Post
Topic
Board Trading Discussion
Re: How many of you use "Crypto Prediction Applications" for trading?
by
Lakai01
on 02/02/2021, 16:36:57 UTC
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).