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Author Topic: Predictiing Cryptocurrency price.. Is it possible?  (Read 4088 times)
Btc_1856
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January 25, 2019, 12:32:50 PM
 #341

I have seen many articles and emails predicting the price of cryptocurrencies in 2018, but in the end, they are not implemented, so I no longer believe that the price of crypto is predictable.

Exactly, even I faced this situation at the beginning of my crypto trading by following the telegram prediction channels but end up with loos. So instead of following other prediction, it is good to learn some technical knowledge about the cryptocurrency.

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January 25, 2019, 12:34:01 PM
 #342

cryptocurency is not the same as it was a few years ago that is easy to predict, we can predict it first by reading good news and that will definitely make crypto prices go up, but not now! no matter how good the news doesn't affect crypto prices, that's what makes it difficult to predict now

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January 25, 2019, 12:40:32 PM
 #343

Of course, there can not be a single and specific prediction of the price of any cryptocurrency! There are a lot of factors, including artificial overstatement, and then underestimation of the price for the purpose of banal earnings of large market players.
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January 25, 2019, 12:40:43 PM
 #344

in my opinion cryptoqurency cannot be predicted by anyone and does not focus too much on crypto predictions, once again this prediction is only part of logical thinking and is clearly not always right or unreliable. do your own research if you want to invest with crypto because predictions cannot be used as a benchmark price.

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January 25, 2019, 10:35:37 PM
 #345

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?

Concentrating on your subject, it is possible to predict the crypto currency price but it is not always accurate and not always true

It is more like a guess, and I do not think the prices are judged based on volume history or price trends
It’s based on the support limit and strength for that day
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January 28, 2019, 02:27:37 AM
 #346

Since you were asking if we can predict the price of cryptocurrency, the answer is yes. It's only a prediction,meaning we were just guessing what to happen in the future by using and relying into technical analisis, graphs and historical trends.
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January 28, 2019, 02:55:18 AM
 #347

Since you were asking if we can predict the price of cryptocurrency, the answer is yes. It's only a prediction,meaning we were just guessing what to happen in the future by using and relying into technical analisis, graphs and historical trends.
and everyone can predict, but each prediction is not always right, because the market is unpredictable and no one knows what the future of the market will be like.
we can guess by looking at the current market movements so we can predict the market will go up or down next.
all of that is not necessarily true and because it is purely from the market, and until now Crypto is experiencing a bad condition, even though in the previous year people estimated that by the beginning of 2019 it would rise high, and guess wrong.

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January 28, 2019, 03:22:00 AM
 #348

Yes, maybe we can predict the price of cryptocurrency, but don't just predict that you have the right analysis because this involves results, it's not easy especially with market conditions that are still up and down like now and nobody knows whether the predictions you make are right or not yet

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January 28, 2019, 03:28:39 AM
 #349

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?

What i think is predict of price is definitely possible by the charts but it is not a foolproof plan and there is still possibilities that the price might go the other way as what is predicted.

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January 28, 2019, 03:38:56 AM
 #350

How many times did we see those so called experts making lots of mistakes in their predictions?

A lot.

Which means means no one can call it accurately, lots of miss and hit and boom or bust. So step making bold prediction. If I have prediction they I will quietly keep it to myself and see how it goes for me. No need to brag it here in the forum if I hit or so that I won't also be like a fool if I miss it. You can listen to these so called experts, but still make your own decision.

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CryptoSmile
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January 28, 2019, 03:40:45 AM
 #351

Cryptocurrency is difficult for us to predict, sometimes going up in a short time and sometimes falling sharply at the same time, various ways are done to ensure the occurrence of cryptocurrency price movements, but in the end there are often price movements beyond what is predicted. I further see that the price movements of crypto currencies are often influenced by certain celebratory moments, and the chaos of world politics or economics. This is a cryptocurrency that we all know has a big risk of loss and promises big profits because the cryptocurrency is difficult for us to predict the price.
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January 28, 2019, 04:12:27 AM
 #352

Yes it's possible, 'prediction' — they are just predictions and not the certainity, take them as grain of salt.

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ethereumhunter
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January 28, 2019, 04:41:31 AM
 #353

We can predict cryptocurrency price, but the problem is we don't know if that predicting will happening or not because the market moves without any notice. But at least, we can get some clue by making a predicting so we can prepare for the good and bad situations if that happens later. I always make a prediction for myself, and I don't share to other people because I am afraid that what I draw, it can not become the reality of what is going in the market because I still learned until now.

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January 29, 2019, 01:21:11 PM
 #354

I think 2018 has shown that there are no crypto experts and people that can predict the market movements. Everybody was saying that 2018 would be even better than 2017 and that ETH will be on top. Nothing happened.
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January 29, 2019, 06:48:14 PM
 #355

I think it is possible, but only in conditions of upward movement in the market. In a falling market, there are 1 to 100 chances to guess the direction of movement.

You have answered this question yourself. It means that it is impossible to predict the market. Today, you get open the charts, the graphs, and see that everything is red. In the evening all marks can be green again.
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January 29, 2019, 07:11:34 PM
 #356

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?

Prediction is an effort that we do based on the knowledge we have to maximize our profits in crypto currencies. But unfortunately, not all predictions will be correct, but at least we have tried and continue to believe in our own predictions. I think there will be another bull one day and that is why I try to hold my coins especially bitcoin as long as I can. I can be right and I can be wrong but I am prepared for the worst one.

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February 03, 2019, 10:55:06 PM
 #357

In my opinion cryptocurrency have patterns to learn. When it will raise and when it will goes down. You can see the history of the chart and make a analysis on it. For example, the price of one or some coin raised up in the end of year. When at Q1 the price start goes down. This thing can happen again in the next year. But maybe in different price.
Yes I agree that the prices have some pattern on ups and downs. But really that pattern was not being programmed. The only thing they can rely is on the supply and demand of the cryptocurrency, which determines their ups and downs.

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February 03, 2019, 11:19:58 PM
 #358

In my opinion cryptocurrency have patterns to learn. When it will raise and when it will goes down. You can see the history of the chart and make a analysis on it. For example, the price of one or some coin raised up in the end of year. When at Q1 the price start goes down. This thing can happen again in the next year. But maybe in different price.
Yes I agree that the prices have some pattern on ups and downs. But really that pattern was not being programmed. The only thing they can rely is on the supply and demand of the cryptocurrency, which determines their ups and downs.

if you look at the historical chart the price movements of crypto coins from previous years are almost always the same every year, but also cannot be an accurate benchmark because the price movements of these coins are very difficult to predict and there will always be unexpected surprises that occur when - time.

supply and demand are one of the factors that have a significant impact on prices, but besides that trends from the market must be studied in more detail, even if at one time there was a large supply of demand on coins, but market trends were falling. will not be able to rise significantly.

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February 03, 2019, 11:34:31 PM
 #359

Predicting the cryptocurrency is next to impossible. Cryptocurrency is so volatile and that's why we can't not predicating about its prices.

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February 03, 2019, 11:43:23 PM
 #360

You're right. No one will be able to predict the exact price or the exact time when the crypto will grow. However, there are certain patterns in the market that can clarify the situation a little. Experience also plays an important role here. If you have been on the market for a long time, then perhaps you have some knowledge and understanding of how the coin can behave in this or that case.

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