Trading analysis, is it real or speculation.

[arlington]

First of all we have to understand how the market goes and what affects the price, if those analyst have huge influence on people they would definitely attract and create demand which makes prices to go up

[KeithBeeCham]

The essence of trading is that you must analyze and understand the crypto growth carefully to determine and predict the future of the exchange rate of the crypto will increase or decrease, not predict. Everything will need research and full statistics on exchange rates, market volume, whether crypto has the potential in the future or not, etc. This requires good data analysis skills to be able to trade.

[Indrawan77]

The chart and other analysis is only a guide to see how is the market react, it's only act as guidance to trade, it will not be 100% correct, especially in crypto trading which we  know all of the price is caused the demand and supply, so all of the trading analysis is based in data which is only speculation, the one that can make it correct if a lot of people believe in trading analysis and do exactly as the analyst said

[kafeelniazi]

I have been doing this for a living now, remember one thing never ever go with guesses of other peoples on different forums. Learn to do TA and FA yourself and then you can decide for yourself where to invest. Depending on guesses of other people will give you short term returns but one big fail and you are done.

[droptableguy2]

Of course, all trading models are just speculations, they don't work perfectly in forex, and they work worst in crypto.
But using a model - even if it is not perfect - it's better than taking decision by gut.

To do business in this market you need to learn a lot of technical analysis to capture this market. A lot of people become very successful by trading everyday. I think technical analysis is purely speculative, not speculative. I'm still learning how to analyze candlestick charts so that I can do better in the crypto market.

[yndye]

I have been doing this for a living now, remember one thing never ever go with guesses of other peoples on different forums. Learn to do TA and FA yourself and then you can decide for yourself where to invest. Depending on guesses of other people will give you short term returns but one big fail and you are done.

Listening to others may be profitable in the short run but just remember when they suggested the coin to you, they already hold a bag of the coin so that when more people buy the coin, it would go up and then by the time comes it reaches the target price, they would sell and then for those who got in late would be at a loss. There are so many groups that are suggesting coins what coin to buy or sell without even a support of an analysis and some even charge you for their suggestions but the better way would be to do it yourself because it would benefit you for life if you understand why you buy and sell that coin.

[hula hula]

analyzing the price of the coin need the skills, techniques, and experience. so I think not merely speculation

[redigaffi]

Technical analysis is misused, it can't predict price.

Technical analysis can help to know which probabilities the price has to go to one direction or another, but never the length of the movement. For example with the technical analysis you can know the probabilities that the price goes up, or down, but you cant know if it a small/large movement. It cant predict to which price it will go up or down, it is only there to calculate the probabilities of going up or down but never the amount of the movement!!

[naerap]

analyzing the price of the coin need the skills, techniques, and experience. so I think not merely speculation

In the classical market, yes, but in the current circumstances, the price of a coin can increase severalfold simply because of the hype on the forum or pump groups, so this is a controversial issue.

[Oilacris]

Hello, I'm new here.
I just started trading bitcoin last month. Playing with some change was easy but when I decided that I'm ready to go big, I began to lose.
I started reading analyst blogs and their guess is always on spot. It is like they can control the market some how.
How can they be so sure? I tried looking back for the same pattern they were talking about but the result afterwards is different. What's really going on here?

Dont ever believe that theres a man do exist on this world could able to predict movement prices.They might able to guess or predict on possible movements for some time but doesnt mean that they would able to predict next movement later on. Prices on this market is way too volatile.Predicting with basis is common among experts which would somehow give probability on hitting the right the right order either buy or sell.

[raven.tiu17]

It can be both. There's a two type of trading fundamentals and technicals. Most of the newbies are speculating coins they are for money not the company. but if you read some whitepaper and roadmap you analyze about the coinmarketcap you're a fundamentalist! then pick a coin that has potential.

[Hazaki]

Analysis is a good practice for any activity that a person can intend to achieve ( even gambling ! ) . And since cryptos have a very high fluctuation rate , some of the analysis , if no all of them sometimes go south and nothing that the trader wanted to happen actually happenes  .But even so we can't call it speculation since luck hasn't the upper hand in such activities , and that's why we call it  "speculating the result of a bet" , but we say "studying an investment plan " .

I started reading analyst blogs and their guess is always on spot. It is like they can control the market some how.
How can they be so sure? I tried looking back for the same pattern they were talking about but the result afterwards is different. What's really going on here?

As for such people , their ideas , posts and tweets are as tormented as the sea , and they can't control the market since that can only be done by lots of people who own the majority supply of some coin . Following some investors ideas might turn good sometimes , yet developing your own strategy and taking your own decisions to where put your money is by far better .

[Idrisu]

Hello, I'm new here.
I just started trading bitcoin last month. Playing with some change was easy but when I decided that I'm ready to go big, I began to lose.
I started reading analyst blogs and their guess is always on spot. It is like they can control the market some how.
How can they be so sure? I tried looking back for the same pattern they were talking about but the result afterwards is different. What's really going on here?

You might need to study how this market work in other to trade it profitably. The professionals traders analyze the market before putting their hard money into it and most of them understand the movement of coins direction through a combination of different technical indicators. Those analysis are actually real and you should not under rate there speculation as most of them are well informed technically wise.

[bribed]

Well I think there is some kind of analysis possible, but after all nobody knows where the market is going. Its just prediction based on chart analysis and experience I guess. But for most crypto markets its very hard to do proper technical analysis because the markets are so young and cant provide sufficient data for a proper technical analysis.

[pugman]

Hello, I'm new here.
I just started trading bitcoin last month. Playing with some change was easy but when I decided that I'm ready to go big, I began to lose.

Its only a month you're in with bitcoin,these losses aren't exactly loss,these are more often termed as capital gain/loss. You'll get a loss only when you sell it for crypto or fiat.

I started reading analyst blogs and their guess is always on spot. It is like they can control the market some how.
How can they be so sure? I tried looking back for the same pattern they were talking about but the result afterwards is different. What's really going on here?

Oh boy,you're so innocent that you don't even know that these are pump and dump groups. These groups are famous as they reveal out the coins  which is going to *increase* due to specific reasons and stupid people believe and buy it,but what these groups do is they buy that coin for a cheaper price and when others start buying it,they dump their holdings,and soon idiots start panic selling their holdings for a loss,and these groups again buy at a cheaper price and the cycle continues.

[annbagira]

You know you are awesome and brave person! One of the good advice for you I can give is don't trust to nobody here! Of course you not need become a maniac or paranoiac and expect all people want cheat on you! But you never know who speak with you and why they recommend to you something! Just be attentive and try live with your own experiences, intuition, analyze better you make you own mistakes. It's my opinion! Best to you

[richardsNY]

In the classical market, yes, but in the current circumstances, the price of a coin can increase severalfold simply because of the hype on the forum or pump groups, so this is a controversial issue.

Especially in the altcoin market. If we look at Bitcoin's market, even the best possible traders couldn't have seen this major bull run coming. If we had to believe various well educated and high level traders, it was time to secure profits on various levels, and in all cases they have been wrong. It's even safe to say that probably 99% of the speculations have been wrong in the run-up to the latest bull run, and those who were right, were just guessing without any actual logical sense to back it up. It just shows that holding has been the far better option overall, especially in the last year. Trading in current market requires you to take more risk than ever before....

[n00bsaibot]

Ultimately any market can be manipulated. Some do that by pumping large amounts of money while other do it by spreading rumors (mcafee crypto shilling).

First - pick a project/coin and read their white paper. See if you like a project and what can it bring to the "real world" if mass adopted. If you believe that project is good - invest in it.

Second - No matter how good of a project this might be, there will be market fluctuations so hold on and be patient. One day you are in the green and next you are in deep red. Not every coin "moon's" in matter of days

Last - Do not rely on others to give you "the advice", especially on public forums like this one. 99.9% of ppl here ARE NOT financial/crypto advisor's. Do your own research!!!

Best of luck in future investments to all!

 

[rodskee]

Sometimes it is real but we cannot predict the next happening in trading if the price of bitcoin or alts will going to increase or decrease. Even the chart is not permanent at all, it can change also.

Thats very truly correct mate nobody can predict the movement of price stock in the market Need to monitor if want to earn in trading and to avoid rest of the investment.

[gabbie2010]

Hello, I'm new here.
I just started trading bitcoin last month. Playing with some change was easy but when I decided that I'm ready to go big, I began to lose.
I started reading analyst blogs and their guess is always on spot. It is like they can control the market some how.
How can they be so sure? I tried looking back for the same pattern they were talking about but the result afterwards is different. What's really going on here?

Well those analysts are experienced traders they had been trading for quite a longer time and have the ability to read or interprets charts obtained from technical analysis and price action  they can also reads news related to a particular coin (fundamental analysis) with all those tools they have the ability to predict or speculates the price correctly although they might not be 100% accurate at all times.