Predicting the price of gold is a stupid game

Sometimes it is frustrating to see attention focused on gold price predictions. The more sensational and spectacular the price forecasts, the greater the cacophony.

It is worth looking back at a few of these predictions to help put things in perspective.

TITLE: $ 6,000 gold forecast and gold mining analysis through visualization January 23, 2012

Quote: “If the current gold bull market followed the time and scope of the bull market in the 1970s, the price of gold would reach $ 6,000 before 2014. “

Gold price January 23, 2012: $ 1679.00 per oz.

Gold price March 14, 2014: $ 1382.00 per oz.

Gold Price December 31, 2014: $ 1181.00 per oz.

How far from the base can price prediction be? Gold not only did not reach the target price, but moved in the opposite direction – early the same month – and continued to fall by thirty percent over the next two years, ending on December 31, 2013 at $ 1,205.00 an ounce.

The problem is not in the acceptability of $ 6000.00 gold. This is very likely and possible; maybe even probably. However, the prediction was particularly time-oriented and terribly misjudged in terms of direction and time.

All this is justified. Unless you own a subscription service and / or give investment recommendations to others or issue trading advice.

TITLE: JPMorgan predicts gold to $ 1,800 by mid-2013 01Feb2013

Quote:JPMorgan sees gold at $ 1,800 by mid-2013 while South Africa is “in crisis” and “escalating instability” in the Middle East JP Morgan Chase & Co. says gold will rise to $ 1,800 an ounce by mid-2013, with South Africa’s mining industry “in crisis,” according to Bloomberg.

The price of gold on the day the title appeared was $ 1,667.00 per ounce. Five months later, on June 29, 2013, the price of gold was $ 1,233.00 per ounce.

The call for $ 1800.00 gold was a “safe” prediction. Only an eight percent increase from the existing (then) level of $ 1,667.00 would result in a gold price of $ 1,800.00.

But, as in the previous example, the price vehemently headed south; this time by twenty-six percent in five short months.

TITLE: Trump won $ 1,500 signals Gold … 10Nov2016

Quote: “Trump’s U.S. presidential victory signals $ 1,500 an ounce for gold … in the medium term.”

Gold Price November 10, 2016: $ 1258.00 per oz.

Gold price July 31, 2017: $ 1268.00 per oz.

Obviously, gold did not see the “signal”, because its current price is almost identical to the price on the day when the prediction appeared in the press immediately after the election last November.

And what does the writer mean by “middle term”? The longer the time frame, the lower the value in the prediction. The projected growth of the dollar is twenty percent. If it takes two years, that’s about ten percent a year. In that case – or if it lasts longer than two years – is the title titled in bold valid?

TITLE: Trump will send the price of gold to $ 10,000 10Nov2016

Gold prices and dates are the same as in the example above. With gold where it was ten months ago, when could we expect some progress towards that price target?

More unusual price predictions usually focus on the collapse or collapse of the monetary system. The collapse occurs as a result of the complete rejection of the US dollar after decades of depreciation. People simply refuse to accept and hold U.S. dollars in exchange for the goods and services offered.

Now suppose you own gold at that time. Would you sell it? At what price? For how many worthless US dollars would you part with an ounce of gold?

If someone offered you a billion monopoly dollars for an ounce of gold today, would you take it? How about ten billion?

Okay, so what if we see a sharp drop in the value of the US dollar in the next few years? Let’s say a drop represents a loss of purchasing power for the dollar of fifty percent compared to the current level. That would equate to a gold price of approximately $ 2,500.00 per ounce, which is twice as much as the current level.

This is true if the gold and the US dollar are currently in balance (I think they are). In other words, the current price of gold of 1250/60 dollars is an accurate reflection of the cumulative decline in the value of the American dollar since 1913.

A fifty percent drop in the purchasing power of the U.S. dollar would be reflected in higher prices of other goods and services; a pattern that has become too familiar over the past hundred years.

If there is a functioning market, and assuming you sell some gold and make a profit, how much more will it cost anything else you decide to buy? Do you really think you will be able to buy other valuables at ‘discounted’ prices at that time?

Gold in 1913 was $ 20.00 per ounce. It is currently $ 1260.00 per ounce. That is an increase of more than sixty times. But that doesn’t represent a profit. Because the general level of prices of goods and services today – generally speaking – is sixty times higher than it was in 1913.

There are times when you can profit from sharp moves in gold in short-term situations. In general, these are just before the large movements in the price of the US dollar, which reflect the realization of the cumulative decline in the purchasing power of the dollar. And, to a lesser extent, recognizing when the expectations of others bring the price of gold far above equilibrium against the U.S. dollar.

In 1999/2000 gold reached a low price of $ 250-275.00 per ounce. Shortly thereafter, it embarked on a decade-long culmination that culminated in a top price tag of close to $ 1,900.00 per ounce in 2011.

After peaking in 2011, gold fell to a low of just over $ 1,000.00 an ounce over the next five years. The short-term recovery in early 2016 returned it to approximately the current level ($ 1250-1350.00), where it generally remained without a fall or a fall to a significant extent.

Where were all these ‘experts’ in 1999/2000? And what did they predict then?

And from 2011/2012? They say almost the same thing over and over again. Buy now! Buy more! Before it’s too late!

One day it will be late. But it is now a matter of financial survival more than ever before. The obsession with profit, forecasting and trading has obscured the real foundations.

And one way or another, most people’s profits are likely to smoke before they do anything significant with them.

Gold – physical gold – is real money. It’s real money because it’s a stock of value. And its value is constant. The value of the US dollar continues to decline over time. The value of the US dollar, which is constantly declining, and people’s perception of it, as well as their expectations of it, determine the price of gold.

What is the difference between prediction and prediction?

There are many signaling services, newsletters and sales rooms that offer predictions for the coming days, weeks and months about what the market will do. It’s a very tempting suggestion to give subscribers peace of mind about what’s going to happen to the market. Some believe it is possible to see what the market will do, and subscribers follow those services. Unfortunately, predictions do not exist even if these advisors are visionaries. Even in 50% of cases, no one can consistently give accurate forecasts, the market is either rising or falling.

When traders predict what the market will do, is it the same as predicting? The prediction announces that something will happen exactly in the future with only one outcome, while the prediction is to think in advance about all possible outcomes. Anticipation requires solving problems before they arrive; anticipation expects something to happen without dealing. Prediction tends to take a bias or attitude, while prediction requires careful thinking about what might happen: good or bad.

An example of expectation is when a trader observes prices rising and approaching the old level of resistance. He predicts that prices may continue or reverse. It must be prepared to deal with both scenarios. One is to prepare for the breakthrough and keep going up, he has to determine at what price it will go for a long time and where the loss will stop. If prices reverse, he must determine where the short entry will be, as well as the stop loss. These scenarios prepare him for the next price movements, predicting what other traders will do when prices reach the level of resistance. If he predicts what prices will do, say, he grows and continues to grow. He is not planning a possible turnaround. It focuses only on an upward trend, not on a possible reversal or consolidation. These scenarios need to be constantly considered and planned as markets evolve continuously. This mentality makes a huge difference between a successful trader and a losing trader.

Prediction is a game of losers, satisfying the need to be right instead of the need to make money. The ego is often the culprit to show other traders how good it is at predicting the market direction. In trade, ego and profitability cannot coexist. If it’s not the ego, most traders will look for one direction and then use evidence that supports that bias while ignoring evidence that can support the opposite direction. This bias predicts the future. He is inclined to think until the trade is concluded. It may be a profitable trade, but in the end the trader is so convinced of this bias that when the trade fails, he will have no other alternative in preparing for the loss.

One of the desired characteristics of a successful trader is his ability to prepare all possible outcomes, imagining scenarios that the market can make, up or down, before the trade is concluded. He knows he can’t predict, but he can calculate the probabilities that the market will go one way or another. In anticipation of the outcome, he has a plan for one outcome or another. What will happen if the market moves against its position, where will it come out? What happens if the market favors his position, where does he need to go out to make money?

Prediction is preparation for both outcomes, good or bad. Calculating how much to lose is just as important as expecting to win. This means that the trader will identify on the chart where he will see the entry and two exit points (stop loss and profit target). Having this method, he can identify his risk-reward ratio as well as the probability of trade success.

So how do you overcome this dilemma? Probabilities can be determined by rigorously testing historical data based on the strategies by which the trader plans to trade it. Finding statistics that support his idea that the strategy works will give him confidence in accessing the market and give him a way of thinking to predict rather than predict outcomes. One way is to see the market that shows us either by price action or by indicator.

Recognize that prices or indicators can change direction at any time. Using statistics for educated guesswork, a trader can find out which direction the market is likely to go. But probability cannot guarantee the desired outcome. This means that there must be a contingency plan, or a stop loss, in case the desired outcome does not occur. This is why successful traders have stopped losses. Stop loss is the deciding factor that determines whether an outcome is successful or not. The trader must accept that the market will always be right, and trying to be right will prevent the trader from being one with the market and going on.

3 strong basis for the world of digital currency – cryptocurrency

Welcome to the “crypto” world!

– Domain of Blockchain technology

– Cryptocurrency market

– Bitcoin payment system closet.

So here’s a trend or you can call it the “world of digital currencies” with a great move to progress in the game.

If you avoid Bitcoin and cryptocurrencies today, you will fall into a bad ditch tomorrow. In fact, it is the present and future of the currency that does not know how to stop the steps. From its inception until today, it has grown and helped many individuals around the world.

Whether it’s a Blockchain for recording transactions, or a Bitcoin system for handling the entire payment structure, or Erc20 wallets for defining rules as well as policies for the Ethereum token – everything goes hand in hand and towards a new air of currencies in the world.

Sounds great, doesn’t it?

Moreover, with the advent of such a successful currency mode, many firms love to be a part of this game. It’s actually about helping businesses or organizations get Blockchain technology or cryptocurrencies through any trusted Blockchain development company without any hassle. With a wealth of knowledge and potential, these companies are developing this currency and playing a vital role in the digital economy.

Just a nano-second, if we assume that the cryptocurrency will no longer exist, then what will happen?

Maybe, time will counter on your thought!

Bitcoin was first launched by Satoshi Nakamoto, and the colonizer evolved from that initiative into an innovative digital currency with a spectrum of good things.

So, the question arises – will the development of cryptocurrencies or its parent company for the development of cryptocurrencies disappear or remain until the end?

In fact, it is not possible to predict the future, but we can say that the cryptocurrency or Erc20 or Blockchain or Bitcoin wallet for wallet development will be there with the same feeling of enthusiasm and passion of reaching out to business verticals and organizations.

John Donahoe, a former CEO of eBay, said – “Digital currency will be a very powerful thing.”

And, it turns out to be very precise, how time creeps.

In fact, there are several valid grounds for the success of this concept.

Fraud resistance:

A blockchain is associated with a cryptocurrency. Thus, every transaction is recorded in this public book, avoiding any fraud. And all identities are encrypted to overcome identity theft.

Erc20 takes care of all rules and protocols, so there are no violations of rules and commands. If you are involved, don’t forget to contact the development company Erc20 and develop it in accordance with the rules.

You are the sole owner of:

There is no third party or any other assistant or there is no electronic system that could evaluate what you are doing. Only you and your client maintain an end-to-end experience. Isn’t that a great concept?

Withal, the settlement is immediate and everything is between you and your supplier without any other interference. At the end of the day, it’s your call.

Easily accessible:

The internet has done everything at your fingertips and at your fingertips. It plays an irreplaceable role in the digital currency market or the exchange market. You will have a better option to exchange currencies instead of using traditional and time consuming methods. And it’s a wonderful way to become enthusiastic about the realm of cryptocurrencies.

If you are a business owner and expect a welcome cryptocurrency in your zone, always proceed with determination. Approach a trusted supplier or cryptocurrency exchange developer, discuss everything with all the cards open, and then hit the ball in court.

Bitcoin – at the crossroads of the future

Predictions

As people around the world raise their awareness of the cryptocurrency revolution, investment experts are lining up to express their opinions. In recent weeks, cryptocurrencies have been predicting numbers that defy gravity. It’s not uncommon to see a forecaster on TV explaining why they believe Bitcoin is destined to hit somewhere between $ 250,000 and $ 500,000 per coin in the next two years. At $ 500,000, the coin would have to rise more than 6000% from the current level. The numbers are staggering.
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On the other side of the fence we find uncomfortable. There are many respected financial analysts who are not afraid to warn people of an investment bubble. Some even admit that there may still be some games in cryptocurrencies, but sooner or later the bubble will burst and people will get hurt. To take home the point, they just need to think about the 2001 IPO balloon.
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Technical obstacles

The cryptocurrency revolution is still in its infancy. As such, most coins, including Bitcoin, trade without historical indicators to help investors. It is a free market in its purest form. Unfortunately, free market trading is subject to influence from all directions. Therein lies the rubbing for cryptocurrency investors. With no history to return to, investors must make decisions based on their guts.

There are many obstacles that complicate the decision-making process for bitcoin investors. The coin is always subject to the technical aspects of trading. The exponential rise in prices was driven by high demand and scarce products. Still, investors get a little nervous when the price goes up too, too fast. Then we see the typical correction that comes when the investment is overbought. The problem is that these corrections have been shown to be sharp, which is being tested by a multitude of investors who are not accustomed to such a high level of volatility.

Leaving aside technical analysis, technological issues are leading the market today. There is no denying that the cryptocurrency market had problems. After blockchain technology has been declared the safest approach to disseminating information, there are holes that are discovered almost every day. Mistakes will be worked out because it seems that this type of technology is intended for a striking term. Unfortunately, Bitcoin currently has blockchain technology under the microscope.

No matter how secure any system might claim, hackers will surely quickly expose weaknesses. The cryptocurrency industry has already been haunted by hackers who stole billions of dollars in Bitcoin and other cryptocurrencies. Losing money to hackers makes investors a little nervous. It also allows for an abundance of lawsuits by those damaged by technology that may not yet be as secure as promised.

Fundamental barriers

There’s an old saying: when school teachers and janitors start making millions from investing, prices will fall because we need school teachers and janitors. It is true that governments get annoyed when residents start losing money or making a lot of money without paying taxes. It is no coincidence that India and South Korea are among the most active countries on cryptocurrency exchanges, but both governments are considering banning trading in all cryptocurrencies. The United States, potentially the world’s largest bitcoin player, is working in Congress to decide how to regulate the cryptocurrency market. They have already banned several exchanges due to possible fraud. China is discussing a direct ban, while Europe appears to be following the US leadership.

If Bitcoin or any other cryptocurrency aspires to become an international currency for everyday payments, success will underpin the world’s largest economies joining the parade. Unfortunately, the main players (mentioned above) seem to be moving in a different direction.

The biggest concern seems to be Bitcoin’s appeal to the criminal element. Evidence is presented showing that North Korea stole Bitcoin to help fund its nuclear program. ISIS routinely moves money between its affiliates via Bitcoin, undiscovered until it is too late. The drug trade also enjoys the anonymity provided by chain block technology. More and more initial coin offers (ICOs) are proving to be common scams. These are all serious questions.

These are all fundamental issues that must be resolved favorably if cryptocurrencies are to survive and one day thrive.

Search or solutions

Mostly people are interested in all aspects of cryptocurrency. Bitcoin has already shown the potential to easily resolve payment problems between customers and suppliers. However, trust is a big issue going forward. If the property of anonymity is the driving force behind the cryptocurrency revolution, it will be difficult to get governments to climb up and approve cryptocurrency trading.

Let’s look at how South Korea decided to solve the Bitcoin problem. The South Korean government recently passed a law authorizing six Korean banks to allow their customers to trade bitcoins from their bank accounts. There is only one provision: the account must be opened in the real name of the customer. Poof! Here comes the function of anonymity. However, South Koreans can still trade Bitcoin through Bitcoin wallets as long as tax evasion is not the reason they want to do so. It’s a nice compromise, but its appeal may be limited.

In the next few months, investors should start getting answers to many questions. Until then, the prices of Bitcoin and other cryptocurrencies will remain volatile. The price will rise due to demand, but will fall every time a new edition becomes news. Until prices stabilize, people should focus on one investment rule. Never invest more money that you can afford to lose. In fact, Bitcoin is reaching its crossroads.

Where the money screams!

Foreign exchange currencies are the largest, most dynamic market in the world. About $ 1.88 trillion in currency is traded daily on a market that literally doesn’t sleep. Centered in Tokyo, London and New York, traders operate smoothly across borders and time zones, even multiples of $ 1 billion, in transactions that take less than a second.
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And the development of the Forex market in its current form has left it almost unrecognizable since 10 years ago. Back then, banks traded currencies on behalf of their clients through merchants who held multiple phone calls or perhaps using the relatively new electronic systems offered by Reuters and Electronic Broking Services (EBS). But today, customers can work with banks on a number of platforms, and the quiet hum of computers has removed the noise level from retail floors.
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“Old timers” complain that a large number of “personalities” have been exhausted from the trade by the rise of impersonal systems. But the market itself is, if nothing else, stronger now than it was then. Many banks and trading platforms report a large increase in recent traded volumes. And, by allowing some growth in market share, most believe that overall trading activity has increased as market transparency and access to it has improved where it is much easier to see what everyone is doing.
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EBS recently said that half of its 35 busiest trading days since the company was launched 10 years ago were in the first two months of 2004. Reuters said it saw 35 percent growth in 2003 compared to 2003 in spot market transactions and that year, to date, he estimated that the amount of spots would be 50 percent higher than a year ago.
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How Forex Comes Into Its Own!

“FX has come of age as an asset class in the last five years,” says Nick Beecroft, head of foreign exchange trading at Standard Chartered. “There are a lot more activities of active hedgers and asset managers in other classes who care about foreign exchange much more than five years ago, let alone 10 years ago.”
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At that time, the market mainly consisted of direct transactions between banks. The technologies introduced are designed to replicate these direct offers. Approximately 50% of foreign exchange transactions were conducted by interviewing two contracting parties, and an additional 35% through voice brokers, who “matched” bids and bids without either party knowing who the other party was.
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In other words, there was no “transparency” in the market because no one ever knew what someone else was actually doing!
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Reuters launched its first screen-based system in 1982, and in 1989 it followed it with a conversational platform that mimics dealer phone trading. In 1992, a matching system was launched designed to reproduce the role of voice mediators. The EBS Matching Platform was launched in 1993 in an attempt by banks to curb Reuters ’development of a monopoly position.
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The creation of electronic intermediation for the interbank market has given smaller banks, which have never had easy access to the most favorable prices, the opportunity to do business with larger banks on an equal footing because of the transparency they have with electronic foreign exchange pricing. Today, only a few specialized brokerage houses are still operating, and the bulk of interbank business flows over Reuters and EBS platforms.
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Look, Mom … No banks!
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Since then, however, there has been another earthquake in the Forex market … an approach to price transparency by people outside the good old banking world.
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You can stream real-time market prices across your desktop!

Web platforms such as Gecko Software’s Track N ‘Trade Forex give anyone with an Internet connection the opportunity to get offers for any major currency pair and trade on their own. And the other side could just as easily be another fund manager as the bank!
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“The market has changed more in the last three years than the previous seven,” says John Nelson, head of the global foreign exchange market at ABN Amro. “One move of the key will send the trade from the background of one counterparty and place itself in the background of the other counterparty almost instantly.”
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And, this rapid delivery of prices has now leveled the playing field and expanded the reach of foreign exchange trading beyond the core market of investment banks.
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“What differentiated banks from customers back then was that banks could see real market prices and customers didn’t. Rewind so far and see real-time market prices spill over over my desk,” says Justyn Trenner, executive director of Client Knowledge, an independent research firm. “This makes it much easier for more sophisticated fund managers to actively trade foreign exchange as an asset class.”

But watch out …

… don’t trade these things on a daily basis, because the almost instantaneous spread of news, data and price information has led to what market theorists call high efficiency – the exact price at any time. This affected the way currency pairs moved.

“You get more zigzags and zigs in the trend than you’ve ever seen because everyone reacts to every news at the same time,” says Chris Furriess, senior currency strategist at 4Cast, who compared today’s behavior to a shoal of fish that all change direction at once .

But the advantage of more dramatic intraday price movements, especially in the last two years, is the higher overall volatility you can earn if you catch a general multi-year upward or downward trend and ride alongside ADR stocks – international stocks traded through the NYSE!

“Having absorbed the uncertainties surrounding the launch of the euro and despite the reduction in the number of traders, this is a very healthy time for the market,” says Mark Robson, head of treasury and fixed income at Reuters.

There are new direct players as a result of new trading opportunities as the price field is leveled. Many smaller banks are now on the sidelines.

Once again, they can specialize in their regional currency, but are usually clients of larger banks due to the cost of a new wave of trading technology.

Several banks with the deepest pockets have developed and run successful in-house e-commerce platforms that add the amount they trade and their profits. In return, they can afford to offer customers bespoke products that are becoming the norm.

“Intense competition in this space means everyone is trying to differentiate themselves through customization,” says Joe Noviello, director of e-speed information, Cantor Fitzgerald’s online platform, which expanded to Forex trading last year.

Crypto signal services – choosing the best

Crypto trading can be profitable when a trader manages to keep the market continuously non-stop. However, this is something that can be challenging to do, but fortunately there are crypto signal services that can be used to provide much needed trading assistance. They offer signals so that traders can make the right decisions with their trading at the right time on the issue. With such popular cryptocurrency trading, a number of crypto signal services have emerged. So how do you choose the best one to offer valuable information to make your trading the most successful?

Quality of service

This is one of the most important factors you should consider when choosing a service. The trading platform should have an impressive success rate in forecasting and should also offer relevant signals to guide you through trading and market trends. Signals should also be sent immediately, to match actual market activities. Make sure they generate signals in the fastest way possible; it makes all the difference.

Reliability

Keep in mind that you will trust them to guide you in their trades and therefore you want to choose someone you can fully trust in making safe choices. This means that you should choose a supplier that is 100% legitimate. A supplier who says they generate signals is more reliable whether they are expert traders or automated software. In a world full of scams, you really want to be careful who you choose to work with.

Free rehearsal

One of the best ways to recognize if a service provider is genuine is to offer you a free trial of the services they offer. This applies even when it comes to crypto trading. A provider that offers free signals for a limited time gives you the opportunity to determine the quality and reliability of the service. By trying before investing, you enter the services with complete confidence. Legitimate signals will have no problem, giving you the freedom to choose to work with them or look elsewhere in case you’re not happy with what you get.

Prices

Even with the free trial, you will definitely need to subscribe to the services at some point. Avoid suppliers offering signals free of charge, as they may not be legitimate. However, you should also not be deceived into paying huge subscription amounts. Prices should be reasonable for the quality of service you enjoy. Do a little math and research to make the right decisions in the end.

Support

In addition to being available non-stop for help, you should be versed in digital currency exchanges and the app they offer you. Without this type of support, you will still have problems that enjoy the value that services need to add to you.

Tips for choosing the best crypto signal service

If you pay attention to the market, crypto trading can be profitable for you. However, sometimes it will be difficult for you. Fortunately, if you need help, you can contact crypto signal services. The signals they offer can be used to make the right decision at the right time. You can choose from a lot of service providers. Here are some tips to help you choose the right one. Read on to find out more.

Quality of service

When you decide on a service, quality is a factor to consider. Ideally, the trading platform has a terrible success rate in terms of forecasting. In addition, relevant impulses should be given so that you can get a better idea of ​​market trends and trades.

Moreover, you should be able to receive the signal immediately so that you can make the right moves. The service provider should be able to generate signals as quickly as possible.

Reliability

Keep in mind that the service should be reliable because you will make your trading decisions based on their guidelines. So you might opt ​​for a service you can rely on. It’s the only way to make the right choice and be on the safe side.

What you need is to hire the services of a service provider that is legitimate. You will consult with professional marketers, not an automated software program.

Free rehearsal

How can you find out if the supplier is genuine? The best way is to instruct them. Many service providers offer a free trial service. This is true even if you are going to hire any service, not just crypto trading.

The trial service will allow you to find out if the service is reliable. Once you test the service, you can pay for it long term.

Prices

After the trial period expires, you will have to pay for the service. Here it is important to keep in mind that providers that offer crypto signals for free can be unreliable. In the same way, you may not want to pay a lot of money for the trial period either. In fact, the price of the package should be fair so that you can enjoy the service without breaking the cost. So, you might want to do your homework to get the right service without spending a good amount of money.

Support

While it’s great if their support is available all the time, the most important thing is to get the right information at the right time. They should be able to answer your questions until you are satisfied.

Without reliable customer support, you cannot benefit from crypto signal service the way you should.

In short, if you are going to hire a crypto signal service, we suggest you follow the tips given in this article. This way you can make the right choice.

How to find predictions for cryptocurrencies?

If you have invested in a cryptocurrency, you know that given market conditions it is of the utmost importance. As an investor you should be aware of what is happening with different currencies and what other traders are saying about the future.

Therefore, if you want to make wise investment decisions, it is better to consider cryptocurrency predictions. Fortunately, there are many resources on the Internet that allow you to research and search for predictions. This can help you stay ahead of others in the market. Be sure to stay away from fraudulent people and other schemes that are claimed to enrich you overnight. Here are some credible sources of predictions that can help you succeed as an investor.

TradingView

If you are looking for a reliable forecast source, see TradingView. This platform offers great drawing tools that anyone can use. It doesn’t matter if you are a beginner or an advanced user. This platform allows you to know how different types of cryptocurrencies behave over time. So you can predict their behavior along the way.

One of the main reasons this platform offers reliable predictions is that it has a large community of experienced investors who are always willing to share their knowledge. In fact, over 3.3 million active investors are part of this platform.

Finder.com

Finder is your ideal source if you want to gain valuable insight into the future of cryptocurrencies from various, trusted authorities. In fact, Finder regularly consults with finance and cryptocurrency experts and publishes their predictions for other investors.

The platform also works with panelists from a variety of industries, such as news, finance and technology. Based on conversations with these professionals, the Finder can give accurate predictions.

Bitcoin Wolf

Bitcoin Wolf is another great platform that can provide accurate predictions about cryptocurrencies. By joining the chat rooms of this platform, you can talk to other experienced investors day and night. In addition to this, you can take advantage of other great features offered by the platform, such as real-time alerts, peer counseling centers, technical analysis, etc.

This place is the best platform on which you can discuss the future of these currencies. And the great thing is that experts will give you a deeper insight into this world and help you make informed decisions.

When it comes to investing in cryptocurrency, do your homework first. It’s a great idea to consider predictions so you can make the right decisions. You need to pay attention to what other experienced investors think about the future. Other than this, you might want to get the point of view of industry experts.

Final Thoughts

So, if you check the above sources, you will be able to get an insight into the minds of other investors in the industry. This way you can make better decisions that will ensure that your business becomes profitable. It is better to check the predictions regularly.