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Author Topic: Predictiing Cryptocurrency price.. Is it possible?  (Read 4088 times)
EzatorFI
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June 21, 2018, 10:00:29 AM
 #121

As you know, the cryptocurrency market can see huge changes in a matter of few minutes, making it very unpredictable. However, there are some fundamental factors which can influence the prices of any cryptocurrency. Prediction of Cryptocurrency future price are base on two factors 1) Historical price trends 
(2) Historical volume trends. So,  there can not be a single and concrete prediction of any Cryptocurrency because of the very nature of cryptocurrency.

What is your view about Cryptocurrency price?

On all assets, whether gold or Bitcoin there can not be accurate price forecasts. All predictions are simply a set of probabilities that are more or less likely.
alexey8080
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June 21, 2018, 10:27:04 AM
 #122

My answer is No.
The market is very manipulated at the moment, so The price of cryptocurrency is unpredictable.
muratdur
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June 21, 2018, 09:50:00 PM
 #123

 I think the better word here would be anticipating because I believe that we cannot predict it and be sure about it, it is way too volatile for doing that

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kakawin
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June 23, 2018, 08:32:50 PM
 #124

We can not even predict the exact weather for a few days ahead, which is much easier than predicting the behavior of crypto currencies. The price is too dependent on the influence of large players. We could predict the behavior of the crypto currency only if we had a time machine, but so far it has not been invented yet.
zero4five
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June 23, 2018, 08:40:38 PM
 #125

In the situation of overbought market or because of the disappointment in the capabilities of a particular crypto currency, a price reduction occurs, sometimes including panicky "plums" of the asset, which are accompanied by an additional drop in its rate, and are therefore particularly favorable for purchase. The state of overbought and a serious decrease in the price of an asset are quite normal consequences of rapid growth and normal elements of general growth.
Megababa
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June 23, 2018, 09:24:49 PM
 #126

I'd like to see predictimg crypto as predicting a football match. When predicting you might put the outcome of historical events in consideration and in mind but at the end of the day you might be right or wrong. In my opinon what you see now is what you get in crypto.
DEVIDIRUS
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June 27, 2018, 02:55:26 PM
 #127

No it's not possible. You can analyse coins you've bought and calculate their future, but there always will be a chance that everything will go down
raldix00
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June 27, 2018, 02:58:16 PM
 #128

Yeah even my friend believe on it. History are always repeated here in crypto thats why he always holding here bitciloin till december. And foe me its not possible to predict the price of the market as long as you know the trend of the market
Palider
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June 27, 2018, 03:01:19 PM
 #129

Yes it is possible to predict cryptocurrency market movement but you need skill, experience, and knowledge about it. Only expert analyst can predict only a slight change in crypto but they cant predict the entire future of coins because everyday there is always changes in cryptocurrency thus it is extremely hard to predict but still it is possible.
yatogami
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June 27, 2018, 03:19:55 PM
 #130

As you know, the cryptocurrency market can see huge changes in a matter of few minutes, making it very unpredictable. However, there are some fundamental factors which can influence the prices of any cryptocurrency. Prediction of Cryptocurrency future price are base on two factors 1) Historical price trends 
(2) Historical volume trends. So,  there can not be a single and concrete prediction of any Cryptocurrency because of the very nature of cryptocurrency.

What is your view about Cryptocurrency price?
Nowadays making predictions is almost impossible, since there are too many bad news related to crypto world.
The whole industry can rapidly go down just because of the activities of a single governmental body in the USA.

autotoss
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June 27, 2018, 07:34:32 PM
 #131

Sure! You can predict the price easilly, but no guarantees, that your prediction will be right. LOL. For example, I have read all those threads about the rapid growth in the middle of 2018, and yet, we all red still..
ngocnga0051
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June 28, 2018, 10:15:45 AM
 #132

when market is green, you'll see tons of technical analysts out there selling signs,but once market turns red,all of them just disappear.this market can't be predictable as it's controlled by whales mainly.don't try to chase the trades.learn risk management with some S&R and you won't need to predict anything.
Russlenat
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June 28, 2018, 10:39:24 AM
 #133

I want to believe on crypto prediction by the crypto analyst because it was predicted before when the price increase last year and they also predict of bitcoin price this year, whatever they are right or wrong we should take the risk of it because it is also an opportunity, hopefully that they are right.

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shollyen
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June 28, 2018, 01:08:49 PM
 #134

Well,  we all try to predict to know how safe we r while putting in money to invest.. It's all a guess work, on some occasions predicting based on data and some other conditions people could be right but not all of the time
tyronecoinbit
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June 28, 2018, 01:13:30 PM
 #135

I want to believe on crypto prediction by the crypto analyst because it was predicted before when the price increase last year and they also predict of bitcoin price this year, whatever they are right or wrong we should take the risk of it because it is also an opportunity, hopefully that they are right.

Yeah, as we think positive outcome in the future of crypto currency as we expect a great amount of profit in the future. Basically, we just wish to increase as what some analysts  predict the possible outcome of the value of different crypto currency. I also believe someday as what was happened last year will happen again, I would say by the end of this last quarter of this year will increase the value of the crypto currency that we have.
Fatimah Azzahra
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June 28, 2018, 01:56:08 PM
 #136

yes, maybe it could all happen.
but you need to know that basically predictions are guesses.
and guess is just a guess like a game of ball that we can analyze through the instincts we get from previous events that we know.
may happen, may not happen either.
for now the market conditions are getting more and more day down, it is very difficult to guess and predicted when it will recover as before, only time and circumstances that can answer your prediction all that is in this forum.
isen
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June 28, 2018, 01:58:55 PM
 #137

Even after the first big fall of the market, it became clear that no one is able to predict the price movement for any long-term currency.
yerger
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June 28, 2018, 02:14:33 PM
 #138

We can't predict appropriately but maybe there is still little chance for that guess really happen. We also can guess from big event that will happen in the future that will affect for crypto market.
merrillolive
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June 28, 2018, 02:16:28 PM
 #139

Electronic gadgets are hard to predict right now, so many people have speculated that in June the price of atlcoin will rise, and they're sure of it, but today altcoin prices are always on the rise. difficult situation.
honghe99
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June 28, 2018, 02:19:15 PM
 #140

The price of cryptocurrency is unpredictable because there are too many factors that can affect it. Negative news, national policies, laws and regulations can all have a considerable impact on it, so it is difficult to achieve this.

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