Trading is unpredictable job. - page 77.

batang_bitcoin

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Quote from: ModGirl on June 06, 2017, 04:14:43 PM

Quote from: batang_bitcoin on June 06, 2017, 12:04:01 AM

Quote from: ?? on ??

If you have the appropriate insider knowledge or enough money to influence the market, then it will become predictable.

But for us small traders it will be in most cases unpredictable.

Do you mean the whales? Yes they are the ones who are predicting the market and we small time traders will usually just follow them whatever will be the movement of bitcoins price. And it's really uncertain to say when will the price of bitcoin to become stable. So we just need to go along with them just like a water.

I think now the marketcap of bitcoin is very high and now not a group of people are the whales of bitcoin because bitcoin is spread everywhere and now it is impossible for them to modify the rate of bitcoin but we collectively can move the price of bitcoin.

It is very high but we can't remove that there are whales who are still manipulating the market of bitcoin. Although they really don't have full control on it but they can affect the price of bitcoin. For small time traders they just need to go with the flow and it's up to them on how long they will ride these fluctuations.

Viviyang

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I don't know much about trading, and I also don't stick my nose in something I don't know much. I use to do a lot of research about the thing I want to invest in.
In trading i haven't got ever any profit, I believe it's due to the reason that I don't know much about candlesticks and always buy at a high price and when u buy at high price, the price starts dropping.

ModGirl

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Quote from: batang_bitcoin on June 06, 2017, 12:04:01 AM

Quote from: ?? on ??

If you have the appropriate insider knowledge or enough money to influence the market, then it will become predictable.

But for us small traders it will be in most cases unpredictable.

Do you mean the whales? Yes they are the ones who are predicting the market and we small time traders will usually just follow them whatever will be the movement of bitcoins price. And it's really uncertain to say when will the price of bitcoin to become stable. So we just need to go along with them just like a water.

I think now the marketcap of bitcoin is very high and now not a group of people are the whales of bitcoin because bitcoin is spread everywhere and now it is impossible for them to modify the rate of bitcoin but we collectively can move the price of bitcoin.

dmamigo

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I think and believe it is somewhat predictable and somewhat unpredictable. Predictable because you can follow market factors and economic movements which will help a trader to assume or somewhat predict to some extent, what might happen. Even technical analysis makes it somewhat predictable, if its done correctly
Now at some point it becomes totally unpredictable and becomes kind of gambling, but only if you trade totally blindly.
Moreover it not good to listen advises from others, better you make your own choices.

ocid

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Yes it is true, trading is an unpredictable job because in trading we do not know what we trade can be enthused by everyone or not, If indeed what is traded we are in demand of many people then we will gain profit but otherwise we will lose.
That's where I think trading is unpredictable.

Baofeng

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Quote from: batang_bitcoin on June 06, 2017, 12:04:01 AM

Quote from: ?? on ??

If you have the appropriate insider knowledge or enough money to influence the market, then it will become predictable.

But for us small traders it will be in most cases unpredictable.

Do you mean the whales? Yes they are the ones who are predicting the market and we small time traders will usually just follow them whatever will be the movement of bitcoins price. And it's really uncertain to say when will the price of bitcoin to become stable. So we just need to go along with them just like a water.

Whales just buy huge amount of bitcoin. But I don't think they are the ones who are predicting and dictating the market price. Right now, bitcoin price is very strong, its means a lot of investors: whales, sharks or even casual investors like us is buying. So now, its very very hard to manipulate its price because the crowd is going bigger as well. Well maybe before, when the Chinese are dominating the market. But not now.

goinmerry

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Quote from: batang_bitcoin on June 06, 2017, 12:04:01 AM

Do you mean the whales? Yes they are the ones who are predicting the market and we small time traders will usually just follow them whatever will be the movement of bitcoins price. And it's really uncertain to say when will the price of bitcoin to become stable. So we just need to go along with them just like a water.

I meant to disagree if it will be applied to bitcoin trading. Today's bitcoin price activity are not anymore being controlled by large whales that can dictate what will be the price trend, ups or down. At least in my own knowledge, different people now are being a large hoarders and not just whales like in the past where once they triggered price increase or decrease, surely it will happen because they can shake the market.

The power of whales are now presently seen at altcoin trading. So much control that they can bring up or down the price even in a matter of less than 24h and leaving behind those average altcoin trader especially if the coin is newly established on the exchange. Risky isn't it that's why no matter how trading is unpredictable, we can go with the flow as long as we are eager to win on the long run.

hahay

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Yeah trading is unpredictable, we do not know when the exact time to sell or buy, if we buy or sell it at the wrong time we certainly got a loss. To avoid losses in the world of commerce we must have a strategy or a good method to make a profit. So a bit difficult to trade we do not know when the price will increase and when the price will go down, but for now trading is very exciting because altcoin prices are getting better.

RealPhotoshoper

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Quote from: terrate on June 05, 2017, 06:45:06 PM

Quote from: ?? on ??

If you have the appropriate insider knowledge or enough money to influence the market, then it will become predictable.

But for us small traders it will be in most cases unpredictable.

even u got information most of the small traders dont know how to do exactly.
So just do ur own style and the analysis way u prefer.

It is still impossible to manipulate the market even for mysterius guy like satoshi.
Satoshi hold 1 million of bitcoin , could just dump the market with its power but nothing much will changed.
As the power of us , many people much more stronger to keep it decentralized.

Oralmat

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Trading is not unpredictable in any way. You have to remove your own emotions from the mix and follow the signals that work. There is only one thing that will stand between success and an investor and that is the investor. There is no way to mess this up if it is done right, especially with the vast numbers of coins out there that give you the ability to hedge and re-hedge again. The market was fickle in the beginning, but this is four years in and there are proven methods that work.

farhaan

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Quote from: densuj on August 01, 2016, 06:46:33 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?

Yes,trading done by a professional trader is entirely different from trading done by a newbie.For successful trading,you should not blindly follow the market and should not get panic.You should do your own research and find the correct coin to be invested.

DevilSlayer

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Of coure because in trading there is a high risk. We cannot predict if the value of our token or coin will goes up or go up. That is the main reason why trading is a hard job.

Golftech

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Quote from: Text on June 06, 2017, 12:26:45 AM

Number one thing to remember in order you to make profit is to be updated on the development of your coins, you should keep an eye to the cryptocurrencies you have so you can determine what you should really do on your decisions to make. It is also important that you know and you like what you are doing.

Well that point is really needed to consider in order to be more successful when you are loving what you are doing you are always finding more things to enchance the best part is when you already seeing the fruit of your success the more we seriously try to achieve the better chances to make it happen.

Dudeperfect

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Quote from: Text on June 06, 2017, 12:26:45 AM

Number one thing to remember in order you to make profit is to be updated on the development of your coins, you should keep an eye to the cryptocurrencies you have so you can determine what you should really do on your decisions to make. It is also important that you know and you like what you are doing.

Constant monitoring of the market movement is a necessity in trading as it directly affects the profit or loss on the capital. Sometimes traders invest their bitcoins in some altcoin which is stable and they feel satisfied up to some extent when they see the price is not decreased of that altcoin but at the same time, they miss the chance of profits in bitcoin's price appreciation. Thus even without actually losing in the game, they miss the opportunity of earning profits thus it is necessary to monitor and analyse the market movements.

Viyamore

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Quote from: Text on June 06, 2017, 12:26:45 AM

Number one thing to remember in order you to make profit is to be updated on the development of your coins, you should keep an eye to the cryptocurrencies you have so you can determine what you should really do on your decisions to make. It is also important that you know and you like what you are doing.

Yes ,thats right having enough informations and keeping updated on coins that you've investment will make your trade not miserable .Other trader only just based on the FUD or news even without knowing if it is true or not so they will be in panic based on the news .If you are the one who reads and know that a coin is an active and the projects are good in the long term you can predict a big chance to let you earn.

Text

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Number one thing to remember in order you to make profit is to be updated on the development of your coins, you should keep an eye to the cryptocurrencies you have so you can determine what you should really do on your decisions to make. It is also important that you know and you like what you are doing.

batang_bitcoin

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Quote from: ?? on ??

If you have the appropriate insider knowledge or enough money to influence the market, then it will become predictable.

But for us small traders it will be in most cases unpredictable.

Do you mean the whales? Yes they are the ones who are predicting the market and we small time traders will usually just follow them whatever will be the movement of bitcoins price. And it's really uncertain to say when will the price of bitcoin to become stable. So we just need to go along with them just like a water.

dillpicklechips

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Quote from: Finestream on June 05, 2017, 11:25:29 PM

Quote from: BCTBF on June 05, 2017, 08:04:12 PM

Trading is like gambling because trading is an unpredictable job and we do not know what will happen in the next few hours or days. Experience and knowledge about trade is a must-have capital for you to start trading.

Everything as long as you put money to make money is considered gambling, what's good with trading is because it will give you a good information that you can use as basis on your analysis. Think always that you need to educate yourself to make a better decision, it's volatile out here and assets are moving up and down so lack of knowledge will make you panic and you cannot control your emotion.

Panic is a flaw of a trader due to the lack of prior knowledge and information to help them analyze the movement of the price of a particular coin. Educating yourself is what you need really that is by listening to the updates, news, recent developments that will affect the price flow. Also there are some advice from experienced traders so you better keep in mind what they say.

You should be rational rather than let your emotion go out of control because if you know what you are doing then there's no reason for you to be driven by emotions such as uneasiness. With just a light dump in the price you tend to lose the opportunity to profit from it. That's a really common mistake really. Trade with coins that you are familiar about and confident.

kidoseagle0312

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Quote from: densuj on August 01, 2016, 06:46:33 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?

Trading was very unpredictable thing, I know all traders knows this thing. And the number one thing important that I saw in it is controling our emotions must be apply mos of the time, because once you fail to manage it so well it will surely you will ennd up into nothing or in the end losess of money.

Finestream

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Quote from: BCTBF on June 05, 2017, 08:04:12 PM

Trading is like gambling because trading is an unpredictable job and we do not know what will happen in the next few hours or days. Experience and knowledge about trade is a must-have capital for you to start trading.

Everything as long as you put money to make money is considered gambling, what's good with trading is because it will give you a good information that you can use as basis on your analysis. Think always that you need to educate yourself to make a better decision, it's volatile out here and assets are moving up and down so lack of knowledge will make you panic and you cannot control your emotion.

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