Quote from: stadus on March 17, 2017, 02:27:11 AM

Quote from: aardvark15 on March 17, 2017, 12:23:36 AM

Quote from: Monnt on March 16, 2017, 10:36:53 PM

Quote from: Sled on March 16, 2017, 09:06:17 PM

Trading can be predictable job if you are good in collecting news about bitcoin and you are also good in reading charts and if you can do both very well then congrats because you can now predict the market and make profit out of it.

But it will not be that easy to collect all the influencing news about bitcoin and interpreting charts very accurately. That is the reason people are failing with their research and analysis of price movements and finding their trading as completely unpredictable. Still professional and experience of traders are facing losses sometimes, it means unpredictable of trading cannot be solved that easily.

It's also hard to know when whales are manipulating the price by pumping and dumping. There are lots of unknowns like how high it will go before a drop and where the bottom of the dip is.

Therefore it's necessary to be updated all the time, the market maybe manipulated but that wold not mean that we will lose our investment. If we know that it's manipulated then we can always make a timely decision to act on that opportunity. Bitcoin has been existing for longer years already and if you study on the trend, you can tell that it's very predictable.

It is good when we know the time the market was manipulated we can make advantage on it by cutting our losses sometimes it depends upon situation more likely before the big whales comes in we can make huge profit with it .But it is not as easy as predicting because we don't sure if it is only a bait or fake pump to make some movements .Still even manipulators comes in we don't know what can actually happen .If we can ride on them then we can make profits .