Trading is unpredictable job.

[ipanks]

Trading is unpredictable and I think that its almost similar to gambling these days so that says already enough in my eyes.

if you learn about the analysis of trading, then you can make your own prediction in how much price it will be down and up with right and i think trading is not the same as gambling. but i am agree that trading is unpredictable and we can prevent this with the lesson and experience we have so we can manage the profit and the loss we have get.

[RealPhotoshoper]

Trading is unpredictable and I think that its almost similar to gambling these days so that says already enough in my eyes.

if you learn about the analysis of trading, then you can make your own prediction in how much price it will be down and up with right and i think trading is not the same as gambling. but i am agree that trading is unpredictable and we can prevent this with the lesson and experience we have so we can manage the profit and the loss we have get.

both gambling and trading is not the same thing , but both have a something similar .
such as when you are trying to guess the price of the market in trading , you also guess the outcome of dice number in gambling.
that two behavior is basically same , but trading more realistic as guessing based on fact in the real world when gambling pure just guessing.

[TravisNeko]

Trading is very unpredictable and I think that its risky to do it but on the other hand it stays very profitable for a short term so due to that its also again worth it too.

[danherbias07]

Trading is very unpredictable and I think that its risky to do it but on the other hand it stays very profitable for a short term so due to that its also again worth it too.

Short term profits. Yes that is true and that is how I loved trading. Just a lttle movement makes you a lot of money if you got the right prediction. But OP is right it is unpredictable so I think it will still depend on your instincts.

[goldcoinminer]

Trading is very unpredictable and I think that its risky to do it but on the other hand it stays very profitable for a short term so due to that its also again worth it too.

Short term profits. Yes that is true and that is how I loved trading. Just a lttle movement makes you a lot of money if you got the right prediction. But OP is right it is unpredictable so I think it will still depend on your instincts.

Actually we have more chance to make profit in trading than in gambling. I am a gambler and trader myself and I can really compare the two. In trading though it's a hard job but since information are available we can easily improve our knowledge and skills.

[btcdiggingmaster]

Yes you are right, but there are many people who make money through trading, trading has different techniques where have to apply those to make profits in crypto industry, but you need to have lot of patience crypto currency is completely different one when compared to other trading because there are so many dump and pump coins out there, you need to be very smart in choosing those otherwise definitely you will loose money. Plan only 50% of your money on marginal trading becuase marginal some time gives you more profit.

[vegito]

Trading is very unpredictable and I think that its risky to do it but on the other hand it stays very profitable for a short term so due to that its also again worth it too.

I think that most activities, where there is the possibility of making huge profits, there is also a considerably high risk. For trading it's not different and it requires, from the investor, self-control and study, especially in a market with so many uncertainties as the cryptocurrency market.

[Positid]

Trading is very unpredictable and I think that its risky to do it but on the other hand it stays very profitable for a short term so due to that its also again worth it too.

I think that most activities, where there is the possibility of making huge profits, there is also a considerably high risk. For trading it's not different and it requires, from the investor, self-control and study, especially in a market with so many uncertainties as the cryptocurrency market.

You just said it and you are right, the higher the reward the higher the risk and only those people who are willing to trade will have a chance to be profitable. That's how it works here as there's no easy and fee money in this world. We need to learn on how to take risk.

[mkmdoc]

I hope many people know that trading is unpredictable job, but with price hike in bitcoin many showing interest towards trading in that some are doing altcoin trading, but what ever trading it is trading is always risky you have to be very smart when you are doing trading.

[deisik]

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?

The most thing you need in trading is in the following.
1. Money(Ofcourse you need money for investment in trading to grow your bitcoins)
2. Mind(You need a good strategy and a little bit of known about trading)
3. Patience(This is the last you need is patience because in trading you didn't know wether it will be high or low so if you buy in low cost you need patience in waiting the coin to get high value)

You missed the other important thing, that is "luck". Even if you are a professional trader already, it does not mean you will always get profit when the luck is not on your side.

I'm not sure if luck is actually involved in trading because there's an explanation behind the market movements. When the coin dies, it's because the coin was a failure and the dev wasn't able to revive the coin. When the coin's price increases, it's because there's a good target market or it's because people have been promoting it a lot. There's a law of supply & demand to support what's happening with the price of the coin. It's not like gambling wherein the website simply generates a number and that decides if you're going to have positive profit or lose your money. Trading is based on the buyers/sellers and not luck.

I could just as well claim that there is an explanation behind behind every dice roll

I mean online gambling, of course. We hear it now and then that some "lucky" gambler has found a flaw in the betting system of a casino and was able to "predict" the outcome of the next roll. Would we call him lucky to win every time, or every time when he wants to win (so as to raise suspicion too early)? I guess certainly not, at least, not in the sense as you mean it. Though for other gamblers the outcomes would still be as random, simply because the choice they make remains mostly random

[Caladonian]

I hope many people know that trading is unpredictable job, but with price hike in bitcoin many showing interest towards trading in that some are doing altcoin trading, but what ever trading it is trading is always risky you have to be very smart when you are doing trading.

much better to have good education before entering this business the more you understand the more you can easy to pick which trade is good to support its hard if you don't have proper education about it.

[Pursuer]

I hope many people know that trading is unpredictable job, but with price hike in bitcoin many showing interest towards trading in that some are doing altcoin trading, but what ever trading it is trading is always risky you have to be very smart when you are doing trading.

there are two reasons for that.
people are either desperate for ways of making profit whether it is more money or more bitcoin on what they already have. so they look for ways to make profit and since they can not find any good method they are left with trading only.

or it is what you said, when they see a price rise they see opportunity and they rush to buy (panic buying, fear of missing out) and they find themselves in a market that they do not know anything about. and then soon after they start panic selling because there was a small drop or even some FUD on a forum somewhere.

[bamboylee]

Trading is very unpredictable and I think that its risky to do it but on the other hand it stays very profitable for a short term so due to that its also again worth it too.

Short term profits. Yes that is true and that is how I loved trading. Just a lttle movement makes you a lot of money if you got the right prediction. But OP is right it is unpredictable so I think it will still depend on your instincts.

It is not just instinct. It is in your passion to continuously follow the news, constantly studying the chart and in your desire to win in trading. Discipline is also needed so you will not panic sell or be too greedy. Hardwork is also needed even on trading. That is the way to make money in trading.

[TDutch]

The market is unpredictable, however you always should foresee multiple outcome. The most important one is: "Where should the market NOT go". That is where you place your trading stop.

[iamTom123]

The main reason why it is unpredictable is because it is volatile that anytime it can go up or down and for many times the capacity of the human brain to predict its exact movement may not matched the situation. However, its volatility is the reason why it can be profitable. All good traders know this fact and for newbies (just like me) the market can kill us anytime.

[deisik]

The market is unpredictable, however you always should foresee multiple outcome. The most important one is: "Where should the market NOT go". That is where you place your trading stop.

Most people who are proudly calling themselves traders are not like that. They would be just waiting out the bad times till the price rebounds. and they are able sell at a profit. With Bitcoin, it usually works out just fine at the end of the day (unless you bought your bitcoins in late 2013 at over $1,000 per coin, of course), but with altcoins that might be and most likely is fatal, given that the total majority of these "coins" are outright scams...

Which all without exception eventually end up at 1 satoshi

[Positid]

The market is unpredictable, however you always should foresee multiple outcome. The most important one is: "Where should the market NOT go". That is where you place your trading stop.

Most people who are proudly calling themselves traders are not like that. They would be just waiting out the bad times till the price rebounds. and they are able sell at a profit. With Bitcoin, it usually works out just fine at the end of the day (unless you bought your bitcoins in late 2013 at over $1,000 per coin, of course), but with altcoins that might be and most likely is fatal, given that the total majority of these "coins" are outright scams...

Which all without exception eventually end up at 1 satoshi

But there are still people who like to play with alts and actually they are making money since they have a good skills to do the right timing. Therefore for overall, a trader's skills can be determine not only because of one asset but base on different assets like trading with alts and bitcoins.

It has different market so you will be tested if you can succeed or not.

[raven7886]

I'm not sure if luck is actually involved in trading because there's an explanation behind the market movements. When the coin dies, it's because the coin was a failure and the dev wasn't able to revive the coin. When the coin's price increases, it's because there's a good target market or it's because people have been promoting it a lot. There's a law of supply & demand to support what's happening with the price of the coin. It's not like gambling wherein the website simply generates a number and that decides if you're going to have positive profit or lose your money. Trading is based on the buyers/sellers and not luck.

I think luck is one of the most important factor of trading also.
Without luck you cannot make money in trading, although your experience your knowledge and your skill of trading also work but to me if you have all these things but you do not have luck then you cannot make money in trading for making money you must be a extremely lucky person.

[wxa7115]

Trading is unpredictable and I think that its almost similar to gambling these days so that says already enough in my eyes.

Trading using the right knowledge is not even close to gambling, in gambling you cannot predict without any degree of accuracy the outcome of a roll of a dice, in trading you can not predict exactly what will happen but you will have an idea of the market movements with the right tools and analysis.

[electronicash]

Trading is unpredictable and I think that its almost similar to gambling these days so that says already enough in my eyes.

Trading using the right knowledge is not even close to gambling, in gambling you cannot predict without any degree of accuracy the outcome of a roll of a dice, in trading you can not predict exactly what will happen but you will have an idea of the market movements with the right tools and analysis.

True and to have a better idea where the market is going, you stick to coins or tokens that is heavily traded and on goes up and down most of the time. This is where you get to have money every week without doing nothing but watch the market while also in thew forum trolling around. Bear in mind that every trolls has motives, most of them wants the market to move strangely.