Post
Topic
Board Speculation
Re: What happened to this 'easy 10k'?
by
pinoyden
on 14/09/2018, 05:46:40 UTC
Just wondering guys, you were all so confident we were in a strong bull market and would break 10k easily, looks like the opposite is becoming a reality and we're heading straight back to new lows.

Welcome to the world of volatile assets. Everybody can make their predictions in favor of bitcoin's price hike but bitcoin can go on reverse anytime as its market price movement is unpredictable. Too much expectation for a price hike will just lead to frustrations towards cryptocurrencies.
Yes, Bitcoin is volatile in price but 70% of it price movement can still be predictable if apply both the fundamental and technical analysis in finalising the result. However, the main problem causing wrong prediction is people optimistism and wrong information posted in other to move investor into the market but there's time and season for every thing.

only 70 percent ? what about the other 30 percent?  imo , bitcoin and other cryptos are not predicdable ( 100 % ) because they can still be manipulated by whales .  wrong prediction isnt also the main problem here because prediction are unreal  , we cant just totally depend on them .  @op there no such thing as easy on here  because 10k is already  a huge amount of money , so it isnt actually easy to reach it by just a short time span .