It is very possible. A lot of good cryptocurrency speculators are good at it because they have come to master it and be good in it. But they can give exact theory or price, instead they will be closer to it.
If you are asking if one can take a course on it and have it as a certificate, then I can say it's somewhat not necessary. Nobody cares about the certificate you have in it but how true you are to your speculation.
Topic: Can one have any expertise in Speculating? - page 7. (Read 1603 times)
IMO, a speculator sometimes speculates based on what they think. it's all not only from the news they read but also matches the logic that occurs from the achievement of previous prices. because of this, many people are speculating by comparing existing charts. even if they don't have a strong foundation, one can speculate based on their thoughts.
Well, could be. If they could actually determine how the speculator did his speculating, it is quite possible. But in the end, it would actually be quite difficult since a bit of speculation comes from the thinking process of the person himself. I'd rather let myself study from what I think should be studied instead tbh.
Some brief thoughts on this subject:
I noticed that speculators often do a lot of speculating. With that said, is it possible to focus on speculating only, reading nothing else but all the speculating topics and then somehow becoming better at speculating than others?
You need to take a lot of time to learn like that, but usually people who do speculation from their experience as a trader, if there is speculation but he is not an active trader they are people who only make FUD, you can try it but I guess that won't benefit you I noticed that speculators often do a lot of speculating. With that said, is it possible to focus on speculating only, reading nothing else but all the speculating topics and then somehow becoming better at speculating than others?
is it possible to focus on speculating only, reading nothing else but all the speculating topics and then somehow becoming better at speculating than others?
no, i don't think you can gain any actual "expertise" by only reading all speculations. not to mention that you would be wasting your time since more than half (if not 90%) of the bitcoin price related speculation you see on the internet is pure nonsense written by newbies who either have no idea how the bitcoin market works or they have some agenda behind what they publish like wanting to fill their shorts or spreading FUD in general!
in my opinion the only way to gain any real experience when it comes to speculation is if you start analyzing the market yourself. and only spend a little time reading what other people say.
Some brief thoughts on this subject:
I noticed that speculators often do a lot of speculating. With that said, is it possible to focus on speculating only, reading nothing else but all the speculating topics and then somehow becoming better at speculating than others?
There are some good speculators and feeling pro speculators, you can learn from them but don’t depend on that. Good speculation always come with a good reason and analysis, for me its a must to know on how to speculate and read charts, because by that strategy you can know when you will buy or when you will cut your losses. Keep on learning, and in the future you will have the best skills to help you earn profit. I noticed that speculators often do a lot of speculating. With that said, is it possible to focus on speculating only, reading nothing else but all the speculating topics and then somehow becoming better at speculating than others?
Speculating with little to no interest in everything that makes up the underlying thing you're speculating in sounds like a recipe for a bit of a balls up eventually. I'd rather build a deep seated and widespread basis to speculate from.
Very much this. You'd be vastly better off devoting your time to learning and mastering your own psychology. That counts for far more than most of the empty guff that happens here.
in my observation, natural born speculators have an intuitive sense about market psychology and sentiment. they are generally contrarians---they must be, since the crowd is usually wrong. i definitely improved as a trader when i learned to play against my own fearful/greedy tendencies, and against the prevailing market sentiment. (ie "buy when there is blood in the streets)
Very much this. You'd be vastly better off devoting your time to learning and mastering your own psychology. That counts for far more than most of the empty guff that happens here.
The biggest number of speculators are here https://bitcointalksearch.org/topic/wall-observer-btcusd-bitcoin-price-movement-tracking-discussion-178336
We can become expert defending on our skills and and the effort we put in crypto.
This market is volatile and very unpredictable but its not impossible to make right judgment as long as you accept that you are really into crypto no matter how big the challenges are.
You will make mistake, learn from it, just always learn and before you know it, you have already improve being a good speculator.
We can become expert defending on our skills and and the effort we put in crypto.
This market is volatile and very unpredictable but its not impossible to make right judgment as long as you accept that you are really into crypto no matter how big the challenges are.
You will make mistake, learn from it, just always learn and before you know it, you have already improve being a good speculator.
Some brief thoughts on this subject:
I noticed that speculators often do a lot of speculating. With that said, is it possible to focus on speculating only, reading nothing else but all the speculating topics and then somehow becoming better at speculating than others?
Theres no such thing about expertise yet everyone can speculate on their own.The difference here is basing if said speculations is backed by something like technicals&fundamentals compared to I noticed that speculators often do a lot of speculating. With that said, is it possible to focus on speculating only, reading nothing else but all the speculating topics and then somehow becoming better at speculating than others?
speculations that are purely based on intuition or instinct.
As a reader/investor/trader you would see these speculations either realistic or unrealistic one basing on your experience throughout the market.
With that said, is it possible to focus on speculating only, reading nothing else but all the speculating topics and then somehow becoming better at speculating than others?
Do you mean speculating bitcoin prices in the future without the involvement of technical analysis? If that's the case it will be purely based on "instinct".
Well, they can do what they want. No matter how realistic or unrealistic those things that will come up as a product on their mind, still, it's up for the people if they will buy those speculations or predictions made by them.
About becoming better to others by using only "instincts" as a reference, well if they were able to hit some of their speculations, that's it. It doesn't mean they are far better from those who made good analyzations. If relying on their own instincts yielding them good results as they progress, then it's fine to depend on those on their future strategy.
I noticed that speculators often do a lot of speculating.
That's why they called "speculators".
Some brief thoughts on this subject:
I noticed that speculators often do a lot of speculating. With that said, is it possible to focus on speculating only, reading nothing else but all the speculating topics and then somehow becoming better at speculating than others?
I noticed that speculators often do a lot of speculating. With that said, is it possible to focus on speculating only, reading nothing else but all the speculating topics and then somehow becoming better at speculating than others?
in my observation, natural born speculators have an intuitive sense about market psychology and sentiment. they are generally contrarians---they must be, since the crowd is usually wrong. i definitely improved as a trader when i learned to play against my own fearful/greedy tendencies, and against the prevailing market sentiment. (ie "buy when there is blood in the streets)
in that sense, you could certainly use other peoples' speculations to your advantage, by observing sentiment and playing the contrarian when bullish/bearish sentiment becomes extreme.
Some brief thoughts on this subject:
I noticed that speculators often do a lot of speculating. With that said, is it possible to focus on speculating only, reading nothing else but all the speculating topics and then somehow becoming better at speculating than others?
I noticed that speculators often do a lot of speculating. With that said, is it possible to focus on speculating only, reading nothing else but all the speculating topics and then somehow becoming better at speculating than others?
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