Topic: Is trading just educated guessing? - page 30. (Read 22892 times)
The price of cryptocurrency is very difficult to analyze. Those traders who say that make a successful deal thanks to his analytical mind lying. In the market of cryptocurrencies can be earned only through luck.
In trading, one needs to follow the news a lot and learn to analyze, rather than rely on someone's forecasts to constantly get a good profit. For this, it is necessary to study the specifics of such activities well.
Analysis is what you need to do in trading. It's not just an educated guess but there is analysis on it, news from the people who are in the pump and dump group are also helpful. But I guess there are traders who are just depending with their fortune and luck that are just guessing on what alt coin will be pumping and what are goes those are good for short term profit and also for long term holdings. 
At some position I was below the illusion that its only an educated guessing but now, I know better that outside of that educated guessing there is much more to it which is purchasing with the appropriate info. When 1 does is evaluation tracing historic data, or market place capitalization, volume and other tendencies that could signal an action to be taken but without having performing it intelligently in knowing that those analysis could be synthetic as a consequence of maniupuations then that is worse than gambling.
But I think that all is included in educated guessing i.e. sensible guessing. You just have to use your analytical abilities and prior experience of trading to make an educated guess for possible success. Traders analyze themselves and learn from their mistakes to make profits from trading and investments.
With no edge it is double edge sword. You will gonna to damage your self..
Trading in my opinion is double edged sword when you are involving expensive coins such as bitcoins. I never suggest trading with bitcoins. Trading is meant for altcoins; even if you go in loss with altcoins it is quite recoverable. But on the whole, we all know that trading is not for everyone and only few people are able to make profits in trading.
In trading, one needs to follow the news a lot and learn to analyze, rather than rely on someone's forecasts to constantly get a good profit. For this, it is necessary to study the specifics of such activities well.
At some position I was below the illusion that its only an educated guessing but now, I know better that outside of that educated guessing there is much more to it which is purchasing with the appropriate info. When 1 does is evaluation tracing historic data, or market place capitalization, volume and other tendencies that could signal an action to be taken but without having performing it intelligently in knowing that those analysis could be synthetic as a consequence of maniupuations then that is worse than gambling.
With no edge it is double edge sword. You will gonna to damage your self..
Trading in my opinion is double edged sword when you are involving expensive coins such as bitcoins. I never suggest trading with bitcoins. Trading is meant for altcoins; even if you go in loss with altcoins it is quite recoverable. But on the whole, we all know that trading is not for everyone and only few people are able to make profits in trading.
Educated guessing is different, studying the flow of money and also the flow of bitcoin is far more complex. Sometimes it also need a little amount of luck in order to win in tradings.
to start with insider info is illegal. You might profit but getting caught can get your in real trouble
That is for regulated markets, such as public companies who are "supervised" by authorities such as the SEC
Bitcoin is not regulated, it's decentralized, and is more prone to price "sabotaging"..
That is for regulated markets, such as public companies who are "supervised" by authorities such as the SEC
Bitcoin is not regulated, it's decentralized, and is more prone to price "sabotaging"..
Trading is more than educated guessing, there are too many factors involved with it. Speculating is the right word for it though, because you really have to know the news(real one), the events, and specially the thought in the minds of all traders. Right now, at this time that the market cap is high enough to be controlled only by rich guys. The minds of the crowd is really important. You don't really have to be so technical in it. Just go with the basic skill and experience to do it right.
It's not totally educated guessing, there is a correlation in the market studies and it's more of depending on it. We have an idea about the supply and demand, the promotion, marketing and other good and bad news about the alt coins that we are trading. And that's why it's not an educated guessing for me, this needs more of intelligence and we have basis about it.
Trading is more than educated guessing, there are too many factors involved with it. Speculating is the right word for it though, because you really have to know the news(real one), the events, and specially the thought in the minds of all traders. Right now, at this time that the market cap is high enough to be controlled only by rich guys. The minds of the crowd is really important. You don't really have to be so technical in it. Just go with the basic skill and experience to do it right.
Can you really be sure you will profit unless you have insider info?
a little bit of it i guess but there are a lot of factors to consider when it comes to trading, knowledge is included and you also need high technical skills in analyzing the market surrounding the bitcoin.
yes it is, somewhat you hypotesize the out come of the market value by reading the trend on the graphs and how current events takes place that may affect what you will going to trade. It is not like pro traders can see the future, it is all based on what they have learned and experience they have gathered to guess each possible outcomes.
experience and influence would matter the most every time we choose the trade we are looking for some news or projects that particularly bringssome hype with the current coins with experience we are looking and aiming for such value before we sell it out and before we buy it in.
yes it is, somewhat you hypotesize the out come of the market value by reading the trend on the graphs and how current events takes place that may affect what you will going to trade. It is not like pro traders can see the future, it is all based on what they have learned and experience they have gathered to guess each possible outcomes.
Can you really be sure you will profit unless you have insider info?
I think there are consistent patterns that might emerge to increase chances of turning a profit when looking at statistics like trading volume, buyer to seller ratios and other variables. Can you really be sure you will profit unless you have insider info?
a little bit of it i guess but there are a lot of factors to consider when it comes to trading, knowledge is included and you also need high technical skills in analyzing the market surrounding the bitcoin.
Can you really be sure you will profit unless you have insider info?
a little bit of it i guess but there are a lot of factors to consider when it comes to trading, knowledge is included and you also need high technical skills in analyzing the market surrounding the bitcoin.
I don't think either that it is just guessing. Even not educated guessing.
There are patterns to see and informations to evaluate. With some experience it is possible to predict the developenet of the charts within certain levels.
But of cours the predictions will never be accurate 100%. There are too many variables, too many possible events nobody is calculating with.
That is why diversifying is always good in my eyes.
There are patterns to see and informations to evaluate. With some experience it is possible to predict the developenet of the charts within certain levels.
But of cours the predictions will never be accurate 100%. There are too many variables, too many possible events nobody is calculating with.
That is why diversifying is always good in my eyes.
for me no. it isn't that easy to say that it is only educated guessing, or like pure luck if you win or lose doesn't matter. you should also be aware of the news and any updates regarding your trades or the ones you have invested though. i have even heard and seen plenty of long term traders who keeps track about what is current events and happenings about their investments, so therefore it is concluded that you need to to have more knowledge rather than relying on educated guessing or whatever is it.
yes, sometimes it is just educated guessing and beliefs, but that the risks are so high. so I have to analyze and follow a price movement.
Agree technical analysis is a great tool to manage the risks. You can trade by guessing but the risks will be higher Jump to: