How Accurate Are Cryptocurrency Price Predictions?

[tobom 133]

Actually, I think you should try yourself first. After trying, if you don't trust your guess, then you should follow the experts. However, experts' estimates are sometimes not correct.

[JesusFries 1958]

Well, there's no people knowing how accurate the predictions in reality because no one can say the price of coins in the next few days, weeks even months and years because of being volatile, all we need to do is to buy in low value and wait for the good tine to sell our coins.

[Obliv0n 333]

The predictions in general, are a way to increase the excitement in the market, since when some executive predicts that bitcoin will be worth $ 100,000, half the world begins to buy which leads to the FOMO, I am not guided by the positive predictions, instead I opt for the negative ones, since they tend to be more accurate.

[Alsh9 1007]

All are forecasts and forecasts that can be fulfilled and may not be based on correct analyzes, but not in all cases they are correct. I rely on myself in this matter and make investments and trades after observing the market.

[joemcgwa 3227]

The accurate price prediction or price analysis that I think it might be correctly is that analysis that you are doing by technical analysis because price chart does not lying, but news or fundamental trading cannot be that much accurate because some of news are fake.

[AL SHAIMON 1293]

No one can predict the exact price of cryptocurrency. It is almost impossible. The price of crypto market depends on many things and it is connected with whole world situation. For this reason crypto prediction is too much hard.

[Wanderdark 2178]

If the predictions are done depending on the technical analysis, then I tend to believe them because the technical analysis is just the investment psychology of the people , reflected upon the charts, so most of the times the price movement is done between trends, support and resistance lines.

[Razan alikac 1899]

Expectations are sometimes honest and sometimes not .. Expectations based on study and analysis are sincere in the event that no other urgent matter occurs that affects the market .. And also according to the type of currency, its strength and reliability .. Some currencies may play a role until the purchase is demanded on them and then fall  Strongly after that ..

[godislovefll 1880]

On 11/27/2019 at 5:45 PM, Yanadia said:

Like other markets, there are no guarantees regarding future price predictions in the cryptocurrency market. Those who have tried to predict prices for 2019 give predictions on two different sides. then what do you think ??

The analyzes that they offer to cryptocurrencies with respect to predictions, which are so many that some of so many must be correct because I understand that their predictions are based on past behavior, but we cannot say that everything that has been fulfilled in 2020 with Bitcoin It was not accurate because it was a coincidence due to the arrival of a pandemic that made cryptocurrencies even more popular.

[Cleaner 2549]

3 hours ago, Razan alikac said:

Expectations are sometimes honest and sometimes not .. Expectations based on study and analysis are sincere in the event that no other urgent matter occurs that affects the market ..

@Razan alikac...Those who make predictions consider all aspects and then they make price predictions.  However, predictions are not always accurate.  Those crypto experts or big companies predict that the price of bitcoin will rise.  Because then they are ready to buy bitcoin.  If a big company buys and holds a lot of bitcoin, then the price of bitcoin goes up.

[Catherine Louis 34]

It is really hard to answer your questions as there are many websites which give out real predictions and analysis and also there are websites that are scam from day 1 . These scam sites work just like gambling sites and they have complete control whether that we should win or lose. If you want to get real predictions then it is better to take help of professionals.

[Jack764 1841]

There are no predictions that are 100% believable,But there are predictions that are often correct and are from reliable news sources, and here we must choose good news sources

[Dissy sb 945]

Dude I want to tell you that the prediction of the price of the different coins are 50 50 because sometime prediction is not work the price of the coin may be down and the petition is high so you should to be careful about the price of the points

[Nonahassan 915]

Who can make a change in the price of any major currency in the market? I think he needs a very large amount to do this and it is called a whale, but in my opinion his work is like Bitcoin, it is very difficult for someone to influence it, no matter what

[Ahmdoof 59]

We in the world of the stock market expectation is somewhat weak for the price change at every moment, but in the general direction, you can expect in the long term. I heard about sites that have good credibility in this regard. They give a large percentage for the success of their expectations.

[Quickbee 26]

It is not possible to predict the price of Cryptocurrency. Situations can change anytime and without notice. Never follow such predictions to make your investment decisions. Do your own research.

[Pereira 2303]

Yes, the predictions are not always fulfilled, but in fact many people believe in the predictions and their fluctuation itself, knowing that the best prediction is the one we make ourselves and for this we need to study the market and its graphs for ourselves to make a more accurate prediction, since if we start to pay attention to predictions and invest based on them and lose, we are the only ones to blame for it.

[JesusFries 1958]

On 1/22/2021 at 10:57 PM, Alsh9 said:

All are forecasts and forecasts that can be fulfilled and may not be based on correct analyzes, but not in all cases they are correct. I rely on myself in this matter and make investments and trades after observing the market.

Well, that's good for you mate, but be careful with that because there are some forecast who are not knowing literally the movement of the price of bitcoin in the market, so it's better to make your own analysis to the movement of cryptocurrency coins.

[yulitzacalvete 1366]

On 11/27/2019 at 5:45 PM, Yanadia said:

Like other markets, there are no guarantees regarding future price predictions in the cryptocurrency market. Those who have tried to predict prices for 2019 give predictions on two different sides. then what do you think ??

The precision is determined by studying the graphs of the cryptocurrency and for this reason all predictions are not always true, for example BTC broke its history many times and few people expected it and this was because of the pandemic and that this has even strengthened but the investments of many people move them to BTC.

[Sayed28 563]

I think most of the time they are not accurate. Beacuse crypto-currency price depends on many things.Its not easy to predict it.It can suddenly drop or rise.So we should not fully trust them.We might keep in touch with them to guess what will happen.Dont fully belive them

[yenniferamos14lsv 45]

Nothing is 100% accurate when it comes to predicting the price of cryptocurrencies, the only way is to know what will happen in the future and that would make many rich, but technical analysis is important to try to know what movements each cryptocurrency can make and Many times it can be successful, I follow a trader called Carl on YouTube, he is incredible but this January he had a success of more than 70% and that is a lot.

[Shahin3864 101]

You need a lot of experience. Prices can change many times in an hour. These kinds of things are really hard to know, there is nothing to be sure about in the cryptocurrency market.

You need a lot of experience. Prices can change many times in an hour. These kinds of things are really hard to know, there is nothing to be sure about in the cryptocurrency market.

[selfmade 7]

On 1/22/2021 at 5:57 PM, Alsh9 said:

All are forecasts and forecasts that can be fulfilled and may not be based on correct analyzes, but not in all cases they are correct. I rely on myself in this matter and make investments and trades after observing the market.

Some of the analysis may be correct but they would end up fail, this is because of the unpredictability of the crypto market, crypto market is very dynamic.

[David84 1191]

The predictions are not accurate at all , it is like fortune telling, and the coins are changing all the time and against any expectations, at one moment they are up and at another they are down and all the analysts advice are mere expectations, with no real guarantee, some people study chart other study volume but the market keeps surprising them.

[Maya20 1048]

 I think that no one can predict accurately, a specific strategy must always be set in managing capital, the most important rule in the market is patience and lack of greed, and also do not sell currencies at a loss when falling, you must be patient in order to rise again, control your feelings and you will reap many profits.