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Author Topic: Can anyone be a Bitcoin speculation expert?  (Read 1006 times)
Dailyscript (OP)
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December 06, 2023, 10:56:20 AM
 #1

I've come across plenty of speculation about Bitcoin even before joining the forum. I remember when people said that the current rise in the price of Bitcoin doesn't necessarily mean it's a bull run. Even now, with Bitcoin at $44k, there are still speculations that it will dip.

During the Bullish Trend

$36k -- btc will dump
$38k -- btc will dump
$40k -- btc will dump
$42k -- btc will dump
$44k -- btc will dump

If by any chance bitcoin goes below 36k or further they would say they were right  about this. I want to know if it is possible for someone to be a bitcoin expert. Like a person who is always right about his/her speculations even if it takes sometime to be confirmed.

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December 06, 2023, 02:42:24 PM
 #2

I've come across plenty of speculation about Bitcoin even before joining the forum. I remember when people said that the current rise in the price of Bitcoin doesn't necessarily mean it's a bull run. Even now, with Bitcoin at $44k, there are still speculations that it will dip.

During the Bullish Trend

$36k -- btc will dump
$38k -- btc will dump
$40k -- btc will dump
$42k -- btc will dump
$44k -- btc will dump

If by any chance bitcoin goes below 36k or further they would say they were right  about this. I want to know if it is possible for someone to be a bitcoin expert. Like a person who is always right about his/her speculations even if it takes sometime to be confirmed.
Everyone will have their opinions. Most of them, if not all are pure guess work with not even a hint of TA. Even with people who have good track record of getting things right don't get necessarily get future projections right, because it's just a matter of probability, and that includes them being from from time to time. You are one of the good ones if that's over 50% of your ta overall.

Also, btc will have dumps while climbing up and bounces while going down, correction is not a bear or bull run so you might not want to pay attention to those if you are not heavily in high leverage day trading. To me those numbers are all noise and we definitely are in bull run that started long ago and i haven't seen any top signals ahead, just bullish. Market is not reacting negatively even to bad news anymore.

However this thread is in in wrong section (this is for bitcoin speculation, not an altcoin speculation).
You can move it by clicking at this on the left side of the bottom of the page


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December 06, 2023, 07:05:11 PM
 #3

This is exactly how many "experts" do it, it is not that easy of a deal and I believe that we are not going to get any decent expert at predicting the price, that's not how it works and unfortunately there are way too many people who end up with wrong predictions and only pick the good ones. This is very unfortunate, but it is true, there are a lot of people who end up with wrong moves that convinced enough people that they are doing the right thing, I have no idea how they manage to convince that many people, but they do manage to do it and that's a big deal, I think it should be remembered that if anyone ends up being good enough, then I think it should be something that will benefit everyone.

I hope that we could get to a point where it could make sense to people that if they are asking you for money, just avoid them. No decent enough person end up with something like this, it should be something that could be free to do by anyone so do not believe them at all.

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December 06, 2023, 08:49:43 PM
 #4

This is just an opinion from me mate.  If the price of Bitcoin will experience ups and downs, it's just a matter of how much it goes down and how much it goes up before the halving occurs.  So it's best if you want to make a purchase, always monitor prices at all times so you don't miss the latest news.

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December 06, 2023, 10:05:45 PM
 #5

I want to know if it is possible for someone to be a bitcoin expert. Like a person who is always right about his/her speculations even if it takes sometime to be confirmed.
Possible to be labeled like that but doing it is gonna make you self proclaimed and surprise, that's nothing new in the scene as many influencers do that for their own audiences and makes themselves look as if they're real speculation experts.

But having the right speculations? That's really possible but what can someone get wrong is about the accuracy. Not every "expert" is going to be accurate at all times. There can be that's close to their calls but not at most times.

Anyway, you want to be an expert? Put some image of charts, do some bit of explanation and put some lines on it and then people will see that you're an expert.

By the way, we've got real experts here that does that and analyzes the charts pretty well.

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December 06, 2023, 10:16:08 PM
 #6

Speculation on Bitcoin will never sees to end. There will be more and more things people would say about Bitcoin price movement this period but your choice and execution all falls down to your own conviction. One thing you should know is that there is no certified expert although one can be very good at looking at the market and predicting what may come to pass but it is not certain that the prediction would be correct. Every time is a perfect time to buy because you will never when to wait for the dip. This is the reason why people advise not to time the  market if you are Bitcoin investor.
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December 06, 2023, 10:53:34 PM
 #7

I've come across plenty of speculation about Bitcoin even before joining the forum. I remember when people said that the current rise in the price of Bitcoin doesn't necessarily mean it's a bull run. Even now, with Bitcoin at $44k, there are still speculations that it will dip.

During the Bullish Trend

$36k -- btc will dump
$38k -- btc will dump
$40k -- btc will dump
$42k -- btc will dump
$44k -- btc will dump

If by any chance bitcoin goes below 36k or further they would say they were right  about this. I want to know if it is possible for someone to be a bitcoin expert. Like a person who is always right about his/her speculations even if it takes sometime to be confirmed.

Sorry to burst the bubble for you but there's no so called experts here as far as prediction goes. Everyone can make his or her wild and educated guess, so even you can make your own prediction. However, there are some guys that based everything on technical analysis, but still it can go either way, a hit or miss.

Of course, even in a bull run, everyone will still speculate that the price will dip, it's human nature. What I mean is that there are investors who missed the boat, and so they wanted to buy at least when the price goes down so that they can buy.

So that's how everything works here, you will have a lot of opportunity to buy it's up to you whether you will take that opportunity or not. Or wait because you think that it will go down further. So for me, there's no such thing as wrong buy, really up to you when to buy and then just hold on it till you make profits.

 
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December 06, 2023, 11:54:13 PM
 #8

I've come across plenty of speculation about Bitcoin even before joining the forum. I remember when people said that the current rise in the price of Bitcoin doesn't necessarily mean it's a bull run. Even now, with Bitcoin at $44k, there are still speculations that it will dip.

During the Bullish Trend

$36k -- btc will dump
$38k -- btc will dump
$40k -- btc will dump
$42k -- btc will dump
$44k -- btc will dump

If by any chance bitcoin goes below 36k or further they would say they were right  about this. I want to know if it is possible for someone to be a bitcoin expert. Like a person who is always right about his/her speculations even if it takes sometime to be confirmed.
Dont make this thing your problem because "Self Proclaimed EXPERTS" will always here to fool people , they are trying to established their name by speculating prices (having chances it will happen) then tell people they have speculate that but the truth is? most of them have bringing random guessing , but of course there are good at it as some of our great members here that I am following but please do not call them EXPERT not unless their accuracy is 100% or more.

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December 07, 2023, 01:41:59 AM
 #9

(....)
If by any chance bitcoin goes below 36k or further they would say they were right  about this. I want to know if it is possible for someone to be a bitcoin expert. Like a person who is always right about his/her speculations even if it takes sometime to be confirmed.
That's why you should not trust everyone even professional traders or anyone. Always verify it with yourself. Because all of the charts or predictions that we can see are speculations, so you should be aware of that risk especially if you are using it as a basis when you invest or trade.

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December 07, 2023, 05:53:35 AM
 #10

There are thaw set of people who always claim expertise in every of their little field of knowledge, by the time they get to learn a stuff or something that most person don't know they make this claim of being an expert, of a truth they understand it very well but less the claim especially in Bitcoin were everything is unpredictable, you might predict the market to keep getting the green candle but before the twinkle of an eye it becomes the opposite of your predictions.
You can see why daily traders often looses their money as they try very much to predict the market, even with all their time and strategies dey deploy to understand the market they still take looses.
Some persons still go ahead to copy trade from this called experts and end up regretting after, do not trust anyone that call him self experts all his decisions are base on speculation and everybody can do same for himself

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December 07, 2023, 06:03:26 AM
Merited by fillippone (1)
 #11

If by any chance bitcoin goes below 36k or further they would say they were right  about this. I want to know if it is possible for someone to be a bitcoin expert. Like a person who is always right about his/her speculations even if it takes sometime to be confirmed.

Now, Imagine a scenario where millions of people are offered the same house and then a billion and then another. If we look back and examine whales, each service that buys and sells Bitcoin also has its own policy on how they set prices and what kind of spread they want.

So. Just relax and enjoy the current BTC upgrade journey, don't care too much about confusing issues. The result of all this is that you will see these differences, and the lower the volume, the higher the difference

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December 07, 2023, 06:17:06 AM
Merited by fillippone (1)
 #12

Speculating day to day movements is one thing but trading them is another. It’s fun to talk about the market and get a feel for how it’s moving but at the end of the day the way for most people to play the Bitcoin market is to dollar cost average buy on a regular basis and then sell a chunk of your stack every four years.

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December 07, 2023, 11:18:06 AM
 #13

We will see more Bitcoin and crypto experts popping out during the bull run as we have seen previously. I don't think anyone can accurately predict the market or Bitcoin price and usually they will just keep making dozens of pump and dump predictions and it's obvious that market will either pump or dump before getting stabilized and they will be ready to take the credit and coast about it when this happens stating that their prediction was correct.

We cannot be dependent on some random prediction unless it has combinations of multiple technical indicators and have a history of accuracy, though it won't be 100% but still better than random predictions and signals shared through telegram channels and paid groups.

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December 07, 2023, 12:00:45 PM
 #14

I've come across plenty of speculation about Bitcoin even before joining the forum. I remember when people said that the current rise in the price of Bitcoin doesn't necessarily mean it's a bull run. Even now, with Bitcoin at $44k, there are still speculations that it will dip.
Price speculation will always exist in all cryptocurrencies, especially Bitcoin which is generally always monitored by many people around the world. So don't be surprised when you find words from other people about the price drop in Bitcoin even though Bitcoin has increased rapidly over the last month, because those who keep saying about the price drop in Bitcoin are people who are always afraid of owning Bitcoin or afraid of holding Bitcoin for a long time. So there's no need to be surprised by this because if your mind continues to be disturbed by words like that, maybe you will also be afraid to buy Bitcoin repeatedly.

Quote
During the Bullish Trend

$36k -- btc will dump
$38k -- btc will dump
$40k -- btc will dump
$42k -- btc will dump
$44k -- btc will dump

If by any chance bitcoin goes below 36k or further they would say they were right  about this. I want to know if it is possible for someone to be a bitcoin expert. Like a person who is always right about his/her speculations even if it takes sometime to be confirmed.
When it comes to the price of Bitcoin I don't think there will be more experts who can predict it correctly except by pure chance. Because if there are more people who are skilled enough to predict the price of Bitcoin more accurately, of course they themselves will also find it easier to become rich because they know when to wait and buy Bitcoin as they want. So don't think too much about what other people say as long as you have your own personal thoughts to make your own analysis and belief stronger in Bitcoin.

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December 07, 2023, 12:16:59 PM
 #15

I've come across plenty of speculation about Bitcoin even before joining the forum. I remember when people said that the current rise in the price of Bitcoin doesn't necessarily mean it's a bull run. Even now, with Bitcoin at $44k, there are still speculations that it will dip.

During the Bullish Trend

$36k -- btc will dump
$38k -- btc will dump
$40k -- btc will dump
$42k -- btc will dump
$44k -- btc will dump

If by any chance bitcoin goes below 36k or further they would say they were right  about this. I want to know if it is possible for someone to be a bitcoin expert. Like a person who is always right about his/her speculations even if it takes sometime to be confirmed.

Anyone could really be that a speculator but not something that can be called to be an expert on which we know that with this speculative market then it is really normal that each one of us would really be having their own price targets and assumptions on where prices might be ending up or would fall down. We would be having that kind of expert feeling on the time that the price had fell down into the level that you had predicted
and we cant really be able to deny that we do have that kind of feeling that were too good at this.  Smiley

As long we are really that dealing with this market then all of us would really be that speculators. The ones i do consider out to be professionals are the ones who could really be able to
present some technical analysis and some  mix of of some fundamentals. Yes, it isnt a solid indication but you can really be able to notice on how they do deliver their analysis.
You would be able to recognized on whats a noob kind of approach and to those who are experienced ones.

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December 07, 2023, 01:19:08 PM
 #16

I've come across plenty of speculation about Bitcoin even before joining the forum. I remember when people said that the current rise in the price of Bitcoin doesn't necessarily mean it's a bull run. Even now, with Bitcoin at $44k, there are still speculations that it will dip.

During the Bullish Trend

$36k -- btc will dump
$38k -- btc will dump
$40k -- btc will dump
$42k -- btc will dump
$44k -- btc will dump

If by any chance bitcoin goes below 36k or further they would say they were right  about this. I want to know if it is possible for someone to be a bitcoin expert. Like a person who is always right about his/her speculations even if it takes sometime to be confirmed.
All of us  are entitled to our own opinion and speculation but sharing this is far from my plans , I speculate for my chance of investing as there are lots of people that can be lure wrongly if you keep posting yours ,
why not make it your own and let the market shows you it happens ,  though we should not tell them that this is a financial advise and invest at your own risk, since there are already many accounts here that try to give their prediction and in the end? nothing comes reality but misleading people .

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December 07, 2023, 02:14:35 PM
 #17

I've come across plenty of speculation about Bitcoin even before joining the forum. I remember when people said that the current rise in the price of Bitcoin doesn't necessarily mean it's a bull run. Even now, with Bitcoin at $44k, there are still speculations that it will dip.

During the Bullish Trend

$36k -- btc will dump
$38k -- btc will dump
$40k -- btc will dump
$42k -- btc will dump
$44k -- btc will dump

If by any chance bitcoin goes below 36k or further they would say they were right  about this. I want to know if it is possible for someone to be a bitcoin expert. Like a person who is always right about his/her speculations even if it takes sometime to be confirmed.

For now, just take it off your mind that bitcoin will go down to $36,000 or anything down below $40,000 all through the remaining days of this year is bullish for bitcoin abd following next by January is another anticipated bitcoin spot ETF approval we are also waiting for which will also be another additional reason for the market to rise more, if i were you, i will remain bullish between now till after next year halving which will follow a bullrun.
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December 07, 2023, 02:22:23 PM
 #18

Well, there are some, but being an expert does not guarantee that you will always be right, I would not even say in more than 90% of the predictions, due to the volatility of the bitcoin market. But there are people who are experts in technical analysis, who have been analysing the evolution of the bitcoin price for many years, as well as other markets, and who in principle have a higher percentage of reliability than the predictions of the rest.

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December 07, 2023, 04:04:17 PM
 #19

Become a speculating expert?
You don't even have to be an expert to speculate on Bitcoin.
Anyone can give their speculation.
I can even give my speculation, Bitcoin at the end of the year could touch the price of $50k.

This is the freedom to give speculation or feedback about the price prediction that occurs.
There are indeed those who are more professional in providing speculation because it is based on the analysis carried out.
And some even just guess without any analysis.

Becoming an expert in the field is not easy, it takes deep learning to know what is being done.
If it is just speculation, and it happens to be true, it cannot necessarily be said to be an expert.

 
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December 07, 2023, 04:46:12 PM
 #20

There’s no expert in speculation, we are all entitled for our own interpretation and you’re free to speculate the way you wanted it, and will depend on your own strategy. There’s a lot of speculation with Bitcoin, the question is what is wrong and what is right? It’s really hard to know and that’s why you have to create your own speculation so you can do your best decision for investments.
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