How to make a GOOD prediction?

[PremiumCodeX]

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.

[Fortify]

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.

A "good prediction" could be called "an educated guess". The only way to achieve this is by looking for patterns in related, future indications and historical data. For example, if you know that hedge funds are trying to get bitcoin traded like any other commodity, it means that it will have more mainstream exposure and may have a whole new audience that will push the price up.

[panju1]

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.

[Aikidoka]

I use my common sense to make a good prediction.

[cellard]

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 think about the fundamentals and the technicals and take a guess. I think that some coins will pump depending on the total supply, the current price and past performance, and the fundamentals and possible innovating selling points.

This is why coins like POSW (poswallet) are a great gamble to hold for a couple months, I think those are the type of  coins that can easily pump to $1+.

[Gheka]

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.

I think the first is that we need to monitor the market and read the news about coins we need to find out. I usually look for information from forums and sites about altcoin, then the twitter, twitter of the altcoin where there is quite a lot of information. Sometimes the market will have the pump, we can not rely too much on information, we need to follow the trend of the market. My success rate is not too high but just enough to make a profit, about 60-70% is predicted to be true.

[Idrisu]

In trading there is nothing like " Good prediction" because if you want to predict for and assets in my opinion it turned to gambling or religion. But we should not undermined the nature of trading forex and crypto currencies of risk and great both positive and negative rewards. What I do to analysis how a commodity, stock, currencies pairs and altcoins trading is focus on the news and events that move there price and used pin bar for entries and exists.

[Marma Kalari]

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.

How do you really do technical analysis just by looking at the price chart.Is there any place where i can learn those things,what i usually do is,i would keep in contact with a coins specific slack channel and look for their developments and once a positive news is heard i would purchase the coin and wait for the right time to book my profit.

[bouren]

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.

If you are diligent article reader, you can predict 30-40% accurately.
If you are stock investor along with above, you can predict 60-70% accurately.
If you love stats and charts and can make fruit out of it, you can predict 70-80% accurately.
For rest 20%, you need to have a time machine atleast to predict rightly because bitcoin prices have no formula but a speculation effect.

[Zicadis]

Could it BTC or any other crypto, how do you make a good prediction?

A good prediction is as a result of an informed decision, simple as that.

What information do you collect, from where and -if there is any- what scientifically proven formula do you use?

there are many credible news site this time around that you can rely on for some valuable market indicators which you could use and i wouldn't call it  scientifically proven

I also would be interested in your success rates. Success is, when your prediction comes true.

success rate, well i call it a 50-50 chance there is no guarantee it will come true

[PremiumCodeX]

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?

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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?

[ice18]

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...

[maku]

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.

[harizen]

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.

[DrGuns4Hands]

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.

[mundang]

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.

[CyberKuro]

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.

[flower1024]

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.

[Duzter]

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.

[xuan87]

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