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Topic: Trading is unpredictable job. - page 141. (Read 236065 times)

member
Activity: 70
Merit: 10
September 23, 2016, 01:56:45 PM
In my opinion, trading is not an very easy way to earn money, like what some people think. There are many good traders who lost a lot of money in trading, even those with lots of experience.
hero member
Activity: 1148
Merit: 504
September 23, 2016, 11:53:14 AM
Trading is a very unpredictable job. One day you can make alot of profit and the other day you can lose it all plus more.
You have to be good at analyzing so you know the risks and which trade is worth it. If you are not good at that you will be bankrupt quickly.

Of course it is unpredictable because the price of cryptocurrency is not just based on the market but also on the sentiments or psychology of the users. Even if the graph says something, it can still go the other way. All we can do is speculate and hope our speculations are right.
hero member
Activity: 812
Merit: 500
September 23, 2016, 05:47:42 AM
It is unpredictable but you still can make it safe work. If you bought altcoin and it's price crahsed down, of course you don't sell them for small price, you wait for it's price to be larger again

And also wait for a long time, because if someone miss one chance than the again chance sometime never come back, and sometime too much time required, and than litter bit chances to get profit. For me, trading is unpredictable and also it is risky job.
legendary
Activity: 1106
Merit: 1000
September 23, 2016, 01:57:37 AM
There are many people who lost their money on trading, because trading is unpredictable job, in my opinion i need:
Method ( i must have system trading)
Money ( i must have management of money and risk)
Mind ( i must can control my emotion)
Tell me your opinions?

yeah , trading is an unpredictable job but here i will say it is a open minded job . because you will never get loss in btc . while for some timw the price goes down and up may be the reason of loss in your local currency but overall not the decay of your btc . so in this case keep waiting to increase price . as it is a job of patience .
Yes no one can know when bitcoin down and up ang trading is like a gambling you can win or lose. But more on winning so i agree that waiting and patience is very important once you enter in trading.
You are gambling if you are not prepared when you go trading, that is not an easy job but will the right research you can get the right information that you can use in trading and that would give you more chance to earn money as it will also improve your skills. Never get tired on feeding enough information that you can use to succeed then you are not gambling after all.
sr. member
Activity: 336
Merit: 250
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September 23, 2016, 01:56:48 AM
It is unpredictable but you still can make it safe work. If you bought altcoin and it's price crahsed down, of course you don't sell them for small price, you wait for it's price to be larger again
hero member
Activity: 630
Merit: 500
September 23, 2016, 01:05:30 AM
There are many people who lost their money on trading, because trading is unpredictable job, in my opinion i need:
Method ( i must have system trading)
Money ( i must have management of money and risk)
Mind ( i must can control my emotion)
Tell me your opinions?

yeah , trading is an unpredictable job but here i will say it is a open minded job . because you will never get loss in btc . while for some timw the price goes down and up may be the reason of loss in your local currency but overall not the decay of your btc . so in this case keep waiting to increase price . as it is a job of patience .
Yes no one can know when bitcoin down and up ang trading is like a gambling you can win or lose. But more on winning so i agree that waiting and patience is very important once you enter in trading.
legendary
Activity: 2688
Merit: 1065
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September 22, 2016, 10:07:22 PM
yeah , trading is an unpredictable job but here i will say it is a open minded job . because you will never get loss in btc . while for some timw the price goes down and up may be the reason of loss in your local currency but overall not the decay of your btc . so in this case keep waiting to increase price . as it is a job of patience .

It's not that you will never get loss, it's not what trading can do. Since it's unpredictable everything can happen.

The most time loss is more present is when a person try to deals with the on going price rally. Thinking price will reach more up most of the traders trying to risk some money. Sometimes the waves doesn't come to them but there is a so called minimizing the loss so still it's a loss. Just a minimal one and not that big.
hero member
Activity: 966
Merit: 515
One of the world's leading Bitcoin-powered casinos
September 22, 2016, 09:56:43 PM
There are many people who lost their money on trading, because trading is unpredictable job, in my opinion i need:
Method ( i must have system trading)
Money ( i must have management of money and risk)
Mind ( i must can control my emotion)
Tell me your opinions?

yeah , trading is an unpredictable job but here i will say it is a open minded job . because you will never get loss in btc . while for some timw the price goes down and up may be the reason of loss in your local currency but overall not the decay of your btc . so in this case keep waiting to increase price . as it is a job of patience .
full member
Activity: 336
Merit: 100
September 22, 2016, 09:18:48 PM
There are many people who lost their money on trading, because trading is unpredictable job, in my opinion i need:
Method ( i must have system trading)
Money ( i must have management of money and risk)
Mind ( i must can control my emotion)
Tell me your opinions?

you should have management of money and control on emotions . because sometimes trading became a work of patience insteaded of trading because some time instant rate goes down and we find that the btc that we hold can't be sell for huge loss .
sr. member
Activity: 378
Merit: 250
September 22, 2016, 09:03:31 PM
Trading while uneducated is yes, very unpredictable. You have to invest your time into researching a coin's roadmap and it's dev history. Only then, when you gain an understanding of the inner workings, will coins be more predictable to invest in.
hero member
Activity: 742
Merit: 500
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September 22, 2016, 06:23:18 PM
You can say it is unpredictable but you can feel when price will fall down or will rise, though it is hard to do that
yes it is really umpredictable but still there are such an expert people can still predict in trading, so i think the actual power is that of experience, if you have  a good experience about some thing you can show good prediction about that.
Its need some experience and expert mind and some good amount of money because some time you have to store your stock for rise of price which can give you good profit without good amount you can lost all very quickly

I agree with you but if a person has experience and expert mind then he will not need a good amount of money he will be able to take the start even from a smaller amount and can get a higher profit which is possible in trade.
hero member
Activity: 756
Merit: 504
September 22, 2016, 03:53:15 PM
You can say it is unpredictable but you can feel when price will fall down or will rise, though it is hard to do that
yes it is really umpredictable but still there are such an expert people can still predict in trading, so i think the actual power is that of experience, if you have  a good experience about some thing you can show good prediction about that.
Its need some experience and expert mind and some good amount of money because some time you have to store your stock for rise of price which can give you good profit without good amount you can lost all very quickly
full member
Activity: 154
Merit: 100
September 22, 2016, 03:49:33 PM
You can say it is unpredictable but you can feel when price will fall down or will rise, though it is hard to do that
yes it is really umpredictable but still there are such an expert people can still predict in trading, so i think the actual power is that of experience, if you have  a good experience about some thing you can show good prediction about that.
hero member
Activity: 1050
Merit: 521
September 22, 2016, 02:36:52 PM
Trading is a very unpredictable job. One day you can make alot of profit and the other day you can lose it all plus more.
You have to be good at analyzing so you know the risks and which trade is worth it. If you are not good at that you will be bankrupt quickly.

If someone will do trade blindly without knowing anything about trade and about the asset in where the trader want to trade then he will face a situation like that, one day high profit the other day high lose, But if someone will have good knowledge and will try to concentrate on the trade and asset then he will always get the profit.
sr. member
Activity: 668
Merit: 257
Nextgen Financial Ecosystem
September 22, 2016, 08:25:47 AM
Well, this is like entering into any profession without any knowledge and saying that it is unpredictable. Like - you start building a house without any design project or basic knowledge and you never know when it falls down in pieces. Of course you need some basic knowledge and you need to stay informed about the current market affairs. But this is normal for any profession you choose. I do not see any reason for concern here.
legendary
Activity: 3752
Merit: 1170
www.Crypto.Games: Multiple coins, multiple games
September 22, 2016, 05:22:01 AM
Trading is a very unpredictable job. One day you can make alot of profit and the other day you can lose it all plus more.
You have to be good at analyzing so you know the risks and which trade is worth it. If you are not good at that you will be bankrupt quickly.
Surely it is, but what matters is that we will be able to bag a profit in the long run, this is not gambling that in the long run we will lose because in the long run we will be able to master the art of trading and that is the big difference although they are both unpredictable.
Yes, with the trading you can develop your skill in long run which is highly impossible with gambling. But unlike gambling, trading is not completely unpredictable, your prediction is the key for your success. If you predict  so accurately you will get more profits, still you will get chances to make profits even with 50% accurate predictions.
legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
September 22, 2016, 05:12:16 AM
Trading is a very unpredictable job. One day you can make alot of profit and the other day you can lose it all plus more.
You have to be good at analyzing so you know the risks and which trade is worth it. If you are not good at that you will be bankrupt quickly.
Surely it is, but what matters is that we will be able to bag a profit in the long run, this is not gambling that in the long run we will lose because in the long run we will be able to master the art of trading and that is the big difference although they are both unpredictable.

In beginning we cnt really master trading directly since  theres  lot of things must to learn first and also experience would be  a big factor and you are right  as we trade  in the long run we could able to master it  on how we gonna adjust our  trading  pattern. Its  really unpredictable but  we could lessen the risk by trading smartly.
hero member
Activity: 952
Merit: 500
September 22, 2016, 03:26:36 AM
Trading is a very unpredictable job. One day you can make alot of profit and the other day you can lose it all plus more.
You have to be good at analyzing so you know the risks and which trade is worth it. If you are not good at that you will be bankrupt quickly.
Surely it is, but what matters is that we will be able to bag a profit in the long run, this is not gambling that in the long run we will lose because in the long run we will be able to master the art of trading and that is the big difference although they are both unpredictable.
sr. member
Activity: 420
Merit: 250
September 22, 2016, 02:50:52 AM
Trading is a very unpredictable job. One day you can make alot of profit and the other day you can lose it all plus more.
You have to be good at analyzing so you know the risks and which trade is worth it. If you are not good at that you will be bankrupt quickly.
legendary
Activity: 3318
Merit: 1185
Playbet.io - Crypto Casino and Sportsbook
September 22, 2016, 01:23:44 AM
You can say it is unpredictable but you can feel when price will fall down or will rise, though it is hard to do that

If you have many years of experience in Bitcoin trading, then yes, some times it can be obvious that the price is due for a correction. That however isn't really the case with the price going up unless we are sitting at very low price levels. That's not the case right now. At this point there is no clear direction of where the price will be heading towards. That's why the market is waiting for a move.
In trading it is already given that it is unpredictable job therefore you only need to limit your trading, focus only on a number of coins that you think you have the best knowledge on the trend, and if you will do that I would tell you that you have a great chance to succeed.
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