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Author Topic: Predictiing Cryptocurrency price.. Is it possible?  (Read 4088 times)
Chemcrier
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March 03, 2019, 09:24:06 PM
 #501

I might be fairly new in the cryptocurrency space and not know much about Cryptocurrency trading  is that it is highly volatile and can hardly be predicted.

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March 03, 2019, 09:28:38 PM
 #502

I don't think this is possible, this space is volatile and predicting the price of any coin now will not be possible, most especially owing to the way the market is now. Many predicted the price of most coins but that didn't happen.
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March 03, 2019, 09:40:55 PM
 #503

Past performance are not gurantees or yardsticks for future performance. Technical analysis (often based om previous data)are only a representation of a probable event as regard the behaviour.while T.A is helpful,no one can give actual price btc will sell at any given time
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March 03, 2019, 09:48:58 PM
 #504

Market price and coins value is volatile and unpredictable. So,if you predict sometime or mostly go wrong. You need to study the graph if you are a trader but if you just buy and hold,i think you just wait patiently even you have a prediction because prediction has no accuracy.

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March 04, 2019, 09:50:26 AM
 #505

Market price and coins value is volatile and unpredictable. So,if you predict sometime or mostly go wrong. You need to study the graph if you are a trader but if you just buy and hold,i think you just wait patiently even you have a prediction because prediction has no accuracy.

Even those who use technical analysis get wrong half of the time. You just have to make a call as a TA analyst and then hope that it's right and everybody thinks you are a guru.

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March 04, 2019, 09:59:11 AM
 #506

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.

Thats just a moment and i think not affecting on big picture. We can predict market movement using technical analysis like candle pattern. But its require dicipline and patience when we make trade in volatile movement and not our prediction always right
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March 05, 2019, 09:39:42 PM
 #507

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.

Thats just a moment and i think not affecting on big picture. We can predict market movement using technical analysis like candle pattern. But its require dicipline and patience when we make trade in volatile movement and not our prediction always right

A lot of technical analysis and pattern recognition failed during 2018. I remember some making predictions and it didn't work out only by looking at the past.

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March 05, 2019, 11:57:29 PM
 #508

although there are fundamental factors that affect crypto prices but crypto is still impossible to predict correctly, crypto is very volatile and prices can change at any time according to market conditions
My advice is not to be too confident in predictions, many predictions do not occur, for example last year many predicted that by the end of 2018 crypto prices will experience a high increase but in reality crypto prices have experienced a decline and difficulties to rise again

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March 06, 2019, 01:28:28 AM
 #509

although there are fundamental factors that affect crypto prices but crypto is still impossible to predict correctly, crypto is very volatile and prices can change at any time according to market conditions
My advice is not to be too confident in predictions, many predictions do not occur, for example last year many predicted that by the end of 2018 crypto prices will experience a high increase but in reality crypto prices have experienced a decline and difficulties to rise again
Well i think we can really make a prediction by our self but we all know that every prediction has no assurance at all. Predicting the price is really impossible to do specially in crypto. Everything in crypto is really unpredictable because the price is always change due to the unstable volume of investors that invest on different amount and also sell in different amount so we cannot really have an assurance on it.
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March 06, 2019, 01:56:12 AM
 #510

Most price forecasts  are based on either fundamentals and/or technical analysis and work on so long as the big trend remains same. Once it changes, it takes a while for those to adjust to change in trend and be somewhat correct again.
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March 06, 2019, 02:00:44 AM
 #511

Yeah it is possible and too many experienced traders are doing it on their technical analysis very often. However that prediction is not 100% success, they also failed in predicting the future price. But the good thing is you know when will it go up and when it will go down.

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March 06, 2019, 02:09:48 AM
 #512

Predicting cryptocurrency prices is not easy, maybe because of its fluctuating nature it is difficult to predict even by an expert, now the crypto condition is still not stable but we must remain confident and believe this condition will recover and everything will run normally

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March 06, 2019, 03:41:50 AM
 #513

It's really possible to predict coins prices but it doesnt work always, maybe the market will have some bad news and everything could turn into a bad status.But, Analysis and Researchs are the greatest way to predict the upcoming movement of a coin or a token, not an exact way but a prediction that might happen and might never happen..
I guess the crypto currency is not possible because the risk in investment with crypto currencies is price and value cannot be predicted with certainty confidence and patience are the main capital in investing in crypto currencies
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March 06, 2019, 03:54:47 AM
 #514

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?

The price of cryptocurrency can be predicted through steady monitoring but you can never trust your predictions a 100% because you never know when a major whale will want to dump their tokens. So it's just to take it as you see, invest when the price is low so you have a better chance at reaping when it begins to grow

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March 06, 2019, 04:08:22 AM
 #515

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?
I agree if prices will occur in the future based on historical price trends. Now entering 2019 and Crypto prices are still struggling to grow. This year I think a trade will be more profitable. Because the situation is based on a low price.

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March 06, 2019, 04:32:04 AM
 #516

I believe that it is impossible to predict the price of the cryptocurrency. Crypto market is very volatile and catch every reason for the rise / fall even simply physically impossible. However, we can predict the growth / decline in prices depending on the events (big news)
it is one of the risks in investing with crypto currencies and by understanding all of our risks will make us have confidence and patience in investing because the crypto currency predictions will not be predictable with certainty
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March 06, 2019, 04:40:06 AM
 #517

We cannot exactly predict the crypto currency price as i had seen that it always depends on supply and they demand in the market, if we could predict the price probably we know when we gonna put our investment and maybe we all gonna rich here.

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March 06, 2019, 05:11:40 AM
 #518

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?
That can be possible but not all the time it can be applied. Why? Predictions are just predictions and there are no accurate predictions. Some predictions are just near to their predictions but there is no exact thing can make it possible to predict the exact price of cryptocurrencies.
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March 06, 2019, 06:00:07 AM
 #519

Of course there is possibility of predicting crypto currency price we must have look at the price chart  when they take high and low of their prices, predicting the crypto currency price we must have to analyze the possible flow of price in the market.
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March 06, 2019, 06:54:37 AM
 #520

People uses lot of techniques to find the movement of the crypto currency pries and theya re predicting based on what indicator they were using but the predictions are individual opinions so it may not happen and it is not possible to find accurate price movement.
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