Post
Topic
Board Speculation
Re: Some predict rise to 500, others to 10,000, what is the truth?
by
LMGTFY
on 27/04/2016, 09:25:56 UTC
That is regarding rise before/during/after the halving. What arguments are there for one or the other predictions, what should I believe?

You shouldn't believe any predictions.

You should read any analysis that accompanies a prediction, and assess whether or not you agree with it. If there's no analysis - ignore the prediction. If you don't understand the analysis - ignore the prediction (this could easily be because the person making the prediction doesn't understand what they're doing).

Some people are better at analysis than others, but even then - they get it wrong sometimes. Do your own analysis as well. Just because someone has had good results in the past doesn't mean that they will in future - they could just have been lucky!