📌Forecasting Tips

Platform tips and tricks for Solexers

Have you noticed that the number of daily active forecasters has increased on Solex.ai and so has the competition? To increase your chances of earning awards for precision, identify opportunities unseen by others, be brave to predict price moves further out and make sure to submit your forecasts every day!

Keep your forecasts rolling in on Solex.ai, even on weekends and holidays! Our platform retroactively calculates weighted average closing asset prices, ensuring accurate scoring for days when markets are closed. Become the first to act ahead of competition!

Explore the Heatmap on the Forecasting Chart to identify areas with less competition. For instance, the $81-$85 range for mid-September oil prices has no submitted forecasts yet. Why not be the first to make your prediction?

Boost your award chances with Solex.ai forecasting tips:

1. Submit predictions every day.

2. Choose precise values for each date, not levels.

3. Tune in Forecasting workspace to the finest digit available.

Try forecasting on the updated Solex.ai chart! For your submitted predictions, a green dot means the value is above the current asset’s price, and a red dot means below.

You can always see the latest asset’s price and the number of remaining forecasts available for submission in the Forecasting Workspace.

During volatile markets, seize the opportunity! Predicting large price moves with calculated risks rapidly boosts the Score Multiplier, leading to larger rewards if your forecast proves right. Embrace the challenge with Solex.ai and amplify your achievements!

Check “My history -> All” on each chart to see your submitted forecasts. Then identify uncovered price levels to boost your precision in predicting the future assets’ prices!

Dare to forecast further ahead! Each step into the future boosts your score multiplier, amplifying the rewards for precision. Embrace the challenge of foresight and seize the opportunity to multiply your achievements. Aim high, forecast far!

Need detailed instructions about the forecasts submission on the Solex.ai Platform? Visit the ‘Tutorial’ section of our Help Center at docs.solex.ai to learn!

On a chart, a bullish forecast appears in green, a bearish one, in red, and if you expect the asset’s price not to change, you will see a combination of both. Is the market green or red today?

Both the date and the value of any forecast can be changed manually in the Forecasting Workspace - use it for maximum precision!

Keep in mind that the value of each forecasting cell might vary across different devices. However, worry not! You can always fine-tune the forecasts before submission in the Forecasting Workspace. Adjust and optimise your predictions to ensure accuracy and maximise your earning potential.

Stay ahead of the game with real-time asset price updates every 30 minutes, conveniently available in the Forecasting Workspace. Get all the info you need in one place, witness market dynamics, make accurate predictions and earn awards!

Curious about the Solex.ai asset forecast widget? Here’s how to read it: It displays the today’s asset value and forecasts for 1, 3 & 7 days ahead. Green arrow up = growing price, red arrow down = declining price. Percentage change reflects the difference to the current level. Stay informed, track trends, and make smarter market decisions!

Enable the display of your previously submitted forecasts using My history menu to keep track of the price levels already covered. Then, pick an empty cell and increase you chance of winning an award!

Don't let weekends and holidays stop you from submitting your forecasts! Solex.ai Platform calculates weighted average closing asset prices on a look-back basis to ensure accurate scoring of all submissions made for the days when the markets are closed. Keep those forecasts coming!

Find the sweet spot: use Forecasting Density to guide your predictions on Solex.ai! Stand out from the crowd and maximize your earnings by forecasting in an empty cell far from the community consensus.

The farther into the future you submit your forecast, the higher the score multiplier becomes. Undoubtedly, it is harder to get the correct prediction in that case, but if you are right, you are awarded big time!

Score multiplier is a risk-and-reward measure combining the bonuses for forecasting ahead of time and for disagreement with the community consensus. The multiplier’s value is assigned to every Solex.ai forecast at time of submission, and the higher it is, the larger the payout - but only if the forecast is correct!

While some community members try to pick an asset’s price level and span it across multiple dates, the tactic to increase the probability of winning an award is to submit a precise value for each cell within the forecasting daily allowance.

On Solex.ai Platform you can explore various forecasting strategies - predict levels or trends, three or thirty days ahead, in patterns or at random. Your only limit is the daily allowance of submissions!

Solex scoring tip: forecasts given 30 days ahead get the highest score all else being equal. This multiplier falls by 5% every day so forecasts given just 1 day ahead are worth about 5x less.

How to get better at Solex? Practice makes perfect!

1. Watch the news relevant to your #market and notice how the market reacts.

2. Be aware of the calendar and what major events are happening soon.

3. Appreciate the broader picture.