Quote from: wxa7115 on December 16, 2019, 07:39:49 PM

Quote from: Wexlike on December 15, 2019, 06:46:17 PM

Quote from: Pipdips on December 03, 2019, 09:36:22 PM

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?

It's a big pile of entropy. One guy in a million will have the chance to guess 20 times the correct answer in a random 2 roll. And then he is rich, a genius and an incredible speculator. But no one would ever admit to just be lucky.

There is a very famous phrase that says "even a broken clock is right twice a day" we have millions of people in this market and each one of them has an opinion about what the price of bitcoin is going to do during the next day, week, month or year so during each year we are bound to get millions of predictions about what the market is going to do and the probabilities dictate that at least some of them will have to be right.

So it is entirely possible that a trader that gets many of his predictions right is not doing this out of skill he's just been lucky.

Outcomes would only out on two possible results either going through it or would go to the opposite way.Its non surprising to have lots of speculations yet
we've been dealing with a very speculative market.So even an average trader or joe can create his own insights on what are his guesses when it comes to potential
price on a particular point. Expertise isnt really considered on here yet we've been just guessing.The difference here is that some experience people do have more reasonable
speculations compared to those who are'nt.