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Author Topic: how to predict bitcoin price increase or decrease?  (Read 11473 times)
RayvenPierre
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October 03, 2017, 08:41:17 AM
 #161

Its is very difficult to guess whether the price of bitcoin will increase or decrease. One of the major factors that needed to be considered is analyzing the amount of bitcoin circulating in the market. In other words, the amount of bitcoin being sold or bought. This will be the primary basis of the price of bitcoin.

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October 03, 2017, 08:57:03 AM
 #162

You have to be up to date every time.. You have to start watching and analyzing crypto info resources, read all the news regarding this industry, look at some big fund, what they are doing/ going to do
Have up to date every time is certainly tiring, maybe most people do not like it, things we have to believe is bitcoin users continue to increase so that the price in the future will rise and we get profit.

of course that it is very tiring job but just for your information most of professional trader do that and they enjoy the process. i don't agree with your statement that 'maybe most of people do not like that' because not everyone want to predict the price of bitcoin (almost) accurate as they can, except A Trader
they try to analyze the graph and stay tune but actually didn't need for long time. because their data nt only from the graph, volume, and market.  but news feed of cryptocurrency.

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October 03, 2017, 09:01:54 AM
 #163

For me there is no one who can control whether bitcoins price will increase or decrease,  not unless there is a person which has a possession of a large amount of bitcoins.
And as for the prediction whether the price will increase or decrease i think it is also not possible.  You can only properly equip your self with sufficient knowledge so that your moves or decision will be based upon this and not just simply on plain guess.

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October 03, 2017, 02:07:07 PM
 #164

You have to be up to date every time.. You have to start watching and analyzing crypto info resources, read all the news regarding this industry, look at some big fund, what they are doing/ going to do
Have up to date every time is certainly tiring, maybe most people do not like it, things we have to believe is bitcoin users continue to increase so that the price in the future will rise and we get profit.

of course that it is very tiring job but just for your information most of professional trader do that and they enjoy the process. i don't agree with your statement that 'maybe most of people do not like that' because not everyone want to predict the price of bitcoin (almost) accurate as they can, except A Trader
they try to analyze the graph and stay tune but actually didn't need for long time. because their data nt only from the graph, volume, and market.  but news feed of cryptocurrency.

news is a very strong driver on the market... if you're really sensitive and have huge experience, you can earn much more than others just if you understand a value of some news and make some changes in your portfolio couple minutes before crowd do the same
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October 03, 2017, 02:46:54 PM
 #165

Bitcoin is hard to predict but if you study the historical data, price chart movement, the price range of bitcoin during the weekend when the capital market are closed you will know if dump or pump willl happen. However, I confirmed that a short term dip usually happen to bitcoin during the weekend though.

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October 03, 2017, 02:58:35 PM
 #166

You have to be up to date every time.. You have to start watching and analyzing crypto info resources, read all the news regarding this industry, look at some big fund, what they are doing/ going to do
Have up to date every time is certainly tiring, maybe most people do not like it, things we have to believe is bitcoin users continue to increase so that the price in the future will rise and we get profit.

of course that it is very tiring job but just for your information most of professional trader do that and they enjoy the process. i don't agree with your statement that 'maybe most of people do not like that' because not everyone want to predict the price of bitcoin (almost) accurate as they can, except A Trader
they try to analyze the graph and stay tune but actually didn't need for long time. because their data nt only from the graph, volume, and market.  but news feed of cryptocurrency.

news is a very strong driver on the market... if you're really sensitive and have huge experience, you can earn much more than others just if you understand a value of some news and make some changes in your portfolio couple minutes before crowd do the same

I agree. As new people entered the market, they are not used to Bitcoin "shakes" in price and they sell as soon as news pop out.
Another approach to trade Bitcoins could be buy them when the market is depressed (e.g. by looking at chats, forums, etc.) and sell them when people are too euphoric and they talk about the moon.

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October 03, 2017, 03:01:43 PM
 #167

There is no exact method to predict bitcoin price increase or decrease in the future, especially in the short term, because Bitcoin's price is volatile.

But in general if you re holding for long time the price will increase surely sooner or later
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October 03, 2017, 03:05:33 PM
 #168

We see sometimes bitcoin price increase or decrease. How I can predict whether bitcoin price increase or decrease.Again, who controll this price.I appreciate if you kindly share your experience.
I think it is hard to predict if the price of bitcoin will inreace or decrease as you can see it is in Internet World where all things become faster that usual. In that case, you can assume but it is hard to predict.

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October 03, 2017, 04:16:09 PM
 #169

How to predict bitcoin price increase or decrease? There is a lot of way to determined the price of bitcoin you can relay on the bitcoin news, you can analyze weather it is good news of bad ofcourse if the news of bitcoin is good the price of bitcoin will increase at if bad the price of bitcoin will go down
There are a lot of ways such as you said. It is increasing in price and the value of the bitcoin is going to the high level. In the past the price of the bitcoin was not so much high but if we look at the price of the present and compare it with the previous price the value is increasing gradually so I think the demand and the importance can tell us about the high and the low in the price of the bitcoin.

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October 03, 2017, 04:18:37 PM
 #170

We see sometimes bitcoin price increase or decrease. How I can predict whether bitcoin price increase or decrease.Again, who controll this price.I appreciate if you kindly share your experience.

I guess no one control the increasing and decreasing of bitcoin price, so no one can predict it. Maybe we just need to be updated on every news about things that may affect cryptocurrencies prices, because for me a certain action done by a person or a group can affect bitcoin price if their actions are related to the digital currencies world.
For me, no one cam predict when tbe bitcoin value will increase or even decrease. Because its only depending on the token sale if its in demand i think the bitcoin will rise up.

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October 03, 2017, 04:19:24 PM
 #171

You can learn about technical analysis to predict bitcoin prices in the short to medium term
Combined with basic analysis, find news about bitcoin
Personal predictions
A lot of people do it this way
Good luck
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October 03, 2017, 04:22:58 PM
 #172

I think it's really hard but if you want to know I think you need to collect all the news about Bitcoin, Bitcoin will be banned or legalized or not in any countries, or announcements from famous people can affect to Bitcoin, JPMorgan Chase for example. I think the up coming hard fork will affect a lot to Bitcoin price but I don't know it'll increase or decrease but I hope that it'll be the same with the hard fork on 1st August which made Bitcoin increased from over 2k$ to over 4k$ in just few days Smiley)
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October 03, 2017, 04:24:43 PM
 #173

No one can predict the exact price of bitcoin. We all here can only speculate with the possibility of bitcoin price movement. So if someone says they can predict bitcoin then they are the ones who can guess the bitcoin. Maybe if it is right then they will be flattered. That's the twists of the bitcoin price movement. All factors and decisions can make bitcoin prices move very quickly.
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October 03, 2017, 04:32:00 PM
 #174

We see sometimes bitcoin price increase or decrease. How I can predict whether bitcoin price increase or decrease.Again, who controll this price.I appreciate if you kindly share your experience.
It is very hard to predict when wpuld bitcoins price will started to increase or to decrease because there are only few signs when bitcoins price will started to increase like china started to banned bitcoin in their country resulting to bitcoins price to decrease.
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October 03, 2017, 04:39:03 PM
 #175

We see sometimes bitcoin price increase or decrease. How I can predict whether bitcoin price increase or decrease.Again, who controll this price.I appreciate if you kindly share your experience.

Any one can predict the price but no one can make sure if the price will go increase or decrease. Best example here is this past fork that happened wayback August. Some of bitcoin holders sell their bitcoin because they predict that after fork the price of bitcoin will decrease but surprisingly the result is otherwise and bitcoin set a new high record price.

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October 03, 2017, 04:41:02 PM
 #176

If you mean how to track the prices and predict the price based on real time, then google a bitcoin /usd chart and start making your own analysis, if you are a little bit smart and have some knowledge, you can do your own analysis and then make your own conclusions about if the price is going to be down or up in the next hours/minutes, the best option is by bollinger bands, this is the most accurate indicator.

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October 03, 2017, 04:42:17 PM
 #177

You simply cannot predict the price, or else everybody would do it and... Well, would you sell your bitcoins if you knew price would go up ? nah. Same thing, you wouldn't buy bitcoins if you knew that the price would go down. Albeit from that somewhat-paradoxical situation, you need to know that, in order to predict the price movements, you need to predict every single transaction made on the BTC/fiat market. In other words, you need to know what bitcoin holders are thinking right now, what are their expectations in the near, mid, and long-term future. That way, you could predict when they will buy/sell, how much, etc.

Some people might argue that a good reading of orderbooks or previous movements might give an indicator on the price but this is not true. Not completely true, at least. The fact is, some people just don't put their orders in the order book. In fact, only half of the transaction orders are instantaneous, that's of put/call works. So, you basically don't have access to half of the actual "near-future actions" of people. And I didn't mentioned fake walls.

If, by any chance, you discover an actual method to predict the market (one that doesn't rely solely on order books and previous price/volumes, there's not enough information inside that), keep it to yourself, because it can only work if a tiny fraction of the market is aware of that trick.
In this world, when it comes to market prediction methods (the ones that are actually reliable), either you get really really rich, either you get really really dead ^^

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October 03, 2017, 04:43:16 PM
 #178

You have to be up to date every time.. You have to start watching and analyzing crypto info resources, read all the news regarding this industry, look at some big fund, what they are doing/ going to do
Have up to date every time is certainly tiring, maybe most people do not like it, things we have to believe is bitcoin users continue to increase so that the price in the future will rise and we get profit.

of course that it is very tiring job but just for your information most of professional trader do that and they enjoy the process. i don't agree with your statement that 'maybe most of people do not like that' because not everyone want to predict the price of bitcoin (almost) accurate as they can, except A Trader
they try to analyze the graph and stay tune but actually didn't need for long time. because their data nt only from the graph, volume, and market.  but news feed of cryptocurrency.

news is a very strong driver on the market... if you're really sensitive and have huge experience, you can earn much more than others just if you understand a value of some news and make some changes in your portfolio couple minutes before crowd do the same
The news will be good if the crypto you are trading has some trends or signals (bullish trend). But when the crypto you are trading in bearish trend, you must to consider before continue to hold this coin, good news never enought to help this coin recover in a long time, only short time for scalping trade.


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daenarys_stormborn
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October 03, 2017, 04:59:52 PM
 #179

I think it is impossible to predict the movement of bitcoin, because there are so many things that can affect the rise and fall of bitcoin, especially as china banned ico, is a very unexpected thing

valentin68
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October 03, 2017, 05:24:16 PM
 #180

I will tell you how I started. I remember that for 2-4 months I read what all indicators predict. Then I read all I could read from some websites about the market. Then little by little I began to understand that when there is a big price change you should buy (or sell) and when the price does not change you should hold your assets. The market is very unpredictable, and because of this you will not learn to predict the bitcoin price so easely. But little by little, learning you will succeed. It will take you 4-6 years until you will have sufficient experience.
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