There is no certainty in trading

[Rengga Jati]

..The only certainty while trading crypto currency is PROBABILITIES;

It may only happen to the people who trade without any analysis, In this case, the market is not certain and we may be trapped in this situation, However, what makes it different is the way we analyze. If we are tradi9ng without any trusted analysis based on experience, of course, it is like agmbling. But if we do research on it., analyzing the coin and also managing the emotional very well, it will be  a good trading way

[Wawa2013]

It's true that there is no certainty in trading, that's why some people think trading is similar to gambling. Because it must be admitted that
sometimes trading also requires luck, for example the current increase in the price of Bitcoin no one thought it could go this far. And for people
who bought Bitcoin when the price of Bitcoin dumped in March 2020, they must today feel like the luckiest person in the world.

Although there is no certainty in trading, but by doing technical analysis we can at least get an estimate of where the price of the coins we buy
will move. Therefore, people who do not have the knowledge and expertise in trading, if they insist on trading will be like playing gambling.
My advice is to first learn how to analyze the market before finally deciding to trade.

[FatFork]

It's true that there is no certainty in trading, that's why some people think trading is similar to gambling.
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True, both trading and gambling require taking a calculated risk. A chance taken after careful assessment of the most probable outcome.
But when it comes to gambling, the house always has an edge - a mathematical advantage that the casino has over its players. Another key difference is that gamblers, unlike traders, have fewer ways to mitigate their losses.

[Cling18]

I want us to understand that no mind can control or know a token direction with total certainty; which is why there are always dump (or price corrections as you may call it). The only certainty while trading crypto currency is PROBABILITIES; because in trading, at every moment there are so many different possibilities, entries and even exits; your level of interpretation will determine the one you go for and also prepare for when the market does not obey your predictions

This is why you have to be consistent in your 'right' process.

Trading is often categorized as gambling but they also have differences since it takes knowledge and skills to do trading. It's definitely true that there's no assurance in trading so our profit will depend on the risks that we could take. Our understanding of technical analysis would also be a big advantage that's why it takes a long process of learning before doing actual trading. Trading is risky yet we can do something to do it right.

[jasonjm]

That is why you have stop losses if you place them.
You can stop a bit extra from losing by adding a stop loss to your position. Certainties can only be there for fine predictors but as nobody is capable of doing it properly, it's better not to overdo it and then regret. We are enjoying and there is so much positivity I'm the markets, but why? Because btc has been pumped up. What would happen if the opposite was the scene?

I will tell you what would happen if BTC was going down this way... People would cry and call it a bubble. Simply like that.

Panic selling is always there when there is a dip but there are many traders who are patience enough to hold their investments for a longer period of time and ultimately get the reward. No one can predict exactly the upcoming trends in the market.

[Tahsin Kabir Kollol]

It is true that nothing can be said with certainty about trade but a lot of accurate estimates can be made using experience and expertise in market analysis. It is not possible for anyone to say for sure whether a trade will be profitable or unprofitable, but in many cases, the assumptions made in the light of experience are based on truth. Because the cryptocurrency market cannot be controlled by anyone alone, the market behaves differently from time to time because everyone has different assumptions or ideas. So in order to trade, one has to trade by taking risks through judicial analysis. There is nothing to be sure about, so the risk-taking mentality acts as a major regulator.

[Vaskiy]

When the market is uncertain, how come we can expect certainty with the trading process. As of now we've got 8000+ cryptocurrencies available in the market. Among them we've got very limited number of cryptocurrencies with real usecase and trade support, whereas majority of the cryptocurrencies are mere tokens used for pump and dump. Within this with limited level of certainty we can make trading using few cryptocurrencies. So, trading is connected with lot many factors which is why it is uncertain.

[coiner-88]

It certainly requires some investment for individuals to get familiar with these things while a large portion of them needs more tolerance so wind up losing everything or just left the exchanging profession once they tired of their off-base choices. I am cocksure none of us here realized we would be here in this discussion and doing this sort of business in an industry like this 10 years back.

[sarmrakib]

I agree with your idea that trading crypto is not certain but it is very volatile and volatile fluctuations are very unpredictable, not to mention pumping, dump, and FOMO because if we are swept away In this crypto we will not have a chance to sell it to others and we will lose more money.

Its true the market is high volatile that's why we have lots of chance to earn a lot .Besides it will too risky we can loose our asset quickly .Market is always a uncertain place .Here you can just predict but don't be sure how it will act with you .That's we need lot more study and research before entering to the market .

[South Park]

I want us to understand that no mind can control or know a token direction with total certainty; which is why there are always dump (or price corrections as you may call it). The only certainty while trading crypto currency is PROBABILITIES; because in trading, at every moment there are so many different possibilities, entries and even exits; your level of interpretation will determine the one you go for and also prepare for when the market does not obey your predictions

This is why you have to be consistent in your 'right' process.

Anyone that is looking for certainty in trading is in the wrong business, there is nothing certain about what we do, this is why traders are also called speculators, we speculate where the price will be in the next minutes, days, months and years, that is what we do and based on those speculations we take actions before the market does, sometimes we are correct and sometimes we are wrong as it is well known that no matter the amount of knowledge and intelligence you possess predicting the future perfectly is simply not possible.

[shawonngp]

I also agree with you that there is no guarantee of business. The crypto market is very volatile and can change at any time. So I think it would never be wise to invest 100% in the crypto market. It may be time to move on. So no matter how much you invest, it is better to cash in only 5-10% profit. Business skills will improve over time.

[ChrisPop]

Lorokan (the OP) has said it perfectly. We don't have a crystal ball so obviously can't know which direction the market is going. If we'd know that we could make billions in seconds.

The game changes when you have deep pockets and your trades affect the market significantly. But very few people actually get to that stage. Mostly hedge fund managers.

[South Park]

Lorokan (the OP) has said it perfectly. We don't have a crystal ball so obviously can't know which direction the market is going. If we'd know that we could make billions in seconds.

The game changes when you have deep pockets and your trades affect the market significantly. But very few people actually get to that stage. Mostly hedge fund managers.

Correct, if it was possible to predict the market with perfect accuracy then that person will eventually end up with all the money of the world as it will be impossible for everyone else to profit from the market anymore, so in a way it is a good thing the markets are unpredictable because it gives everyone a chance, but the only ones that have a legitimate chance of making profits over the long term are those that take the time to study the markets, which unfortunately are a very small minority.

[maldini]

I realize numerous individuals previously doing that sort of methodology use for exchanging they are looking for changed source to check if there is occasion will occur and how huge it is. That is truly regular thing to occur on the lookout and nothing isn't right in that. On the off chance that this cycle breaks, at that point that is on the grounds that huge gatherings are driving the power when costs are unloaded.

[ScamViruS]

I also agree with you that there is no guarantee of business. The crypto market is very volatile and can change at any time. So I think it would never be wise to invest 100% in the crypto market. It may be time to move on. So no matter how much you invest, it is better to cash in only 5-10% profit. Business skills will improve over time.

You are right. Most traders become so greedy for profit that they have no idea of ​​the impending danger. There is no point in investing everything, if you have extra money then you invest and trade cautiously. Since the market is volatile, you have to take responsibility for keeping your funds safe.

And skill is always useful, you have to improve your business skills with the changed system.

[crazy-pilot]

On the whole, you are saying very correct things. No mind is capable of predicting things like trading with 100% probability. However, there are tools that help us determine the course of movement of a particular asset.
Things like analysis. Technical analysis or news. At different times in the existence of the crypto market, these things with varying degrees of accuracy helped us predict the course of events, sometimes very successfully.

[South Park]

On the whole, you are saying very correct things. No mind is capable of predicting things like trading with 100% probability. However, there are tools that help us determine the course of movement of a particular asset.
Things like analysis. Technical analysis or news. At different times in the existence of the crypto market, these things with varying degrees of accuracy helped us predict the course of events, sometimes very successfully.

Without a doubt technical analysis can help us to have a greater chance of predicting what the market will do in the future but that is not enough, there are systems that have an accuracy rate of more than 90% when it comes to winning trades and yet those systems still lose money, people need to remember the goal is not to predict the market perfectly all the time, the goal is to get more money in your pocket and even a system that is not that accurate can do that for you if you know what you are doing.

[carlfebz2]

On the whole, you are saying very correct things. No mind is capable of predicting things like trading with 100% probability. However, there are tools that help us determine the course of movement of a particular asset.
Things like analysis. Technical analysis or news. At different times in the existence of the crypto market, these things with varying degrees of accuracy helped us predict the course of events, sometimes very successfully.

Without a doubt technical analysis can help us to have a greater chance of predicting what the market will do in the future but that is not enough, there are systems that have an accuracy rate of more than 90% when it comes to winning trades and yet those systems still lose money, people need to remember the goal is not to predict the market perfectly all the time, the goal is to get more money in your pocket and even a system that is not that accurate can do that for you if you know what you are doing.

It doesnt matter if you do make use of technicals or fundamentals because both cant give out 100% precision when it comes to predicting the movement of the market.

Certainty doesnt really fit out into this place because if it is then lots of would already be making themselves rich in no time.No assurances and no guarantees and people should really think off
this way rather than expecting too much or positively that they can make out some profits when they do just simply dive in into this market.

The thing here is that you do try your best to be profitable and sustainable in long term.

[LimLims]

Of course, the crypto market is like that and we have to accept this because Bitcoin rises and falls we can hardly foresee. therefore when trading there are many opinions about the currency that the trader decides to sell or buy, and one of them has some profit and some also lose money.

Yes well said to the point.
Trading is no less than Gambling, after all we are risking our money right?
Moreover by seeing the price of the Bitcoin in the past 24-36 hours, it also now hard to predict the market.
So yes there is no certainty in trading.
If your luck is good then surely you gonna make good money and if you lose then curse your misfortune.

[South Park]

Of course, the crypto market is like that and we have to accept this because Bitcoin rises and falls we can hardly foresee. therefore when trading there are many opinions about the currency that the trader decides to sell or buy, and one of them has some profit and some also lose money.

Yes well said to the point.
Trading is no less than Gambling, after all we are risking our money right?
Moreover by seeing the price of the Bitcoin in the past 24-36 hours, it also now hard to predict the market.
So yes there is no certainty in trading.
If your luck is good then surely you gonna make good money and if you lose then curse your misfortune.

No, the main difference in trading and gambling is how you can manage your risk, in gambling you have no way to reduce the risk you are facing as the casino controls every single aspect of the game but in trading you can decide what risks are acceptable to you and which risks are not, now I will admit that there are many people that call themselves traders and are in fact gamblers in disguise, that is true, however if you actually trade using a system and make heavy use of money management skills your risk can be reduced massively making you a trader in the process.