Post
Topic
Board Trading Discussion
Re: Trading is unpredictable job.
by
carlfebz2
on 17/03/2017, 03:24:37 UTC
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.
True,if the prices moves seems like being manipulated then as a wise trader we should really see it as an opportunity to make money even which way would bitcoin price go as long we do know on what we are doing it would be fine and just like all traders they are eagering to make money out of trading even prices is unpredictable.