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

[Armani123]

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)

[DoublerHunter]

^ 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.

[stomachgrowls]

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

[boyptc]

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.

[ReiMomo]

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.

[Jaycee99]

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.

[tranthidung]

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.

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)

[cryptoaddictchie]

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.

[crwth]

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?

[CryptopreneurBrainboss]

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

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.

[orions.belt19]

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.

[maydna]

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.

[Mpamaegbu]

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.

[Sterbens]

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.

[ice18]

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.     

[Lakai01]

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.

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).

Not tried yet any crypto prediction apps, Did you mean like Cindicator app?

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

[Armani123]

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)

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.

[enhu]

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.

[vintages]

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.

[Lakai01]

-snip-
This type of apps are been created merely for adsense earnings through ads, they barely serve it purpose.

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.


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