Trading is unpredictable job. - page 117.

IsaacBitcoiner

jr. member

Activity: 59

Merit: 10

Quote from: 8Habits on November 14, 2016, 08:00:13 AM

Quote from: Text on November 13, 2016, 10:07:29 AM

In trading, you will not only focus for one coin because you don't know when will the prices goes up and falls down. Trading is really unpredictable, you need time for that to observe or monitor. You should always be updated and aware.

in trading, it is always better to spread or diversify your trading with other alt coins. This way, when there is a big spike due to whales bumping certain coin or coins, then you are in the better place to profit well. Whereas, if you are just focus on one coin only, then it will be very boring I tell you

I believe that diversification is a good thing, but even that requires care. There are altcoins that can not be considered a good investment. Some of them have very low chances of receiving some pump, and many of them have dead chains.

richardsNY

legendary

Activity: 1232

Merit: 1091

Quote from: deisik on November 15, 2016, 06:29:12 PM

In order to successfully use diversification, you should first have a deep knowledge and understanding of the assets that you are going to diversify with. But this basically means that instead of diversification, you'd better concentrate on the assset you understand most, and then you wouldn't need diversification altogether, since you would just stay away from making a losing investment in the first place instead of trying to compensate the incurred losses through other investments.

That's why I only stick to Bitcoin as my main investment option. It saves me plenty of time and headache as I don't have to focus/worry about what my other investments will do. That's why I don't understand that people put their money into stocks, Gold, Bitcoin and altcoins at the same time. It's pure overkill. It's impossible to manage everything at the same level. Especially when you also have a day job.

Text

hero member

Activity: 2464

Merit: 594

Bitcoin Casino Est. 2013

Quote from: 8Habits on November 14, 2016, 08:00:13 AM

in trading, it is always better to spread or diversify your trading with other alt coins. This way, when there is a big spike due to whales bumping certain coin or coins, then you are in the better place to profit well. Whereas, if you are just focus on one coin only, then it will be very boring I tell you

I got you, that's what I want to say. We can really make a profit too in other coins not just in bitcoins. Just choose the promising coin and not those shit coins. It is important to have enough knowledge with regards to coins that you are choosing, it is a non-stop of monitoring updates and current trends.

deisik

legendary

Activity: 3486

Merit: 1280

English ⬄ Russian Translation Services

Quote from: Victorycoin on November 15, 2016, 05:41:18 PM

Quote from: 8Habits on November 14, 2016, 08:00:13 AM

Quote from: Text on November 13, 2016, 10:07:29 AM

In trading, you will not only focus for one coin because you don't know when will the prices goes up and falls down. Trading is really unpredictable, you need time for that to observe or monitor. You should always be updated and aware.

in trading, it is always better to spread or diversify your trading with other alt coins. This way, when there is a big spike due to whales bumping certain coin or coins, then you are in the better place to profit well. Whereas, if you are just focus on one coin only, then it will be very boring I tell you

Diversification is one concept that seasoned and successful traders never ceases to emphasis on upcoming traders. It is not just a cryptocurrency thing, but traders of any type are advised to spread their money or investments over a range of assets as a cushion or soft landing pad when the unforeseen comes unannounced as always.

As Warren Buffet once said, if you have a harem of 40 women, you never get to know any of them very well

In order to successfully use diversification, you should first have a deep knowledge and understanding of the assets that you are going to diversify with. But this basically means that instead of diversification, you'd better concentrate on the assset you understand most, and then you wouldn't need diversification altogether, since you would just stay away from making a losing investment in the first place instead of trying to compensate the incurred losses through other investments. On the other hand, chaotic and senseless diversification may outright cause massive losses on its own

Victorycoin

hero member

Activity: 1134

Merit: 517

Quote from: 8Habits on November 14, 2016, 08:00:13 AM

Quote from: Text on November 13, 2016, 10:07:29 AM

In trading, you will not only focus for one coin because you don't know when will the prices goes up and falls down. Trading is really unpredictable, you need time for that to observe or monitor. You should always be updated and aware.

in trading, it is always better to spread or diversify your trading with other alt coins. This way, when there is a big spike due to whales bumping certain coin or coins, then you are in the better place to profit well. Whereas, if you are just focus on one coin only, then it will be very boring I tell you

Diversification is one concept that seasoned and successful traders never ceases to emphasis on upcoming traders. It is not just a cryptocurrency thing, but traders of any type are advised to spread their money or investments over a range of assets as a cushion or soft landing pad when the unforeseen comes unannounced as always.

goldcoinminer

hero member

Activity: 952

Merit: 500

Quote from: Caladonian on November 15, 2016, 08:40:32 AM

Quote from: Positid on November 15, 2016, 08:23:26 AM

Quote from: X-ray on November 15, 2016, 08:05:34 AM

Quote from: Text on November 13, 2016, 10:07:29 AM

In trading, you will not only focus for one coin because you don't know when will the prices goes up and falls down. Trading is really unpredictable, you need time for that to observe or monitor. You should always be updated and aware.

if you invest only on one coin then you just need only to focus on the coin you're investing,otherwise you can still take a look into another coins to see its potential but still the coin have been invested is the main priority and your only way to make profit

Definitely focus is the most important when in trading, you are right we need to focus only with few coins so it will not consume too much of our time and we will be able to analyze how the coins move and that would make the unpredictable job easy for us.

Fluctuation needs to be assess properly as we enjoy this movement from time to time the more we focus and understand how things really work out with certain coin we will able to place our entry and exit point and chase the price in the profitable ways.

Well, since you are a trader you are happy with the fluctuation as when bitcoin fluctuates you have a good chances to take advantage on it. It really needs a certain trader to be knowledgeable enough on the price behavior so he can predict the price very well.

Caladonian

hero member

Activity: 1302

Merit: 540

Quote from: Positid on November 15, 2016, 08:23:26 AM

Quote from: X-ray on November 15, 2016, 08:05:34 AM

Quote from: Text on November 13, 2016, 10:07:29 AM

In trading, you will not only focus for one coin because you don't know when will the prices goes up and falls down. Trading is really unpredictable, you need time for that to observe or monitor. You should always be updated and aware.

if you invest only on one coin then you just need only to focus on the coin you're investing,otherwise you can still take a look into another coins to see its potential but still the coin have been invested is the main priority and your only way to make profit

Definitely focus is the most important when in trading, you are right we need to focus only with few coins so it will not consume too much of our time and we will be able to analyze how the coins move and that would make the unpredictable job easy for us.

Fluctuation needs to be assess properly as we enjoy this movement from time to time the more we focus and understand how things really work out with certain coin we will able to place our entry and exit point and chase the price in the profitable ways.

1Referee

legendary

Activity: 2170

Merit: 1427

Quote from: DoublerHunter on November 14, 2016, 11:19:29 AM

Nah. Trading is not 'unpredictable job' you can still predict a move or pattern of a coin by reading some news about that crypto-currency example

At the time certain news articles are popping up, and people start to buy up coins as result of that, then you're basically on the late side. You shouldn't be waiting for news in order to open positions. You must anticipate on things when nothing has happened, and benefit from pumps as result of news. Sell when people buy due to good news, and buy when people sell due to bad news. Wink

That's what smart traders do. Rookies and inexperienced traders do it the other way around.

Positid

sr. member

Activity: 378

Merit: 250

BULL RUN until 2030

Quote from: X-ray on November 15, 2016, 08:05:34 AM

Quote from: Text on November 13, 2016, 10:07:29 AM

In trading, you will not only focus for one coin because you don't know when will the prices goes up and falls down. Trading is really unpredictable, you need time for that to observe or monitor. You should always be updated and aware.

if you invest only on one coin then you just need only to focus on the coin you're investing,otherwise you can still take a look into another coins to see its potential but still the coin have been invested is the main priority and your only way to make profit

Definitely focus is the most important when in trading, you are right we need to focus only with few coins so it will not consume too much of our time and we will be able to analyze how the coins move and that would make the unpredictable job easy for us.

X-ray

hero member

Activity: 2996

Merit: 524

Leading Crypto Sports Betting & Casino Platform

Quote from: Text on November 13, 2016, 10:07:29 AM

In trading, you will not only focus for one coin because you don't know when will the prices goes up and falls down. Trading is really unpredictable, you need time for that to observe or monitor. You should always be updated and aware.

if you invest only on one coin then you just need only to focus on the coin you're investing,otherwise you can still take a look into another coins to see its potential but still the coin have been invested is the main priority and your only way to make profit

2double0

legendary

Activity: 2618

Merit: 1105

Quote from: DoublerHunter on November 14, 2016, 11:19:29 AM

Nah. Trading is not 'unpredictable job' you can still predict a move or pattern of a coin by reading some news about that crypto-currency example, Bitcoin will be accepted as a secondary currency in US (Example only) then you can conclude that bitcoin price will be high because of the incoming demand of the US people, So the move that you will do is to buy or save more bitcoins and wait for that event to launch and you can earn good profits Grin

. That is only my opinion Roll Eyes

.

Every time, a news that is shown is not what it is behind the scenes, so it won't affect the coin in a positive but rather in a negative way.
Trading is an unpredictable job because mostly, markets tend to go against you and you are helpless, what can you do instead of closing your bet for loss or waiting and seeing swaps being carried over your balance in negatives?

DoublerHunter

hero member

Activity: 2590

Merit: 644

Nah. Trading is not 'unpredictable job' you can still predict a move or pattern of a coin by reading some news about that crypto-currency example, Bitcoin will be accepted as a secondary currency in US (Example only) then you can conclude that bitcoin price will be high because of the incoming demand of the US people, So the move that you will do is to buy or save more bitcoins and wait for that event to launch and you can earn good profits Grin

. That is only my opinion Roll Eyes

.

cryptothinker

member

Activity: 65

Merit: 10

Quote from: 8Habits on November 14, 2016, 08:00:13 AM

Quote from: Text on November 13, 2016, 10:07:29 AM

In trading, you will not only focus for one coin because you don't know when will the prices goes up and falls down. Trading is really unpredictable, you need time for that to observe or monitor. You should always be updated and aware.

in trading, it is always better to spread or diversify your trading with other alt coins. This way, when there is a big spike due to whales bumping certain coin or coins, then you are in the better place to profit well. Whereas, if you are just focus on one coin only, then it will be very boring I tell you

Diversification can help in risk management, but only if you choose the right currencies do invest... and what makes it a difficult task is the fact that most coins out there are scams, many of these coins controled by two or three people.

winspiral

legendary

Activity: 1778

Merit: 1026

Free WSPU2 Token or real dollars

And it is good so...

What would you predict?
Sell:
http://u2cloudmining.winspiral.net/comsell.php

or
rebuy:
http://u2cloudmining.winspiral.net/comrebuy.php

Why not give a try for free before making an trading job with?

HaXX0R1337

sr. member

Activity: 574

Merit: 252

That really depends, however you can predict " a little bit" when you are experienced trader, and you feel comfortable with having such a job.
It is all about gains, but good, successful trader can get his "goal" every month, and he is never greedy- so if someone is well educated in trading, you can really live off from the trader's salary.

8Habits

sr. member

Activity: 756

Merit: 294

Quote from: Text on November 13, 2016, 10:07:29 AM

In trading, you will not only focus for one coin because you don't know when will the prices goes up and falls down. Trading is really unpredictable, you need time for that to observe or monitor. You should always be updated and aware.

in trading, it is always better to spread or diversify your trading with other alt coins. This way, when there is a big spike due to whales bumping certain coin or coins, then you are in the better place to profit well. Whereas, if you are just focus on one coin only, then it will be very boring I tell you

Text

hero member

Activity: 2464

Merit: 594

Bitcoin Casino Est. 2013

In trading, you will not only focus for one coin because you don't know when will the prices goes up and falls down. Trading is really unpredictable, you need time for that to observe or monitor. You should always be updated and aware.

(altair)

sr. member

Activity: 308

Merit: 250

It is very unpredictable because you don't know when you can sell the thing that you are trading. No one can say when you can sell it for a higher price. Also it is not always the good time in trading there is always bad times too.

StarofBTC

hero member

Activity: 1148

Merit: 528

Quote from: Positid on November 13, 2016, 12:18:26 AM

Quote from: gtraah on November 12, 2016, 07:52:38 PM

Quote from: MMA on November 12, 2016, 12:53:24 PM

Quote from: Bavaria on November 10, 2016, 09:34:34 AM

In trading the results will be not same such as yesterday and possible too for that day you will experience to loss because you had wrong predict for the prices movement however even these jobs full of risk but some people very enjoy for trading and they more likely to choose trading than other jobs

there is no doubt abuot this that every kind of trading is risky, and some time your prediction can prove as false and you can face a big lost, but i think there are so many experience people who are really giving too much good prediction about trading and mostly their prediction proves as right and so they get so much benefit from it.

People who have spent enough time behind trading can predict the price movement very easily and there are many experts that will give you tips as when to buy and sell your coins and they will charge some fees from you for giving you tips and I think its worth to pay as it can give good profits at regular intervals.

That's because they are serious with what they are doing, and by putting a decent amount of money you have to be serious otherwise you will lose what you have not expected, others think it's easy, yes for them but for us it's a different story.

Just to copy others performance, we must put same amount of dedication and capital amount in trading. Without giving required things and doing our responsibilities, we cannot expect better performance out of trading.
In simple words, we must gain experience in trading so that we can be professional traders. Anything will not be possible in simple overnight.

Positid

sr. member

Activity: 378

Merit: 250

BULL RUN until 2030

Quote from: gtraah on November 12, 2016, 07:52:38 PM

Quote from: MMA on November 12, 2016, 12:53:24 PM

Quote from: Bavaria on November 10, 2016, 09:34:34 AM

In trading the results will be not same such as yesterday and possible too for that day you will experience to loss because you had wrong predict for the prices movement however even these jobs full of risk but some people very enjoy for trading and they more likely to choose trading than other jobs

there is no doubt abuot this that every kind of trading is risky, and some time your prediction can prove as false and you can face a big lost, but i think there are so many experience people who are really giving too much good prediction about trading and mostly their prediction proves as right and so they get so much benefit from it.

People who have spent enough time behind trading can predict the price movement very easily and there are many experts that will give you tips as when to buy and sell your coins and they will charge some fees from you for giving you tips and I think its worth to pay as it can give good profits at regular intervals.

That's because they are serious with what they are doing, and by putting a decent amount of money you have to be serious otherwise you will lose what you have not expected, others think it's easy, yes for them but for us it's a different story.

Topic: Trading is unpredictable job. - page 117. (Read 235951 times)