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Author Topic: my prediction is always wrong  (Read 547 times)
AulTeteh
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May 30, 2018, 05:14:15 PM
 #121

One doesn’t need to be great with numbers to make a fortune with cryptocurrency. If you’re able to observe patterns, human behavior, and anticipate change, you’ve got a powerful crypto-trading mindset.Predictions are a risky business.

Lesson learned: don’t confuse trends with facts
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SolomonSollarsNSense
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June 07, 2018, 08:08:31 AM
 #122

after the bitcoin price drops to $ 10000, yesterday the bitcoin price rose by 8.5%, and I expect the bitcoin price will not fall again, and will slide to $ 20,000, and I think when the natural correction ends.
But today I see bitcoin down again, why this can happen? is it a bubble? how to make the hype to be stable and go back up?
Nobody in this world has enough paranormal abilities to predict the future, not even the best analysts and expert traders have proven to have the talent to hit 100% of their predictions. But it is clear to me that in your specific case you are not working on a defined strategy, but only based on your hunches. If you really had proper planning in your trading decisions, you were not regretting them, but you were taking note to learn from this experience.
Bitcoin is on the way down and it seems that will drop more in the near future, but after reaching below level it will increase again and hope it will cross $20000. It seems impossible but I am sure about the bright future because of the increasing investment capital. This year the price will remain under $10000 but in the next year it will grow more and more.

greeklogos
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June 07, 2018, 08:27:58 AM
 #123

You probably make your prediction only on your own experience and knowledges. This way you will never be correct with predictions, you know, even experts can mistake about crypto, some of them predicted growth from April, but it didn't happen. If you have an opportunity to just hold your founds - hold it till the target that you set to yourself, will it be 20k$ or 200k$ it's up to you.
EnricoGomez
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June 07, 2018, 09:29:01 AM
 #124

It is quite hard to predict what will happen to bitcoin when, there is a lot of people falling to FUD and price manipulation dropping the price not to mention its indefinite volatility.
No use in making predictions at all especially if you are doing long term.
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June 07, 2018, 09:40:01 AM
 #125

after the bitcoin price drops to $ 10000, yesterday the bitcoin price rose by 8.5%, and I expect the bitcoin price will not fall again, and will slide to $ 20,000, and I think when the natural correction ends.
But today I see bitcoin down again, why this can happen? is it a bubble? how to make the hype to be stable and go back up?

Two things:

1. 8.5% rise in bitcoin price within 24 hours does not guarantee an accelerated hitch-free 84.33% rise within a short amount of time. While this is not an exclusive pointer (and my biased opinion), other intrinsic factors affect the market price and more intimately regulation and volatility.

2. Hype at this point is no longer enough to drive that wagon; if it were enough, Dec., '17 would have been a huge turning point for cryptocurrency and mainstream adoption and hence dismiss every fear you currently have for bitcoin as being a bubble.

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valentine401
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June 07, 2018, 09:51:04 AM
 #126

after the bitcoin price drops to $ 10000, yesterday the bitcoin price rose by 8.5%, and I expect the bitcoin price will not fall again, and will slide to $ 20,000, and I think when the natural correction ends.
But today I see bitcoin down again, why this can happen? is it a bubble? how to make the hype to be stable and go back up?

The market is volatile and because of that, there is no accurate prediction, the best thing to do is just hold your coin and wait for the highest price to come out before selling or investing in the market.
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