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Topic: Is trading just educated guessing? - page 24. (Read 22912 times)

newbie
Activity: 56
Merit: 0
October 21, 2017, 02:40:33 AM
Trading can be view as educated guessing especially when you trade just with one particular asset(this sort of as Bitcoin). You solely rely on the estimation of how the currency is gonna evolve. That is why if you truly want to trade, you need to diversify. If you want to consider trading seriously, you need to start off buying and selling on more belongings. Almost everything is just about calculating on probability.
full member
Activity: 223
Merit: 250
October 20, 2017, 10:49:29 AM
There is no way to predict wich coin will be pumped, from some analyses may tell you a readjust may happen but no one can say when it will happen and if will happen. Someties its pure guessing or lucky, the thing is you should buy and hold, if the coin is good sooner or later it will moove.
You never know what is going to happen in the future no matter how much expert you are in reading charts. Trading is no doubt very much profitable thing but you need to very much well-educated in order to do well. Trading is far more than just an educated guessing. Educated guessing is just one important element which traders needs to have for becoming an expert.

In my opinion, an expert of the cryptocurrency market is the trader can knows the mentality of other traders. This trader can makes others panic, happy or fear ... anytime, then, it will take advantage its experience to makes profits from this field.
hero member
Activity: 1680
Merit: 655
October 20, 2017, 10:27:27 AM
Can you really be sure you will profit unless you have insider info?
No. I do not really think so that trading was just an educated guessing because guessing is not that accurate to rely on. I think that trading is a strategic and more complex thing rather than just an educated guess. You do not really need to be an educated individual in trading because as long as you know how to interpret and observe the price flow, it will be assured that you can have a good trading partnership which is beneficial on your part.
Insider Info is something of an advantage but not that much, it does not necessary give you the upper edge. It only gives you the chance to buy it at the best lowest price or sell at the best highest price. But everything will be obvious as it will reflect the charts from its price and its volumes, also it is not a one time thing it will be a ripple effect the inside info will be spread out to various people until it will reach you which means it is never too late to be part of the trade until it is over.
hero member
Activity: 1680
Merit: 655
October 20, 2017, 10:18:41 AM
Can you really be sure you will profit unless you have insider info?
No. I do not really think so that trading was just an educated guessing because guessing is not that accurate to rely on. I think that trading is a strategic and more complex thing rather than just an educated guess. You do not really need to be an educated individual in trading because as long as you know how to interpret and observe the price flow, it will be assured that you can have a good trading partnership which is beneficial on your part.
Insider Info is something of an advantage but not that much, it does not necessary give you the upper edge. It only gives you the chance to buy it at the best lowest price or sell at the best highest price. But everything will be obvious as it will reflect the charts from its price and its volumes, also it is not a one time thing it will be a ripple effect the inside info will be spread out to various people until it will reach you which means it is never too late to be part of the trade until it is over.
full member
Activity: 339
Merit: 120
October 20, 2017, 10:14:18 AM
Can you really be sure you will profit unless you have insider info?
No. I do not really think so that trading was just an educated guessing because guessing is not that accurate to rely on. I think that trading is a strategic and more complex thing rather than just an educated guess. You do not really need to be an educated individual in trading because as long as you know how to interpret and observe the price flow, it will be assured that you can have a good trading partnership which is beneficial on your part.
member
Activity: 88
Merit: 10
October 20, 2017, 09:39:54 AM
well said, usually anyone who complains that BTC's price is too high, does so because they've sold everything when it was low. There is only one way to profit in this industry and that is to be stable and go in one road (by one road I mean don't buy/sell). You simply have to commit that Bitcoin is indeed the future and that it will increase in the short and long term, so it doesn't make any sense to start with unless you'll hold on. What is happening most of the time is that people are investing more than they can afford. It's natural that they'll get panicked then because their holdings is a substantial amount of their overal health and if they lose that they'll be in "trouble". Just invest what you can afford to lose and you'll feel so much better about holding BTC, and won't even feel the need to sell anything.
sr. member
Activity: 805
Merit: 250
October 19, 2017, 11:46:46 PM
Not also educated guessing but trading make us always up to date about bitcoin and other cryptocurrency. Because when we knows some information that no one knows, we can buy more when the price still down/up and i think trading also a bit like gambling.
Detailed informations is very vital when you go into trading, this is could be your assets in order to become successful. Wild guess is also effective but not happens at all time because still we must have a close look-out the trend in every investment that you have. Trading is just like a learning process in which you'll struggled difficulties at first but in later part, you probably enjoyed it.
newbie
Activity: 46
Merit: 0
October 19, 2017, 11:29:17 PM
Not at all. If you want to be a good trader, you need to understand the flow of the prices and create of own line of prediction given the every minute change in value.
full member
Activity: 728
Merit: 106
October 19, 2017, 10:51:50 PM
Not also educated guessing but trading make us always up to date about bitcoin and other cryptocurrency. Because when we knows some information that no one knows, we can buy more when the price still down/up and i think trading also a bit like gambling.
legendary
Activity: 2044
Merit: 1115
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October 19, 2017, 10:28:53 PM
Can you really be sure you will profit unless you have insider info?

Certainty is not included in crypto vocabulary. Profit is not assured. Even those that are almost perfect in their charting also stumbles and suffer losses along the way. And just when we are about to go panic selling, the direction suddenly goes up. Insider info may be a great help if we want our target price to be a little more accurate. The problem is that it is hard to gain access to these.

Profit isn't assured in equity trading either, that's not just a crypto attribute. There is a technical aspect to professional trading, for sure, but most of the people trading crypto are not technical traders. They're just a group of unsophisticated investors who jumped on a bandwagon and got lucky. Bitcoin seems to be an obvious bubble to me, so I think it's only a matter of time before they get burned, and they'll be completely blindsided by it because they all believe they're trading geniuses right now.
newbie
Activity: 50
Merit: 0
October 19, 2017, 07:47:26 PM
No, I imagine that in the trade there was a revenue you require to check the info, and not depend on luck. Those who guess in trade can continue to be with out income as properly as in gambling.
sr. member
Activity: 700
Merit: 250
October 19, 2017, 12:15:23 AM
Yes you can be sure that you'll profit if you know how to read the charts of the coins you are trading. That's why it is necessary to learn and do research on trading and other topic that could help you in any way to be a successful trader. Those traders that earn much today didn't just wake up one day and succeed in trading, they also did their homework and learn about it for sure.
sr. member
Activity: 572
Merit: 250
October 18, 2017, 11:56:17 PM
Can you really be sure you will profit unless you have insider info?

If its guessing then you sure are lucky. Most of the investors in trading do research. Read about an altcoin and check on the trends, then you just have to use that info and analyze whether the coin go up or down. Sometimes it doesnt go your way, you'll just have to hold on to it if you believe it has a future
Trading is not a guessing at all and those who treat trading like a guess game are most of the time in loss. You need to work really hard in order to be successful in trading. Those who read about the details of trading, all best exchanges and coins are not fool or fond of wasting their time. You really are bound to work hard for making decent money with trading different coins.
newbie
Activity: 39
Merit: 0
October 18, 2017, 11:44:55 PM
Trading is speculation, so you are not wrong. Men and women income without having insider information, but they are quite disciplined and know when to lower losses. Most traders will not know when to run, specifically when losing, they get emotional and get stuck in undesirable trades. Insider details will help however, you cannot go mistaken with it.
sr. member
Activity: 560
Merit: 286
October 17, 2017, 02:28:17 AM
There is no way to predict wich coin will be pumped, from some analyses may tell you a readjust may happen but no one can say when it will happen and if will happen. Someties its pure guessing or lucky, the thing is you should buy and hold, if the coin is good sooner or later it will moove.
You never know what is going to happen in the future no matter how much expert you are in reading charts. Trading is no doubt very much profitable thing but you need to very much well-educated in order to do well. Trading is far more than just an educated guessing. Educated guessing is just one important element which traders needs to have for becoming an expert.

hero member
Activity: 1680
Merit: 655
October 16, 2017, 11:18:33 AM
Trade does not just rely on conjecture. Because if you are smart, you not only rely on guesswork, but you will also examine and analyze what price or movement of certain coins. Because to avoid losses we must be absolutely sure to make decisions. That way we will be less threatened to lose and gain profit.
It is way different than guessing. I mean your buying and selling decisions are basically based on forecasting which is totally different from guessing as in forecasting you are analyzing technical tools which will increase your chances of having a successful trade. Guessing on the other hand has no basis but for your own thoughts and experience which is more likely to fail compared to forecasting.
full member
Activity: 378
Merit: 103
October 16, 2017, 11:02:34 AM
Trade does not just rely on conjecture. Because if you are smart, you not only rely on guesswork, but you will also examine and analyze what price or movement of certain coins. Because to avoid losses we must be absolutely sure to make decisions. That way we will be less threatened to lose and gain profit.
newbie
Activity: 39
Merit: 0
October 16, 2017, 10:04:35 AM
Investing relying on the peoples information and not depending on a insider's informations .If you know how to have a investigation and you know a likely of a coin you will be a lot more educates but not in guessing in limited you have those proofs in your mind to be a lot more very clear to you what is your investments and why you purchased it.
full member
Activity: 381
Merit: 101
October 15, 2017, 08:57:02 AM
Trading is just that, educated guessing. Everyone thinks they have the best technical indicator set-up or the best bot, etc but in the end it's just people guessing their best.
sr. member
Activity: 360
Merit: 250
October 15, 2017, 08:03:26 AM
Trading is not only guessing, it is not depending only with luck, like gambling for example. It need some knowledge and studying of the coins to trade, the market and so on. Sometimes you can even make confident decisions and generate good profit.
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