Finestream
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May 30, 2017, 03:59:28 AM |
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Yes, trading is an unpredictable job, especially in the crypto markets. It can also be very nerve racking.
But this unpredictable kind of job can give us a predictable amount of money, its natures makes it more interesting because we are challenge here and we should be improving our skills so we can make this unpredictable job a little predictable. Trading is a game of prediction, it's like gambling but at least in trading you can find more relevant basis which will give you a good chance to predict.
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romero121
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casinosblockchain.io
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May 30, 2017, 04:09:01 AM |
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Yes, trading is an unpredictable job, especially in the crypto markets. It can also be very nerve racking.
But this unpredictable kind of job can give us a predictable amount of money, its natures makes it more interesting because we are challenge here and we should be improving our skills so we can make this unpredictable job a little predictable. Trading is a game of prediction, it's like gambling but at least in trading you can find more relevant basis which will give you a good chance to predict. Agreed, though bitcoin trading is unpredictable at times when our prediction goes closer to the market move we'll get a better profit. Basically it too is a form of gambling as stated by the above mate where the loss can be minimized based on the strategy that we make.
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bitsmichel
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May 30, 2017, 04:12:54 AM |
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Trading is surely an unpredictable job as you never know when the price will pump or dump as you can never predict what will be the exact movement in price and that makes trading a very risky place to make money and even experts have made big losses by making wrong moves.
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freedomgo
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May 30, 2017, 04:53:34 AM |
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Trading is surely an unpredictable job as you never know when the price will pump or dump as you can never predict what will be the exact movement in price and that makes trading a very risky place to make money and even experts have made big losses by making wrong moves.
If the price will not pump and dump then trading would not be interesting, the real reason why we are here is because we love to predict the market and if we predict it right we are rewarded with money. I would not even want to see a stable price of bitcoin or any cryptos because opportunity is lower if that will happen.
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arpon11
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May 30, 2017, 08:48:08 PM |
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Trading is surely an unpredictable job as you never know when the price will pump or dump as you can never predict what will be the exact movement in price and that makes trading a very risky place to make money and even experts have made big losses by making wrong moves.
Bitsmichel, it actually depends on your levels of experience and skills in trading. Trading, is very predictable if you know how to buy at the discounted price and sell at a retail price like it happened in the conventional products or items sale. Coins trading is buying at the wholesale and sell at retail.
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richardsNY
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May 30, 2017, 09:04:44 PM |
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Trading is surely an unpredictable job as you never know when the price will pump or dump as you can never predict what will be the exact movement in price and that makes trading a very risky place to make money and even experts have made big losses by making wrong moves.
Bitsmichel, it actually depends on your levels of experience and skills in trading. Trading, is very predictable if you know how to buy at the discounted price and sell at a retail price like it happened in the conventional products or items sale. Coins trading is buying at the wholesale and sell at retail. Sure, experience that you have been building up throughout the years is essential, but even the best traders (aside from market movers) face difficulties in times where the price continues to shoot up, as was the case very recently. It's not that the market is jumping up and down repetitively within a certain range all the time. The terms easy and predictable don't exist when it comes to trading, don't forget that....
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tabas
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May 30, 2017, 09:05:52 PM |
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Trading is surely an unpredictable job as you never know when the price will pump or dump as you can never predict what will be the exact movement in price and that makes trading a very risky place to make money and even experts have made big losses by making wrong moves.
It's very hard to predict the market if you are still new on this industry. But even you have some signals sometimes it's not that accurate. And if you had chosen to be in this career, you need to make your heart stronger as there are a lot of waves that it will only going to give you some heartache for not getting in the ride of pump.
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panganib999
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May 30, 2017, 09:35:02 PM |
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yup it is unpredictable if you are not aware on what particular market or product that you are in with, especially if you are talking about bitcoin or alt coin market it is hard to know which coin will go up and down but you are correct with all the things that you said those things are the basic that you need, the main thing for me is the decision making avoiding to put your emotion with regarding the trade for me it is very important.
Predicting something will go up when prices are falling can cripple a trader's finances, especially since we can't know for sure how the market will react to further news or information that may become available. Investing is sometimes unpredictable, yes. But I consider trading as less risky than gambling. Because you are the one to manage your money at your own risk while gambling that is very risky that you could lose money, what is worse is you could lose resources once you've become addicted to it.
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gabmen
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June 02, 2017, 10:36:39 AM |
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Trading is surely an unpredictable job as you never know when the price will pump or dump as you can never predict what will be the exact movement in price and that makes trading a very risky place to make money and even experts have made big losses by making wrong moves.
It's very hard to predict the market if you are still new on this industry. But even you have some signals sometimes it's not that accurate. And if you had chosen to be in this career, you need to make your heart stronger as there are a lot of waves that it will only going to give you some heartache for not getting in the ride of pump. I agree. Its unpredictable but soon as you get the hang of most trades, it definitely is worth it. Patience i think is one factor that needs a lot of emphasis on as well as composure. I remember when i started trading and was watching the price of omni coin, i lost 25% of the initial capital i had because i panicked in selling when ibsaw the price dump for a few minutes. Later that day the price went up again.
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jorneyflair
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June 02, 2017, 10:50:37 AM |
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That is all about trading, if you are willing to invest some money for that purpose, and learn trading, you need to accept the fact that you will put your money in big risk, and also the whole activity will put you in a many stressful situations. That is why I dont really advise anyone to make a living from trading, because it is extremely hard and even when you have all education, skills and experience needed for that ( which can take years to even make yourself profitable on a long-term) you will still need a good amount of funds to be covered in scenarios where something will go wrong. There are some people who compare trading to gambling, and they say the truth sometimes, because it may be considered as gambling, if you dont know what are you doing. First, get a knowledge and then start thinking about investing anything. Demo account does not cost you anything ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Shishir99
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June 02, 2017, 02:05:17 PM |
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I agree, trading is a risky job.Money management is a important thing in trading.We have to divide money in different portfolio.I think sometime we can predict some things by using important tools.
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Ayiranorea
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June 02, 2017, 02:18:27 PM |
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yup it is unpredictable if you are not aware on what particular market or product that you are in with, especially if you are talking about bitcoin or alt coin market it is hard to know which coin will go up and down but you are correct with all the things that you said those things are the basic that you need, the main thing for me is the decision making avoiding to put your emotion with regarding the trade for me it is very important.
Predicting something will go up when prices are falling can cripple a trader's finances, especially since we can't know for sure how the market will react to further news or information that may become available. Investing is sometimes unpredictable, yes. But I consider trading as less risky than gambling. Because you are the one to manage your money at your own risk while gambling that is very risky that you could lose money, what is worse is you could lose resources once you've become addicted to it. Yeah with trading we can manage the money and avoid the risk of losing, because we have got lot of coins. Investing on different coins help us compensate the loss happened with the other. Same is not possible with gambling, lost is lost. So as said it's good to be a trader than being a gambling addict.
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Fatanut
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June 03, 2017, 12:18:46 PM |
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That is all about trading, if you are willing to invest some money for that purpose, and learn trading, you need to accept the fact that you will put your money in big risk, and also the whole activity will put you in a many stressful situations. That is why I dont really advise anyone to make a living from trading, because it is extremely hard and even when you have all education, skills and experience needed for that ( which can take years to even make yourself profitable on a long-term) you will still need a good amount of funds to be covered in scenarios where something will go wrong. There are some people who compare trading to gambling, and they say the truth sometimes, because it may be considered as gambling, if you dont know what are you doing. First, get a knowledge and then start thinking about investing anything. Demo account does not cost you anything ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) What if I told you that there's another method of earning money which requires 16 years of studying? Most people go through it. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) It's called the education system. The first ones are needed since kids have to learn but after high school, I think the education system isn't actually that helpful (in my place, atleast). It's the time when kids have to explore by themselves what they really want to do in life. Honestly, when I got to college, I don't even know why I took that course. I was so young to make the best decision possible. Which school, which course, and why. Anyway, back to our point. With that in mind, one year of studying trading would probably not hurt since it's a lot less time than what most people has spent in college. I'm not saying to ditch school and start trading but to give trading some time. Most of us have spent a lot of time in school, might as well spend another year trying to learn another money making method which might save us financially in the future.
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VasyaPupkin
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June 03, 2017, 01:15:28 PM |
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yup it is unpredictable if you are not aware on what particular market or product that you are in with, especially if you are talking about bitcoin or alt coin market it is hard to know which coin will go up and down but you are correct with all the things that you said those things are the basic that you need, the main thing for me is the decision making avoiding to put your emotion with regarding the trade for me it is very important.
Predicting something will go up when prices are falling can cripple a trader's finances, especially since we can't know for sure how the market will react to further news or information that may become available. Investing is sometimes unpredictable, yes. But I consider trading as less risky than gambling. Because you are the one to manage your money at your own risk while gambling that is very risky that you could lose money, what is worse is you could lose resources once you've become addicted to it. Yeah with trading we can manage the money and avoid the risk of losing, because we have got lot of coins. Investing on different coins help us compensate the loss happened with the other. Same is not possible with gambling, lost is lost. So as said it's good to be a trader than being a gambling addict. A trader is a wonderful profession. But rather a vocation. Not every person can be a trader, because you need to have an analytical mind for this. And you need to constantly spend time on it and learn new things
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conected
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June 03, 2017, 01:59:07 PM |
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yup it is unpredictable if you are not aware on what particular market or product that you are in with, especially if you are talking about bitcoin or alt coin market it is hard to know which coin will go up and down but you are correct with all the things that you said those things are the basic that you need, the main thing for me is the decision making avoiding to put your emotion with regarding the trade for me it is very important.
Predicting something will go up when prices are falling can cripple a trader's finances, especially since we can't know for sure how the market will react to further news or information that may become available. Investing is sometimes unpredictable, yes. But I consider trading as less risky than gambling. Because you are the one to manage your money at your own risk while gambling that is very risky that you could lose money, what is worse is you could lose resources once you've become addicted to it. Yeah with trading we can manage the money and avoid the risk of losing, because we have got lot of coins. Investing on different coins help us compensate the loss happened with the other. Same is not possible with gambling, lost is lost. So as said it's good to be a trader than being a gambling addict. A trader is a wonderful profession. But rather a vocation. Not every person can be a trader, because you need to have an analytical mind for this. And you need to constantly spend time on it and learn new things - This is a great job and it will always remove those who do not have the knowledge and do not learn about it. A trader really always constantly updated information and they are always trying to improve ourselves, trying to make analyze and predict the most accurate. Trading is an unpredictable job because the job we do is predicting the future and no one knows what the future will look like but that does not mean we will rely entirely on luck, luck is only a part and the rest is our skill.
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Viyamore
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June 03, 2017, 02:19:44 PM |
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Trading is amazing but it can keep you awake,... like now ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) But sure, I like it, it is roller coaster and it is very high risk, but I still love it. Not at all times because trading needs time and not will always keep you awake as you think . For me to think that you enjoy trading because you earn on it even it is too unpredictable .The risk in trading differs in a persons skills in trading.
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ekans45
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June 03, 2017, 02:39:03 PM |
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I heard a lot about trading and mostly it was about that trading is the best way to make your botcoins work on you. But I still didn't try to trade, I have a wish, just looking for something checked and save. I am not a professional as you can see. On this forum there are tans of information about trading and from this you can find which areas for trading more or less predictive.
We need knowledge and information in order to understand things. Just like in trading if we did not know the basic things about the price, value and its stock it can be hard for someone to do trading. But the real thing need to always keep on mind is how could you monitor the price. Because if you have a device that can monitor the price you can decide on how you will going to manage your bitcoin. And in some reason it may be more less predictive thing because you have a particular basis to monitor on how you will manage your trading.
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2bfree
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June 03, 2017, 02:41:07 PM |
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Even if you have great self control trading will make you forget it. I am talking from personal experience here, I remember very well when I was trading and I couldn't even sleep at night. At 2 am in the morning I used to woke up and to check my positions in trading. That's how obsessed with trading I was and that lead me to losing everything. Now its been about 3 years I have fully recovered from this disease as that's what I will call it, a big disease. I want to tell anyone to stop trading as you will never come on top of that no matter how skillful you are. Ask yourself a simple question , if trading was so profitable for the traders would there be so many trading houses and websites out there ? I don't think so. Trading truly is unpredictable.
I guess I'm lucky I spent 1 hour day reviewing my trades from yesterday then do research for that day's trades and sleep at night. As for trading houses they are not like casinos they are more like poker sites, they take a cut from every trade but they make the same from winner and from loosers and casinos need loosers if everyone was a winner in blackjack, rullet , slots then there would be no vegas stip the strip depends on loosers forking over their savings. Now there are tons and tons of loosers in trading i'm sure of it and hard to win. But I know I win more then i loose so if that stays the same i'll keep trading.
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Novun
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June 03, 2017, 03:12:07 PM |
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I don't like trading that much. It is soo easy to get greedy and overcommit and loose money. I never lost money doing ait due to being very conservative with my trades, but I can feel the intense psychologcal pressure that comes with it. Some people like it some don't. I prefer to invest long term.
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vaccin
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June 03, 2017, 04:19:57 PM |
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I leant the hard way that crypto trading is so different than stock trading. There isn't a "safe" way to trade here, there is no trend to follow, you can't time the market, you can't follow the wales, it's practical sheer gambling days on end. And general rule of thumb: buy high, sell low! ![Huh](https://bitcointalk.org/Smileys/default/huh.gif)
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