Ninjastic
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Board Trading Discussion
Re: Trader don't speculate?
by
gabmen
on 22/02/2019, 13:26:59 UTC
Quote from: Noa_Amable on February 22, 2019, 01:03:08 PM
Quote from: yvesp110 on February 20, 2019, 06:13:23 PM
Quote from: karungbitcoin on February 15, 2019, 08:36:02 AM
Speculation is nearly the same like gambling, but trading is activity that the same like others business that we should be use risk management and trading plan. Beside that we should be have knowledge about technical analysis and how to predict trend of crypto market.
In speculation, we make use of the exchange rate fluctuation. The exchange rate goes up and you sell. This is called exchange rate arbitrage. But this is risky because the exchange rate could go down as well despite going up so speculation is rather adored by those who are the risk takers. A speculator could be trader but a trader could not always be speculator.

100% correct.
trader could be a hodler but a speculator is always a trader (or a gambler)

Well, from the word speculate itself dudes. It's like making a decision based on rumors around the market. Though sometimes, speculating goes hand in hand with trading since what you hear in the news and reports could highly influence your decisions, hence you're speculating about what the outcome would be based on the reports.