Crypto Contest Status Report XII
In this report I will look how my analysis did for the month of November. There were 30 contests in November. I have already paid out all of them. The analysis was correct 17 times. The analysis was wrong 3 times. The cryptocurrency was in a range 10 times.
The correct ones were the following:
In these contests the range option won:
In these contests the analysis was wrong:
How did the previous months' analysis go?
From April 1, 2017 to November 30, 2017, the analysis has been correct 84 times, wrong 28 times, and the cryptocurrency has been in a range 125 times.
Conclusion
Congratulations to the winners. I will be adding 50% of SBD from this post to the "Crypto Contest January 1: IOTA" contest prize pool.
Pretty impressive win percentage, Happy New Years!
Thank you Glenn.
It has been a great ride.
Happy New Years!
Maarnio - I love your analysis and have been following these contests since I discovered them last month. And you have been correct the majority of the time.
Question: Have you done any correlation to how correct your analysis was as compared to the entire crypto market as a whole?
For example, there seems to be a pattern - from
Nov 10 to 24 - the picks were all correct (breaking out) except for only 2 days.
Nov 2 thru 9 all of the cryptos stayed within range
The 3 cryptos with the wrong analysis were scattered - Nov 1, 26, 28
Thank you mgood.
In most part all the cryptos have been moving together as can be seen in the stats.
The best months have been April, May, and now again November. The entire crypto market performed very well on those months too. So I would say that just blindly buying any cryptos on those months would have been a profitable strategy. Elliott Waves are just a tool which you can use to try and map the most probable outcome.
Upvoted and resteemed
Interesting how the monthly comparison fits with the idea that Q1 and Q4 are the best for altcoins.
Thank you for resteeming.
Let's hope for the best for this Q1.
👍👍👍👍
Thank you beautypics.
Great work as usual! Keep it up :)
Thank you lakov.
Great dude
Keep up the the good work
By giving people money
Thank you very much
Thank you Crypto Boy.
You are welcome
If you have time read my blogs also
Suggests some tips on how to improve it
Done.
voted
Thank you for voting.
wow...... You have a such a big researching ability. And its an amazing post will help youngers like me on the crypto market.
Thank you Babin.