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Author Topic: Can anyone or experts still predict/ forecast cryptocurrency nowadays?  (Read 18275 times)
BitcoinHodler
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February 02, 2019, 12:52:15 PM
 #41

No. Check out forecasts of experts according to BTC price in 2018 year, all of them expected 30-50 k for BTC and only a few of them predicted 3000.
It is about luck and clear vision

nobody predicted $3000. don't be a fool. all those who said low prices such as $3k never stopped there, they were saying all kinds of nonsense about bitcoin. not to mention that they were saying it long before the rise even ended! for example most of those who have been talking about bitcoin drop were saying price is going to drop to $1000 back when it was $1200 and was rising up towards $20,000

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February 02, 2019, 05:44:17 PM
 #42

Remember this one and easy fact about crypto space: There are no experts here who can tell you how the market reacts with the coming hour, day, month or a year. Telling and forecasting cryptomarket precisely. If somebody could do that, they wouldn't share this info for free on the Internet, there is just too much money to be made with an ability like this.


And that is something that is mostly forgotten, if I could really predict what the market will do in a very precise way then I will not share that information with anyone because even if the amount of money that I had available to invest in the market was low I could easily multiply it many times over in one year with that kind of skill, so we must always be very careful about following the advice that we read online because even if the person that is giving the prediction has good intentions the prediction that he is giving cannot be 100% accurate.

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February 02, 2019, 05:49:03 PM
 #43

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
In my opinion, there are no predictions that are 100% accurate and anyone can make their predictions. especially, in the crypto market, you should not trust analysts.
I have read many articles about analysts and made predictions that BTC prices will soon grow to $ 30k, $ 50k and even $ 100k. that's bull shit.
My experience is to create your own strategy to make money. Do not believe the words of experts.

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February 02, 2019, 06:37:30 PM
 #44

I think its hard to predict cryptocurrency situation this year. Some says its the start of the bull run but the opposite happens. With too many exchangers being hacked all of the sudden and some exchange closing and some declaring bankruptcy, I would say anything can happen. Just always secure your assets. Just always be ready.
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February 02, 2019, 07:50:19 PM
 #45

Predicting the future in cryptocurrency wasn't easy somewhere about a year ago, but now it is getting harder because of low marketcap, with this marketcap it is way easier to manipulate the price either it's a pump or dump, it means way less liquidity needed comparing to for instance when it was at 7k to push the price up or down
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February 02, 2019, 08:08:48 PM
 #46

large number of those who give price prediction for bitcoin are usually wrong, those who know about the price movement are not active on social media or own a magazine. I dont believe the price is determined by the market after seeing the price movement last year. No determinant factor for the downward run, no response to news like in previous, It was mere manipulation all through.

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February 02, 2019, 10:51:54 PM
 #47

This was a very easy thing to do in a bull market and we saw that come into play in 2016 and 2017, but what happen in 2018 when the bear market kick start, all the so called expert failed with their prediction and most people that followed them got really REKT


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February 02, 2019, 10:56:55 PM
 #48

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

It's a nature of this investment to predict the price to attract more buyers and make a hype on that particular coin as we have many newbies will trap with this strategy from those pretending to be experts. We have no law that will make them payable if their prediction will not hit or within that range. Indeed, being a investors we are responsible with our decisions in choosing the ideal coin for our money as it is unpredictable.
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February 02, 2019, 11:43:05 PM
 #49

If expert know what will be happen in the market I think she/he the one can benefit it unless they share to all what will they predict. And as of now it's hard to predict anything in crypto, some of us are going in flow on what happening in the market.

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February 02, 2019, 11:58:59 PM
Last edit: February 03, 2019, 02:09:08 AM by pacman7331
 #50

Some experts never stopped predicting, but at this moment, the crypto market is way ahead of prediction! So, no need to rely on any prediction, try to depend on your own strategy! If the ETH fork comes then altcoin price will move up a little bit, this is the running prediction, and I believe it.  Grin

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February 03, 2019, 03:59:22 PM
 #51

although crypto currency analysts know that the market will fall so far. they also will not worsen the situation because they also do not want to spread negative news that will worsen the current situation.
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February 03, 2019, 04:03:10 PM
 #52

Experts are always forecasting future prices even though many of their past projections are usually wrong. Hard to tell who and what to believe for future projections.
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February 03, 2019, 04:48:57 PM
 #53

it is so hard to find anyone can predict exactly what will happen to cryptocurrencies when the market is so terrible now even a professional can not easily get profit from this market, unless you are a whale, then you may never know what will happen to the price.

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February 03, 2019, 05:27:30 PM
 #54

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
indeed someone in my opinion will not be able to predict crypto prices in a fixed market, only we as traders must have their own price predictions and speculations to be able to generate profits in our trade, so if you ask when the crypto price can increase at the highest price when that happens, of course I don't think anyone knows for sure.

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February 03, 2019, 05:48:37 PM
 #55

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
We should accept that the crypto market is unpredictable. Although many people make a prediction, nobody knows what will happen. That is why i do not rely on predicting any more.

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February 04, 2019, 01:17:29 AM
 #56

Those who are so called experts doesn't have any basis but if there is. Those resources are also available for us. Everyone can predict that anything can happen to a coin/s or even in cryptoworld but it is still unpredictable. These people only shill coins that they invested to.
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February 14, 2019, 06:57:31 AM
 #57

Guessing is probably better so to say than to predict. Only if they themselves participate in these predictions not otherwise.

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February 14, 2019, 01:47:06 PM
 #58

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

We can't deny that those crypto experts are using some technical analysis for their predictions but in reality the crypto price has no pattern and it will depend on the daily demand in the market. It's normal that they will predict as they want to create publicity that people will buy to increase the demand and if the demand will grow the price will rise to higher level. It's up to us if we will believe on those predictions without basis and obvious that it's created for their personal interest.
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February 14, 2019, 01:54:54 PM
 #59

No one can see the future in advance so all the predictions for the future price of the cryptocurrencies will going to fail. Cryptocurrencies are the most volatile currency which is the one of the reasons why it is unpredictable. Instead of relying on predictions, it better to learn the basics of cryptocurrency and their price movements in the market. Trading the coins can also help you to understand the behaviorof cryptocurrencies and how they reacts on a certain event or development that related to them.
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February 14, 2019, 04:51:42 PM
 #60

No. Check out forecasts of experts according to BTC price in 2018 year, all of them expected 30-50 k for BTC and only a few of them predicted 3000.
It is about luck and clear vision

When BTC was 19000 USD in Dec 2017, everyone was predicting that BTC will cross 100,000 USD in 2018. Based on these rumors, many bought BTC and ended up losing their money.
Lesson learned never pay attention to predictions.

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