Is trading just educated guessing?

[franco123]

Actually yes it is. Trading in Bitcoin is difficult as it has a high volatility of prices and it is impossible to have an accurate prediction of price. It is an educated guessing in a sense that the prediction on when to buy at low price and sell at high price is supported by both fundamental and technical analysis.

But this is really part of trading. The risk of trading and investing. Which is also applicable to other investments. Because being an investor, you also need to be aware of the risk that the investments has.

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[gabmen]

yes it is. Base on many signs and charts, you can predict how the price of coins will go and how they will fluctuate The more you learn, the more correct prediction you can make. Moreover, you also learn many things from trading such as being patient/

Though an exact prediction would almost be impossible, you're right. You're guessing based on facts that will affect the movement. Smart people are not afraid to make guesses as long as there's research to back it up

[Sled]

yes it is. Base on many signs and charts, you can predict how the price of coins will go and how they will fluctuate The more you learn, the more correct prediction you can make. Moreover, you also learn many things from trading such as being patient/

Though an exact prediction would almost be impossible, you're right. You're guessing based on facts that will affect the movement. Smart people are not afraid to make guesses as long as there's research to back it up

That is the right thing to do in making a guess in bitcoin. You need to do some research first so you will have a basis in making prediction about the price of bitcoin and if you will do better and better research, you will have more ideas and concepts that you can base your prediction and the price of bitcoin is easy to guess if you have a lot of knowledge and information around your head.

[Aureliusy]

Trading = Overrated Non Creative Shit. World would have had no progress if Satoshi was a trader.
It really amazes me society does reward trading so much ..looking out for the most popular
brand of the day. Meanwhile dumping all that support as soon as there is an increase/decrease. They are like supporters that switch teams several times a year. No long life commitment.

[Images21]

Can you really be sure you will profit unless you have insider info?

There is no assurance actually. Unless a certain coin is announcing a really big development of their project, the movements are normally fluctuating in such a manner that you can say to a certain extent that "trading is just an educated guess." But of course, there are charting skills that will guide mostly those that are very skillful crypto traders. They do not just purely guess.

[Bitcoincole]

Can you really be sure you will profit unless you have insider info?

There is no assurance actually. Unless a certain coin is announcing a really big development of their project, the movements are normally fluctuating in such a manner that you can say to a certain extent that "trading is just an educated guess." But of course, there are charting skills that will guide mostly those that are very skillful crypto traders. They do not just purely guess.

Trading in any type of industry is not 100% guaranteed to have a profitable result. It has many factors to be considered including the economy status and your plan of approach. If educated guessing "means product knowledge and thorough research on the thing/product/bitcoin" so maybe thats the term. In bitcoin  on the other hand is more complex because more often you don't know personally the person you are trading to so its your guts and instinct that you are relying most of the time.

[real eyes realize]

Can you really be sure you will profit unless you have insider info?

I think success in trading is a result of luck and knowledge compound. Although the all your plans or the studies, your decisions can bring you really bad nightmares. So, every trader must be consider about the bad luck beside of their knowledge.

[nikitano]

I do not feel so, because for me investing is just a match done by adults who presently know the work.

[bigdude]

educated guessing YES!
You have to guess what will be next action by Whale.
Certainly you have take care about GOV info release.
Finnaly that's your luck

[justspare]

Trading can be view as educated guessing especially when you trade just with one particular asset(this sort of as Bitcoin). You solely rely on the estimation of how the currency is gonna evolve. That is why if you truly want to trade, you need to diversify. If you want to consider trading seriously, you need to start off buying and selling on more belongings. Almost everything is just about calculating on probability.

Business is all about finance and accounting. You have to make mathematical calculations, the ratios, the propositions, the shares and all that mathematics attached with business. You can’t move forward if you don’t know how to make better decisions on facts and figures. Like you said, it is only probability that is going with you along the path, and you become capable of taking good decisions.

[logicgate]

yes it is. Base on many signs and charts, you can predict how the price of coins will go and how they will fluctuate The more you learn, the more correct prediction you can make. Moreover, you also learn many things from trading such as being patient/

Though an exact prediction would almost be impossible, you're right. You're guessing based on facts that will affect the movement. Smart people are not afraid to make guesses as long as there's research to back it up

Trading, in my opinion is far more than that of educated guessing. Educated guessing can in fact help us in making good understanding of the things related to that of trading. But alone educated guessing cannot serve the purpose. You need to learn so many other things as well like that of chart analysis, getting more knowledge and keeping yourself up-to-date along with keeping control over your emotions.

[Cavyanpo]

I will not think investing crypto currency cash is a visitor training or work simply because, when you gamble or guest in investing crypto currency you will have large tendency of loosing. A excellent trader will study the cash very properly ahead of buying. In investing, you will need good knowledge of technological evaluation and fundamental analysis ahead of you do well and not to visitor of what will occur in the market.

[quantumcomputing11]

It isnt just educated guessing and yes you can do something other than just guessing. That is use indicators and previous examples of how market went through structures. Knowing this kind of information can help you make

better decisions and therefore make you an educated trader and not somebody who is guessing all the time. There are many sites out there to help you gotta use that google search

[Fatunad]

It isnt just educated guessing and yes you can do something other than just guessing. That is use indicators and previous examples of how market went through structures. Knowing this kind of information can help you make

better decisions and therefore make you an educated trader and not somebody who is guessing all the time. There are many sites out there to help you gotta use that google search

You do have a point but somehow trading does really corresponds sometimes on making up a guess knowing that its nature price are way unpredictable on which we would really make use of those indicators and news which would really be applied on our guess which i do agree on the word on an educated guessing which is actually true but if you do know already the trading ideas it wont really be a guessing anymore.

[_Dawid_]

It is not about educated guessing, but of course you can trade this way if you want. To be honest trading is much more, but the question is whom trader are you? If you bought for lower price than currently selling you can call yourself trader, also person who make research, check news all day and read charts(looking for some hidden patterns) you are also trader. Everyone has own career path and in each one you can call yourself trader.

[Monta3002]

I can say yes, just learn how the coin works in the market get updated in their social media sites so you will know when will it gonna rise

[ROB18]

Can you really be sure you will profit unless you have insider info?

Not at all. Trading with bitcoin requires you to follow the price flow, current events that might change the price and also a little luck.

Correct, its a combination of all these.  One need to educate himself/herself on the price flow, current events and yes a bit of luck.  That's why you really need patience and a lot of study on the flow of prices.

[ASHLIUSZ]

To some extent it's purely an educated guess, which needs strong knowledge base to analyze the market as well to predict the moves in a close manner to the respective asset. Here at times people get lucky to earn even when they had made some wild guess, so it's partially similar to gambling where end result is unknown till the end.

[Pixyoxx]

Guessing may give profit  to you once or twice but in the long run it is not gonna help. What will help is your knowledge about the field you are investing/trading in and thorough research about it.

[chip211]

Can you really be sure you will profit unless you have insider info?

Of course I would be more profitable if there was internal information. When you know something in advance, you can buy or sell it to increase the profits you can achieve.