Topic: How many of you use "Crypto Prediction Applications" for trading? (Read 354 times)

I haven't even try using any ever since I have been into trading for I am doing my decisions based on what I see on the market trend and from the news I read regarding cryptocurrencies as well as thorough observation on what is the behavior of the coins I am currently trading with. I do not intend to use any crypto prediction applications for I am satisfied on how I can carry out my tradings successfully based on the skills I have that I improve base on the experiences I got and I guess no one can really perfectly predict crypto market for it is volatile and no one can exactly predict what can happen over time. It is just mere instinct and observation as well as thorough research I am doing on my trading.

I guess the market still depends on its investors, no one can predict the crypto market, but we can use some trading algorithms like Mudrex for us to have a better and good trading strategy. But still, we should do some research on the assets we are trading for since we can't blame anyone for our losses but ourselves.

Is there anything like cryptocurrency prediction application I don't think there is any application that can give you accurate prediction. Me personally I don't believe you need cryptocurrency prediction application because I believe it those not work, the prediction upload on application is been done by someone like you I believe since it is been done by human being it can never be accurate. The best thing you should always do is make research yourself about any coin you want to buy and if you think the coin is legit and that's the right time for you to buy it then you can buy it, or after checking for prediction on application you still have to do your own personal research before buy dont just buy the coin because you are asked to.

Crypto predictions applications? Are there anything as such that will be giving you accurate predictions and where are you downloading such applications from, the Appstore? Because what I know is telegram groups that will be giving you notifications on trades to make and all of them I have seen so far are not worth it because they don’t give accurate predictions unless the VIP ones which I don’t know about.

There are some that claims to offer VIP services and they claim the VIP services are always very accurate , I can’t tell you that for sure because I have not tried their services. But if the free ones can’t be at least 50% accurate, then what’s the need of going for a VIP services? Lol. It’s of no use, it’s better I just do what I am doing by myself.

The market can't be predicted accurately or even close to one.

These crypto prediction applications are only for educational purposes. Their prediction is based on the current market behavior and product of chart reading but the success rate for it to happen doesn't have any assurance.

You can refer to their pointers as your factors on your next move if you think their prediction is a healthy one, detailed and good analysis.

This is exactly what I have been thinking for a very long time, using any kind of application, software or signal group is the same as if I went to the street and I began to ask random people what do they think I should do when it came to my financial decisions, I think any reasonable person will understand that such a thing is completely crazy and if that I happen to find success with such strategy it will be pure luck and it will not be a sign that I should keep doing this.

And while people can very easily understand that the above example is completely wrong, for some reason they think that asking people for advise on the Internet is somehow different when it isn't.

Nobody should really think they could predict the market, there is nothing that could predict the market, but that is the selling point of all scam artists. At the end of the day if you are going to end up with almost nothing at all, it means that it is a scam, even if the seller actually believes that they could make a profit from this, and fail to make it, that is still involuntary scam.

You sell something that suppose to make people a profit, and you use it yourself, and you make profit, and you let others use it, and they fail and not make any profit, that means it is still a loss and a scam. So, all these prediction applications are scams because technically speaking nothing can predict the future, there is nothing like that. So this means there are scammers out there and there are people who think this would work and get scammed from it as well.

I don't really suggest relying on such app if there is one because for sure that should be not accurate compare if you're the one who is going to predict the price after you chart your coin's data. I only use tradingview app or you could use browser to access that and it will gives you very easy access to all coins, when I say coins, I mean fiat and cryptocurrency.

As a trader, I always predict the next move in the chart of the coin I'm trading because it's better to lose or win your funds that way rather than losing because you trusted a certain app for price prediction.

Why do you think these apps can predict what happens to the market?

99% of the time when some app or signal group claim that they know what happens in next week/day/minute in the market they're just lying and it's not true.

Have you ever asked yourself if they're so good at predicting what happens to the market, why they need to create an app/signal group to make money, why they just don't make money using that data?, like shorting with leverage when they know bitcoin or some altcoin is going down, or longing with leverage when they know it's going up? wouldn't that make more sense if you're so confident about the prediction data you're providing?

My suggestion is to just learn some basic TA and start using some decent indicators such as RSI to get better entry and exit prices for your trades/investments, it's not 100% or even 80% accurate but it helps and it's certainly better than some random app telling you when to buy or sell while they have nothing to lose and you're the one that will be losing money if they get it wrong.

They ar just useless I think. Their predictions are just baseless. If their any prediction hits it is just a coincidence  i think.
Some people really depend on these application instead of doing their own research. Which make them face losses.
So its better to do research on your own and take a decision depending on your own knowledge. Atleast you don’t have to regret.

I don't think anyone uses it. And even if someone uses it, they are living in a fool's paradise because trading is not a matter of prediction. Trading is a dynamic subject that constantly changes its position on the needs of the market. What is the use of crypto prediction applications where the market is volatile? I don't understand. Crypto trading or: Even in normal life, in the case of trading, each person runs their business in different ways, and from there comes success or failure.

Me too, I have not been able to use crypto prediction applications and I also do not see myself using that even in the future.  I do not trust that because we know that market movements are very unpredictable.  You will learn nothing if you rely on such things.  It is better to study the strategies often used by traders just like how to look at data and records.  Although technical analysis professionals are also mistaken, how can these unknown applications.

No I did not use any crypto prediction app ever. That's  really trust worthy to use? Or it’s also act like telegram pump dump group? That first buy and send signal/prediction to public so that they can make some sure profit from that? 

I have no idea about the crypto prediction application. And I don't believe in that either because trading isn't that easy. Trading is a completely intellectual activity and everyone has their style and strategy. Trading is a practical task that depends on the situation and changes over time. It can never be controlled by an app.

That's right, with the indicators that have been provided it will be much more effective, we only need to learn and apply them in the field. with the help of media that has been provided in full aims to make it easier to analyze. But in fact some of us don't have the mentality of traders, they prefer instant without seeing the impact of such dependency analysis applications, which in the end will just be a waste of time without having any new knowledge.

i dont use an app like that because i dont know the background of the app creator if he knows what he was compiling . im a vicitim of fake apps or apps that put ads on the app to earn from your views and clicks  .

 if i want to find a crypto prediction i will sneak at bitcointalk , on my telegram selected group and lastly my favorite is twitter . telegram and twitter have their own app but you can choose the people or the group you want to follow . its not like a single predicting app we hated

Why would you be making use of an application that is doing predictions for you, and what makes you think that they are going to be accurate? You don’t just download an app and be waiting for when they will give you notifications to trade and you rush out and start trading and thinking you will make it, nah it doesn’t work that way.

Moreover, it’s good you have had the experience, you are the one that said you tried a lot of apps and they are not working. Even people who join telegram tradesignal groups where you have to pay money, they still complain that the predictions are hardly accurate, not to talk of an ordinary application you download on App store, what makes you think the Devs will commit time in making he right predictions?

Not much because it will make me confuse, I only use trading view for technical analyst and some medias like investing.com,  cointeleghrap and twitter, just that. I never see any other prediction I mean someone who known as an expert to trade in bitcoin and altcoin. Because I have a bad experience when follow other people stratgey.

So, I just decided to make my own strategy or my trading sistem and until now it is work to me although I need to spend a long time to know where I should entry, taking profit and put the stop loss. By doing that, I'll know what should I do when the market situation move different with my prediction you will imagine what will I do when I met the condition, I'll choose panic selling at that time for sure.

Stop relying on these tools and just study how to read a certain chart, It'd be more accurate and could bring you an even greater fortune. Trading without the right knowledge and use of technical analysis is like tossing a coin. There is an equal probability of profit and loss. It helps traders identify the proper entry and exit points, I.e. it helps to identify the right time to invest in the stocks and again the right time to withdraw the money with profits. Identifying this right time can actually make a lot of difference in the trading world.

Not to mention that it helps us, traders to understand the market conditions in a simple manner with the help of basic charts and patterns. Technical analysis thereby makes it very simple and time efficient for a trader. Thus the correct technical analysis is one of the most important aspects of a trader’s life. If you learn the basics, then try reading the BTC to practice. Goodluck!

I just found out about a prediction application like this. it is the same as the signal on a telegram group being manipulated by some people creating the group for their own benefit. It is the same as the prediction application as op mentioned, only the difference is using the application media installed on the smartphone.
I never believe in predictions like this, because I know some of their predictions are just manipulations. It is better to do your own analysis using the indicators provided for free on TradingView and of course it will make us learn about trading even better.

I see it the same way, but understand how it comes about. In my early days of trading (around 2016), I followed a lot of people on Twitter who claimed to be able to predict the next trends and price targets.
Especially when you are inexperienced, you like to rely on such predictions and hope for a "get-rich-quick". However, reality catches up with you relatively quickly and you realize that these people know just as little as you do, but can simply market their lack of knowledge better and thus even make a profit with paid services, where you get their (false) predictions sent to you "even faster". In a nutshell, 99% percent of the predictions were wrong or already outdated when you read them. In the end, it was just a learning experience for me.

Nowadays I still have exactly 2 of those people in my Twitter feed: Tone Vays and Brian Beamish, but not because of short term trading predictions but because of long term trends in Bear/Bull cycles. 

I don’t use any Application for crypto currency price prediction becouse i don’t know that this type of application are really workfull or not. So i don't like this type application for cryptos.     

Using crypto prediction app is the same as entrusting all your financial decision to some stranger over the internet.
If you have no problem with doing that then that's okay but you should consider making some analyzation to create prediction by yourselves. These kind of app don't exist just to provide some free information to people without a cost.

They could be taking advantage of the information they share to you like buying the coin first before sharing the information so they could reap the profit.

But, the app really could predict the future though, or more like creating the future by pursuing people to buy certain coin or making pump and dump signal.

I am sorry to disappoint you but there is only one way to make profits in the markets and that is with your own skill, in a way I understand what people are trying to do, they understand they have no chance of making money in the markets but they still want to win so they plan to borrow the skills of someone else to get to their goals.

But it does not make sense, if anyone can predict what the market is going to do instead of giving advice that person should be trading the markets and making a fortune, so as you can see there is no way around it, if you want to obtain profits you will need to begin to read some books about the subject and work hard towards your goal.

The only trading method that I use and will always use is my market research and “gut feeling”.  That’s best one you can ever have I believe. There is no such solid thing as trade forecasters or applications for that matter. Moreover in case of crypto currency which solely decentralised one, has got flexible volatility. Meaning it would be almost impossible to predict the future in crypto trades. Also don’t fall for the bot trading. It’s worst way of loosing your money on the trades.

Just learn, invest, trade and book profits. Repeat!

I really do not get why would people pay for some stranger's predictions, why would that be worth any money?

I understand that if there was this one guy that knew what bitcoin and few other coins would do every day and gave you exactly when to buy and exactly when to sell and always made money, you could consider putting money into something like that to get predictions from that person.

However does nobody realize that if someone was always right about predicting the price, they would have probably just do it themselves and make infinite amount of money in return? Why would anyone be awesome at trading and yet still sold their predictions? It would be either not available or would be free.

1. Prediction is just a prediction it can help you and maybe not? The next thing you could do if you use prediction apps.

2. Use another individual app that can alert you to the value or price of bitcoin.

3. Next is I will enlighten you on that part THAT the most reliable source you can say will be yourself studying how it goes up and down will help you but remember if you made a mistake don't stop from that you will see what went wrong.


studying can be useful when some bought a billion amount of bitcoin it will affect the price within a minute.


An application that predicts will help you but on the other hand on that part like I always said that whoever buys bitcoin a million or billion dollars will not help you.
 
You see something in the ad don't believe it will help you sometimes when I talk about trading an ad pops up to me saying that I could copy others trading strategy acting that it helps one other user but in reality, there is a chance of 70% if you don't study and just rely on that prediction app.

I don't know if you will believe me cause if you can figure out from what I have said that I don't use any other trading app cause from the very beginning that I joined bitcoin I learn to read.




I Agree, with this if say I saw that for the year 2021 the price of bitcoin will be a hundred thousand but it doesn't because we have a so-called correction plus the thing that I said already said at the beginning.

You have already mentioned the reason why you shouldn't follow this crap. Obviously, even a professional trader is having a hard time predicting the market so what algorithm does this prediction app is following?

It's the same as following a certain signal group. It's only for reference purposes but not that you will actually follow it.

If you want to be involved in a trading discussion group, I suggest joining the Binance Telegram group (https://www.binance.com/en/community) either on their general group or if there's an available group for your locals. There are "real-traders" lurking there and you might have a good read on their discussions.

So basically OP is using/finding apps to predict the future? lol

If something like that already existed I think most of us are already rich, don't you think? And also the owner of it wouldn't bother to sell it to everyone if he can enjoy the overflowing money from trading alone. I don't know what you were thinking, OP but I think TA is better if you do understand it and how the market move because a lot of factors can change the outcome of someone's prediction.

You need to make your own TA for future understanding and also learn the basics first because that's your key to success. Nobody is trading for the first time gets rich already, it's the other way around.

I like to trade, and before everything else we need to clear one thing, you either wish to have fun and earn if you can, or you can take it more seriously and try to be more professional about it!
Simply I don't use any prediction apps or any other tips... I am following my own feeling about the future price movement, I mostly base my prediction on things I read here and from some people I trust, I aim for mid and long run trades, and I am ready to wait before my orders get executed, that can happen sooner or later, but they get executed eventually! Because before everything you need to learn how to be patient, and to wait... whenever I hurried I made a mistake, so now I don't listen others too much, I am focused on my predictions and I wait for my moment to come!

The success in trading is when a trader can be able to be patient and disciplined in a way he can fully learn and understand about trading, starting little with very low amount he can lose and never be affected to continue learning and having experience. Just like you commented, using prediction app is just the beginning of failure for an inexperienced traders.

Crypto Prediction Applications is more like a BOT or EA this will not or cannot give accurate signal for crypto trading, it is the combination of lagging indicators that might likely give a false signal for a buy whereas the price is already changing trend for a sell. the best bet is to do away with those apps and study your chart, analyze your charts after-all there are many resources for learning how to trade cryptos with charts on the internet, do your own research and come up with your own trading strategy.

Unfortunately, I haven't used any "Crypto Prediction Application" and I don't plan to use it either because you better know that the crypto market is hard to predict or is it possible to predict. Much better if you will rely on the news or what is the trend just like what I've been doing because these things commonly affect or manipulate the market for example where Dogecoin insanely surge up just because of a bunch of Reddit thread calling for it to reach $1 and the same issue when Elon adds Bitcoin on his bio on Twitter leaving Bitcoin surge up for a meantime. Besides, you better not believe in anyone's predictions perhaps making your own would be much better. You could also try to read the market chart rather than taking a prediction.

I'm not sure if you've ever tried one of these apps. Basically, the apps are free, only a few are financed by ads at all. What has to be paid and brings revenue, however, are those predictions, of which you only get a handful for free and then have to buy them for money - and those are rather expensive. So this is very similar to the concept that many games use. You can basically play for free, but if you want to level up faster and still win against other players after some time, you have to invest money.

Another business model is that with some apps you have to deposit BTC and "trade" directly via the app and participate in the predictions. This is of course very dangerous, as you do not have the private keys to the wallet and your valuable BTC could be gone at any time.

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In general, you only need to look at the comments of the reviews in the Google and Apple stores, because many people lose a lot of money with such apps - or are even scammed. OP mentioned a few, just take a look at the stores:

CryptoCoins Forecast @ Google Play Store

I would never use any of those. And since you have used it, Don't bother trying out another cause you will continue to be unlucky.
This type of apps are been created merely for adsense earnings through ads, they barely serve it purpose. Those who fall for it are newbie who haven't know much Bitcoin prédiction and it works.

You could have added a poll to this thread to see a percentage of users who replied to the thread.

Personally, I have not used a prediction tool/app for trading. After years of learning the chart, I think people will just rely on their instinct and just try to value the ones they've predicted. Tradingview will be their go-to app to confirm the trend not the price prediction app.

By "Crypto Prediction Applications", I mean  applications like "CryptoCoins Forecast, Bitcoin Price Prediction, Crypto Forecast,  xPairs Signals etc. You will find them all at Google Play Store.

To be perfectly honest: If the creators of these apps were successful in predicting the market, they wouldn't need to build and sell apps.
Such apps are mostly based on very simple indicators like any trading bot can do, so there is absolutely no "magic" behind it.

I also don't believe in depending on predictions in general. It would make more sense to follow well-known traders like Tone Vays or @PhilakoneCrypto, who are also wrong with 49% of their predictions, but that's enough to end up with profits.
However, these traders usually explain their trades and predictions very well, so you can definitely learn something from these guys and then implement and apply what you have learned yourself. @PhilakoneCrypto had published a lot of learning videos for free on Youtube some time ago, that might be a good start to deal with his trading behavior (which is sometimes very aggressive and fast).

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Just google "Crypto Prediction App", there are a lot of such apps available, both free and paid.

Not tried yet any crypto prediction apps, Did you mean like Cindicator app? Its the only app I know gathering stock and crypto predictions on random people in exchange of their utility tokens for any predictions they want to join, if you are spending money on some predictions app this will not totally give you accurate results  much better to learn how to analyze market for a possible profit.     

So far, in my time in the cryptocurency world, I haven't used a prediction app to trade at all. maybe I prefer to find information with various strategies from theory and apply them directly. because I don't just want to rely on instant stuff, I want to fully master all aspects of crypto trading. To be honest I worked on it until I found what I was looking for, if today I didn't get that knowledge, I would chase it back until I got it. this is my principle not to depend on other people's predictions. because if I depend on predictions, then I don't have any progress for myself.

for me the prediction is just an illustration.

I don't.

The first question anyone should ask themselves before using any form of "Prediction Applications" is — If the tool were that good why would the developer want to sell it? Trading is highly speculative and as such no one holds the holy grail. Those of us who trade are speculators and we should quickly remember that every trader has a bad day. It's not all perfect for even professional winning (profitable) traders. Profitable traders do stumble from time to time and there's nothing bad about that. Don't rely on anyone to provide you signals or buy their tools. Those selling it aren't perfect traders. The best approach will be for you to take it upon yourself and learn the skills for trading. That way you will be able to make your own calls. If mistakes come, it will be something you can own up and reevaluate your trading plan. With time, you will get better at it. The best place to start is learning Technical Analysis.

I don't use crypto prediction applications for trading because that will not give the right predictions. I think that will almost be the same as if we join the telegram trading signals group because you will get the signal without analyzing the market. It will not be recommended because you will not analyze the market and depend on the market to buy or sell the coin. They will not know what will happen to the market, and if you don't analyze by yourself, you will get a wrong direction to trade.

Perhaps, if you only want to learn about making an analysis, that apps can help you analyze, but to be used for trading, I don't think that will benefit you. But if you still want to use that app and your trade is based on that apps, you will risk your money because those apps will not help you much with the current market situations.

I actually haven't heard of such apps before. All I have are indexes, price watch apps etc. so that I can regularly check prices and set price alerts which help me a lot. IMO, a crypto prediction applications won't be accurate so you shouldn't just fully rely on it. It would be better to install apps which gives you daily updates on crypto news or a price watcher which may be worth your while. I created a widget where I can place a watchlist for cyptos I've been tracking and its really helpful for me since I see it in an instant whenever I open my phone. I also have a discord bot which allows me to check news and events related to crypto. Use these kind of tools to your advantage, you might be able to create your own price prediction with these kind of tools.

I have seen numerous on them getting advertise on some of the trading group I was a part off few years back but I can't recommend any or even remember their names, though we have more of websites and signal groups than the apps developed for what you're seeking for. The problem is that they're just like most pump and dump groups we have that disguise themselves as trading/signal groups. You'll lose more both via monetary value and experience patronizing any of them if you finally get one.

Instead of relying on them, why not work on yourself to perfect the skills of trading, those that are professions today all started as a newbie but it was  their determination that kept them going. You can take classes online or physically. There's no better experience than doing things yourself. You benefit In all ways as you can also sell your service and get students that'll be willing to pay you to learn as far as you're now good and have proofs to prove that.

I didn't know something like this exist. You know that predictions are directly prediction and it's not 100% accurate, nothing is. You weren't successful because it doesn't really work and it's just probably make believe. I think those types of apps shouldn't be downloaded because it's just there to make money off you showing ads.

How long have you tried it, btw?

Prediction app? That would be unrealistic concept to be developed in an app. Sorry OP but not pessimistic here if there is a prediction app with above 70 to 80% now that app is gonna be a good product but that is way impossible especially if your use case is for trading purposes.

Even on trading indicators and parameters have been used too actually and not giving a solid result what more in a prediction app. Even they based it on historical data they could not give a good outcome for that as volatility is really heavy on crupto market.

Some thoughts

• Install many apps on devices is bad
• Predictions or forecasts are bad if you depend on them for your decisions. It is worse if you bet with predictions/ forecasts you believe in. It is worst if you make loan and bet like that.
• Crypto market is a finite market and it is manipulated by news. Predictions/ Forecasts are based on past price data, fractals, patterns, etc. and those parameter can not beat news (especially for trading).
• You must have your own minds. Relying on minds of others won't help you rich and won't help you to protect your money
• If you don't have much experience, learn from courses or tweets of senior, professional trader as Peter Brandt
• Use predictions/forecasts or not, if you get profits, try to separately withdraw your capital. If you use all to trade, you will lose them all in bad day(s)

One thing I have to learn here while I was going back and learning everything again that prediction is just a prediction. Why?
The possibilities can be 50% correct and 50% wrong.


In December 2020. I was searching for the 2021 value for bitcoin      
(the prediction) is written that the amount for bitcoin value can go up for a worth of 50,0000 USD, sadly it changed the said prediction was incorrect. Why?

The market value needs a correction also the possible reason is a person who can buy and sell a big amount of bitcoin for a worth million and a billion dollars, that will make a change from the said: "predicted value"


As every people said, reading and learning is the number one source and 100 % accurate answer.  From my experience,  BY DOING WHAT YOU WANT, by doing what you thought might be right or better and ending up the sad way. There you can understand the subject more, on how everything works.

By reading this, I got the idea you might have gotten the ad for an application that helps you copy another person's trading strategy. I would say don't, even did not get to try those when I start doing and understanding trading bitcoin everyone suggested is to read and learn.

Now I would say if you think that you can use it or it can help and try it because your action will let you identify if you can use this app or not. In the end, you can learn what you did wrong.

i used a crypto prediction app, but it was not accurate for our results. for me the best thing is to keep the analysis yourself manually and determine the price prediction based on the time period. so if you only use the application I don't think it can fulfill our desires to the fullest

I dont think using that app will worth it because, for me, every one of us can freely have a prediction in the market. Therefore, I must say, I will never trust that app, there's nothing we can do in trading is to have our own trading strategies and research before doing any action in trading.

The trading market isn't easy as you think, it required skills and strategies as well. If you don't have both, I will suggest not to enter trading if you are not prepared yet. Sorry but I never tried or didn't try that prediction app, I don't know what is the result but I don't want to have a loss in trading.

I must suggest, engage in the technical discussion in the forum is far better than buying someone else prediction.

Is there such?

Never tried to used any of them and it's like just reading others prediction but it's just written and included in that app. I don't rely on those predictions.

If you're into bitcoin, better get to see the threads in here and other specific sections where analysts posts their analysis with charts and basis.

No, im not considering on using up these trash or apps in the market but instead trading manually applying all the possible things neither in technical or fundamental on the current time.

but since you do ask out for those apps then you can choose up, but remember that dont heavily rely on these things towards your investment decisions.

https://play.google.com/store/apps/details?id=com.coinsforecast.cryptocoinsforecast&hl=en_US&gl=US
https://play.google.com/store/apps/details?id=com.studiothirtyone.cryptoforecast&hl=en&gl=US

^ Is app what you mean?
https://play.google.com/store/apps/details?id=net.vedy.coin&hl=en&gl=US.
Nah, I will not use that tool. It is useless because that uses an algorithm based on the previous price graph. You did not know how accurate their prediction to the real one. Nevertheless, just study how to know technical analysis or even fundamental analysis which is your prediction probably will become accurate. That is just a prediction tool nothing else matters.

How many of you use "Crypto Prediction Applications" for trading?

You see, for the past few days I've being trying out some of "crypto prediction apps" but I haven't been lucky. It would be enlightening to know the percentage of other traders who use prediction apps.

And if you do, could you please tell me which prediction apps are best in the market?
Thanks.

Viketo Sumi (Armani123)