Summary:

• I Know First updated the cryptocurrency package which covers 106 cryptocurrencies.
• The updated package has an overall average return of 12.15% in the 7-day horizon from February 24^th to March 3^rd, 2022 where LUNA/USD is the best pick with a return of 51.45%.
• I Know First continues to perfect the AI algorithm and provides Cryptocurrency services to both institutional and private customers.

The algorithm of I Know First tracks and provides forecasting for a broad range of cryptocurrencies to help our clients construct an effective portfolio based on their preferences and investment periods from 3-day to 1-year horizons. We have updated the cryptocurrency forecast package which covers now 106 cryptocurrencies.

The Cryptocurrency Package is one of I Know First’s quantitative investment solutions. The cryptocurrency forecast is determined by screening the database daily using the advanced algorithm.

New Cryptocurrencies Forecast Performance

Package Name: major cryptocurrencies
Recommended Positions: Long
Forecast Length: 7 Days (2/24/22 – 3/3/22)
I Know First Average: 12.15%

In this 7 Days forecast for the Major Cryptocurrencies Package, there were many high-performing trades and the algorithm correctly predicted 10 out of 10 trades. LUNA/USD was our the best pick with a return of 51.45%. Further notable returns came from BTC/EUR and BTC/USD at 14.62% and 13.7%, respectively. The package had an overall average return of 12.15%.

Cryptocurrency Forecast Performance Before Updating

Package Name: bitcoin
Forecast Length: 1 Year (1/13/21 – 1/13/22)
I Know First Average: 216.45%

How to interpret these diagrams:

Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.

In the figure above we can see an example of how I Know First predicted cryptocurrencies before updating for the one-year period from 13^th January 2021 to 13^th January 2022. The algorithm correctly predicted 6 out of 8 stock prices in this forecast for the Bitcoin Package. The top-performing prediction from this package was BNB/USD with a return of 1150.44%. The other notable return came from ADA/USD with a return of 329.66%. The package had an overall average return of 216.45% during the period.

The Structure of the Updated Package

I Know First currently generates daily predictions for over 10,500 investments, 89% of the MSCI All Country World Index, and is continuing to expand its coverage. Over the past year following requests from our clients I Know First has expanded its coverage of cryptocurrencies. As a result, the full list of the different cryptocurrencies that I Know First provides coverage for as part of its daily market forecast: