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Topic: Trader don't speculate? (Read 13261 times)

member
Activity: 406
Merit: 11
June 25, 2019, 12:13:31 PM
and how can someone tell the difference between speculation and trading?  under current conditions in the cryptocurrency market, these facets are slightly erased and each determines its strategy in such a way as to obtain the maximum benefit.
hero member
Activity: 994
Merit: 502
June 25, 2019, 11:56:53 AM
No, don't speculate... that is what they always tell us but FOMO aside, what's the fun if there is no emotional speculation!

I feel we as traders could be considered as speculative consumers, and if that is partly the truth wouldn't it be cool if the digital asset that we are speculating on was something we had whole ownership of?

I am building a game inspired by trading crypto, in the form of digital racehorse ownership on the blockchain. Haven't you always wanted to own your own racehorse any way?

Come over an take a glimpse, any feedback is welcome. https://www.zed.run

Make sure you follow the hype by joining our Discord chat. https://discord.gg/sNgA5Zu


I agree that we all want to make money on trading. This is our goal. Therefore, we are all speculators to varying degrees and there is nothing wrong with that.
Great that you want to create a game. Such games can help draw attention to crypto currencies, which over time will help better adopt them in society.
full member
Activity: 1106
Merit: 166
★777Coin.com★ Fun BTC Casino!
June 25, 2019, 10:56:00 AM
Speculation is nearly the same like gambling, but trading is activity that the same like others business that we should be use risk management and trading plan. Beside that we should be have knowledge about technical analysis and how to predict trend of crypto market.
speculation usually does not have good management and lacks careful planning. I think traders don't have to speculate but also need careful planning so that profits can still be obtained
Planning based on others speculation right? Everything need to be considered by the traders which will effect the prices then only they can good analysis and make profits from it.BTW everyone related to cryptos are trader because we come here for making money so we do speculation might not know from our knowledge.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
June 25, 2019, 10:16:53 AM
Speculation is nearly the same like gambling, but trading is activity that the same like others business that we should be use risk management and trading plan. Beside that we should be have knowledge about technical analysis and how to predict trend of crypto market.
I agree with what you said. Trading is a risky business and we must always have good management and a plan.

Trading is risky, but we can prevent the risk by learning about trading so we can also try to make a profit. We need to learn more details so we can solve every problem we might have in trading, and besides that, by learning more about trading, we can improve the skills. Trading with skills will not the same as gambling because of our analysis is from the chart in the market.
sr. member
Activity: 677
Merit: 250
June 25, 2019, 09:52:46 AM
Speculation is nearly the same like gambling, but trading is activity that the same like others business that we should be use risk management and trading plan. Beside that we should be have knowledge about technical analysis and how to predict trend of crypto market.
speculation usually does not have good management and lacks careful planning. I think traders don't have to speculate but also need careful planning so that profits can still be obtained
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
June 25, 2019, 08:57:42 AM
I agree with what you said. Trading is a risky business and we must always have good management and a plan.
First trading is not a business. You can trade at your own will but dont make it your business or your first job. This is because those traders who are actually being investment bankers have a lot of failsafes to keep their money safe and they dont venture into crypto much - being logical for them is to put their money in stocks which are much safer.

While this is also true that the public figure traders who call themselves big traders are actually frauds. They only run on their private group subscription to pump and dump their own shitcoins. Take you own pick on whether you want to trust someone else with your money or yourself. Wink
sr. member
Activity: 798
Merit: 255
June 20, 2019, 09:22:07 AM
Speculation is nearly the same like gambling, but trading is activity that the same like others business that we should be use risk management and trading plan. Beside that we should be have knowledge about technical analysis and how to predict trend of crypto market.
I agree with what you said. Trading is a risky business and we must always have good management and a plan.
member
Activity: 314
Merit: 10
“A nexgen decentralized ride hailing ”
June 20, 2019, 09:07:57 AM
Yes, they do! Speculation is a part of the cryptocurrency and trade! If you want to be a good trader then you need to learn how to analyze the market trend and the price chart! Believe it or not, sometimes speculation helps trader a lot! But a good trader has a good way to speculate the price, that's different!
If you don't want to speculate, it's better not to invest in the crypto market, because the price is very volatile, making the heart run faster. In addition, to get big profits, of course you have to invest in coins that are going up.
Speculation about crypto trading, especially bitcoin, is very challenging because it allows them to enjoy large profits, in contrast to stagnant trading investments where the profits obtained can be ascertained to be small.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
June 20, 2019, 08:58:12 AM
Speculation brings a much better return and almost all pennies are only intended to make money for investors.
If you going to pump and dump then yes. But most small-cap traders dont have that amount of cash at hand to promote a pump. I dont agree with the second part of your statement though. People make money if they take advantage of the speculation.

Quote
I think that now the market is having great stability and any investment will bring profit to investors so speculation is now a good investment and not much impact on this market. What I am most interested in is the psychology of investors because if they are not stable then this market will enter the bear market again
Bearish or bullish its not stable at all. We are seeing up and down movements everyday and the market is pretty volatile now. Compared to what happened the last year and this year start we are probably going up from here if the bulls keep pushing it up. Support level below are strong so bears wont get strong easily.
hero member
Activity: 1190
Merit: 541
June 17, 2019, 01:15:42 AM
if not speculating is not a reliable trader, because speculation is very closely related to reliable traders.
and actually speculation is also the one that produces a lot of profits in trade.
without speculation the traders will not become rich  Cheesy
Speculation is the job of every trader using TA, so i think we need to continue speculate because the market wont stop and stay on one price. Speculation can make us rich, and yeah don’t think speculation is bad you just have to do it in the right way. Its a part of the market, trader knows it and I have to start speculating now.
well, without speculation, a trader might lose direction. other than that, I think speculation has been embedded in traders because it needs to be done to predict the direction of prices to be taken. it can reduce risk. trading without speculating I think it's very bad.
The entire market itself is born of speculation, without speculation, the market of cryptocurrency will really not survive. The only role of trader is not that he should not speculate, he can, but needs to apply other strategies that will make him have a reasonable speculation.

Some trader’s do make mistake of joining long term investors in making some of these unbelievable speculation that has no meaning, and this is what a trader must not do. Before I go into speculation as a trader, I usually make sure that I study my technical analysis first and then looking deep into fundamental analysis that will assist me in making a reasonable speculation which usually work for me a lot.
hero member
Activity: 1694
Merit: 502
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June 13, 2019, 09:30:49 AM
And what traders do if they dont speculate? Like any trader is 100% sure in his trade and he never speculate, he just earn every time. Thats funny, its unbelievable that someone thinks like that about any kind of trading, especially crypto trading. And I cant believe that people create such topics without informing themselves about basics, they just come here and throw some stupidity, probably most of us is crazy cause we even comment this shit.
full member
Activity: 515
Merit: 101
June 13, 2019, 09:04:44 AM
Yes, they do! Speculation is a part of the cryptocurrency and trade! If you want to be a good trader then you need to learn how to analyze the market trend and the price chart! Believe it or not, sometimes speculation helps trader a lot! But a good trader has a good way to speculate the price, that's different!
Speculation brings a much better return and almost all pennies are only intended to make money for investors. I think that now the market is having great stability and any investment will bring profit to investors so speculation is now a good investment and not much impact on this market. What I am most interested in is the psychology of investors because if they are not stable then this market will enter the bear market again
hero member
Activity: 3052
Merit: 685
June 13, 2019, 06:27:00 AM
if not speculating is not a reliable trader, because speculation is very closely related to reliable traders.
and actually speculation is also the one that produces a lot of profits in trade.
without speculation the traders will not become rich  Cheesy
Speculation is the job of every trader using TA, so i think we need to continue speculate because the market wont stop and stay on one price. Speculation can make us rich, and yeah don’t think speculation is bad you just have to do it in the right way. Its a part of the market, trader knows it and I have to start speculating now.
well, without speculation, a trader might lose direction. other than that, I think speculation has been embedded in traders because it needs to be done to predict the direction of prices to be taken. it can reduce risk. trading without speculating I think it's very bad.
That's true, agree. Traders has to be flexible, they cannot just based on fixed strategy as there are a lot of factors involving in the market movement, and we all know that speculation is one big factor that could move the market. As a trader, you need to know what the other traders are thinking, especially most traders as they would likely cause to move the price, what's the speculation in the market now, and then you can make a strategy out of it.

It's not only pure TA or whatsoever, speculation is a big factor that needs to be consider all the time.
hero member
Activity: 2170
Merit: 503
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June 13, 2019, 12:41:49 AM
if not speculating is not a reliable trader, because speculation is very closely related to reliable traders.
and actually speculation is also the one that produces a lot of profits in trade.
without speculation the traders will not become rich  Cheesy
Speculation is the job of every trader using TA, so i think we need to continue speculate because the market wont stop and stay on one price. Speculation can make us rich, and yeah don’t think speculation is bad you just have to do it in the right way. Its a part of the market, trader knows it and I have to start speculating now.
well, without speculation, a trader might lose direction. other than that, I think speculation has been embedded in traders because it needs to be done to predict the direction of prices to be taken. it can reduce risk. trading without speculating I think it's very bad.
sr. member
Activity: 2044
Merit: 314
Vave.com - Crypto Casino
June 12, 2019, 06:50:25 PM
if not speculating is not a reliable trader, because speculation is very closely related to reliable traders.
and actually speculation is also the one that produces a lot of profits in trade.
without speculation the traders will not become rich  Cheesy
Speculation is the job of every trader using TA, so i think we need to continue speculate because the market wont stop and stay on one price. Speculation can make us rich, and yeah don’t think speculation is bad you just have to do it in the right way. Its a part of the market, trader knows it and I have to start speculating now.
member
Activity: 473
Merit: 11
June 12, 2019, 06:17:16 PM
Speculation is nearly the same like gambling, but trading is activity that the same like others business that we should be use risk management and trading plan. Beside that we should be have knowledge about technical analysis and how to predict trend of crypto market.

Actually almost the same even though indeed some people refuse to call it like gambling. Is this only due to analysis ? I think it's not ethic to say just by that
Speculating also sometimes works since analysis can't be 100% accurate.
hero member
Activity: 3052
Merit: 606
June 12, 2019, 05:00:53 PM
Yes, they do! Speculation is a part of the cryptocurrency and trade! If you want to be a good trader then you need to learn how to analyze the market trend and the price chart! Believe it or not, sometimes speculation helps trader a lot! But a good trader has a good way to speculate the price, that's different!
As a trader,there are a lot of speculations around but if you are really a good trader,speculations are not enough because you really have to make your own reseach and focus more on the market to come up with a good analysis.While speculations will not be avoided,i still prefer to make good analysis on the price charts first basically on my own.
full member
Activity: 627
Merit: 103
June 12, 2019, 03:12:23 PM
Yes, they do! Speculation is a part of the cryptocurrency and trade! If you want to be a good trader then you need to learn how to analyze the market trend and the price chart! Believe it or not, sometimes speculation helps trader a lot! But a good trader has a good way to speculate the price, that's different!
member
Activity: 591
Merit: 10
June 12, 2019, 02:29:24 PM
we still have to take into account the fact that any trade, even speculative in some way, can positively influence the development of a project.  But these opportunities should benefit the developers of those projects in question.  I mean the work on a real product, so that not only the coin was visually interesting and attractive, but the project itself was interesting for the society.
hero member
Activity: 2548
Merit: 572
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June 12, 2019, 10:40:34 AM
Sometimes, speculate is the only way to execute but only if it's emergency case.
In crypto, everything is totally unpredictable so analyzing the market is must because it's easier to obtain the profit if you can look the trend.
Yes, it isn't easy , Learning by doing is only the way !

Yes, I certainly agree with you that sometimes speculation is part of the complex trading processes here in cryptocurrency. The volatility of the prices of the coins, sometimes you can't do anything but to speculate. Technical analysis may fail espcially with the bearish trends.
the specifications are the same as gambling and I'm sure that won't last long, because we will experience defeat if done continuously. this usually happens when traders are afraid to take cutloss steps
Cutloss steps is something that traders must take if anything that he do is on his limit. That is what my friend always told me, even with speculation if it still can or have chance for us to survive when stuck or lose in trading, we must take it first before cutloss.
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