PREDICTION IS SOMETIMES LIKE A FALSE PROMISE

[Kahoy01]

Last year saw many people predict BTC year-end prices, but nothing was validated with time. it is very difficult for BTC to reach predictable prices. Future price predictions fail to consider many factors and problems that may occur over time. Maybe, we can only estimate the value of assets for the next few days like weather experts.

Predictions are just guessing what will happen to price, we cannot predict the exact price of the bitcoin because of its unstable price. Like what happened last year,  people expect that the bull run will happen last december but there is no bull run that happened.

[mriansa]

lots of predictions that are not too precise sometimes their predictions miss too much or too little and you should be able to avoid some channels that have such predictions because maybe you will be stuck at an expensive price, or if you want to take advantage of existing predictions then maybe you can use it by taking the price in the middle of the predicted.

[darewaller]

Predictions are just guessing what will happen to price, we cannot predict the exact price of the bitcoin because of its unstable price. Like what happened last year,  people expect that the bull run will happen last december but there is no bull run that happened.

Not just guess-work. Predictions should be derived through strong technical analysis and due to many peoples are just blabbering what strikes in their mind, many people are not having good opinion about predictions and speculations. Even we cannot predict the exact price levels, we can approximately sure about where the market will be turning around. This is how usually predictions are working but only with the help of God, you may find exact predictions by foreseeing the future.

if you want to take advantage of existing predictions then maybe you can use it by taking the price in the middle of the predicted.

You mean you should not wait for actual target to be achieved and you should like to book in the middle itself ? You sound like you're good but this way you cannot enjoy all the long markets as you will be securing your capital in the middle itself. I understand this is a safer way of trading but definitely will be less profitable.

[DonFacundo]

well they thought that the year ends will pump the prices of cryptos just like happened in the year 2017, the month of December was pump that time so they predict that it will be the same of 2018, but nothings happen so we should move on now and be positive this year.

[ausbit]

Last year saw many people predict BTC year-end prices, but nothing was validated with time. it is very difficult for BTC to reach predictable prices. Future price predictions fail to consider many factors and problems that may occur over time. Maybe, we can only estimate the value of assets for the next few days like weather experts.

I hardly believe predictions that has to do with bull run, they are mainly false predictions by some enthusiasts who just wants to make stupid noise and deceive others. Some of them do this because they think doing it will help the crypto market but rather it is killing it.

Cause you tell lies to people and when it doesn’t happen they make up their mind to quit. Didn’t you see that all the predictions they made last year about bull run was all false? So there is no need to believe them, just hold while you can and have patience.

[jademaxsuy]

Yes and I have been hoping something when I invested on BTC. The market price had been so rough that instead of expecting the bull run but it happens that market became bearish and the last thing I know that my money had been cut into half. I lost some when I trade due to fear of uncertaintity that BTC might going to end. For now, I think I may still be able to recover it by investing now and if things will go right definitely I can recover it.

[rysea2]

Yes of course, predicting something for the future is indeed a very difficult thing to do because as time goes by there are always obstacles and obstacles to prevent what we have hoped for in the past. It might make more sense if we only predict within a short period of time such as days or weeks.

[Rebisco]

Last year saw many people predict BTC year-end prices, but nothing was validated with time. it is very difficult for BTC to reach predictable prices. Future price predictions fail to consider many factors and problems that may occur over time. Maybe, we can only estimate the value of assets for the next few days like weather experts.

That's why predictions and speculations must just be consider as reference and not as a main factor when making a certain strategy. It will just ruined the whole analyzation if people will based on it purely.

Speculations and predictions at most of the cases always gotten spoil by a certain sudden trend that will come.

Don't blame the prediction itself why people got disappointed. It's depend on our own hands how to deal with the market. Being optimistic and true believer is not enough. People have to do something in order to gained even on a bearish market.

Prediction is not always correct, do not believe to the prediction of the others. Do you know why many traders who keep losing their money? it is because they are believing to the misinformation that keep spreading in the market.

[eaglewhite80]

Last year saw many people predict BTC year-end prices, but nothing was validated with time. it is very difficult for BTC to reach predictable prices. Future price predictions fail to consider many factors and problems that may occur over time. Maybe, we can only estimate the value of assets for the next few days like weather experts.

prediction is still a prediction, no one can accurately estimate the right BTC price, but in my opinion it can be seen from the existing btc historical chart and from that graph we can estimate where the current BTC price is

The thing about being a trader in any market is to always plan ahead on possibilities while managing risks at the same time. Market are meant to be predicted on what could happen, but predictions are not meant to be relied on completely no matter how well or much you think you are right or you believe the market will move in the direction you think. It is a market, and it will always be unpredictable, but the thing is that with some analysis, you can make some assumptions which can be considered as predictions, but they are just speculations and that is all we basically do as retail traders or investors.

[Harley29]

well they thought that the year ends will pump the prices of cryptos just like happened in the year 2017, the month of December was pump that time so they predict that it will be the same of 2018, but nothings happen so we should move on now and be positive this year.

Well mate no year remain the same it must get change so I am holding for making distance with those who are spreading and making bad prediction just to distract us. I can hold because I have no doubt about the ability of the coin I am holding I invested to earn. I think I will get positive output at the end of 2019.

[South Park]

As long as bitcoin high volatility hasn't been addressed; pumps and dumps and high rates of manipulation still at large, 95% of all predictions will still be untrue. Not because proper analysis wasn't done before the predictions were reached but because of other factors beyond the control of the predictors (experts alike). That is why it is very dangerous to make trading decisions solely on predictions.

There is nothing to address, the volatility of bitcoin will have to decrease on their own and with time it will but even with the volatility there have been cases of people getting their predictions right but as time passes I think they were just lucky, after all if there are a million predictions about what the price of bitcoin will do some of those are bound to be right.

[greeklogos]

Totally right! I remember there were a lot of topics in November about users prediction of bitcoin's price by the end of the year. And it was hard to predict bitcoin's move a month far. All of those analysts and calculations lead us novhere, cause of bitcoin seemed unpredictable.

[tidus1097]

If a trader relies on prediction, then yes, it's a false promise.
But if they use prediction as a reference to scale their targets then, no it's not.

Human beings by nature predicts on various different things. Prediction will always occur no matter how things progress with time. Similarly predictions to Bitcoin pricing will continue.

[basty03]

Last year saw many people predict BTC year-end prices, but nothing was validated with time. it is very difficult for BTC to reach predictable prices. Future price predictions fail to consider many factors and problems that may occur over time. Maybe, we can only estimate the value of assets for the next few days like weather experts.

Well we cant not know what will be happen anytime that's why theres a prediction and speculation but still time will say what will be happen to us in the crypto and what will happen in crypto. We are the still can decide for everything it comes in our investment in crypto.

[ralle14]

Totally right! I remember there were a lot of topics in November about users prediction of bitcoin's price by the end of the year. And it was hard to predict bitcoin's move a month far. All of those analysts and calculations lead us novhere, cause of bitcoin seemed unpredictable.

Even if one of them got it correctly it won't lead us anywhere and it's expected that most of them aren't accurate.

prediction is still a prediction, no one can accurately estimate the right BTC price, but in my opinion it can be seen from the existing btc historical chart and from that graph we can estimate where the current BTC price is

Looking at the charts because there's a certain pattern can be misleading. The whales could ruin that pattern by manipulating the prices. We can use it as a guide but I wouldn't rely on the old price trends that much.

[BeGoods]

lots of predictions that are not too precise sometimes their predictions miss too much or too little and you should be able to avoid some channels that have such predictions because maybe you will be stuck at an expensive price, or if you want to take advantage of existing predictions then maybe you can use it by taking the price in the middle of the predicted.

Come on nowadays any user can speak freely. they can speculate and predict the price of a coin based on their calculations or desires. thats why many predictions are missed because there are users who are not capable doing speculating. we must be smarter in sorting out good predictions.

[wuvdoll]

Come on nowadays any user can speak freely. they can speculate and predict the price of a coin based on their calculations or desires. thats why many predictions are missed because there are users who are not capable doing speculating. we must be smarter in sorting out good predictions.

If you speak on your own desire, hopefully no one will follow you after certain amount of time. I mean to say only when you remain accurate, there will be some support for your predictions and basically for all your actions. Moreover, you cannot speak anything freely but only with the support of enough evidence, meaning of freedom of speech doesn't mean like you said. Here in this forum people are speculating only based on their own analysis/calculations. At the same time we cannot do anything about when a prediction goes wrong or hitting perfectly, for both the cases.

Prediction and speculations are only guidelines and should not be taken as accurate calls for trading purposes. It is always emphasized here, people should go for their own analysis for trading but to get the overall idea about the market and its direction they may use what people do suggest here.

[nur rochid]

lots of predictions that are not too precise sometimes their predictions miss too much or too little and you should be able to avoid some channels that have such predictions because maybe you will be stuck at an expensive price, or if you want to take advantage of existing predictions then maybe you can use it by taking the price in the middle of the predicted.

Come on nowadays any user can speak freely. they can speculate and predict the price of a coin based on their calculations or desires. thats why many predictions are missed because there are users who are not capable doing speculating. we must be smarter in sorting out good predictions.

I think every prediction is worth our appreciation, because no one knows the certainty in the future. there are many predictions coming out of everyone, and a lot of mistakes in 2018, but we should take lessons from it all

[jhongzjhong]

lots of predictions that are not too precise sometimes their predictions miss too much or too little and you should be able to avoid some channels that have such predictions because maybe you will be stuck at an expensive price, or if you want to take advantage of existing predictions then maybe you can use it by taking the price in the middle of the predicted.

Come on nowadays any user can speak freely. they can speculate and predict the price of a coin based on their calculations or desires. thats why many predictions are missed because there are users who are not capable doing speculating. we must be smarter in sorting out good predictions.

I think every prediction is worth our appreciation, because no one knows the certainty in the future. there are many predictions coming out of everyone, and a lot of mistakes in 2018, but we should take lessons from it all

As what they have said above, predictions are just guessing only and this is not the main fact at all. You can gather references them but you can't rely on their statement. Even those people claiming their selves as an expert in predictions but now, they are failed on guessing in Bitcoin price movement. Just simple comparing previous graph price and then make predictions whereas every one of us having a perspective prediction.

[Lexurdania]

Last year saw many people predict BTC year-end prices, but nothing was validated with time. it is very difficult for BTC to reach predictable prices. Future price predictions fail to consider many factors and problems that may occur over time. Maybe, we can only estimate the value of assets for the next few days like weather experts.

Prediction and analysis could be wrong in any market. I am believe no one expecting this bear market and the price drop below $3500 because anyone think bitcoin will reach $50k like few expert predicted. Many fake news in 2018 and its make investor panic with market condition but i am believe cryptomarket will survive and bounce back