I suggest keeping this thread alive to WARN CONSUMERS!!!
Here's my answer:
There are tons of bots that aim to make all sorts of predictions on crypto currently available.
A lot of them are free, some are paid.
Some are heavily hyped, while most go virtually unnoticed.
But there's really one thing uniting all of them when it comes to the question of whether you should use them or not.
It all boils down to how they time their prediction because some prediction bots are flat-out scams.
Why?
They publish after the fact. THIS FACT MAKES THEM SCAMS!
It looks like they have an awesome track record of accuracy, but in reality, they're just basically backdating their predictions so it looks like they're almost 100% accurate.
The key to really figuring out if these prediction bots are worth anything is to check the timing of their prediction.
How far in advance are they making a prediction and what are their winning averages?
You have to understand that legit bots can and do screw up.
They can and do miss a prediction.
The question is, by how much?
If you come across something that is 100% right on the money every single time, you should be suspicious.
Maybe there's a little bit of backdating going on.
Or, maybe there are some other shenanigans taking place.
Focus on real-time accuracy.
If you see that a bot is more often than not correct, pay close attention to when it's making the predictions and how the prices actually pan out.
I'm not dismissing price prediction bots out of hand.
There are so many out there that I'm sure that at least a handful of them are legit.