Post
Topic
Board Trading Discussion
Re: Trader don't speculate?
by
BeGoods
on 05/05/2019, 09:41:41 UTC
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)

Even in trading, there are many people who belong to the holding but people who want to make short term money will always be more speculator about the market conditions. Every time their speculation won't be correct but they will move according to the market situation.
Speculating is part of trading, you will do analysis and research of course you will have a speculation and prediction on the instruments you have, you cannot trade without speculation, will you depend on luck in trading? because you forget speculation