Trader don't speculate? - page 6. | Bitcointalksearch.org

Japinat

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Quote from: --DarkSecrets-- on May 01, 2019, 01:13:03 PM

Quote from: maxreish on May 01, 2019, 09:38:44 AM

They said there are two types of people in crypto society.
One is a speculator and the other one is a true believer of crypto. But for me, speculation is either a false news or serves as our guide on which way should we take in or which prediction should we believe. But we should remember that we don't have to rely on the speculations only. We have to set our real purpose and trust our own analysis.

Yes, everyone is speculating from now 80-90% of crypto enthusiasts that is waiting for this and who saw this pump of bitcoin would speculate. Other are also speculating in some of the alternative coins in the market. It is a part of trading a thing in mind that a person thinks ahead of what might happen in price.

If we don't speculate, we will not become a successful trader.
Price movement is what we are looking as we are predicting whether it will go up or down, or touch a certain amount, and we cannot only
based on the price trends as this market can move with hypes and FUD, that's why news is also relevant and a big factor to consider.

Yamifoud

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Quote from: pey on May 01, 2019, 11:03:13 AM

Seems like a more interesting game than cryptokitties and in that genre, but buying a horce without even being able to play the game is not different than buying ico coins...

In that case, I'd better not be in crypto trading. It is just a suicidal action we've made and nowhere to go.
As a trader not just do speculations but also doing TA to know what the possible market trend in the coming days. But considering how volatile the market is, we aren't in a hundred percent accurate for our TA's.

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Quote from: rizkyhiw on May 01, 2019, 01:49:29 PM

Quote from: jrrsparkles on May 01, 2019, 11:13:36 AM

Quote from: maxreish on May 01, 2019, 09:38:44 AM

They said there are two types of people in crypto society.
One is a speculator and the other one is a true believer of crypto. But for me, speculation is either a false news or serves as our guide on which way should we take in or which prediction should we believe. But we should remember that we don't have to rely on the speculations only. We have to set our real purpose and trust our own analysis.

Traders have to react to the speculations because wich is the reaction of common investors emotion so a smart investor need to use ti to make profits.

Most of the traders just fall for the speculation without analysing it which makes them to be in loss rather than profits.

Perhaps the simplest way is to find a decline, namely by buying at a fairly cheap price or red market and selling green which is the most widely used trick to simplify analysis because everyone is not too smart in analyzing only partially, indeed speculating is not recommended for anyone at least trying to read market conditions to increase knowledge.

When someone is not good at the analysing the market then being a long term trader is better thing rathe than trying day trading where we are not good at it,but when we want to make more profits we have to try the things from our comfort zone for that we cn practice the simulators or very less capital to day trade and try to learn as much as you can then make yourself as a pro level trader.

rizkyhiw

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Quote from: jrrsparkles on May 01, 2019, 11:13:36 AM

Quote from: maxreish on May 01, 2019, 09:38:44 AM

They said there are two types of people in crypto society.
One is a speculator and the other one is a true believer of crypto. But for me, speculation is either a false news or serves as our guide on which way should we take in or which prediction should we believe. But we should remember that we don't have to rely on the speculations only. We have to set our real purpose and trust our own analysis.

Traders have to react to the speculations because wich is the reaction of common investors emotion so a smart investor need to use ti to make profits.

Most of the traders just fall for the speculation without analysing it which makes them to be in loss rather than profits.

Perhaps the simplest way is to find a decline, namely by buying at a fairly cheap price or red market and selling green which is the most widely used trick to simplify analysis because everyone is not too smart in analyzing only partially, indeed speculating is not recommended for anyone at least trying to read market conditions to increase knowledge.

--DarkSecrets--

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Quote from: maxreish on May 01, 2019, 09:38:44 AM

They said there are two types of people in crypto society.
One is a speculator and the other one is a true believer of crypto. But for me, speculation is either a false news or serves as our guide on which way should we take in or which prediction should we believe. But we should remember that we don't have to rely on the speculations only. We have to set our real purpose and trust our own analysis.

Yes, everyone is speculating from now 80-90% of crypto enthusiasts that is waiting for this and who saw this pump of bitcoin would speculate. Other are also speculating in some of the alternative coins in the market. It is a part of trading a thing in mind that a person thinks ahead of what might happen in price.

jrrsparkles

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Quote from: maxreish on May 01, 2019, 09:38:44 AM

They said there are two types of people in crypto society.
One is a speculator and the other one is a true believer of crypto. But for me, speculation is either a false news or serves as our guide on which way should we take in or which prediction should we believe. But we should remember that we don't have to rely on the speculations only. We have to set our real purpose and trust our own analysis.

Traders have to react to the speculations because wich is the reaction of common investors emotion so a smart investor need to use ti to make profits.

Most of the traders just fall for the speculation without analysing it which makes them to be in loss rather than profits.

pey

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Seems like a more interesting game than cryptokitties and in that genre, but buying a horce without even being able to play the game is not different than buying ico coins...

maxreish

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They said there are two types of people in crypto society.
One is a speculator and the other one is a true believer of crypto. But for me, speculation is either a false news or serves as our guide on which way should we take in or which prediction should we believe. But we should remember that we don't have to rely on the speculations only. We have to set our real purpose and trust our own analysis.

BitcoinTurk

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Speculation is not something very different from the fact. For that reason, I think that the speculation made by unsuccessful investors is speculating and gaining an environment of fear in the market. A successful trader already knows how to take the step, so he does not use such methods and earns revenue based on his own decisions. Of course, speculation in this market has now become an ordinary event in our daily lives, but as I said in the first sentence, I see these methods as a robbery usually made by simple people.

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Quote from: futile-resistance on February 20, 2019, 08:34:56 AM

Quote from: Oceat on February 16, 2019, 11:08:20 AM

Who said experts don't speculate?

There is no definite answer when they were trading because they can't control the people who are trading the market.
Speculating doesn't give an exact answer but trading is like gambling, you have to guess the nearest possible outcome of your trading plan because if not then you will totally gonna lose all of your money.

But, again there are so many kinds of them. They might even trade in the market with down prices. Speculating no doubt makes it more interesting and the risk in the investment is something that pays off only when there is a rise. A fall may take you down. So they do speculate and trade in the same time. But, what matters the most is your investment plan which should be very rational and made keeping every aspect in mind.

A trader speculates the price of a coins and if he thinks it will go up, he will buy that coin. So trading is actually speculation of the price. If you use bitmex, then it is pure speculation where you are able to make good money if you can correctly speculate the upward or downward direction of the coins.

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Quote from: Noa_Amable on February 22, 2019, 08:03:08 AM

Quote from: yvesp110 on February 20, 2019, 01:13:23 PM

Quote from: karungbitcoin on February 15, 2019, 03:36:02 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.

In speculation, we make use of the exchange rate fluctuation. The exchange rate goes up and you sell. This is called exchange rate arbitrage. But this is risky because the exchange rate could go down as well despite going up so speculation is rather adored by those who are the risk takers. A speculator could be trader but a trader could not always be speculator.

100% correct.
trader could be a hodler but a speculator is always a trader (or a gambler)

Well, from the word speculate itself dudes. It's like making a decision based on rumors around the market. Though sometimes, speculating goes hand in hand with trading since what you hear in the news and reports could highly influence your decisions, hence you're speculating about what the outcome would be based on the reports.

Noa_Amable

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Quote from: yvesp110 on February 20, 2019, 01:13:23 PM

Quote from: karungbitcoin on February 15, 2019, 03:36:02 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.

In speculation, we make use of the exchange rate fluctuation. The exchange rate goes up and you sell. This is called exchange rate arbitrage. But this is risky because the exchange rate could go down as well despite going up so speculation is rather adored by those who are the risk takers. A speculator could be trader but a trader could not always be speculator.

100% correct.
trader could be a hodler but a speculator is always a trader (or a gambler)

ongkok87

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Quote from: Ararbermas on February 16, 2019, 10:26:02 AM

Expert doesn't speculate but for me when it comes beginners probably yes. which is speculation about the direction of growth rate or what will happen in the future, for example " if they trade such this kind of situation" which there's no way they will not make a speculation for their safety.

I agree with you for now that speculation does not have to be used for the safety of all of us because the important thing is that we can benefit

BlueStackz

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When you speculate, you are not show of what would be the next outcome, this is very bad for a trader to do because you will be trading on luck and loss a lots of money. Some traders take money from people to trade, if they speculate then they will lose a lot of money.

I believe we as traders don't speculate but calculate, we watch the market trend and where it's going then take advantage of it. When we will be more accurate with our calculations and analysis then the chances of making big profits will be much higher. So, traders should not just focus on speculations alone but must focus on all types of analysis too.

yvesp110

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Quote from: karungbitcoin on February 15, 2019, 03:36:02 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.

In speculation, we make use of the exchange rate fluctuation. The exchange rate goes up and you sell. This is called exchange rate arbitrage. But this is risky because the exchange rate could go down as well despite going up so speculation is rather adored by those who are the risk takers. A speculator could be trader but a trader could not always be speculator.

futile-resistance

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Quote from: Oceat on February 16, 2019, 11:08:20 AM

Who said experts don't speculate?

There is no definite answer when they were trading because they can't control the people who are trading the market.
Speculating doesn't give an exact answer but trading is like gambling, you have to guess the nearest possible outcome of your trading plan because if not then you will totally gonna lose all of your money.

But, again there are so many kinds of them. They might even trade in the market with down prices. Speculating no doubt makes it more interesting and the risk in the investment is something that pays off only when there is a rise. A fall may take you down. So they do speculate and trade in the same time. But, what matters the most is your investment plan which should be very rational and made keeping every aspect in mind.

Noa_Amable

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Quote from: karungbitcoin on February 15, 2019, 03:36:02 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.

not exactly.
I would say Speculation is the same as Trading. If we speak about more or less professional trading.
Trading requires a knowledge basement - yes. But Speculating also requires knowledge about what do you speculate and why you can get profits.
So, I would say successfull trading is speculating.

unexpected profits or blind trading is not the same as speculation - it is gambling.

D3m1r4wanti

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speculation is indeed something that is harmful to the capital that we have sometimes too far in speculating will cause the loss of assets that we have.
but sometimes we can get unexpected benefits from the speculation.

matchi2011

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Quote from: creeps on February 20, 2019, 03:59:50 AM

Quote from: karungbitcoin on February 15, 2019, 03:36:02 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.

That's why indicators are being used in trading so they don't need to speculate. Traders predict the price through this tools or even without this as long as they know the basic. We should really have at least some background on how do technical analysis because if there is none, then probably you're not trading at all because its more on gambling.

Indicators bring hints for traders to do actions, they will be moved when seeing the pattern according to the indications that they believe
that can bring them good calls, without analyzations, everything will turned into a luck based activity same alike gambling with your
fate, better to have good knowledge with trade indicators.

creeps

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Quote from: karungbitcoin on February 15, 2019, 03:36:02 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.

That's why indicators are being used in trading so they don't need to speculate. Traders predict the price through this tools or even without this as long as they know the basic. We should really have at least some background on how do technical analysis because if there is none, then probably you're not trading at all because its more on gambling.

Topic: Trader don't speculate? - page 6. (Read 13261 times)