You can only predict during market open hours. Some assets, suchas crypto currencies, will trade 24/7 but other assets trading hours depend on the venues where they are listed/traded.
You can predict on each asset every day and we would encourage you to do so. When predicting bitcoin you are predicting the price of Bitcoin at 6 pm (London, UK Time) the following day. For Gold and NASDAQ, you are predicting for 6 pm in 1 weeks time. You don't need to predict every day but we'd love it if you would 🤩 Predicting regularly is a good way for you to earn lots of lovely Wisdom Points and allows our inhouse AI to build a much better profile of you as a predictor over time. There is also a minimum amount of predictions required each quarter to qualify for the WP exchange, this will vary from month to month dependant on a number of active participants and other factors. Also, if you would like access to our 0% fee investment model we do ask that you make a minimum amount of predictions - currently 1 per week but we reserve the right to change this at a future date.
Predictions currently close at 6 pm each day - London, UK time. You can predict at any time in the 24 hours preceding that, once for each available asset class.
Staking uses a percentage of your crowd points to indicate your confidence when you are predicting on each asset. This helps our inhouse AI (ROSE) to make judgements on each individuals prediction based on their past performance and act accordingly. Staking also represents your contribution to the WPs Pynk Pool and will be distributed amongst other Pynksters who predicted that day on each asset.
Because Crowd Points (CPs) are earned in various ways. Hard-working Pynksters can earn large amounts of Crowd Points (CPs) by referring friends, completing social tasks etc and may, therefore, have considerably more to stake. This is one of the reasons we reset CPs at the end of each month, to give everyone a fair chance each period.
Predicting is easy. Simply go to the web or desktop app and enter one guess per 24 hour period on each of our assets. If you're a novice to predictions, you will find plenty of videos of technical analysis on the web or you could just try using your gut to start and, as you get more confident, you may well find your predictions get better over time.
A forecast is an additional question or topic we might ask you to comment or predict on that allows us to gather and build data on various topical subjects or upcoming events. A good example of this is when we asked our Crowd to predict the outcome of the 2020 US election candidates.
Forecasting, as with predicting, is not intended to be a statement of fact, but an opinion regarding where the price of an asset is heading.