Rigon
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May 03, 2023, 02:27:20 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).
What do you think?
The cryptocurrency market is somewhat speculative to say the least. At one time I thought that those who make the signals in the market might technically make the market conditions. But slowly when I started spending time on the trading platform and got to know everything now it seems that what I thought was completely different. Now the market condition I can consider myself where the market can go now. I can pick up some ideas just by looking at the candles. Especially if there is any bad news or good news, the market starts to be more volatile. In this case, if you want to make sound market decisions, always keep updated with crypto news. Then you will get the right market decision. Also the market not only moves speculatively but also analyzed in some technical analysis.
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South Park
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May 04, 2023, 09:03:51 PM |
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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.
It is common sense that if you are risking your money in order to try to increase how much of it you have then there is a possibility of losing it, but you need to understand that a great deal of newbies out there have no common sense when it comes to the markets, they simply expect that they will come here, invest in any coin without doing their due diligence and somehow they are going to come on top and make a lot of money, you and I know this does not make sense, but many newbies sincerely believe this is possible and will only believe otherwise until the market proves them wrong.
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CarnagexD
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May 05, 2023, 11:47:26 AM Merited by Casdinyard (2) |
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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?
Trading is simple. It is as simple as a transaction of willing buyers to willing sellers. Both can demand or ask for their desired price. The orders for both sellers and buyers are what you call liquidity. When the transaction is complete, that's what you call trading. Where it occurs is what we call it marketplace. The more liquid the asset is, the better the market. That's why Bitcoin is too great to trade. Its volatility. Trading Profitably is what's difficult. You have to find your niche, find what works for be it fundamental analysis or technical analysis. Both can be profitable going short or long at the same time depending on their strategy. As long as you have the right mindset and psychology and you can implement your trading plan consistently, you can have profitability in the market. That's how you create your own luck as a speculative trader.
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danherbias07
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May 05, 2023, 01:38:32 PM |
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That's correct. There's no way it a trader could perfectly or accurately predict where the market will go. I think of it like there's an opponent on the other side of the world. They have their own speculation about where the price will go and so do I. Before, this doesn't make sense to me, especially in the altcoin region where the prices sometimes go too far away with the buy and sell amount. This is where profits will come, almost like a guessing game and if you are right then you win. Profits, not prizes or gifts which makes it more fun. Some say it's more like gambling but actually, it's better than it, it just gets boring if you do it every day for a couple of years or more because it's a repeatable quest. As long as someone knows what he is doing then trading could really be a good way to make extra money.
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Doan9269
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May 05, 2023, 04:06:24 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. Everything about bitcoin has no stable prediction because it work by the protocol of volatility and this call for more soeculative ability in every aspect of trading, you could sometimes see a trader studying the weekly candles on bitcoin chart in other to know the flow and direction of the market price for bitcoin so as to avoid losses while trading, but many couldn't identify the reason why they engage doing this while trading 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.
As each buyer beads for the pricing rate so it also varies from tie to time as the market remain volatile, this is how the traders earn their accumulated income little by little, the quantity or rate one is selling or buying is also another factor that determines the price set for the trade.
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ethereumhunter
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May 05, 2023, 04:49:57 PM |
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The crypto market is always speculative and will change every day. You can adapt to circumstances and determine when to trade if your analysis skills are good enough. But trading cannot be done only by speculation because it could miss what we expect.
It is true that crypto traders cannot determine exactly when the price will increase or decrease. And when any news is released, it will affect the crypto market, so we must be aware of that and prepared for whatever happens. And having analytical skills can help us survive in all situations and conditions.
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TheUltraElite
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May 05, 2023, 04:55:57 PM |
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It is true that crypto traders cannot determine exactly when the price will increase or decrease. And when any news is released, it will affect the crypto market, so we must be aware of that and prepared for whatever happens. And having analytical skills can help us survive in all situations and conditions. These analysis are mostly for the short term and if we avoid that we can still be profiting in the long term. Because these are not exactly science, the analysis are correct 50% of the time. Thus you decisions should not base on the analysis only because it is only correct half the time, but also on the news the market fear and greed indices etc. Overall, newbies should understand that the speculation drives the market and that the immediate effect is only visible on short term. The effect normalizes in the long term and thus they should focus more on that.
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touseefahmad1999
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May 05, 2023, 05:07:12 PM |
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You are correct that the crypto market is speculative and highly volatile, and that trading involves speculating on the future price movements of cryptocurrencies like Bitcoin. It's important to understand that trading involves taking on risk, and that there are no guarantees in the market.
Technical analysis, indicators, and fundamentals can all be useful tools for traders to analyze the market and make informed trading decisions. Technical analysis involves using charts and patterns to identify trends and potential entry and exit points, while indicators use mathematical calculations based on price and volume data to identify potential buy and sell signals. Fundamentals, such as news and announcements, can also have a significant impact on the market and can be used to inform trading decisions.
It's important for new traders to have a solid understanding of the market and the tools available to them before they start trading. It's also important to manage risk carefully, and to never invest more than you can afford to lose. Traders should also have a clear trading plan and stick to it, and be prepared for the ups and downs of the market
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imamusma
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May 05, 2023, 06:43:24 PM |
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The crypto market is always speculative and will change every day. You can adapt to circumstances and determine when to trade if your analysis skills are good enough. But trading cannot be done only by speculation because it could miss what we expect.
It is true that crypto traders cannot determine exactly when the price will increase or decrease. And when any news is released, it will affect the crypto market, so we must be aware of that and prepared for whatever happens. And having analytical skills can help us survive in all situations and conditions. Of course the crypto market is speculative, sometimes predictable and mostly difficult. This is the dynamics that occur in the market so that there is no pattern that is always the same every time that can consistently benefit traders and investors. I would definitely say price volatility is important to have in crypto as prices are affected by supply and demand. It is a free market that tends to be unregulated but but very likely to be manipulated. Some don't like it and I can conclude that this is not the world for them. Analysis helps traders and investors find the right time to buy, although it is not a guarantee of consistently making big profits.
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rozak
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May 05, 2023, 07:15:09 PM |
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The crypto market is always speculative and will change every day. You can adapt to circumstances and determine when to trade if your analysis skills are good enough. But trading cannot be done only by speculation because it could miss what we expect.
It is true that crypto traders cannot determine exactly when the price will increase or decrease. And when any news is released, it will affect the crypto market, so we must be aware of that and prepared for whatever happens. And having analytical skills can help us survive in all situations and conditions.
when a trader has more experience and skills, it will help them to minimize the risks they face. indeed they can not accurately see the movement of the market. But what they do with good analysis will tell them the odds and opportunities the market will move. that is what many traders do. if you don't want to take a bigger risk, then you can wait by investing in Bitcoin. even though it is risky but still it will be smaller than trading.
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bbigtart
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May 05, 2023, 07:56:40 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?
The crypto market is full of speculation, and all observations and trading decisions are based on speculation. However, I would like to add that not only beginners make wrong decisions based on speculation. Even experienced traders can make mistakes in predicting price movements. Because if you only rely on instinct in trading it can often cause losses. Therefore, traders need to study and understand the crypto market in depth before starting trading. In addition, experience is also very important in predicting unpredictable price fluctuations. Making prudent trades with an eye on technical and fundamental analysis can help traders minimize risk and increase profit potential in the crypto market.
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Mame89
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May 05, 2023, 08:12:58 PM |
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Knowledge of speculative markets can no longer be considered as something only known to beginners, especially with the easy access to various trading platforms today. However, I also want to stress the importance of analyzing data and other supporting factors in making wise trading decisions. Understanding the fundamental and technical factors that affect the price of an asset is very important for a trader. Successful traders do not only rely on speculation, but also study and understand market trends, price behavior, and economic and political news that can affect the market.
Apart from that, controlling emotions and analyzing the truth of every news is also very important for a trader. Emotions such as greed and fear can lead to bad decisions in trading, so it is important to learn to control these emotions.
Finally, it is also necessary to take the initiative to always learn and improve knowledge and skills in trading. The market is always changing and no one can predict for sure, so successful traders are always learning and adapting to market changes.
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Wiwo
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May 05, 2023, 09:06:34 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. In case 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?
Nice to dates for both newbies and any other rank member on bitcointalk that may not have the understanding of this fact about bitcoin price movement, and for the fact that Bitcoin is a speculative asset makes it trading possible and while a buyer may be predicting future uptrend price, the seller, on the other hand, doesn't necessarily need to speculate a possible bear market in the future. While trades happen for various reasons, but speculation is greatly out of this and not everyone that is opening a sell order is predicting a possible bear market, but the buyer, on the other hand, is speculative and in an uptrend direction since profits making is the primary aim for trading/buying bitcoin.
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Obari
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May 05, 2023, 10:15:12 PM |
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Well I think anyone who is coming into trading already knows the nature of what he or she is going into and that trading is very speculative and tye result we get should be bade on our technical analysis and just as as other users have stated that nothing is certain in trading and no one trader can boldly brag of a certainty of the entry point of a trade and its entry point, Hence, all our results are based on assumptions on trading and that's why it is always advisable to study the chart and make some technical analysis so as to at least stay updated with the market and being at the page with the market and it's indicator.
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ethereumhunter
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May 06, 2023, 03:40:47 AM |
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These analysis are mostly for the short term and if we avoid that we can still be profiting in the long term. Because these are not exactly science, the analysis are correct 50% of the time. Thus you decisions should not base on the analysis only because it is only correct half the time, but also on the news the market fear and greed indices etc.
Overall, newbies should understand that the speculation drives the market and that the immediate effect is only visible on short term. The effect normalizes in the long term and thus they should focus more on that.
Beginners must understand and learn to analyze market conditions to find when to enter the market. And if the market conditions are not like your analysis, you should not decide to enter the market and it is better to wait a little longer. It will be better for you because you have prevented any risks that arise if you still enter the market. And advice for beginners is to control their emotions when they see negative news and not panic. Of course the crypto market is speculative, sometimes predictable and mostly difficult. This is the dynamics that occur in the market so that there is no pattern that is always the same every time that can consistently benefit traders and investors.
I would definitely say price volatility is important to have in crypto as prices are affected by supply and demand. It is a free market that tends to be unregulated but but very likely to be manipulated. Some don't like it and I can conclude that this is not the world for them. Analysis helps traders and investors find the right time to buy, although it is not a guarantee of consistently making big profits.
With price volatility happen, that can allow us to buy and sell at the price we want. I think we can make profits as long as we don't greedily pursue profits. And if they can't stay in the market with the volatility that occurs every day, they don't need to stick around and try trading but should learn more before trying to trade again. This will prevent them from incurring losses which could get bigger if they still decide to trade. when a trader has more experience and skills, it will help them to minimize the risks they face. indeed they can not accurately see the movement of the market. But what they do with good analysis will tell them the odds and opportunities the market will move. that is what many traders do. if you don't want to take a bigger risk, then you can wait by investing in Bitcoin. even though it is risky but still it will be smaller than trading.
That is why a trader must be able to learn to improve their skills in trading. And when their analytical skills have improved, they can know when to enter the market. It can provide more opportunities if they can get good analysis results even though the results may be wrong due to market volatility. Investing in bitcoin is the right decision anyone, including inexperienced beginners, can make. And when they can buy when the price is declining and hold it and not panic, they will have the opportunity to make huge profits in the future by staying on hold in the bear market it is today.
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jeraldskie11
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May 06, 2023, 04:17:29 AM |
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For me, it's probably better to say that the market is predictive. It is also necessary to analyze the market to increase the probability that the market will go in the direction you want. However, we do not control the market so we are not the ones to decide instead we are the ones to adjust and conform to where the price can go. If you trade or invest in a speculative way, you will surely find it difficult to succeed in your crypto journey.
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DevilSlayer
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May 06, 2023, 10:15:13 AM |
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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.
They really should and for me this is very important, if you enter this market without fully aware, accepting and embracing the risks then I'm sorry to say but you are in a wrong path. In this path there is no sureball or a sure profit that can give you consistently, that is the reason why the win rate among all of the traders and investors are very low. Only few people manage to beat the market because they are the one who are aware and accepting the risk very well. Avoiding losses is also a factor, how can you avoid something that is completely unavoidable? It is one of the nature of the cryptocurrency market which is the uncertainty. There is a risks because of the uncertainty, meaning that you cannot know if the coin that you are holding will increase or decrease because of a lot of factors in the market. Fully accepting the risk is necessary but it is not enough, it is just part of the steps if you want to become a profitable trader in this industry. There are a lot of things that you should also make a focus like learning the right system that is fit and suitable for you, learn how to manage your risk very well, the right mindset of a trader/investor and lastly how will you perceived the information given by the market to you. These are things that are necessary to make consistently earning in this market, most of the traders/investors doesn't give a fvck to it and that is the reason why they do not make any profit.
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huu78
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May 06, 2023, 11:23:36 AM |
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You are correct that the cryptocurrency market is highly speculative and volatile, with prices constantly moving up and down. Trading involves buying and selling digital assets based on one's speculation about the future direction of the market.
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ItsCrafty
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May 06, 2023, 11:38:18 AM |
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For me, it's probably better to say that the market is predictive. It is also necessary to analyze the market to increase the probability that the market will go in the direction you want. However, we do not control the market so we are not the ones to decide instead we are the ones to adjust and conform to where the price can go. If you trade or invest in a speculative way, you will surely find it difficult to succeed in your crypto journey.
Market is predictive only for those who are familiar with trading for sometime who always keep update himself with latest economic news, Bitcoin big whales wallets, buying and selling volume, fear in the market, adoption of crypto and other . Newbie have no knowledge which side market will go and theirs all trading done blindly just like buying lottery. Market have chances both up and down but investing in proper strategy will not let you loss in trading. for example of we start from 30% fund if Market down and become bearish then we will hold previous one and will use another 30% for trading. both bull and bear market strategy should be change. In bull we should look for 10%-50% profit while in bear 3% is big.
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kapalmabur
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May 07, 2023, 12:47:55 PM |
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You are correct that the cryptocurrency market is highly speculative and volatile, with prices constantly moving up and down. Trading involves buying and selling digital assets based on one's speculation about the future direction of the market.
Yes, crypto price movements are so volatile and this makes it difficult to predict, we must know when the time to buy and sell is very important, even though it is not easy and we must always follow market movements.
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