Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Topic started by: target on January 29, 2025, 05:16:05 PM
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I'm just curious if you have joined those BTC price prediction contest and won some BTC?
I once won with my prediction but that was just once. After a few attempts of joining, I have not won again which I stopped joining because it does look like I'm not that good as I thought. If you have joined, how many times have you won?
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I'm just curious if you have joined those BTC price prediction contest and won some BTC?
I once won with my prediction but that was just once. After a few attempts of joining, I have not won again which I stopped joining because it does look like I'm not that good as I thought. If you have joined, how many times have you won?
I see price bitcoin predictions most times as luck because it's impossible predict the market. I have partake in some price predictions but I wasn't lucky enough to win any of them. It's same thing with gambling and you win by luck.
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I'm just curious if you have joined those BTC price prediction contest and won some BTC?
I once won with my prediction but that was just once. After a few attempts of joining, I have not won again which I stopped joining because it does look like I'm not that good as I thought. If you have joined, how many times have you won?
I have won once in an event on the AltcoinsTalks forum but couldn't continue winning even though I used the same market analysis approach. This is completely normal because the tools I use cannot accurately predict price fluctuations of a few hundred dollars. I think luck plays a big role in winning monthly BTC closing price prediction contests.
I am also satisfied with my luck. I continue to participate in prediction contests to give myself a chance, as well as to support the contest sponsor. Market prediction is also quite interesting and helps me relieve stress in life and in my investment journey.
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Jacksclub been doing this price prediction for months on bitcointalk and i have been casting my prediction there. i have not won yet. i leave the game to them since i have already forgotten my passwd in jacksclub because i couldn't win. but there are time that i'm almost.
if you keep winning i think jacksclub would now allow you to join anymore. i think you should also give chance to some of those who hasn't won yet.
if you are good at prediction, i think it would be easyfor you to make money in the market.
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Those competitions have little to do with actually being a tipster.
A guy who won that thing 3 times out of 10 might be worse in his predictions than a guy who never got a win but was always in the top 2-3 matches, plus beside luck, some will try to get a sweet spot where there is a gap so rather than choosing 50100 because 50050 and 50150 are taken they go for 54000 as the closest prediction are 52000 and 59000 for example.
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I'm just curious if you have joined those BTC price prediction contest and won some BTC?
I once won with my prediction but that was just once. After a few attempts of joining, I have not won again which I stopped joining because it does look like I'm not that good as I thought. If you have joined, how many times have you won?
I can't remember exactly if I won but have been joining at some point decided to stop because I know my prediction wouldn't go as a predicted though sometimes when it's posted I feels like to join and cast my predictions, but I won't after several attempts. But I don't think this should be a thing to bother you because usually there must be a winner in all predictions and contest.
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I'm just curious if you have joined those BTC price prediction contest and won some BTC?
I once won with my prediction but that was just once. After a few attempts of joining, I have not won again which I stopped joining because it does look like I'm not that good as I thought. If you have joined, how many times have you won?
I can't remember exactly if I won but have been joining at some point decided to stop because I know my prediction wouldn't go as a predicted though sometimes when it's posted I feels like to join and cast my predictions, but I won't after several attempts. But I don't think this should be a thing to bother you because usually there must be a winner in all predictions and contest.
One prediction contest I see will have 3 winners every week. 1st, 2nd and 3rd which if you couldn't win the first you still have 2 more chance. I wanted to show how I could be a good trader by showing my future clients how I win trades. I guess I can't show the thread to impress them.
Upon seeing back the thread, I couldn't help tracking all its thread and see who among those users at least won multiple times. Sure there are newbies better than the legendary users.
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I have won it couple times on bitcointalk.
...and I have interesting story to share on these contests. Years ago, I joined this prediction contest on Twitter, won $500 in it. Similar contest was held again, joined it again, and won again another $500 and I got message from guy holding this contest asking if I am a professional trader that I make so accurate predictions. I replied, no it was just sheer luck.
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I'm just curious if you have joined those BTC price prediction contest and won some BTC?
I once won with my prediction but that was just once. After a few attempts of joining, I have not won again which I stopped joining because it does look like I'm not that good as I thought. If you have joined, how many times have you won?
In fact, in my opinion, most of the members who win or participate in these contests are those who have general analysis skills, most of them know less about professional analysis skills such as technical analysis and fundamental analysis, and if luckily one of us does a prediction workout once or twice, then we win there and I think this is what happens most of the time.
And to be honest I haven't won yet any kind of this prediction contest and I think it is not possible to be a reputable tipster because of winning in a bitcoin prediction contest.
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Similar contest was held again, joined it again, and won again another $500 and I got message from guy holding this contest asking if I am a professional trader that I make so accurate predictions. I replied, no it was just sheer luck.
That's a surprise. So the guy still remembers you after months of no contact? I think winning 2 times is not enough to judge whether someone is a professional trader in a price prediction contest though, the sample size is too small. I guess he was just being nice.
Personally, even if I was confident with my prediction I wouldn't jump ship and try to be a tipster. The risk is just too great. One bad call and your reputation can be affected. Especially if you have a contract or a paid service. I'd rather earn small as long as it's consistent instead of risking my reputation.
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Similar contest was held again, joined it again, and won again another $500 and I got message from guy holding this contest asking if I am a professional trader that I make so accurate predictions. I replied, no it was just sheer luck.
That's a surprise. So the guy still remembers you after months of no contact? I think winning 2 times is not enough to judge whether someone is a professional trader in a price prediction contest though, the sample size is too small. I guess he was just being nice.
IIRC I received DM asking BTC address to receive winnings, now if you win two times, you would automatically remember he's same guy that won last time. There isn't much to it.
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I'm just curious if you have joined those BTC price prediction contest and won some BTC?
I once won with my prediction but that was just once. After a few attempts of joining, I have not won again which I stopped joining because it does look like I'm not that good as I thought. If you have joined, how many times have you won?
I always participate because it is a free contest and even if my prediction is incorrect, I have nothing to lose since the entry is free. I have not won any of the contests I have entered. However, when you look at those who have won, you will notice that it is not won by one person alone. Different people made predictions and won at different times.
This means that a person cannot claim to be a tipster simply because he was fortunate enough to predict and win. It is a combination of luck and analysis. People can only predict by analyzing specific factors, and accuracy depends on luck. Thus, winning a BTC contest does not guarantee you will become a reputable and successful tipster.
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I joined several times, and it never won... maybe about fifteen to twenty times I guessed the Bitcoin price on a contest on the Bitcointalk forum... it was never right... it seems I'm really bad at predicting prices... LOL
Minimal analysis and very uneducated are probably the main causes, I really want to win even just once,,, but even that never happened... from there, some of the guesses I wrote were only based on instinct, because I had given up on this guessing analysis... yeah maybe if one day I get the right prediction, it means it's just my luck... because a winrate below 8% is very bad.
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Minimal analysis and very uneducated are probably the main causes, I really want to win even just once,,, but even that never happened... from there, some of the guesses I wrote were only based on instinct, because I had given up on this guessing analysis... yeah maybe if one day I get the right prediction, it means it's just my luck... because a winrate below 8% is very bad.
I never do any analysis whatsoever in these prediction contests yet I have won a few times, so I don't think it's lack of analysis or uneducated guesses are the cause, it's complete luck.
I mean yeah, you don't make $8K as guess price after 30 days when current price is $100K, keep your guesses reasonable and luck should strike soon enough.
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IMO, it's similar to a raffle where you pick one lucky number; it's pretty sure mainly luck. Sure, you can extrapolate, try to find patterns, etc., but luck is the dominant factor when we talk about something that involves uncertainty, just as @libert19 mentioned.
Except if you won 7 out of 10 BTC prediction contests; then I'd say you are extraordinary and could make a career as a tipster.
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Because it's not a job, it's for fun and doesn't require a lot of effort from you. Your chance of winning varies depending on the number of participants. If the number is large, winning chance will decrease and vice versa. I haven't won a challenge here before, but I'm happy to participate.
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That's a surprise. So the guy still remembers you after months of no contact? I think winning 2 times is not enough to judge whether someone is a professional trader in a price prediction contest though, the sample size is too small. I guess he was just being nice.
Personally, even if I was confident with my prediction I wouldn't jump ship and try to be a tipster. The risk is just too great. One bad call and your reputation can be affected. Especially if you have a contract or a paid service. I'd rather earn small as long as it's consistent instead of risking my reputation.
Yeah, I think what makes a professional trader is not accurate predictions about the BTC price at the end of the month, but timely assessments of market trends, as well as effective risk management and psychology. A trader can be wrong 70% of the time but still make a profit from the 30% correct assessments if they manage their capital well.
The goal of these contests is to create excitement in the crypto market, not to identify professional traders. We can only determine which member was really lucky that month ^^
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It doesn't mean the person is an expert in prediction, he just got lucky even if the same person is managed to win the contest multiple times. And if someone is trying to convince others with those win as prediction guru then it's just another scheme to steal the money from the users and I bet no one will fall for that tricks especially from this forum.
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It doesn't mean the person is an expert in prediction, he just got lucky even if the same person is managed to win the contest multiple times. And if someone is trying to convince others with those win as prediction guru then it's just another scheme to steal the money from the users and I bet no one will fall for that tricks especially from this forum.
No matter how many wins you get from price prediction contest it, you can't say that you are expert. No one can predict the price of Bitcoin in a specific period of time. You can forecast the market and say that there is a chance the price will reach this area but you can't when it will be going to happen. I attempted forecasting the price but did not win; nonetheless, my prediction was correct but at the wrong moment.
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I'm just curious if you have joined those BTC price prediction contest and won some BTC?
I once won with my prediction but that was just once. After a few attempts of joining, I have not won again which I stopped joining because it does look like I'm not that good as I thought. If you have joined, how many times have you won?
For me, I have not won any, and that doesn't make me feel bad, most times it's an estimated guess that gives the winner. The market moves in different directions, even a very good analyst might not give the very accurate prediction. It's a game, I have not won any, but it's fun seeing people who just get to be on the list of winners.
IMO, it doesn't make you to be accurate in all prediction, most times luck is part o the game.
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Give up for bitcoin contest prediction, I have joined several time BTC prediction contest and never winning yet any contest due my prediction taking few days left only before contest deadline. I don't know how difficult for winning contest Btc prediction although my entry around two or three days left before contest ended but always my prediction wrong around few percent of current bitcoin price.
But looks interested for joing BTC contest prediction and its difficult if predicting when first time contest opening because have many days left duration before contest ended.
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Give up for bitcoin contest prediction, I have joined several time BTC prediction contest and never winning yet any contest due my prediction taking few days left only before contest deadline. I don't know how difficult for winning contest Btc prediction although my entry around two or three days left before contest ended but always my prediction wrong around few percent of current bitcoin price.
But looks interested for joing BTC contest prediction and its difficult if predicting when first time contest opening because have many days left duration before contest ended.
how do you analyze to predict the price by the time its close to the date where they suppose to announce winning entry?
i think looking at the 4 hr chart will be appropriate to predict the price. Its only a week of time to see where the price goes and its often the wrong prediction when you being a holder is hoping for bull run while in reality the price actually will plummet.
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Give up for bitcoin contest prediction, I have joined several time BTC prediction contest and never winning yet any contest due my prediction taking few days left only before contest deadline. I don't know how difficult for winning contest Btc prediction although my entry around two or three days left before contest ended but always my prediction wrong around few percent of current bitcoin price.
But looks interested for joing BTC contest prediction and its difficult if predicting when first time contest opening because have many days left duration before contest ended.
We all know that it is not easy to predict the price of bitcoin accurately, just think of it as a game. because I also have difficulty predicting the price of bitcoin accurately. Maybe those who have a lot of experience can predict prices that are close to accurate.
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Give up for bitcoin contest prediction, I have joined several time BTC prediction contest and never winning yet any contest due my prediction taking few days left only before contest deadline. I don't know how difficult for winning contest Btc prediction although my entry around two or three days left before contest ended but always my prediction wrong around few percent of current bitcoin price.
But looks interested for joing BTC contest prediction and its difficult if predicting when first time contest opening because have many days left duration before contest ended.
We all know that it is not easy to predict the price of bitcoin accurately, just think of it as a game. because I also have difficulty predicting the price of bitcoin accurately. Maybe those who have a lot of experience can predict prices that are close to accurate.
Yes, It is very hard to identify the direction where the bitcoin price can trend since a change can happen any time. As it has been seen above, different techniques of analysis has been made to produce the forecasts but that does not mean that the prediction will always be accurate. It is unquestionable that inside or experience give an added ability to understand markets but we are always faced with remnants that are hard to regulate. Hence, there is a need to strike a balance between the plan and ability to deal with all options that are likely to emerge through the process that has to be followed. The continuing to learn and observe the current market can help us to make better decision making in the future.
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I'm just curious if you have joined those BTC price prediction contest and won some BTC?
I once won with my prediction but that was just once. After a few attempts of joining, I have not won again which I stopped joining because it does look like I'm not that good as I thought. If you have joined, how many times have you won?
Mate Bitcoin prediction is just luck, there are no better ways to emphasize Bitcoin predictions than a personal forecast base on uncertainty, it is a mathematical probability because it required only one outcome at a particular time, precisely within 24hours.
Analysis on market price predictions or forecast are based on certain intervals not less than 24 hours, it is normal a weeks or months.
Anybody can display a price based on what he/she thinks may happen on the market, and the outcome must be at a fixed time.
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Mate Bitcoin prediction is just luck, there are no better ways to emphasize Bitcoin predictions than a personal forecast base on uncertainty, it is a mathematical probability because it required only one outcome at a particular time, precisely within 24hours.
Analysis on market price predictions or forecast are based on certain intervals not less than 24 hours, it is normal a weeks or months.
Anybody can display a price based on what he/she thinks may happen on the market, and the outcome must be at a fixed time.
Agree with you, any one check current market right now how significant dump? I don't think how hard get analyze when predicting about bitcoin price if not luck your prediction out far away. Learning from bitcoin price today after having bad news make difficult get correct predicting although have you read more chart and make research firstly.
Bitcoin price unpredictable due how bad news coming and we can't predict it before with bitcoin way will going up or down, make prediction for bitcoin contest depend on luck or not and looking for current situation will have good news or bad news for few days later or not?
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I have won price prediction contests several times, I think I was rather close once and I think I was super close to prediction price on a specific date, but not hour. I think that just shows that I am lucky, but still not good at predicting, as sometimes my predictions are usage of current price +$500. Nevertheless, I would never wish to be considered as reputable tipster and people trust in my predictions. Not ready for such kind of responsibility.
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never win for bitcoin prediction, sometimes I think how can they predict accurately even if fals it is only a few satoshi, what is on my mind is do they have a tool or calculation to give a value to btc today, tomorrow and the day after
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In the Jacksclub Bitcoin prediction contest, they allow contest joiners to post their prediction 3 days before the final date. I think anyone does have the opportunity to win if you wait for this last day window to post your Bitcoin price prediction.
I'm thinking of joining again and avoid posting my prediction the day where the thread is created. Its good to see what the majority is saying as to the direction of the market. The newbies joining sounds more knowledgeable in price forecast.
never win for bitcoin prediction, sometimes I think how can they predict accurately even if fals it is only a few satoshi, what is on my mind is do they have a tool or calculation to give a value to btc today, tomorrow and the day after
There are ton of tools in tradingview, you just have to use which one makes you think its working for you.
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I'm just curious if you have joined those BTC price prediction contest and won some BTC?
I once won with my prediction but that was just once. After a few attempts of joining, I have not won again which I stopped joining because it does look like I'm not that good as I thought. If you have joined, how many times have you won?
If it is a free pick and you pick the winner you make free money.
I picked 1 winner since 2012.
Does it mean you are good at it. No
Does it mean you are bad at it no.
It means you were lucky that's all
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I'm just curious if you have joined those BTC price prediction contest and won some BTC?
I once won with my prediction but that was just once. After a few attempts of joining, I have not won again which I stopped joining because it does look like I'm not that good as I thought. If you have joined, how many times have you won?
If it is a free pick and you pick the winner you make free money.
I picked 1 winner since 2012.
Does it mean you are good at it. No
Does it mean you are bad at it no.
It means you were lucky that's all
Probably so. It can be easy to predict where the market is going but to predict the number like the price of BTC at certain date is very difficult. Just recently I was trying to trade that BTC price will go down but I didn't expect it to dive around 92k.
Its still a guessing game and I'd still be lucky to get at least $15 for the consolation prize for predicting the 6th closest price prediction.
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I'm just curious if you have joined those BTC price prediction contest and won some BTC?
I once won with my prediction but that was just once. After a few attempts of joining, I have not won again which I stopped joining because it does look like I'm not that good as I thought. If you have joined, how many times have you won?
I did not win even one time, and it does not cost us to join them if you are talking about mixero price prediction contest or maybe some other, as they are free and we can participate easily too I think I participated just two times and did not won as I was not even close to the results.
Well, I am not hopeless because it is just a try and we can win and lose too but we should not be discouraged that we are not good because we can be good at trading but we can't be 100% accurate with our predictions like we can make %30 profit but can't make %100 profit all time same like we can'e be perfect with each prediction we make in any contest.
Nobody can be perfect, keep trying and maybe you will get something again.
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Probably so. It can be easy to predict where the market is going but to predict the number like the price of BTC at certain date is very difficult. Just recently I was trying to trade that BTC price will go down but I didn't expect it to dive around 92k.
Its still a guessing game and I'd still be lucky to get at least $15 for the consolation prize for predicting the 6th closest price prediction.
Predicting the price of bitcoin accurately, frankly, is very difficult. I have tried it several times but it is not right. That's why I choose to be a holder, because I learn from the habits of bitcoin in every 4-year cycle. For trading, I do learn to predict the price of altcoins, but if I miss, I will hold it until the coin goes up again.
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Probably so. It can be easy to predict where the market is going but to predict the number like the price of BTC at certain date is very difficult. Just recently I was trying to trade that BTC price will go down but I didn't expect it to dive around 92k.
Its still a guessing game and I'd still be lucky to get at least $15 for the consolation prize for predicting the 6th closest price prediction.
Predicting the price of bitcoin accurately, frankly, is very difficult. I have tried it several times but it is not right. That's why I choose to be a holder, because I learn from the habits of bitcoin in every 4-year cycle. For trading, I do learn to predict the price of altcoins, but if I miss, I will hold it until the coin goes up again.
Yes, bitcoin prices are unpredictable as a result of the many factors that affect its price in the market including the demand for it, regulation as well as universal sentiment. This is why many people prefer to keep this asset for the long term, as his behaviour pattern that gradually builds up. Al all, trading altcoins is not easy but once it is well planned there are many ways to earn more from it, either from the high rising prices of the altcoins or waiting for the right time to make a move. The key factor here is to follow the plan strictly in order to make sure that the actions taken by management are appropriate with the targets set on the strategic level.
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I once won with my prediction but that was just once. After a few attempts of joining, I have not won again which I stopped joining because it does look like I'm not that good as I thought.
sorry to say mate but yeah you are not as good as you think winning once may just be luck and honestly if it is just on some bitcoin price predictions, i do not think winning multiple times will make someone credible to tip others because they might also just have gotten lucky or have copied other people's predictions
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I once won with my prediction but that was just once. After a few attempts of joining, I have not won again which I stopped joining because it does look like I'm not that good as I thought.
sorry to say mate but yeah you are not as good as you think winning once may just be luck and honestly if it is just on some bitcoin price predictions, i do not think winning multiple times will make someone credible to tip others because they might also just have gotten lucky or have copied other people's predictions
I could actually still come back and just post my prediction to see whether I win or not. Its easier to just predict when there is a particular trend on the market. But this time the market is just moving sideways which is harder to predict. If the market goes bear already i think it may also be easy to predict because we already know the price is going down, we only just need to identify which support and resistance line will prevent the market from falling for the mean time.
Yep I could have been just lucky also. First prize felt good actually.
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I think this is the result of fate so Bitcoin forecasts are often considered fate because it is impossible to predict for the future market. Last year I won one but another person won, but the first person who first presented the price was awarded. In that case I finally posted on bitcoin forecast for the last time. Since participation in all these campaign is absolutely free so anyone can give fate test.
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~snip~
If you have joined, how many times have you won?
This is the first time I joined this bitcoin prediction contest, before I thought the task was difficult but it turned out that this task was very easy. Just write the price of Bitcoin and attach our Bitcoin wallet :
I will give POA for the first time I follow this contest so that the OP can check it in detail:
1. Https://www.altcounstalks.com/index.php?topic=327852.msg1713482#msg1713482
2. Https://www.altcounstalks.com/index.php?topic=327852.msg1716379#msg1716379
If we don't win, it means we are unlucky and if we win then of course it is our luck.
Mixero Prediction This contest is the first task of the second prediction and prediction not to be missed or if we pass 1 then later it will be disqualified
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This is the first time I joined this bitcoin prediction contest, before I thought the task was difficult but it turned out that this task was very easy. Just write the price of Bitcoin and attach our Bitcoin wallet :
I think it's difficult if you want to analyze perfectly. In my experience I just wing it after looking at others' predictions. Unless the prize is so big that spending time to analyze is worth it. If I were one of the first participants I'd look up a graph and use Bollinger band to predict the price. But yeah, most of them come to our luck IMO, which is not a huge problem unless you want to make a living by becoming a tipster like OP mentioned above.
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Because it's not a job, it's for fun and doesn't require a lot of effort from you. Your chance of winning varies depending on the number of participants. If the number is large, winning chance will decrease and vice versa. I haven't won a challenge here before, but I'm happy to participate.
Like you said, it is just for fun, otherwise predictions of Bitcoin price on a particular price, at certain time frame looks very difficult however, I think that the predictions contest is just luck and it is not based on market analysis as many people feel. Predictions is completely a lucky outcomes from all contestants in my opinion.
I am still contesting and hoping that i will win, but i found it hard to figure out the timing, that is, the exact hours or a whole day counting of the contest final end.
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Like you said, it is just for fun, otherwise predictions of Bitcoin price on a particular price, at certain time frame looks very difficult however, I think that the predictions contest is just luck and it is not based on market analysis as many people feel. Predictions is completely a lucky outcomes from all contestants in my opinion.
I am still contesting and hoping that i will win, but i found it hard to figure out the timing, that is, the exact hours or a whole day counting of the contest final end.
I think that predictions in bitcoin are very volatile, because anything can happen, in the end a long-term prediction in btc is usually seen as a lottery, when one trades, yes, one makes predictions under a scheme of analysis and fundamental study if it is appropriate to do so, but I think that this type of analysis is only done for a defined period of time, but making a long-term prediction is difficult, especially now that there are so many fundamentals and events in the world that change everything from one moment to another.
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-snip-
I am still contesting and hoping that i will win, but i found it hard to figure out the timing, that is, the exact hours or a whole day counting of the contest final end.
It is very difficult that it is indeed a challenge for everyone about setting the price according to the right time according to the contest.
Not just technical analysis but a combination of fundamental analysis and some emerging NEWS and FUD will change the trend quickly and never even thought of.
Trying to participate in many contests to guess the price of Bitcoin on a certain date but it is always wrong and only a few digits apart, and of course will also be influenced by luck.
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I'm just curious if you have joined those BTC price prediction contest and won some BTC?
I once won with my prediction but that was just once. After a few attempts of joining, I have not won again which I stopped joining because it does look like I'm not that good as I thought. If you have joined, how many times have you won?
At first what I expected from this topic title differed from what you wrote in the body of the message, at first glance at the title of this thread I thought you were going to be talking about tip stars and reputations since you mentioned those words in the title of this thread but then I see you talking about contest-winning and what number of time one have been luck to win those bitcoin predictions contest.
To be sincere with you, I have not won any of them before, although I have taken part in multiple bitcoin price prediction contests, none that I am lucky to have won so I keep trying my luck.
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I'm just curious if you have joined those BTC price prediction contest and won some BTC?
I once won with my prediction but that was just once. After a few attempts of joining, I have not won again which I stopped joining because it does look like I'm not that good as I thought. If you have joined, how many times have you won?
At first what I expected from this topic title differed from what you wrote in the body of the message, at first glance at the title of this thread I thought you were going to be talking about tip stars and reputations since you mentioned those words in the title of this thread but then I see you talking about contest-winning and what number of time one have been luck to win those bitcoin predictions contest.
To be sincere with you, I have not won any of them before, although I have taken part in multiple bitcoin price prediction contests, none that I am lucky to have won so I keep trying my luck.
I just joined the game days ago after a months. The last time I tried was June 2024 lol I was just thinking I could take a shot this time and see whether I've learned sadly not as I predicted the price to bounce 88k lol
Price is so hard to speculate, it move quickly sometimes and sometimes no movement. Even the old users are not anymore interested in price prediction contest but newbies are the ones winning all the time.
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I once won with my prediction but that was just once. After a few attempts of joining, I have not won again which I stopped joining because it does look like I'm not that good as I thought. If you have joined, how many times have you won?
Twice.
1 when icopress organized a Bitcoin prediction contest in memory of light_warrior on the other forum. It was somewhat memorable for me because it's my first time to join a Bitcoin prediction contest and out of nowhere, he sent me a PM just to join in that contest. I wonder if he didn't send me a PM that time.
The other one was I think back in 2024 in Mixero Bitcoin prediction contest that has been launched here by Royse. Like the first one, this one is also memorable for me because my prediction price and the final price is very close. I just missed by around a dollar in my prediction and it could've been the exact same price (disregarding the cents of course :D). I mean it's hard to predict the price movement of Bitcoin in the future. Let alone being that close.
Monthly, I just join and join and join. After all, it's free. :)
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I'm just curious if you have joined those BTC price prediction contest and won some BTC?
I once won with my prediction but that was just once. After a few attempts of joining, I have not won again which I stopped joining because it does look like I'm not that good as I thought. If you have joined, how many times have you won?
I have never won the prediction contest of Bitcoin, as I find it nearly impossible to time the market so correctly. So, in my opinion, if you won the contest, it may have been your good luck. Other than that, I am also not used to joining the price prediction contest, but I have tried my luck maybe two to three times and never guessed it correctly, and it was my part of luck that time haha.
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I have never won the prediction contest of Bitcoin, as I find it nearly impossible to time the market so correctly. So, in my opinion, if you won the contest, it may have been your good luck. Other than that, I am also not used to joining the price prediction contest, but I have tried my luck maybe two to three times and never guessed it correctly, and it was my part of luck that time haha.
Each month, you have 2 opportunities to predict, I think that's enough to have fun on the AltcoinsTalks forum. Everything else will depend on your luck and the unpredictable volatility of the market ^^
Even the most famous traders don't dare to expect to predict the monthly closing price of BTC correctly, so winning these contests doesn't really mean much to traders' abilities. We can care about the rewards worth a few hundred $, while pro traders don't need that small amount of money, I think they can easily earn it from boring trading activities every day ^^
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I have never won the prediction contest of Bitcoin, as I find it nearly impossible to time the market so correctly. So, in my opinion, if you won the contest, it may have been your good luck. Other than that, I am also not used to joining the price prediction contest, but I have tried my luck maybe two to three times and never guessed it correctly, and it was my part of luck that time haha.
Each month, you have 2 opportunities to predict, I think that's enough to have fun on the AltcoinsTalks forum. Everything else will depend on your luck and the unpredictable volatility of the market ^^
Even the most famous traders don't dare to expect to predict the monthly closing price of BTC correctly, so winning these contests doesn't really mean much to traders' abilities. We can care about the rewards worth a few hundred $, while pro traders don't need that small amount of money, I think they can easily earn it from boring trading activities every day ^^
by the sound of it even when you win a prediction thread you don't have the right to brag about it after all price prediction is just you being lucky ;D
i wonder though if a person can do it like every week he win this first prize, i think i would already believe this person really knows how to read the chart and knows the market so well. that he can make a living out of it if he can do it on futures market.
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Each month, you have 2 opportunities to predict, I think that's enough to have fun on the AltcoinsTalks forum. Everything else will depend on your luck and the unpredictable volatility of the market ^^
I heard this a few days ago from a famous influencer on YouTube, and he was also saying the same thing as you, like we have two opportunities in the month to predict any opportunity, and obviously you are right; it is nearly impossible to time the market so correctly; in case someone guesses it correctly, it may be his/her luck.
Even the most famous traders don't dare to expect to predict the monthly closing price of BTC correctly, so winning these contests doesn't really mean much to traders' abilities. We can care about the rewards worth a few hundred $, while pro traders don't need that small amount of money, I think they can easily earn it from boring trading activities every day ^^
Indeed, they have big capital, so they don't care about these small amounts; this amount is just like a dust amount for them haha. Those who care are small traders and always are looking for the trading signals to make small profits. I have literally seen people's wallets while trading with millions. So, obviously, they will not even look at these small amount rewards.
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I have never won the prediction contest of Bitcoin, as I find it nearly impossible to time the market so correctly. So, in my opinion, if you won the contest, it may have been your good luck. Other than that, I am also not used to joining the price prediction contest, but I have tried my luck maybe two to three times and never guessed it correctly, and it was my part of luck that time haha.
Each month, you have 2 opportunities to predict, I think that's enough to have fun on the AltcoinsTalks forum. Everything else will depend on your luck and the unpredictable volatility of the market ^^
Even the most famous traders don't dare to expect to predict the monthly closing price of BTC correctly, so winning these contests doesn't really mean much to traders' abilities. We can care about the rewards worth a few hundred $, while pro traders don't need that small amount of money, I think they can easily earn it from boring trading activities every day ^^
by the sound of it even when you win a prediction thread you don't have the right to brag about it after all price prediction is just you being lucky ;D
i wonder though if a person can do it like every week he win this first prize, i think i would already believe this person really knows how to read the chart and knows the market so well. that he can make a living out of it if he can do it on futures market.
can accurately predict the price, I think it's just luck because his predictions won't always be right and he won't be able to win every time. Maybe only win once.
I never joined that contest because I'm not someone who can predict the price accurately, I'm still learning in making analysis and not relying on luck in predicting something
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can accurately predict the price, I think it's just luck because his predictions won't always be right and he won't be able to win every time. Maybe only win once.
I never joined that contest because I'm not someone who can predict the price accurately, I'm still learning in making analysis and not relying on luck in predicting something
It is impossible to count on luck and try to guess it because many factors affect changes in prices in the market and they cannot be predicted. If someone gains sometime, it does not at all imply that the method will be effective again and again. Intuition in trading without a basis of a better understanding of price patterns is even more dangerous than formulating a more concrete understanding of prices and their movements. Those of us who wish to maintain the improvement of such strategies would certainly avail ourselves of certain specific benefits over lucky ones. Thus, decisions made in conditions with a stronger basis will certainly allow for greater confidence in dealing with various market situations.
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I never joined that contest because I'm not someone who can predict the price accurately, I'm still learning in making analysis and not relying on luck in predicting something
I am like that too, it is really difficult to predict a short-term price, especially now that many things are happening in the world, so in view of this we can say that the price of BTC will be a little unstable , I am not sure that it can go down any further this month, but it is a fact that after a fundamental like Trump's this time it did go down , but we Wait to see how things go, it may be that investors have panicked, but the BTC market is something else.