How to make a GOOD prediction?

[lovesybitz]

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.

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[lordquanta]

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(? )
- 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.

[OrangeII]

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.

[mothergodness]

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.

[ASHLIUSZ]

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(? )
- 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.

[sulendra12]

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.

[Betwrong]

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.

[28days_ever]

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.

[Gameroid]

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.

[icecube45]

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.

[Teraboy]

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 always try to keep your eyes on the latest update from the bitcoin news. I can say it will give you a clue about what will being the trend for the bitcoin market. I don't need forula or anything. But just try to learn more about where the trend will go.

[umbara ardian]

No one is good at predicting or guessing, what will happen to his fore. including me,
But before I predict anything it's good I do the analysis first, by reading the news online every day, which makes me always update the news, much better than we predict it ourselves, which will end with a mistake.

[makolz26]

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 always try to keep your eyes on the latest update from the bitcoin news. I can say it will give you a clue about what will being the trend for the bitcoin market. I don't need forula or anything. But just try to learn more about where the trend will go.

Reading news and keeping updated in online blogs, exchanges and watching the prediction of the experts is a big help for us to make a good prediction. Sometimes, it is really a matter of trust with our conviction but of course with the help of experts, I just trust them and rely on them 80%, and so far I don't feel any regrets as of today.

[grermezter]

To make a great prediction about bitcointalk.org, one must know the factors that can make the crypto currency go either up or down. When you know such things you can easily predict what's going to happen.

[LegendOF45]

We must be aware that there is not a thing that can guarantee to always profit, though we learn all the techniques, but I'm sure it will not guarantee a 100% always profit, the best way is to often monitors so that when get the profit.

[nellz]

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. And some luck too..

[iluvpie60]

Making a good prediction is not guessing at something, it is establishing all possibilities and assigning them a value based on data.

Example.

Starting a small business. Data exists that 80%+ of small businesses fail within the first year. A good prediction to make is that your business will fail within the first year, the super majority do so you should assume you will. Now that you know that, you can research why businesses fail so much and try to do better.

[Xester]

The best prediction is always not existing and not present. All prediction are just based on opinions and is far from the truth but since there are only two predictions just like there are two side of the coins yo just need to choose based on your belief. For the group who believe that bitcoin will have a meltdown they placed these facts:

1. Blocksize problem
2. Existence of ransomware
3. Hackers and scammer
4. Higher fees
5. Slow confirmation
6. Rapid volatility and bubble

But the group that predicts that bitcoin will soar up high and will be stronger than ever and has a skyrocket value has this views:

1. Increased number of users
2. Increased demand which turns to increased in value
3. Adoption of countries such as Japan and Australia
4. They love bitcoins.

[Qartersa]

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.

Good day!

Making a good prediction is tantamount to making a good inference out of something that has long been conceptualized through gathering of data whilst relating it to current events. As a matter of data analysis, you have to study on why there were sudden increase or decrease in value and relate it to the factors that cause such on Bitcoins. On the other hand, as a matter of dealing with the present times, you have to study on why Bitcoin's value spikes up or devalues further. In doing all these studies, you have to learn to plot any changes and as well as its corresponding dates. By then, you will have an accurate data to use to predict future success rates. Comparison and contrast is key.   

[talkbitcoin]

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.

there isn't really any formula or any easy way to say if (this + that) then (price rise) and if (these + those) then (price drop).
but there are many things to consider.

i like starting with some technical analysis, i am still learning it but it can tell you that it is helpful to know it than not know it.

then in this market usually we should follow the news. specially in altcoins. they only move with hype aka news about them. the news doesn't have to even be true. for example we saw recently that ethereum got pumped for another time with a fake news about etf!