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Re: I can I predict the Dump and Pump of the price?
by
cluit
on 04/10/2018, 10:00:32 UTC
Quote from: Heationd on October 01, 2018, 10:58:08 AM
Quote from: eann014 on September 28, 2018, 01:30:47 AM
Quote from: lunaelucemauram on August 30, 2018, 07:31:36 AM
Hi I want to ask how can I predict the Dump and Pump of the price of the market? How can I earn with the Pump of the price aside from hodling, trading, joining some bounty and how can I also earn with the Dump price in the market?
It really depends on your prediction, we have our own kind of prediction to bitcoin and as of now, bitcoin is in a downtrend which is I think, the best way to invest and hold it until the price will increase again. However, there are sites that you can try to observe the value of bitcoin to that site like coinmarketcap.com and try to observe the movements of the market from there.
Different people think differently. Some predict that the price of bitcoin will reach to $50k and some say that it will down to $3000 till the end of this year. Prediction is not an easy job. One can give price without any research and technical analysis. He has no idea about the future and give a price, like I say that the price will be $35000 till December this year but I myself don’t know how.
People will always predict whatever comes to their mind but that does not mean predictions will always come out to be true in the long run. As far as I am concerned, the people who tend to predict a whole lot in the market are those ones who usually see the market as a gambling arena, they have no strategy, they do not believe that the market will always be one step ahead, and they have to just stick with monitoring of trend to do well, they are usually the ones that absolutely have a lot of problem with thinking they can always make some predictions and then expect it would come into reality. Let's see how far that gets them.