Post
Topic
Board Economics
Re: Is trading just educated guessing?
by
ultraminer11
on 05/02/2018, 16:02:31 UTC
Can you really be sure you will profit unless you have insider info?


Trading is an arts and science. If you are only guessing then most probably you lost lots of money already in Crypto. If you will only devote yourself in trading then chances of good trades also improve.
Trading can be view as educated guessing especially when you trade just with one asset(such as Bitcoin). You solely depend on the estimation of how the currency is gonna evolve. It is not just a means of guessing rather it is also a matter of taking a risk. A risk that you take it can be for your own credit or to the others. But while your taking that risk you should have that think of all the possible outcome that can be happened, but you would take that risk in favor to your side.