As a trader it doesn’t mean you need to monitor your laptop 24/7 just to make sure your doing the right thing, consequently we are using analysis while doing trade, we check the buy and sell order, Now if were done in analyzing the coins its time for us to set buy orders in the coins we had and sell order then even we leave the trading platform or wherever we go its fine.
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i wouldnt say trading is unpredictable, it jjust need a great knowledge in what are you trading and trends of the market, be updated with the news, same thing happens with bitcoins, price depends on the market, some trends, like china and its position with bitcoins, the movement of the market, sales and buys and some other factors that can be reflected in btc prices. So the most important it s to know how to interpret the market trends
but to me i think trading is not unpredictable job, there are so many expert people who have a lot of experience good skills in trading and they also have too good experience in trading, therefore they can predict about trading in more better way and their prediction mostly proved as correct. and that the reason that we consider trading as less risky as compare to to gambling.
Experienced traders can use their level of knowledge as an advantage where they know how to handle, but no matter how good or professional you are at trading, something as guaranteed profits does not exist. High skilled traders make enough profits where they don’t get bothered too much if they happen to go wrong once or twice. But then again, of course it’s less risky than gambling. What legitimate investment or tradable asset isn’t less risky than plain gambling….
The proof is in the pudding really. Try it for a while with small amount of money, if you do well then invest more time and effort. If you lose money long term this means you suck and should find something else to do, its pretty simple.
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Activity: 1120
i wouldnt say trading is unpredictable, it jjust need a great knowledge in what are you trading and trends of the market, be updated with the news, same thing happens with bitcoins, price depends on the market, some trends, like china and its position with bitcoins, the movement of the market, sales and buys and some other factors that can be reflected in btc prices. So the most important it s to know how to interpret the market trends
but to me i think trading is not unpredictable job, there are so many expert people who have a lot of experience good skills in trading and they also have too good experience in trading, therefore they can predict about trading in more better way and their prediction mostly proved as correct. and that the reason that we consider trading as less risky as compare to to gambling.
Experienced traders can use their level of knowledge as an advantage where they know how to handle, but no matter how good or professional you are at trading, something as guaranteed profits does not exist. High skilled traders make enough profits where they don’t get bothered too much if they happen to go wrong once or twice. But then again, of course it’s less risky than gambling. What legitimate investment or tradable asset isn’t less risky than plain gambling
Just noticed this post quoted by another poster
And I want to state my disagreement with your claim. There are quite a few ways that give you guaranteed profits (more or less), and most experienced traders are not only aware of them but actually using them whenever such an opportunity arises. Above all, I refer to arbitrage opportunities which are quite common in cryptocurrencies. I remember when I earned around 0.7 BTC within minutes by buying cheap dogecoins with a few bitcoins at Bittrex and then selling them a few minutes later at Bter. Some dude had placed a huge buy order above market price (around 30 bitcoins in total), and I was just in time to make use of it. Even if this order had been filled before me, I could still sell the dogecoins losing only on trading fees
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Crypto-Games.net: Multiple coins, multiple games
The fantastic bitcoin performance is not really a gamble anymore, it has shown that all the people that just hold keep making gains. It’s funny how the people that got their funds locked in the chinese exchanges have made more money by being forced to hold due the PBOC regulations. The moral of the story is: hold.
But holding bitcoins is being classified as investment hence it is not facing the difficulty of unpredictable nature of markets. Unpredictable is a challenge only for traders not for investors, that must be the reason for performances, you have mentioned. But in contradicting strategy, to overcome the unpredictable markets, the only easy weapon must be holding for long haul.
Even holding helps to get rid of the challenges of price fluctuations, it will not be a preferable strategy for many traders as most traders are not preferring passive trading.
Active trading for a highly fluctuating market finds extra edge when we learn strategies to tackle unpredictable market movements.
There are many people who lost their money on trading, because trading is unpredictable job, in my opinion i need: Method ( i must have system trading) Money ( i must have management of money and risk) Mind ( i must can control my emotion) Tell me your opinions?
By doing trade in the exchange sites, it needs serious analysis in the coins were you are going to buy in what buy or sell wall you gonna place it in the platform. we can use martingale if you know how to use it well, just be careful only
There are many people who lost their money on trading, because trading is unpredictable job, in my opinion i need: Method ( i must have system trading) Money ( i must have management of money and risk) Mind ( i must can control my emotion) Tell me your opinions?
By doing trade in the exchange sites, it needs serious analysis in the coins were you are going to buy in what buy or sell wall you gonna place it in the platform. we can use martingale if you know how to use it well, just be careful only
I though martingale system is only applicable in gambling, trading is a different game because not necessarily you need to double your funds in order to be profitable but in gambling, you will not only double but you still seek for more. Trading requires good techniques using analysis and it should be done with the right timing, gambling is a luck game, so that is the big difference.
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