In some cases, this statement that trading is an unpredictable job holds true. However, there are certain situations when you cant say this thing that this statement holds true.
Most of time, it is your skillset and experience which helps you in making wise decisions and that too at tough times. You need to study a lot in order to make some handsome amount of profit by doing trading.
I am a trader and I can say that trading is really unpredictable job because we can't predict when will be the next pump or dump. There are many people who loses theur money in trading because they are panicking and their knowledge is insufficient.
but i think that pump or dump are depending on some news or signals ? Or something? Or naturally it got dumped or pumped ?
It is a famous Japanese saying that there are no accidents. That is, it is not like an event happens out of nowhere.
There are always reasons behind every happening but not all of us can see all of them. Whenever a country bans Bitcoin exchanges or hurt it in a certain way, the decrease in its value is noticeable. When holidays are coming, it would soar most of the time but during holidays the value declines. There are many other factors for these fluctuations.