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Re: I can I predict the Dump and Pump of the price?
by
k1ng0fBTC
on 04/10/2018, 11:46:36 UTC
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.
Everything is risky, holding, trading, bounty all possess risks. If you hold your coins for long time there is no guarantee that the price will increase rather it can decrease. If you want to trade it needs experience and knowledge and besides these tow you would not be sure about making profit in trading. Bounty is also risky because nobody can tell anything before the end of the project. You may receive nothing at the end.