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Rooster101
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January 19, 2018, 05:42:26 AM |
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trading is an unpredictable job, because we never know when bitcoin prices go up or down, but I believe with trading now we can get big profits because bitcoin prices are getting better after yesterday's price down.
But we have to predict the price movement correctly so we can make profit. Our main goal here is to make money so we have to do things that would increase our chances of being profitable and that is by continuously educating ourselves and learning through our experience to improve. Even we do know how ro analyze graphs, there are circumstances that is out of our control, we don't know how othersdecide for their coin, like the recent news of banning from China and South Korea no one knows that it will happen especially last week is a blast from almost top alt, but never lose hope in trading, use every opportunity to earn on it. We human are prone to error and even if we already learn the art of volatile trading, we still err. To minmize this error, we must continue to learn trading even if we already gained enough knowledge and skills. They said life is a continuing education and we should also apply that to trading. This continued learning is apt for cryptocurrency trading because it is a non-stop, rapidly-changing process. Learning from mistakes will also improves your trading skills and market understanding overcomes that unpredictability. |
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"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
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MirandaGreen12
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January 19, 2018, 05:47:49 AM |
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I have a specific problem with people claiming that the crypto-currency markets are completely unpredictable. These are usually legacy financial analyst folk that have no clue how to relate their finance world knowledge into the crypto-currency world. Mostly because they do not deal with pure supply/demand scenarios or the dynamics of digital scarcity. Don’t get me wrong – crypto-currency markets are a wild ride and are certainly high risk, but much a good chunk of that risk can be mitigated with some knowledge on the patterns buried in the transaction data of the various blockchains. In total, we have identified about 87 specific patterns to watch for and these are related to about 15 different ‘pools’ of coins within the overall crypto-currency itself. I am speaking specifically to Bitcoin here, but the same functions and models can be applied to any active cryptocurrency blockchain.
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ralph_0608
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January 19, 2018, 06:14:08 AM |
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Trading is indeed unpredictable, which is why it requires experience and skill. Trading like stocks and gold is unpredictable. Bitcoin is an application of block chain technology. If the technology is widely used and more and more people are pursuing BTC, the price can be increased!
yes no one know when a coin may up or down but there are some indicators that need to be master to lower your risk to loss your investment it is good strategy also to buy part by part not your whole investment so that when the market down you have some money to buy for average down |
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el kaka22
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www.Crypto.Games: Multiple coins, multiple games
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January 19, 2018, 06:15:46 AM |
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In some cases, this statement that trading is an unpredictable job holds true. However, there are certain situations when you can’t say this thing that this statement holds true.
Most of time, it is your skillset and experience which helps you in making wise decisions and that too at tough times. You need to study a lot in order to make some handsome amount of profit by doing trading.
I am a trader and I can say that trading is really unpredictable job because we can't predict when will be the next pump or dump. There are many people who loses theur money in trading because they are panicking and their knowledge is insufficient. but i think that pump or dump are depending on some news or signals ? Or something? Or naturally it got dumped or pumped ? It is a famous Japanese saying that there are no accidents. That is, it is not like an event happens out of nowhere. There are always reasons behind every happening but not all of us can see all of them. Whenever a country bans Bitcoin exchanges or hurt it in a certain way, the decrease in its value is noticeable. When holidays are coming, it would soar most of the time but during holidays the value declines. There are many other factors for these fluctuations. |
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merlyn22
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January 19, 2018, 07:11:35 AM |
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very true. it is very hard to predict which token or crypto are going to rise or down fall. being a trader need to focus always on the market cap...trading is like a gambling which we cannot predict if we gonna make profit or being busted sometimes needing knowledge and good luck ....
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proTECH77
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Bisq Market Day - March 20th 2023
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January 19, 2018, 07:37:19 AM |
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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 beauty of trading, is the unpredictable nature of the market. If it were to be predictable, everyone will know when to buy and when to sell. So, for the fact that it is not predictable, means that skills are being required to actually make something out of the market, and the above mentioned factors are needed. |
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BeCryptonom1
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January 19, 2018, 08:57:10 AM |
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That's why I love trading because I like adrenaline and profit
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Bonakid
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January 19, 2018, 09:39:57 AM |
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Yes being a trader is unpredictable going high and going low ,expect the unexpected for the price value that always surprise us.We cannot always predict the price in the market ,we cannot explain what's going on everytime it flactuates.But we do always expect pumps and dumps of price .
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Fujiati
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Ethernity CLOUD
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January 19, 2018, 10:06:58 AM |
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I think tarding is not an unexpected job ,, for trading we have to observe, to analyze, to find information about coins that we will trade, maybe some of the traders who do not use the above techniques, but to get maximum profit we have to know the market, I sense of trading in the category of statistical work
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rejin29x
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January 19, 2018, 12:02:35 PM |
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Trading is quite unpredictable and difficult to calculate.
The moment you think it's about to get rossy, then it comes clashing down and all that.
You might follow up on a coin for sometime, yet you can't easily say how it will be be in the next few weeks.
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cepedacharles
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January 19, 2018, 12:25:57 PM |
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Trading becomes less an unpredictable job when you trade bitcon....Bitcoin has become more and more stable in recent years, while on the opposite the global economy has shown signs of constant instability. This stability allowed it to gain the confidence of the financial markets. In addition, historically, stable periods are always followed by periods of increase, suggesting that the value of Bitcoin should increase in the coming months and that this is an interesting investment in portfolio diversification.
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xCryptoManiaX
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January 19, 2018, 02:58:50 PM |
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Well if it was unpredictable people wouldn't do it. TA guys earn the most IMO.
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yvesp110
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January 19, 2018, 08:07:20 PM |
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Yes being a trader is unpredictable going high and going low ,expect the unexpected for the price value that always surprise us.We cannot always predict the price in the market ,we cannot explain what's going on everytime it flactuates.But we do always expect pumps and dumps of price .
To some extent, it is simple that trading is predictable job but for that you really need to gather some good amount of knowledge. Only then you can make reliable prediction on which you can rely and can make the decisions. Otherwise, it usually happens that all your prediction goes wrong and as a result of it you sometimes suffer some loss as well. You need to prepare yourself for every kind of circumstances. |
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vinbentrob
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“Tackling Climate Change Using Blockchain”
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January 19, 2018, 08:21:56 PM |
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Indeed very unpredictable job. The unknown factor is always constant in cryptocurrency trading. These are coins that may not be successful that we trade day in and out.
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carodupuis
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Live cams shows pimped with cryptocurrency on Sexy
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January 20, 2018, 05:48:41 AM |
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Absolutely, its very hard to become a successful trader because you will need a lot of patience, courage and time but its worth when you achieve what you wanted its very heart fulfilling. A big funds is a must so you cannot force quit when you lose due to unpredictable movements and instinct mistakes.
Hard things take you to hard work and flows you out to successful resists at the end. Bitcoins are incredible and it is so hard for a person to trade in bitcoins and then earn money. Like it requires much of the hard efforts to be put by this person so that better results can be achieved. Patience and quality time, these two factors are required from the user to form a good output. |
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naidray
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January 20, 2018, 10:26:04 AM |
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Yes, but it's the only job that can make you rich!
If you don't like the risk, take a normal 9 to 5 job!
Trading isn't the only way to make you rich. There are a lot of jobs out there which can make you become rich too. More importantly, you really need to control your emotion and greed when you trade. But you cannot deny this fact that this profession can make a person really rich if he has the required skills, especially when there is an option like bitcoin which has a very fluctuating nature. Trading is a very risky profession, a challenging one but it is what it makes more real than many other methods. It is worth trying out and traders and merchants are very rich people, really rich. Plus, this is a respected tradition. |
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Jaci
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January 20, 2018, 02:54:01 PM |
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Because trading is just the common use of people to earn money because they buy a bitcoin and then trade it with another coin to make money, because bitcoin is just the common thing they use to earn money even if they do not enter it in trading every day the bitcoin price rises and every day bitcoin .
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bealjulian
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January 20, 2018, 03:33:36 PM |
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I think there is no consistent victory in gambling because we can not always win and will surely lose. In contrast to the trade, although extremely difficult and uncertain, but we must have the skill to be able to get the advantage and it can be learned
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elston6x
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January 20, 2018, 03:34:37 PM |
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You can predict your own and set your own margin to make a profit you dont need to bet or something like in gambling because gambling you will lose there and you can not recover anything.. unlike in trading that you can recover some partial of loses, taking a view of different aspects of the economy, and trying to associate the different factors that interfere in the market
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pissyas
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January 20, 2018, 03:35:58 PM |
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As a trader i can have the chance of getting good results of trading by those kind of methods which i can use as a basis on predicting how the bitcoin or the price will go after a pump or dump but i can't guarantee you that it will work all the time. Trading as a source of living is only something that is possible for the elite traders, and not for the average trader here
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