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Author Topic: The art of price predictions  (Read 213 times)
AlGovorov (OP)
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April 23, 2018, 10:28:12 AM
 #1

When it comes to price forecasts, we see a lot of different opinions: who says bitcoin will go down to $ 900, who says it will go up to $ 100,000. In this branch, not only do I want to know by what signals and technical analysis you determine how much and when btc and other altcoins will cost?
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April 23, 2018, 10:51:00 AM
 #2

When it comes to price forecasts, we see a lot of different opinions: who says bitcoin will go down to $ 900, who says it will go up to $ 100,000. In this branch, not only do I want to know by what signals and technical analysis you determine how much and when btc and other altcoins will cost?

When it comes to investing in Bitcoin, or any other cryptocurrency, it is imperative to have a backup plan. Most notably, a worst-case scenario.
That's the only advice I can give you, I guess... Try to make choices that you can live with.  Wink
Red-Apple
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April 23, 2018, 11:43:11 AM
 #3

who says bitcoin will go down to $ 900, who says it will go up to $ 100,000.
a lot of people are saying random shit on the internet but they are not "predicting" anything they are bullshiting some guess in both cases actually.

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

Quote
In this branch, not only do I want to know by what signals and technical analysis you determine how much and when btc and other altcoins will cost?
well TA doesn't work at all when it comes to altcoins. you can try using it and get lucky to get a couple of speculations right but generally it doesn't work for them at all.

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crampus
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April 23, 2018, 11:52:43 AM
 #4

As for the technical analysis - it should not be trusted in the crypto currency market. More important here is the fundamental analysis.
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April 23, 2018, 11:59:35 AM
 #5

When it comes to price forecasts, we see a lot of different opinions: who says bitcoin will go down to $ 900, who says it will go up to $ 100,000. In this branch, not only do I want to know by what signals and technical analysis you determine how much and when btc and other altcoins will cost?

There are a lot of factors which determines altcoin prices with the first and foremost being Bitcoin price. It is fair enough to say that altcoin markets follow Bitcoin pairs and this is pretty much evident from data. Next comes developmental things like progress through the roadmap, new additions and implementations which usually push prices up.
Then again, it all depends on if the markets being controlled by whales who are manipulating prices and predicting accurate prices becomes a hard task.
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April 23, 2018, 12:10:59 PM
 #6

I dont believe in price forecasts thats spamming the internet. Bitcoin going down $900 or going up to $100,000 is a total nonsense. It would be better to follow your instinct as you check out the price trend for the past months or weeks.
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April 23, 2018, 12:14:36 PM
 #7

No one can exactly predict on what bitcoin price future, mostly people predict that bitcoin price grow up and hits to the higher level, but until now there's no happen at all, but I'm still waiting that those good predictions of people that price grows up to the top will truly happens.
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April 23, 2018, 12:19:31 PM
 #8

If you like price prediction and trading anaylsis

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April 23, 2018, 12:23:44 PM
 #9

Let me tell you a secret. The art of price predictions is language and communications. Now take a look at the past big headlines about price predictions, both bull and bears.

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

McAfee made his prediction first, then others made charts for his model. So do not be fooled. Every prediction is a guess. Nothing more.

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bobo012
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April 23, 2018, 12:29:11 PM
 #10

When it comes to price forecasts, we see a lot of different opinions: who says bitcoin will go down to $ 900, who says it will go up to $ 100,000. In this branch, not only do I want to know by what signals and technical analysis you determine how much and when btc and other altcoins will cost?

I dont use technical analysis at all. I was always for the fundamental analysis. I find a good project and then wait for the market to achieve the right price. Technical analysis is good but not for me and not for such influential markets, which can be rocked by a media headline
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April 23, 2018, 12:31:32 PM
 #11

When it comes to price forecasts, we see a lot of different opinions: who says bitcoin will go down to $ 900, who says it will go up to $ 100,000. In this branch, not only do I want to know by what signals and technical analysis you determine how much and when btc and other altcoins will cost?

There are a lot of factors which determines altcoin prices with the first and foremost being Bitcoin price. It is fair enough to say that altcoin markets follow Bitcoin pairs and this is pretty much evident from data. Next comes developmental things like progress through the roadmap, new additions and implementations which usually push prices up.
Then again, it all depends on if the markets being controlled by whales who are manipulating prices and predicting accurate prices becomes a hard task.
Can you tell me all of those factors to determine the price of altcoin because i only know that in fact, it's unpredictable? When it comes to the low tier altcoins and then people can easily to pump it as they want.
The progress of development doesn't mean a lot right now. The only important thing is about the major trend of the crypto that affects everything in the crypto.

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April 23, 2018, 12:38:43 PM
 #12

Ok, many have become self-claimed crypto gurus and tried to make predictions. It is a volatile market and whoever says it can predict it, has no idea what is he saying.
As some have already stated above, have a worst-case scenario plan. AKA don't invest money you are not willing to lose. And if you watch football, you might be a winner too, because you can gen crypto without investing anything. FootballCoin gives you the change to be an online manager.
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April 23, 2018, 12:42:50 PM
 #13

To Predict the price of any Crypto , number of parameters are required to be taken care of. Do not Totally rely on technical tools only. use your own research before investing in any coin. My current suggestions are BTC, HXX, and BUZZ.
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April 23, 2018, 12:45:10 PM
 #14

When it comes to price forecasts, we see a lot of different opinions: who says bitcoin will go down to $ 900, who says it will go up to $ 100,000. In this branch, not only do I want to know by what signals and technical analysis you determine how much and when btc and other altcoins will cost?
It is impossible to predict or analyze the value of cryptocurrency. In this market can be guided only by logic, to draw conclusions on the basis of the situation. If you believe in cryptocurrency, it should be based on the fact that it will grow every year, so buy cryptocurrency and keep it for a long time will be logical. If the price increases for a long time and all the news trumpet records, sell, after the growth is always a correction of the market. If the market falls for a long time, respectively, we begin to buy parts with an eye to the fact that perhaps the bottom has not yet been reached.

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April 23, 2018, 12:51:18 PM
 #15

When it comes to price forecasts, we see a lot of different opinions: who says bitcoin will go down to $ 900, who says it will go up to $ 100,000. In this branch, not only do I want to know by what signals and technical analysis you determine how much and when btc and other altcoins will cost?
In predicting of the cryptocurrency price, it is not easy. You need an information and analyze things,you need to be an observer. Before you predict an price of the cryptocurrency you must know or you must have an data of the price chart every year and the dropping price amd the rising rate of it. Also you have to be ypdate every hours in the counmarketcap and lastly ypu need to be update about the problems in the market

Y U MAD AT ME
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April 23, 2018, 12:51:36 PM
 #16

When it comes to price forecasts, we see a lot of different opinions: who says bitcoin will go down to $ 900, who says it will go up to $ 100,000. In this branch, not only do I want to know by what signals and technical analysis you determine how much and when btc and other altcoins will cost?
Try to view video and read articles about trading and you can learn a lot from it. Technical Analysis really helps to predict the price. If you have knowledge to look at the candlesticks, you will never hear or trust upon the opinion of others regarding to the future price of the coin. Price prediction is a helpful way to gain profits in trading and losing of your capital may lessen if you know something with it.
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April 23, 2018, 12:52:37 PM
 #17

usually I make a price prediction based on the results of the research and see the previous price chart so I can determine which steps I should take next.

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April 23, 2018, 01:06:06 PM
 #18

When it comes to price forecasts, we see a lot of different opinions: who says bitcoin will go down to $ 900, who says it will go up to $ 100,000. In this branch, not only do I want to know by what signals and technical analysis you determine how much and when btc and other altcoins will cost?

The basic tools are used for price prediction which are very effective based on my experience is the support/resistance line and the fibonacci retracement. If you are really serious to learn the art of price prediction you should master these two TA tools which are very basic in traders.

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April 23, 2018, 01:07:25 PM
 #19

One of the biggest misconceptions about Bitcoin is that investing in popular digital currencies will generate wealth overnight, And they believe in unreasonable predictions, in the end there is only regret.
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April 23, 2018, 01:11:37 PM
 #20

It is all just blind prediction. They might show graphs or anything that will make it look like it is legit but at the end you can call it a wild guess. Everything is.

You cannot monitor every trading website for there are a lot of them. That is also one good thing about bitcoin and other alts. You dont know who will dump or who will buy again. Should everyone tell it? Grin

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