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Author Topic: Predictiing Cryptocurrency price.. Is it possible?  (Read 4088 times)
bigdude
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June 28, 2018, 02:22:04 PM
 #141

No, it's impossible. If the market can prediction so all technical analysis guys will become a millionaire. It's only the good way to help you know and have better forecast the market than normal. And especially the crypto market is manipulated so this is impossible things

gensol
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June 28, 2018, 02:41:39 PM
 #142

Cryptocurrency price, by far now has been based on some sort of speculations and other activities of either the whales or the high pump and dump groups. The market is entirely very volatile at this moment. Let's take for instance how BTC price spiked up from below 6k to above 6k in some few minutes. That alone shows how unpredictable the space is as everyone was predicting a continuous downward trend but it managed to save itself within a very tiny frame.
bitcoinmux
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June 28, 2018, 06:21:49 PM
 #143

In Short No one can predict Cryptocurrency prices but there are several member who have ability to read the chart of the price and predict a near around prices of any coin but they are not damn sure about their predictions so please don't believe in anyone before investment just study the coin before invest.
hoami55
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June 29, 2018, 05:27:39 AM
 #144

i think that predicting the price is more possible, than predicting the way the price will move:) even fibonacci alone can make a good prediction. using several instrument in the same time gives more accuracy
Svelto
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July 22, 2018, 06:03:32 PM
 #145

I don’t think it is good enough to use technical analysis for predicting crypto prices. Fundamental analysis is more relevant. However by using both analysis, we can only try to predict the price, it won’t be 100% accurate.
husanlarisa
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July 22, 2018, 06:19:06 PM
 #146

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?

It's too early to make predictions
For making a solid predictions using technical or fundamental analysis you need to wait for decades
It's more predicted via volume (relativeness) and news.
phairan
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July 22, 2018, 06:22:59 PM
 #147

It's really hard to forecast the price trend of any existing cryptocurrencies because there are multiple factors which can affect the existence of cryptocurrency and it's growth. Also, the demand is important at predicting the approximate price, which, can't be easily calculated 
landysh007
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July 23, 2018, 07:17:01 PM
 #148

We have already seen many times how technical analysis could not predict the behavior of crypto currencies, so I do not understand why many rely on it. The market of crypto currencies is absolutely unpredictable, one can only make approximate forecasts based on a fundamental analysis.
raahi
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July 27, 2018, 11:17:40 AM
 #149

The prediction of the cryptocurrency price is extremely difficult unless you're the one who is causing the change, the market is so volatile and has so many plays that  The movement of each coin is affecting the value and is hard to track
seek4dream
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August 02, 2018, 03:15:59 AM
 #150

I don't think it is possible to make accurate predictions of cryptocurrency price.
The price is more likely to be affected by the market atmosphere or all kinds of news.
With that being said, I am optimistic that bitcoin will be pumped this year.
fempat
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August 02, 2018, 03:19:03 AM
 #151

I think it's much more better to say that we are predicting the price pattern. It;s very difficult to predict prices as it is a function of human behaviour which can surprise us most times.

sentoy
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August 02, 2018, 03:36:00 AM
 #152

the price of digital currency is good it does not depend on buyers, sellers and investors if the three three mutually support the price will surely soar good to enter the world market, and if not support each other would be weakened prices.

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Katya91a
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August 02, 2018, 03:41:28 AM
 #153

Recently, I began to notice that no predictions do not work. How many signals are both paid and free, but they do not work in the sagging market
dumplingsandsushi
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August 02, 2018, 03:41:45 AM
 #154

Yes, you can predict prices, just the same as you can predict stock market prices.
But price prediction has never been exact, instead it is a spread where you can estimate time frames and price ranges.

If you aren't already, you really should start doing this.
There are a ton of bots out there that can gather data and interpret it for you.
Making buy/sell point ranges and sticking to a quarterly profit goal are all very important.

Of course, crypto is a lot more volatile than traditional markets, but you can put that volatility in your calculations too.
If you really don't have the time to learn how to do this, you can try investing in a fund or a digital asset array.
These are portfolios that are managed by professionals that you can buy into.

sussan
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August 02, 2018, 03:46:08 AM
 #155

I don't think anyone can conveniently predict price of cryptocurrency. Cryptocurrency is so volatile that it can fail Technical analysis and Fundamental analysis just because of FUD.
People can try predicting, but no one can accurately tell
santouao
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August 02, 2018, 03:53:27 AM
 #156

Yes, is is possible for people that has a big influence in community like famous crypto enthusiasts and some famous youtubers can make a great impact in a cryptocurrency to be more adopted by people around the world but one thing I'm sure about crypto that it will reach a trillion dollar industry like gold.

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Wackyabby
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August 02, 2018, 03:58:14 AM
 #157

Some people as well as some bots have tried to predict crypto but it's a 50:50 chance kinda thing. It may or may not happen
Jaggi90
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August 02, 2018, 04:00:21 AM
 #158

Crypto market is unpredictable. Nobody knows wether the market will rise or fall. Even if the market is falling/rising , it is impossible to predict that how much it will fall/ rise. You can only wait for right time to invest in cryptocurrencies.
Ciucas
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August 02, 2018, 05:01:37 AM
 #159

From all that i have read from the experts, the fate of Bitcoin and the crypto market is to keep on rising untill it hits a marketcap of trillions of dollars. But it will take many years to get there, and it will have big fluctuations in this time.

DaWidyaa
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August 02, 2018, 05:20:43 AM
 #160

When I predict coin prices in the cryptocurrency world by looking at last year, I saw the development of coins at the beginning of the year, the middle of the year and the end of the year then studied in the current year and the results are mostly right.
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