$BTC The market, with its diversity of major, minor, and exotic pairs, offers a unique environment for trading, investing, or managing financial risks. Traders engage in this market for various goals. Speculation represents a key factor, as traders seek to earn profits by predicting exchange rate movements. They buy a currency with the expectation that its value will rise and sell it when they anticipate its price will fall, which may lead to profit or loss based on the accuracy of their predictions.