Is trading just educated guessing? - page 41.

Darknight31

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Quote from: Hazir on February 24, 2017, 12:20:29 AM

Quote from: dannon on February 23, 2017, 07:12:58 PM

Can you really be sure you will profit unless you have insider info?

No, you don't necessarily need insider info to be a successful trader, but it helps, a lot. Wink

Trading is not about guessing, of course you can do that too, but don't forget that we have market indicators, news and expectations.
You said it - you need to be educated - and when you are educated enough you will have higher chance of making good trading decisions.

Yeah one can say that it is some kind of creative guessing but ofcourse to be able to trade one must have the ideas, have already studied it and has the knowledge about the processes involve in tradings. Everything in bitcoin is a process so we need to know that trading is not just about guessing it is more that what people must think of it. And to earn is to learn.

SHANTA

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I trusted that trading includes both fortunes and abilities. So it's no damage saying it an informed figure. Dealer unquestionably do advertise and budgetary investigation and research before, trading, in any case, they are speculating a future cost through examination

nowlscor18

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Quote from: dannon on February 23, 2017, 07:12:58 PM

Can you really be sure you will profit unless you have insider info?

For me its more like risking and believing.Insider info cannot guaranty thay you will succeed. But if you are willing to take the risk then there is nothing wrong with it. Everything in life is about risking its either you fail or succeed.

que91

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Quote from: dannon on February 23, 2017, 07:12:58 PM

Can you really be sure you will profit unless you have insider info?

Yes, it can true if you have infomation from whale, from big boy Grin

. Now, Crypto market very new and small than other market, it easy control by whale and rich people! I learn an experience from my brother, he is a "dolphin" in market, he say: "Follow the whale you never loss, if do the opposite, you will loss all!"

SingAlong

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Quote from: DoublerHunter on February 23, 2017, 10:47:26 PM

Nope. I don't think that trading is just educated guessing because if you are a true trader, you will not just guess what will be the price or the move of a particular cryptocurrency coin because you will do a lot of research and a lot of analyzation because that is how you things can be done especially the decisions that you will make in your trading journey great.

Also if it is then there will be no traders who will earn consistently and there will be not that much traders. The thing is effective traders can somehow predict the price whether it will go up or down that is with the use of the knowledge and information that they have that will guide them to make a wise decision and choose coins that are promising and will surely give them a huge profit. In trading, guessing is utterly stupid thing to do which will lead you to a great loss and a great way to throw away your Bitcoins like its nothing with no value because if you cherish it then surely you wouldn't put it in a chance or luck. If somehow it is then trading is none other than a gamble but it is not since it is not based on luck but rather base on a logical way of perceiving the price flow and act accordingly.

xFiber

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In a sense it's guessing but there are a lot of factors that can indacte a price surge or sell off. Don't forget the market is based on human emotions so compared to the risk, the return of your can be more than ten times greater compared to the risk. But in the end you should never trade with money you can't afford to lose.

Kisanaq

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I think not, with trading we can earn a lot of money, the most important is we need to be familiar with all of the trading, in addition to that we must dare to take the risk because the trading takes courage.

Barnabe

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Even if trading require skills and dedication, I don't know if it really applies to bitcoin. We know it for a fact that the price is heavily influenced by whales so a lot of "standard" trading strategies could be wronged by this and profits could be almost entirely be due to luck. Don't you think ?

zoelhack

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Trading for me to educate because early I do not know what trading and now have started to know it, and I must have a good accuracy to be a complete guide on what will happen in the future.

onrise

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Trading is completely done base on your skills, knowledge, learning and experience. Its a demand and supply game. So according to your needs and demand you buy and sell to the other party. Knowledge about the world markets, technical charts will help you decided about the btc price movement in coming time whether it will be going up or down and accordingly you can strategist your move.

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Quote from: malikusama on June 15, 2017, 09:30:36 PM

Nobody is completely sure about the profit in cryptocurrency trading. Educated guessing somehow relates because you should have that market knowledge where you are trading to earn profit through it, the more you explore and research the market the more you will know about it.

Thats skills which needed to extend the more you know how things works properly and accordingly you will be able to take advantage of this great investment but on the other side you are just guessing around thinking of the possible movement to favor you and the entry and exit will be good for you.

batang_bitcoin

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Quote from: dannon on February 23, 2017, 07:12:58 PM

Can you really be sure you will profit unless you have insider info?

Even you don't have insider info you can work alone in trading. There's a lot of traders that are just using their gut feel and when they reach like 5%-10% profit from their capital that is already enough. But there's no assurance that you will profit in trading, you really need to study the market and you can try educated guess if your a newbie.

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Quote from: dannon on February 23, 2017, 07:12:58 PM

Can you really be sure you will profit unless you have insider info?

i think i will set my mind to get profit on every trade i do and if i get stucked in one coins, i only need to be patience. i don't think that we need insider info to make profit because for me, its like i don't using everything i have to make my own profit and i can not increase my skill in trading. i don't agree that trading is just educated guessing because i think in trading, we need to learn many thing if we want to increase our skills and if we want to mastered this skills, then we need to practice every day.

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Quote from: malikusama on June 15, 2017, 09:30:36 PM

Nobody is completely sure about the profit in cryptocurrency trading. Educated guessing somehow relates because you should have that market knowledge where you are trading to earn profit through it, the more you explore and research the market the more you will know about it.

I wouldn’t want to tell anyone who didn’t gamble before to start gambling right now because there is no real hurry to make money. Bitcoin gambling will be online for a very long time and if the right people know how to educate themselves on how to gamble then they could make money anytime they want to.

malikusama

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Nobody is completely sure about the profit in cryptocurrency trading. Educated guessing somehow relates because you should have that market knowledge where you are trading to earn profit through it, the more you explore and research the market the more you will know about it.

chalkboard17

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Quote from: DrGuns4Hands on June 15, 2017, 05:39:04 PM

It's true. Trading is perfectlyan educational guessing because without knowledge earning from trading is really impossible. Many people says that trading is more risky than investing. Because in trading you have to wait for the monet is back to you? But when you invest your money in the long run you know that you invest are growing

Well, I do not like when people say that trading is the same as guessing. People analyze charts in order to make their prediction more correctly so that they can easily get the profit from this activity. Trading is good, you need to learn more about trading before saying something like this

DrGuns4Hands

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It's true. Trading is perfectlyan educational guessing because without knowledge earning from trading is really impossible. Many people says that trading is more risky than investing. Because in trading you have to wait for the monet is back to you? But when you invest your money in the long run you know that you invest are growing

Pattart

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Quote from: Duzter on June 13, 2017, 10:36:29 AM

Trading is perfectly an educational guessing, because without knowledge earning from trading is really impossible. So the better learning about the digital currency market and all about the functioning of the entire system helps with the profitability than loses.

Knowledge and skills will continue to take precedence over guessing. If you just guessed for no apparent reason without calculation and without any knowledge. Of course it would be the same as gambling.

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Quote from: mornabo on June 15, 2017, 10:52:19 AM

Quote from: Duzter on June 13, 2017, 10:36:29 AM

Trading is perfectly an educational guessing, because without knowledge earning from trading is really impossible. So the better learning about the digital currency market and all about the functioning of the entire system helps with the profitability than loses.

I think if you're just relying on guessing then all you'll get is a defeat. Trading is not just about guessing but you need more skills. You can not rely on luck alone to trade. Because of course it will give you a loss

Yup, we need to moniter the price changes at each and every second. If the price changes, we need to change the set value in the exchange site where we are enrolled for the trading. Some traders use to have multiple trading account in multiple exchanges. They are use to completely involved in the trading to see the profit.

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