Use the Filter by Type option to see the different Market Cycles available on PlotX
After you have selected a cryptocurrency whose price you can predict, and the time frame of the market, click anywhere on the market row to go to the livepage of that prediction market.
The live page of any prediction market looks something like this:
In this page, there are a couple of elements that you should be aware of before proceeding with the guide:
This is the cryptocurrency whose price you are predicting in the market. In the screenshot above (& below), the Market Asset is $SOL.
You can go to a different cryptocurrency's prediction market by clicking on the Market Asset drop down menu and selecting a different Market Asset.
You can change the Market Cycle by clickin on the Market Cycle drop down menu.
This is the time (in your time zone) when the protocol notes down Market Asset's price from Binance and decides which prediction option won. The Market Cycle you select in step 2 decides the settlement time of the market.
In the screenshot above, you can see three Market Cycles along with the settlement times that are associated with them.
Step 3 - Choose a prediction option
Every PlotX market offers three prediction options:
Market Asset's price will be above a certain price at the settlement time
Market Asset's price will be below a certain price at the settlement time
Market Asset's price will be between the price mentioned in the Goind Down option and the Going Up option
In the market shown in the GIF above, you can choose the:
Going Up option if you think the price of $SOL will be above $73.48 at the settlement time
Going Down option if you think the price of $SOL will be below $66.48 at the settlement time
Staying Flat option if you think the price of $SOL will be between $66.48 and $73.48 at the settlement time
Step 4 - Make the prediction transaction
After choosing an option, the final step is to make the prediction transaction.