Can anyone or experts still predict/ forecast cryptocurrency nowadays?

[Altcoinboss]

This question of "Can anyone or experts still predict/ forecast cryptocurrency nowadays" keep ringing in my head because early last year there were different predictions about the rise of the crypto market in general from the so called "crypto experts" and "analysts". But to my greatest surprise, at the end of the year I could only see maybe one out of all the predictions I read about becoming true.

This makes me deduce that the crypto market can't be predicted to some extent.

Want to know people's view on this. Thanks

[ChiNgadOr]

markets are unpredictable... regarding  cryptpomarket, is still more difficult to have an accurate forecast because of the high volatility. Anyway, it is pretty clear to me , that marketcap will rise in the longterm (more than 5 years), and this will become mainstream maybe in one decade, so less fiat will be used. why? because the benefits of crypto are obvious!

[BitcoinHodler]

one thing that i have learned in the past couple of years is that if someone is actually a real "expert" he is not going to be wasting his time posting on the internet about his "predictions" ever.

so in other words whenever you see someone  who is claiming to be an expert and giving people predictions, then be sure that someone is full of shit.

to answer your question, yes it is possible to predict the market but why would anyone share it with others for free? all those who share are doing it for profit, it may not be coming from you "buying" it from them but it is profit nonetheless for example when they hype some shitcoin to be able to dump it at a higher price.

[tabas]

Your thought is correct. Crypto market cant be predicted, you'll never know what will happen to the market, about the price and events that can change few things in the market. Lucky you are because you have heard one accurate prediction, well to my memory I havent heard any of them got a valid prediction.

[NeuroticFish]

Want to know people's view on this. Thanks

Unfortunately no. On very long term, maybe. For when the "crypto winter" ends.
Probably many will still try, basically to see their name in the news. And probably many will make such predictions to show they (and their business!) do believe in crypto "and you should do to".


On the brighter note, despair is the last phase before the markets recover and maybe that's exactly where we are now. So maybe the better days are not that far.

[patrickrn32]

Want to know people's view on this. Thanks

Unfortunately no. On very long term, maybe. For when the "crypto winter" ends.
Probably many will still try, basically to see their name in the news. And probably many will make such predictions to show they (and their business!) do believe in crypto "and you should do to".


On the brighter note, despair is the last phase before the markets recover and maybe that's exactly where we are now. So maybe the better days are not that far.

There is not much to add to that!
It is simply impossible to predict anything .. especially not the bottom!
In the long term you may have a higher chance, if you just speculated on the cryptos remain and prevailed

[JeffBrad12]

This question of "Can anyone or experts still predict/ forecast cryptocurrency nowadays" keep ringing in my head because early last year there were different predictions about the rise of the crypto market in general from the so called "crypto experts" and "analysts". But to my greatest surprise, at the end of the year I could only see maybe one out of all the predictions I read about becoming true.

This makes me deduce that the crypto market can't be predicted to some extent.

Want to know people's view on this. Thanks

The question is how can you predict the volatility of the speculative market.  Not only those have claimed themselves as crypto expert. But there was someone who has even claimed himself as real satoshi nakamoto.
The crypto market can be affected by so many factors. That creates unstable condition to the market.

[Ararbermas]

On this current situation of the market probably there's still can but in my view not 100% sure , because market become very unpredictable after the another previous results of the movement of growth rate which is expectation is progress but opposite happened . That's why nowadays  experts are confused. for me it's not reliable to rely on others predictions which much better to make a TA with our own risk to prevent regrets because mostly predictions nowadays has an opposite direction in my view.

[Oceat]

This question of "Can anyone or experts still predict/ forecast cryptocurrency nowadays" keep ringing in my head because early last year there were different predictions about the rise of the crypto market in general from the so called "crypto experts" and "analysts". But to my greatest surprise, at the end of the year I could only see maybe one out of all the predictions I read about becoming true.

This makes me deduce that the crypto market can't be predicted to some extent.

Want to know people's view on this. Thanks

Everyone can predict if they want to but not as many as the experts in predicting can really predict the result, people can only speculate because they don't know what's in the future. If you want a live update about of the situation in BTC then I will recommend you this board. A lot of people there who do trading make good speculation about the situation in the market.

[Javi_Anibarro]

markets are unpredictable... regarding  cryptpomarket, is still more difficult to have an accurate forecast because of the high volatility. Anyway, it is pretty clear to me , that marketcap will rise in the longterm (more than 5 years), and this will become mainstream maybe in one decade, so less fiat will be used. why? because the benefits of crypto are obvious!

If we are talking about the actual movement, nobody can read that absolutely. But he was talking about some expert trying to predict the future, and obviously everybody can do that right now. Even you, me and other people on this thread can do that. And about our total marketcap, nobody can guarantee us anything whether it is going to rise again or not.
remember, right now cryptocurrency is pure of speculation. The value is created based on speculation and hype unless we have something called a real usage in our real-life. There is no guarantee that cryptocurrency will survive for a long time.

[bttmember]

I think most people have stopped predicting now a days due to consecutively and repeatedly proven wrong including the genius mr. Mcafee as well. I have seen even the biggest shillers and bull fans silent now and this may end up in a big bull run itself, yes market is tricky

[Newtl]

Price Predictions i heard are either in the favor of the Predictor or have Value without being predictions in first place, either way
when you try to follow them you should not end up believing without making your own view on it.

Personally i have the Opinion that many things are not Real and should entertain people to be in the favor of a certain Topic/Project and therefor lead into the Hype/Pump/Prediction of a Predictor.

Sounds like Populism 101 

[Thanasis]

This question of "Can anyone or experts still predict/ forecast cryptocurrency nowadays" keep ringing in my head because early last year there were different predictions about the rise of the crypto market in general from the so called "crypto experts" and "analysts". But to my greatest surprise, at the end of the year I could only see maybe one out of all the predictions I read about becoming true.

This makes me deduce that the crypto market can't be predicted to some extent.

Want to know people's view on this. Thanks

No one can exactly say what will going to heppen so don't care about prediction based on their assumptions or even by same technical analysis since we already knows that the market will not be act same as before.

You can predict the prices based on your own opinions and move your investment plans on it just doesn't respond to others.

[Esterklu]

I do not believe anyone, because it's difficult to determine which of them is an expert, two can be completely opposite predictions. Particularly impressive are the 'experts' who came to this field less than a year ago and teach everyone as if true gurus. I have my own opinion, I listen to intelligent and experienced people, but cryptomarket is really impossible to predict.

[South Park]

This question of "Can anyone or experts still predict/ forecast cryptocurrency nowadays" keep ringing in my head because early last year there were different predictions about the rise of the crypto market in general from the so called "crypto experts" and "analysts". But to my greatest surprise, at the end of the year I could only see maybe one out of all the predictions I read about becoming true.

This makes me deduce that the crypto market can't be predicted to some extent.

Want to know people's view on this. Thanks

Analysts give the best prediction they can with the data that they have but the farthest away you try to predict the harder it is, and when we consider the volatility of the market of cryptocurrencies that is many times higher than other markets this means that trying to predict what is going to happen in one year is the equivalent to try to predict what will happen in other markets during the next decade, this should put in perspective how difficult it is to get your predictions right and why almost no one does.

[batang_bitcoin]

I think most people have stopped predicting now a days due to consecutively and repeatedly proven wrong including the genius mr. Mcafee as well. I have seen even the biggest shillers and bull fans silent now and this may end up in a big bull run itself, yes market is tricky

Many predictions failed and they don't to be humiliated to the fact that many thinks it's going be the same this year.

Some FUD never stops but as much as predictions to the market, they haven't stopped at all. Everyone is just tasting and balancing to have that kind of better prediction than last year.

[ChiNgadOr]

One more thing i almost forgot.. Nowdays there supposed crypto gurus and advisors, are proliferating like cockchroaches. Many of them try to make the crowd think they are some kind of genius.. but in last instance they really dont have any idea,  just promote themselves while taking advantage of the ignorance of people willing to invest. SO, better do your own research instead of trusting anyone.

[Dragonrage201]

In a bull market, everyone is a genius predicting higher and higher prices. Very few get it correct in a long bear market like 2018.

[sheynlee18]

No experts can predict the volatility of crypto at the first place until now their predictions only came from in the analysis of the market chart and this does not hold a strong grip that they can predict the market future! Market is so very unpredictable and the only people that can manipulate a crypto price are those whales who holds a very large volume of crypto & fiats which could move a price in an instant with just a single sell off's.. but still those predictions can be our guide in holding or selling our crypto's and by reading their statement we will have an idea for the next step of the crypto..

[PanGiMoon]

This question of "Can anyone or experts still predict/ forecast cryptocurrency nowadays" keep ringing in my head because early last year there were different predictions about the rise of the crypto market in general from the so called "crypto experts" and "analysts". But to my greatest surprise, at the end of the year I could only see maybe one out of all the predictions I read about becoming true.

This makes me deduce that the crypto market can't be predicted to some extent.

Want to know people's view on this. Thanks

Only for a short time, unfortunately many factors that help volatility become unpredictable. I hope that steps will be taken soon to change this.