, today bitcoin is in a bad condition, the correction that occurs is making it more difficult for bitcoin to survive this year at the maximum price, I think this year bitcoin will experience a decline, both the selling price and people's interest in investing, conditions like this make it difficult for people to make predictions.
As long as we can still predict, that is enough for us to know when to enter the market. That is the important thing we should do if we want to buy and sell bitcoin and profit. But if you just want to hold, you do not need to predict accurately. Just buy at any price and hold it until it reaches your target price to sell. Maybe this year, the price will still decline, but who knows, the price will increase and make a new ATH in the next year. If that happens, I am sure we will make a big profit again.


Title: Re: Can you really predict Bitcoin at this time
Post by: justdimin on December 30, 2021, 03:56:45 PM
I have listened and review to many market prediction, they are not correct.people are just saying there opinions at this time of the year about Bitcoin. Some will say it will come up another will say it not. So many discussion.
Who can decide the next phase of Bitcoin at this time.
If you refer speculations made on this section, then probably you got mistaken as these are all just people's opinion about future movement of bitcoin market based on various methodology which includes' individuals' market sentiment; you cannot ask for proof for one bitcoiner's FOMO or panic. They may share what they feel about the market; it means all the speculations made here are just having only 50% chances to remain accurate and the rest are just subject to change against the volatile nature of bitcoins.

Basically from here, we could expect bitcoin market to be getting into bullish as we are seeing support levels around $46k levels are firmly holding bitcoin markets hence we may start seeing more investors to be accumulating bitcoins for new ATH as targets.


Title: Re: Can you really predict Bitcoin at this time
Post by: Furious 7 on December 30, 2021, 03:59:14 PM
I have listened and review to many market prediction, they are not correct.people are just saying there opinions at this time of the year about Bitcoin. Some will say it will come up another will say it not. So many discussion.
Who can decide the next phase of Bitcoin at this time.
Speculations are also an opinion tbh. It will only became a regular opinion If a person just throw random numbers to predict the next Bitcoin price without any factual information to support his claim. A speculation is also an opinion but backed with technical analysis, fundamental analysis, or any kind of market analysis to draw a closer prediction on what will happen to Bitcoin price in the next couple of days or months.
Nobody can accurately predict the price in a long term perspective like a year or two.
We can only say the right opinion on the speculation on the basis of the analysis that supports what you mentioned, maybe it can be close to random numbers for the current bitcoin price but none of that will ever be accurate but slightly deviate from the basic technique of the analysis.
Imagine if someone predicts accurately at the desired time, of course he will continue in every analysis.
So the conclusion is speculation is just an opinion made so that predictions come true.


Title: Re: Can you really predict Bitcoin at this time
Post by: South Park on December 30, 2021, 09:22:31 PM
I have listened and review to many market prediction, they are not correct.people are just saying there opinions at this time of the year about Bitcoin. Some will say it will come up another will say it not. So many discussion.
Who can decide the next phase of Bitcoin at this time.
But why is something like that necessary at all? I mean if you are in here because you actually believe in what bitcoin can achieve then does it matter if the price tomorrow is a little bit cheaper or a little bit more expensive? The overall trend of the bitcoin market is up, I know there are times when bitcoin goes down in value as it suffers a correction, but even then the long term trend of bitcoinis upward, and in that case why bother with short term fluctuations when the long term trend is so clear?


Title: Re: Can you really predict Bitcoin at this time
Post by: Fatunad on December 30, 2021, 10:56:43 PM
I have listened and review to many market prediction, they are not correct.people are just saying there opinions at this time of the year about Bitcoin. Some will say it will come up another will say it not. So many discussion.
Who can decide the next phase of Bitcoin at this time.
Speculative market as you called which you could really expect that there are tons of speculations floating around because this market had been always a unpredictable one which means
that people would keep out on guessing on what would happen in the future. We wont really be predicting if this market is something could be predicted.Right?
This wont be called a speculative market on the first place if it was easy to know on where the prices could potentially go.For now the best thing you
do is to sustain yourself despite of these characteristics.


Title: Re: Can you really predict Bitcoin at this time
Post by: Kasabus on December 30, 2021, 11:26:30 PM
I have listened and review to many market prediction, they are not correct.people are just saying there opinions at this time of the year about Bitcoin. Some will say it will come up another will say it not. So many discussion.
Who can decide the next phase of Bitcoin at this time.
Speculative market as you called which you could really expect that there are tons of speculations floating around because this market had been always a unpredictable one which means
that people would keep out on guessing on what would happen in the future. We wont really be predicting if this market is something could be predicted.Right?
This wont be called a speculative market on the first place if it was easy to know on where the prices could potentially go.For now the best thing you
do is to sustain yourself despite of these characteristics.
Right. What we can do are just educated guesses about the future price of bitcoin but no one of us can directly tell what will be the exact price of bitcoin and how its gonna be in the future. We all know that bitcoin will be even more profitable in the future but as to what price it will end up will remain unpredictable. Not only for bitcoin but the whole crypto market will always be unpredictable. There will be different speculations around and we can only tell if they are true or not when we get there already. But having the whole crypto market being mysterious is what keeping us more thrilled and excited. Right?


Title: Re: Can you really predict Bitcoin at this time
Post by: Rengga Jati on December 30, 2021, 11:49:06 PM
Some people are predicting by only prediction.
Some people are prediction based on fundamentals or next coming event for Bitcoin.
Some people are predicting based on technical analysis.
And prediction is a prediction, this may be true and maybe also wrong. But sometimes,  they are closed to the real condition of the price in the future.
However, sometimes, prediction will go very wrong because of the unpredictable FUD that are spread during the process. As what we have experienced, many have predicted about the chance of Bitcoin to increase until passing the previous ATH, but once more, FUD is unexpected and break the prediction.

And please ensure that prediction will not give any guarantee. that is  why once we believe in the prediction or we are predicting by ourselves, we must also have set certain strategy if the prediction doesn't go well or as expected.
That is why we must be careful and wise every time we are going to invest or trade even Bitcoin and also other cryptocurrencies. 


Title: Re: Can you really predict Bitcoin at this time
Post by: kotajikikox on December 31, 2021, 02:48:11 AM
I have listened and review to many market prediction, they are not correct.
You listened and reviewed the market predictions and find out it is not correct? why ? how did you know? are you an expert market analyst ?

Quote
people are just saying there opinions at this time of the year about Bitcoin. Some will say it will come up another will say it not.
Because no one really knows, as if you know the meaning of Speculation?

Quote
So many discussion.
Who can decide the next phase of Bitcoin at this time.
NO ONE , that is the reality , because if only someone knows then maybe he had all the bitcoin in the world now.


Title: Re: Can you really predict Bitcoin at this time
Post by: Heartilly on January 01, 2022, 12:16:51 PM
No one can predict when bitcoin will pump but there is a high possibility of a higher price/market value in the future. It is normal if the value at times increases or decreases its value in the market. It starts from the bottom till it reaches its higher value and still keeps on growing as time passes by. Many businessmen are indeed supporting Bitcoin and it is also stated that Bitcoin is rated top on the list for good investments especially nowadays that other businesses closed down due to the Covid-19 pandemic. Aside from its arising value, we can certainly tell that Bitcoin is the key in resolving most businesses suffering from debts and other problems they usually encounter. What's good with Bitcoin is when its value increases it pulls upward the other cryptocurrencies. So investors will also have the idea and interest to invest in other tokens or coins.


Title: Re: Can you really predict Bitcoin at this time
Post by: Frengki_cisco on January 01, 2022, 12:28:51 PM
I have listened and review to many market prediction, they are not correct.people are just saying there opinions at this time of the year about Bitcoin. Some will say it will come up another will say it not. So many discussion.
Who can decide the next phase of Bitcoin at this time.
For just a prediction, almost the average here can predict the price of Bitcoin, as long as you don't ask the price one hundred percent right, close to maybe you can, clearly I've seen someone predict the price of Bitcoin for 2020, although it's not exactly one hundred percent, at least close to, if i remember i saw it part of the game/gambling made by Bitcasino.io Support (https://bitcointalk.org/index.php?action=profile;threads;u=2087138;sa=showPosts)


Title: Re: Can you really predict Bitcoin at this time
Post by: Ararbermas on January 01, 2022, 04:46:24 PM
 It's all depends on the structure mate wherein no one can guess based on the situation unless if you make technical analysis.. And as a trader i really understand why mostly people suggestion is to make research, i mean it's either fundamental or technical which indeed both is more important  to obtain more information. So i can say bitcoin will be more mature in yhe future wherein no doubts even though there are some negative comments because of the history as well.


Title: Re: Can you really predict Bitcoin at this time
Post by: Quidat on January 01, 2022, 10:35:19 PM
We cannot predict the bitcoin price specially today when it said to be as very high on volatility that even the people who has spent thier time for so many years on crypto still cannot predict on it. Bitcoin is not different from the past it is still bitcoin who is the most biggest coin in crypto the only different is that it is now very high on volatility.
Until whenever people can't predict bitcoin accurately, people can only make predictions in general, today bitcoin is in a bad condition, the correction that occurs is making it more difficult for bitcoin to survive this year at the maximum price, I think this year bitcoin will experience a decline, both the selling price and people's interest in investing, conditions like this make it difficult for people to make predictions.
As long as we can still predict, that is enough for us to know when to enter the market. That is the important thing we should do if we want to buy and sell bitcoin and profit. But if you just want to hold, you do not need to predict accurately. Just buy at any price and hold it until it reaches your target price to sell. Maybe this year, the price will still decline, but who knows, the price will increase and make a new ATH in the next year. If that happens, I am sure we will make a big profit again.
That's the investment concept, we must be able to see great opportunities, in contrast to people who deliberately hold their bitcoins, maybe in the long term they have made investments at high prices, and I'm sure bitcoin next year will not be much different from the previous year, to reach the price that people expect it will take two years, that's my prediction as long as I see bitcoin's development in 2021, and hopefully there will be an increase for bitcoin this year, so you can benefit from this investment.
Bitcoin has never failed us from reaching an all time high every year so we can expect that ever year that comes, a new high value of bitcoin will come. Though we cannot predict the price of bitcoin exactly, but we can expect that it will do better from the previous year. On the other hand, bitcoin market is quite unstable up to the present as its price has not exceed above $50k, so i think the best thing we can do for now is to buy from its present price as it will be more valuable in the next days or months to come and by then, we can expect a higher profits once the market turns bullish again.


Not an assurance but in most cases Bitcoin had never failed to impress us thats why people do really make out some investment doesnt matter on which price they do get in because they do go after for long term which i cant really blame off on why people do really have those kind of impressions that it would really increase its price on every year comes which it does really happen but there are
years which bitcoins price didnt really make out some significant price increase thats why i would say that anything doesnt really have an assurance for it to happen
but its up to someones risks taking on which step they would really be following.


Title: Re: Can you really predict Bitcoin at this time
Post by: bengsabeng on January 01, 2022, 11:32:51 PM
no one knows at the beginning of 2022 bitcoin will enter a bearish or bullish phase because market conditions still tend to be stable, some say in early 2022 bitcoin prices will enter a bearish phase and some say bitcoin will continue a bullish trend. for now do not fully believe in the speculations made by others because market conditions are unpredictable. if you believe bitcoin will continue the bullish trend just hold on the bitcoin you have, but if you believe bitcoin will soon enter a bearish phase you can sell the bitcoin you have and buy again when market conditions have started to recover.


Title: Re: Can you really predict Bitcoin at this time
Post by: Farma on January 02, 2022, 06:02:01 PM
well, in the end no one can speculate properly. basically we all speculate based on what we see today, and what information supports it. Furthermore, it all depends on the state of needs and market demand.
however, the end of 2021 with bitcoin prices above the $45k range is already very good. although many have speculated that the end of 2021 will end with bitcoin price hovering in the $60k, $70k, or even $100k range, and it didn't work out, however, hope remains this year, and maybe even bigger. however, we share the same expectation to see bitcoin price going higher.


Title: Re: Can you really predict Bitcoin at this time
Post by: proudhon on January 02, 2022, 06:38:36 PM
I can confidently predict that the current price of bitcoin is unsustainable, and the price will be lower than it is now by the end of 2022.


Title: Re: Can you really predict Bitcoin at this time
Post by: freedomgo on January 02, 2022, 08:11:36 PM
well, in the end no one can speculate properly. basically we all speculate based on what we see today, and what information supports it. Furthermore, it all depends on the state of needs and market demand.
however, the end of 2021 with bitcoin prices above the $45k range is already very good. although many have speculated that the end of 2021 will end with bitcoin price hovering in the $60k, $70k, or even $100k range, and it didn't work out, however, hope remains this year, and maybe even bigger. however, we share the same expectation to see bitcoin price going higher.
You are right. Since we know that bitcoin has high potentials to grow more, then it will always bound to reach higher prices once the market increase its demand. And with positive news and events that will surprise us this 2022, bitcoin will certainly be positively affected too.

However, bitcoin remains to be unpredictable all the time. Every one can predict how bitcoin will be in the future but no one can predict it perfectly and correctly. We can only come up with different speculations and educated guesses that will always be possible to happen in the future, but there is no such guarantees if they will be true or not.


Title: Re: Can you really predict Bitcoin at this time
Post by: lucates on January 03, 2022, 03:16:20 PM
To answer the question in the subject, no, there isn't anyone that can accurately predict bitcoin. There will always be people who predict bitcoin will crash down to 1k. Just like there will always be people predicting bitcoin will explode to $1M per coin. (Even higher in some cases.) Needless to say, though, all these predictions are just that, predictions.

No one has a crystal ball that will tell them where the price is headed. All you can do is predict.

Of course I do think it's unpredictable.Based on research and data analysis everyone can predict, suppose hit one or two but mostly not. Ultimately the future prize of the Bitcoin will depend on many factors like global economic conditions, government regulations, and mainstream adoption etc. One thing is sure, though, wherever the price of Bitcoin is headed, it's going to be one hell of a ride.


Title: Re: Can you really predict Bitcoin at this time
Post by: Sirait on January 03, 2022, 07:25:42 PM
I have listened and review to many market prediction, they are not correct.people are just saying there opinions at this time of the year about Bitcoin. Some will say it will come up another will say it not. So many discussion.
Who can decide the next phase of Bitcoin at this time.
will not end accurately but everyone is free to have an opinion and make their predictions on the bitcoin price. I advise you to make your own decision when buying or selling. if you rely on other people's predictions then it will be very difficult. but one thing for sure is the price of bitcoin will continue to rise from its current price.


Title: Re: Can you really predict Bitcoin at this time
Post by: STT on January 03, 2022, 08:53:37 PM
I can confidently predict that the current price of bitcoin is unsustainable, and the price will be lower than it is now by the end of 2022.

Unsustainable vs endless money printing, which is the weaker standard will be a long term question but there is not the pressure short term that you seem to think there is.  2022 is a short term view, theres no great reason to assume we must go lower immediately.
   Until there is a good pattern in either direction we dont know, just recognizing there is no great certainty in price action is worth understanding.  Never short a dull market


Title: Re: Can you really predict Bitcoin at this time
Post by: EdenHazard on January 03, 2022, 10:20:27 PM
well, in the end no one can speculate properly. basically we all speculate based on what we see today, and what information supports it. Furthermore, it all depends on the state of needs and market demand.
however, the end of 2021 with bitcoin prices above the $45k range is already very good. although many have speculated that the end of 2021 will end with bitcoin price hovering in the $60k, $70k, or even $100k range, and it didn't work out, however, hope remains this year, and maybe even bigger. however, we share the same expectation to see bitcoin price going higher.
You are right. Since we know that bitcoin has high potentials to grow more, then it will always bound to reach higher prices once the market increase its demand. And with positive news and events that will surprise us this 2022, bitcoin will certainly be positively affected too.

However, bitcoin remains to be unpredictable all the time. Every one can predict how bitcoin will be in the future but no one can predict it perfectly and correctly. We can only come up with different speculations and educated guesses that will always be possible to happen in the future, but there is no such guarantees if they will be true or not.
Speaking long term .. bitcoin for me would always a bullish! youvjust need to hodling and ignore any distractions especially when there is a correction waves come and even the market crashed ... that is the hardest time for hodler ...
but for now it seems really hard to break the resistance.

it's more to the support getting broke and we might fall down to around $40k or lower once again.


Title: Re: Can you really predict Bitcoin at this time
Post by: Oasisman on January 03, 2022, 10:40:25 PM
I can confidently predict that the current price of bitcoin is unsustainable, and the price will be lower than it is now by the end of 2022.

There you go again with your epic predictions lol
I might agree with you that Bitcoin will have a lower price value by the end of 2022 from the current price today, but "unsustainable"? Nah, that didn't even exist in Bitcoin's vocabulary. Well, you're always very bearish so yeah I understand why Bitcoin is unsustainable to you lol.

The only thing I'm seeing this 2022 is some bearish run. This could be a long consolidation period for Bitcoin again.


Title: Re: Can you really predict Bitcoin at this time
Post by: Monochroic on January 04, 2022, 05:50:32 AM
I have been trying hard to make accurate predictions since I started to trade bitcoin but not all of them hit the right chord. And I think it is completely okay because I can’t take all the money home. Everyone wants a piece of the pie, after all.


Title: Re: Can you really predict Bitcoin at this time
Post by: BuNga_cute on January 04, 2022, 09:48:17 AM
well, in the end no one can speculate properly. basically we all speculate based on what we see today, and what information supports it. Furthermore, it all depends on the state of needs and market demand.
however, the end of 2021 with bitcoin prices above the $45k range is already very good. although many have speculated that the end of 2021 will end with bitcoin price hovering in the $60k, $70k, or even $100k range, and it didn't work out, however, hope remains this year, and maybe even bigger. however, we share the same expectation to see bitcoin price going higher.
You are right. Since we know that bitcoin has high potentials to grow more, then it will always bound to reach higher prices once the market increase its demand. And with positive news and events that will surprise us this 2022, bitcoin will certainly be positively affected too.

However, bitcoin remains to be unpredictable all the time. Every one can predict how bitcoin will be in the future but no one can predict it perfectly and correctly. We can only come up with different speculations and educated guesses that will always be possible to happen in the future, but there is no such guarantees if they will be true or not.
Speaking long term .. bitcoin for me would always a bullish! youvjust need to hodling and ignore any distractions especially when there is a correction waves come and even the market crashed ... that is the hardest time for hodler ...
but for now it seems really hard to break the resistance.

it's more to the support getting broke and we might fall down to around $40k or lower once again.

If we look at Bitcoin price movements in the long term, Bitcoin looks bullish, so I never doubt holding Bitcoin in the long term. Although in
the course of Bitcoin crashes often occur, but Bitcoin can always recover again. We really shouldn't panic seeing the current market which is
still experiencing a bearish trend. As long as we can be patient holding Bitcoin, then we can make a profit in the end. We can learn from history,
every time the price of Bitcoin goes down, surely Bitcoin can go higher. So don't doubt the future of Bitcoin, always optimistic that Bitcoin
can recover soon and can be bullish again. Moreover, based on the results of the analysis I did, the price of Bitcoin support is very strong,
so I believe the Bitcoin price will not fall below $45k. So if we want to buy Bitcoin now is the right time, because I believe Bitcoin will soon return
to the ATH price.


Title: Re: Can you really predict Bitcoin at this time
Post by: jostorres on January 04, 2022, 09:12:27 PM
If we look at Bitcoin price movements in the long term, Bitcoin looks bullish, so I never doubt holding Bitcoin in the long term. Although in the course of Bitcoin crashes often occur, but Bitcoin can always recover again. We really shouldn't panic seeing the current market which is still experiencing a bearish trend.
That is the good thing about bitcoin. It is a long term project that has been proven to be great time and time after again. This is why I believe that we should not be really doubting the price in the future just by looking at the drop right now. It is something that is decent and I feel like there is always this thing about bitcoin where people look at a 10% drop and they think "oh I should sell and buy lower" and I just can't be bothered with it. What is the point of spending so much time on it?

I have a good portfolio, it has made me a good return, not that I am rich or anything and I am glad that my life is better thanks to crypto. That's all there is to it, I do not claim to be wizard of finance or something like that but it is really simple. For some reason people keep doubting and keep trading and getting out as quickly as possible whenever they make some profit. Going back to fiat is not really the end goal here, making bitcoin get accepted everywhere is my end goal.


Title: Re: Can you really predict Bitcoin at this time
Post by: Oceat on January 04, 2022, 11:19:49 PM
I have been trying hard to make accurate predictions since I started to trade bitcoin but not all of them hit the right chord. And I think it is completely okay because I can’t take all the money home. Everyone wants a piece of the pie, after all.
I tend to agree though since trading isn't as easy as you think it is if you think you can predict with the market. If that's how easy it is we shouldn't have people complaining when they lose in trading. As expected, we can't predict the price precisely since it has an unpredictable volatility. People really are greedy when it comes to money, that's why people who has an experience in this market is gaining while the inexperience suffer from losses.


Title: Re: Can you really predict Bitcoin at this time
Post by: bitzizzix on January 05, 2022, 02:03:12 AM
I have been trying hard to make accurate predictions since I started to trade bitcoin but not all of them hit the right chord. And I think it is completely okay because I can’t take all the money home. Everyone wants a piece of the pie, after all.
I tend to agree though since trading isn't as easy as you think it is if you think you can predict with the market. If that's how easy it is we shouldn't have people complaining when they lose in trading. As expected, we can't predict the price precisely since it has an unpredictable volatility. People really are greedy when it comes to money, that's why people who has an experience in this market is gaining while the inexperience suffer from losses.
We must realize and also study it well that investing or trading crypto assets, especially bitcoin, is a very high risk activity, because the price is very volatile where the price can change significantly from time to time.
so that it is very difficult to predict and even though they are experts in their fields not necessarily make the right predictions, and long-term options are one of the best options apart from fluctuations because they only rely on selling when prices are rising. although you have to wait a long time and be patient because the increase will definitely occur.


Title: Re: Can you really predict Bitcoin at this time
Post by: Fredomago on January 05, 2022, 02:37:34 AM
I have been trying hard to make accurate predictions since I started to trade bitcoin but not all of them hit the right chord. And I think it is completely okay because I can’t take all the money home. Everyone wants a piece of the pie, after all.
I tend to agree though since trading isn't as easy as you think it is if you think you can predict with the market. If that's how easy it is we shouldn't have people complaining when they lose in trading. As expected, we can't predict the price precisely since it has an unpredictable volatility. People really are greedy when it comes to money, that's why people who has an experience in this market is gaining while the inexperience suffer from losses.


Greed and fear are those emotions who kills the traders, inexperienced one always think that they can easily bag money from this industry, unknowingly the risk that accompanied they are more likely to go out complaining that the market is more on losing your investment. If this business is easy for it was projected, there will be more successful trader than those who go out empty-handed.

It's more about how you understand and how willing you are to continue assessing and predicting the market.


Title: Re: Can you really predict Bitcoin at this time
Post by: BuNga_cute on January 07, 2022, 07:21:46 PM
If we look at Bitcoin price movements in the long term, Bitcoin looks bullish, so I never doubt holding Bitcoin in the long term. Although in the course of Bitcoin crashes often occur, but Bitcoin can always recover again. We really shouldn't panic seeing the current market which is still experiencing a bearish trend.
That is the good thing about bitcoin. It is a long term project that has been proven to be great time and time after again. This is why I believe that we should not be really doubting the price in the future just by looking at the drop right now. It is something that is decent and I feel like there is always this thing about bitcoin where people look at a 10% drop and they think "oh I should sell and buy lower" and I just can't be bothered with it. What is the point of spending so much time on it?

I have a good portfolio, it has made me a good return, not that I am rich or anything and I am glad that my life is better thanks to crypto. That's all there is to it, I do not claim to be wizard of finance or something like that but it is really simple. For some reason people keep doubting and keep trading and getting out as quickly as possible whenever they make some profit. Going back to fiat is not really the end goal here, making bitcoin get accepted everywhere is my end goal.

If we really have faith in the future of Bitcoin, no matter how deep the price of Bitcoin will fall, we will remain optimistic holding Bitcoin.
And will not sell the loss of Bitcoin that we have, After all, Bitcoin never disappoints us if we invest in Bitcoin in the long term.
Then I agree with you, we have to support Bitcoin so that Bitcoin can be accepted everywhere. Because we will get more benefits if Bitcoin
can be legalized in all countries in the world, this is indeed difficult to happen right now. But in the future it is very likely to happen,
especially if we look at the very rapid development of Bitcoin.


Title: Re: Can you really predict Bitcoin at this time
Post by: South Park on January 07, 2022, 08:34:53 PM
If we look at Bitcoin price movements in the long term, Bitcoin looks bullish, so I never doubt holding Bitcoin in the long term. Although in the course of Bitcoin crashes often occur, but Bitcoin can always recover again. We really shouldn't panic seeing the current market which is still experiencing a bearish trend.
That is the good thing about bitcoin. It is a long term project that has been proven to be great time and time after again. This is why I believe that we should not be really doubting the price in the future just by looking at the drop right now. It is something that is decent and I feel like there is always this thing about bitcoin where people look at a 10% drop and they think "oh I should sell and buy lower" and I just can't be bothered with it. What is the point of spending so much time on it?

I have a good portfolio, it has made me a good return, not that I am rich or anything and I am glad that my life is better thanks to crypto. That's all there is to it, I do not claim to be wizard of finance or something like that but it is really simple. For some reason people keep doubting and keep trading and getting out as quickly as possible whenever they make some profit. Going back to fiat is not really the end goal here, making bitcoin get accepted everywhere is my end goal.
People have different goals, as you state the goal of most traders seems to be to get more fiat in return for their efforts, now there is also a minority of traders that trade bitcoin against fiat to increase the size of their holdings but they seem to be a minority, but why is this the case? And in most cases I think the answer is that most people still do not understand the importance of this market, they understand they can make money here but they do not understand that bitcoin give us a choice about the economic system we want to be part of, and that is what makes it incredibly valuable.


Title: Re: Can you really predict Bitcoin at this time
Post by: StreakW on January 10, 2022, 02:22:59 PM
Everyone certainly has a different way of analyzing or predicting Bitcoin prices in the short and long term. However, no one can predict the bitcoin price accurately. Especially in the midst of the current market situation where the price of bitcoin is still experiencing a decline in price.


Title: Re: Can you really predict Bitcoin at this time
Post by: Rimueng on January 10, 2022, 06:27:39 PM
It is difficult to predict the bitcoin price accurately. However, one method that can be used to predict bitcoin prices is by using a combination of fundamental and technical analysis. although not 100% accurate, this method is at least more effective than predicting from a graph.


Title: Re: Can you really predict Bitcoin at this time
Post by: Finestream on January 10, 2022, 09:48:56 PM
Everyone certainly has a different way of analyzing or predicting Bitcoin prices in the short and long term. However, no one can predict the bitcoin price accurately. Especially in the midst of the current market situation where the price of bitcoin is still experiencing a decline in price.
Well, its really hard to predict the future price of bitcoin if the market alone is already bleeding right now. Just wait for the market to be stable again so we can come up with a good prediction, but it will never be precise for sure. Bitcoin is very volatile, one day its bullish, and the next day it becomes bearish all of a sudden. So there's no way we can come up with its price accurately. But one thing for sure, bitcoin will still have great chances to settle into its new ATH, but for now maybe hodling our bitcoin is the best thing to do.


Title: Re: Can you really predict Bitcoin at this time
Post by: tippytoes on January 10, 2022, 11:13:47 PM
Everyone certainly has a different way of analyzing or predicting Bitcoin prices in the short and long term. However, no one can predict the bitcoin price accurately. Especially in the midst of the current market situation where the price of bitcoin is still experiencing a decline in price.
Well, its really hard to predict the future price of bitcoin if the market alone is already bleeding right now. Just wait for the market to be stable again so we can come up with a good prediction, but it will never be precise for sure. Bitcoin is very volatile, one day its bullish, and the next day it becomes bearish all of a sudden. So there's no way we can come up with its price accurately. But one thing for sure, bitcoin will still have great chances to settle into its new ATH, but for now maybe hodling our bitcoin is the best thing to do.

Even experts can't predict precisely the btc market. This is because a large of factors are contributing to its market performance. You can use the technical analysis but you should not expect that your prediction will be accurate. Also, one good or bad news, sometimes influence the market so fast, you won't even have the time to think about your next move. So even if we say you are a long time crypto user, you can't still precisely predict the btc's price. But you can act on your plans on how market behaves.


Title: Re: Can you really predict Bitcoin at this time
Post by: kawetsriyanto on January 10, 2022, 11:59:11 PM
Even experts can't predict precisely the btc market. This is because a large of factors are contributing to its market performance. You can use the technical analysis but you should not expect that your prediction will be accurate.
Exactly. No one really knows the future price of Bitcoin, it is impossible. Even an expert who uses technical analysis, only can guess the possible price to be, never has 100% accuracy. News factor sometimes has a bigger role to determine the price of Bitcoin, especially if it is bad/positive news driven by whales to manipulate prices. We have seen many times that technical analysis can't work once there is sudden news spreading out to make the hype or the fear among people.


Title: Re: Can you really predict Bitcoin at this time
Post by: jamkesmas on January 14, 2022, 04:39:32 PM
very difficult question to answer. no one can predict it with certainty. but many people speculate about bitcoin, we can believe it but we have to see first who analyzes it, it must be someone who has experience in this field.


Title: Re: Can you really predict Bitcoin at this time
Post by: South Park on January 17, 2022, 07:33:25 PM
It is difficult to predict the bitcoin price accurately. However, one method that can be used to predict bitcoin prices is by using a combination of fundamental and technical analysis. although not 100% accurate, this method is at least more effective than predicting from a graph.
If you are an expert trader this maybe true, but for a newbie trader it is better that they just keep things simple, if they do not then they will take a huge risk as it is easy to make mistakes when your strategy to predict the markets is too complex, and what is worse if they are unable to correct their mistake in time it is completely possible they will lose a significant amount of their money before they realize what it happened.