Topic: How to make a GOOD prediction? (Read 2534 times)
Thank you for your answers! I will review them and return to this question later. I realized I cannot keep tracks of so many input at the same time. I am developing a prediction market, that is why I asked. But firstly, I am occupied with the technical basics (layering, initializing developer team...etc).
make good prediction this need a lot of research and actual results of the market status and this will be the base of the prediction.
for me good prediction is like a lucky guess because we don't know if that prediction will show positive or negative result.
just like bitcoin I read some prediction of it in the past years and now it is positive the bitcoin is now global.
for me good prediction is like a lucky guess because we don't know if that prediction will show positive or negative result.
just like bitcoin I read some prediction of it in the past years and now it is positive the bitcoin is now global.
For you to have the nearly 100% prediction which is not far from reality, you should do more research and be always up to date with bitcoin currency market status. Searching at search engines could help you a lot to be informative and well equipped with the better predictions. Lack of exact informations could result to poor predictions and possibly only a speculations to come in a certain readers understanding. You might mislead someones idea on bitcoin and not giving him/her enough realization beyond digital currency world.
In case of bitcoin I often wait for a good news and the news especially from any official place So I invest my money in bitcoin to buy more and with that news the investors increase up and the price of it increase up more higher. For other coins I often look at the positive step from the developers as with their positive steps the coin will get the strength and the demand will increase and the price will increase.
If you're asking how to make a good prediction from a market point of view.
That involves market basics and the different methods people use to call tops/bottoms of trends, identify overvalued and undervalued assets, etc.
There are a lot of different techniques and methods people use. "Technical analysis".
That involves market basics and the different methods people use to call tops/bottoms of trends, identify overvalued and undervalued assets, etc.
There are a lot of different techniques and methods people use. "Technical analysis".
Could it BTC or any other crypto, how do you make a good prediction?
What information do you collect, from where and -if there is any- what scientifically proven formula do you use?
I also would be interested in your success rates. Success is, when your prediction comes true.
What information do you collect, from where and -if there is any- what scientifically proven formula do you use?
I also would be interested in your success rates. Success is, when your prediction comes true.
Educate yourself and do a lot research, that is where success lies. A great mentor once said, google everything. Learn how to read charts so you would know which coins would pump up this day and the like. Never stop learning if you want to be successful in trading.
Could it BTC or any other crypto, how do you make a good prediction?
What information do you collect, from where and -if there is any- what scientifically proven formula do you use?
I also would be interested in your success rates. Success is, when your prediction comes true.
To make good predictions you should monitor the markets and read the charts carefully, I also follow trading signals from experienced traders. I managed to make profit in several altcoins and missed out some opportunities. What information do you collect, from where and -if there is any- what scientifically proven formula do you use?
I also would be interested in your success rates. Success is, when your prediction comes true.
Could it BTC or any other crypto, how do you make a good prediction?
What information do you collect, from where and -if there is any- what scientifically proven formula do you use?
I also would be interested in your success rates. Success is, when your prediction comes true.
Prediction is always there because on the field of trading we do really make assumptions and speculations on where the price would go but these kind of prediction would give high probability if we do make use of some tools either Technical analysis or Fundamentals.This will surely effective to put it up on your predictions because we can able to draw or figure it out when we do apply it. What information do you collect, from where and -if there is any- what scientifically proven formula do you use?
I also would be interested in your success rates. Success is, when your prediction comes true.
Could it BTC or any other crypto, how do you make a good prediction?
What information do you collect, from where and -if there is any- what scientifically proven formula do you use?
I also would be interested in your success rates. Success is, when your prediction comes true.
For me I'm not using a formula to solve my prediction instead I learn, read and get more information on w hat happen in today's market. Actually I depend the bitcoin market in our investors, the pump and dump is based in investor if they buy or sell it. If I read and get fact about country who invest bitcoin I have a proven that our bitcoin is based on the investor.What information do you collect, from where and -if there is any- what scientifically proven formula do you use?
I also would be interested in your success rates. Success is, when your prediction comes true.
To make a strong information, being socialize and updated not only in our country but around the world will proved that our prediction will happen.
Could it BTC or any other crypto, how do you make a good prediction?
What information do you collect, from where and -if there is any- what scientifically proven formula do you use?
I also would be interested in your success rates. Success is, when your prediction comes true.
To make good predictions you should monitor the markets and read the charts carefully, I also follow trading signals from experienced traders. I managed to make profit in several altcoins and missed out some opportunities. What information do you collect, from where and -if there is any- what scientifically proven formula do you use?
I also would be interested in your success rates. Success is, when your prediction comes true.
Having a good source of knowledge about anything you go into specially when it involves money through it.You can make good predictions about any market or anything by having good knowledge source and a brokers info
There are only two things taken for granted in the live. Death and taxes.
In the bitcoin world only two things are certain. So you certainly can bet on those two things:
1. When bitcoin price rise too much, it must fall and vice versa, when bitcoin price fall too much it must bounce back. The matter of how to define "too much" is a matter of taste.
2. Most likely bitcoin will rise as its proven time and time again.
Other than that the RSI might help, fibonacci retracement and other analitical tools.
In the bitcoin world only two things are certain. So you certainly can bet on those two things:
1. When bitcoin price rise too much, it must fall and vice versa, when bitcoin price fall too much it must bounce back. The matter of how to define "too much" is a matter of taste.
2. Most likely bitcoin will rise as its proven time and time again.
Other than that the RSI might help, fibonacci retracement and other analitical tools.
Could it BTC or any other crypto, how do you make a good prediction?
What information do you collect, from where and -if there is any- what scientifically proven formula do you use?
I also would be interested in your success rates. Success is, when your prediction comes true.
What information do you collect, from where and -if there is any- what scientifically proven formula do you use?
I also would be interested in your success rates. Success is, when your prediction comes true.
As far as I know there is no scientifically proven formula to make predictions 100% true, but there are a lot of methods to increase the probability of the right prediction. But using those methods you should always remember that no way you are safe from failing with them.
No one can make accurate predictions, even if he has a lot of experience and a lot of experience, this is always a risk.
Yes, but still taking into account the critical factors we can make a more or less accurate prediction. For example, if government of a big country announces its recognition of certain cryptocurrencies we can expect that those cryptocurrencies will rise in value in the nearest future.
Announcements are completely different from prediction because predictions are completely based on the knowledge you have on the cryptos. Sometimes our predictions will go wrong because cryptos price raise are based on the developments made by the company and people who are actively supporting it.
If you are talking about cryptos with Marketcap under $2 million you are absolutely right because it is feasible for developers to pump such a coin. But but dealing with cryptos like Ripple and Ethereum it's almost absolutely impossible to manipulate them.
A person would probably need inside sources at banks, the SEC, bitcoin unlimited and governments around the world to make an informed prediction.
They would need to know weeks or months in advance that japan, russia and australia were planning to accept bitcoin/crypto as legitimate currency. They would need to know what bitcoin unlimited and the SEC have planned. As well as other inside info that hasn't come into play with bitcoin's price recently but may make a difference in the future.
There are big questions revolving around the united states being $20 trillion in debt and various "de-dollarization" plans to cope with the fallout of worse case scenarios relating to the us dollar functioning as the "reserve currency" of many nations, which must also be answered.
They would need to know weeks or months in advance that japan, russia and australia were planning to accept bitcoin/crypto as legitimate currency. They would need to know what bitcoin unlimited and the SEC have planned. As well as other inside info that hasn't come into play with bitcoin's price recently but may make a difference in the future.
There are big questions revolving around the united states being $20 trillion in debt and various "de-dollarization" plans to cope with the fallout of worse case scenarios relating to the us dollar functioning as the "reserve currency" of many nations, which must also be answered.
Its not possible to make an accurate prediction and anyone who does make a good prediction is just lucky and could never repeat that success. As they say even a broken watch is right twice a day.
Exactly, a prediction can never be actually 100% right because there is no way to know exactly all the factors that account for BTC's price change, you might know few things here and there and make your prediction based on that(mostly by being informed of the news) but that will not guarantee a correct prediction. 
Its not possible to make an accurate prediction and anyone who does make a good prediction is just lucky and could never repeat that success. As they say even a broken watch is right twice a day.
Exactly, a prediction can never be actually 100% right because there is no way to know exactly all the factors that account for BTC's price change, you might know few things here and there and make your prediction based on that(mostly by being informed of the news) but that will not guarantee a correct prediction.
Its not possible to make an accurate prediction and anyone who does make a good prediction is just lucky and could never repeat that success. As they say even a broken watch is right twice a day.
Usually in predicting a future value of a coins, what is available tool used is the Technical analysis. In technical analysis, you have to analyses the previous trades with its graphs because as they say "history repeats itself" meaning previous rally,pump etc means to be repeated. There is also the fundamental analysis as a tool. Both of this can be an aid to make prediction or assumption and can be use in making decisions.
Sometimes I don't trust even myself and make a random decision.
Usually I will read the news or find information about bitcoin before i make my own predictions.
This is one of the very basic and essential to understand first the product and its characteristics and then knowing which news is important and relevant which could drive the price of bitcoin up and down. There would be many news but not all are important in perspective where price of bitcoin could significantly move. Also global news and local news with good technical analysis of price charts will help you more to derive the price and its future value.
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