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Author Topic: Predictiing Cryptocurrency price.. Is it possible?  (Read 4091 times)
crocus
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February 15, 2019, 06:12:52 AM
 #481

I don't think it is possible to, cause cryptocurrency is very unpredictable, as we saw lots of crypto experts predicts that btc will have a bull run last year but its not maybe we could have a feeling if the coin will pump if their developers will have a huge marketing or more advertisements but it is a 50/50 we can't predict if the coin will pump 100% accurate.
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February 15, 2019, 06:23:44 AM
 #482

Why not? Despite the fact that crypto is volatile thing, you can still predict crypto movements with technical analysis and so on.
Yeah, it is possible scenario!
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February 15, 2019, 06:28:22 AM
 #483

To predicting cryptocurrency price, first you should know ICO price, then supply and running supply, than daily volume. Now your prediction could be right in future.
puremage111
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February 15, 2019, 06:30:29 AM
 #484

Well aside from fundamental base to realise whether project/coin will go up in price
Yes, basically you can know a coin's price movement judging from the price history
Although it is not 100% following, but at least the support and resistant level will always be tested
kingpin4321
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February 15, 2019, 06:42:32 AM
 #485

Predicting cryptocurrency price would most likely be an impossible task.
Even with the factors you the OP has listed above predicting the future price of cryptocurrency might be wrong but there are possibilities that you might come close
elzjmirra
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February 15, 2019, 07:00:34 AM
 #486

This crypto price changes because there are demand and sales. But the Crypto market is manipulated by large investors. And indeed this market is deliberately decreasing so many people sell coins. But this is only my guess and everyone certainly has a different opinion.
Savemore
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February 15, 2019, 07:03:51 AM
 #487

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?
Predicting the price of cryptocurrencies are possible but we can get an accurate prediction due to the volatility of the cryptocurrencies. There are many traders who are using indicators in order to know the what will happen to the price of the coin that they are trading.
wxganz
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February 18, 2019, 06:44:54 PM
 #488

All the fundamental factors are meaningless. Yes, they affect the market, but this is not enough to stabilize the market. There is no accurate forecast for the price of cryptocurrency. We will be in this position for a very long time.

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March 02, 2019, 03:44:07 PM
 #489

I guess I read this topic three or four months ago and what I thought back there was so different to what is going on now in the market! So really, no predictions just sharp observation.
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March 03, 2019, 04:37:56 PM
 #490

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?
Predicting the price of cryptocurrencies are possible but we can get an accurate prediction due to the volatility of the cryptocurrencies. There are many traders who are using indicators in order to know the what will happen to the price of the coin that they are trading.

You claim that predicting the price of cryptos is possible? What will Bitcoin's price be in 6 months from now? Just for fun and we will find out whether you are right or wrong (hint: you are wrong).

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chriseasan
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March 03, 2019, 05:01:05 PM
 #491

Unfortunately no, and I thought everybody knows it. There are absolutely no crypto experts because the market is still very young and volatile and it is extremely hard to predict the prices, but I think if you have enough knowledge in technical analysis, it would not be a big problem.
DeepChipolino
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March 03, 2019, 05:08:32 PM
 #492

Yes it can be fun. One of the analyst traders made forecasts, drew a lot of lines, patterns on charts. As a result, the price of BTC has changed dramatically and has break all his predictions. This I have seen several times in 2018. Now I do not pay attention to the forecasts Smiley.

martabaktelor
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March 03, 2019, 05:13:21 PM
 #493

everything can happen at Crypto and you also have to prepare for bad things or good things. Crypto is very difficult to predict and many predictions are not appropriate. All I can do now is stay alive and trade.
Haxor321
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March 03, 2019, 05:57:00 PM
 #494

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?
Predecting cryptocurrency price is really impossible because there are no any signs for you to see that their price will start to go up. The thing that you can only do with it is observing the price of every coin in the market if it will be in a low or high price.
playboy654
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March 03, 2019, 07:21:53 PM
 #495

Prediction is always a tough for situation for anyone if you made a lots of effort to predict the future in cryptocurrency it will not been work so going with the flow will be the right way for all of us to made a stronger position in this field for a long period of time.

Chomsy
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March 03, 2019, 07:54:54 PM
 #496

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?
Yes, you can observe some patters that people follow and this will help you make some presumptions on the price (not calling it predictions since that means it needs to be true at some point).

Some patterns I've noticed are around major events like tax days, celebrations etc.

Does following patterns actually work? I have always seen predictions as a way some people rob others of funds in the name of giving signals and sorts. If it really works, then I have to put on my learning shoes and get to work.
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March 03, 2019, 07:59:20 PM
 #497

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?
Yes, you can observe some patters that people follow and this will help you make some presumptions on the price (not calling it predictions since that means it needs to be true at some point).

Some patterns I've noticed are around major events like tax days, celebrations etc.

Does following patterns actually work? I have always seen predictions as a way some people rob others of funds in the name of giving signals and sorts. If it really works, then I have to put on my learning shoes and get to work.
What really works is that you start reading books of speculators and investors, not of technical analysis as such, where they teach you to understand the market, in those books they will talk about patterns, fundamental analysis, why they fail. That way you will have your own arguments to believe or not what they can tell you.

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March 03, 2019, 08:11:12 PM
 #498

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?
there is no possibility prediction here in this market but prediction is always important to go with the confidence and to clear what we are doing now without going any others thoughts will not be suitable in our time so we need to predict the future of cryptocurrencies how it can happen will be more important for anyone to stay in this field with your confidence.
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March 03, 2019, 08:11:37 PM
 #499

The chances of predicting the cryptocurrency development not be possible at anytime because we don't know what happened to the cryptocurrency in the next minute that we are doing the investment it will be positive or negative so managing your profits and last will be the work needed to done by you otherwise predicting is not our job to confuse our mind.

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March 03, 2019, 09:15:06 PM
 #500

Whatever our opinions are only predictions and don't know the truth, the market shows the weakest prices and changes at any time. I am confused about guessing Crypto prices in the future with the current conditions, maybe in the next few months there is a pretty good BTC increase above the price of $ 5,000 and the altcoin can touch the price of $ 1000.

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