irhact
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April 30, 2023, 04:15:22 AM |
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We know prices can change but in BTC, the changes happens very fast that you feel happy vindicated in investing in the morning while in the afternoon you could be planing to jump off the cliff when the market made you lose thousands. Traders can avoid this feeling by planning right, when you invest more than you can lose that's when this feelings come to mind when he trade didn't go as you planned. One mistakes newbies make when they enter the market is that they over invest into their trading capital and don't have precaution measure to help them not to lose much Incase their calculation was wrong. As a trader, you should already know that the market is speculative and too volatile therefore you should have a stop loss option activated to take you out of the market when the market dumps. When traders don't have that setting activated they keep losing when the price dump below their entry point into the market.
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adaseb
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April 30, 2023, 05:47:39 AM |
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Every market is like this. Except maybe if you are investing in bonds or investing in stock index and holding for decades everything has risks. Look at real estate.
People last year and 2007 assumed that real estate will always go up and look what happened right after. And real estate is suppose to be considered a very safe investment. Nothing is safe from risk. Don’t invest more than you can lose.
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Litzki1990
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April 30, 2023, 06:28:36 AM |
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It is natural that the market will never stand still. The market is changing every moment. Different investors usually invest based on their certain assumptions, knowing that the market is volatile and there is always volatility in the market. Those who are really experienced in this matter observe the various charts and candles of the market. And everyone has a different ability to understand charts and candles. Everyone observes charts and candles differently.
The Bitcoin market is now between $29,000 and those who buy Bitcoin must wait for the market to go down some more and those who sell Bitcoin will wait for the market to go up some more. This is basically how the cryptomarket operates.
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slaman29
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April 30, 2023, 08:49:16 AM |
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Every market is like this. Except maybe if you are investing in bonds or investing in stock index and holding for decades everything has risks. Look at real estate.
People last year and 2007 assumed that real estate will always go up and look what happened right after. And real estate is suppose to be considered a very safe investment. Nothing is safe from risk. Don’t invest more than you can lose.
Exactly. People just keep forgetting the first "caveat" of investing. "Every investment is a risk, no guarantee of profit". You find this written on official investment documents, the very first thing in fact. And the recent economic crisis taught us that reminder. Government bonds the most low risk right? Returns after long long time right? The US bank collapses were caused by their risk exposure to government bonds. They were forced to sell to get liquidity and lost billions. Nothing is safe from risk.
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CarnagexD
Sr. Member
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April 30, 2023, 04:04:24 PM |
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For newbies in trading, you need to understand that the crypto market is a speculative and not stagnant. It moves up and down known as bull and bear respectively. Incase you don't know, now, how trade happens is when one buyer is speculating up another can speculate down and the exchange happens on the trading platform. For example when the price of btc is $28,000, someone is speculating it further to buy to $29,500 and another can speculate it to sell to $26,000. So depending on your chart and analysis, that determines your winning strength if you speculate rightly. Trading is speculative based on your technical analysis, indicators and fundamentals (news).
What do you think?
True. There is someone speculating for the price going higher. There is also someone speculating for the price going lower. But you forget another person. The person who is patient enough to know when not to have an opinion and just wait for the right time to participate. There is a saying, you don't need to know everything right now. The price could possibly stagnant and remain in a consolidation. That's the phases of price delivery. Remember trading is 90% waiting and 10% execution. The speculative based on your technical analysis, indicators, and fundamentals (news) is just what you only call ANALYSIS. How you perform and interact with the market along with your analysis is what you call TRADING. Know the difference. To be profitable, one must be consistent in both. You don't master the market, you master yourself in trading.
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Bananington
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April 30, 2023, 04:15:34 PM |
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One mistakes newbies make when they enter the market is that they over invest into their trading capital and don't have precaution measure to help them not to lose much Incase their calculation was wrong.
Over investing in their trading amount is a mistake that newbies who forget that there is also a chance of loss make. When they are investing, they mostly are more focused on what they could gain from trading with the money in their trading capital, not the possibility of loosing it all. As a trader, you should already know that the market is speculative and too volatile therefore you should have a stop loss option activated to take you out of the market when the market dumps.
Newbie traders should be really encouraged to learn and understand how to use stop loss, before they begin to trade seriously. It is very important.
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| | | . Duelbits | | | | | █▀▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄▄▄▄ | TRY OUR
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Nrcewker
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April 30, 2023, 04:48:46 PM |
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Newbies join or start’s trading in order to make money. Instead of running behind money, if they make up their mind and decide to learn and trade, then definitely they will make good profits. Trading is all about speculating and gathering knowledge while trading. If you don’t have knowledge on a particular coin then definitely you will make losses or make loss profits when you trade with it. So as a newbie it’s always advised to learn, and watch first, then use it in action to get the maximum profits out of it.
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Wapfika
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April 30, 2023, 05:41:56 PM |
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Newbies join or start’s trading in order to make money. Instead of running behind money, if they make up their mind and decide to learn and trade, then definitely they will make good profits. Trading is all about speculating and gathering knowledge while trading. If you don’t have knowledge on a particular coin then definitely you will make losses or make loss profits when you trade with it. So as a newbie it’s always advised to learn, and watch first, then use it in action to get the maximum profits out of it.
When we start it's more of learning phase and not into profits, thou it will be nice to get the maximum profit as much as possible to gain more interest to learn and to work hard. Trading takes time and courage to keep on doing as we will not always get what we wanted, there are frustrations along the way and failures but those things will keep us motivated to work harder to know how to succeed in trading.
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AnonBitCoiner
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April 30, 2023, 05:46:39 PM |
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Yes there is no doubt about the speculation of crypto market and all the observations are made on the basis of speculation. All newbies don't have complete information and they take wrong decision, they believe on the ideas of other person but they don't know the reality that they just show the price according to speculation but really knowledge doesn't persist anywhere. The main thing is to be patience when the price is low and live with a hope of getting benefit from it so a day will come when you be able to earn from this enhance price.
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NotHatinJustTrollin
Full Member
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April 30, 2023, 05:48:21 PM |
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For newbies in trading, you need to understand that the crypto market is a speculative and not stagnant. It moves up and down known as bull and bear respectively. Incase you don't know, now, how trade happens is when one buyer is speculating up another can speculate down and the exchange happens on the trading platform. For example when the price of btc is $28,000, someone is speculating it further to buy to $29,500 and another can speculate it to sell to $26,000. So depending on your chart and analysis, that determines your winning strength if you speculate rightly. Trading is speculative based on your technical analysis, indicators and fundamentals (news).
What do you think?
I think that this is an accurate description of the crypto market and trading in general. It's important for newcomers to understand the speculative nature of the market and the potential for both gains and losses. Technical analysis, indicators, and keeping up with news and market trends are all important factors that can help traders make informed decisions. Successful traders have a deep understanding of these factors and use them to develop well-informed strategies. However, it's crucial to remember that trading always comes with inherent risks. No matter how sophisticated your trading strategy is, there is always the possibility of sustained losses. It's essential to manage risk wisely and have a well-thought-out plan in place for managing losses.
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SirLancelot
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May 01, 2023, 04:25:33 PM |
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Every market is like this. Except maybe if you are investing in bonds or investing in stock index and holding for decades everything has risks. Look at real estate.
People last year and 2007 assumed that real estate will always go up and look what happened right after. And real estate is suppose to be considered a very safe investment. Nothing is safe from risk. Don’t invest more than you can lose.
Bonds are affected by the interest rate hike while stock index on the other hand fluctuates less. That is what it says after I research this two in the web. This only proves that every investment has their own set of risk. Some are only low while some are high like the crypto market. It's a misconception if someone thinks or says that real estate investments are safe. This is why many people are going crazy over them but these people will only get shocked once their investment drops although like any other investment instruments, there is still a chance that their value can recover. All we got to do is to stay calm and be patient but this is more attainable if we are not risking money outside our capacity.
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yhiaali3
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Fully Regulated Crypto Casino
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May 01, 2023, 04:46:45 PM |
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All traders know that the cryptocurrency market is highly speculative, but this is what makes it profitable despite the high risks.
However, expecting prices does not come by chance, but rather needs study and analysis, whether technical or fundamental. As for relying on instinct in trading, it often causes loss.
Price fluctuations are what makes the crypto market profitable, but predicting these fluctuations is not that easy because it requires a lot of experience.
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EdenHazard
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May 01, 2023, 05:00:00 PM |
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Yes there is no doubt about the speculation of crypto market and all the observations are made on the basis of speculation. All newbies don't have complete information and they take wrong decision, they believe on the ideas of other person but they don't know the reality that they just show the price according to speculation but really knowledge doesn't persist anywhere. The main thing is to be patience when the price is low and live with a hope of getting benefit from it so a day will come when you be able to earn from this enhance price.
Talking about speculation as a general in definition ... i think even ourlives , the daily life ... every seconds ahead where you going to make a decision for every move you take throughout the life is all about speculation , you know nothing about what will happen seconds, minutes, hours, days, weeks, months, years ahead. So yeah for those who mocking and encouraging to stay away from crypto trading as it's very speculative market compared to any others market , they have to re-think about that.
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Bushdark
Sr. Member
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May 01, 2023, 05:47:11 PM |
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To know the market - you need to work for a long time. It doesn't come right away. When I started working with a broker from Amarkets, it took quite a lot of time.
It is not necessarily mean that you need to stay in the market for so long before you have great understanding about the Cryptocurrency market. Trading is something that if we calm down to understand the market well, we are going to get it well even though it looks like we are some l how low to learning. The mistakes that most people makes is that they think they can easily make a lot of money from the market without any sacrifice. Trading is more of during things consecutively rather than want to get everything at once. If you have been in the market for a long time, you will know that trading is more speculative than just normal things that we do to make money from the market.
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Hamphser
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Vave.com - Crypto Casino
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May 01, 2023, 08:14:38 PM |
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For newbies in trading, you need to understand that the crypto market is a speculative and not stagnant. It moves up and down known as bull and bear respectively. Incase you don't know, now, how trade happens is when one buyer is speculating up another can speculate down and the exchange happens on the trading platform. For example when the price of btc is $28,000, someone is speculating it further to buy to $29,500 and another can speculate it to sell to $26,000. So depending on your chart and analysis, that determines your winning strength if you speculate rightly. Trading is speculative based on your technical analysis, indicators and fundamentals (news).
What do you think?
So whats the point? These are the common approach when you do trade on which whether you would really be that need to deal up with volatility which you would be either be choose in Taking profit when it get pumped or would really be hitting up your stop loss on the time that the market would really be giving some red candles. This is why its never been a simple thing on dealing with it, it is really that too volatile and something you cant really just that be able to predict or guess on where it would be heading.This is why its been part of trading on which you would be making use of technical indicators + fundamentals which you would really be saying that having these things would be substantial or really that relevant. Dealing up with market doesnt really need on having that gambler behavior approach because if you do, then you would really be that prone into lots of errors. Market is indeed speculative and there's no way on making yourself that able to guess on what would be the future prices.
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maydna
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May 01, 2023, 10:13:53 PM |
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Don't speculate if you haven't analyzed where the price will move because that can get you in trouble, especially if the price moves in the opposite direction. If you have done the analysis and think the price will move according to your analysis, that's okay. And if the price does move in a different direction, you have a backup plan in place that can help you anticipate losses that could occur. That is why it is highly recommended to analyze first, so we don't just speculate without being able to predict where the market will move.
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GreatArkansas
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May 01, 2023, 11:54:37 PM |
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For example when the price of btc is $28,000, someone is speculating it further to buy to $29,500 and another can speculate it to sell to $26,000. So depending on your chart and analysis, that determines your winning strength if you speculate rightly. Trading is speculative based on your technical analysis, indicators and fundamentals (......)
This is somehow how trading works. That's why there are no people or entities that are 100% winners in trade, and that's why there are people sometimes who lost their money on trading or some are gaining huge profits through their trading profits. That's why the risk management is extremely important when you are trading because, the more you preserve your capital, the longer you will stay in trading.
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jostorres
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May 02, 2023, 06:26:23 AM |
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For newbies in trading, you need to understand that the crypto market is a speculative and not stagnant. It moves up and down known as bull and bear respectively. Incase you don't know, now, how trade happens is when one buyer is speculating up another can speculate down and the exchange happens on the trading platform. For example when the price of btc is $28,000, someone is speculating it further to buy to $29,500 and another can speculate it to sell to $26,000. So depending on your chart and analysis, that determines your winning strength if you speculate rightly. Trading is speculative based on your technical analysis, indicators and fundamentals (news).
It's true that the market is speculative, and it's also true that one can never perfectly time the market no matter how hard one tries by speculations, predictions, market analysis, or anything. One will always have the thought in their mind that they could probably get a better price, whether they are buying or selling. When you are willing to sell if the price is at $28k, you might decide to sell at $28.1k but soon after you sell, the price might go to $28.2k and then you start regretting your decision. The same happens when you are buying, but the truth is, you can simply never perfectly time it.
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Cryptomiles1
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May 02, 2023, 07:02:06 PM |
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Anyone who is venturing the market should be able to accept the risk factors, I know is good of thinking positive but as well also accept the risk. They should know that with any slight mistakes being entry point or inputs with digits can easily make them lost money or that's why as a trader you must familiarize yourself with satoshi calculations and the exact conversion to usdt before venture into trading. As major principle of trading, the process of up and down wards movement of bitcoin is what leads to a successful trading.
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JeffBrad12
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May 03, 2023, 12:22:31 AM |
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honestly everyone should also know that the source of profit generation should be coming from the speculative nature of the cryptocurrency in general, this is also the reason many traders are coming onto this market that is seeking speculation, otherwise from where do they gonna make and even score some massive profits? there's also reason why meme coin are the trend, because it could turn around life within night, and that coming from even higher speculative nature of these meme coin than the ordinary altcoins in general.
I think it's common sense and everyone already understand the consequence of trading in which might also incur loss it's not gonna always some rainbow, even worse 90% of traders in general are just some individual that eventually gonna lose their money.
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