How much can you predict this sh*t?! Or is it pure gamble?

[cyriljundos]

it is hard to say that in trading it is not 100% that all of your prediction is accurate but if you know how to analyze and reading candlestick you have high percentage in gaining income.yes you gamble in that coin but it is part of trading, not all the time you are gaining sometimes you lose and it is normal for traders and investors.

[1714113530]

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[1714113530]

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[Wawa2013]

it is hard to say that in trading it is not 100% that all of your prediction is accurate but if you know how to analyze and reading candlestick you have high percentage in gaining income.yes you gamble in that coin but it is part of trading, not all the time you are gaining sometimes you lose and it is normal for traders and investors.

Indeed, there are no traders who can predict 100% accurately, because there are many things that can make the coins we buy change suddenly.
So no matter how good the analysis we do to predict coin price movements, we won't always be able to make a profit when trading. So it is normal
if we experience losses when trading, most importantly the percentage of losses that we experience is not more than the percentage of our winnings.

[Sled]

Prediction is the easiest way to do, everyone can do this but to ask if we have got the correct prediction? None for sure.
It is a 50/50 and the chances are either to gain profit or lose your money. It is pure gamble right but sadly, many times that we got unlucky.

Anyway, people are happy doing this. And I don't think this gonna be an issue since we are doing this before. That is why I keep my prediction alone, I'd never share coz they can do themselves as well. And besides, there is no right and wrong prediction but all of this are just uncertain.

[Sinjokubhi]

From 50/50 (it could swing either way and you can have zero knowledge on which way it'll swing), to %1-100 being able to know before hand, how much can you know?

What causes prices to go up? What causes them to go down? Obviously, no one knows for certain when it would happened, but has there been a consistent "pattern" lately? When prices have gone down, have you known to a reasonable degree than they would bounce back up? How?

No one will know for sure when the price will go up and when the price will go down, this is indeed true. Looking at the news and market conditions does not fully guarantee certain price fluctuations either. We will not also know what percentage of profits and losses we will get with certainty either. Therefore, the importance of technical analysis. Talking about technical analysis, of course, cannot be separated from the charts that are used to view and monitor price movements in the market. The use of these charts is very important for monitoring the price movements of various assets in the financial markets. From this chart / graph, it makes it easier for traders to read and find out previous patterns of price movements, then make an analysis of future price movements.

Although our predictions and analysis are not certain to be true, at least we have a price record, past price chart recordings can also be used as a benchmark to compare it with the current price chart. To read price movements in the market we also need to use the right timeframe, and adjust it to the type of trading being carried out, such as if you want to do daily trading, then we can use the medium timeframe, namely D1 and after that look for the highest and lowest prices in that time. that you have taken. If we can read the chart, it will make it easier for us in the future, so that we can predict where the price will move in the future.

[agustina2]

What causes prices to go up? What causes them to go down? Obviously, no one knows for certain when it would happened, but has there been a consistent "pattern" lately? When prices have gone down, have you known to a reasonable degree than they would bounce back up? How?

Others are relying on past and historical performance that's why there's always repetitive speculation whenever the price goes up or down.

To avoid confusion on what to do, don't read other's views but instead, make your own analysis about the current trend.

[danherbias07]

It's not 100% a gamble. You use history, technical analysis, and a possible movement due to people hyping a coin.
When you start considering all of that, you lessen the risk of losing in short or long runs. It's difficult, but it's better than just blindly buying and selling right?
Chances of you winning the trade gets higher and it's more satisfying if you make profits. Lose some and learn from the mistakes you've done. Win and identify how you did it then savor the moments.

[leea-1334]

it is hard to say that in trading it is not 100% that all of your prediction is accurate but if you know how to analyze and reading candlestick you have high percentage in gaining income.yes you gamble in that coin but it is part of trading, not all the time you are gaining sometimes you lose and it is normal for traders and investors.

That is not news. Whoever needs to be told they will not get all their predictions right, are surely in the wrong sector!

Candlestick analysis? High percentage to gain income? Which world did you come teleport out from? This is crypto:) People make money doing shitty TAs in bullruns and lose doing fantastic TAs in bear markets;)

[udidrone]

From 50/50 (it could swing either way and you can have zero knowledge on which way it'll swing), to %1-100 being able to know before hand, how much can you know?

What causes prices to go up? What causes them to go down? Obviously, no one knows for certain when it would happened, but has there been a consistent "pattern" lately? When prices have gone down, have you known to a reasonable degree than they would bounce back up? How?

At past my pattern only buy above buy wall, sometimes it is work. But if keep dump i set order again above another buy wall in less price. I think that is my trading way and although not much analysis honestly but i don't think that i gambling with it.

[blckhawk]

it is hard to say that in trading it is not 100% that all of your prediction is accurate but if you know how to analyze and reading candlestick you have high percentage in gaining income.yes you gamble in that coin but it is part of trading, not all the time you are gaining sometimes you lose and it is normal for traders and investors.

You nailed it. Even if you have you TA or know to analyze and read the market chart this will not guarantee a 100% outcome because sometimes there are few sudden factors that could affect the movement of a particular coin. But with the help of analysis, it mitigates the risk of losing your trades. It would be only a gamble if we trade without taking any analysis. Loss is just normal, it is part of trading, not all the time you will have a fruitful outcome and you should know it.

[CaVO32]

it is hard to say that in trading it is not 100% that all of your prediction is accurate but if you know how to analyze and reading candlestick you have high percentage in gaining income.yes you gamble in that coin but it is part of trading, not all the time you are gaining sometimes you lose and it is normal for traders and investors.

You nailed it. Even if you have you TA or know to analyze and read the market chart this will not guarantee a 100% outcome because sometimes there are few sudden factors that could affect the movement of a particular coin. But with the help of analysis, it mitigates the risk of losing your trades. It would be only a gamble if we trade without taking any analysis. Loss is just normal, it is part of trading, not all the time you will have a fruitful outcome and you should know it.

TA knowledge is not sufficient in crypto market, it may help you understand what's going on but when it comes to specific alts, they behave differently and you need to consider some factors like development progress, capability of the dev team, community support, trading volume and others. And also, if you are following a specific project, you need to subscribe their social media channels because you will get a hint on what may possibly happen because they will give some insights on what's going on. I found out that most projects here are more active in socmed than in their respective ANN threads.

[tygeade]

What causes prices to go up? What causes them to go down? Obviously, no one knows for certain when it would happened, but has there been a consistent "pattern" lately? When prices have gone down, have you known to a reasonable degree than they would bounce back up? How?

Not always bouncing back because still lower to low is possible. So, there cannot be anything in pre-assumed way. But, you need to make use of technical things to predict market rather than going for assuming anything by your own. If you are making use of your intuition power to predict the turning point of markets then also you got only half chances to hit what you want .

Predicting market direction will be possible only through kind of mathematical process. There are different kinds of strategies are available to predict market directions still there will be no guarantee for effective predictions of market direction because it is having lots of factor to influence it.

[seramania]

for the problem of the pattern of rising or falling prices I think this is a classic questionable thing. What caused it? I think this is a question whose answer is analysis. by doing analysis and research we can find out what the main factors are the decline and increase.
well, then how do you analyze it? here everyone has their own method of analysis, we cannot equate people's answers here because there are different methods. so I think this method is workable

[geegaw]

It's not 100% a gamble. You use history, technical analysis, and a possible movement due to people hyping a coin.
When you start considering all of that, you lessen the risk of losing in short or long runs. It's difficult, but it's better than just blindly buying and selling right?
Chances of you winning the trade gets higher and it's more satisfying if you make profits. Lose some and learn from the mistakes you've done. Win and identify how you did it then savor the moments.

Indeed, pure gambling would not be an exact definition as the analytical tools each have their own contributions, they are not a random occurrence, they are the values of experience accumulation, helping users to link images of the past and perceive the future. This prediction cannot be one hundred percent accurate or represent the whole picture of the market, it is just a piece of the puzzle for us to see the layout, following the right layouts and plans will have a clearer view of the future picture and vice versa, blind perception and lack of connection will make us turn mind games into gambling

[bitgolden]

for the problem of the pattern of rising or falling prices I think this is a classic questionable thing. What caused it? I think this is a question whose answer is analysis. by doing analysis and research we can find out what the main factors are the decline and increase.

The core reasons for rise and fall of the market is supply and demand. But having information on supply and demand alone will not make a person to predict the direction of market easily. This is the reason, we are going for technical and fundamental analysis. So, it is still predictable rise and fall hence it cannot be gambling unlike OP mentioning.

how do you analyze it? here everyone has their own method of analysis, we cannot equate people's answers here because there are different methods. so I think this method is workable

Through mathematical formula. Yeah, every technical analysis is based on maths hence we can rely on them. A scientific approach may not fail for no reasons hence all analyzing methods are working one always.

[imstillthebest]

From 50/50 (it could swing either way and you can have zero knowledge on which way it'll swing), to %1-100 being able to know before hand, how much can you know?

if you have more learning on how the market moves you can predict it more accurately . This is not pure gambling where all works randomly

What causes prices to go up? What causes them to go down? Obviously, no one knows for certain when it would happened, but has there been a consistent "pattern" lately? When prices have gone down, have you known to a reasonable degree than they would bounce back up? How?

Price go up when someone buys and price goes down when someone's sells .
Both works effectively if the action is done in large volumes . you will know if your one of it that sells or buy and you can also know if you watch and read news , social media and other sources but make sure they are legit because false information will not move the price in a right direction .
That's the pattern that all are following until now

[justdimin]

What causes prices to go up? What causes them to go down? Obviously, no one knows for certain when it would happened, but has there been a consistent "pattern" lately? When prices have gone down, have you known to a reasonable degree than they would bounce back up? How?

This much I can answer for you. Price goes up when the demand for Bitcoin increases in the market or there are more investors in the market because of moves like Paypal allowing the purchase of bitcoins. The price drops when the demand decreases while the supply is increasing which is rare actually because the bitcoins are limited and supply is always going to shrink slowly but surely.

The only reason BTC might ever fall off would be is some other coin matches and surpasses Bitcoin in terms of popularity and use cases.

[wiss19]

From 50/50 (it could swing either way and you can have zero knowledge on which way it'll swing), to %1-100 being able to know before hand, how much can you know?

It depends on the market news because when Tesla purchased a big chunk of Bitcoins, for example, it was obvious the price of Bitcoins will rise and it did by some decent value.

But, when fake news is out and there are rumors about something then it is hard to distinguish and movement can be different from what we expected. At the same time, if you are skilled then you can easily identify market direction accurately. Hence, predicting market trend is completely different from gambling. So, do not get confused yourself.

[Questat]

From 50/50 (it could swing either way and you can have zero knowledge on which way it'll swing), to %1-100 being able to know before hand, how much can you know?

It depends on the market news because when Tesla purchased a big chunk of Bitcoins, for example, it was obvious the price of Bitcoins will rise and it did by some decent value.

But, when fake news is out and there are rumors about something then it is hard to distinguish and movement can be different from what we expected. At the same time, if you are skilled then you can easily identify market direction accurately. Hence, predicting market trend is completely different from gambling. So, do not get confused yourself.

Even you have exemplary skills you can never know the market direction. You can simply make a prediction but not we can say that it is correct. I have to praise you or to anyone of he can do that because ever since there's no one.
Jut to believe that the market will remain decentralized and unpredictable. Although there is such market manipulation made by whales still not a thing that could change.

[Johnyz]

Honestly, in trading i'm pure gamble. I have zero experience in analysis and sometimes only ask my friend what coin that he bought or maybe do future trading in which coin. Coins that i bought myself usually only BTC, ETH, or BNB which i will hold for longer time and sell when get a little profit.

That's too risky especially in trading, we should have our own analysis to fully understand the market and this makes you more profitable.
In terms of predicting the market price, it is still not sure even if you do your analysis because cryptomarket is very volatile and if you're going to predict the price of shitcoins, that's pure gambling because no one predicted that price accurately, its about hype for every shitcoins, they are just scalpers for sure.

[santiPOGI]

From 50/50 (it could swing either way and you can have zero knowledge on which way it'll swing), to %1-100 being able to know before hand, how much can you know?

What causes prices to go up? What causes them to go down? Obviously, no one knows for certain when it would happened, but has there been a consistent "pattern" lately? When prices have gone down, have you known to a reasonable degree than they would bounce back up? How?

The market was too unpredictable and very difficult to determine what could be the price of the coin we hold it now.
Now if the price value in the market is getting high or low it is simply because there are whales behind to control the
market, this is the main reason for the movement of the price for sure anyway.