Post
Topic
Board Beginners & Help
Re: How to predict bitcoin price increase and decrease?
by
reck1ess
on 16/10/2017, 01:27:37 UTC
Hello everyone, I would like to know to where to get
an idea on knowing how to predict the increase and
decrease of bitcoin price. Is there an applications or
software? If anyone have an idea please share it with us.

Thanks

People will offer you links to different news sources and such. And most of that is good information. However none of it will help you predict the increase and decrease of the price. It's impossible to do so. People have been trying to predict future asset pricing for centuries. It's simply not possible to predict precisely what will happen tomorrow.

Two concepts to consider:

1) Trends mean something...what's been going up a lot may come down, what's been falling for a while may pick up

2) Buy and hold is your safest play

Yes, i also have notice that. And thank you for informing me about this prediction thing. I thought it is possible by news but it truly cant be predictable.