When you place an order to buy or sell, you take into account the following support and resistance levels, taking the relative averages as a basis for trading.
Topic: Know it that market is speculative - page 6. (Read 821 times)
Things are supposed to be that simple, but what happens is different, as trading works 24 hours, 7 days a week, and platforms are from all over the world, and trading can be done between platforms. stability tends more to market demands and not to one user, where you have a level of support and resistance through which the price moves, which is the basis of what Known as technical analysis that helps you make your investment decisions.
When you place an order to buy or sell, you take into account the following support and resistance levels, taking the relative averages as a basis for trading.
When you place an order to buy or sell, you take into account the following support and resistance levels, taking the relative averages as a basis for trading.
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For newbies in trading, you need to understand that the crypto market is a speculative and not stagnant.
What do you think?
What do you think?
I doubt there is anyone who doesn't know about that, even the newbies.That's usually the first thing. Making profits in trading comes from volatility and those speculation and if the market is not rising/dipping, I doubt if traders would even be making profits. The market is never stagnant! Like you said. That's what they always know before getting on with it. Even for some common investors who want to just carry out some play with their Bitcoin, they could, for example, buy Bitcoin at, let's say, $27,600, and when they see that the price has gone to $28,800, they sell and wait for it to fall to $27k again. unless for some stable coins, which are not useful for carrying out crypto trading.
Yes indeed, we speculate to make profit and that’s how you should play on this market.
TA works, and you speculate the price for you to buy and sell, newbies have to understand the risk as well.
Speculation is not easy though, it should be backed up by facts and analysis, don’t just listen to anyone’s prediction without having your own analysis, because it can be FUD and you might lose money if you follow it.
TA works, and you speculate the price for you to buy and sell, newbies have to understand the risk as well.
Speculation is not easy though, it should be backed up by facts and analysis, don’t just listen to anyone’s prediction without having your own analysis, because it can be FUD and you might lose money if you follow it.
This the reason why I strongly advise against the depends of signals that most people trust on social media. Usually when I see people rounding around in groups to pay for signal on telegram I just laugh, not that I said it is wrong but it dependance by newbies baffles me. Trading is risky but still experience, skilled and knowledgeable traders are earning profits from them but this doesn’t comes easily as it needs one to understand and continue to study the fundamentals of trading.
The other thing is we only speculate the profit but there should also be some set back speculation which experience traders usually have in mind but newbies only speculate the profits and therefore invest Almost everything on it
Yes indeed, we speculate to make profit and that’s how you should play on this market.
TA works, and you speculate the price for you to buy and sell, newbies have to understand the risk as well.
Speculation is not easy though, it should be backed up by facts and analysis, don’t just listen to anyone’s prediction without having your own analysis, because it can be FUD and you might lose money if you follow it.
TA works, and you speculate the price for you to buy and sell, newbies have to understand the risk as well.
Speculation is not easy though, it should be backed up by facts and analysis, don’t just listen to anyone’s prediction without having your own analysis, because it can be FUD and you might lose money if you follow it.
Trading in the cryptocurrency market requires a sound understanding of technical analysis, chart patterns, and various indicators to identify potential buy and sell signals. Fundamental analysis is also important as it involves analyzing news events, market trends, and other factors that may impact the price of a particular cryptocurrency.
new traders should note that trading involves a high degree of risk, and there is no guarantee of profit.
Therefore, it is essential to have a solid risk management strategy in place and to be disciplined in executing trades based on the analysis and indicators used.
all this said, I agree with your first argument that the Market is Speculative, even as the bull and the Bears move for control.
new traders should note that trading involves a high degree of risk, and there is no guarantee of profit.
Therefore, it is essential to have a solid risk management strategy in place and to be disciplined in executing trades based on the analysis and indicators used.
all this said, I agree with your first argument that the Market is Speculative, even as the bull and the Bears move for control.
The word Speculative has given crypto the negative view from newbies in the industry. The news about crypto trading usually has warning about it being speculative assets.
We know prices can change but in BTC, the changes happens very fast that you feel happy vindicated in investing in the morning while in the afternoon you could be planing to jump off the cliff when the market made you lose thousands.
I don't think there's anyone that's in doubt of the speculative nature of the market. Let me take the liberty of believing everyone knows. However, what every trader/investor can't boast of is a perfect entry or exit point. This also goes to show that there's nothing like a perfect entry or exit point. It's a mirage. Like you rightly posited, someone's exit point is another's entry point and this is what makes the market most exciting.
Speculative, of course. But that's not really surprising because I think the average trader and investment know how the market works. Market volatility is expected, traders and investors and observers can always speculate on what will happen in the next 24 hours, next 1 week, next 1 month, 1 year or in several years. But I don't think about the price can guarantee, so speculative of course.
Price trends can change at any time, even someone will realize that there is always a possibility that the trend will break their trading and investment plans even though they have done their analysis. Price volatility is expected for the short term and long term profits generated by traders and investors, so this is common with the crypto market.
Any newbie joining the crypto space now should have known that it is a speculative market. They might have being told when explaining to them about crypto or they might have used their mindset to assume so, since the price it was some years back is not the same today. They’ve been some upward and downward movement of prices since then due to volatility which cannot be predicted but only speculated on what the next move in price could be. This is one of the pivotal factors that newbies face after they’ve fully invested in cryptocurrency without having sufficient knowledge on its volatile nature. It has caused more disappointments than encouragement to newbies.
Most newbies know this, but what they cannot and they do not want to understand is that they believe this market somehow can go against the rules of common sense and allow someone which knows nothing about this market to make huge profits in a short amount of time, and this not true, the markets reward the skilled and the experienced, and since they do not have any of those two characteristics then it is to be expected they are punished by it and they lose their money instead of making any. 
Any newbie joining the crypto space now should have known that it is a speculative market. They might have being told when explaining to them about crypto or they might have used their mindset to assume so, since the price it was some years back is not the same today. They’ve been some upward and downward movement of prices since then due to volatility which cannot be predicted but only speculated on what the next move in price could be. This is one of the pivotal factors that newbies face after they’ve fully invested in cryptocurrency without having sufficient knowledge on its volatile nature. It has caused more disappointments than encouragement to newbies.
Yes, it's true that the cryptocurrency market is highly speculative, and prices can fluctuate rapidly, making it a volatile market. Technical analysis and fundamental analysis are two popular ways traders use to predict price movements in the market. Technical analysis involves studying the charts and patterns to identify trends and predict future price movements. On the other hand, fundamental analysis involves examining the underlying factors that affect the value of the cryptocurrency, such as news, adoption rate, and regulatory changes. Both types of analysis have their advantages and disadvantages, and traders often use a combination of both to make informed decisions. It's essential to have a good understanding of the market and the risks involved before getting involved in cryptocurrency trading
I don't think there's anyone that's in doubt of the speculative nature of the market. Let me take the liberty of believing everyone knows. However, what every trader/investor can't boast of is a perfect entry or exit point. This also goes to show that there's nothing like a perfect entry or exit point. It's a mirage. Like you rightly posited, someone's exit point is another's entry point and this is what makes the market most exciting.
For newbies in trading, you need to understand that the crypto market is a speculative and not stagnant. It moves up and down known as bull and bear respectively. Incase you don't know, now, how trade happens is when one buyer is speculating up another can speculate down and the exchange happens on the trading platform. For example when the price of btc is $28,000, someone is speculating it further to buy to $29,500 and another can speculate it to sell to $26,000. So depending on your chart and analysis, that determines your winning strength if you speculate rightly. Trading is speculative based on your technical analysis, indicators and fundamentals (news).
What do you think?
What do you think?
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