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Author Topic: Trading is unpredictable job.  (Read 160940 times)
King Sastro
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July 17, 2017, 06:03:01 AM
 #1761

When I try and learn a lot about bitcoin and altcoin trading, it confuses me, not all the things I learn can match the reality. Trading is almost similar to gambling because of full speculation.

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July 17, 2017, 06:19:05 AM
 #1762

I guess that from the perspective of the randomness ... trading crypto currency is very close to gambling
 

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July 17, 2017, 06:37:43 AM
 #1763

I guess that from the perspective of the randomness ... trading crypto currency is very close to gambling
 
Unpredictable?. Yes it does. Close related to gambling? apparently yes.. Cryptocurrency Trading is much more a like gambling because of being unpredictable and it also risks money. Unlike gambling you can choose to bet on the amount you can afford to lose, trading needs a lot of control as the OP say's, one of the major problem is to control your emotion also as stated. Overall it just need to be studied and try trading from smaller amount until you have guts to trade more money...

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July 17, 2017, 11:04:04 AM
 #1764

I guess that from the perspective of the randomness ... trading crypto currency is very close to gambling
 
Unpredictable?. Yes it does. Close related to gambling? apparently yes.. Cryptocurrency Trading is much more a like gambling because of being unpredictable and it also risks money. Unlike gambling you can choose to bet on the amount you can afford to lose, trading needs a lot of control as the OP say's, one of the major problem is to control your emotion also as stated. Overall it just need to be studied and try trading from smaller amount until you have guts to trade more money...

yah its unpredictable but aren't most things in this world also unpredictable? other trading like forex can get you closer by technical analysis overall its hard to predict, to

speculate while in altcoin trading its by observing the market, making strategies, being updated on the news and overall the same also applies. there is no any kind of trading

thats easy to predict lol. Thinking that you're not basing your decision on a whim, trading and gambling is not exactly the same and they're not very close either. in gambling, its

most about the luck but in trading most of the time its skills that counts.

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July 17, 2017, 11:23:33 AM
 #1765

I guess that from the perspective of the randomness ... trading crypto currency is very close to gambling
 
Unpredictable?. Yes it does. Close related to gambling? apparently yes.. Cryptocurrency Trading is much more a like gambling because of being unpredictable and it also risks money. Unlike gambling you can choose to bet on the amount you can afford to lose, trading needs a lot of control as the OP say's, one of the major problem is to control your emotion also as stated. Overall it just need to be studied and try trading from smaller amount until you have guts to trade more money...

The gamble situation there is if you buy on unknown times, Since their are so many shitcoins around and we cannot tell on where are the potential ones where we can earn. But if we really study the real movements for it I'm sure that we can eliminate those bad chances and can able to earn with right decision we placed.

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July 17, 2017, 11:35:59 AM
 #1766

I guess that from the perspective of the randomness ... trading crypto currency is very close to gambling
 
Unpredictable?. Yes it does. Close related to gambling? apparently yes.. Cryptocurrency Trading is much more a like gambling because of being unpredictable and it also risks money. Unlike gambling you can choose to bet on the amount you can afford to lose, trading needs a lot of control as the OP say's, one of the major problem is to control your emotion also as stated. Overall it just need to be studied and try trading from smaller amount until you have guts to trade more money...

The gamble situation there is if you buy on unknown times, Since their are so many shitcoins around and we cannot tell on where are the potential ones where we can earn. But if we really study the real movements for it I'm sure that we can eliminate those bad chances and can able to earn with right decision we placed.
You can never guarantee that you will make profit in everything you do but at least with good research you have a good chance of success.
There are a lot of altcoins out there and as you have notice there are a lot of ICOs that is going on now so it's your responsibility as an investor not just to invest blindly if you want to be profitable. It's not like a gambling where you rely on your luck, here you rely on your knowledge.

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July 17, 2017, 11:41:42 AM
 #1767

Yes, that's true in trading you can experience a lot of risk and you need to be ready for that. Also you need a hard heart for any situation that you can encounter. Trading is unpredictable to the users that 1st time in this kind of job.

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July 17, 2017, 04:43:18 PM
 #1768

Yup, agreed. Unpredictable AF.
That's why I have decided to trade in Paxful where I can trade for other things like gift cards.

Not life-changing profitable but still generates some revenue that helps me put food on the table.
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July 17, 2017, 04:55:29 PM
 #1769

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. but if we have skills and knowledge than this predictable work give us money, but it is depend on our ability how to earn. Yeah, altcoin trading better is that earn in a short term, than it will be profitable.it is tension also.
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July 17, 2017, 06:11:34 PM
 #1770

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. but if we have skills and knowledge than this predictable work give us money, but it is depend on our ability how to earn. Yeah, altcoin trading better is that earn in a short term, than it will be profitable.it is tension also.
Yes trading may become predictable job only when you are an expert with your skill and knowledge about trading. I mean to say you can be an expert in programming or graphics designing but it will never help you to tackle the complexity of trading. You must need some specific knowledge about trading so that you can make trading as a predictable job.

Trading will become predictable when we are gaining experience which is highly non-similar to gambling. But I wonder many people are comparing trading with gambling and leaving off trading by assuming themselves as trading is an unpredictable job.

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July 17, 2017, 09:12:33 PM
 #1771

I'm wondering how many people on this forum had trading experience before trying to trade cryptocurrencies? I know quite some people who suddenly have a decent amount of their capital invested in crypto's, yet they never traded before. "when your taxi driver is telling you to buy stock, you know it’s time to sell", perhaps the current bearish market filters out some weak hearted and the underlying value of some coins is enough to restore to old highs.

Currently I'm only holding some coins because I believe in the long term application of the blockchain they represent. I have some experience in forex trading, so I might give swing trading a chance, however the lack of volume makes it really hard to set predictable entry and exit moments. I'm curious as to how other people are protecting their stop loss levels in case of a big dump (especially with Ripple).

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July 17, 2017, 11:40:28 PM
 #1772

I guess that from the perspective of the randomness ... trading crypto currency is very close to gambling
 
Unpredictable?. Yes it does. Close related to gambling? apparently yes.. Cryptocurrency Trading is much more a like gambling because of being unpredictable and it also risks money. Unlike gambling you can choose to bet on the amount you can afford to lose, trading needs a lot of control as the OP say's, one of the major problem is to control your emotion also as stated. Overall it just need to be studied and try trading from smaller amount until you have guts to trade more money...
Yeah you're correct trading is unpredictable job because you can't sure if your token or coin that you hold is really have a potential to grow. It is really hard to predict whether you will gain profit or not.

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July 17, 2017, 11:45:14 PM
 #1773

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. but if we have skills and knowledge than this predictable work give us money, but it is depend on our ability how to earn. Yeah, altcoin trading better is that earn in a short term, than it will be profitable.it is tension also.
Yes trading may become predictable job only when you are an expert with your skill and knowledge about trading. I mean to say you can be an expert in programming or graphics designing but it will never help you to tackle the complexity of trading. You must need some specific knowledge about trading so that you can make trading as a predictable job.

Trading will become predictable when we are gaining experience which is highly non-similar to gambling. But I wonder many people are comparing trading with gambling and leaving off trading by assuming themselves as trading is an unpredictable job.
yes i also think that trading is really predicable job and not unpredictable. to me i think there are so many experience people who are can give a very good prediction about the price of bitcoin. in fact we can do a good prediction if we have good experience and having good knowledge about bitcoin, study the market regularly getting information from different sources and only then they predict about the price of bitcoin. it is a fact that only expert people can analyze the price of bitcoin.

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July 18, 2017, 01:28:30 AM
 #1774

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. but if we have skills and knowledge than this predictable work give us money, but it is depend on our ability how to earn. Yeah, altcoin trading better is that earn in a short term, than it will be profitable.it is tension also.
Yes trading may become predictable job only when you are an expert with your skill and knowledge about trading. I mean to say you can be an expert in programming or graphics designing but it will never help you to tackle the complexity of trading. You must need some specific knowledge about trading so that you can make trading as a predictable job.

Trading will become predictable when we are gaining experience which is highly non-similar to gambling. But I wonder many people are comparing trading with gambling and leaving off trading by assuming themselves as trading is an unpredictable job.
yes i also think that trading is really predicable job and not unpredictable. to me i think there are so many experience people who are can give a very good prediction about the price of bitcoin. in fact we can do a good prediction if we have good experience and having good knowledge about bitcoin, study the market regularly getting information from different sources and only then they predict about the price of bitcoin. it is a fact that only expert people can analyze the price of bitcoin.
You have a good point. For those who is now professional to the trading world the trading for then is predictable job because they have a lot of experiences in the trading world . They can predict whether their token or coin will go down or rise up.

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July 19, 2017, 05:05:57 PM
 #1775

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. but if we have skills and knowledge than this predictable work give us money, but it is depend on our ability how to earn. Yeah, altcoin trading better is that earn in a short term, than it will be profitable.it is tension also.
Yes trading may become predictable job only when you are an expert with your skill and knowledge about trading. I mean to say you can be an expert in programming or graphics designing but it will never help you to tackle the complexity of trading. You must need some specific knowledge about trading so that you can make trading as a predictable job.

Trading will become predictable when we are gaining experience which is highly non-similar to gambling. But I wonder many people are comparing trading with gambling and leaving off trading by assuming themselves as trading is an unpredictable job.
yes i also think that trading is really predicable job and not unpredictable. to me i think there are so many experience people who are can give a very good prediction about the price of bitcoin. in fact we can do a good prediction if we have good experience and having good knowledge about bitcoin, study the market regularly getting information from different sources and only then they predict about the price of bitcoin. it is a fact that only expert people can analyze the price of bitcoin.
You have a good point. For those who is now professional to the trading world the trading for then is predictable job because they have a lot of experiences in the trading world . They can predict whether their token or coin will go down or rise up.
Indeed it happens so. The more time you spend in trading, the more experience you gain which in the long run helps you to play safe. For the beginners, fluctuations are horrifying. They really feel helpless to cope with them and stay safe. But with the passage of time, wrong decisions definitely teach them right things. Just by observing market trends keenly, one can predict all easily.


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flower1024
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Activity: 1036



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July 19, 2017, 05:24:01 PM
 #1776

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. but if we have skills and knowledge than this predictable work give us money, but it is depend on our ability how to earn. Yeah, altcoin trading better is that earn in a short term, than it will be profitable.it is tension also.
Yes trading may become predictable job only when you are an expert with your skill and knowledge about trading. I mean to say you can be an expert in programming or graphics designing but it will never help you to tackle the complexity of trading. You must need some specific knowledge about trading so that you can make trading as a predictable job.

Trading will become predictable when we are gaining experience which is highly non-similar to gambling. But I wonder many people are comparing trading with gambling and leaving off trading by assuming themselves as trading is an unpredictable job.
yes i also think that trading is really predicable job and not unpredictable. to me i think there are so many experience people who are can give a very good prediction about the price of bitcoin. in fact we can do a good prediction if we have good experience and having good knowledge about bitcoin, study the market regularly getting information from different sources and only then they predict about the price of bitcoin. it is a fact that only expert people can analyze the price of bitcoin.
You have a good point. For those who is now professional to the trading world the trading for then is predictable job because they have a lot of experiences in the trading world . They can predict whether their token or coin will go down or rise up.
Indeed it happens so. The more time you spend in trading, the more experience you gain which in the long run helps you to play safe. For the beginners, fluctuations are horrifying. They really feel helpless to cope with them and stay safe. But with the passage of time, wrong decisions definitely teach them right things. Just by observing market trends keenly, one can predict all easily.
It's not that much easy to predict the market. you should have hands on experience in trading then only you can predict how trading will works. And yes if newbies make any mistake and lost money they will learn new thing how to avoid that kind of loss. So in trading, every loss is one lesson to become professional traders.

hashtag101
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July 19, 2017, 06:10:54 PM
 #1777

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. but if we have skills and knowledge than this predictable work give us money, but it is depend on our ability how to earn. Yeah, altcoin trading better is that earn in a short term, than it will be profitable.it is tension also.
Yes trading may become predictable job only when you are an expert with your skill and knowledge about trading. I mean to say you can be an expert in programming or graphics designing but it will never help you to tackle the complexity of trading. You must need some specific knowledge about trading so that you can make trading as a predictable job.

Trading will become predictable when we are gaining experience which is highly non-similar to gambling. But I wonder many people are comparing trading with gambling and leaving off trading by assuming themselves as trading is an unpredictable job.
yes i also think that trading is really predicable job and not unpredictable. to me i think there are so many experience people who are can give a very good prediction about the price of bitcoin. in fact we can do a good prediction if we have good experience and having good knowledge about bitcoin, study the market regularly getting information from different sources and only then they predict about the price of bitcoin. it is a fact that only expert people can analyze the price of bitcoin.
You have a good point. For those who is now professional to the trading world the trading for then is predictable job because they have a lot of experiences in the trading world . They can predict whether their token or coin will go down or rise up.
Indeed it happens so. The more time you spend in trading, the more experience you gain which in the long run helps you to play safe. For the beginners, fluctuations are horrifying. They really feel helpless to cope with them and stay safe. But with the passage of time, wrong decisions definitely teach them right things. Just by observing market trends keenly, one can predict all easily.
It's not that much easy to predict the market. you should have hands on experience in trading then only you can predict how trading will works. And yes if newbies make any mistake and lost money they will learn new thing how to avoid that kind of loss. So in trading, every loss is one lesson to become professional traders.
When become trader we always need improve our skill trading and learning anytime, special after take loss by wrong or get mistake! After, it will helps we have more experiences on the road can take profit everyday as day trader and minimize all order loss

HasHe
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July 20, 2017, 11:06:52 AM
 #1778

Yes trading is an unpredictable job.Its highly risky.But the risks could be minimized by following certain steps.You would have to analyze crypto market and find the most under valued coin so that your profits could be maximised.Start trading with a small amount.Follow the rule"Donot put all eggs in the same basket"and diversify your investment by investing in two or three coins.


 
 
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Viyamore
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July 20, 2017, 11:31:36 AM
 #1779

Yes trading is an unpredictable job.Its highly risky.But the risks could be minimized by following certain steps.You would have to analyze crypto market and find the most under valued coin so that your profits could be maximised.Start trading with a small amount.Follow the rule"Donot put all eggs in the same basket"and diversify your investment by investing in two or three coins.
Although you have a good prediction it is always a prediction so your prediction may not be accurate , a good Technical analysis with the right moves for you to hit the profit .Analyzing and a good research can give a good profit.


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wildan88
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July 20, 2017, 11:50:07 AM
 #1780

Yes trading is an unpredictable job.Its highly risky.But the risks could be minimized by following certain steps.You would have to analyze crypto market and find the most under valued coin so that your profits could be maximised.Start trading with a small amount.Follow the rule"Donot put all eggs in the same basket"and diversify your investment by investing in two or three coins.
Although you have a good prediction it is always a prediction so your prediction may not be accurate , a good Technical analysis with the right moves for you to hit the profit .Analyzing and a good research can give a good profit.
research really is very important in trading. because it determines what happens on the coin, and the most important is patience. in accordance with my experience, when I don't have the patience, I always regret it in the end.

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