I dont see anything wrong with speculation. I really like to speculate about coins or cryptocurrencies, if we dont speculate then most of us would not buy altcoins/bitcoins anymore, it is simple as that.
Most of us use to read the speculate forum section on this forum before buying any coin, and that is the same that i do everytime i invest in anything new.
maybe speculating too much could be risky, but i dont see any problem with it.
Topic: Is Speculating A Bad Thing? - page 2. (Read 1625 times)
Speculation will always be there when you are in decentralised market. Speculations can be negative or positive. It can't be called bad. So much is happening all around the world. A single news can bring a crash in the market as happened yesterday with China's ICO bans. Market is highly volatile and speculations are integral part of crypto market and somehow it is needed for driving price.
I wouldn't call it bad. A bubble also isn't "bad" it's just an economical phenomenon. It's like a business closing down. You can't say it's bad, because it's just an action. Maybe the owner has earned more than enough and is shutting down to travel the world?
Speculators are needed in a healthy economy, they are a bit like merchants, constantly looking for new opportunities to make money, but at the same time not producing anything themselves. One could say merchants are living off other people's work, but we all know it's not like that
Speculators are needed in a healthy economy, they are a bit like merchants, constantly looking for new opportunities to make money, but at the same time not producing anything themselves. One could say merchants are living off other people's work, but we all know it's not like that
Speculation is risky, sometimes foolish. It distorts the market and exacerbates bubble cycles. But... One of the bitcoin values is that your money is your business. We don't tell each other what to do with each others money.
Speculation is opinion of individual person and such can be taken how you think is good for you. If you think that this or that speculation can be good for your investment and buy/sell opportunity you will use it or you wont. This is how thing are working you will accept that or you wont accept it. This is mostly what you want to hear not what it will be.
speculation is everyone's choice. the result of speculation simply can not be determined. the results can be profitable or can also be detrimental. nothing can ensure the speculation runs smoothly. so if we want to speculate then we must dare to take any risks. the risk of speculation is enormous, so with it all decisions we make can determine our future.Speculation is not bad at all. Correct Speculation cannot just come with lot of knowledge or luck, it is rather a god gift ability to think of the future. I have a friend of mine whom i always ask where the bitcoin price will go from now on and every time he give me correct answers as he has so much good speculation skills.
Speculation is to make a big leap that results for ourselves, whether it's good or bad. Speculating allows us to get better value as the interests many parties in it. Yes, we all who are in the cryptoworld also speculators. For wanting to be something of value.
Speculator is the word for people cannot understand the type trading of them and they are gambling their money in crypto market. For me, I always spend my time for create some plans for trade a altcoin before I start buy/sell it. 
Speculation is to make a big leap that results for ourselves, whether it's good or bad. Speculating allows us to get better value as the interests many parties in it. Yes, we all who are in the cryptoworld also speculators. For wanting to be something of value.
Speculation is opinion of individual person and such can be taken how you think is good for you. If you think that this or that speculation can be good for your investment and buy/sell opportunity you will use it or you wont. This is how thing are working you will accept that or you wont accept it. This is mostly what you want to hear not what it will be.
speculation is everyone's choice. the result of speculation simply can not be determined. the results can be profitable or can also be detrimental. nothing can ensure the speculation runs smoothly. so if we want to speculate then we must dare to take any risks. the risk of speculation is enormous, so with it all decisions we make can determine our future. But then again...am sure there are those who believe that speculating is a bad thing for Bitcoin...so give me your reasons why you think so...
I think of it as the opposite. As a matter of fact, I think bitcoin speculation is not that bad for bitcoin it is somewhat good for me because it boost's price and somewhat contributes to the buy and sell force that makes bitcoin price to pump and dump. I think bitcoin speculating is part of it's demand and without bitcoin speculators, There will be lesser people here in this forum and lesser people to spread word about bitcoin so it isnt a bad thing. No, speculation is actually a very good thing. It helps to determine the real open market value of something, so economy can work properly. If prices were dictated by some central organ, it would be planned economy like the one that was in Soviet Union - time has proven that it doesn't work, because without market signals it's impossible to allocate resources efficiently. Those who hate traders are usually just envious of them, because it looks like traders are just making easy money. But in reality it's a very hard job.
Agree with you, speculating is one of the driving force of economy, of the trading business in particular. Speculating is the basis on the decision-making of every trader. Will bitcoin price go up or go down? Will I sell now or hold for a longer time? Shall I trade to other coins or convert to cash? That's the questions of each and every bitcoiner, trader. And that what makes the market alive, because the combined efforts of each and every participant in the market or economy is what runs the trade.
No, speculation is actually a very good thing. It helps to determine the real open market value of something, so economy can work properly. If prices were dictated by some central organ, it would be planned economy like the one that was in Soviet Union - time has proven that it doesn't work, because without market signals it's impossible to allocate resources efficiently. Those who hate traders are usually just envious of them, because it looks like traders are just making easy money. But in reality it's a very hard job.
Agree with you, speculating is one of the driving force of economy, of the trading business in particular. Speculating is the basis on the decision-making of every trader. Will bitcoin price go up or go down? Will I sell now or hold for a longer time? Shall I trade to other coins or convert to cash? That's the questions of each and every bitcoiner, trader. And that what makes the market alive, because the combined efforts of each and every participant in the market or economy is what runs the trade.
i don't think that speculating is a bad thing because as far as i know, with speculating we can make decision for our own price and with some analysis, sometimes our order can be filled or we can make profit. i admitted that sometimes i am using speculation when i am uncertain to determine the price.
True. Every speculation is based on single user and what he think that is good for him or her.
Speculation is something that individual user see as his/hers opinion the subject in matter. Was this price speculation or something else.
Speculation will be good for him if he will guess it with its nearest price since if he expect huge on it and think that he will not sell his coin if the price didn't reach for that one Is the baddest decision he made. That's why we should guess more healthier so that we can sell whenever our expectation will not meet and yet we earn from little guessing.
Speculation is opinion of individual person and such can be taken how you think is good for you. If you think that this or that speculation can be good for your investment and buy/sell opportunity you will use it or you wont. This is how thing are working you will accept that or you wont accept it. This is mostly what you want to hear not what it will be.
Its not, Speculation is a logical thinking well it depends how do you speculate with analysis or not because all of us here are having our own speculations in bitcoins and many of us believed that it will go the the moon price in the future. Speculation is just a speculation and it has done a big part in positive outcome that contributes in bitcoins .
Bitcoin Speculators are those who plays important role of bringing changing information into the price value. I don't find anything bad in speculating, as bitcoin is volatile we all expect speculation if we are investing.
i not not everyone can speculate about the price of bitcoin in a right way. i think those people who have good experience in trading and investing bitcoin can speculate about the price of bitcoin in a good way, to me as i am still new in bitcoin therefore i do not think that my speculation about bitcoin will be too much worth. Speculators are required for every asset class. They are the people who provide liquidity to the markets. If everybody thinks it is going to go up by 3% every year and there are no speculators around, trading volumes will plummet.
Yes, if there is no speculation happening, the asset/coin will have no volume and eventually will die in an instant. Every fud and optimists are important to our system.
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Bitcoin Speculators are those who plays important role of bringing changing information into the price value. I don't find anything bad in speculating, as bitcoin is volatile we all expect speculation if we are investing.
Investing is done though through research, understanding the fundamental, economies of demand and supply etc and accordingly the investment is made projecting the future forecast. While speculation is juts simple buying due to expectation of something good will happen or if demand is rising just invest in it and sell at a high price. Money can be made in speculation as well but basic fundamentals are all different in Investing and Speculation.
It is a bad thing bitcoin is a unique coin many people believe on what others say on this forum this sometimes leads many new investors blindly following and imagining that the price will surely reach and they end up buying at higher price when it falls they sell their coins at a huge loss
i don't think that speculating is a bad thing because as far as i know, with speculating we can make decision for our own price and with some analysis, sometimes our order can be filled or we can make profit. i admitted that sometimes i am using speculation when i am uncertain to determine the price.
True. Every speculation is based on single user and what he think that is good for him or her.
Speculation is something that individual user see as his/hers opinion the subject in matter. Was this price speculation or something else.
Admit or not, we are all speculators here. And it is just a logical thing to do...why would you invest your money and time if you think that it would not grow or it would just remain the same? All of those people criticizing Bitcoin because of its speculative nature are people who are actually afraid to jump into the water and get wet.
We who are brave enough to jump and get wet in the process are the people who will get benefited when Bitcoin can soon land in the moon...it is just a matter of holding into it and never get tempted to cash-out.
Speculating is not at all a bad thing as to be honest this is one of the many factors why we have people getting into Bitcoin. Will this speculation lead to that dread bubble as shown by other historic bubble collapse in the past? Only time can tell but I do believe that Bitcoin is different...comparing it into tulips seems like a bad idea and doing injustice to Satoshi Nakamoto.
But then again...am sure there are those who believe that speculating is a bad thing for Bitcoin...so give me your reasons why you think so...
We who are brave enough to jump and get wet in the process are the people who will get benefited when Bitcoin can soon land in the moon...it is just a matter of holding into it and never get tempted to cash-out.
Speculating is not at all a bad thing as to be honest this is one of the many factors why we have people getting into Bitcoin. Will this speculation lead to that dread bubble as shown by other historic bubble collapse in the past? Only time can tell but I do believe that Bitcoin is different...comparing it into tulips seems like a bad idea and doing injustice to Satoshi Nakamoto.
But then again...am sure there are those who believe that speculating is a bad thing for Bitcoin...so give me your reasons why you think so...
There is nothing wrong in being a speculator from my own point of view because whether we like it or not we are all speculators as you have rightly pointed out but the difference is that some people are open about it, some others keep quiet about it but deep down within they share the same thought of those who bring it out in the open. But what will take it further is when we make effort to achieve the objective rather than expression of opinions that doesn't move things.
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