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Topic: There is no certainty in trading - page 4. (Read 1527 times)

sr. member
Activity: 1876
Merit: 318
December 27, 2020, 05:17:05 AM
#82
It is true that there can be no certainty in trading, that's what I think makes trading interesting. There are so many possibilities
that can occur with every coin price movement, so it's not easy to make profit from trading. We must be able to do technical and
fundamental analysis to be able to predict the movement of coins in the market.

No matter how good our analysis and strategy we use when trading, it cannot possibly be 100% accurate. Therefore, every time
we trade, always use the money that we can afford to lose, and use the stop-loss feature in order to protect the capital we have
for trading.
sr. member
Activity: 1204
Merit: 272
1xbit.com
December 27, 2020, 04:29:59 AM
#81
I think being consistent is also hard.

You never know what will be the movement so what other investors do is that they adjust from some certain movements that is why being consistent is hard. It still depend on the investors on how will they adapt on the changes that are happening. It will comes down on the knowledge they have which is still based on probabilities.

A reality we have to accept in life is that nothing is easy, and nothing comes easy. So if trading is hard, then we should know after learning trading, consistency in trading will also take awhile before perfection. Hence the reason why we just continue to trade until we can consistently take profits.

Listen Dude, when it comes for trading then we should understand that we will be using our money in risks.
And as no one has seen the future, then it’s completely based on Estimation.
Then there most important part comes which is luck and the capability to bear losses if you have bad fortune.
I also somehow agree with the OP regarding his statement, but still he explains it very contradictory.
At last i also obey that there is no certainty in Trading, but still if you want to make money then you need to jump into this.
sr. member
Activity: 2590
Merit: 322
Vave.com - Crypto Casino
December 27, 2020, 02:52:00 AM
#80
There is no certainty in trading, it's just that we can analyze it,
a pump occurs then a dump occurs and it cannot be ascertained,
minimize the risk if you are a trader, analyze well and you will be safe.
Trading is a calculated and speculated guessing we only analyze and have the odd on our side using all sorts of analysis TA or fundamental which is not certain however there are probality of having an edge over the market if a trade is properly managed with a good risk to reward ratio of course there is no holy Grail or perfect strategy just stake the odd on your side and take the risk and move on, trading is not for the feeble minded but only for experience and risk takers.
hero member
Activity: 2828
Merit: 518
December 26, 2020, 06:11:17 PM
#79

I don't think there's "perfection" in trading. Even veteran traders in stocks, commodity, and in crypto still commit mistakes in either buying or selling their assets. Nobody is "perfect" with their own strategy, predictions, and timing.
Reality is, trading indeed takes a while before you become expert and try lessening the risk of lossing.
Consistency in trading also depends on your resources. If you loss too much in trading, It might turn into discouragement and never continue on what has been started to be a trading career.
Committing mistakes are common scenarios that we are able to see and experience but from that we also able to learn and survive from these mistakes. But if we are not able to change those mistakes, this will also be the reason for our fall.

I don't encourage people to trade because believe me or not, this is not for everybody. This is only for the person who is a risk-taker and an open-minded individual. Those impatient person can't be here, yes they are welcome to try but not sure how they can adjust to the market volatility.
hero member
Activity: 2716
Merit: 552
December 26, 2020, 05:46:35 PM
#78
I think being consistent is also hard.

You never know what will be the movement so what other investors do is that they adjust from some certain movements that is why being consistent is hard. It still depend on the investors on how will they adapt on the changes that are happening. It will comes down on the knowledge they have which is still based on probabilities.

A reality we have to accept in life is that nothing is easy, and nothing comes easy. So if trading is hard, then we should know after learning trading, consistency in trading will also take awhile before perfection. Hence the reason why we just continue to trade until we can consistently take profits.

I don't think there's "perfection" in trading. Even veteran traders in stocks, commodity, and in crypto still commit mistakes in either buying or selling their assets. Nobody is "perfect" with their own strategy, predictions, and timing.
Reality is, trading indeed takes a while before you become expert and try lessening the risk of lossing.
Consistency in trading also depends on your resources. If you loss too much in trading, It might turn into discouragement and never continue on what has been started to be a trading career.
sr. member
Activity: 1484
Merit: 277
December 26, 2020, 04:48:34 PM
#77
I think being consistent is also hard.

You never know what will be the movement so what other investors do is that they adjust from some certain movements that is why being consistent is hard. It still depend on the investors on how will they adapt on the changes that are happening. It will comes down on the knowledge they have which is still based on probabilities.

A reality we have to accept in life is that nothing is easy, and nothing comes easy. So if trading is hard, then we should know after learning trading, consistency in trading will also take awhile before perfection. Hence the reason why we just continue to trade until we can consistently take profits.

Consistent take profit in cryptocurrencies in my opinion is quite complicated to do,
indeed when the market is bullish we just hold on, and our capital will increase, because our portfolios are rising,
but in the world of cryptocurrencies there is no certainty. , and we are required to be careful, especially in trade and investment.

Don't trade when its not yet in a good timing, because some folks invest their money during highest peak and that's the main reason why emotions takes place. Though we're not certain often times, we need to develop the skills by plotting a graph monitoring on coins that we're holding. On that strategy, you'll determine how the price fluctuates so we can decide what will be our next moves.
hero member
Activity: 2366
Merit: 793
Bitcoin = Financial freedom
December 26, 2020, 04:13:09 PM
#76
The certainty you have during the pump dump of a small coin is still not a certainty, because you do not know the other actors that can play a role there neither. I mean think about this way, lets say there is this coin that has like 10k volume, and you own 10k yourself, so you want to make it go up a lot and hype it, so you buy 500 dollars of it, makes it go up, and when people start to either sell or buy you buy another 500, do this 20 times inside a day to make it look like it is not going down ever, when you do this over course of few hours people realize that this coin is going up, and volume goes up, at that point you can crash it by selling your all.

However this would only work if there is nobody that can match you, there could also be people who own more than 10k worth of it, and sell it to cover your increase one by one and make you lose money.
Normally an experienced trader won't get interested into a coin which is having less market cap and daily trading volume. As a trader myself will look into the volume which should be atleast in few thousand in terms of BTC then only will do the further analysis like project team and all. So who wants to bump a small coin has very less chance to do that.
sr. member
Activity: 2002
Merit: 250
December 26, 2020, 03:40:39 PM
#75
I think being consistent is also hard.

You never know what will be the movement so what other investors do is that they adjust from some certain movements that is why being consistent is hard. It still depend on the investors on how will they adapt on the changes that are happening. It will comes down on the knowledge they have which is still based on probabilities.

A reality we have to accept in life is that nothing is easy, and nothing comes easy. So if trading is hard, then we should know after learning trading, consistency in trading will also take awhile before perfection. Hence the reason why we just continue to trade until we can consistently take profits.

Consistent take profit in cryptocurrencies in my opinion is quite complicated to do,
indeed when the market is bullish we just hold on, and our capital will increase, because our portfolios are rising,
but in the world of cryptocurrencies there is no certainty. , and we are required to be careful, especially in trade and investment.
hero member
Activity: 2408
Merit: 584
December 26, 2020, 12:09:44 PM
#74
The certainty you have during the pump dump of a small coin is still not a certainty, because you do not know the other actors that can play a role there neither. I mean think about this way, lets say there is this coin that has like 10k volume, and you own 10k yourself, so you want to make it go up a lot and hype it, so you buy 500 dollars of it, makes it go up, and when people start to either sell or buy you buy another 500, do this 20 times inside a day to make it look like it is not going down ever, when you do this over course of few hours people realize that this coin is going up, and volume goes up, at that point you can crash it by selling your all.

However this would only work if there is nobody that can match you, there could also be people who own more than 10k worth of it, and sell it to cover your increase one by one and make you lose money.
member
Activity: 421
Merit: 47
December 26, 2020, 05:08:12 AM
#73
I think being consistent is also hard.

You never know what will be the movement so what other investors do is that they adjust from some certain movements that is why being consistent is hard. It still depend on the investors on how will they adapt on the changes that are happening. It will comes down on the knowledge they have which is still based on probabilities.

A reality we have to accept in life is that nothing is easy, and nothing comes easy. So if trading is hard, then we should know after learning trading, consistency in trading will also take awhile before perfection. Hence the reason why we just continue to trade until we can consistently take profits.
hero member
Activity: 1834
Merit: 566
December 25, 2020, 09:06:38 AM
#72
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.
If you are talking about altcoins/token trading, i agreed there is no certainty cause they are an extremely manipulated market but if you are talking about the whole trading system (in which Bitcoin is included) then will disagree with just a little because there are some circumstances in the market that are certain example the new ATH which the market always accomplish after Bitcoin block halving.

We already see the market moves out of our expectations, even if we can make a good prediction where bitcoin or altcoin price will go in a few next hours. But suddenly, everything is changing, and make our prediction can not happen. It seems that the crypto market can be manipulated, but I do not think that the manipulation can happen every time because that will need a lot of money to move the price to the range they want.

That is why it is impossible to predict the altcoin market situation because even though the price of Bitcoin is increasing we are seeing the altcoin prices are going down. Yes, it is impossible to predict the situation in days, everything will change in a matter of minutes and we are losing the value of altcoin whether it is upward or downward.
Market manipulation don't always happen but it not completely impossible to predict the price of Bitcoin or altcoin market and what happens is that predictions are not always accurate. However, the altcoin market is going down cause the Bitcoin market hasn't reached the peak to carry the altcoin market along.
member
Activity: 517
Merit: 10
December 25, 2020, 01:43:48 AM
#71
I realize numerous individuals previously doing that sort of methodology use for exchanging they are looking for changed source to check if there is an occasion will occur and how enormous it is. you should not just keep reliable to keep your eyes simultaneously yet you should likewise consider the different elements that can influence the market. The news is assuming a significant part to decide the market heading.
hero member
Activity: 2534
Merit: 586
December 24, 2020, 10:40:22 AM
#70
There are few things that could make it less risky and there are things that could make it more risky, it all depends on how you approach it. But, we all got into this knowing that crypto was a risky thing didn't we? I mean if we wanted safe, we would just take our money and put it in some bank and ask for interest on the money we deposited, they would give us silly small amounts and it wouldn't be good at all in the end, we would be beaten by the inflation in the end.

I don't get why we do not have any kind of question about the risk crypto posses, we shouldn't have any questions about it, you know why? Because bitcoin made people over 3x profit this year, yes that is correct, whatever money you put in at the start of 2020 is now over triple of what it was. Do you really believe anything that profitable could ever be safe and has certainty that will give you profits?
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
December 24, 2020, 06:30:24 AM
#69
That is why it is impossible to predict the altcoin market situation because even though the price of Bitcoin is increasing we are seeing the altcoin prices are going down. Yes, it is impossible to predict the situation in days, everything will change in a matter of minutes and we are losing the value of altcoin whether it is upward or downward.


We see bitcoin price now is down, and many altcoins following down too. I think that is another correction for bitcoin and altcoin, and hopefully, everything will be back to the high price in the next weeks. Since we almost have a long weekend, maybe that makes some traders get out of the market and use their time with their family. But we do not know if that is the reason why bitcoin and altcoins price was down.
legendary
Activity: 2226
Merit: 1086
Free Bitcoins Every Hour!
December 23, 2020, 05:48:38 PM
#68
Quote
There is no certainty in trading
That is why we know that cryptocurrency is something that we really have to manage the risks. The Crypto market is volatile, fluctuating, and also sometimes unpredictable. It will make sometimes very surprising conditions after only a few hours.
Many traders can do certain technical analysis and fundamental analysis to be implemented for trading. However, it is true, it will be never 100% certain. there are likely about 20% probabilities of changing market situation in only a few hours.
hero member
Activity: 2660
Merit: 551
December 23, 2020, 05:30:27 PM
#67
If you are looking for certainty, of course you have to stay away from trading,
remember, trading is something that is not easy to run, it requires smart and mature speculation,
especially in the crypto market, prices are always volatile, pumps and dumps just happen, making traders have to be extra careful .
True, if you don't want to have a high risk, obviously you have to stay away from any trading that is in the crypto market, because crypto market conditions are very difficult to predict and predict precisely, so all traders always need smart and mature speculation.

On the contrary, a market that is very volatile like bitcoin has a lot of opportunities to traders to make money and squeeze some profits. That is if you know what you are doing and this comes with experience. For newbies it will be very difficult in the beginning as they might have to loss money to gain experienced.

But for those who have been here at least in 2017, they know what's up with the market and will take advantage of every pump and dump to get some profits and then re-cycle their capital to other projects that has the hype. It's very dangerous move but in the end, you will be rewarded.
full member
Activity: 1064
Merit: 101
December 23, 2020, 05:07:14 PM
#66
There is no certainty in trading, it's just that we can analyze it,
a pump occurs then a dump occurs and it cannot be ascertained,
minimize the risk if you are a trader, analyze well and you will be safe.
full member
Activity: 387
Merit: 100
December 23, 2020, 03:23:24 PM
#65
yes you are right, in crypto trading nothing is certain and if we are not careful we will lose and be played with by the market, sometimes when trading I am always emotional because the market does not match my predictions, but back again, if we use emotions we will experience losses.  we must be smart in controlling our emotions and smart in analyzing.  as an aid in trading i also need free signals.
legendary
Activity: 2464
Merit: 1102
December 23, 2020, 11:26:21 AM
#64
There are "some" certainties in trading world. For example, when you go into bitcoin world, you know that you are getting away from a centralized world and going into a centralized world, that is a very important aspect of the trading, because you would like to trade on something that others can't shift the land under you to make more room for themselves and less for you right?

Look at the stimulus check talks in the congress and senate in USA, they have been talking about no stimulus check at all for months, and now they have accepted one that has 5000+ pages of stuff in it, from giving over 500 billion dollars to rich people, to tax cuts (such as tax cuts to people who own race horses, like that has anything to do with stimulus checks) which in the end shows that fiat world is purely for the rich, and by going on crypto route you know you will do better.
legendary
Activity: 3108
Merit: 1029
December 23, 2020, 09:38:55 AM
#63
If you are looking for certainty, of course you have to stay away from trading,
remember, trading is something that is not easy to run, it requires smart and mature speculation,
especially in the crypto market, prices are always volatile, pumps and dumps just happen, making traders have to be extra careful .
Trading is a speculative area that everyone will always find the uncertainty. people should not try to do a trade when they didn't even wanna join in the uncertain market
This market is a speculative market. It's full with prediction and speculation.
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