Can one have any expertise in Speculating?

[bittraffic]

Some brief thoughts on this subject:

I noticed that speculators often do a lot of speculating.

What else would they do?

With that said, is it possible to focus on speculating only, reading nothing else but all the speculating topics and then somehow becoming better at speculating than others?

You can call it experience or being in the frontlines for so many times.
That means they have the most seen story than others or they might have done it more.
Yeah, you could get better in it.
Somehow, you will find yourself getting the right speculation than others which are just new to the discussions.
Although, there is really no training about it. 

There are actually good tutorials for us to learn to speculate but they are given by users on youtube, though not very detailed they still are good enough for you to get something out of it. There were users gives signals claiming to be experts, that might not be a good option for you to listen to them when you trade for most of these users are just wanting people to buy while they sell. Somehow though they do have a good amount of followers on their channel. 

[stiffbud]

Some brief thoughts on this subject:

I noticed that speculators often do a lot of speculating.

What else would they do?

With that said, is it possible to focus on speculating only, reading nothing else but all the speculating topics and then somehow becoming better at speculating than others?

You can call it experience or being in the frontlines for so many times.
That means they have the most seen story than others or they might have done it more.
Yeah, you could get better in it.
Somehow, you will find yourself getting the right speculation than others which are just new to the discussions.
Although, there is really no training about it. 

There are actually good tutorials for us to learn to speculate but they are given by users on youtube, though not very detailed they still are good enough for you to get something out of it. There were users gives signals claiming to be experts, that might not be a good option for you to listen to them when you trade for most of these users are just wanting people to buy while they sell. Somehow though they do have a good amount of followers on their channel. 

Most of the Youtubers are just in it for profits sake as they hoard one coin many days before announcing that the coin is going to boost in value after inflating its price and then the creator of the video sells his coins for profit while all of his followers are busy buying inflated coins from him.
But there are only a few people who I understand are not scammer and provide really good knowledge in their videos.

[OrangeII]

if there are people who can speculate correctly and precisely without seeing technical data then maybe it is a gift that God has given him.

It's called luck. One can be right like 10 times in a row and it's still luck, but in the long run, these people will lose most (if not all) of what they put in. There is no shortage of people 'trading' like that.

Well, accurate information will make the right speculation, and that too can be said as luck. however, in predicting prices, people can speculate without doing anything and can speculate when they get information, such as development, or other things.
in this case, no one can be really precise in making price predictions for a coin because it depends on how needed the coin.

[piebeyb]

Some brief thoughts on this subject:

I noticed that speculators often do a lot of speculating. With that said, is it possible to focus on speculating only, reading nothing else but all the speculating topics and then somehow becoming better at speculating than others?

nothing is impossible in this world, friend, even if a card fortune teller can be a bitcoin speculation, so no matter about it, anyone who can do speculation usually sees from every history he has gone through, I do speculation following calculations and other history so I read what will happen later, it usually happens because a cycle like the economic crisis that usually occurs every 10 years can have serious impacts as well as bitcoin with a 4-year cycle, speculation need not be the best if your predictions are right save it because people will not see it as an achievement, lol 

[wxa7115]

if there are people who can speculate correctly and precisely without seeing technical data then maybe it is a gift that God has given him.

It's called luck. One can be right like 10 times in a row and it's still luck, but in the long run, these people will lose most (if not all) of what they put in. There is no shortage of people 'trading' like that.

It kinda works the same with gambling. I have seen people brag about their profitable dice method, but it only works until it no longer does, and by the time you agree that it no longer works you have wiped out your balance.

That is very common, people believe that they have a profitable system to trade the markets just because they have won a few trades with whatever method that they are using not understanding that most likely that was just luck, anyone that wants to really know if what he's doing is correct will have to test his strategy against several different markets for a very long time span.

That way your strategy is going to be exposed to all kind of market conditions, unfortunately this is very time consuming and it is quite boring so no one wants to do it and it is one of the reasons why we see so many losing traders.

[onyek16M]

Some brief thoughts on this subject:

I noticed that speculators often do a lot of speculating. With that said, is it possible to focus on speculating only, reading nothing else but all the speculating topics and then somehow becoming better at speculating than others?

bitcoin price who can not predict   make people do  speculation but it fine because people   make speculation   based on analysis by chart, demand and supply,  seen the history, check and follow the  event will come, etc... so no problem when you want to follow the their speculation but remember any risk of every speculation...

[Wysi]

Some brief thoughts on this subject:

I noticed that speculators often do a lot of speculating. With that said, is it possible to focus on speculating only, reading nothing else but all the speculating topics and then somehow becoming better at speculating than others?

bitcoin price who can not predict   make people do  speculation but it fine because people   make speculation   based on analysis by chart, demand and supply,  seen the history, check and follow the  event will come, etc... so no problem when you want to follow the their speculation but remember any risk of every speculation...

No this is not a justifiable explanation and it's so generic because everyone knows that the value of bitcoin and other crypto depends on demand and supply, anyone can use past results to predict but crypto market is highly volatile and does not follow the trend if that was the case then we would have had almost two more bull run by now. I think we just need to act as per the market situation and make trades based on present conditions without following any predictions.

[Xxmodded]

Some brief thoughts on this subject:

I noticed that speculators often do a lot of speculating. With that said, is it possible to focus on speculating only, reading nothing else but all the speculating topics and then somehow becoming better at speculating than others?

bitcoin price who can not predict   make people do  speculation but it fine because people   make speculation   based on analysis by chart, demand and supply,  seen the history, check and follow the  event will come, etc... so no problem when you want to follow the their speculation but remember any risk of every speculation...

I have been on this forum more than three years with many people prediction with bitcoin in 2019 above $16, but what happen with their prediction where all wrong and not true, how come for next bitcoin price you ca trust with bullshit prediction, never trusted with bitcoin chart have been candle to buy and higher price next year because depend with how investor playing bitcoin on higher or lower price.

[onyek16M]

Some brief thoughts on this subject:

I noticed that speculators often do a lot of speculating. With that said, is it possible to focus on speculating only, reading nothing else but all the speculating topics and then somehow becoming better at speculating than others?

bitcoin price who can not predict   make people do  speculation but it fine because people   make speculation   based on analysis by chart, demand and supply,  seen the history, check and follow the  event will come, etc... so no problem when you want to follow the their speculation but remember any risk of every speculation...

No this is not a justifiable explanation and it's so generic because everyone knows that the value of bitcoin and other crypto depends on demand and supply, anyone can use past results to predict but crypto market is highly volatile and does not follow the trend if that was the case then we would have had almost two more bull run by now. I think we just need to act as per the market situation and make trades based on present conditions without following any predictions.

what trend do you mean? i think bitcoin follow the trend, you can see the bitcoin halving in the 2017 all altcoins follow to increase high price its mean trend up... I suppose you are right about make trades based on present condition because following a prediction has high risk and its not really will happen

Some brief thoughts on this subject:

I noticed that speculators often do a lot of speculating. With that said, is it possible to focus on speculating only, reading nothing else but all the speculating topics and then somehow becoming better at speculating than others?

bitcoin price who can not predict   make people do  speculation but it fine because people   make speculation   based on analysis by chart, demand and supply,  seen the history, check and follow the  event will come, etc... so no problem when you want to follow the their speculation but remember any risk of every speculation...

I have been on this forum more than three years with many people prediction with bitcoin in 2019 above $16, but what happen with their prediction where all wrong and not true, how come for next bitcoin price you ca trust with bullshit prediction, never trusted with bitcoin chart have been candle to buy and higher price next year because depend with how investor playing bitcoin on higher or lower price.

remember that prediction is just an opinion by someone, anyone can makes speculation can make prediction and has a two possibility that will really happen or will not really happen , i think nothing wrong without people's prediction but when you follow that dont forget any risk in there.

[pixie85]

The answer to OP's question is very simple. People who are good at speculating become investment bankers and stock brokers. This is a real job done by thousands of people every day.

Yes you can learn it, you can become good at it. There are hundreds of books on the matter. There are even some world famous experts in the field like George Soros.

[kro55]

I say there is no one who can accurately predict what will be bitcoin price next week. How can we believe that these price predictions of years to come will be correct? Bitcoin is not like government security bonds that will give a constant return, its full of volatility and can take any price. Stop such predictions.

[shoreno]

I say there is no one who can accurately predict what will be bitcoin price next week. How can we believe that these price predictions of years to come will be correct? Bitcoin is not like government security bonds that will give a constant return, its full of volatility and can take any price. Stop such predictions.

stop such prediction  ? no that is not going to happen  . we need to keep on predicting because this can give us a guide ( small guides ) to trade effectively ( atleast ? )   .  prediction is also beneficial on this kind of market because it gives a hype or a noise inside and outside this forum   . if bonds give constant return then why not all people trade on it  ? all of them should be rich now but i think not because they are still continue doing that and other are still still finding a way to earn more   .

[sovie]

There are many people who are confident that they are the best speculators. Just spend some time here on this forum and you will find lots of speculations and almost al went incorrect. Predictions may go true to some extent in other markets but not in the crypto. This market is too new for all this.

[matchi2011]

There are many people who are confident that they are the best speculators. Just spend some time here on this forum and you will find lots of speculations and almost al went incorrect. Predictions may go true to some extent in other markets but not in the crypto. This market is too new for all this.

Indeed, a lots of wrong predictions inside here and if you will not be careful enough you will lose your investment from following those so called expert.
You need to work hard and forget about following such kinds of opinions, do your investigations and assess according to how you understand the situations,.

[Xxmodded]

There are many people who are confident that they are the best speculators. Just spend some time here on this forum and you will find lots of speculations and almost al went incorrect. Predictions may go true to some extent in other markets but not in the crypto. This market is too new for all this.

Indeed, a lots of wrong predictions inside here and if you will not be careful enough you will lose your investment from following those so called expert.
You need to work hard and forget about following such kinds of opinions, do your investigations and assess according to how you understand the situations,.

Almost prediction is wrong with bitcoin and altcoin price, when have popular prediction talk bitcoin have price above $16k last October but in reality bitcoin not reached above $16k and keep with lower price, now I am not trusted with any one else with bitcoin price at the future and keep during with how situation of bitcoin.

[jhonjhon]

is it possible to focus on speculating only, reading nothing else but all the speculating topics and then somehow becoming better at speculating than others?

no, i don't think you can gain any actual "expertise" by only reading all speculations. not to mention that you would be wasting your time since more than half (if not 90%) of the bitcoin price related speculation you see on the internet is pure nonsense written by newbies who either have no idea how the bitcoin market works or they have some agenda behind what they publish like wanting to fill their shorts or spreading FUD in general!
in my opinion the only way to gain any real experience when it comes to speculation is if you start analyzing the market yourself. and only spend a little time reading what other people say.

It may not make you an expert by only reading speculations but I believe you can learn something from the speculations you read that would be helpful if you want to become a speculator just choose the best you think there is though. To become a good speculator it is very important you know all details even the tiniest ones to make sure you speculate if not accurate then near to what will happen.

[Hippocrypto]

Some brief thoughts on this subject:

I noticed that speculators often do a lot of speculating. With that said, is it possible to focus on speculating only, reading nothing else but all the speculating topics and then somehow becoming better at speculating than others?

Speculating is not a talent, we can't rely on it because that was only based on our series of opinions. You're not analysing with your own and you only got those ideas from other people, which has been compiled to be used to share to someone who needs it. We need not to be an expert of this as long as you have the will and determinations to come up with a certain mindset, then you're good enough to speculate.

[Lanatsa]

Some brief thoughts on this subject:

I noticed that speculators often do a lot of speculating. With that said, is it possible to focus on speculating only, reading nothing else but all the speculating topics and then somehow becoming better at speculating than others?

Speculating is not a talent, we can't rely on it because that was only based on our series of opinions. You're not analysing with your own and you only got those ideas from other people, which has been compiled to be used to share to someone who needs it. We need not to be an expert of this as long as you have the will and determinations to come up with a certain mindset, then you're good enough to speculate.

Speculation would based neither on your own analysis or a combination of your own+ others  ideas and opinions.It will depend on you on which one you would tend to follow as long you can make profits with it then your choice and this is where risk do comes in. Expertise isnt really the right word for this one yet this isnt a skill which can be obtained yet we are dealing with speculative things since price is volatile and
lots of factors that do affects it but somehow due to experience, we can somewhat presume things either basing on pattern or signs that we've known before.

[Wexlike]

Some brief thoughts on this subject:

I noticed that speculators often do a lot of speculating. With that said, is it possible to focus on speculating only, reading nothing else but all the speculating topics and then somehow becoming better at speculating than others?

It's a big pile of entropy. One guy in a million will have the chance to guess 20 times the correct answer in a random 2 roll. And then he is rich, a genius and an incredible speculator. But no one would ever admit to just be lucky.

[wxa7115]

Some brief thoughts on this subject:

I noticed that speculators often do a lot of speculating. With that said, is it possible to focus on speculating only, reading nothing else but all the speculating topics and then somehow becoming better at speculating than others?

It's a big pile of entropy. One guy in a million will have the chance to guess 20 times the correct answer in a random 2 roll. And then he is rich, a genius and an incredible speculator. But no one would ever admit to just be lucky.

There is a very famous phrase that says "even a broken clock is right twice a day" we have millions of people in this market and each one of them has an opinion about what the price of bitcoin is going to do during the next day, week, month or year so during each year we are bound to get millions of predictions about what the market is going to do and the probabilities dictate that at least some of them will have to be right.

So it is entirely possible that a trader that gets many of his predictions right is not doing this out of skill he's just been lucky.