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Author Topic: Predictiing Cryptocurrency price.. Is it possible?  (Read 4085 times)
Akpuv
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February 03, 2019, 11:48:39 PM
 #361

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?
No amount of historical data can aid you in predicting the price of cryptocurrencies correctly. Even the so call expert analysts cannot predict it. It is not in control of a single person.

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February 03, 2019, 11:53:30 PM
 #362

It can be predictable, many paid telegram channel for cryptocurrencies trading channel. From my point of view, I just look at the chart in High time frame that bitcoin, ethereum price still possible to be more cheaper than right now. For you guys who want to bug for long term, better if you wait little bit time untill btc's price hit $2k area.

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February 03, 2019, 11:56:38 PM
 #363

Impossible to predict. But it is possible to determine the price movement in the short term and it is not 100% guaranteed. No wonder there is a technical analysis that is used by successful traders in their bussnes. So there is some truth to this.
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February 04, 2019, 06:55:39 AM
 #364

Impossible to predict. But it is possible to determine the price movement in the short term and it is not 100% guaranteed. No wonder there is a technical analysis that is used by successful traders in their bussnes. So there is some truth to this.
Forecasts need to be carried out for each specific situation. If we analyze the trading volume and the news background, then we can understand the future price movement.
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February 04, 2019, 08:12:11 AM
 #365

I think high percentage prediction is very hard but we can collect some data which show it will go up or down. As we all know exchanges has also fake sell and buy orders technical analysis sometimes have big mistakes. For a better prediction we need to deal with everything at the same time.
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February 04, 2019, 09:08:01 AM
 #366

Impossible to predict. But it is possible to determine the price movement in the short term and it is not 100% guaranteed. No wonder there is a technical analysis that is used by successful traders in their bussnes. So there is some truth to this.
Forecasts need to be carried out for each specific situation. If we analyze the trading volume and the news background, then we can understand the future price movement.
Just like when i was trying to understand the fundamental behind the bittorrent and i decide to buy that yesterday and predicted if there will be a short term big increase yesterday and this day i got 50% return and it possible to predict as long as we understand the fundamental behind the project itself.

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February 04, 2019, 09:56:20 AM
 #367

Anyone can predict the cost of cryptocurrency, but the fact is that everyone will build on their values, so the forecasts will always be different!
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February 04, 2019, 10:16:10 AM
 #368

Unstable cryptography is the biggest minus of cryptography. For example, no one could have foreseen what 2018 would entail. It makes no sense to make a more long-term forecast in modern realities, since the picture of the cryptocurrency market looks extremely unpredictable.


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February 04, 2019, 10:18:08 AM
 #369

Of course it is possible, the main thing to take into account all the nuances that occur in the market!
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February 04, 2019, 10:25:36 AM
 #370

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 is hard to make exact predictions on the price of crypto. Else I would be a millionaire. But you can check trends of the price in the market based on the development of the project. I observe, crypto usually that is about to be listed tend to pump in its price. Also other major development can contribute in the price f crypto.
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February 04, 2019, 11:01:47 AM
 #371

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 is hard to make exact predictions on the price of crypto. Else I would be a millionaire. But you can check trends of the price in the market based on the development of the project. I observe, crypto usually that is about to be listed tend to pump in its price. Also other major development can contribute in the price f crypto.
Nice observation mate, it's commonly happened when such news appears you just need to be more attentive and be updated each time
when you are supporting crypto coins, since it's your money that in stake you need to be more careful and always be keen finding each
information that will leads you to a much successful assessment.
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February 04, 2019, 08:37:19 PM
 #372

Anyone can predict the cost of cryptocurrency, but the fact is that everyone will build on their values, so the forecasts will always be different!
Not only that the forecasts can bring great profit , I certainly have not seen as people who could predict when the growth will be

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February 04, 2019, 09:17:36 PM
 #373

Cryptocurrencies are so wildly volatile, sometimes it goes in the expected fashion and other times it doesn't especially when the bear market wants to hit, then no form of Analysis seems to ever work on it.
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February 04, 2019, 09:42:14 PM
 #374

The market is somehow under the influence of manipulations and is weakly resistant to them, and this adds a huge margin of error to any prediction calculations. Only technical analysis can shed more light.

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February 04, 2019, 09:51:53 PM
 #375

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. but still none of those experts who predicted that bitcoin and other altcoins are going to kick back by 2018. with the nature of cryptocurrency, everything that people say are just speculations and none of them are really able to predict what will be the status in the future. But because of holders desire to profit from their holdings, so they anticipate and speculate that somehow, this year or this month the table might turn for them.

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February 04, 2019, 10:35:23 PM
 #376

If you can do a good analysis, then you can guess in which direction the cryptocurrency price will go. The more long-term your forecast, the more difficult it is to make it accurately.
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February 04, 2019, 11:00:17 PM
 #377

This cryptocurrency is very interesting because it is a very large industry, especially for coin trading. And this pattern of rising and falling prices have made many people profit. But this is also not easy to do, like most ordinary markets. Where there are conditions at high tide and your condition is receding.

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February 04, 2019, 11:02:02 PM
 #378

There are already examples from experienced analysts who say in their reports that the cryptocurrency market does not lend itself to any analysis and forecast since this is a very young market and it needs more time to study it.
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February 04, 2019, 11:53:42 PM
 #379

in my opinion the price of crypto is very difficult to predict, even though many try to predict crypto prices but still it won't always be right, the crypto price is very volatile and is determined according to the demand and supply for coins, nobody can control it, so crypto prices are very difficult to predict

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February 04, 2019, 11:57:19 PM
 #380

There are already examples from experienced analysts who say in their reports that the cryptocurrency market does not lend itself to any analysis and forecast since this is a very young market and it needs more time to study it.
Don’t believe on any expert advice because its too hard to say that they make a prediction accurately trust only yourself. The market is young yet its hard to predict if its going grow or not. The price is unpredictable, it can change any time at no big reason always have your strategies.
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