Why speculate when you can be at peace with Bitcoin - page 3.

Lanatsa

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Quote from: Russlenat on October 27, 2022, 04:32:00 PM

Quote from: Yatsan on October 16, 2022, 09:27:32 AM

Speculation is a part of the process interms of investment. The idea of assuming that its market value would increase in the future is already speculating. Maybe OP means not speculating that much or not putting that much of attention checking its market value.

That's just okay as long as it's your vison as an investor but we cannot put a margin to those who are using a different method; short term investment. We do all have different perspectives but for sure we are all having one goal; to gain profit from doing so.

I understand that we can never be sure of everything, the reason why sometimes we end up with speculations. But for me, that’s still fine as long as we also make a thorough and educative research on that so that we’ll also rely on facts and not purely on speculations. Regardless if we have long term or short term investments, that’s our choice as long as we always go for good and established coins for investments.

The most important thing is that you do made out decisions on your own without being influenced by other people when it comes into your investment decisions.We do have our own inputs and insights towards

things and it wont really be that good looking if you do rely yourself on what others been saying.Of course we do really love to see alternatives on making profits and this is the main reason on why there are

people who do really tend to spread out their investment on altcoins rather than putting their focus solely on Bitcoin.Yes, we could really be that confident with BTC
but it would be normal for people on seeking up for another income alternative or could really give out some chance.

Russlenat

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Quote from: Yatsan on October 16, 2022, 09:27:32 AM

Speculation is a part of the process interms of investment. The idea of assuming that its market value would increase in the future is already speculating. Maybe OP means not speculating that much or not putting that much of attention checking its market value.

That's just okay as long as it's your vison as an investor but we cannot put a margin to those who are using a different method; short term investment. We do all have different perspectives but for sure we are all having one goal; to gain profit from doing so.

I understand that we can never be sure of everything, the reason why sometimes we end up with speculations. But for me, that’s still fine as long as we also make a thorough and educative research on that so that we’ll also rely on facts and not purely on speculations. Regardless if we have long term or short term investments, that’s our choice as long as we always go for good and established coins for investments.

South Park

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Quote from: GeorgeJohn on October 24, 2022, 03:07:39 PM

As a trader or investor you don't have to follow negative information concerning the market, your duty is to check the market by making a research without depending on any news concerning cryptocurrency, i believe with your own search you will be able to know exactly when to make profit in the market and when not make profit.

It is very difficult to have an exact idea of when to sell and when to buy so we can make profits all the time, even the best traders only have a rough idea of what it may happen and their analysis could become worthless if there is a big event around the world which subverts their expectations, and the pandemic is a good example of this, the economy was doing relatively well before the pandemic but then the pandemic appeared out of nowhere and suddenly governments, businesses and families found themselves struggling to survive, and in many cases they still do as they are still suffering from the side effects of the pandemic.

Chato1977

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Quote from: Reid on October 24, 2022, 06:35:23 AM

But if you have the application that tells the price of Bitcoin it makes you regret buying at that "entry price". Cheesy

It's given, you cannot just purchase and look away or cover your eyes and press the buy button. There will be times you want to check it out and it's normal.
I am not avoiding speculations because for me it's also a healthy thing, like a daily food that feeds me some information, but it doesn't mean I will follow it. It could become a basis but it's all up to you in the end.

I still speculate even there are more times that my prices weren’t that close in the amount I expected I will buy or the amount that coin reached. It seems normal to me to speculate and set amount where I will try to buy. Though it’s not that profitable but if we already use in doing it,it is hard to avoid. I don’t use speculation from others but I check whether their speculation have a higher probability to happen than in mine. It’s not bad to speculate as long as we have basis in doing it and we research it.

Just buy when you feel its right mate, and your willingness to lose is also your willing ness to earn , there are so much to expect but there are only one chance to buy and that is in the days or so.

Timing is always the virtu mate and this is also what I use together with my instinct .

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Quote from: Pierre 2 on October 24, 2022, 02:14:54 AM

Nah, definitely no... Speculations are (in contrast with popular belief) good things in financial markets. They fuel demand. Speculations feed people like its cheap burgers. People buy and sell because things are speculated around. This is literal Truth. So increasing expectations like telling Bitcoin will become 150000 dollar is not something disruptive. Its attractive and it can help people to buy more/trade more. And people can make money.

But without analysis then speculation is child's play, I like to call it that because they have no basis for saying it when only guessing the price. Speculation is an integral part of trading this highly volatile asset, so even if it's not 100% correct then at least the analysis done can help the trader or investor find the entry line before making a decision.

Again, not speculation without analysis, but it is guesswork.

GeorgeJohn

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Quote from: Kadal Ijo on October 21, 2022, 02:08:04 AM

Quote from: Odusko on October 20, 2022, 05:07:20 PM

Quote from: GeorgeJohn on October 18, 2022, 05:59:44 PM

I want you to understand that cryptocurrency market sphere is all about speculation because with speculation of cryptocurrency the market will not experience lost and gain, sometimes the negative speculation of Bitcoin and altcoins are the things that brings or introduce panic in the market and people began to sell out their reserved coins, so i believe that speculation of cryptocurrency negatively is one of the things lure many investors into lost and also profit.

I agree with what you said, because there is always an increase in buy orders when there is panic resulting from speculations, be it from the media or institutions who will want to manipulate the market to favor themselves.
Most of the whales always look out for highly speculative projects so that their can used whatever market situation to make more profits. Most especially those that are in for a short period.

At present the Pope always gives negative news when the red market, of course they hope the price of the red again and can buy in large quantities, we certainly have to follow the pattern or trend so that we can get a big profit in a short time.

As a trader or investor you don't have to follow negative information concerning the market, your duty is to check the market by making a research without depending on any news concerning cryptocurrency, i believe with your own search you will be able to know exactly when to make profit in the market and when not make profit.

STT

legendary

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On some time frame everyone has a speculation, the main thing is to avoid day to day speculations as almost all people will just get themselves tangled up by the noise and volatility that BTC invariably has. But weeks, months and years its reasonable to observe, if you could work out an entire year would be a withdrawal or retraction phase then its reasonable to avoid that year and that process also is speculation on a larger time frame.
Judging larger time frames is far more likely to work then shorter time frames especially with candles as it shows all the price extremes in that time frame vs a line graph only shows the close price. Right now we retract from the 50 day average and have done for months, its fair to say and speculate BTC is not seriously positive until we trade and stay above the 50 day average for at least a few days. Ideally we get all the various moving averages turn upwards, ie. the average and momentum favors a gain. We can trade at any price but some instances become more likely then others, dont fight the tide and BTC has yearly movements imo.

Reid

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Quote from: Odusko on October 10, 2022, 09:50:35 AM

One of the things I hate most is speculations and I try as much as possible to avoid an entry that will make me speculate on the price of Bitcoin, so at that, I try as much as possible to have an entry price that will make me look away from the market for a long time and just be at peace holding my bitcoin in my wallet.
Knowing fully well that with Bitcoin I have the best alternative currency to spend at any time without any third-party involvement like the bank.

But if you have the application that tells the price of Bitcoin it makes you regret buying at that "entry price". Cheesy

It's given, you cannot just purchase and look away or cover your eyes and press the buy button. There will be times you want to check it out and it's normal.
I am not avoiding speculations because for me it's also a healthy thing, like a daily food that feeds me some information, but it doesn't mean I will follow it. It could become a basis but it's all up to you in the end.

bestcoins1

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Quote from: justdimin on October 22, 2022, 08:40:41 AM

Right now, we go in between 18k and 21k, if you could buy at 18k and sell at 21k and keep repeating that, you would make a lot of profit. Some people did that already and got good profits, without waiting anything, just buy at support, sell at resistance, as simple as that.

It's a very good idea and it's obviously a very appropriate and good thing to do at this point and I've also done it twice in the current state. It's generally quite a gain, but at this point I don't have more courage to continue doing that kind of thing in still uncertain conditions like now. So I prefer to trade safely and keep more stable cryptocurrencies before I make another purchase when the market starts to look better.

Oshosondy

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Quote from: Odusko on October 10, 2022, 09:50:35 AM

One of the things I hate most is speculations and I try as much as possible to avoid an entry that will make me speculate on the price of Bitcoin, so at that, I try as much as possible to have an entry price that will make me look away from the market for a long time and just be at peace holding my bitcoin in my wallet.
Knowing fully well that with Bitcoin I have the best alternative currency to spend at any time without any third-party involvement like the bank.

Bitcoin is a currency, but it deserves speculation as people are investing into it. You want bitcoin as a currency, but assuming you bought bitcoin when it was $60000, now at $19000, will you be happy? Speculation is very important for people that are just buying bitcoin, because to see your money depreciating can be very annoying and can cause depression. I know that your bitcoin is going to increase in value again and increase more than the price you bought it, but it can take over 2, 3 or up to 4 years before that would happen. I have seen someone yin this forum that told me so before in a post, I did not feel it until I bought bitcoin and seeing the price decreasing, it was not easy.

Pierre 2

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Nah, definitely no... Speculations are (in contrast with popular belief) good things in financial markets. They fuel demand. Speculations feed people like its cheap burgers. People buy and sell because things are speculated around. This is literal Truth. So increasing expectations like telling Bitcoin will become 150000 dollar is not something disruptive. Its attractive and it can help people to buy more/trade more. And people can make money.

peter0425

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Quote from: Piesel on October 17, 2022, 11:39:34 AM

You see the current Bitcoin market situation is the reason why speculation is bad, and should be totally avoided. Once youhold Bitcoin just know that the price can not be speculated and any point and the market price of Bitcoin can not be predicted.

speculation keeps popping even if the market is down or up so while the current Bitcoin market is bad? it is the whole market is suffering now.

Better to buy and Hold or just forget the market for a while.

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I have read some speculations in the last couple of weeks back that we are in for a long-time bear market and even chat have been formulated supporttheir claims, but in the early hours of this new week, Bitcoin have seem to have been on a recovery mode after the price crossed the 19,500 region which is a sharp rise in price that indicate bullish movement!

recovery mode? when was that made? the price stays at 18-20k and even not crossing 20k so I think there is no recovery mode that in our days now?

GeorgeJohn

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Quote from: tabas on October 12, 2022, 04:23:53 PM

Bitcoin is a speculative asset and if you don't like to speculate, it's okay. But the others can't be stopped by speculating the price of bitcoin because that's normal on it. It's true that we're at peace if we hold bitcoin because out of all the cryptos out there, this is what dictates the entire market for crypto. There's a safer thought of holding bitcoin and having it seated for a long time without worries because we know at the end of it, there will be an increase value of it due to its nature which includes the halving.

I agree with you, among other cryptocurrencies Bitcoin is the only coin the price increase without given off to the market after a long term investment like some of the altcoins investment, it's obvious that holding of Bitcoin and on the process bearish hit the season, their a confidence holding your Bitcoin knowing that the market most normalize, that's the reason some people purchase Bitcoin and hold for long term without fear.

justdimin

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Quote from: bestcoins1 on October 21, 2022, 06:47:41 AM

Quote from: Kadal Ijo on October 21, 2022, 02:08:04 AM

At present the Pope always gives negative news when the red market, of course they hope the price of the red again and can buy in large quantities, we certainly have to follow the pattern or trend so that we can get a big profit in a short time.

What are you talking about, mate?
You tell everyone to follow Patterns and Trends in order to get a lot of profit. But you don't explain yourself about Patterns and Trends that are good for everyone to follow in conditions like now. Now since you have said that here, then it would be better if you want to give a more complete explanation of the Pattern and Trend that you mean.

Since the task of the whales in the market is also to make as much profit as they can and everything they do is definitely considered for themselves, so there is no reason to blame the whales for this.

I don't know about Pope, but the patters that I watch is the resistance and support, if there is a good amount of resistance and support that market fails to break, that means we could trade in between them to make a good return and that's not too bad, but if we are talking about a situation that breaks them all the time, that is bear or bull market and that is usually scarier and people don't know what to do.

Right now, we go in between 18k and 21k, if you could buy at 18k and sell at 21k and keep repeating that, you would make a lot of profit. Some people did that already and got good profits, without waiting anything, just buy at support, sell at resistance, as simple as that.

bestcoins1

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Quote from: Kadal Ijo on October 21, 2022, 02:08:04 AM

At present the Pope always gives negative news when the red market, of course they hope the price of the red again and can buy in large quantities, we certainly have to follow the pattern or trend so that we can get a big profit in a short time.

What are you talking about, mate?
You tell everyone to follow Patterns and Trends in order to get a lot of profit. But you don't explain yourself about Patterns and Trends that are good for everyone to follow in conditions like now. Now since you have said that here, then it would be better if you want to give a more complete explanation of the Pattern and Trend that you mean.

Since the task of the whales in the market is also to make as much profit as they can and everything they do is definitely considered for themselves, so there is no reason to blame the whales for this.

bitterguy28

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Quote from: TimeTeller on October 19, 2022, 04:53:31 PM

Quote from: savetheFORUM on October 19, 2022, 12:14:44 PM

Quote from: Ararbermas on October 13, 2022, 12:50:02 AM

Well not all the time you will be in a safe place even you rely only in bitcoin, because market is not stable and so volatile sometimes . So if you just buy bitcoin in any price without any speculation for sure it's the same story and at the end you will experience losses as well. We need to be smart enough! If you don't apply such way to determine the real price to buy then i suggest better to stop to prevent risky situation.

I think the OP knows this already but he pushes his insights because he is also aware that btc can recover no matter how low it goes. He didn't say that people can buy at any price. That's not the right way of investing but it's always ideal to start investing when the price are at their atl's or bottom so that you can greatly lessen the risk.

It will be hard for the price to drop more after that but it will mostly do a recovery and along with it is that we are going to earn a profit. There is no need to speculate if how much price btc can achieve because we cant still predict it accurately but we can just say that it will move upwards or downwards. That's a lot easier.

Not that we can predict it accurately,

sorry about this mate , but can we predict accurately ? really? bitcoin ? all we can do is predict if it will up or down but not accurately.

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but the upward and downward will always be there.

Volatility , It is..

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The price level changes from time to time but the hope of further increasing its value is very possible to happen.

That is why there is no accurate predictions.

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This is why, some people feel at peace with btc because if you are eyeing long-term, you don't need to worry about the small movements.
You have the goal of patiently waiting up until you hit your target price level where you can get your profits.

investment , risky but satisfying if you will trust bitcoin for at least 3-5 years long holding , not that easy money.

Kadal Ijo

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Quote from: Odusko on October 20, 2022, 05:07:20 PM

Quote from: GeorgeJohn on October 18, 2022, 05:59:44 PM

I want you to understand that cryptocurrency market sphere is all about speculation because with speculation of cryptocurrency the market will not experience lost and gain, sometimes the negative speculation of Bitcoin and altcoins are the things that brings or introduce panic in the market and people began to sell out their reserved coins, so i believe that speculation of cryptocurrency negatively is one of the things lure many investors into lost and also profit.

I agree with what you said, because there is always an increase in buy orders when there is panic resulting from speculations, be it from the media or institutions who will want to manipulate the market to favor themselves.
Most of the whales always look out for highly speculative projects so that their can used whatever market situation to make more profits. Most especially those that are in for a short period.

At present the Pope always gives negative news when the red market, of course they hope the price of the red again and can buy in large quantities, we certainly have to follow the pattern or trend so that we can get a big profit in a short time.

Odusko

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Quote from: GeorgeJohn on October 18, 2022, 05:59:44 PM

I want you to understand that cryptocurrency market sphere is all about speculation because with speculation of cryptocurrency the market will not experience lost and gain, sometimes the negative speculation of Bitcoin and altcoins are the things that brings or introduce panic in the market and people began to sell out their reserved coins, so i believe that speculation of cryptocurrency negatively is one of the things lure many investors into lost and also profit.

I agree with what you said, because there is always an increase in buy orders when there is panic resulting from speculations, be it from the media or institutions who will want to manipulate the market to favor themselves.
Most of the whales always look out for highly speculative projects so that their can used whatever market situation to make more profits. Most especially those that are in for a short period.

South Park

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Quote from: Piesel on October 18, 2022, 05:30:48 PM

There is no way the Bitcoin market or altcoin market will be without speculation and not only do traders need speculation on the market but even investors are always looking for speculation to help them make better decisions.

So speculation is an integral part of the cryptocurrency market and if Bitcoin must remain a volatile asset then speculation can not be separated from Bitcoin market as their both co-exist.

I do not have a problem with speculation by itself as a great deal of what we do is speculation, an example of this is when you took a test at school and then you are with your friends talking about how you did and what kind of score you think you will get, that is a form of speculation, which is in fact important as in part your future occupation depends on those scores, and price speculation is similar, your future depends on your ability to predict the price correctly, however I do have a problem with endless speculation, as there are some traders which keep talking about the price but they never buy, and as such their speculations are useless when it comes to the effect they can have in their future.

stomachgrowls

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Quote from: justdimin on October 20, 2022, 06:08:02 AM

Quote from: bitterguy28 on October 19, 2022, 04:26:01 AM

Quote from: Odusko on October 10, 2022, 09:50:35 AM

One of the things I hate most is speculations and I try as much as possible to avoid an entry that will make me speculate on the price of Bitcoin, so at that, I try as much as possible to have an entry price that will make me look away from the market for a long time and just be at peace holding my bitcoin in my wallet.
Knowing fully well that with Bitcoin I have the best alternative currency to spend at any time without any third-party involvement like the bank.

this is an investment market and each of us have their own target and strategy , yes sometimes Speculating is annoying but this is how this market goes, this is also why popularity comes for more than years now as the speculation makes this market being loved by investors.

and those risk taker? actually almost all of us are risk taker and we tend to risk our funds for the opportunity to earn and this is how it works and admit it, this is how we love crypto.

Risk taking is something you do with every single satoshi that you buy, there isn't a situation where you are involved with investment and there is no risk, every single one does. Even the most basic "put your money into interest in a bank" type of things which is historically quite safe, saw some troubles back in 2008 where a few nations blocked people cashing those out, and even the ones that didn't had such high inflations this year that the money there lost all its power so it's futile to put there.

So, risk taking is something you are doing at all times, and bitcoin is as risky as other things, but has a good track record to make you feel better.

Every investment does have particular risk which does simply means that even if you would really be that dealing with those traditional investment it isnt really an exemption for you to get out of it.

This is the main thing that you should really be expecting once you do touch up investment whether into those traditional or crypocurrency.Its true that you cant really go wrong with Bitcoin but
still to consider up the risk that it isnt really something that you would really get assured of things in speaking with future years.

Invest what you can afford to lose and never ever consider each step you do make is risk-free.

Topic: Why speculate when you can be at peace with Bitcoin - page 3. (Read 1145 times)