Topic: There is no certainty in trading (Read 1537 times)
We have to agree to the reality in crypto trading. There are no astronomical guaranteed returns in cryptocurrency trading, and that’s a fact! No matter how skilled you are in trading from beginner to expert, there are no certainties in terms of price movement because anything could happen in an unexpected way, especially when the price goes down.
I also think that this applies to stocks as well or in investing in general as we rely on probabilities. If there is any absolute guarantee on the results of something, then most probably, all of us would have been rich at this point.
Trading cryptocurrencies rely heavily on its volatility on the market. With its supply and demand, its price may change without any notice. I remember, I have an acquaintance who traded bitcoin as his primary job. Although he earns big amounts of return, he also losses big since the amount he wagers is around 10-20 btc per transaction.
For stock market it is not the same, because at the end of the day in stock market you end up with a company and a stock based on that company, so it is not just "probabilities" there. Of course the market could crash out of nowhere for no reason at all, or we could have a horrible day for a company where there is a big fire in the building and it sets the business back for a while, etc etc those type of things are quite possible and definitely valid in many places.Trading cryptocurrencies rely heavily on its volatility on the market. With its supply and demand, its price may change without any notice. I remember, I have an acquaintance who traded bitcoin as his primary job. Although he earns big amounts of return, he also losses big since the amount he wagers is around 10-20 btc per transaction.
However most of the time there is a company, that company does a business, it grows big and big, and the stock price goes bigger and bigger and that is about it, that is the end of the story. Sometimes there are crashes, sometimes there are companies that bankrupts and so forth, but they are rarely unpredictable, it is almost always predictable and thats why I think it is not like crypto.
I also think that this applies to stocks as well or in investing in general as we rely on probabilities. If there is any absolute guarantee on the results of something, then most probably, all of us would have been rich at this point.
Trading cryptocurrencies rely heavily on its volatility on the market. With its supply and demand, its price may change without any notice. I remember, I have an acquaintance who traded bitcoin as his primary job. Although he earns big amounts of return, he also losses big since the amount he wagers is around 10-20 btc per transaction.
For stock market it is not the same, because at the end of the day in stock market you end up with a company and a stock based on that company, so it is not just "probabilities" there. Of course the market could crash out of nowhere for no reason at all, or we could have a horrible day for a company where there is a big fire in the building and it sets the business back for a while, etc etc those type of things are quite possible and definitely valid in many places.Trading cryptocurrencies rely heavily on its volatility on the market. With its supply and demand, its price may change without any notice. I remember, I have an acquaintance who traded bitcoin as his primary job. Although he earns big amounts of return, he also losses big since the amount he wagers is around 10-20 btc per transaction.
However most of the time there is a company, that company does a business, it grows big and big, and the stock price goes bigger and bigger and that is about it, that is the end of the story. Sometimes there are crashes, sometimes there are companies that bankrupts and so forth, but they are rarely unpredictable, it is almost always predictable and thats why I think it is not like crypto.
I want us to understand that no mind can control or know a token direction with total certainty; which is why there are always dump (or price corrections as you may call it). The only certainty while trading crypto currency is PROBABILITIES; because in trading, at every moment there are so many different possibilities, entries and even exits; your level of interpretation will determine the one you go for and also prepare for when the market does not obey your predictions
This is why you have to be consistent in your 'right' process.
This is why you have to be consistent in your 'right' process.
I also think that this applies to stocks as well or in investing in general as we rely on probabilities. If there is any absolute guarantee on the results of something, then most probably, all of us would have been rich at this point.
Trading cryptocurrencies rely heavily on its volatility on the market. With its supply and demand, its price may change without any notice. I remember, I have an acquaintance who traded bitcoin as his primary job. Although he earns big amounts of return, he also losses big since the amount he wagers is around 10-20 btc per transaction.
Trading is all about anticipating whether the cost will go up or down so there's truly no certainty on this. Indeed master dealers are having botches on doing their exchanges. In spite of the fact that it can be the same as betting in terms of vulnerabilities, I will still lean toward exchanging since you'll be able learn a few investigation methods and utilizing a few markers to decrease this scenario. Trading is about knowledge without knowledge trading is like a gambling.
it would be difficult to work in crypto trading without BTC , that’s even scary to imagine. Trading Crypto is difficult because of eg rampant market manipulation or big trading desks and bots constantly adapting to fleece ppl like you. So, trust only a few. trust your skills. trust yourself and trust BTC-USDT trading
You are wrong; you can trade crypto currency without having anything at all to do with bitcoin trade pairs; And this is one reason why newbies must first learn and understand how cryptoo currency trading works before trading at all. Learn your skilll and trust your decision making skills; but never trust the market; you are alone in the crypto market.
Having this kind of mindset is somewhat that being independent and doesnt really tend to seek out for help but rather on trusting only yourself.
This market is fierce and if you dont have the guts and dedication on dealing with it then you would really be fucked up thats why you should do all the things
needed for you to learn up and taking a grasp and gaining experience as much as you can.
Market had never been a predictable thing and anything can happen.The only thing you can trust is yourself and the skills/experience you do have.
it would be difficult to work in crypto trading without BTC , that’s even scary to imagine. Trading Crypto is difficult because of eg rampant market manipulation or big trading desks and bots constantly adapting to fleece ppl like you. So, trust only a few. trust your skills. trust yourself and trust BTC-USDT trading
You are wrong; you can trade crypto currency without having anything at all to do with bitcoin trade pairs; And this is one reason why newbies must first learn and understand how cryptoo currency trading works before trading at all. Learn your skilll and trust your decision making skills; but never trust the market; you are alone in the crypto market.
If you know how to sway the situation into your favor then you can make profit just by trading, just do some research on the coin, practice trading and learn stuff that is remotely related to it, get into discussions with people of the same interest although you will never know what you can get there but a lot of healthy discussions will be helpful for you. You don't always have to risk in trading, sometimes playing safe is the best bet, if you are conflicted between being unsure and certain on a trade then you should choose the safest option of playing safe, it is okay not to risk, those who are still playing at the end has a higher chance to win than those that go all out in the middle of the game. Trading doesn't create profit, you and your skill set are the ones making the profit.
People do not really take that much time to get better and that is the problem. They want to make a profit as soon as possible and that is why there is a problem and that is why it will never get better as long as people want to make a profit right away, there is no way people could make a profit right away and they never really understood that.Things you listed are the things that is required to make some profit and all of them take time and people are not willing to spend that much time learning and not making a single profit, because while you are on the learning stage you do not trade right away, and you just study and that means you are not going to make any profit while spending time on it and people hate "working" for free, when in fact they do not realize that they are working to get a lot more profit in the future but they don't see that.
Big Losses Are Sometimes Not A Bad Thing. Some Lessons Can Only Be Learned The Hard Way.
Don't force a trade just to feel like the proffessionals ,take calculated risks also have valid reasons for taking trades
Big losses in the market is not a bad thing as you said cause it creates more understanding and more insight to prevent such occasion to repeat itself in the future but big loss can still be avoided if took time to control one's emotion by holding till the market is bullish again.Don't force a trade just to feel like the proffessionals ,take calculated risks also have valid reasons for taking trades
With that been said, people need to understand trading is just like gambling which is a totally a game of chance.
Big Losses Are Sometimes Not A Bad Thing. Some Lessons Can Only Be Learned The Hard Way.
Don't force a trade just to feel like the proffessionals ,take calculated risks also have valid reasons for taking trades
Don't force a trade just to feel like the proffessionals ,take calculated risks also have valid reasons for taking trades
the truth about trading is majorly prediction and foreseeing what might happen in the future using different parameters. sometimes your prediction might not go your way at first , so it requires patience and consistency. you must ensure that your winning trades is more than losing trades. and then increase your knwoledge also.
Trading in crypto sometimes manipulated by either whales or a group of people who hold a lot to their purpose. Therefore, in trading fully,
we must be prepared for the risks involved. Because sometimes all those predictions aren’t entirely correct. For that, a trader must be
willing if he suffers losses in trading. Because crypto trading it does not create to always profit.
If you know how to sway the situation into your favor then you can make profit just by trading, just do some research on the coin, practice trading and learn stuff that is remotely related to it, get into discussions with people of the same interest although you will never know what you can get there but a lot of healthy discussions will be helpful for you. You don't always have to risk in trading, sometimes playing safe is the best bet, if you are conflicted between being unsure and certain on a trade then you should choose the safest option of playing safe, it is okay not to risk, those who are still playing at the end has a higher chance to win than those that go all out in the middle of the game. Trading doesn't create profit, you and your skill set are the ones making the profit. we must be prepared for the risks involved. Because sometimes all those predictions aren’t entirely correct. For that, a trader must be
willing if he suffers losses in trading. Because crypto trading it does not create to always profit.
it would be difficult to work in crypto trading without BTC , that’s even scary to imagine. Trading Crypto is difficult because of eg rampant market manipulation or big trading desks and bots constantly adapting to fleece ppl like you. So, trust only a few. trust your skills. trust yourself and trust BTC-USDT trading
Traders should really afford those losses.
Trading is not always manipulated by these whales or groups since we all know how volatile the price is. No one can predict the price that is why we don't have any certainty of what will happen. All we know is that there are just two paths where the price is going, it will either pump or it will dump. It is on us investors and traders how we will take those movements as opportunities.
Trading is not always manipulated by these whales or groups since we all know how volatile the price is. No one can predict the price that is why we don't have any certainty of what will happen. All we know is that there are just two paths where the price is going, it will either pump or it will dump. It is on us investors and traders how we will take those movements as opportunities.
Well being a trader we should already adopt the essence of acceptance before losses happen so that we can move forward as soon as possible and we may never get stuck from it. Whether we like it or not we must dealt with the pump and price corrections because that's what spice up of what we called trading. Trading doesn't always manipulated by the whales as what others are thinking off, trading become more extant with those whales and of course it is all because of us, a traders who were making trading a more active area in cryptocurrencies.
Trading in crypto sometimes manipulated by either whales or a group of people who hold a lot to their purpose. Therefore, in trading fully,
we must be prepared for the risks involved. Because sometimes all those predictions aren’t entirely correct. For that, a trader must be
willing if he suffers losses in trading. Because crypto trading it does not create to always profit.
we must be prepared for the risks involved. Because sometimes all those predictions aren’t entirely correct. For that, a trader must be
willing if he suffers losses in trading. Because crypto trading it does not create to always profit.
Traders should really afford those losses.
Trading is not always manipulated by these whales or groups since we all know how volatile the price is. No one can predict the price that is why we don't have any certainty of what will happen. All we know is that there are just two paths where the price is going, it will either pump or it will dump. It is on us investors and traders how we will take those movements as opportunities.
Trading in crypto sometimes manipulated by either whales or a group of people who hold a lot to their purpose. Therefore, in trading fully,
we must be prepared for the risks involved. Because sometimes all those predictions aren’t entirely correct. For that, a trader must be
willing if he suffers losses in trading. Because crypto trading it does not create to always profit.
we must be prepared for the risks involved. Because sometimes all those predictions aren’t entirely correct. For that, a trader must be
willing if he suffers losses in trading. Because crypto trading it does not create to always profit.
now I will admit that there are many people that call themselves traders and are in fact gamblers in disguise, that is true,
I am bringing this back so that we can all reflect on our performances as traders in this bull market; Are you a trader or a gambler ? At this point i hope we can all agree that when it comes to trading the only certainty we can have is consistency in our trading techniques and ability to differentiate from a fud price pump to an organic price pull.
When the market is uncertain, how come we can expect certainty with the trading process. As of now we've got 8000+ cryptocurrencies available in the market. Among them we've got very limited number of cryptocurrencies with real usecase and trade support, whereas majority of the cryptocurrencies are mere tokens used for pump and dump. Within this with limited level of certainty we can make trading using few cryptocurrencies. So, trading is connected with lot many factors which is why it is uncertain.
When it comes to this point; as a trader you are to choose your prefer trade pair out of the available 8000+; set up a trading plan for it; and trade it efficiently to make profits. Focusing on too many tokens could cause a loss too.
Risk level is the difference between gambling and trading and also with the set-up on how things should be dealt of and we know that trading is something that do need proper analysis and knowledge for you to benefit on.
There's no assurance when it comes to profitability but somehow it can give out that opportunity for you to make money with less risk compared on doing actual gambling.
Just do your work and research with some little bit mix of luck when you do trade. Gambling is for pure entertainment and we know on whats the difference clearly.
The biggest difference between trading and gambling is that there is no way anyone can win long term with gambling, you will always lose, whereas trading could be profitable in the long term. If you gamble against the house edge, you are going to end up losing your money because mathematically speaking the odds are in the casinos favor and you are not doing a profitable deal there, you will end up losing it.There's no assurance when it comes to profitability but somehow it can give out that opportunity for you to make money with less risk compared on doing actual gambling.
Just do your work and research with some little bit mix of luck when you do trade. Gambling is for pure entertainment and we know on whats the difference clearly.
Whereas in trading, you could do two things, either you can get out with a loss and that is your choice if you do not want to wait, but you can always just end up waiting and eventually it may turn out to be a profit as well. Nobody forces anyone to make a loss and you will be capable of profiting. Obviously these things are a bit hard to handle, but at least they are possible things in trading but it is impossible in the gambling world for sure.
Yes, you can really make out analysis on the other side and the other one you cant really make one because it is purely relying on luck alone.
Trading doesnt give out certainty but with due experience you can able to handle out those risk even though not completely but having
this will really give out some advantages.
Risk level is the difference between gambling and trading and also with the set-up on how things should be dealt of and we know that trading is something that do need proper analysis and knowledge for you to benefit on.
There's no assurance when it comes to profitability but somehow it can give out that opportunity for you to make money with less risk compared on doing actual gambling.
Just do your work and research with some little bit mix of luck when you do trade. Gambling is for pure entertainment and we know on whats the difference clearly.
The biggest difference between trading and gambling is that there is no way anyone can win long term with gambling, you will always lose, whereas trading could be profitable in the long term. If you gamble against the house edge, you are going to end up losing your money because mathematically speaking the odds are in the casinos favor and you are not doing a profitable deal there, you will end up losing it.There's no assurance when it comes to profitability but somehow it can give out that opportunity for you to make money with less risk compared on doing actual gambling.
Just do your work and research with some little bit mix of luck when you do trade. Gambling is for pure entertainment and we know on whats the difference clearly.
Whereas in trading, you could do two things, either you can get out with a loss and that is your choice if you do not want to wait, but you can always just end up waiting and eventually it may turn out to be a profit as well. Nobody forces anyone to make a loss and you will be capable of profiting. Obviously these things are a bit hard to handle, but at least they are possible things in trading but it is impossible in the gambling world for sure.
Risk level is the difference between gambling and trading and also with the set-up on how things should be dealt of and we know that trading is something that do need proper analysis and knowledge for you to benefit on.
There's no assurance when it comes to profitability but somehow it can give out that opportunity for you to make money with less risk compared on doing actual gambling.
Just do your work and research with some little bit mix of luck when you do trade. Gambling is for pure entertainment and we know on whats the difference clearly.
The biggest difference between trading and gambling is that there is no way anyone can win long term with gambling, you will always lose, whereas trading could be profitable in the long term. If you gamble against the house edge, you are going to end up losing your money because mathematically speaking the odds are in the casinos favor and you are not doing a profitable deal there, you will end up losing it.There's no assurance when it comes to profitability but somehow it can give out that opportunity for you to make money with less risk compared on doing actual gambling.
Just do your work and research with some little bit mix of luck when you do trade. Gambling is for pure entertainment and we know on whats the difference clearly.
Whereas in trading, you could do two things, either you can get out with a loss and that is your choice if you do not want to wait, but you can always just end up waiting and eventually it may turn out to be a profit as well. Nobody forces anyone to make a loss and you will be capable of profiting. Obviously these things are a bit hard to handle, but at least they are possible things in trading but it is impossible in the gambling world for sure.
Coins are speculative assets no one can surely speculate its price at certain period of time but there is a way to certainly profit like investing in the very early stage of the project. When BTC started the ones who believed BTC are ridiculed at first but now they are considered whales for having lot of BTC.
I'm sure many of us have also been thinking of holding coins that they think will be huge one day such as ETH, XMR, LTC or ADA. Holding it for a long period of time still is considered long term trading.
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