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Author Topic: Is trading just educated guessing?  (Read 22845 times)
drunkbillmurray
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December 21, 2017, 10:46:53 PM
 #821

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

Of course.... people always suggest you to hold your cryptos til it's value increase over the one bought.
markk94
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December 21, 2017, 10:49:15 PM
 #822

trading in cryptocurrencies based trade is kinda different from forex trading or else in my opinion. because, my trick on trading in cryptocurrencies is just reading the news and public discussion about "X" coin and then just speculate it a little bit and put some trust too  Smiley
Andrej Peiboski
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December 21, 2017, 11:23:24 PM
 #823

Not at all, if you know the job: with a good strategy and experience, you can achieve a success rate of 80%
(I'm talking about Forex; crypto actually is more risky; but with method, you can earn really a lot)

morrisby25
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December 26, 2017, 09:53:58 AM
 #824

I think that is guess without education sometimes lol, for right now not many people knows much about BTC
According to me for doing trading you need to be educated and also need some experienced because trading is not easy it need a lot of work and technique so if you have good experience then you can make enough profit by doing trading and can make an excellent trading.
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December 26, 2017, 09:56:46 AM
 #825

It's not educated guessing. A lot of things is involved. You need to follow the charts and market trend.
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December 27, 2017, 06:29:06 PM
 #826

Trading is not an educated guessing. You need understanding and knowledge before associating to this kind of business. It requires strategical intellignece and financial intelligence. You also need to be financial stable to support your needs. Trading is not just a simple teacher to student discussion, thus needs practical mindset and experiences.

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Gabb
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December 27, 2017, 06:56:31 PM
 #827

I am totally convinced that trading is a real business, and that the possibility of generating consistent income is affordable for anyone willing to learn the basic principles of this business. However, what I really think is "educated guessing" is the technical analysis, because over the years it has never shown its efficiency to predict the behavior of the markets, limiting itself to elaborate complex graphs to say "this indicates that it can go up , but it can also go down. "
EdenHazard
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December 27, 2017, 07:01:01 PM
 #828

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.
but still in the end you are guessing the price right? just the matter of how you do learn the fundamentals , making good analysis etc. it is crazy indeed to see people mostly considering trading as a pure guessing just like gambling.

i won't agree about that , trading never be as easy as when you choose black or red in a game like roulette , it is much more complicated.

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patimahsunda
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December 27, 2017, 07:15:37 PM
 #829

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

No, In doing trading need analysis. Not just anyone can analyze the market. I think only a genius who can trade. I do not have the talent to do that.
keyscore44
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December 27, 2017, 07:50:38 PM
 #830

Can you really be sure you will profit unless you have insider info?
Yes the topic is true, trading is the same like investing and holding cause you just risk and believe your market observation and price flow.

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Nana99
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December 27, 2017, 08:29:14 PM
 #831

Crypto currency are build based on cryptography and their market depend on supply & demand so that's why the value always volatile over time.
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December 27, 2017, 09:55:12 PM
 #832

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

No, In doing trading need analysis. Not just anyone can analyze the market. I think only a genius who can trade. I do not have the talent to do that.

You don't have to be a genius in order to experience a successful trading in Cryptocurrency market. Just proper knowledge and analytical skills will be enough. And this skills are easily acquirable so one trying to learn it will not be tough. I agree its not a guess work, its completely analysis which helps a trader be successful.
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December 27, 2017, 09:57:45 PM
 #833

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

No, In doing trading need analysis. Not just anyone can analyze the market. I think only a genius who can trade. I do not have the talent to do that.

You don't have to be a genius in order to experience a successful trading in Cryptocurrency market. Just proper knowledge and analytical skills will be enough. And this skills are easily acquirable so one trying to learn it will not be tough. I agree its not a guess work, its completely analysis which helps a trader be successful.
I completely agree with you, almost completely the whole work of a trader depends on the correct analysis and collection of information on this or that Lot. But we need to take into account the fact that every professional trader has already learned to listen to his intuition and in many cases hears names to intuition.
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December 27, 2017, 10:52:19 PM
 #834

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

Well you can't be 100% sure but you can be 80-90% sure perhaps. Nobody is doing insider training but it is a best guess and educated guessing at that. There is no science to the markets as individuals give rise to decisions that are irrational ie the Verge pump that just occurred. These 30x pumps don't happen for no reason but certainly are insanely difficult to predict. One can only guess and hope it falls within their game plan.
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December 29, 2017, 04:49:27 AM
 #835

It's not actually. There are many factors that revolve around trading, like timing, demand, value, and such. Numbers and charts are also involved since you have to know the current status of something when it comes to trading it. Many articles consider other factors as well like expert opinions.

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December 29, 2017, 09:20:32 AM
 #836

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

I love the "educated guessing" definition of trading Grin
I think neither crypto nor trading can give you 100% guarantees. But trading is like a science now, and it's not always about insider info. I don't think all of the existing (successful) traders have this information, it's just their skill and, of course, some bit of luck Smiley
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December 29, 2017, 09:30:49 AM
 #837

No. I would say that sometimes there is such an option with guessing, if you correctly will guess moment, you can earn more, but this still applies more to trader experience. It happens, and if you get insider information, you can correctly guess time, but this information is available only to minimal number of people. I still think that you need experience for trading, more experience-more trader will can earn and process all information correctly.
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December 29, 2017, 09:59:01 AM
 #838

maybe not educated guessing trading we need education, information ,  analysis, thinking, and most of all patience. trading doesn’t always turn out to be a successful because of the many factors that affect the behavior of the price and sometime trading also need a  luck Smiley
Derrick
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January 03, 2018, 08:53:58 AM
 #839

Can you really be sure you will profit unless you have insider info?
Well, the subject itself makes a point about trading. Indeed, even if you have made a calculated research about tradings, joined a lot of bitcoin user's forum about trading, read a lot of news about bitcoin, tried trading as well, there are times that we can still say that we feel uncertain of what we do. This just simply says that in trading, a risk is involved and a lot of courage to start and do it is necessary. Though it will give you much interest in the future, it will also take time to gain its value.
I think it is not exactly correct because trading have many other rules. Though the educated guessing is also a key point in trading but it is not at all. Guessing at the right time is the main point for trading and it push you up very soon when your predication about the market become true.
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January 05, 2018, 01:26:17 PM
 #840

It's not actually. There are many factors that revolve around trading, like timing, demand, value, and such. Numbers and charts are also involved since you have to know the current status of something when it comes to trading it. Many articles consider other factors as well like expert opinions.
There are number of things which you need to cater fall while learning trading. It is not like that if you will only learn the skills of educated guessing, then you will become good at trading too. You actually need to understand lot of things other than that of educated guessing if you really to become an expert in the world of trading. The things which you need to learn includes chart analysis, control over your emotions and making smart decisions etc.


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