Reddit user xk4rimx has revealed a Telegram-based bot that predicts the prices of cryptocurrencies.
Using bots in the cryptocurrency industry is not a new concept. Investing and trading in cryptocurrencies is attractive to many because of their potential high returns. Of course, capturing this potential becomes difficult especially in the current market conditions. Some traders also follow market movements with crypto bots.
Telegram Based Crypto Bot by Reddit User
The bot’s designer promises that his product can predict crypto prices. The bot can also be used to generate an estimate of how many Ethereum (ETH) coins a Bitcoin will be worth in the next month, week or day.
Hosted on a premium Heroku dyno and using the Firebase database, the bot is very easy to use and can detail all the instructions in Telegram chat.
For example, if you want to know the Bitcoin (BTC) price forecast; By typing “/pred btc d” you can get an instant response in the form of a 1-day price prediction chart for Bitcoin.
Predictions can be made using ticker symbols assigned for other crypto predictions. For weekly and monthly forecasts, it is necessary to change the letter “d” in the message to “w” for weekly forecast or “m” for monthly forecast.
The bot can also be used to generate an estimate of how many Ethereum (ETH) coins a Bitcoin will be worth in the next month, week or day.