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

[sujonali1819]

No I did not use any crypto prediction app ever. That's  really trust worthy to use? Or it’s also act like telegram pump dump group? That first buy and send signal/prediction to public so that they can make some sure profit from that? 

[1714239254]

1714239254

[Text]

Me too, I have not been able to use crypto prediction applications and I also do not see myself using that even in the future.  I do not trust that because we know that market movements are very unpredictable.  You will learn nothing if you rely on such things.  It is better to study the strategies often used by traders just like how to look at data and records.  Although technical analysis professionals are also mistaken, how can these unknown applications.

[kolbalish]

I don't think anyone uses it. And even if someone uses it, they are living in a fool's paradise because trading is not a matter of prediction. Trading is a dynamic subject that constantly changes its position on the needs of the market. What is the use of crypto prediction applications where the market is volatile? I don't understand. Crypto trading or: Even in normal life, in the case of trading, each person runs their business in different ways, and from there comes success or failure.

[fahmimajannat]

They ar just useless I think. Their predictions are just baseless. If their any prediction hits it is just a coincidence  i think.
Some people really depend on these application instead of doing their own research. Which make them face losses.
So its better to do research on your own and take a decision depending on your own knowledge. Atleast you don’t have to regret.

[XZERO1]

Why do you think these apps can predict what happens to the market?

99% of the time when some app or signal group claim that they know what happens in next week/day/minute in the market they're just lying and it's not true.

Have you ever asked yourself if they're so good at predicting what happens to the market, why they need to create an app/signal group to make money, why they just don't make money using that data?, like shorting with leverage when they know bitcoin or some altcoin is going down, or longing with leverage when they know it's going up? wouldn't that make more sense if you're so confident about the prediction data you're providing?

My suggestion is to just learn some basic TA and start using some decent indicators such as RSI to get better entry and exit prices for your trades/investments, it's not 100% or even 80% accurate but it helps and it's certainly better than some random app telling you when to buy or sell while they have nothing to lose and you're the one that will be losing money if they get it wrong.

[AicecreaME]

I don't really suggest relying on such app if there is one because for sure that should be not accurate compare if you're the one who is going to predict the price after you chart your coin's data. I only use tradingview app or you could use browser to access that and it will gives you very easy access to all coins, when I say coins, I mean fiat and cryptocurrency.

As a trader, I always predict the next move in the chart of the coin I'm trading because it's better to lose or win your funds that way rather than losing because you trusted a certain app for price prediction.

[jaberwock]

Why do you think these apps can predict what happens to the market?

99% of the time when some app or signal group claim that they know what happens in next week/day/minute in the market they're just lying and it's not true.

Have you ever asked yourself if they're so good at predicting what happens to the market, why they need to create an app/signal group to make money, why they just don't make money using that data?, like shorting with leverage when they know bitcoin or some altcoin is going down, or longing with leverage when they know it's going up? wouldn't that make more sense if you're so confident about the prediction data you're providing?

Nobody should really think they could predict the market, there is nothing that could predict the market, but that is the selling point of all scam artists. At the end of the day if you are going to end up with almost nothing at all, it means that it is a scam, even if the seller actually believes that they could make a profit from this, and fail to make it, that is still involuntary scam.

You sell something that suppose to make people a profit, and you use it yourself, and you make profit, and you let others use it, and they fail and not make any profit, that means it is still a loss and a scam. So, all these prediction applications are scams because technically speaking nothing can predict the future, there is nothing like that. So this means there are scammers out there and there are people who think this would work and get scammed from it as well.

[wxa7115]

Using crypto prediction app is the same as entrusting all your financial decision to some stranger over the internet.
If you have no problem with doing that then that's okay but you should consider making some analyzation to create prediction by yourselves. These kind of app don't exist just to provide some free information to people without a cost.

They could be taking advantage of the information they share to you like buying the coin first before sharing the information so they could reap the profit.

But, the app really could predict the future though, or more like creating the future by pursuing people to buy certain coin or making pump and dump signal.

This is exactly what I have been thinking for a very long time, using any kind of application, software or signal group is the same as if I went to the street and I began to ask random people what do they think I should do when it came to my financial decisions, I think any reasonable person will understand that such a thing is completely crazy and if that I happen to find success with such strategy it will be pure luck and it will not be a sign that I should keep doing this.

And while people can very easily understand that the above example is completely wrong, for some reason they think that asking people for advise on the Internet is somehow different when it isn't.

[chaser15]

The market can't be predicted accurately or even close to one.

These crypto prediction applications are only for educational purposes. Their prediction is based on the current market behavior and product of chart reading but the success rate for it to happen doesn't have any assurance.

You can refer to their pointers as your factors on your next move if you think their prediction is a healthy one, detailed and good analysis.

[redsun114]

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?

Crypto predictions applications? Are there anything as such that will be giving you accurate predictions and where are you downloading such applications from, the Appstore? Because what I know is telegram groups that will be giving you notifications on trades to make and all of them I have seen so far are not worth it because they don’t give accurate predictions unless the VIP ones which I don’t know about.

There are some that claims to offer VIP services and they claim the VIP services are always very accurate , I can’t tell you that for sure because I have not tried their services. But if the free ones can’t be at least 50% accurate, then what’s the need of going for a VIP services? Lol. It’s of no use, it’s better I just do what I am doing by myself.

[Issa56]

Is there anything like cryptocurrency prediction application I don't think there is any application that can give you accurate prediction. Me personally I don't believe you need cryptocurrency prediction application because I believe it those not work, the prediction upload on application is been done by someone like you I believe since it is been done by human being it can never be accurate. The best thing you should always do is make research yourself about any coin you want to buy and if you think the coin is legit and that's the right time for you to buy it then you can buy it, or after checking for prediction on application you still have to do your own personal research before buy dont just buy the coin because you are asked to.

[darthflux]

I guess the market still depends on its investors, no one can predict the crypto market, but we can use some trading algorithms like Mudrex for us to have a better and good trading strategy. But still, we should do some research on the assets we are trading for since we can't blame anyone for our losses but ourselves.

[Yatsan]

I haven't even try using any ever since I have been into trading for I am doing my decisions based on what I see on the market trend and from the news I read regarding cryptocurrencies as well as thorough observation on what is the behavior of the coins I am currently trading with. I do not intend to use any crypto prediction applications for I am satisfied on how I can carry out my tradings successfully based on the skills I have that I improve base on the experiences I got and I guess no one can really perfectly predict crypto market for it is volatile and no one can exactly predict what can happen over time. It is just mere instinct and observation as well as thorough research I am doing on my trading.