Cryptocurrency price predictions never come true. Just about everybody is terribly wrong most of the time. Unfortunately, most folks are too optimistic too. So far, a great majority of cryptographic price prediction predictions have been completely wrong.

That’s a pretty big surprise. However, it’s not such a big surprise if you understand the dynamics of this business at the moment. The funny thing is that anybody, from the big Wall Street banks and brokerage firms to small investors, as well as even government officials really don’t know what’s going on. In other words nobody knows the exact future price of any particular Cryptocurrency in any realistic sense.

This is because no one is watching the market closely enough. Sure, they’ll all tell you that the biggest long-term drivers of the price increases are due to fundamental factors like economic stability, but that’s pretty much an illusion. In fact, there are some very subtle signs that the present is over-driven and that things may get a lot worse before they get better in the next two or three years.

The truth is that the only people who can truly provide an accurate prediction for the near future and the long-term future are the cryptographers, the analysts, and the experts in the field. In other words everybody else is simply projecting their personal economic assumptions onto the marketplace. They haven’t taken the time to perform the proper analysis of the market. As a result, their projections are completely worthless.

It is very important for investors to understand this point. If you’re attempting to make the next big investment decision based on current price forecasts from industry experts, then you’re going to get very disappointed. Don’t listen to anybody who claims that they have an easy way to predict when the bubble is about to burst. All those guys are doing is trying to convince you that you should invest right now, with their ridiculous predictions. Their advice isn’t always worth listening to.

The best way to make a good price prediction is to look at real-time data from the network itself. You might be able to reach the conclusion that the network will be overbought in the very near future, and that the only thing that will keep it from happening is sustained growth in the number of miners. This is a very conservative outlook, and it doesn’t require you to make extremely high estimates in order to come to a reasonable estimate.

On the flip side, if you believe that the network will experience a massive, unprecedented decline in the coming years, then you’ll need to make a very high estimate for the value of your portfolio. Even though you may not be able to make a prediction right now, there’s a pretty good chance that you can get a better idea once the indicators start to appear. As an example, if you see that the market has been going up for the last three months and seems to have a good chance of continuing, then you can start to increase your risk tolerance a little bit. That will help you overcome any psychological obstacles that might prevent you from trading aggressively into the future.

There is no such thing as a free lunch. Nobody knows what the future holds, and nobody knows what will trigger a spectacular drop in the price of bitcoins anytime in the near future. However, there are people out there who have made very accurate predictions in the past, and it all starts with having a clear vision of where things are going. As long as you have the courage to stay strong despite the odds, then you too can make a very good prediction.