Is trading just educated guessing?

[andrei56]

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

Investment always involves risk. In order to lessen the risk you should study about the thing where you invest your money with, which will be your insider information. You need to have knowledge about things to know what are the do's and don'ts, to also avoid loss of money. If there'll be less risk, you'll be somehow assured of your profit.

Studying your investment is not the same as insider information, insider information is to have information that you cannot expect as a trader to have, for example if you were friends with the developer of a coin and he told you that the product was going to be released in the next two months then you can buy tokens cheap in the market then when the product comes out you can make a lot of money thanks to the information you received.

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[Smarty14392]

i have never tried trading , i have btc but dont know which is the best way to invest for good profit

It is great if you have never tried trading with bitcoins and I will strongly recommend you not doing trading with the most expensive coins. Trading is not everyone and there are always maximum chances of going in loss while trading. You simply keep your coins in wallet and that too offline one, soon bitcoins will generate nice profits.

[redsun114]

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

Investment always involves risk. In order to lessen the risk you should study about the thing where you invest your money with, which will be your insider information. You need to have knowledge about things to know what are the do's and don'ts, to also avoid loss of money. If there'll be less risk, you'll be somehow assured of your profit.

Studying your investment is not the same as insider information, insider information is to have information that you cannot expect as a trader to have, for example if you were friends with the developer of a coin and he told you that the product was going to be released in the next two months then you can buy tokens cheap in the market then when the product comes out you can make a lot of money thanks to the information you received.

Of course yes, you can say that trading is an educated guess made by professionals in the market. Traders use their previous experiences and market intelligence to make rational decisions to either buy more bit coins or sell them in the market to have profits. This educated guess is beneficial for them somehow.

[andycarrol]

yes, sometimes it is just educated guessing and beliefs, but that the risks are so high. so I have to analyze and follow a price movement.
 

[palle11]

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

Yes I think so that you can trade and make profit without insider information in such a way that if you have studied the market and understand the language of the market , you can then follow it. Two is, there is what is called trend. This is pattern or repetition of what has happened before in the market, history sort of. Then, we have our instinct and luck leading us sometimes too. This instinct and luck could help us to make appropriate decisions as if we have been guided by an informer. This happens in our trading and also gambling (football too).

[offlinedragon]

With no edge it is double edge sword. You will gonna to damage your self..

Trading in my opinion is double edged sword when you are involving expensive coins such as bitcoins. I never suggest trading with bitcoins. Trading is meant for altcoins; even if you go in loss with altcoins it is quite recoverable.

But on the whole, we all know that trading is not for everyone and only few people are able to make profits in trading.

[Monnt]

With no edge it is double edge sword. You will gonna to damage your self..

I guess for getting profit from trading is not required to know the insider if you want to earn profit. You have to look and watch the market and graphics movements on the altcoin you're going to trade, and you better start with altcoins that have active movement. If you are ready with the risks you can start with high confidence.

But I think trading is not just limited to educated guessing. It is something beyond it. It needs you to be practical, you need to have a good knowledge of what’s going on in the market. You need to make smart decisions based on your learning and skill set. You need to have a lot of personality traits especially patience and hard work.

[xFiber]

With no edge it is double edge sword. You will gonna to damage your self..

I guess for getting profit from trading is not required to know the insider if you want to earn profit. You have to look and watch the market and graphics movements on the altcoin you're going to trade, and you better start with altcoins that have active movement. If you are ready with the risks you can start with high confidence.

But I think trading is not just limited to educated guessing. It is something beyond it. It needs you to be practical, you need to have a good knowledge of what’s going on in the market. You need to make smart decisions based on your learning and skill set. You need to have a lot of personality traits especially patience and hard work.

I agree with you on this one that you can make very profitable trades just by studying the space and markets. But in the end there always is a small percentage of luck that you need in order to pull off a big profitabe trade. You also have to be able to control your emotions fully. It's often better to write your plan on paper in order for you to avoid stupid actions when you have an open trade.

[Periodik]

Honestly I am not very good at charts so more likely an educated guess. Strong fundamentals plus familiarity on the market accompanied with some noobish technical analysis. Still I am able to get very good gains maybe because first half of this year it was very bullish.

[palle11]

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

Sometimes you don't actually need insides information, your intuition guides one to go into a particular trade either to place an order for sell or buy. By intuition I also mean that we should know that a drop in bitcoin particularly does not mean is dead but that it is temporal and so a nice time to buy.

[UsernameBitcoin]

Trading is definitely educated guessing. You must know what you are doing and never make a rash decision and also focus hard or you will lose all your money.

[darewaller]

With no edge it is double edge sword. You will gonna to damage your self..

Trading in my opinion is double edged sword when you are involving expensive coins such as bitcoins. I never suggest trading with bitcoins. Trading is meant for altcoins; even if you go in loss with altcoins it is quite recoverable.

But on the whole, we all know that trading is not for everyone and only few people are able to make profits in trading.

I think there is no other better option than doing trading with Bitcoin, but for the person who knows the actual trick of doing trade. As far as trading is concerned, I think it is far more than just educated guessing. It requires you to be smart and wise enough in order to make good decisions.

[wahb]

With no edge it is double edge sword. You will gonna to damage your self..

I guess for getting profit from trading is not required to know the insider if you want to earn profit. You have to look and watch the market and graphics movements on the altcoin you're going to trade, and you better start with altcoins that have active movement. If you are ready with the risks you can start with high confidence.

But I think trading is not just limited to educated guessing. It is something beyond it. It needs you to be practical, you need to have a good knowledge of what’s going on in the market. You need to make smart decisions based on your learning and skill set. You need to have a lot of personality traits especially patience and hard work.

I agree with you on this one that you can make very profitable trades just by studying the space and markets. But in the end there always is a small percentage of luck that you need in order to pull off a big profitabe trade. You also have to be able to control your emotions fully. It's often better to write your plan on paper in order for you to avoid stupid actions when you have an open trade.

Yes I agree with you. Trading is not an easy job not only in bitcoin but in all the fields of life. I also agree to this only educated guessing is not enough you must have the skills, ability, information and the complete knowledge about that specific thing. Then you will be a successful tradesman. Otherwise if you just believe if educated guessing you may lose your investment.

[Paid Piper]

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

Sometimes you don't actually need insides information, your intuition guides one to go into a particular trade either to place an order for sell or buy. By intuition I also mean that we should know that a drop in bitcoin particularly does not mean is dead but that it is temporal and so a nice time to buy.

For a good market analysis you should have the knowledge about the market values and cap of a particular thing. Educated guesses in my opinion are nothing without skills and ability. You noticed that the recruiters never hire a fresh degree holder, he always prefer to experienced one. Why? Just because he cannot take a risk, otherwise if he do so then he may confronted with a big deficit in his business.

[audrey12]

Not really because when you trade you need to study the market before putting any of your money for investment surely you will have a back ground check regarding the asset unless you just trade without thinking which is the best that's maybe trying your luck

[Blamsud]

Not really because when you trade you need to study the market before putting any of your money for investment surely you will have a back ground check regarding the asset unless you just trade without thinking which is the best that's maybe trying your luck

Trading requires knowledge,it's not just guessing. We do need to have experienced and know how to analyze the coins status whether it will be its peak or not.

[Kotone]

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

Trading is in every little way based on educational guessing it is done when you have successfuly studied the market, the trends and by using your gut instict which you based on your experience that you have deduced cia your tendencies. That is why trading is educational guessing.

[Wyre08]

Yes, trading is educated guessing. Otherwise you're guessing/gambling. If you're not watching MAs, trendlines, technical levels, news, or something then you're buying into hype and gambling that whatever you're reading is correct. To be successful at trading you have to be either lucky or disciplined.

[mdripon]

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

Not at all place. trading is technic,you have to see trading up and down. you have to understand this you trading fairly.so,Is not trading just educated guessing you join tard and try to understand.

[zoata87]

yes, sometimes it is just educated guessing and beliefs, but that the risks are so high. so I have to analyze and follow a price movement.
 

Agree technical analysis is a great tool to manage the risks. You can trade by guessing but the risks will be higher