Ask Leo : how difficult is it to analyze and predict the crypto market

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HELLO HIVE

The records and data for different periods in the market from when it was invented to this very moment would have been a massive bonus to someone who wants to hit it big through crypto had it been that the market is not as volatile as it is.

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The ability to be able to predict when the next bear run or bull run will occur would have even given some traders a massive edge over the market if it was that easy to forecast.

The way the crypto market works does not give me that chance to even think I can analyze and forecast the market to my own advantage an example is this years bear market that many did not believe after all the damage it has done during the spring would still stretch as far as entering into the summer and it got to point many traders began wondering if there would be any bull market during this summer as they've noticed it over the past couple of years but the crypto market decided to show it unpredictable side lasting longer than they thought and now the big question is how long would the bull market last if the bear market had lasted this long.

Another example of the crypto market doing the unpredictable was last years bull market that saw bitcoin reach a close enough high price and many people got Carried away by this and they thought oh! the market would last a bit longer but then we completely saw an upturn in invent that has made so many traders lose massive amounts of money.

This is the reason why it is very important to decide the time frame for the crypto investment you want to make if it is investments for the future then you should consider long time investment, one thing that has been common among crypto assets like bitcoin is that no matter how it has fallen over the years it has always risen high above its initial peak even if it has to be after a year or two.

This makes it nearly impossible and very difficult to predict the sharp turn In invents in the crypto market.

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