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Topic: How to make a GOOD prediction? - page 3. (Read 2534 times)

legendary
Activity: 1218
Merit: 1000
May 15, 2017, 08:36:07 AM
#30
Yeah right, success is when our predictions come true or at least our predictions are close to reality, it will make happy. But the fact that predictions are made do not always match the reality even different, let alone predict the bitcoin prices are very volatile and not enough to see the news. But maybe to be able to predict well we should see the market and news, it will help but not much because what I previously said bitcoin price is very volatile so difficult to predict. Moreover, predicting the long term, it is difficult to do in my opinion.
hero member
Activity: 798
Merit: 501
May 15, 2017, 08:16:41 AM
#29
Everyone has different ways of predicting, and of course I also have it. I can not explain in detail, because I am confused to explain it from where. But, in essence, you should only look at the price in the previous day or week and target that the price will rise or fall to your predictions.
although it is very difficult to predict about the price of bitcoin. but still if a person have good information about bitcoin and he is also studying continuously about bitcoin then you ca really predict about bitcoin and some time your prediction can be prove as correct. but for that you need to collect information about bitcoin from different sources and to study the market on regular bases. so that you can get updates about bitcoin from time to time.
full member
Activity: 364
Merit: 102
May 15, 2017, 08:10:21 AM
#28
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.

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.
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
May 15, 2017, 07:14:04 AM
#27
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.

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.
hero member
Activity: 2814
Merit: 526
Undeads.com - P2E Runner Game
May 15, 2017, 07:02:31 AM
#26
Your prediction not 100% correct (simple example is just look at tipster thread, not all of their pick are correct) as well with trading because peoples seems lovely to spread FUD to manipulate the market and make the price unnaturally dropped or pumped.
Check the Ann thread and see what's going on there is a way to see an updated news about this as well with some progress to make stable project.
hero member
Activity: 994
Merit: 502
May 15, 2017, 06:38:18 AM
#25
One approach:
- Keeping eye on market proceedings, new trends.
- Understand why price is hiking or plunging. Reading forum or cryptosites usually helps in understanding this.
- cryptoworld(btc) is very volalite and vulnerable to the FUD. Thus any news of any approval or rejection or acceptance affects bitcoin price to great extent.
- Monitoring bitcoin or crypto forums to check what is going on.

Above is technical approach or educated guess. There another approach (no joke or pun intended):
- Contact fortune-tellers and get there guidance(? Wink)
- Learn astrology, tarrot-card reading, etc etc and predict changes yourself.
- Look for signs from Universe

There are people who go by technical approach and other by emotional(faith) approach. Decide which suits better.
The two different ways of better prediction is quoted clearly. In reality the second way cannot be possible with every user, because only few believe on fortune tellers and astrology. Having a close observation over the entire cryptocurrency market and learning more about the things behind fall and rise is the better way to predict and get the best profit.
full member
Activity: 216
Merit: 100
May 15, 2017, 06:18:25 AM
#24
Everyone has different ways of predicting, and of course I also have it. I can not explain in detail, because I am confused to explain it from where. But, in essence, you should only look at the price in the previous day or week and target that the price will rise or fall to your predictions.

I trust intuition more, because I think it is impossible to constantly make unerring predictions based only on analysis.
hero member
Activity: 2170
Merit: 503
Reward: 10M Shen (Approx. 5000 BNB) Bounty
May 15, 2017, 01:51:05 AM
#23
Everyone has different ways of predicting, and of course I also have it. I can not explain in detail, because I am confused to explain it from where. But, in essence, you should only look at the price in the previous day or week and target that the price will rise or fall to your predictions.
sr. member
Activity: 770
Merit: 268
May 15, 2017, 01:44:38 AM
#22
One approach:
- Keeping eye on market proceedings, new trends.
- Understand why price is hiking or plunging. Reading forum or cryptosites usually helps in understanding this.
- cryptoworld(btc) is very volalite and vulnerable to the FUD. Thus any news of any approval or rejection or acceptance affects bitcoin price to great extent.
- Monitoring bitcoin or crypto forums to check what is going on.

Above is technical approach or educated guess. There another approach (no joke or pun intended):
- Contact fortune-tellers and get there guidance(? Wink)
- Learn astrology, tarrot-card reading, etc etc and predict changes yourself.
- Look for signs from Universe

There are people who go by technical approach and other by emotional(faith) approach. Decide which suits better.
sr. member
Activity: 868
Merit: 289
May 15, 2017, 01:15:09 AM
#21
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.

In implementing that kind of technical analysis, it is a combination of using our mind or common sense. This is just of my point of view, If you see that the volume market become at ease for a couple of weeks or month, that coins has a good future, and the always at ease too going up the value, and more investors coming unto it something like that.
legendary
Activity: 1666
Merit: 1001
May 14, 2017, 10:51:06 PM
#20
Crypto is a based on market demands, is to make a good prediction you need to follow the trend and see the updated news where the investor interested, so in order to make a good prediction you need to learn the chart and follow the trend when you want to buy see the exchange rate, if there are a lot of people buy then you can try to buy
sr. member
Activity: 1092
Merit: 256
Leading Crypto Sports Betting & Casino Platform
May 14, 2017, 10:47:54 PM
#19
Making a better prediction is simply not possible even when the price is experiencing a stabilized growth. Everything happens unexpected with the cryptocurrency network. Prediction will be effective on a continued study of price chart along with the reason behind the ups and downs in the chart.
legendary
Activity: 1428
Merit: 1000
May 14, 2017, 10:35:49 PM
#18
Im not good at predicting  or guessing on what will happened in a certain thing. I only read news online everyday to keep me updated ,much better than predicting in your own,it will sometimes end in a wrong way.

I'm also not so good in a prediction of any cryptocurrencies prices. But what I do is I will buy these cryptocurrencies in small quantities whenever I got some funds and waited for long to sell at higher prices. Until now most of the cryptocurrencies I purchased and hold gave me good profits, but for some coins, I waited for long to sell at a profit, but that is the only way we can make a profit from these cryptocurrencies. I don't know when and how these prices are going up and what triggers the demand for these cryptocurrencies yet.
hero member
Activity: 798
Merit: 506
May 14, 2017, 06:58:22 PM
#17
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.
The main concern is > no one can predict it precisely but maybe  80%-90% accurately​.
Usually, bitcoin and altcoins driven by speculation and good news about development which affected the price.
Read a lot of opinion from others in and out (side) of this forum that you need to gather all information regarding that thing and you can predict it at least 50-60%, but don't put all eggs in one basket. Working in a team is better than just yourself.
hero member
Activity: 1008
Merit: 500
May 14, 2017, 06:52:20 PM
#16
Im not good at predicting  or guessing on what will happened in a certain thing. I only read news online everyday to keep me updated ,much better than predicting in your own,it will sometimes end in a wrong way.
hero member
Activity: 910
Merit: 550
May 14, 2017, 06:44:00 PM
#15
To make a good prediction it based on many factors like current status, demands, and based on popularity. If experienced person can predict? Or predict more accurate then she/he have a good judgement or prediction about it. And as long as they have a wildproofsas backup of their claims.
legendary
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
May 14, 2017, 10:02:12 AM
#14
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.

Just by gathering all possible informations whether positive or negative based on technical analysis and have some fearless wild proofs as backup to their claims.

Not an assurance though that we will make a successful trade out of it but that is a good factor to considered in order to help us analyze the current price situation and for our future trading moves whether to buy or to sell. Overall, it's a matter of gambling with sense why we will gambled it. That is the risk here, we all don't know what will happen to a certain coin. For this, make sure our common sense will run on a road where lots of real basis are there rather than playing along with the troll speculations.
legendary
Activity: 1288
Merit: 1000
May 14, 2017, 09:40:36 AM
#13
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.

Unlike equities, there is no fundamental analysis that can be done in the crypto space.
The only thing you can do is technical analysis, looking for patterns in the price chart.
Technical analysis can be only viable in certain cases, mostly because technical indicators are too slow to evaluate rapidly changing crypto market - there is too much lag in price and volume.
RSI, MACD, OBV all lags. At the time RSI will generate good buy signal price might be pumped to the moon and back.

The purest signal is the PRICE. Other useful indicators are trend lines, candle and chart patterns and resistance zones. That is basically all you need.
hero member
Activity: 2492
Merit: 542
May 14, 2017, 09:31:53 AM
#12
Good predicrion maybe based on different factors that every coins current status, demands, supplies , popularity  etc.. it may also be based in an expert opinion.. if someone  have experience enough to predict then they can predict more accurate  than others...
hero member
Activity: 1204
Merit: 531
Metaverse 👾 Cyberweapons
May 14, 2017, 07:56:54 AM
#11
A "good prediction" could be called "an educated guess". The only way to achieve this is by looking for patterns in ...

That is my experience too. I know some patterns, which are usually true. I heard them from friends who have experience in the investment field. What is the best source to explore these patterns? Can you recommend any list or overview with all patterns?

-cut-
If you are stock investor along with above, you can predict 60-70% accurately.
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Thank you for the probability overview! What makes my prediction better if I am a stock investor? What do stock investors know what others not?
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