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.
speculation usually does not have good management and lacks careful planning. I think traders don't have to speculate but also need careful planning so that profits can still be obtained
Planning based on others speculation right? Everything need to be considered by the traders which will effect the prices then only they can good analysis and make profits from it.BTW everyone related to cryptos are trader because we come here for making money so we do speculation might not know from our knowledge.