Post
Topic
Board Trading Discussion
Re: Bitcoin prophesy has shown up again. Which side would you belong?
by
upsidedown75
on 13/05/2019, 12:21:01 UTC
These bitcoin predictions and prophesy has alraedy failed in the past so there is no need to believe in them. Bitcoin is unpredictable and those who are making a prediction or prophesy are simply riding on the present uptrend. Relying on these predictions will only lead to bigger losses in the future. Cryptocurrency investors must learn how to use fundamental analysis and get themeselves always updated on the market so they can find the right time to buy coins.

Probably some people can make the right predictions but they do not share them with other people. Why should they do that if they know something which can help them make billions fast?
I can't truly understand how some of the peoples could predict the exact price for bitcoins or any other coin? There is always some unknown price fluctuation going on with the charts which is almost impossible to speculate upon. I think, those who predict the prices do it due to some kind of luck factor.

We might know when the markets would be up or down depending on the market conditions but exactly predicting the price for bitcoins is not something which could be trusted upon. And also in these situations, the one knowing the future price for bitcoins may be the richest individual as he can earn a lot over trading on the exact times.
People can only predict the price range or time range but can never predict the exact value a coin with be at an exact time, even with luck factor, except it is just a coincidence.

Most people that has even neared predicting close to perfection without speculating must definitely use the technical analysis tool to read the movement of the coin and will still not rely on that alone, but rather pick up some fundamental analysis to confirm the technical analysis prediction before they can arrive at a conclusion, no expert can ever boast of predicting the exact value, when he is not the one pumping the whole money alone into the market.