Some brief thoughts on this subject:
I noticed that speculators often do a lot of speculating. With that said, is it possible to focus on speculating only, reading nothing else but all the speculating topics and then somehow becoming better at speculating than others?
bitcoin price who can not predict make people do speculation but it fine because people make speculation based on analysis by chart, demand and supply, seen the history, check and follow the event will come, etc... so no problem when you want to follow the their speculation but remember any risk of every speculation...
No this is not a justifiable explanation and it's so generic because everyone knows that the value of bitcoin and other crypto depends on demand and supply, anyone can use past results to predict but crypto market is highly volatile and does not follow the trend if that was the case then we would have had almost two more bull run by now. I think we just need to act as per the market situation and make trades based on present conditions without following any predictions.
what trend do you mean? i think bitcoin follow the trend, you can see the bitcoin halving in the 2017 all altcoins follow to increase high price its mean trend up... I suppose you are right about make trades based on present condition because following a prediction has high risk and its not really will happen
Some brief thoughts on this subject:
I noticed that speculators often do a lot of speculating. With that said, is it possible to focus on speculating only, reading nothing else but all the speculating topics and then somehow becoming better at speculating than others?
bitcoin price who can not predict make people do speculation but it fine because people make speculation based on analysis by chart, demand and supply, seen the history, check and follow the event will come, etc... so no problem when you want to follow the their speculation but remember any risk of every speculation...
I have been on this forum more than three years with many people prediction with bitcoin in 2019 above $16, but what happen with their prediction where all wrong and not true, how come for next bitcoin price you ca trust with bullshit prediction, never trusted with bitcoin chart have been candle to buy and higher price next year because depend with how investor playing bitcoin on higher or lower price.
remember that prediction is just an opinion by someone, anyone can makes speculation can make prediction and has a two possibility that will really happen or will not really happen , i think nothing wrong without people's prediction but when you follow that dont forget any risk in there.