Is trading just educated guessing?

[onrise]

Accurate calculations will not help you to constantly get a stable income, but simple guessing based only on luck is too risky.

Well simple guess is 100% risk and there is no skill required just like in gambling of slots machines, roulette etc. This are based on your luck. While in trading its your skills + luck as well play a part. You should know when to buy/sell to get the maximum profits.

[EdenHazard]

You certainly can not advance with guessing. Education is a must in this regard as it is in every case.If you are educated about   economic trends.You can guess a lot of things.But if you are not educated.Your guesses will surely make you profit loss and  economic damage.

Economic trends has no relation in crypto currency since it does rely on the volume/quantity of itd investors. Guessing sometimes are profitable yet it's better to read every updates so you can know which coin has a potential to pump.

there is a relation of course , you know when certain country have an economics trouble like when greece with their bank doors slammed shut, they go for bitcoin and it is automatically drive to the increased demands , then the price of bitcoin go up .

you need to look situation around , analyze it and find the relation between , then predict it ( a little bit like guessing but it is not )

[Barbut]

I like how OP compiled this question `is trading just educated guessing`. This term describe gambling more then trading, but in many cases for us ordinary users this is completely accurate, we open exchange we look at trading volume, we see the news, we take a look on chat to see what people are talking, and in the end what we buy? We follow feelings, or we make a guess, cause not everyone here have information about upcoming changes in alt-coin world.

[megynacuna]

Accurate calculations will not help you to constantly get a stable income, but simple guessing based only on luck is too risky.

Well simple guess is 100% risk and there is no skill required just like in gambling of slots machines, roulette etc. This are based on your luck. While in trading its your skills + luck as well play a part. You should know when to buy/sell to get the maximum profits.

From what you're saying it goes to confirm the OP that it's an educated guess because we predict or act on information we receive before we set our trading parameters just like gambling.

[pinkflower]

Accurate calculations will not help you to constantly get a stable income, but simple guessing based only on luck is too risky.

Well simple guess is 100% risk and there is no skill required just like in gambling of slots machines, roulette etc. This are based on your luck. While in trading its your skills + luck as well play a part. You should know when to buy/sell to get the maximum profits.

From what you're saying it goes to confirm the OP that it's an educated guess because we predict or act on information we receive before we set our trading parameters just like gambling.

If you act on information even though its incomplete its not to be considered as pure gambling. Its more like a calculated risk. Taking those kinds of risk is a skill be it in business or in trading and some skill based card games.

[HanSchultz]

From what you're saying it goes to confirm the OP that it's an educated guess because we predict or act on information we receive before we set our trading parameters just like gambling.

You can very much coin the term with gambling but here in the virtual world if you are following the team news and their development then you will understand when the price is going to climb and then you can make an investment to make a profit,it is speculation for the most part but the fundamental coins gets a good rally if there is a positive news.

[Yatsan]

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

Trading is not about guessing is about analyzing the market price of a certain coin to invest with. Because the trading is all about that you need a information first for you not to blind trade because blind trading is the reason why many traders are losing.

[TastyChillySauce00]

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

Trading is not about guessing is about analyzing the market price of a certain coin to invest with. Because the trading is all about that you need a information first for you not to blind trade because blind trading is the reason why many traders are losing.

There's no obvious fact of whether the price will increase or decrease, the information which you obtain from your analyzation itself is actually exists to help you make your guessing so it can be called educated guessing supposedly.
And keep in mind that sometimes an information could get you wrong, something there's an information popping out telling that it's a sign of price pumping but thing happens the opposite, It's from my very own perspective based on my experience. Though people may find it out different so it's up to whom to consider.

[Inkdatar]

Trading is not about educated guessing it requires skills, knowledge and analyzation. Need for analyzation when is the right time to sell your holding coins. If you dont have these loses will experience.

[cafucafucafu]

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

No definitely not.

Basically everything from trading forex to options are a bit of a gamble. Educated guessing would be the best you can achieve as a big investment bank, the average Joe is basically gambling with his savings to be honest.

Also even if you have insider information, not only is that illegal, you also don't know the legitimacy of the information until you actually do the trade.

Stay away from trading if you have 0 experience, not for you.

[rickadone]

Nope. I don't think that trading is just educated guessing because if you are a true trader, you will not just guess what will be the price or the move of a particular cryptocurrency coin because you will do a lot of research and a lot of analyzation because that is how you things can be done especially the decisions that you will make in your trading journey great.

As far as I know an educated guess is not a guess done just because, an educated guess uses knowledge and experience in the field in order to try to better predict the outcome, so in my opinion trading successfully is in fact an educated guess.

Yes, only an experienced person can have knowledge in guessing and it is not possible to person who is very new and fresh to trading. Exactly, the prediction will become true only when he as proper and exact guessing on the market.

Yeah I agree for a beginner, this is not even possible because the crypto trading is not that simple you have to look at to many things while you trade. It is not only the price of the currency which should be reason of choice to trade because the crypto market can easily be manipulated.

[qiwoman2]

Just like you would do for forex trading, you need to spend time analyzing the charts and markets and also reading up on fundamental analysis as well, daily news etc for whatever digital currency you want to trade, including Bitcoin. Unless you want to just buy BTC and go long on it and forget about it for a few years. 

[Polar91]

Trading is not about educated guessing it requires skills, knowledge and analyzation. Need for analyzation when is the right time to sell your holding coins. If you dont have these loses will experience.

Trading with crypto coin is not like forex where in you have to acquire proper analyzation and knowledge. Trading with crypto coins just require perfect timing, being updated in the current news and a knowldge/tp when is the entry and exit point. No one can make a perfect analyzation in trading but being updated on the current news will help you to make a great trading.

[Azurecde]

90% of trading is based on the studying the coin background which you are trading , like technical and fundamental analysis . and 10% is guessing like taking risk on ICO's.

[Golftech]

Trading is not about educated guessing it requires skills, knowledge and analyzation. Need for analyzation when is the right time to sell your holding coins. If you dont have these loses will experience.

skills and experience will be the learning path for most of the well established traders as they really taking it seriously not only to guess
or assess but they really try understanding how and why a certain moves happen, you will be eaten alive if you will just guess while you
are inside the trading business.

[Wipro]

90% of trading is based on the studying the coin background which you are trading , like technical and fundamental analysis . and 10% is guessing like taking risk on ICO's.

This seems best way tactics to follow to be success in trading. Mostly we need to follow the price flow carefully to set the right value in the trading exchange. Nowadays trading site seems like a desert due to price has increased in the chart. All the people are holding the bitcoins to find the profit in future.

[btc_angela]

90% of trading is based on the studying the coin background which you are trading , like technical and fundamental analysis . and 10% is guessing like taking risk on ICO's.

This seems best way tactics to follow to be success in trading. Mostly we need to follow the price flow carefully to set the right value in the trading exchange. Nowadays trading site seems like a desert due to price has increased in the chart. All the people are holding the bitcoins to find the profit in future.

It involves educated guess based on your technical skills and how you read the market trend. But yes, nowadays its hard to read the bitcoin and even alt-coins market because of the continue rise of the price. So its better to hold for now and just sell it to gain profit and then continue to buy another coins to see if your 'educated guess" will come true.

[Malsetid]

90% of trading is based on the studying the coin background which you are trading , like technical and fundamental analysis . and 10% is guessing like taking risk on ICO's.

This seems best way tactics to follow to be success in trading. Mostly we need to follow the price flow carefully to set the right value in the trading exchange. Nowadays trading site seems like a desert due to price has increased in the chart. All the people are holding the bitcoins to find the profit in future.

It involves educated guess based on your technical skills and how you read the market trend. But yes, nowadays its hard to read the bitcoin and even alt-coins market because of the continue rise of the price. So its better to hold for now and just sell it to gain profit and then continue to buy another coins to see if your 'educated guess" will come true.

Well you can also get tips from people who have a whole lot of experience in trading. These people have been dealing with altcoins and bitcoin for quite a long time already so when you talk about educated guesses, these people should be considered for inputs. There are reasons why people become successful traders and I think experience is the most valuable thing you have to acquire

[thebestgamer]

Trading is just being able to recognize that the price is likely to go up and down and placing bets in anticipation of your prediction. if your prediction is right, you make money, if it isn't, you lose. Most people use technical analysis to predict prices.

[Sled]

Trading is just being able to recognize that the price is likely to go up and down and placing bets in anticipation of your prediction. if your prediction is right, you make money, if it isn't, you lose. Most people use technical analysis to predict prices.

That makes trading a educated guessing because you need prediction and also knowledge to make better decision and also make profits from your trading activities. Trading is not just like predicting the price because if you will depend on that then you will end up losing your money or often lead to losses while if you add some knowledge to that like reading charts and news then you will come out with a better view for the possible prices.