Is paying curious attentions on the market speculations worth it?

[obuoma]

Stop paying attention to market speculation, always prioritize your own analysis.

If you have a long-term goal, you should not pay attention to small market fluctuations. In fact, when Strategy bought, did it have any significant impact on the market? The market was still normal. But I believe that if Strategy sells a large amount, it can have a big impact on the market, but will it be permanent? Of course not. So if you have a long-term plan, have confidence in Bitcoin and hope that you can profit if you hold it for a long time.

Is there any difference between market speculation and your own analysis? The process of performing those analysis is already market speculation. Market speculation is mostly done by short-term investors and traders because they seek to enter at lower prices and sell whenever they see substantial profits which is the reason the pay close attention to the market and the signals it is giving. Long term investors do not really need to speculate because whatever the market does will not compel them to sell. The only long-term holders that speculate are those using buying the dip in their Bitcoin accumulation, hence, they look to buy at discount.

[Dunamisx]

Why won't you afford to pay close attention to the market you are in cryptocurrency? Many are there to speculate and learn how to predict the market. The more you learn, the better you can perform in crypto.

We cannot just go into anything without having the knowledge of what to do and how to do it accordingly; we are not to be going for guesses in cryptocurrency. Every step taken must be a deliberate one for our profitability. There is a way we can mitigate the incidence of losses if we speculate in the accurate manner that is expected of us.

[Zoomic]

This recent development is another reason why we shouldn't take every market speculation they literally appear.

When they sold at $63k, a lot of people people were suggesting that the market will react but at the end, we're witnessing an uptrend movement instead of a pullback.

That said, it's also important to note that the news was relevant enough to cause a a short-term reaction of the market but I think it didn't happen because there were other forces strong enough to absorb it.

This is why it's good to pay attention to every information while not letting every prediction influence your decision. Otherwise, you'll keep changing your position every time the market does something unexpected.

[cxtreenal]

Look at today market, putting an end to all speculation, the Bitcoin market is showing a bullish trend. It is not yet possible to predict how long this position can be maintained because after a long correction period, this bullish period has created an opportunity for some greedy investors to make a small profit. But they need to know that the price of Bitcoin will not remain in one place for long. The price will rise with demand and sometimes the correction period will pass.

There are elements that create FOMO in the Bitcoin market as well as tempting trends. The market can fluctuate temporarily due to corporate holders buying and selling in large volumes, but the main force in the market is ordinary holders who are holding Bitcoin like us and have taken a target of 4-10 years or period until they reach the over accumulation level.

[YOSHIE]

I don't even know if i should not be paying that much attention on the bitcoin market speculation regarded how the news has always been and how the outcome of the market being totally different.

When you focus on crypto market speculation, if I speculate on that situation it is indeed useful, but not for long-term investors, Crypto market speculation is suitable for short-term traders where they can monitor market sentiment, liquidity or price momentum to carry out trading activities in the crypto market.

But if you make a long-term investment, type your guidelines on crypto market speculation carefully, I'm afraid you will harm your mind, when you see coin prices in the crypto market like now it will trigger emotions and will also give rise to decisions for you, other reasons such as FOMO and so on.

So, if you want to invest long term, don't rely on crypto market speculation, try speculating on experiences that have occurred and speculate on the halving and ATH phenomena, this way might give you a little confidence in investing in the crypto market.

[alastantiger]

It depends, for sure if you are trader, paying curious attentions on the market speculations, it will help you to analyze the market and make a good trade.
It really depends, especially for those people who are looking for their best entry, even for investment purpose or long term hodl. Like for me, I'm just waiting again (if ever we will drop) $60,000 level, so I can buy more cheap Bitcoin.

Paying attention to the market speculation helps if you do not know  how to interpret the charts to know the direction the market is heading but I'd you know how to do that then you do not need to listen to the speculation of others but just do your investing in peace. Traders can always be active in the market but you do not need to be doing the same as an Investor if not it will make you to begin to second guess your decision to hold through the dump that the market is having not knowing you will be melting a mistake out of fear that is why been inactive is better as an investor as it helps you to not become afraid of what is happening to your investment in the short term.

[Asiska02]

And currently the market even looks like it has gained some supports to break the long time $65,000 resistance. Meanwhile Strategy sold when the market was trading at $63,000.

Microstrategy move in the market are no more what the market reacts to anymore. It has become a norm in the market and their move to sell bitcoin or buy bitcoin doesn’t really move the market again. So don’t be surprise that the market is not trading in another different direction to what we should expect after strategy sold some of their holdings. I have also heard news that they will also buy some more bitcoin but I doubt if it that which is moving the market now. I think other factors including some probable positive news from the strait of Hormuz opening could have triggered the move in the market now.

[tabas]

I don't even know if i should not be paying that much attention on the bitcoin market speculation regarded how the news has always been and how the outcome of the market being totally different.
Was it not just last week with the news that Strategy sold 1,690 of bitcoin for approximately $104.7 million? Then speculations with negative odds about how bitcoin price was going to be negatively affected continued to erupt with the believe that other investors will begin sell out of Fomo and wants to opt out before the margin sells begin to have effect in the market.
And currently the market even looks like it has gained some supports to break the long time $65,000 resistance. Meanwhile Strategy sold when the market was trading at $63,000.

And there's a sudden increase of its price when everyone expects it to drop some more. That is why we can't really time the market and it's always been unpredictable, a lot of shorts have been liquidated. And if you're a trader, then always paying attention to the news and what's happening to the market is worth it because you need it. But if you're an investor that holds for the long term, then it is also helpful because if you're waiting for some dips then that shows that if some bad news has come, it's an indication that you should start buying and vice versa.

[danadc]

The news and everything being said in the market is essential for us to know and stay informed, because it's a way to understand what's happening and how the price moves. If we don't stay informed, we won't know where the movements originate.

The investor is different; they simply put their money in, keep an eye on things, and continue investing according to their plan. But a trader needs to stay up-to-date with everything they see. It's not easy, but for a trader, staying informed is crucial.

[GeorgeJohn]

Why won't you afford to pay close attention to the market you are in cryptocurrency? Many are there to speculate and learn how to predict the market. The more you learn, the better you can perform in crypto.

there is people who does not bother to make him wearings but when Things Fall Apart and they become serious to know why things goes wrong.. I consider that anything that has to do with crypto marketing, it needs a serious attention and observation...but people who is not interested in bitcoin will not bother to observe well.

[Pi-network314159]

I don't even know if i should not be paying that much attention on the bitcoin market speculation regarded how the news has always been and how the outcome of the market being totally different.
Was it not just last week with the news that Strategy sold 1,690 of bitcoin for approximately $104.7 million? Then speculations with negative odds about how bitcoin price was going to be negatively affected continued to erupt with the believe that other investors will begin sell out of Fomo and wants to opt out before the margin sells begin to have effect in the market.
And currently the market even looks like it has gained some supports to break the long time $65,000 resistance. Meanwhile Strategy sold when the market was trading at $63,000.

There is no need to pay much attention on tbe market, as you can see the market is currently gaining momentum from the long sleeping $63-64k now to $69k. Maybe by tomorrow we will be touching $70k plus, breaking the resistance and setting new record this month of august. You see why you don't have to bother yourself that much about the market. Now you see that all those bulshit talk about microstrategy dumping the market and investor selling fomo are all crap, what happened now. It's just important you invest and forget about what people are speculating, Bitcoin is really unpredictable.

[Franctoshi]

Yes, it is worth paying attention to, but what you do with the information afterward matters a lot based on the decisions that you would take. It was a few days ago that I joined a discussion on crypto Twitter that we were discussing the present condition of the market and how it has remained stuck at $60-$65k for a wide range of time without any significant increase and the possibility of the price increasing as we're fast approaching the end of the year, and just today we're seeing a bit of a relief rally.

[Fiatless]

Why won't you afford to pay close attention to the market you are in cryptocurrency? Many are there to speculate and learn how to predict the market. The more you learn, the better you can perform in crypto.

there is people who does not bother to make him wearings but when Things Fall Apart and they become serious to know why things goes wrong.. I consider that anything that has to do with crypto marketing, it needs a serious attention and observation...but people who is not interested in bitcoin will not bother to observe well.

The daily happenings in the market are important to crypto traders. They need to gather information that would help them in making trade decisions. I don't think a long-term Bitcoin hodler needs to keep monitoring the market every time. Investors have already set up plans and mechanisms that will be adopted to keep accumulating Bitcoin. Some of them keep DCAing regardless of the economic or market outlook.

[Cryptohygenic]

Why won't you afford to pay close attention to the market you are in cryptocurrency? Many are there to speculate and learn how to predict the market. The more you learn, the better you can perform in crypto.

I understand the area you are pointing at and considering it without being biased there is also some sense of positive and negative outcome of it which by means you pays so much attention with an attachment of emotions could manipulate your decisions wrongly because, if the content of the speculation is negative, you may act accordingly too and when it is positive and you don't see of got what you expected in the period of time, the emotions of disappointment comes.
But the reality remains that as a bitcoin investors, you are expected keep updated about the market news at least for fun. That is if you truly trust the market.
Where emotions is also highly exhibited, then you are just hurting yourself by yourself for no just cause. Simply as that.

[Zackz5000]

It depends, for sure if you are trader, paying curious attentions on the market speculations, it will help you to analyze the market and make a good trade.
It really depends, especially for those people who are looking for their best entry, even for investment purpose or long term hodl. Like for me, I'm just waiting again (if ever we will drop) $60,000 level, so I can buy more cheap Bitcoin.

The price of Bitcoin should be around $69k to $70k now which is not much above the price you are waiting for to start accumulating again, so will you still accumulate if the price still move above $70k or you will still continue waiting until it gets back to $60k ?
Though most traders actually waits for a particular price before they can accumulating Bitcoin, well people can choose to do what ever they feel like, sometimes the price we may be waiting for may not come so why not continue to DCA and could probably accumulate more Bitcoin in cheap price if it Dip down to your desire price target.

[Brizi5000]

Why won't you afford to pay close attention to the market you are in cryptocurrency? Many are there to speculate and learn how to predict the market. The more you learn, the better you can perform in crypto.

We cannot just go into anything without having the knowledge of what to do and how to do it accordingly; we are not to be going for guesses in cryptocurrency. Every step taken must be a deliberate one for our profitability. There is a way we can mitigate the incidence of losses if we speculate in the accurate manner that is expected of us.

Speculation is still a formal type of guessing where you’re only making opinions without being sure if it will 100% play out exactly as you’ve predicted. No matter how you learn it’s still impossible to predict exactly what will happen or when it will in the next few minutes. Take for example what’s happening with the current sudden increase in price, I’m sure very few had seen it coming . It’s cool if as an investor you know your way around the market volatility but what matters most is how you react to each market situation. If the market is going down your reaction tells if you’re in for a quick profit or long term goal as most will want to panic sell to avoid further losses which is a typical trading mindset while a long term smart investor seize the opportunity to accumulate more and hold for a reduced price.

[Tmoonz]

It depends, for sure if you are trader, paying curious attentions on the market speculations, it will help you to analyze the market and make a good trade.
It really depends, especially for those people who are looking for their best entry, even for investment purpose or long term hodl. Like for me, I'm just waiting again (if ever we will drop) $60,000 level, so I can buy more cheap Bitcoin.

The price of Bitcoin should be around $69k to $70k now which is not much above the price you are waiting for to start accumulating again, so will you still accumulate if the price still move above $70k or you will still continue waiting until it gets back to $60k ?
Though most traders actually waits for a particular price before they can accumulating Bitcoin, well people can choose to do what ever they feel like, sometimes the price we may be waiting for may not come so why not continue to DCA and could probably accumulate more Bitcoin in cheap price if it Dip down to your desire price target.

I don't imagine it paying curious attention on the market speculations, and of course it doesn't worth it because all what you will get is confusion, paying such attention is more like being thrown with options that might likely not be true, you will feel drained with public opinion over what should be your personal opinion, everything are just mere speculation, why being curious about it? Yes if you are, you might end up not taken decision, Bitcoin may not dip back to $60k and if it will no one knows when, surely waiting is a waste of time.

[promise444c5]

Depends on why you are willing to to speculate the price.. otherwise you’re just fine with just your regular buying of DCA unless you’re a type that buys mostly dips, you need to set some timers or just  place down orders to automatically execute your purchase.. still, you don’t really need to speculate the price.

People have different reason for engaging in speculations[could be for buying or taking profits], but if you’re just trying to build your portfolio, you may not really need it.

[Female King]

Why won't you afford to pay close attention to the market you are in cryptocurrency? Many are there to speculate and learn how to predict the market. The more you learn, the better you can perform in crypto.

We cannot just go into anything without having the knowledge of what to do and how to do it accordingly; we are not to be going for guesses in cryptocurrency. Every step taken must be a deliberate one for our profitability. There is a way we can mitigate the incidence of losses if we speculate in the accurate manner that is expected of us.

Speculation is still a formal type of guessing where you’re only making opinions without being sure if it will 100% play out exactly as you’ve predicted. No matter how you learn it’s still impossible to predict exactly what will happen or when it will in the next few minutes. Take for example what’s happening with the current sudden increase in price, I’m sure very few had seen it coming . It’s cool if as an investor you know your way around the market volatility but what matters most is how you react to each market situation. If the market is going down your reaction tells if you’re in for a quick profit or long term goal as most will want to panic sell to avoid further losses which is a typical trading mindset while a long term smart investor seize the opportunity to accumulate more and hold for a reduced price.

When you program your self to invest for a long time market speculation won't caught your attention even if it does your reaction won't be the same with some one who is in for a short time gain expecially when there is a serious decline in the market.
Volatility is the nature of bitcoin, it's part of it characteristics those who are there for quick profit will react badly when they are not getting the result they want and sell off when the price remain low for too long.

[Leahized]

When you program your self to invest for a long time market speculation won't caught your attention even if it does your reaction won't be the same with some one who is in for a short time gain expecially when there is a serious decline in the market.
Volatility is the nature of bitcoin, it's part of it characteristics those who are there for quick profit will react badly when they are not getting the result they want and sell off when the price remain low for too long.

Joined in speculation in Bitcoin is natural and It has quite a working capacity. By doing this it is possible to know all the information without much effort. I personally try to learn in any spare time and keep up with new updated information. Not only is it beneficial for long-term investors, it is a good move for all individuals. Because if you have enough understanding about the market. Then you can refrain from making sudden decisions in any situation.

When an investor or trader observes for a very short period of time, even the idea is much less. Then that person's decisions may be consistently wrong. So it is important to constantly persevere. So that the right steps can be taken in later times.