Quote from: Latviand on January 25, 2020, 08:42:36 AM

Quote from: samcrypto on December 03, 2019, 11:57:13 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?

There are some good speculators and feeling pro speculators, you can learn from them but dont depend on that. Good speculation always come with a good reason and analysis, for me its a must to know on how to speculate and read charts, because by that strategy you can know when you will buy or when you will cut your losses. Keep on learning, and in the future you will have the best skills to help you earn profit.

But to be honest, speculations are just a more complex term of "one's personal opinion". Anyone could throw a speculation or prediction and it is other people's choice if they would believe to the majority's hype to which crypto would be profitable investing for. Some people are just becoming a 'good speculator' because their assumption is the same with the majority. Best thing to do is to create your own analysis and to make your own decision with regards to investments, perhaps. Because at the first place no one could really speculate the market's behavior.

Not really most people form their opinion and they do not have any facts to back up their claims but a good prediction based on your abilities at speculating is going to be based on many facts that you see in the market and how you interpret those facts.

In my opinion this is way superior to making guess based just on your personal opinion however this only applies if you are able to be impartial about what the market is doing if you cannot do that then you are never going to be a good speculator and it will be better for you to just follow what the market is doing.