Any of you guys placed any bets for the BTC/ ETH price prediction this time ?
I found ETH price betting to be more rewarding this time since the odds are better for ETH than BTC.
Below are my bets and I think I might win something this time.
As I know nothing about ETH (call me oldschool) I placed bets on BTC only. And on FUN, as the final price seems to be quite obvious and probably it was the last time when we had so wide range (it was already said they will split the 0.005-0.01 range) Odds are very low (1.05 haha) but it is better than nothing.
And for BTC, we have finally 1.93 on 20-25 and 2.99 on 15-20. Looks like a good deal.
I have not made bets on ETH, the truth is that right now it seems to me that the entire market is very distorted, for me a valid bet for ETH is that it remains below $1500, but considering that the volatility is enormous and that we can take into account that voltaildaid could affect a lot if Bitcoin decides to make a very strong upward movement, it could take me out of everything and I would lose. I don't know, but something I've learned over the years is that as long as BTC keeps going down it's going to be a great opportunity to increase satoshis, but in my case I really like to use the multiplier, and make some sports bets
The market is indeed distorted but at the same time we can only increase our stack of satoshis in such markets.
As for the betting prediction part, we should never bet with huge amounts on it.
Consider it as a game and you won't have to worry about the outcome and still enjoy the predictions.
I have bet on many predictions on freebitco.in and most of the times I hit my price range due to the fact that I cover the obvious ranges.
Yes, for me it is quite a challenge, I do not manage very well there, but if there is something that I want to take advantage of and that is, I need the movement of the market, if BTC continues to drop (hopefully not) it would be good to bet everything you can one to allow to lose with the intention of being able to multiply the sats, this is without a doubt one of the best strategies that we can try when it comes to the bearish market, this is one of the things that very few players take advantage of, some do not, they leave everything in HODL mode, which is something respectable and even intelligent, only the most reckless if they bet, they risk and they could possibly win.
We are over 23k, we just touched 23.5. Maybe it is time to start thinking (or just bet without thinking) on 25-27.5 range? Current odds 16.10 are very very tempting.
What is interesting, the most popular bet is still 20-22.5 (2.80, 3,325 bets), but the second one is 15-17.5, with odds 3.73 and only 1000 bets! Was there a quite big amount locked, hmm?
While that is a very juicy odd, I think it is still too early to say that we would reach than range. For all the same reasons, we can dop back again to below 20k. Price remains too volatile for me.
We are all waiting for the price, but we all know that we cannot rush to make quick conclusions about the price, some of us want it to continue to rise, but we cannot rule out that it may be on a bullish trap, just as it can have a rise up to $23k, $24k could go down and that is what is not wanted in case some price bets arise, I would suggest having a little more restraint and waiting for the behavior of the market at least for these days, to see if can maintain bullish-style bullish.
Which is probably in a long while, am very BTC poor now lol 