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

[passwordnow]

The pattern that you can compare it with is through looking at the past bull run of 2017. You get the idea how low it could be the market can and reach after the bull run.
And about knowing and getting some idea when the price should go up, there's really no way to find it if there will be an instant rise. But you check the news as it's one of the indicators and to become better, you need to be a good chart reader.

[tvplus006]

...When prices have gone down, have you known to a reasonable degree than they would bounce back up? How?

No one knows exactly where the price will go. In the case of a dump, you need to wait for how the price of the coin will behave at the support level. The main thing is not to rush to open an order. In the event of a breakdown of support, you need to open a short. If you see that the price has rebounded, open long.

[sana54210]

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?

I believe it is sometimes luck, and sometimes predicting. How? Well if you can read the carts and know what indicators are and how to use them, you can "predict" what will happen, sometimes what you say will happen and that is great, and sometimes it will not happen and something else will happen and you will be unlucky. No chart is a guaranteed to be correct, sometimes unexpected stuff happens, sometimes someone tweets about it .

So we can't guarantee charts, there is a chance as much as it could be right, it could be wrong as well. This means you are "gambling" but at least with a data and not just shooting a dart in the dark type of deal, and if you are lucky those data should happen without any outside impact, and if you are unlucky then something unexpected would happen and that is going to make you wrong. So there is one part (TA) that makes you predicting somethings, but it is also luck as well.

[crzy]

~

It is simply supply and demand, OP.
Just like what pooya87 said, what particular coin are you pointing at?
Bitcoin is unstable and you should know that.

Supply and Demand works for the good coins but if you’re dealing with the shitcoins, I guess its more of a hype that dictate the price and price manipulation that it makes pump and dump. TA also works with good coins if you know how to use it, but TA is useless with the shitcoins. You have to know first on where to trade or invest.

[Questat]

Perhaps, you are answering it already "Nobody knows" and definitely there is no pattern to show us. It all becoming unpredictable and no one could change it. We are here just to make a prediction and the fact that we live that way for so long, we don't need to wonder if we our prediction is wrong because that it is really it was, none have done so well. All predictions are not 100% accurate so bear it.

[Scripture]

Its easy to predict but you have no guarantee that it will happen especially if you are dealing with the shitcoins. The market moves so fast for a busy person so if you don't have enough time to spend on this market, you'd better hold good coins and wait until it reaches your target price. This market is pure of risk and luck most of the time, no one knows if that specific project will boom or not, so this can also be considered as gambling especially the altcoins.

[lablab03]

Technical analysis based on lot of indicators may give an idea about the future price movements but there is no one can predict it accurately if they did it then they are just lucky though. Trading is purely speculation so its not completely a gamble but kind of thing so you need luck and skills to be successful here.

Also, make use of the news sources and whale indicators.

i agree.. Using indicators can help but not 100% accurate and you still need more time and results before you can predict the movement of the growth rate. Its like a gamble actually i can say that also as it becomes more unpredictable especially when the market start struggling.. But using some indicators or tools sometimes its more easier to win than gambling..  

Ps. Only knowledge and skills is a must when it comes to this situation OP so better to learn some important stuff about trading to prevent risky situation..

[Obito]

Perhaps, you are answering it already "Nobody knows" and definitely there is no pattern to show us. It all becoming unpredictable and no one could change it. We are here just to make a prediction and the fact that we live that way for so long, we don't need to wonder if we our prediction is wrong because that it is really it was, none have done so well. All predictions are not 100% accurate so bear it.

That's the definitive answer to that question in my opinion because if prediction is as accurate as we wish it to be then probably we will be fighting each other because our predictions do not match and will not be of interest to everyone so we will actively try to change the future. We should know by now with all the movies about future predictions gone wrong, it will be bad for us.

[goldade]

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?

One of the most important thing about the crypto market is that no one can accurately predict the market all of the time. You should know that even the accuracy  is not 100%. It is possible to predict the market accurately (not with 100% certainty) some of the time, but no one can predict it accurately all of the time.
The only reason it seems as though some of the power to predict the market is because they've come to understand the technical analysis of the market and know to reach formed chart patterns of the market. That is why it seems as though, their predictions come true.
Understand technical analysis and you'd be able to do this as well

[iphone5s]

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?

Impossible if your prediction is correct correctly, if there is someone who can do it many times you should be careful. maybe he's not human. Even if your prediction is so sure with 70% it might not happen in the next few times. Everyone can only analyze what will happen next. Maybe you can learn how to chart a coin price in the market. but it is only learning by prediction, not learning what will happen later. If you can guess 100% certainty with the increase in the price of the coins that you hold maybe I can learn from you.

[jahepahit]

its quite difficult for some people to chart and understand the market direction, to these kinds of people trading will be like a gamble. untill you the knowledge of supply and demand, high and low and the like you will always think trading is a gamble. its usually obvious when its at the bottom for any good trader and at the top.

[pawanjain]

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?

I have been a gambler myself and I have traded cryptocurrencies too and I can say that both are there are some differences in both.
Winning in gambling is purely out of luck unless we play those poker games and similar games where we can use strategies to defeat the opponent.
Trading is similar to gambling when we invest in shitcoins in the hope of higher returns.
Trading is better than gambling when we invest in potential coins and do technical as well as fundamental analysis on it.
I have recently started learning technical analysis and I have gained some profits due to this.
With all the experience I have I can say that trading has a little edge over gambling.

[Fivestar4everMVP]

First, based on my level of knowledge, very low liquidity causes a coin to go up like 50 or over percent when there is a buy and also go down the same percentage or even more when there is a sell, for both scenarios, the percentage the coin goes up or down when there is a buy or sell depend on the amount being traded on those two sides.
It is not even advisable to trade on coins like this cus buying can be easy but selling is always a pain in the butt cus close to zero wants to buy the coin which is the reason for the low liquidity.
But for already established coins, it's is slightly possible to predict when the coin will go up or down if you know how to read chart and do TA which in full is technical analysis and FA which in full is fundamental analysis, I believe with this two skills and the ability to read chart, one can predict what next is going to happen to a coin, whether it's gonna go up or down.

[johnwest]

It's a demand and supply market. Most of the BTC and ETH lately are going out of the exchanges compared to how much they are coming in so you can easily say that the demand is the same but supply is getting low. Obviously, the price will increase. If you are talking about short-term pumps and dumps then there is nothing to pin point for these. These happen when someone creates a panic FUD or fake news may be, which is FOMO. Most of the short-term trading is a pure gamble but in the long run, you can see the implementation and the reflection of that on the price.

[adzino]

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?

Trading is not completely gambling. You can control your outcomes. When gambling, you don't know what the results are going to be. There are no data, nothing that can help you predict what's going to happen next. But in case of trading, you have some control over the outcomes. There are indicators that allows you to know what might happen next. If an event takes place that might negatively affect the crypto market, we know what's going to happen. Again, when an event takes place which favors the crypto market, we also then know what's going to happen, right? And then there are those people that just gets lucky haha (look at doge. Anyone who owned large amount of doge at the beginning of the year is already drowning in profits).

[dimonstration]

The pattern that you can compare it with is through looking at the past bull run of 2017. You get the idea how low it could be the market can and reach after the bull run.
And about knowing and getting some idea when the price should go up, there's really no way to find it if there will be an instant rise. But you check the news as it's one of the indicators and to become better, you need to be a good chart reader.

Crypto market now is way different from 2017 to 2018 puma and dump due to many indicators and influential people and companies we're involved now in crypto market. What we can learn from 2018 dump is that there are really altcoins from ICO which are not worth saving as they can do exit scam anytime. We can focus on analysing top altcoins or be active in trading to know which coin have potential for some growth in just a short time and take advantage of that to trade.

[Fredomago]

The pattern that you can compare it with is through looking at the past bull run of 2017. You get the idea how low it could be the market can and reach after the bull run.
And about knowing and getting some idea when the price should go up, there's really no way to find it if there will be an instant rise. But you check the news as it's one of the indicators and to become better, you need to be a good chart reader.

Crypto market now is way different from 2017 to 2018 puma and dump due to many indicators and influential people and companies we're involved now in crypto market. What we can learn from 2018 dump is that there are really altcoins from ICO which are not worth saving as they can do exit scam anytime. We can focus on analysing top altcoins or be active in trading to know which coin have potential for some growth in just a short time and take advantage of that to trade.

those coins from ICO's which really pain in the ass, a lots of people got scammed since the developers just ride with crypto's popularity back then, we have to realized that in current situation where more institutional investors are involved.

They managed to review and assess the ful potential of this industry, with them working inside this market we can see more and more growth and those who are in the top list gained much better attentions, you've got to take some time to assess and do your good research in order to participate and invest with teams that have a much better views for future success of their projects.

[dunfida]

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?

Going back on crypto market into those early years then price movement is never been predictable ever since even up to now but the thing i do notice that
wayback technical analysis doesnt really bite or shall we say it not really that effective because price volatility could easily fucked you up
but now based up on observation on where it is somehow following those TA's.Im aint sure on this one but only based on observation and
i might be wrong.

[Yatsan]

It would really be a gamble if you were just trying to predict the movement of the prices that it why traders are using indicators and having knowledge on technical analysis as well as being able to understand and get to know the coin very well to help out on doing decision on what is supposed to do on different situation when it comes to trading. You were too lucky if what you were doing on your trading is all out of prediction. There are other ways traders do their thing assessing and dealing with certain coins enabling them to get along the market having successful trades.

[livingfree]

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.

You shouldn't do futures trading if you still don't understand it. I think the idea of asking which coin your friend have bought is a good start for new traders.

But as time passes, you'll have your own reference and you're going to learn from your own experience which shall make you rely on your own experience. And those coins that you've bought, they're all good to me.