Is Speculating A Bad Thing?

[Zuilhsa]

Bitcoin Speculators are those who plays important role of bringing changing information into the price value. I don't find anything bad in speculating, as bitcoin is volatile we all expect speculation if we are investing.

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[krankNL]

Admit or not, we are all speculators here. And it is just a logical thing to do...why would you invest your money and time if you think that it would not grow or it would just remain the same? All of those people criticizing Bitcoin because of its speculative nature are people who are actually afraid to jump into the water and get wet.

We who are brave enough to jump and get wet in the process are the people who will get benefited when Bitcoin can soon land in the moon...it is just a matter of holding into it and never get tempted to cash-out.

Speculating is not at all a bad thing as to be honest this is one of the many factors why we have people getting into Bitcoin. Will this speculation lead to that dread bubble as shown by other historic bubble collapse in the past? Only time can tell but I do believe that Bitcoin is different...comparing it into tulips seems like a bad idea and doing injustice to Satoshi Nakamoto.

But then again...am sure there are those who believe that speculating is a bad thing for Bitcoin...so give me your reasons why you think so...

If you're speculating for only express your idead and opinions, this is not bad. But if you're trying to manipulate others for them to sell or buy something on purpose, this is not fair clearly.

Everybody makes speculation on the coin market for sure.

[In the silence]

Speculators are required for every asset class. They are the people who provide liquidity to the markets. If everybody thinks it is going to go up by 3% every year and there are no speculators around, trading volumes will plummet.

Yes, if there is no speculation happening, the asset/coin will have no volume and eventually will die in an instant. Every fud and optimists are important to our system.

[iqlimasyadiqa]

not always speculation is a useless matter. sometimes with speculation we can take advantage of many circumstances to be able to take more opportunities. for example, the end of the month of July last bitcoin prices are still under 3000USD and now 1 month after the day we can see that the price of bitcoin has reached the price of 4500USD. This of course is speculation that produce a satisfactory result. so not always speculation will produce unsatisfactory things, then note again that bitcoin will always evolve all the time. so take a chance from now and do not forget to always be optimistic that there will always be improvement in next year.

[rext]

Bitcoin Speculators are those who plays important role of bringing changing information into the price value. I don't find anything bad in speculating, as bitcoin is volatile we all expect speculation if we are investing.

investing in bitcoin has never been a danger, with steady and strong growth, bitcoin is still the market leader. Besides, its potential is almost limitless when accepted by many countries.

[orions.belt19]

There has been a lot of speculations regarding Bitcoin as a bubble which discourages some users and brings about fear, but generally I think that speculating is not a bad thing. It helps people make decisions and brings confidence for us bitcoin users. With the nature of bitcoin, it is but normal to speculate due to its volatility and constant price change. Also, if speculation is what attracts and encourages people to buy bitcoin then I think that it is then a good thing.

[8270thNinja]

It's okay to speculate , it's normal and natural but it will be a bad thing if you just speculate without thinking or even researching before doing a decision out of specualtion. It will become bad if you will not base your speculation on factual things and just speculate out of nothing.

[ethereumhunter]

i don't think that speculating is a bad thing because as far as i know, with speculating we can make decision for our own price and with some analysis, sometimes our order can be filled or we can make profit. i admitted that sometimes i am using speculation when i am uncertain to determine the price.

[audaciousbeing]

Admit or not, we are all speculators here. And it is just a logical thing to do...why would you invest your money and time if you think that it would not grow or it would just remain the same? All of those people criticizing Bitcoin because of its speculative nature are people who are actually afraid to jump into the water and get wet.

We who are brave enough to jump and get wet in the process are the people who will get benefited when Bitcoin can soon land in the moon...it is just a matter of holding into it and never get tempted to cash-out.

Speculating is not at all a bad thing as to be honest this is one of the many factors why we have people getting into Bitcoin. Will this speculation lead to that dread bubble as shown by other historic bubble collapse in the past? Only time can tell but I do believe that Bitcoin is different...comparing it into tulips seems like a bad idea and doing injustice to Satoshi Nakamoto.

But then again...am sure there are those who believe that speculating is a bad thing for Bitcoin...so give me your reasons why you think so...

There is nothing wrong in being a speculator from my own point of view because whether we like it or not we are all speculators as you have rightly pointed out but the difference is that some people are open about it, some others keep quiet about it but deep down within they share the same thought of those who bring it out in the open. But what will take it further is when we make effort to achieve the objective rather than expression of opinions that doesn't move things.

[azguard]

i don't think that speculating is a bad thing because as far as i know, with speculating we can make decision for our own price and with some analysis, sometimes our order can be filled or we can make profit. i admitted that sometimes i am using speculation when i am uncertain to determine the price.

True. Every speculation is based on single user and what he think that is good for him or her.
Speculation is something that individual user see as his/hers opinion the subject in matter. Was this price speculation or something else.

[JL421]

It is a bad thing bitcoin is a unique coin many people believe on what others say on this forum this sometimes leads many new investors blindly following and imagining that the price will surely reach and they end up buying at higher price when it falls they sell their coins at a huge loss

[reliable]

Bitcoin Speculators are those who plays important role of bringing changing information into the price value. I don't find anything bad in speculating, as bitcoin is volatile we all expect speculation if we are investing.

Investing is done though through research, understanding the fundamental, economies of demand and supply etc and accordingly the investment is made projecting the future forecast. While speculation is juts simple buying due to expectation of something good will happen or if demand is rising just invest in it and sell at a high price. Money can be made in speculation as well but basic fundamentals are all different in Investing and Speculation.

[teamcryptonator]

Speculators are required for every asset class. They are the people who provide liquidity to the markets. If everybody thinks it is going to go up by 3% every year and there are no speculators around, trading volumes will plummet.

Yes, if there is no speculation happening, the asset/coin will have no volume and eventually will die in an instant. Every fud and optimists are important to our system.

If do not have speculators, we cannot earn profit on marketplace, this is rules at here and everyday, we are fighting for our life, our future! They are foods for us and sometimes, we also become to foods like them if our predict are wrong .

[Gameroid]

Bitcoin Speculators are those who plays important role of bringing changing information into the price value. I don't find anything bad in speculating, as bitcoin is volatile we all expect speculation if we are investing.

i not not everyone can speculate about the price of bitcoin in a right way. i think those people who have good experience in trading and investing bitcoin can speculate about the price of bitcoin in a good way, to me as i am still new in bitcoin therefore i do not think that my speculation about bitcoin will be too much worth.

[NS-Soul]

Its not, Speculation is a logical thinking well it depends how do you speculate with analysis or not because all of us here are having our own speculations in bitcoins and many of us believed that it will go the the moon price in the future. Speculation is just a speculation and it has done a big part in positive outcome that contributes in bitcoins .

[azguard]

Speculation is opinion of individual person and such can be taken how you think is good for you. If you think that this or that speculation can be good for your investment and buy/sell opportunity you will use it or you wont. This is how thing are working you will accept that or you wont accept it. This is mostly what you want to hear not what it will be.

[DragonSlayer]

i don't think that speculating is a bad thing because as far as i know, with speculating we can make decision for our own price and with some analysis, sometimes our order can be filled or we can make profit. i admitted that sometimes i am using speculation when i am uncertain to determine the price.

True. Every speculation is based on single user and what he think that is good for him or her.
Speculation is something that individual user see as his/hers opinion the subject in matter. Was this price speculation or something else.

Speculation will be good for him if he will guess it with its nearest price since if he expect  huge on it and think that he will not sell his coin if the price didn't reach for that one Is the baddest decision he made. That's why we should guess more healthier so that we can sell whenever our expectation will not meet and yet we earn from little guessing.

[erikmatik]

No, speculation is actually a very good thing. It helps to determine the real open market value of something, so economy can work properly. If prices were dictated by some central organ, it would be planned economy like the one that was in Soviet Union - time has proven that it doesn't work, because without market signals it's impossible to allocate resources efficiently. Those who hate traders are usually just envious of them, because it looks like traders are just making easy money. But in reality it's a very hard job.

Agree with you, speculating is one of the driving force of economy, of the trading business in particular. Speculating is the basis on the decision-making of every trader. Will bitcoin price go up or go down? Will I sell now or hold for a longer time? Shall I trade to other coins or convert to cash? That's the questions of each and every bitcoiner, trader. And that what makes the market alive, because the combined efforts of each and every participant in the market or economy is what runs the trade.

[Proton2233]

No, speculation is actually a very good thing. It helps to determine the real open market value of something, so economy can work properly. If prices were dictated by some central organ, it would be planned economy like the one that was in Soviet Union - time has proven that it doesn't work, because without market signals it's impossible to allocate resources efficiently. Those who hate traders are usually just envious of them, because it looks like traders are just making easy money. But in reality it's a very hard job.

Agree with you, speculating is one of the driving force of economy, of the trading business in particular. Speculating is the basis on the decision-making of every trader. Will bitcoin price go up or go down? Will I sell now or hold for a longer time? Shall I trade to other coins or convert to cash? That's the questions of each and every bitcoiner, trader. And that what makes the market alive, because the combined efforts of each and every participant in the market or economy is what runs the trade.

Nonsense. Speculation is evil, but there is no mechanism of dealing with it so everyone has to adapt to life in such conditions. Any speculative operation takes money out of the economy and the people. When money is concentrated in the same hands it's always very bad.

[Seansky]

But then again...am sure there are those who believe that speculating is a bad thing for Bitcoin...so give me your reasons why you think so...

I think of it as the opposite. As a matter of fact, I think bitcoin speculation is not that bad for bitcoin it is somewhat good for me because it boost's price and somewhat contributes to the buy and sell force that makes bitcoin price to pump and dump. I think bitcoin speculating is part of it's demand and without bitcoin speculators, There will be lesser people here in this forum and lesser people to spread word about bitcoin so it isnt a bad thing.