Know it that market is speculative

[monineklutak]

If the price does not move there is no way people will make money investing or trading a token if the price do not move. Volatility is good if it moves in your direction (long or short). I think the most important thing is to be able to spot the bottom and buy when the price is close to the bottom because the price will always go up from that position, it is easy to stop the bottom than the top this is very important for newbies to learn this will help then in the long term rather than FOMOing into already pumped tokens and they end up being a bagholder

It's true that basically the highly volatile crypto price movement is what makes us able to make a profit,
that's why it's important to have the knowledge and skills,
What is clear is that we have to know when to buy and when to sell.

[karabiber]

If the price does not move there is no way people will make money investing or trading a token if the price do not move. Volatility is good if it moves in your direction (long or short). I think the most important thing is to be able to spot the bottom and buy when the price is close to the bottom because the price will always go up from that position, it is easy to stop the bottom than the top this is very important for newbies to learn this will help then in the long term rather than FOMOing into already pumped tokens and they end up being a bagholder

If you are a new investor and you are entering the market in a period where the market has been inactive for a long time i would definitely recommend you to use your crypto basket in favor of major coins. This is because people get caught in the FOMO in the stagnant market and sink into the inflated bubble coins.

If you are planning to invest for many years, do not try to find the bottom of the price but jump on the train from a reasonable level.
It is difficult to predict the bottom in the price and do not blame yourself for this because you cannot predict the bottom even in the stable period.

[anggoro manise]

It's true that basically the highly volatile crypto price movement is what makes us able to make a profit,
that's why it's important to have the knowledge and skills,
What is clear is that we have to know when to buy and when to sell.

That is the basic basis in crypto, in fact everyone will agree with that, but analysis and skills are also still influenced by global issues, not only bitcoin, many things also affect world issues.  but in reality many people find it difficult to predict prices, maybe if you want to get quick profits you can take advantage of the moment, but for the long term, there will be many things we have to think about.

[Dollar_Hunter]

It's true that basically the highly volatile crypto price movement is what makes us able to make a profit,
that's why it's important to have the knowledge and skills,
What is clear is that we have to know when to buy and when to sell.

That is the basic basis in crypto, in fact everyone will agree with that, but analysis and skills are also still influenced by global issues, not only bitcoin, many things also affect world issues.  but in reality many people find it difficult to predict prices, maybe if you want to get quick profits you can take advantage of the moment, but for the long term, there will be many things we have to think about.

market volatility in crypto currency is unavoidable, moreover this is indeed an advantage of the crypto market,
where price volatility is highly favored by market participants or traders to gain more profit,
yes the risk is indeed big but if you understand TA then the risk will be even smaller.

[Smitty Werben Man Jensen]

It's true that basically the highly volatile crypto price movement is what makes us able to make a profit,
that's why it's important to have the knowledge and skills,
What is clear is that we have to know when to buy and when to sell.

That is the basic basis in crypto, in fact everyone will agree with that, but analysis and skills are also still influenced by global issues, not only bitcoin, many things also affect world issues.  but in reality many people find it difficult to predict prices, maybe if you want to get quick profits you can take advantage of the moment, but for the long term, there will be many things we have to think about.

the crypto market is indeed very speculative but speculative doesn't mean it can't be predicted but if we can read the TA then we can handle market volatility,
especially with a high level of reward it's very reasonable if the crypto market is very speculative, I'm sure many traders don't have a problem with that either.

[MFahad]

Trading is speculative and almost everyone knows this fact and if someone does not know about it then surely he is not enter into crypto market yet. speculative feature is the based on expert's thoughts about crypto and this is beneficial one because some people will desire to buy crypto while some will desire to sell it and it will be possible only when the the market prices fluctuates regularly. People make speculations according to their experience and mentality so it is not sure that any type of speculations can become true or will be fake.

[IvugeoEvolutionCoin]

If the price does not move there is no way people will make money investing or trading a token if the price do not move. Volatility is good if it moves in your direction (long or short). I think the most important thing is to be able to spot the bottom and buy when the price is close to the bottom because the price will always go up from that position, it is easy to stop the bottom than the top this is very important for newbies to learn this will help then in the long term rather than FOMOing into already pumped tokens and they end up being a bagholder

It's true that basically the highly volatile crypto price movement is what makes us able to make a profit,
that's why it's important to have the knowledge and skills,
What is clear is that we have to know when to buy and when to sell.

If a person wants to trade then it is very necessary to have knowledge and skills. Because if a person trades if he does not have knowledge and skills then he will not be able to trade and gain. He will not understand when to buy and when to sell coins.  So trading requires a lot of knowledge and skills.

[anggoro manise]

the crypto market is indeed very speculative but speculative doesn't mean it can't be predicted but if we can read the TA then we can handle market volatility,
especially with a high level of reward it's very reasonable if the crypto market is very speculative, I'm sure many traders don't have a problem with that either.

Indeed, many people don't mind it, but many people just follow the ongoing trend, whether it's hype or not, as long as it can be profitable, many people will definitely get into it.

[tygeade]

For newbies in trading, you need to understand that the crypto market is a speculative and not stagnant. It moves up and down known as bull and bear respectively. Incase you don't know, now, how trade happens is when one buyer is speculating up another can speculate down and the exchange happens on the trading platform. For example when the price of btc is $28,000, someone is speculating it further to buy to $29,500 and another can speculate it to sell to $26,000. So depending on your chart and analysis, that determines your winning strength if you speculate rightly. Trading is speculative based on your technical analysis, indicators and fundamentals (news).

There are too many periods when the TA shows that it will go up and yet it goes down, and when it shows going down and it goes up. Those are because of speculations, there are "news" that something will happen and that makes people question what's going to happen and they worry about it.

I personally do not worry about those but unfortunately market usually reacts to these news, good or bad it doesn't matter. When they do, TA becomes worthless because people act accordingly. I understand that people will be doing something that will not make too much noise, but hopefully  they will do something that will make them some money in the end if they can use these speculations to their favor. I can't, I am aware of it but incapable of using it to my advantage but at least I do not let it hurt my finances.

[tjtonmoy]

Speculative? Yes, to some extent. But with the constant evolution of the technology and the market, now it is hard to speculate what will happen. We still use analysis and many fundamentals to understand the market. Nothing comes out of luck or gamble in the market. For sure, you can make a fortune with luck. But in the long run, you can never become successful.
In order to speculate, we need to have proper knowledge about the market. That comes from learning and experiments. But that's a long process. For that reason, we stick to the old methods that people have come up with in the past. This is the reason why we can not get a 100% accurate results on our prediction. But as the process are somewhat similar to the new market movements, it is predictable at some extent. Learning this is crucial for any newbie trader. This will help you understand the market in depth. If the future, it will also help us to come up with our own strategy.

[Quidat]

If the price does not move there is no way people will make money investing or trading a token if the price do not move. Volatility is good if it moves in your direction (long or short). I think the most important thing is to be able to spot the bottom and buy when the price is close to the bottom because the price will always go up from that position, it is easy to stop the bottom than the top this is very important for newbies to learn this will help then in the long term rather than FOMOing into already pumped tokens and they end up being a bagholder

If you are a new investor and you are entering the market in a period where the market has been inactive for a long time i would definitely recommend you to use your crypto basket in favor of major coins. This is because people get caught in the FOMO in the stagnant market and sink into the inflated bubble coins.

If you are planning to invest for many years, do not try to find the bottom of the price but jump on the train from a reasonable level.
It is difficult to predict the bottom in the price and do not blame yourself for this because you cannot predict the bottom even in the stable period.

New or old, the best time for you to enter the market is on bearish market on which the prices are really that way too cheap or something not that expensive for you to accumulate rather than on making yourself accumulate when the market is on peak on which you would likely being caught on the peak and you would be ending up on holding for how many years.This is why it would really be that best that you should really make yourself that be wise on taking some entries.Although it wont really be that so simple considering that emotions and mind boggling factors which would really affect you out along the way. Market is really indeed that speculative and if you arent really that mindful towards your actions then you would definitely be having that losses instead of gains and this is why you should really be that careful. Dont take every actions you would made is something having that gambling like approach.

[beerlover]

Speculative? Yes, to some extent. But with the constant evolution of the technology and the market, now it is hard to speculate what will happen. We still use analysis and many fundamentals to understand the market. Nothing comes out of luck or gamble in the market. For sure, you can make a fortune with luck. But in the long run, you can never become successful.
In order to speculate, we need to have proper knowledge about the market. That comes from learning and experiments. But that's a long process. For that reason, we stick to the old methods that people have come up with in the past. This is the reason why we can not get a 100% accurate results on our prediction. But as the process are somewhat similar to the new market movements, it is predictable at some extent. Learning this is crucial for any newbie trader. This will help you understand the market in depth. If the future, it will also help us to come up with our own strategy.

I think luck is very important even for a veteran but that doesn't mean that it will a good thing, that doesn't mean that it will be easy if you are unlucky or it would be possible to just lucky but with no knowledge. I think it would be both together at the same time.

I think you should be studying and learning to be a good thing and that doesn't mean that it would be a good thing in the end and I believe that we should be considering this as a combined thing. After you became that good, it is not going to be that simple to actually make a profit, because in the end you are going to lose something anyway, and that will be a trouble. So be ready and be lucky at the same time and you should be doing fine, them together is a great feeling without a doubt.