Many different people predict percentages on crypto, what amazes me how do they come to this certain percentage and why?
Is it hype like we have seen in many other industry's before, what inspired this post was seeing a twitter post of a percentage that had gained. (the tweet is over a week old, just using this as example what to look for.)
CJ +440% I've heard and seen others where there are predictions on crypto, but not always know why they are predicting the up or down.
This gain was one of research (not all are), which is in other industry's solemn but it also rings true home that just because you hold crypto, or trade it you need to always be on top of crypto news.
If you see predictions do your own research to why there may be a gain or loss, don't rely on others to do the work for you, as some may take advantage and be doing it for their own gain than to help others.
Digging deeper into why there was a gain on CJ (Cryptojacks) a week ago.
Masternodes went on sale, coin swap started also - CJ to XBR.
7 days before on CJ tweeted
When you support a crypto it is only the beginning when you support that community, you will need to follow what is going on, which may be via a twitter account, a ANN, or they may have a discord.
So when you see predictions on crypto do your research into why or even ask the person why and how did they come up with that prediction, they might not tell you, but you can only ask.
Remember Crypto is about supporting that community, only go into a community that you support that vision and where it is going, take cake from time to time, go back and support that same community when you can.
What can make a crypto gain
Tech upgrades or announcements
Swaps where gains can be seen
Change over of devs or Take overs
What can make a crypto go into the red (losses)
Project is dead or dying
Many different variables can make a crypto go into the green or red but at the end of the day how can it be predicted that is going to happen....
This is sharing our limited knowledge, this is not financial advice, please do your own research into Crypto before diving into it, crypto tech advances all the time.
How do you predict if a crypto is going into the green or red?
Thank you for stopping by really appreciate it, have a fabulous Day/Evening!
discord if your interested in the crypto sphere, society.