70% say to ‘Buy’ Bitcoin, 13% say to ‘Sell,’ Generating a Bitcoin 2020 Price Prediction of $8,912.
Newly launched cryptocurrency app BuySellHODL has announced the launch of its unique crypto ratings and price prediction feature, with Bitcoin as the initial cryptocurrency ratings launch. The rating feature is currently free and the first of its kind in the crypto space. It gives users real-time crypto ratings and price predictions that are entirely community-driven and quantitative, creating an invaluable analysis tool for all crypto enthusiasts.
Bitcoin has earned a “Buy” rating with a 2020 price prediction of $8,912. The ratings distribution breaks down as follows: 70% Buy, 17% HODL, and 13% Sell. Users also prefer Bitcoin to altcoins, with an overwhelming 64% of users select Bitcoin as one of their top 3 coin picks.
The app regularly queries its users for their opinions on the overall state of the cryptocurrency market, Bitcoin, and the value associated with other top cryptocurrencies. This data is updated in real-time and accounted for as part of a proprietary formula that is then used to generate the ratings and price predictions.
Unique Aspects of the BuySellHODL Crypto Ratings:
- Real-Time Data – Price predictions and targets are updated in real-time.
- Quantitative Information – A proprietary formula that generates ratings and predictions.
- Sentiment Analysis – Easy to see Bitcoin trends and critical shifts in community opinion.
- Universal Access – Our crypto ratings, predictions, and crypto news can be viewed on the buysellhodlapp.com website and our and iPhone and Android Cryptocurrency App.
BuySellHODL (@BuySellHODLApp) Founder Clifford Lerner says, “There is a severe lack of compelling data and real-time analysis on cryptocurrencies. Our app addresses these shortcomings head-on, by providing the first of its kind cryptocurrency community-drive ratings and predictions content. By querying our community of users, we’re able to create fresh, real-time, and unbiased cryptocurrency ratings and price prediction data, while eliminating the inherent shortcomings and biases of qualitative ratings data that give little insights into the sentiment trends.”
How Do the Crypto Ratings and Price Predictions Work?
BuySellHODL app users are asked to create a “Crypto Bio,”, which includes several questions related to the overall cryptocurrency market and their price predictions for specific cryptocurrencies. This data is then used as part of a proprietary formula to generate the ratings and price predictions for each coin.
Specifically, the Bitcoin price prediction formula incorporates several factors including:
- The distribution of the Bitcoin Buy, Sell, and HODL ratings.
- The distribution of all cryptocurrency ratings.
- The bitcoin price prediction survey data.
Our price predictions are updated in real-time and available on the BuySellHODLapp.com website and our Android and iPhone apps, with weekly analysis posted to our Crypto News. In order to keep the data fresh, the formulas only incorporate recently updated data.
Robust Feature Roadmap
There are several exciting features in development to enhance our ratings and predictions feature including:
Additional Crypto Rating Launches: Over the upcoming weeks, BuySellHODL will launch additional ratings and price targets for the top cryptocurrencies by market cap including: Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH), Litecoin (LTC), EOS, Bitcoin Cash (BCH), Zcash (ZEC), TRON (TRX), Binance Coin (BNB), Stellar (XLM), and Ethereum Classic (ETC).
Expert Cryptocurrency Analysis: We will be launching an”‘Experts” section with ratings and price prediction data exclusively from crypto thought-leaders. Experts can request to be considered at: contact(at)buysellhodlapp.com.
Geographic Ratings Analysis: We will offer the ability to compare the ratings and price predictions for several of the top crypto locations including: USA, Japan, Brazil, United Kingdom, Switzerland, Australia, Canada, China, Argentina, Estonia, and Hong Kong, Taiwan, Singapore, South Korea, and Indonesia.
CONTACT: contact (at) BuySellHodlApp.com
About: BuySellHODL (@BuySellHODLapp) is the ultimate crypto app for beginners and crypto-enthusiasts, offering live crypto ratings, bitcoin price predictions, crypto news, and a fun live bitcoin game with real money prizes. BuySellHODL was founded by entrepreneur and crypto-enthusiast Clifford Lerner, author of the best selling business book, Explosive Growth – A Few Things I Learned While Growing To 100 Million Users. DISCLAIMER: BuySellHODL does not provide financial advice. Please read our full disclaimer on buysellhodlapp.com/disclaimer. ]