Quote from: gunhell16 on Today at 04:14:31 AM

Quote from: Davidvictorson on September 07, 2023, 02:37:32 PM

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.

We are all speculators on here on which there's no one on this world would be able to predict on what would gonna happen on next years to come specially in speaking about value or potential income which we know that it isnt something that we could really be able to tell on the time that we do set our foot into this market. Lots of speculations around that floats and its true that each one of us does have that kind of prediction on which neither be wrong or right, there's no way on telling it. If you are that someone who do easily get discourage or getting that annoyed or getting angry on the time that you had made out the wrong ones then this market isnt for you or something that you cant really do something but to go along with the waves.

One of the main realizations that you should really be doing is that you should really be that adaptive when it comes to market price volatility.Its always been that unpredictable in the first place
and guessing on where it would be going will be the most common thing that should be done around. It is really just that there are ones who cant handle out their emotions on the time it do fail to reach out
on a certain point and there are ones who could really just easily move on and predict another one and goes on and on.