Is trading just educated guessing?

[EricJones]

It is mostly an educated guess which is why crypto traders have to spend many hours a day monitoring the market and the charts to know the best times and prices to buy and the best times and prices to sell and make profit. It's a lot like gambling too but if you do enough research then you should have enough information to guess which coins will do well and which coins will not.

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[valentine401]

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

No its not, there is always a right time for you to invest and sell your coins, most of the traders who are just new in the market are losing a huge amount of profit because they lack of knowledge in trading and they do not have any idea on how the market works.

[MoneyIsDebt]

Trading needs a lot of researches and analysis like financial analysis,market analysis.Unless you know the previous and current market situation of a coin,it will not be able to find the coin which is most under valued.

its need complicated analysis and not everyone can do this.even an expert ,they learn all about analysis more than years before could earn money and profits.

Your statement is wrong but I think you want to say it right. We can't call an expert if that person is not capable of the skills of being expert right? I guess what you want to say is that before they became experts, they started to someone who doesn't know this kind of things. Earning money is hard work, but if you are a good worker and enjoying what you are doing, it is not that hard really.

Trading needs time and it is much more on managing any decision making so if you want to start trading you must know the basics such buying when it is low and selling when it is high. It not actually a guessing rather it is analyzation with basis. And the basis you may have is the price itself where you need to monitor it on a graph or on the market gap. More on analytical and management.

we need to learn more lesson in trading so we can buy in the right price and sell with the right price too and we can analyze the coins. after we have learn, we need to practice with the coin in the market so we can get something, at least we can try to make profit. after we trying trading in many times, i hope you can be familiar in trading so in future, you can make profit you want.

[mamarried]

Actually I agree with you, all the trading strategies are only predictions based on similar situations and analysis of all things going on arount the project. So yes

[PierreCB]

The information they call "privileged" is like speculation, that is, it is very important for strategy and making good decisions.

[ScottJake]

Not so, it requires a lot of dedication and knowledge of the rise-fall of cryptocurrency and general currency to be able to trade, monitoring must be daily.

[virarara]

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.

[Sowik]

Not all the time but most of the times it works and I am still profiting from trading and as long as I make profit I will not stop doing it!

[Ehilamale]

You look at the root, but not all people are as smart as you. I, too, six months ago thought, that can trade on own money and earn.

[Opekin]

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.

To be honest not all traders are good but we can't say it was an educated guessing only. A good trader will not even guess any coin or price to buy without thinking if its a good price or not and next is to guess it will going to pump. Not everyone will stay for trading many of them only waiting for a news or a call from some peoples.

[CCRBNews]

I always liked this scene with Eddie Murphy in Trading Places where he predicts people behaviour.

https://www.youtube.com/watch?v=uI4fVgVVpiw

Being able to predict behaviour is how you should trade.

[chickenfried12]

If you want to trade in a good trade, you need to first know this market, you need to avoid movements, you can move parallel to your work towards the right side in the correct position at the right time. So if you are going to make a trade that tends to fall you have to adjust according to your profit margin.

[therozaq]

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

No, I think trading is not just educated guessing. You must update information about bitcoin and you must predict the bitcoin price by the news that you read.

[Mbah Djoko]

It all depends on us, in fact we can get profit up to thousands of dollars in a short time even in a day, if you just make trading just educated guessing then it will not make you much success.

[baldur odinson]

Trading is not just a means of guessing rather it is also a matter of taking a risk. A risk that you take it can be for your own credit or to the others. But while your taking that risk you should have that think of all the possible outcome that can be happened, but you would take that risk in favor to your side. 

[yslyv]

No you can only predict. But there are a lot of factors that are affecting to the market. Even if you train and educate your self you can not make profit always. For example last year was an example of it. So many experinced traders made losses. But newbies made good profits.

[charlotte04]

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

Nope, surely I could profit on my own without those kinds of information. There are too many things to see in order for you to have a good profit.

[Babatunde1989]

No, in a sense that when you are trading just to follow how the price flow.

[Falmera]

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.

It is really true. If you will just guess it then you are just like playing a game. In investments, you really need to know all about the things you are into. Your goal is to make profit, so effort and smart decisions are needed.