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Why analysts are so wrong sometimes?

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No one can be 100% right everytime about the future of a coin. Sometimes they will predict the price right other times they will predict it wrong. Even the best analysts in the world get it wrong sometimes 

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Sometimes what analyst say do not happens or happens opposite to that what they say ,because prices fluctuations is not in their hands it depends on other factors  which changes everytime .

Edited by Akasshh

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Cryptocurrency market always pumping and dumping.Crypto market doesn't stable.For this cryptocurrency analyst goes wrong

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7 minutes ago, ShakilA said:

Cryptocurrency market always pumping and dumping.Crypto market doesn't stable.For this cryptocurrency analyst goes wrong

it's perfectly normal, what is stability? it does not exist it is an imposed fake of the old system! this must already be understood over the years, time goes on and everyone will influence what’s appropriate in the circle.

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because crypto is always unpredictable.

no user can't say bitcoin will pump or dump but they make pump call when dump.

only owners and big wales can told about price.

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Analysts are mostly only looking for attention. Why they are so wrong in most time? Because no one can predict the future. In cryptocurrency, every possibilities are open. So, no one can see the future.

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Because bitcoin value engagements are actually unpredictable, so our investigation cannot be 100% accurate. And that makes the consequences bitcoin is problematical to predict ordinarily as whales manipulate the market. accordingly prices know how to loose change suddenly, therefore be added careful we invest in bitcoin.

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6 hours ago, Rstunirk said:

Because bitcoin value engagements are actually unpredictable, so our investigation cannot be 100% accurate. And that makes the consequences bitcoin is problematical to predict ordinarily as whales manipulate the market. accordingly prices know how to loose change suddenly, therefore be added careful we invest in bitcoin.

The values can not be predicted, sometimes they are correct and the other times they are not just because bitcoin is not stable

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On 10/18/2019 at 1:18 AM, phabulu said:

It's more than 1 week that the analysts are saying that BTC will reach 7000$, I'm still waiting for it, but the markets look doing the opposite, it reached the 8k and today is almost all green.

https://www.coingecko.com/en

Why analysts are so wrong sometimes?

If analyst are always correct in forcasting the trend of the market, all analyst will be rich and they wont share their knowledge because its human nature to compete with others. Analysts are like any trader in the market, they make predictions like everyone else although their approach is more scientific, still no one is 100% accurate since its still a prediction.


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On 10/17/2019 at 10:18 PM, phabulu said:

It's more than 1 week that the analysts are saying that BTC will reach 7000$, I'm still waiting for it, but the markets look doing the opposite, it reached the 8k and today is almost all green.

https://www.coingecko.com/en

Why analysts are so wrong sometimes?

Hun analyst only predict according the old data. So their prediction could be wrong as we do not the future. So they have same kind of the situation.

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On 10/17/2019 at 11:18 PM, phabulu said:

It's more than 1 week that the analysts are saying that BTC will reach 7000$, I'm still waiting for it, but the markets look doing the opposite, it reached the 8k and today is almost all green.

https://www.coingecko.com/en

Why analysts are so wrong sometimes?

I think they right but you get news very late. That's why it happening with you. I found many experts signal are genuine and profitable.


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Analysis on the crypto market is often wrong because the crypto market is difficult to predict, things are always changing on this market, supply and demand is not easy to determine, cause no one can actually analyze the demand of a crypto currency.

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Some people have a habit of giving advice and then lying. It doesn't matter whether you are a loss or a benefit they just complete their task and go away for next targets  so plz be care full from them 

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I know that there are some people in the cryptocurrency world who in the past are not doing analysis on the basis of proper news, have made the mistake of investing in the wrong coins and that is one of the reasons I hope for themKnowing the correct information within me then should be analyzed

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Cryptocurrencies have as their main attribute, emotion, which cannot be quantified on charts. This isn't the stock market, where businesses are analyzed based on fundamentals and so forth.  It's crypto, and there's nothing behind any of these coins except supply and demand.  Since there's no way to predict what the demand is going to be at any point in the future,

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this is a very young market and technical analysis makes me a little ridiculous - I find it stupid to draw charts on the cryptocurrency market.

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On 10/18/2019 at 12:18 AM, phabulu said:

It's more than 1 week that the analysts are saying that BTC will reach 7000$, I'm still waiting for it, but the markets look doing the opposite, it reached the 8k and today is almost all green.

https://www.coingecko.com/en

Why analysts are so wrong sometimes?

which means what, what does this mean is good news for all of us because it exceeds the expected prediction

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Most analysts only wants the fame and they only want to make named for their mind blowing predictions. You know why they always wrong? Because no one can predict the future. Especially if they are all just talk with this price will hit 1 Million and whatnot.

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What is in the crypto currency industry is all abstract, what is thought will not happen, it could become reality. In addition to trusting an analysis you should also be able to measure the losses you can receive.

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On 10/18/2019 at 4:56 PM, Shiftingsand77 said:

Its because btc is very unpredictable and you cannot control the emotion of every investors who buy and sell from the market. Predictions and TA's are only made to bluff the investors and traders and force them to believe the market trend.

Crypto market is going to be buy now and so many peoples which analyse the market they said that the market is going down but some analyst will says that the market is going to be buy and now the market is going to be buy and they are good in analyse the market.


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13 hours ago, M.I.Jame said:

I think cryptocurrency movement is unpredictable, therefore, analytics constantly requires updates.Its because btc is very unpredictable and you cannot control the emotion of every investors who buy and sell from the market. Predictions and TA's are only made to bluff the investors and traders and force them to believe the market trend.

The movement of the market in most of the time are not correct and the analysis get it right. It is not their fault

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Analyst might be right but when the market are being forced to a particular direction Bitcoin have no choice to move, by so doing, you will think Analyst are wrong but they are not.

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I am not good at analyzing, but I believe that the law of digital currencies is linked to supply and demand, and is linked to external events that affect it, such as divisions, some media scare and some big whales.

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Everybody can be wrong sometimes. And analyzers cannot just predict the future of what will happen. The only thing you can do is listening to yourself.

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In essence, crypto cannot be trusted completely. If all the analyzes were correct, many people would have already become rich. All need to be careful, in the analysis of a source. Then you don't immediately trust the source.

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