Few days ago I shared in the previous post that I was making a small bet on Cindicator's indicator about Stellar coin. It gave a 78% probability that XLM/BTC would trade above 0.000051 before February 20.
And it was wrong.
While the whole market is starting to recover, Bitcoin is taking the rising lead from the bad crash to $6000 to around $11000. This resulted in a drop of the majority of altcoins in term of BTC value, including XLM.
Bad thing is, obviously, I 'lose money' because it doesn't play out as planned. But it's OK as I'm more than well-prepared for this to happen and this is just a little fun experiment for me. I felt worse in losing 24 points in the application as I took part in the XLM prediction as well.
As you can see, I made a 74% prediction in that question as well. Couldn't put all the blame on the indicator nonetheless right?
The good thing is I get to know more about Stellar by acquiring them. And I'm not going to sell just because it doesn't meet the initial target, all I have to do is just converting this investment from short-term to medium-term. If I had to be more optimistic, this represents a longer opportunity to buy in with a lower price using Bitcoin.
Will I still believe in Cindicator?
Of course, it's not like they have failed me 10 times in a row. In fact, they never guaranteed a 100% accuracy, nothing did.
