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Author Topic: Every signal is a speculation  (Read 606 times)
cryptomaniac_xxx
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October 12, 2022, 09:10:18 PM
 #41

Sometimes the advice of the some of the traders we all think that it's good or the best advice concerning the signals of cryptocurrency some of them are not correct because i believe that many of them are interpreting what they understand from their own signal group or work so the trust can't be hundred percent

I very rarely trust any signals if I want to trade or invest in the short term. Because the signal is made by someone based on his experience or based on advice from other people too, so I think there is no need to fully rely on advice about signals from other people because that person will not bear the loss you experience.

I'd say not everyone though, there are good traders who give free signal but that's it, you have to take it from there. Nevertheless, base on my experience, I would rather learn it myself than to rely on someone else, just saying.

All of that is about the decision of each person who wants to believe in certain signals because with certainty it is also not necessarily one hundred percent correct, so it still requires more understanding before believing in signals that are told by others. Especially now that there are so many signal groups with a large number of members, and because those in the group are people we don't know, so I don't think you have to immediately believe the signals given by them will not be so bad for you personally

It's not an exact science, it's just the probability that it might hit this certain price based on the previous historical logs. So it's up to you whether to believed it yourself. But it's like being the norm traditional financial market. The problem is that crypto is very volatile so this kind of signal might be invalidated very quick.
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October 12, 2022, 11:06:34 PM
 #42

Carry out your personal research or before investing or holding in the community will really help you in this bearish season,  because many traders missed it some years ago that made them to learned their lesson never to follow other traders prediction than to use their own strategies. I think, those that will exercise patience with this current market situation will have something massive to achieve in the future, because the bearish season is coming to an end soon to allow the holders to smile again. I believe, many traders will get it right this time because they are fully ready to use their own analysis to get it right.
I think it requires a bit of expertise to do that but it is better to study and learn and be better compared to just not doing it at all or taking information from other people. I am not going to listen to what some influencer who got paid to promote a project says, but if I do not know how to pick a coin at the right time, it's still better not to trade at all and not make any profits at all, instead of checking what those people say.

Study, there are a lot of resources available, and after you study and learn then you can start to trade and that way you would be making a good profit eventually all thanks to what you have achieved yourself. This is not a theoretical one but what I learned and practicing in my real life!

What you say is true to my experience during crypto investing and trading, because it is not a good thing to rely on the opinions of others
to make decisions. There are so many trading groups that I joined when I first got to know the crypto world, ranging from free group trading
to paid ones, neither one satisfies me. All trading groups that I joined only made me lose a lot of money, learn from my experience, I began to
realize that group trading was created only to make the owner of the trading group gain personal profit. Because if they do have an accurate signal,
it's impossible for them to share it with others.

After the bad incident I experienced by following a lot of trading groups, I finally realized that we should be able to do our own research and analysis,
because after all the results of our own research and analysis are much more reliable than the signals given by others. So instead of spending
money trying to trade from the signals we get from group trading, it's better to use our money to pay for trading courses that can teach us how to do
the right analysis. Because by having good research and analysis skills, we can not only generate profits, but our abilities will also continue to grow.

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October 12, 2022, 11:28:53 PM
 #43

Sometimes the advice of the some of the traders we all think that it's good or the best advice concerning the signals of cryptocurrency some of them are not correct because i believe that many of them are interpreting what they understand from their own signal group or work so the trust can't be hundred percent

I very rarely trust any signals if I want to trade or invest in the short term. Because the signal is made by someone based on his experience or based on advice from other people too, so I think there is no need to fully rely on advice about signals from other people because that person will not bear the loss you experience.

All of that is about the decision of each person who wants to believe in certain signals because with certainty it is also not necessarily one hundred percent correct, so it still requires more understanding before believing in signals that are told by others. Especially now that there are so many signal groups with a large number of members, and because those in the group are people we don't know, so I don't think you have to immediately believe the signals given by them will not be so bad for you personally
Even myself wont really be that easy to trust on any signals been provided or any analysis that been shown off publicly.I do bare up in mind that every signal is just still speculation.
Although there are really differences into those whom had created that one, either a newbie trader or a professional one.You could definitely able to tell if you do have that experience
but if not the its likely you would really be that believing easily believe into these things and would follow and make out decisions basing into that.
Its up to you whether you would really be going along or would really be following on what you had analyzed on your own.

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October 12, 2022, 11:40:05 PM
 #44

I have had experience dealing with crypto experts who provide signals with lots of indicators, strategies and analysis and i came to discover no one is a master of the market. Some analysis can go with the trend some against the trend, Some might profit on a long term, some on a short term while others only project loses.

There is no perfect analysis however if you see their analysis is really good, properly backed up with valid reasonings, and does make sense to believe, that's what I called having a master knowledge of analyzing market behavior.

Obviously, don't expect that they will always predict accurately the market.

What they are doing is speculating about the possible things that will happen and making it a reference for their next move.

Not unless we are talking about "experts" here that provide signals without explanation and ask for subscriptions, just ignore these people.
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October 13, 2022, 03:02:55 AM
 #45

Speculations are guesses. Informed or simply blind guesses, they are probably all the same. If a speculation on Bitcoin's price is based on technical analyses on charts, it may or may not happen. If a speculation is fundamental, it may or may not happen just the same. If a guess is just based on gut feeling, it may or may not happen also. At the end of the day, all of them are guesses. And as guesses, they are all equal. So I'd rather just hodl my Bitcoin and forget about those inaccurate predictions.
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October 13, 2022, 07:00:26 PM
 #46

Speculations are guesses. Informed or simply blind guesses, they are probably all the same. If a speculation on Bitcoin's price is based on technical analyses on charts, it may or may not happen. If a speculation is fundamental, it may or may not happen just the same. If a guess is just based on gut feeling, it may or may not happen also. At the end of the day, all of them are guesses. And as guesses, they are all equal. So I'd rather just hodl my Bitcoin and forget about those inaccurate predictions.

You may be correct to say that speculations are guesses, but you are absolutely not correct to say that both informed and basesless speculations are same. It therefore means that you are undermining the power of analysis, be it technical or fundamental.
If I wake from sleep tomorrow and decides to buy Bitcoin hoping that bitcoin will hit 50,000 dollars by February, 2023.
It is a wishful thinking which could also come to pass. But if compared to someone that has monitored the graph and the chart patterns, considered the information in the media and the financials new and makes an informed speculation, you will discover that my qishful thinking could be a total dumb.

Buying low and selling high is not a luck, it is a skill and someone that has the skill will do better than a layman.

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October 14, 2022, 02:31:24 AM
 #47

Speculations are guesses. Informed or simply blind guesses, they are probably all the same. If a speculation on Bitcoin's price is based on technical analyses on charts, it may or may not happen. If a speculation is fundamental, it may or may not happen just the same. If a guess is just based on gut feeling, it may or may not happen also. At the end of the day, all of them are guesses. And as guesses, they are all equal. So I'd rather just hodl my Bitcoin and forget about those inaccurate predictions.

You may be correct to say that speculations are guesses, but you are absolutely not correct to say that both informed and basesless speculations are same. It therefore means that you are undermining the power of analysis, be it technical or fundamental.
If I wake from sleep tomorrow and decides to buy Bitcoin hoping that bitcoin will hit 50,000 dollars by February, 2023.
It is a wishful thinking which could also come to pass. But if compared to someone that has monitored the graph and the chart patterns, considered the information in the media and the financials new and makes an informed speculation, you will discover that my qishful thinking could be a total dumb.

Buying low and selling high is not a luck, it is a skill and someone that has the skill will do better than a layman.

I'm assuming that speculations are reasonable. I'm definitely not referring to speculations that are so ridiculous that they are absurd. Perhaps I did use the wrong words to state my point, but when I said blind guesses for example, I definitely do not mean that somebody would buy today because he feels like the price would rise to $100,000 tomorrow or sell everything today because the price would be zero when he wakes up. I do not mean that. I mean that's not even worth talking about.
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October 14, 2022, 06:58:32 AM
 #48

I'm assuming that speculations are reasonable. I'm definitely not referring to speculations that are so ridiculous that they are absurd. Perhaps I did use the wrong words to state my point, but when I said blind guesses for example, I definitely do not mean that somebody would buy today because he feels like the price would rise to $100,000 tomorrow or sell everything today because the price would be zero when he wakes up. I do not mean that. I mean that's not even worth talking about.
When he made a blind guess, he would have a hard time seeing the price changes all the time and only panic would he feel.
But many people still make blind guesses, especially those who rely on signals from other people.
They tend not to survive when the market situation is truly unpredictable as it is today and will not benefit from trading.
But if anyone could do it, it would be because he had luck and it would look like he was playing a gamble.

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October 14, 2022, 09:08:56 AM
 #49

Every sign or issue that occurs can certainly be a trigger for speculation, for example tweets from top influencers like Elon Musk who will buy it will affect the price, although not always true but good or bad signals are things we must respond quickly.
Yes, that's right, don't let us miss the signal given by Elon Musk,
because Elon Musk has been proven correct and even a tweet about $20000 the market responded well,
even though the price of Bitcoin last night was also a dump and resulted in a dump of altcoins,
but in the end it came back above $19 k may retest to $20k, hopefully it will and breakout.
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October 14, 2022, 10:42:45 AM
 #50

Every sign or issue that occurs can certainly be a trigger for speculation, for example tweets from top influencers like Elon Musk who will buy it will affect the price, although not always true but good or bad signals are things we must respond quickly.
responding each signals will only hurt your investments and the market, why not forget about the negative and just follow the positive one?
with these surely we will be certain about the capacity of our mindset to win against FUD and market depression .

In past ,I use to be affected of each signals I get from groups but now? i deleted all of those and i only trust this forum to learn and understand the market sentiment.

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October 14, 2022, 08:11:53 PM
 #51

Every sign or issue that occurs can certainly be a trigger for speculation, for example tweets from top influencers like Elon Musk who will buy it will affect the price, although not always true but good or bad signals are things we must respond quickly.
I am not so sure I agree, it is true that when a person with a lot of influence like Elon makes a statement or movement then the markets tend to move with him, but this is not always the case and the particular influence of Elon has been decreasing for some time among the enthusiast of this market, so it is important to take with a grain of salt whatever is said by influencers like him as we must never forget that Elon only cares about his own well being and he is not above manipulating the markets for his own convenience.
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October 14, 2022, 09:52:21 PM
 #52

Every sign or issue that occurs can certainly be a trigger for speculation, for example tweets from top influencers like Elon Musk who will buy it will affect the price, although not always true but good or bad signals are things we must respond quickly.
Influencers like Elon Musk also have their own goals when tweeting about something, because he is a businessman who always seeks profit with more goals and targets.
So it could be Elon Musk tweeting first before buying or waiting for a response from many people after tweeting within a few hours. That's why everyone doesn't have to immediately believe in a tweet made by Elon Musk even though they need to see or respond quickly to what Elon Musk said via tweet.
Why people do always mind off that whenever these popular or known people would be making out some tweets which it do likes that they dont have the rights on doing so? Everyone does have their own freedom of

speech or something in related.It is really just people around do really make out those kind of reactions and impressions that it might really be that a normal word or something that there's a meaning inside
and some do even thinks or impressed as those words to be manipulative.

Well, you cant blame out people on thinking up on that way considering on how many times we've been deceived not only by Elon but also in other personalities as well.

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October 14, 2022, 11:06:42 PM
 #53

I have had experience dealing with crypto experts who provide signals with lots of indicators, strategies and analysis and i came to discover no one is a master of the market. Some analysis can go with the trend some against the trend, Some might profit on a long term, some on a short term while others only project loses.

With the rate at which speculation of price keeps getting different views as the day goes by i think it will be wise if everyone who owns, buys, hodl and trade bitcoin learn about chart interpretations and fundamental analysis impact on Bitcoin. The fact here is volatility has come to stay and as such knowing how to go about your analysis should be a necessity for Bitcoin holders.
fundamental and technical analysis that's the most important especially if you are holder because everytime you need to check the situation if its ok or not and when is the right time to sell and to buy.  It's very essential tbh and without such knowledge you cannot take advantage the market and there's no way you will become successful at the end.
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October 15, 2022, 08:44:57 AM
 #54

The trader certainly knows that all signals that occur in the market can be used as speculation, when in an hour there is an increase of more than 5% then we will think that the opportunity for rising is very large, but if in an hour the price of drops 5% then we will think that market opportunities will be red again.
Everything around in crypto when it talks about prices for the incoming are speculations, that was the reality. However, people are having fun with it and aside from that, this is a way also to make them more particular about the trend and this helps them understand the behavior of the market. There is nothing we can do in a volatile market like this but just draw conclusions based on the market movement. That is why TA and FA are very important when investing for this will guide us in choosing the best project to invest, not like a guessing situation.

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RealMalatesta
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October 15, 2022, 09:49:41 PM
 #55

Every sign or issue that occurs can certainly be a trigger for speculation, for example tweets from top influencers like Elon Musk who will buy it will affect the price, although not always true but good or bad signals are things we must respond quickly.
Yes, that's right, don't let us miss the signal given by Elon Musk,
because Elon Musk has been proven correct and even a tweet about $20000 the market responded well,
even though the price of Bitcoin last night was also a dump and resulted in a dump of altcoins,
but in the end it came back above $19 k may retest to $20k, hopefully it will and breakout.
I do agree that there are certain people like Elon or CZ that has some sort of power over the markets and that's understandable, they are really famous. But that doesn't mean that we should be doing it, it just means that we are doing it nonetheless when we shouldn't. They shouldn't dictate where our money should go, it shouldn't respond well or badly just because they tweeted something.

However, with someone that has tens of millions of followers on twitter, I would prefer this Elon who likes crypto, over someone who dislikes it. Elon can't give you any signals, he could just tweet about it, and people would react to his tweets and that's the deal.
GreatArkansas
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October 15, 2022, 10:44:40 PM
 #56

(....)
Everything around in crypto when it talks about prices for the incoming are speculations, that was the reality. However, people are having fun with it and aside from that, this is a way also to make them more particular about the trend and this helps them understand the behavior of the market. There is nothing we can do in a volatile market like this but just draw conclusions based on the market movement. That is why TA and FA are very important when investing for this will guide us in choosing the best project to invest, not like a guessing situation.
And consider also those people who are die-hard for some people who are just fans of giving random signals which we already know that they are pure speculations.
We cannot blame them because sure they are lured by some people especially some celebrities or popular persons on the internet especially social media.
Verifying and identifying by ourselves like using technical analysis and fundamental analysis will help us to not rely on some signals, we will not blame other people on it.

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Wong Goblog
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October 16, 2022, 02:07:55 AM
 #57

Cryptocurrencies like roller coaster certainly have a down and down trend with high grades, I have traded on forex and very small price fluctuations, if there is 1% fluctuations, this is a surprising thing, in contrast to cryptocurrencies, up or down the price of 10% Usually happens.
peter0425
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October 17, 2022, 05:14:16 AM
 #58

The trader certainly knows that all signals that occur in the market can be used as speculation, when in an hour there is an increase of more than 5% then we will think that the opportunity for rising is very large, but if in an hour the price of drops 5% then we will think that market opportunities will be red again.
Everything around in crypto when it talks about prices for the incoming are speculations, that was the reality.
+1 mate, and besides how can this be very popular if this is not about speculative ? this is why crypto become attractive because of its nature.
Quote
However, people are having fun with it and aside from that, this is a way also to make them more particular about the trend and this helps them understand the behavior of the market. There is nothing we can do in a volatile market like this but just draw conclusions based on the market movement. That is why TA and FA are very important when investing for this will guide us in choosing the best project to invest, not like a guessing situation.
well, but never spend any amount just to have a signal because this is complete speculative and never to be accurate so there is no way we need to spend for this.
Cryptocurrencies like roller coaster certainly have a down and down trend with high grades, I have traded on forex and very small price fluctuations, if there is 1% fluctuations, this is a surprising thing, in contrast to cryptocurrencies, up or down the price of 10% Usually happens.
but the return compared to forex? isn't crypto is still more higher than that platform.









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Kadal Ijo
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October 17, 2022, 07:17:28 AM
 #59

To make a decision, of course we need a signal, if the signal in the market looks positive then the opportunity to buy more, so it is common when we see any signal then it can be the first step for speculation.

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October 17, 2022, 08:19:11 PM
 #60

The trader certainly knows that all signals that occur in the market can be used as speculation, when in an hour there is an increase of more than 5% then we will think that the opportunity for rising is very large, but if in an hour the price of drops 5% then we will think that market opportunities will be red again.
Everything around in crypto when it talks about prices for the incoming are speculations, that was the reality. However, people are having fun with it and aside from that, this is a way also to make them more particular about the trend and this helps them understand the behavior of the market. There is nothing we can do in a volatile market like this but just draw conclusions based on the market movement. That is why TA and FA are very important when investing for this will guide us in choosing the best project to invest, not like a guessing situation.
And I do not understand why some people are mad about it, after all our lives are full of mistaken predictions and we take many mistaken actions because of them, for example if the weather report forecast that it is going to rain you take your umbrella with you, but if it does not rain then you brought your umbrella over nothing, but still it was a good idea to bring it just in case you needed it, and something similar happens with the predictions we make about the market, they are not completely reliable but it is better to have them than to not have them.
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