Having the right skill set, reading charts/orderbooks, following the right news, understanding sentiment and many other things if done correctly can give you an edge but that is all it is. No guarantees without insider info.
Topic: Is trading just educated guessing? - page 43. (Read 22912 times)
Are you talking about trading as a whole or just about trading cryptocurrency? Because if you say that to trading as a whole then you are wrong because in stocks Trading do actually work and its not all about speculation, not like Bitcoin or any other cryptocurrency in which you don't have some news to base your trades on all you have to see is their Charts that are not accurate to look at because the demand for cryptocurrency is ever changing that is how I see it thus far.
Everything. I started off with options trading many years ago.
I bought a book about it, it bored the shit out of me after the first page, I picked an option that sounded familiar and bought it without any more research, when I checked up on it a few months later (this was pre internet) it had quadrupled.
Same goes for everything else. I've never researched anything. I've only profited apart from about 0.2 BTC in losses, but I definitely never attempted to day trade.
I've done far better by pure guessing and jettisoning the education part. It's all largely a random shitshow so you may as well join in the fun. No one has a clue what'll happen.
Are you talking about trading as a whole or just about trading cryptocurrency? Because if you say that to trading as a whole then you are wrong because in stocks Trading do actually work and its not all about speculation, not like Bitcoin or any other cryptocurrency in which you don't have some news to base your trades on all you have to see is their Charts that are not accurate to look at because the demand for cryptocurrency is ever changing that is how I see it thus far.
I've done far better by pure guessing and jettisoning the education part. It's all largely a random shitshow so you may as well join in the fun. No one has a clue what'll happen.
Can you really be sure you will profit unless you have insider info?
Not at all. Trading with bitcoin requires you to follow the price flow, current events that might change the price and also a little luck.
I think it's doesn't exist, because there is now rules and regulations. For now most of alts are growing, but nobody knows when it will start growing. Mostly the reason of pump is releases or other news about project. You need to analyze them, imho
That is correct. trading is a real job and you need to make a prediction base on your analysis. If you are a good trader and you can analyze everything well, you can easily earn profit from this activity without guessing or relying on luck 
You need to know how to use market analysis tools to help develop your own trading system, with that you can take "educated guesses".You can never be sure with trading, but with a sound system and STRICT money management, you could maybe make some profit. And off course you need plenty of luck, I'd rather be lucky than good.
Can you really be sure you will profit unless you have insider info?
No, that's not the right perception you think on getting profit, of course you need to exert effort and time if you really want to earn something. Only few info insider are giving a chance to tell some news about pump and dump information. but,not all info was accurate there are sometimes giving wrong info.
I think it's doesn't exist, because there is now rules and regulations. For now most of alts are growing, but nobody knows when it will start growing. Mostly the reason of pump is releases or other news about project. You need to analyze them, imho
Trading is not an educated guessing a trader must learn how to trade, better still a trader can be mentored to know all the rudiments of trading i.e fundamental and technical analysis and how to trade with Japanese candlestick having been equipped with the knowledge highlighted above a trader can accurately predict the direction of price i.e time to buy and sell. Although some losses may be incurred but in a long run the trader will profitable.
Cryptocurrency is a world that fully unexpected things compare stock exchange. Crypto currency are build based on cryptography and their market depend on supply & demand so that's why the value always volatile over time. But if you dare to take the risk, cryptocurrency provide more profit than gold or stock exchange recently
Educated guesses may help but only to a small extent. For example if you know that suddenly XXX Company (A major company) adopts Bitcoin, then BTC price may go up. However there are a lot of things you have to consider, pump and dump groups, random events (RansomWare attack, Economy Crisis), no one really knows unless you can predict the future.
Do not rely solely on these guesses, you may not be right all the time.
Do not rely solely on these guesses, you may not be right all the time.
In my opinion, trading is not required to guess origin
Which will only cause losses
By looking at the supply alone is certainly a little help us to estimate the price that is suitable for us to buy. Plus see the seriousness of developers in advancing as well as their supportive communities. Surely this will help us in terms of choosing the best
Which will only cause losses
By looking at the supply alone is certainly a little help us to estimate the price that is suitable for us to buy. Plus see the seriousness of developers in advancing as well as their supportive communities. Surely this will help us in terms of choosing the best
Somehow i think we can still say that bitcoin trading or altcoin trading or any kind of trading is just an educated guess,since you are juse based on some news and facts and yet you dont know if you will succeed on trading that particular coin
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.
Probably, Yes since data being studied and provided can be analyzed for future trend in trading. We have trading history to compare and analyzed for possible future trend and prediction. If you are equipped with right data, you can minimized your your losses as this is will be your guide.
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.
Can you really be sure you will profit unless you have insider info?
For trading,you should have thorough knowledge of crypto market.You should do financial analysis,read ANN threads of altcoins,see market cap,find who are big investors,find the most under valued coin and then invest.Also you should read various charts of one week,one day,one hour to find out the price movements.Then only,you would be able to do a successful trade. 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.
As far as I know an educated guess is not a guess done just because, an educated guess uses knowledge and experience in the field in order to try to better predict the outcome, so in my opinion trading successfully is in fact an educated guess.Yes, only an experienced person can have knowledge in guessing and it is not possible to person who is very new and fresh to trading. Exactly, the prediction will become true only when he as proper and exact guessing on the market.
Trading, involves the more frequent buying and selling of stock, commodities, currency pairs or other instruments, with the goal of generating returns that outperform buy-and-hold investing. Trading profits are generated through buying at a lower price and selling at a higher price within a relatively short period of time. The reverse is also true: trading profits are made by selling at a higher price and buying to cover at a lower price. In essence it is educated guessing but really complex.
Trading is just being able to recognize that the price is likely to go up and down and placing bets in anticipation of your prediction. if your prediction is right, you make money, if it isn't, you lose. Most people use technical analysis to predict prices.
That makes trading a educated guessing because you need prediction and also knowledge to make better decision and also make profits from your trading activities. Trading is not just like predicting the price because if you will depend on that then you will end up losing your money or often lead to losses while if you add some knowledge to that like reading charts and news then you will come out with a better view for the possible prices. Jump to: