I find it frustrating when my price prediction for the market fails. I know that it is difficult to predict the market movement due to its uncertainty and also that it is not possible to consistently predict the future accurately but it still hurts when I tell it to my friends and it doesn't turn out so. In January, I had predicted that by the third quarter of the year, bitcoin will hit $35k - $40k. I hide my head in shame because right now it is struggling at $25. Maybe I should stop quarterly prediction and stick with monthly predictions. Also how do you suggest I handle incorrect price predictions? Anybody been here. How do you handle it?
All of us here in the crypto space are entitled to give predictions; whatever our prediction is, there is nothing wrong. Why? Of course, these are our assumptions based on our understanding of the analysis we read in the chart graph. Then there is one more thing: do you have an idea or do you know that it is difficult to predict the price movement in the market? You should expect it, and at any moment you can be frustrated; we should not be surprised by that.
Your prediction could actually happen; it just didn't go in favor of what you wanted to happen, so you got frustrated. That's why the predictions of each of us traders are just different, and we argue about our understanding and use of tools to determine what is right in our eyes.