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Distinctin
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December 08, 2017, 06:01:20 AM |
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Can you really be sure you will profit unless you have insider info?
No, you cannot be sure but it does not mean you cannot gain a profit. Trading is risky and that is why on everything there are fundamentals and technical analysis. In a way yes it is an educated guessing, but you can make the odds better if you know what you are doing. I think before making a choice and guessing of course trader will collect a lot of information, is it coin potential or not? or is this the right time to buy or not? if we are confident with the information then we will guess, certainly not 100% sure because the trading risk exists Decision making is based on us and in order to make a good decision, we need to study the coin that we are interested in risking our money. It's all about taking risk because we do not know the future, when we trust there should be a big basis so we will have a bigger chance of being successful. |
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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selectaselectine
Member
 Offline
Activity: 235
Merit: 16
I-CHAIN - The Revolution of Digital Advertising
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December 08, 2017, 06:11:21 AM |
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Probably not because when it comes to trading you have to analyze how the system works since it can quite risky, especially when you're still not an expert in trading.
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swordling143
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December 08, 2017, 08:39:03 AM |
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Can you really be sure you will profit unless you have insider info?
I don't think so. I think trading is more than that. It is a carefully strategic way of earning money. One cannot just indulge into trading immediately. There are factors to be considered depending on the trade and what to trade. In our case the coins. The coins that we usually trade or volatile which can either make us earn or lose, so we need to study that first. |
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bapetdik
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December 08, 2017, 08:42:55 AM |
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Can you really be sure you will profit unless you have insider info?
If you have to do trading I think we need research first. Trading can not be done in a hurry. It takes consideration of right thinking. If not we will not profit and even become a loss. |
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jonatuzc
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December 09, 2017, 08:55:48 AM |
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Can you really be sure you will profit unless you have insider info?
No, you cannot be sure but it does not mean you cannot gain a profit. Trading is risky and that is why on everything there are fundamentals and technical analysis. In a way yes it is an educated guessing, but you can make the odds better if you know what you are doing. I think before making a choice and guessing of course trader will collect a lot of information, is it coin potential or not? or is this the right time to buy or not? if we are confident with the information then we will guess, certainly not 100% sure because the trading risk exists Yes, There is no one who is ready to risk their money without any information regarding the coin he is trying to invest. Everyone loves money and it is really hard to earn it and this is the only reason no one is willing to waste it on useless things. There is no one fool enough to waste money on useless things. People do a lot of research before investing into any coin because the altcoins are really very risky and they can dodge you any time. |
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kimochidesh
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December 09, 2017, 10:20:31 PM |
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Traders often use their technical knowledge and experience to predict a trade. But again it is just a prediction not a calculation....so it is not wrong to say that that trading is educated guessing. Your guesses or predictions start being accurate when you learn all the techniques and its application in live trading.
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Eternu
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December 09, 2017, 10:27:04 PM |
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In trading business even with insider it is hard to make profit sometime. With bitcoin its even harder I guess, because price fluctuate a lot, and it depends on many things. We must also take in consideration that bitcoin is not common trading thing. My opinion is that there is nothing like certain earning in bitcoin trading world. Everything that person can do is to follow price, worlds events, and its own instincts... and even with that all there is no 100 percent certainty.
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vinz7229
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December 09, 2017, 11:36:46 PM |
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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. That's true, I doesn't mean that if you enter trading you'll just guessing the price of Bitcoin. There are things that need to learn. Just like learning how to red the bar graph of each alt coins, in trading you must know how to red each bar, you size should also consider each color and size of the bar. And the most important thing is always check it's 24hours high and low so you could check if that coins is really moving. So trading is not just learning it takes a lot of experienced. |
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Feuerbach
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December 10, 2017, 12:13:20 AM |
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Can you really be sure you will profit unless you have insider info?
No, trading is not just guesswork. In trading there is a methodology for analyzing the market, asset and so on ... |
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Sled
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December 10, 2017, 12:24:19 AM |
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Can you really be sure you will profit unless you have insider info?
No, trading is not just guesswork. In trading there is a methodology for analyzing the market, asset and so on ... It will end up there. If you are doing an analogy in the market then you will use different methods to find out what is happening and what are the possible things that can happen in the market and that is where the guessing enters because you need to guess the possible movement of the market and that will either give you profit or loss. |
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fuer44
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December 10, 2017, 12:28:23 AM |
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Can you really be sure you will profit unless you have insider info?
No, trading is not just guesswork. In trading there is a methodology for analyzing the market, asset and so on ... It will end up there. If you are doing an analogy in the market then you will use different methods to find out what is happening and what are the possible things that can happen in the market and that is where the guessing enters because you need to guess the possible movement of the market and that will either give you profit or loss. yes, I agree with that. but trading also takes courage, whether dare to buy for current prices and speculate, with considerable risk. almost similar to gambling. |
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maariyaam
Newbie
Offline
Activity: 75
Merit: 0
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December 10, 2017, 01:17:32 AM |
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There are a lot of indicators to look at when you want to predict what will happen in the market. One thing is the chart. Traders always look at indicators in the chart, they read it. But of course news or updates could be the lead for them to look at the chart. We really do not need always an insider info.
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cexylikepie
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December 11, 2017, 06:10:33 PM |
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Can you really be sure you will profit unless you have insider info?
No, trading is not just guesswork. In trading there is a methodology for analyzing the market, asset and so on ... It will end up there. If you are doing an analogy in the market then you will use different methods to find out what is happening and what are the possible things that can happen in the market and that is where the guessing enters because you need to guess the possible movement of the market and that will either give you profit or loss. yes, I agree with that. but trading also takes courage, whether dare to buy for current prices and speculate, with considerable risk. almost similar to gambling. Buy Bitcoin at current price for long term investment is really bad choice and just noob trader have this decision. Honestly, I want to buy Bitcoin at $10,000 or low more. Because the current price of Bitcoin is not reasonable while the Altcoin price are lower than Bitcoin many much. A cryptocurrency market should not for only Bitcoin, we need Bitcoin and Altcoin. |
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Marianmariana
Newbie
Offline
Activity: 28
Merit: 0
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December 12, 2017, 05:44:07 PM |
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Long term retains somany things that aren't certainfor now. Bitcoin might remain on leading for a long time but certainly everyone knows at some point another thing may come on top.
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geopolisch
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December 15, 2017, 11:04:02 AM |
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Can you really be sure you will profit unless you have insider info?
No, trading is not just guesswork. In trading there is a methodology for analyzing the market, asset and so on ... It will end up there. If you are doing an analogy in the market then you will use different methods to find out what is happening and what are the possible things that can happen in the market and that is where the guessing enters because you need to guess the possible movement of the market and that will either give you profit or loss. yes, I agree with that. but trading also takes courage, whether dare to buy for current prices and speculate, with considerable risk. almost similar to gambling. Buy Bitcoin at current price for long term investment is really bad choice and just noob trader have this decision. Honestly, I want to buy Bitcoin at $10,000 or low more. Because the current price of Bitcoin is not reasonable while the Altcoin price are lower than Bitcoin many much. A cryptocurrency market should not for only Bitcoin, we need Bitcoin and Altcoin. Things depend on the situation and we can’t say anything about trade. Yes educated is the best option ever and everyone should do that but I think in every place education can’t work because sometimes luck also work. If a person is clever then for trade he don’t need any serious education for trade but on the other hand if a person is a fool then even his education is also useless and can’t help him. |
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hashtag101
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December 21, 2017, 09:29:22 PM |
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Can you really be sure you will profit unless you have insider info?
No, trading is not just guesswork. In trading there is a methodology for analyzing the market, asset and so on ... It will end up there. If you are doing an analogy in the market then you will use different methods to find out what is happening and what are the possible things that can happen in the market and that is where the guessing enters because you need to guess the possible movement of the market and that will either give you profit or loss. yes, I agree with that. but trading also takes courage, whether dare to buy for current prices and speculate, with considerable risk. almost similar to gambling. Buy Bitcoin at current price for long term investment is really bad choice and just noob trader have this decision. Honestly, I want to buy Bitcoin at $10,000 or low more. Because the current price of Bitcoin is not reasonable while the Altcoin price are lower than Bitcoin many much. A cryptocurrency market should not for only Bitcoin, we need Bitcoin and Altcoin. Things depend on the situation and we can’t say anything about trade. Yes educated is the best option ever and everyone should do that but I think in every place education can’t work because sometimes luck also work. If a person is clever then for trade he don’t need any serious education for trade but on the other hand if a person is a fool then even his education is also useless and can’t help him. It's depends on the ability of each person. Although you know the master of trading and this master earned many money from cryptocurrency trading, but if you are stupid, you can't understand anything from the knowledge of this master  . |
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maaydin
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December 21, 2017, 09:32:15 PM |
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In my opinion trading is not just educated guessing, because you have to make analysis, search for news, and understand the psychology of the crowd so it is not guessing.
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djselery
Legendary
Offline
Activity: 1386
Merit: 1001
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December 21, 2017, 09:33:22 PM |
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Trading is not only guessing because there are many factors needed to make good and successful trades except education and knowledge. Gambling is more likely to be a pure guessing while trading need also that people make their researchs carefully about the coins before dealing.
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Brunusmagnus
Member
Offline
Activity: 158
Merit: 11
Omnity - Unifying Knowledge For Faster Insight
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December 21, 2017, 09:35:46 PM |
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Any choice in life can be considered as an "educated guessing", as nothing can be sure at 100%.
This is true also for physics law, of course. So, educate yourself, and take good trading decisions :-)
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taktik
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December 21, 2017, 10:45:53 PM |
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Trading is not only guessing because there are many factors needed to make good and successful trades except education and knowledge. Gambling is more likely to be a pure guessing while trading need also that people make their researchs carefully about the coins before dealing.
The fact is that trade and gambling are very similar to each other and primarily because of risks and because of the use of their intuition. |
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