Onyeeze
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January 11, 2024, 09:24:38 AM |
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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.
People always analysis wrong about bitcoin and we should not depend on people's analysis so therefore bitcoin investment should be something that price is not constant and it always go up and down, it may reach tomorrow the price of bitcoin rise beyond our expectations and I believe that is what makes nobody do like to predict bitcoin price, do you know that it will surprise us that the price of bitcoin might increase to next level we don't expect and again it may decrease to a level that the price may also decrease unexpectedly.
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EarnOnVictor
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January 11, 2024, 11:46:12 AM |
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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.
People always analysis wrong about bitcoin and we should not depend on people's analysis so therefore bitcoin investment should be something that price is not constant and it always go up and down, it may reach tomorrow the price of bitcoin rise beyond our expectations and I believe that is what makes nobody do like to predict bitcoin price, do you know that it will surprise us that the price of bitcoin might increase to next level we don't expect and again it may decrease to a level that the price may also decrease unexpectedly. As a matter of fact, the experts in the field of Bitcoin will always randomise their forecasts and not the way the OP listed it, that is not professional, it is just a normal myth that is common among those who are propagating trading anyhow and it happens mostly on the social media. But it doesn't work like that, fine, many can be an expert in trading even if they are not successful, it is all about knowing the right things to do and getting to propagate it nicely to people. I said that because most of the people you see that fail in trading understand how to try but still they can't put two or three together to make a success out of it because of psychology and management, which is why the market is more risky and tricky. Despite that, enough is still hiding under this to give trading advice and signals and it could work fine for people even if they do not make the success themselves. So, if it is about expertise in speculation, I support it that it could be achieved easily, but everyone must be careful of the source they are getting their signals. And if you are such that wants to issue it out to others, be sure that you know what you are giving to people if you have a good conscience.
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lixer
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January 11, 2024, 08:40:58 PM |
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In fact, there are certainly a lot of Bitcoin experts nowadays, but can the predictions be made correctly? I really agree with you that being able to make predictions correctly is certainly not easy because it is certain that the accuracy will not always be correct and will always will be able towrong with his predictions. Bitcoin is indeed something that is very unpredictable because it is unpredictable and no one can control it. But what is often done is to repeat what has already been done, and usually it will happen, but the exact time is difficult to know.What is certain is that investing in Bitcoin requires patience, and Bitcoin is indeed a long-term investment, so if you want to implement it, it is certain that investing in Bitcoin will be successful.
Maybe they are an expert in a way that they have studied the same field (money and economics) and some are also popular but they still can't predict it accurately. So, I think all are the same when it comes to it. BTC is decentralized and unregulated. This is why like you said, no one controls it. But, there are whales and large institutions who tries to. The term is called manipulation. They either buy or sell in large quantities to make it happen and sometimes do something unethical like spreading a FUD to make their plans go easily. BTC can repeat some certain events. This is one of the things predictors use by basing on its history or at the charts.
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macson
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January 11, 2024, 10:13:32 PM |
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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.
There are many traders who have good skills in technical and fundamental analysis (it is estimated that now the number reaches millions worldwide) but they all have different price guesses, so studying in more detail and also waiting for news that affects Bitcoin (Bitcoin price) is very important. In conclusion, everyone can make predictions about the future price of Bitcoin, it's just that the methods are different and predictions that are close to 100% accuracy are impossible, so don't rely too much on other people's predictions try to do it yourself.
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danadc
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January 12, 2024, 11:25:23 PM |
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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.
There are many traders who have good skills in technical and fundamental analysis (it is estimated that now the number reaches millions worldwide) but they all have different price guesses, so studying in more detail and also waiting for news that affects Bitcoin (Bitcoin price) is very important. In conclusion, everyone can make predictions about the future price of Bitcoin, it's just that the methods are different and predictions that are close to 100% accuracy are impossible, so don't rely too much on other people's predictions try to do it yourself. I think there must be many expert traders, but they request that they be paid a Subscription so that they can access their advice and their way of carrying things out as their signals and See how they can take advantage of the bitcoin movement, and now There is a lot of uncertainty because most people think the price will go up, Maybe the effect of the ETFs is not seen right now, but maybe in a few months, yes, that's what I've read in several articles, but you shouldn't lose sight of it. faith. I am in a group of a trader , but he does not trade with bitcoin but with forex, initially he gives you a free month on the platform, then you start to see if you pay so that you can have his signals , but in bitcoin it is difficult , but there must be many, only the versions of those who always demand money from copy-trading because it is not trustworthy for me it is my way of seeing this, some say that it gives them, but I don't know, it hasn't happened to me served.
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boty
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January 13, 2024, 02:22:13 PM |
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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.
There are many traders who have good skills in technical and fundamental analysis (it is estimated that now the number reaches millions worldwide) but they all have different price guesses, so studying in more detail and also waiting for news that affects Bitcoin (Bitcoin price) is very important. In conclusion, everyone can make predictions about the future price of Bitcoin, it's just that the methods are different and predictions that are close to 100% accuracy are impossible, so don't rely too much on other people's predictions try to do it yourself. Most people make price predictions based on the knowledge they have, so it is very possible that there will be differences in the prices they predict according to their knowledge about Bitcoin and no one has made predictions according to the prices that occur. You are right, it would be better for us not to rely on other people's predictions regarding Bitcoin prices and it would be better to understand the market conditions ourselves.
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erep
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January 14, 2024, 10:44:45 PM |
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Most people make price predictions based on the knowledge they have, so it is very possible that there will be differences in the prices they predict according to their knowledge about Bitcoin and no one has made predictions according to the prices that occur. You are right, it would be better for us not to rely on other people's predictions regarding Bitcoin prices and it would be better to understand the market conditions ourselves.
Did you know that AI can predict prices more accurately than humans on bitcoin price predictions at the end of last year, I found a thread in the speculation board section that the AI review said the price of bitcoin would reach $45k by the end but humans said the $50k prediction was even the new ATH, so based on Your review is which prediction accuracy is right between AI and humans.
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mirakal
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January 15, 2024, 02:39:08 PM |
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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.
If you mean to say experts, there are those who claimed to be bitcoin experts but in reality, they don’t really know why bitcoin moves like that and like this. Well I guess even real experts cannot determine the fixed price of bitcoin, simply because bitcoin is highly volatile that no one can be perfectly right when it comes to its predictions. Hence, if you come to believe in some experts speculations, it’s like you really don’t know what bitcoin is. No one holds the future of bitcoin so don’t entrust your decision making to anyone, but do your due diligence to study bitcoin and the market so you will create your own reliable information.
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milewilda
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January 15, 2024, 08:58:16 PM |
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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.
If you mean to say experts, there are those who claimed to be bitcoin experts but in reality, they don’t really know why bitcoin moves like that and like this. Well I guess even real experts cannot determine the fixed price of bitcoin, simply because bitcoin is highly volatile that no one can be perfectly right when it comes to its predictions. Hence, if you come to believe in some experts speculations, it’s like you really don’t know what bitcoin is. No one holds the future of bitcoin so don’t entrust your decision making to anyone, but do your due diligence to study bitcoin and the market so you will create your own reliable information. So called experts would really be just coming or popping out on time that market is really going up or even going down on which people would really be just throwing out some random speculation and if it turns out to be right then this is where they would really be that having those kind of claims that they are really experts on this field. Lol! If you've been here on this market for a while then you would be able to observe these kind or type of people who do really love on trying out to claim something or really loves to make themselves expert even on just having that single right prediction on where prices would go. This is why newbies should really be that vigilant when it comes to these things because they might be able to get fooled and it would be always better that you should really be that be relying on your own because if ever you would really be able to have those kind of losing trades then at least you wont really be having those kind of regret specially if you have use on your own analysis.
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Natalim
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January 15, 2024, 09:31:00 PM |
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Most people make price predictions based on the knowledge they have, so it is very possible that there will be differences in the prices they predict according to their knowledge about Bitcoin and no one has made predictions according to the prices that occur. You are right, it would be better for us not to rely on other people's predictions regarding Bitcoin prices and it would be better to understand the market conditions ourselves.
Did you know that AI can predict prices more accurately than humans on bitcoin price predictions at the end of last year, I found a thread in the speculation board section that the AI review said the price of bitcoin would reach $45k by the end but humans said the $50k prediction was even the new ATH, so based on Your review is which prediction accuracy is right between AI and humans. It was not the AI alone made such a prediction but the person who input information on its program. And I was sure that not all humans are predicting that Bitcoin will reach $50k. Well, it is not a big deal because no matter what we do, the price of Bitcoin remains unpredictable, sometimes we just get close, and most of the time we get far. So it is not necessary we have to become an expert in predicting the market as we just end up wrong instead, we'd rather help ourselves to understand the volatility of the market and a sudden change in its trend is inevitable.
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GeorgeJohn
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January 15, 2024, 10:44:39 PM |
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You can only analyze Bitcoin the way you understand it and the way you interpret the moment of a candlestick in a chat that is why when you talk off speculation I don't really depend on it because I know that many people who tender their their own analysis report they have not check very well or understand it very well before they give it to public especially the results, it is what you understand in Bitcoin especially the moment of the candlesticks is what you will use for speculation report, that is why it is good to comprehend the movement of candlesticks and the compare it with analysis given by you to another person before you can conclude and decide on what to do and that you invest or you sell
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oktana
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January 15, 2024, 11:59:26 PM |
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Like a person who is always right about his/her speculations even if it takes sometime to be confirmed.
If you are adding this condition then yes, all of us are expert then. Right now Bitcoin price is $42,624, is it magic is I told you that Bitcoin will hit $45k? We all know that sooner or later, it definitely will. So, the timing of the persons prediction matters. But if you take out that condition, wherein there’s a short timeframe for the prediction, then I don’t think it’s possible. We’ve seen people with high reputation do their speculation and it fails, the reason is that you cannot always tell what will happen. Right now someone may predict $44k for tomorrow and then some unexpected news happens and that ruins it. What makes a person quality to be an expert in this would be if they have more successful predictions than unsuccessful ones.
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dansus021
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January 16, 2024, 02:59:39 AM |
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Can anyone be a Bitcoin speculation expert? Hahaha I would says yes but seriously though Bitcoin is hard to predict or I would say market is hard to predict it happen to any kind of investment stock gold commodity you name it. If there is people that really expert with 99% win rate Im gonna as whoever she/he is to accept me as a student. back to topic there is crypto twitter account called il Capo he said that Bitcoin could reach 30K and this bull run is a small run meaning that bear still here and this is the prediction https://twitter.com/CryptoCapo_/status/1745744958126989463Basically he said that crypto could turn into 30K in near
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CageMabok
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January 18, 2024, 03:51:37 PM |
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Did you know that AI can predict prices more accurately than humans on bitcoin price predictions at the end of last year, I found a thread in the speculation board section that the AI review said the price of bitcoin would reach $45k by the end but humans said the $50k prediction was even the new ATH, so based on Your review is which prediction accuracy is right between AI and humans.
When talking about price predictions last year, of course AI predictions can be said to be more accurate, although there are also some people who say predictions like that for Bitcoin last year. But if we look at this at the beginning of this year, it is also almost accurate because Bitcoin also almost touched $50K in January even though the price has now returned to $42K. This means that the predictions between AI and humans are not much different if this is said for the end of last year and the beginning of this year.
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Reid
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January 18, 2024, 04:24:20 PM |
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Keyword: Volatility. While Bitcoin is still unpredictable, there's no way anyone could have an accurate prediction of it's market movements. Speculating. That's all we can do and it's our right to express our opinion. I've seen Bitcoin traders who thinks that way but it's only for short term prediction. Well, they must do that if they want to make profits in trading paired with a stablecoin but ask them about long-term then they will also have just a pretty guess. We could guess all we want and some investors might believe us but the market of Bitcoin fluctuates without any warning, it's just following the demand and supply rule but there are times it will reflect late which is why a correction happens.
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Dimitri94
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January 18, 2024, 04:31:26 PM |
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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.
Speculation and Bitcoin price are not the same thing. People speculate and that's where Bitcoin gets its power. But Bitcoin doesn't always move in specific maps. Moreover, Bitcoin is now not only ordinary investors, a large part of institutional investors hold Bitcoin, there are also various whale investors who have the power to change the normal course of the market. The factors we consider when predicting the price of Bitcoin but others may not thinking in the same way. They are even more agile. However, since the Bitcoin ETF approval and halving will happen, we are not far from a bullish movement even if we see a temporary dip in the price of Bitcoin.
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JayTrain
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January 18, 2024, 05:07:34 PM |
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I am sure and convinced that predicting the price of Bitcoin is almost impossible, only there are exceptions such as news with Bitcoin ETF and, unfortunately, there is no one who could always be absolutely right. Bitcoin is subject to many factors, including market trends, news, regulatory changes and more. Even experienced traders and analysts cannot always predict the exact direction of price movement.
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Agbamoni
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January 18, 2024, 09:13:55 PM Merited by fillippone (1) |
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Did you know that AI can predict prices more accurately than humans on bitcoin price predictions at the end of last year, I found a thread in the speculation board section that the AI review said the price of bitcoin would reach $45k by the end but humans said the $50k prediction was even the new ATH, so based on Your review is which prediction accuracy is right between AI and humans.
When talking about price predictions last year, of course AI predictions can be said to be more accurate, although there are also some people who say predictions like that for Bitcoin last year. But if we look at this at the beginning of this year, it is also almost accurate because Bitcoin also almost touched $50K in January even though the price has now returned to $42K. This means that the predictions between AI and humans are not much different if this is said for the end of last year and the beginning of this year. I strongly disagree with you. AI predictions on bitcoin cannot be rely on. Several time i have tried it has given predictions that were totally inaccurate. I think the best bitcoin speculations are gotten from traders and investors. This is because they are the ones who take time to analyze the market structure as long as they have good amount of money invested in it. Now AI can only give you predictions based on previous statistics or occurrence that are related from past years. Also, from speculations that was shared on the internet from other bitcoin speculators. Don't forget any information AI gives to you is gotten from the internet. Which is still from humans as well. So, the speculations may or may not be accurate since its source is still coming from human perspective.
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ShowOff
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January 18, 2024, 09:21:43 PM |
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I am sure and convinced that predicting the price of Bitcoin is almost impossible, only there are exceptions such as news with Bitcoin ETF and, unfortunately, there is no one who could always be absolutely right. Bitcoin is subject to many factors, including market trends, news, regulatory changes and more. Even experienced traders and analysts cannot always predict the exact direction of price movement. Making bitcoin price predictions is not impossible, but ensuring xxx price in a certain time frame is impossible. You can make price predictions for 1 hour TF, 2 hour TF or daily TF, but you will not be 100% correct about that prediction. Bitcoin predictors also examine some supporting data to make predictions, so they are not doing it in the dark. A bitcoin ETF will not necessarily make the price of bitcoin reach a new ATH in the near future, so every trader, investor and holder should be able to wait more patiently and generate returns. So don't say it's impossible, it's possible.
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Myleschetty
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January 18, 2024, 10:12:36 PM |
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Anyone can be a Bitcoin speculation expert just like how anyone can mine Bitcoin once the person has the needed equipment and knowledge. However, the Bitcoin market speculation expert is just different in the sense that anyone can claim to be one without knowing the person's degree of knowledge about the market. In today's market, 98% of all experts lack the needed knowledge about market speculation.
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