Why Crypto Predictions Are Irrational

Written by FrederikBussler | Published 2019/11/13
Tech Story Tags: blockchain | crypto | cryptocurrency | crypto-trading | prediction-models | anthony-pompliano | cryptobros | cryptocurrency-prices | web-monetization

TLDR Bitcoin price predictions are the most beaten to death topic in the blockchain space. Anyone can make a crypto prediction, because these are usually backed by nothing, and wild claims will get you clicks. Bitcoin is mostly sentiment-driven, and accurate prediction evades even crypto fund managers and mathematics PhD's, let alone the #cryptobros. Following the market is perhaps the most sure-fire way for predicting the short-term future. If it's going up now, it'll probably keep going up, at least for a bit.via the TL;DR App

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Written by FrederikBussler | Published author and writer.
Published by HackerNoon on 2019/11/13