Topic: A good observer makes a better speculator (Read 742 times)

A good observer I guess, knows what he is observing. Everyone could observe but not everyone could understand or simbly be organized observing. Perhaps on a experiment; you cannot observe every aspect, you need to focus onky on the things you needed to find explanation of.Being a good speculator on the other hand, speculates with basis and not by mere assumptions. So I guess a good observer could become a good speculator simply because if he knows what he is trying to observe, he can create an especulation which has a tendency to be close , if not exactly, to the assumptions. Unlike with people who just throws random speculations because that's his/her "feeling" of something. Speculation itself is subjective but if you want to atleast fill it with substance, then you better be objective on some aspects to make an educated guess.

Yeah I understand that mate because getting the right timing isn't that easy , but at least we knew that there will be chances to find good pattern and observation to have better understanding.

That is what we knew and understand that many does not , they are only looking for easy income that turns out being a loser in the future instead.

What makes a good observer, though? Anyone can be taught to read a chart. Anyone can be taught to read the news and make conclusions. Trading schools are a dime a dozen (and cost many dimes to learn) but why is it that even the best eventually fail in a bear market?

One might argue the best speculator doesn't allow to be made into an observer... Especially in an age where you are given the news you want to read.

I think proactive insight seeking is rare, and even that doesn't make you a good speculator.

But still, it will be difficult to predict where the bitcoin price will go. But by adding other information about the news that happened in a week, it can add to our analysis so that we can know more about where the price will go. But when they only choose to invest, they only need to buy when the price falls or it doesn't matter what the price is because they invest daily, weekly or monthly. We can only try to guess the price will move, but we don't know exactly where the price will be.

Therefore it is important to make an investment plan correctly, so that every time we take the opportunity to enter the market we can convert profits. Investors must have their own understanding to take part, but because the conditions were not good, they tried to hold off for a while in entering the market. Not only is it an option, but rather bitcoin is a very promising investment, that's why many people have started taking part in bitcoin, even though there are fluctuations in it that cannot be ignored.

You sound unbelievably amazing lmao!
When you know how to read the chart, which is not really a complicated case, there still no guarantee you can predict the price "exactly" the next day.
Even those who are considered as expert in predicting Bitcoin's price using several methods including the studying of charts, can't even predict what the specific price should Bitcoin sit at.

chart is not the only thing that will make you a good speculator instead it is your complete knowledge of the market, and this is really a big understanding that we must deal for us to gain more than losing.
that is a very stupid word to believe, because there is no such word as exactly in crypto speculation.



stop that exactly word because you are only making your post more stupid mate , just speculate but never assume the exact figure or value.

The only thing that will make you to become a good speculator in cryptocurrency is when you have known how to read the chart, because it's when you study chart very well that will make you to know exactly what price of cryptocurrency will result out tommorow, some people doesn't understand the price of Bitcoin sometimes but they will make analysis of what they don't exactly and when people follow the steps and they Falls for their investment

To be fair that is not as easy as it sounds to so many people, no idea why and how. It’s clear that we are talking about something that shouldn't be too difficult and yet it is for so many traders out there. It’s easy, if it is anything under 50% than you buy it. So to give an example on bitcoin, the peak was at 68k right? That means anything under 34k is not really a situation that you need to worry about, it’s definitely a good price point to buy.

Yes, I know if you bought at 32k that would be nearly another 50% down, that means you could buy again! Great job! You just now bought at 50% down twice in a row which means you could make so much more profit. Making x4 from here on out is child’s play if you could wait it out.

Investors who have already made a lot of profit through their investments will not feel panicked in conditions like now, because they can all save some of their assets so as not to lose more before trying to buy back at a very different price. Bitcoin is everyone's choice and has also become a very common choice for everyone when making investments, because investors who have more money obviously will never stay silent to continue investing in several different spaces under certain conditions.

Yes, it all depends on the desire of each person to do it, because buying to save without a profit target will be very different from buying or investing at a low price at this time. Someone who wants to buy anything at a low price is definitely because they want to set a profit target in the future. And I think it's a very natural thing too because you want to take advantage of a good opportunity to reap better results after a year or so.

Buy low sell high , that is what the market commonly says and advise everyone but the timing isn't that easy to take as we can buy when pumping or when before pump or we can sell in drowning or before drown.

but the interesting part is how long we can stand holding and how hard we can take the market situation.
because in that part we can prove how functional we are to be a crypto speculator or observer and of course profiting .

The way to invest definitely varies, depending on how ready people are to enter the market, while capital is the reason for using the investment made, when someone is unable to buy as much bitcoin as he wants, then the steps that must be taken are to buy gradually and be done consistently.

Technical matters that are not studied carefully can also make a person lose money in investing, such as mistakes in determining coins, the right time to enter the market or panic when the market is corrected. It's different when we choose bitcoin for investment, because bitcoin has gone through a long process and is getting stronger to invest, you don't even have to wait up to 30 years.

I would say finding that is more important than investment. If you have just one capital and nothing more, you have a bigger problem than what to invest on. You need to figure out a way to keep investing more and more. I think people will assume I am joking, but a guy who has 100k today, will not make as much profit as the guy who invest into bitcoin 50 bucks a month for the next 30 years.

The reason being, the guy with 100k could end up losing their money while investing, and make mistakes which could cause trouble and there is no recovery for them. Whereas the guy with 50 bucks a month on bitcoin alone and nothing else, no other coins, would make a big profit when you calculate the 30 years alone, plus all the increases that will happen.

Not all traders have spare money when they start entering the market, sometimes the capital they have will not be able to buy a certain amount of bitcoins, so I prefer to invest when the bitcoin price starts to fall, for some people who don't have a lot of capital, it is highly recommended to buy in conditions like today, in order to make a good investment conversion.

In contrast to investors who have enough capital to enter the market at any price, because they are financially strong, and it is true that this really depends on how we trust the market, but more precisely being able to reach the market at the right time.

There is no trigger for now bitcoin is moving on a greener upper line candlestick, Bitcoin candlestick analysis theory can predict a bullish or bearish reversal signal, but due to stronger triggering conditions towards a correction, so the chance to break out of the global downtrend will be much more difficult, the combined cycle of four-year achievements also still looks far away, if calculated after the achievement of the previous year's ATH. Gradual recovery will continue, but it is difficult to calculate the stable price range.

I remember your post related to cycles, today what you said we saw clearly, the events of the bitcoin journey in which direction the cycle will move, as well as the pictures you uploaded in the post will make it easier for us to understand the course of bitcoin. There is no need to worry too much though, as bitcoin will find a recovery cycle before hitting the next ATH.

Buy and Hold Bitcoin, because when the Cycle works perfectly, achieving ATH will give maximum results for anyone, for me there is no doubt to see any potential that is born in the market today, because the bitcoin Cycle has been running for almost two decades since at that time. The rollout has started, therefore we will prepare for the next ATH milestone by making purchases in stages.

Experience is what it means. Of course, spending a lot of time more than anyone is a big advantage and a bigger chance to project what will probably happen next. However, in a situation where price movement is unpredictable, all we have is just a sort of market speculation and mostly it ends wrong. Because no matter how long you have been observing the market, we can't still assume that we know already and we are right. Even experts fail to see what exactly will happen which means that it also happens to everyone.

actually this is depending on how we wanted to trust the market  because even if the price is high still we can buy and keep hold specially if we have funds reserve for investing in crypto.
but if you are longing to get high return then best to invest when the market is dumping like now,so better buy this time and wait for a year or so.

This category is what people often do, buy when the price is down and cheap, Although we can't make precise speculations about the journey of bitcoin, but people will prefer it over other coins, investors experience disappointment from the current market reaction, even many people make mistakes and sell some of the assets they have, panic will only lead us to ruin, stay calm until the market finds a gradual recovery, it is much better than doing something to the detriment of the investment we made.

Most people who buy anything or for example like to buy Bitcoin at a low price and sell it when they see there has been a 100% increase in price. It's still in a very reasonable category to do because they are basically looking for profit so selling because they already have a profit is not a mistake in my opinion

What you say is very true and very precise. Because there is also a limit to being patient and the limit for a person's patience is until they really see the advantages they have when they want to sell. And it's logical again that patience doesn't need to be preached to everyone because everyone has their own principles in being patient even though the goal is not much different, namely looking for profit after buying in the past.

Only losing will provide you by Holding a coin(specially shitcoin ) losing that amount of percentage . 90% of drop is almost a dead investment and I would rather sell when the drop goes to 50% and then wait or seek for other coins to invest with , though if we are talking about top 5 coins then indeed best to protect your coins by HODLING and never comes panicking because that will also leads you to more losses.
HODLING is something we must understand and that is to bring longer handling of the coin , no matter what will happen.