Bitcoin Forum

Economy => Trading Discussion => Topic started by: Cryptoababe on September 10, 2024, 08:54:32 PM



Title: ow complex is crypto trading with the current market pattern?
Post by: Cryptoababe on September 10, 2024, 08:54:32 PM
Crypto trading can be complicated at times, including spot, futures, and even copy trading. I wonder if the market still follows previous patterns these days, or if 2025 is still going to be another bull run year. I know there are traders who trade and make profits daily.

For me, I mostly trade based on events, and I love to trade with low leverage if it's futures, but with high capital to prevent liquidation and secure my rewards whether there's a loss or profit. Although I mostly use my phone, I don't know what I'm missing out on by not using a PC. I'm hoping to see events that give users better phones or laptops as winning prizes over time.  ;)

I would love to see people's opinions on the crypto market in 2025 and if there are any events I'm missing out on to get a free and better device for trading. :D


Title: Re: ow complex is crypto trading with the current market pattern?
Post by: Oshosondy on September 10, 2024, 09:01:13 PM
I know there are traders who trade and make profits daily.
This is not possible. Someone can be a day trader but making profit from trading daily is not possible. There are days that will not be favourable. But the profit should be greater that the loss is what traders should work towards.

For me, I mostly trade based on events, and I love to trade with low leverage if it's futures, but with high capital to prevent liquidation and secure my rewards whether there's a loss or profit. Although I mostly use my phone, I don't know what I'm missing out on by not using a PC.
Both mobile phone and PC are good for trading. I created a topic about it recently. What I noticed is that most of the traders use phone to trade while using PC to read the chart and make analyses. But if you can do both on phone, it is also good.

would love to see people's opinions on the crypto market in 2025 and if there are any events I'm missing out on to get a free and better device for trading. :D
All I think is that bitcoin price will increase in 2025 but bear market will also start after a massive bull market in 2025. So the bear market may also begin in 2025.


Title: Re: ow complex is crypto trading with the current market pattern?
Post by: passwordnow on September 10, 2024, 10:56:15 PM
Crypto trading can be complicated at times, including spot, futures, and even copy trading. I wonder if the market still follows previous patterns these days, or if 2025 is still going to be another bull run year. I know there are traders who trade and make profits daily.
If we're going to based it on the past history, I'd say yes. The bull run's first sign is with the halving and we're done on that this April but there's a twist with that. Before April, Bitcoin reached another ATH so I don't know if that's a good sign or not but I'd take it as a good one.

For me, I mostly trade based on events, and I love to trade with low leverage if it's futures, but with high capital to prevent liquidation and secure my rewards whether there's a loss or profit. Although I mostly use my phone, I don't know what I'm missing out on by not using a PC. I'm hoping to see events that give users better phones or laptops as winning prizes over time.  ;)
Whichever device you are comfortable to use, use it. I know that people are seeing traders with tons of monitors to check all the markets and the trades that they do. But if you're doing good by using your phone since you just have to place orders, buy and sell and you're done. And about trading competitions, you have to check every exchange for that because they're giving out good prize money for you to buy those devices you want.

I would love to see people's opinions on the crypto market in 2025 and if there are any events I'm missing out on to get a free and better device for trading. :D
Many of us believes that it's where the actual bull run will start. It's kind of confusing but we're in a bull run but peak might be seen by that year.


Title: Re: ow complex is crypto trading with the current market pattern?
Post by: shinratensei_ on September 11, 2024, 01:26:00 AM
Crypto trading can be complicated at times, including spot, futures, and even copy trading. I wonder if the market still follows previous patterns these days, or if 2025 is still going to be another bull run year. I know there are traders who trade and make profits daily.
I'm sure 2025 is still gonna be bullish, previous ATH achieved a year after halving, I think this bullrun cycle will be no different, there will be big pump in the upcoming year, maybe 2025.

I would love to see people's opinions on the crypto market in 2025 and if there are any events I'm missing out on to get a free and better device for trading. :D

You aren't missing a thing by not using PC, quite the opposite most of trader I know use their mobile phone, because the app is natively written quite the opposite with web based interface where it's sometime laggy.
I also use phone and rarely use PC for trading, just feels like it's easier. moreover, any events that promise rewards usually only reward people who are already rich like those high volume traders.


Title: Re: ow complex is crypto trading with the current market pattern?
Post by: cryptoaddictchie on September 11, 2024, 02:51:50 AM
For me, I mostly trade based on events, and I love to trade with low leverage if it's futures, but with high capital to prevent liquidation and secure my rewards whether there's a loss or profit.
I think we do the same. I am trading too based on fundamental analysis and solely based on events that could affect the potential token I plan to trade. So far its reallt effective when youre updated with such projects. Its quite hard to be a TA analysis trader youve done a lot of familiarization to strategy and also based on chart parameters.

I would love to see people's opinions on the crypto market in 2025
Id say were still expecting a grand bull run though a lot changes happened actually on historical data. Anyways lets fins out soon.


Title: Re: ow complex is crypto trading with the current market pattern?
Post by: Churchillvv on September 11, 2024, 10:22:32 PM
My only question would be, are you interested in the trading itself or you want a free laptop (PC) ?. it's no news that bitcoin might change pattern this time but the truth remains that none of us all speculating bitcoin price actually knows what will happen tomorrow not in 2025, so I wouldn't want to see you believing that bitcoin price change is subject to our speculations.

Patterns shows that the last quarter of 2024 (Q4) would but bullish and we are already in the quarter already. so expect anything anytime soon.


Title: Re: ow complex is crypto trading with the current market pattern?
Post by: Text on September 11, 2024, 11:12:32 PM
The market doesn't always follow previous patterns. I'm also a fan of event-based trading and tend to stick with low leverage as well. Regarding trading on mobile, I get it, it's super convenient! But, using a PC can offer more charting tools, better analysis options, and a more comprehensive view of the market. As for offering better phones or laptops as prizes, I haven’t encountered that yet.

As for 2025, predictions vary, but many experts believe we could see another bull run, driven by factors like institutional adoption and technological advancements.


Title: Re: How complex is crypto trading with the current market pattern?
Post by: $weetne$$ on September 11, 2024, 11:32:15 PM
Crypto trading can be complicated at times, including spot, futures, and even copy trading. I wonder if the market still follows previous patterns these days, or if 2025 is still going to be another bull run year. I know there are traders who trade and make profits daily.

A trader that trades daily and he knows what he is doing is going to make profits from one of the trades that he opens for the day but there is no trader that can make profits continuously without having a loss because that is impossible. Any trader that is telling you that he can make profits throughout a month is lying. I do not trade everyday but I still know that it is impossible to always win. Occasionally as I trade, I still lose some trades and win others. The professional traders too make mistakes and loses some trades therefore we can not say they make profits all the time. 2025 is going to be a bull market year because all the signs are right there. After the election, Bitcoin should begin to show signs of a potential price rise and this rise will continue, taking us into the bull market of 2025


Title: Re: ow complex is crypto trading with the current market pattern?
Post by: tranthidung on September 12, 2024, 02:36:24 AM
Crypto trading can be complicated at times, including spot, futures, and even copy trading. I wonder if the market still follows previous patterns these days, or if 2025 is still going to be another bull run year.
History has its rhythm but nothing repeats completely the same from time to time, from cycle to cycle. There are fractals that repeat but having a fractal does not mean everything will be the same like what happened in the past.

If you want to get ideas for this cycle, I invite you to
  • Are you ready for the Bitcoin bull market? What's your plan? Some ideas for you (https://bitcointalk.org/index.php?topic=5483225.0)
  • Bitcoin price history, ATHs and bottoms. (https://bitcointalk.org/index.php?topic=5488293.0)

Quote
I know there are traders who trade and make profits daily.
Very limited traders can do it.

You can see the advice of a senior trader, Peter Brandt, who does not recommend trading.
Quote from: Peter Brandt on X
My advice to Gen Z
  • Exceed in secondary school
  • Get a degree from public university in a field with promising job path (unless in medicine or engineering, the a prestige university or poly-technical institute)
  • Make yourself indispensable in your career
  • Live frugally
  • Save money every paychecks
  • Buy a duplex when you can afford to
  • Regularly buy SPY and Bitcoin in 8 to 2 ratio -- then HOLD for 20-30 years
  • DO NOT BECOME AN ACTIVE TRADER
Hope for massive bear market in stocks so that you can avg down
Retire at age 55 in upper 1% of wealthy households


Title: Re: ow complex is crypto trading with the current market pattern?
Post by: shinratensei_ on September 12, 2024, 02:50:20 AM
Quote
I know there are traders who trade and make profits daily.
Very limited traders can do it.

You can see the advice of a senior trader, Peter Brandt, who does not recommend trading.
Quote from: Peter Brandt on X
My advice to Gen Z
  • Exceed in secondary school
  • Get a degree from public university in a field with promising job path (unless in medicine or engineering, the a prestige university or poly-technical institute)
  • Make yourself indispensable in your career
  • Live frugally
  • Save money every paychecks
  • Buy a duplex when you can afford to
  • Regularly buy SPY and Bitcoin in 8 to 2 ratio -- then HOLD for 20-30 years
  • DO NOT BECOME AN ACTIVE TRADER
Hope for massive bear market in stocks so that you can avg down
Retire at age 55 in upper 1% of wealthy households

really good insight and solid advice but honestly gonna tone down on the live frugally, because i've seen good number of people living too frugal they literally starve themselves only to get drained of their money to pay medical expenses, just live a modest life and be sure to have a great insurance that's affordable but still great ;D.

on another note, I think there's nothing wrong with being an active trader, this is only matter of separation of capital, just get 5% of our overall portfolio for trading to manage risk I think it will be fine.
being active trading means it could help us accumulate more and more money on the side to invest, so the investment become faster in capital growth.
but just be sure that we can make profit using small margin/money first though otherwise we gonna waste money while grasping how market works.


Title: Re: ow complex is crypto trading with the current market pattern?
Post by: michellee on September 12, 2024, 05:30:58 AM
The pattern will always change from time to time so that is why we must always learn to know what pattern that may happen. We can analyze the market using the previous data to predict where the market will move. But we may difficult to predict accurately the market move because no one can do that.

If you always search for the news inside crypto or globally, you will find and predict where the market may move. Although that is not guarantee to have accurate prediction, that can help you to find the move. Trading using smartphone will be okay but some people face difficulty to analyze.

We don't have to think about what device we use because when we can profit from trading, we can buy a better device that will help us to analyze better. So focus with what you do right now and still analyze so you can make more profit.


Title: Re: ow complex is crypto trading with the current market pattern?
Post by: Rabata on September 12, 2024, 07:58:20 AM
Crypto trading can be complicated at times, including spot, futures, and even copy trading. I wonder if the market still follows previous patterns these days, or if 2025 is still going to be another bull run year. I know there are traders who trade and make profits daily.
Cryptocurrency trading is complicated but if you get experience in trading it will seem easier than any other trading platform. Due to high volatility there can be both profit and loss with in shortest possible of time. If a trader wants to do future trading he must have more knowledge about the market. Along with low leverage, risk mitigation should also be done as well as possible research.

We can never guarantee that a trader will be profitable from regular trading. There is no assurance of profit from trading on a daily basis. But by trading according to probability and time a trader can earn good profit from this platform. Bitcoin is going to have another bull run peak especially 2025 will be considered as a special year for Bitcoin. The price of Bitcoin will rise dramatically in the next year.


Title: Re: ow complex is crypto trading with the current market pattern?
Post by: Peanutswar on September 12, 2024, 01:45:10 PM
Halving already happened as expected the next bullrun will be in 2025 and of course people accumulate coin as they can so they will wait for the next all time high, if you kind of strategy will become effective its good to you because you gained profit, you can do both spot and futures. Spot for the long term investment and with the futures for the short time frame trades. In terms of PC I guess its more easier to navigate than the use of the mobile phone because you can make a new tab for the current charts, your position and spot other coins that has a potential to trade with.


Title: Re: ow complex is crypto trading with the current market pattern?
Post by: tranthidung on September 12, 2024, 01:46:05 PM
really good insight and solid advice but honestly gonna tone down on the live frugally, because i've seen good number of people living too frugal they literally starve themselves only to get drained of their money to pay medical expenses, just live a modest life and be sure to have a great insurance that's affordable but still great ;D.
You can live whatever life you want but two main things: feed yourself and enjoy your life; reserve money for emergency and investment for future. If you have them all in your plan, you're good to go to future.

Quote
on another note, I think there's nothing wrong with being an active trader, this is only matter of separation of capital, just get 5% of our overall portfolio for trading to manage risk I think it will be fine.
Be an active trader costs you a lot: time, health, and money as most of traders fail and lose money; but they have common things like wasting too much time and are not physically active enough so consequently they have health issues.

Quote
being active trading means it could help us accumulate more and more money on the side to invest, so the investment become faster in capital growth.
but just be sure that we can make profit using small margin/money first though otherwise we gonna waste money while grasping how market works.
Nope, trading is to get profit and use it for enjoying your life. Trading should not be connected to investment and if you think you are trading to get more money for investment, I disagree. As warned, trading is risky and can take money away from you, so it only makes your investment adventure more difficult, not easier.


Title: Re: ow complex is crypto trading with the current market pattern?
Post by: Hamza2424 on September 12, 2024, 04:14:36 PM
Haha, its quite comfortable with the big screen while analyzing the market, TBH for the first thing as a day trader I started my trading career and sooner I realized I was not fit into the day trading as my capital was not allowing me to trade daily than I moved to the weekly time frame and than slowly that time-frame got merged with Hold & trade and event-based trading as well.

As for 2025 yup there are still high hopes. If you feel easy with your current device, no matter what others say if its fit for you then stick to it as everyone lives a different lifestyle, and while living in the same lifestyle there are different setups that suit the traders, for me the PC is the best option.


Title: Re: ow complex is crypto trading with the current market pattern?
Post by: aima55 on September 12, 2024, 08:35:44 PM
Crypto trading can be complicated at times, including spot, futures, and even copy trading. I wonder if the market still follows previous patterns these days, or if 2025 is still going to be another bull run year. I know there are traders who trade and make profits daily.

For me, I mostly trade based on events, and I love to trade with low leverage if it's futures, but with high capital to prevent liquidation and secure my rewards whether there's a loss or profit. Although I mostly use my phone, I don't know what I'm missing out on by not using a PC. I'm hoping to see events that give users better phones or laptops as winning prizes over time.  ;)

I would love to see people's opinions on the crypto market in 2025 and if there are any events I'm missing out on to get a free and better device for trading. :D

Hey, I get where you're coming from on trading complexities, but I'm not so sure about predicting market patterns or bull runs anymore. It's all pretty unpredictable these days.

I used to be all about phone trading too, but switching to a desktop setup was a real eye-opener. The extra screen space and faster execution make a big difference.

Speaking of better devices, have you heard about this new event Bitget is running? It's called "100% SPIN HOT COINS" or something like that. They're giving away Apple products as prizes. I stumbled across it the other day and thought it was pretty cool. Might be worth checking out if you're in the market for an upgrade.

Personally, I'm not banking on any specific market trends for 2025. I think staying flexible is key. I think the key is staying adaptable and not getting too attached to any one strategy. But hey, that's just my two cents.


Title: Re: ow complex is crypto trading with the current market pattern?
Post by: aylabadia05 on September 12, 2024, 09:29:19 PM
Halving already happened as expected the next bullrun will be in 2025 and of course people accumulate coin as they can so they will wait for the next all time high, if you kind of strategy will become effective its good to you because you gained profit, you can do both spot and futures. Spot for the long term investment and with the futures for the short time frame trades. In terms of PC I guess its more easier to navigate than the use of the mobile phone because you can make a new tab for the current charts, your position and spot other coins that has a potential to trade with.
It is truly a pleasure if we can do both at the same time. I tend to prefer spot trading compared to futures trading, perhaps because the risks of the two are different. I don't like to lose money so easily on futures trades, while I'm fine with spot when it goes down it won't make me lose the asset (other than fluctuating estimates).

Spot trading can also keep my psychology fine without worrying too much about price volatility. Market conditions with a downward trend like now are very worrying for futures traders, so I am sure they will never be comfortable leaving an active trading session without regular monitoring.


Title: Re: ow complex is crypto trading with the current market pattern?
Post by: Yaunfitda on September 13, 2024, 11:03:28 AM
Halving already happened as expected the next bullrun will be in 2025 and of course people accumulate coin as they can so they will wait for the next all time high, if you kind of strategy will become effective its good to you because you gained profit, you can do both spot and futures. Spot for the long term investment and with the futures for the short time frame trades. In terms of PC I guess its more easier to navigate than the use of the mobile phone because you can make a new tab for the current charts, your position and spot other coins that has a potential to trade with.
It is truly a pleasure if we can do both at the same time. I tend to prefer spot trading compared to futures trading, perhaps because the risks of the two are different. I don't like to lose money so easily on futures trades, while I'm fine with spot when it goes down it won't make me lose the asset (other than fluctuating estimates).
Majority of us here prefers spot trading, I mean it can easily be understand by anyone and that's where the money is going to be made. But I prefer to trade using a PC or laptop as opposed to mobile phone.

Spot trading can also keep my psychology fine without worrying too much about price volatility. Market conditions with a downward trend like now are very worrying for futures traders, so I am sure they will never be comfortable leaving an active trading session without regular monitoring.
If you know how to choose which coins for spot trading, it could be very good for you and even take advantage of the price volatility. I'm not expert in trading, and so I don't dig with future trading. But I have nothing against those who play with future and using leverage to make money, but every individual is very different.


Title: Re: ow complex is crypto trading with the current market pattern?
Post by: Lakai01 on September 13, 2024, 12:35:56 PM
[...]
Spot trading can also keep my psychology fine without worrying too much about price volatility. Market conditions with a downward trend like now are very worrying for futures traders, so I am sure they will never be comfortable leaving an active trading session without regular monitoring.
Someone with a higher stake in a trade - whether future or spot - doesn't do that anyway, because you simply have to be able to react immediately in the event of a negative trade. However, bots are also generally used for this purpose, which either terminate trades immediately or take appropriate countermeasures.

A non-professional trader (like us) hardly ever bets such sums where you need to pay a lot of attention to the trades, which makes it much more relaxed for us.


Title: Re: ow complex is crypto trading with the current market pattern?
Post by: shinratensei_ on September 14, 2024, 02:58:30 AM
Quote
on another note, I think there's nothing wrong with being an active trader, this is only matter of separation of capital, just get 5% of our overall portfolio for trading to manage risk I think it will be fine.
Be an active trader costs you a lot: time, health, and money as most of traders fail and lose money; but they have common things like wasting too much time and are not physically active enough so consequently they have health issues.

Quote
being active trading means it could help us accumulate more and more money on the side to invest, so the investment become faster in capital growth.
but just be sure that we can make profit using small margin/money first though otherwise we gonna waste money while grasping how market works.
Nope, trading is to get profit and use it for enjoying your life. Trading should not be connected to investment and if you think you are trading to get more money for investment, I disagree. As warned, trading is risky and can take money away from you, so it only makes your investment adventure more difficult, not easier.

I'd argue that swing trading and buying only when price fell off too deep is significantly less risky than daily trading and it's still considered active trader and this has helped me massively in building my portfolio.

I guess the fact that trading isn't exactly for everyone like as you said it can be mentally exhausting for people who are just impatient and can't endure seeing their capital tanked can be the main reason it's better for someone to not trade at all.

but for people who just got the grasp of how market works somehow, just occasionally buying the correction is fine.

I've seen many doing exact thing and it worked out for some.


Title: Re: ow complex is crypto trading with the current market pattern?
Post by: justdimin on September 14, 2024, 09:36:52 AM
All I think is that bitcoin price will increase in 2025 but bear market will also start after a massive bull market in 2025. So the bear market may also begin in 2025.
Technically we may consider like this: massive bullrun will start in 2025 and then we may see some corrections followed by the bullrun. Because, no trend is without any correction. When the correction is not giving any room for another bull market, we can assume that bearrun has come to effect. Usually bitcoin market peaks in November or December and then bears slowly comes to action.

Many of us believes that it's where the actual bull run will start. It's kind of confusing but we're in a bull run but peak might be seen by that year.
Yeah, that confusion is due to improper current cycle. In all previous cycle of bitcoin market, we did not see a new ATH in halving year but this time we witness that. There could be multiple reasons for this like introduction of ETF or bitcoin failed to peak up to its usual growth like 10x or 20x because of slow down in economy due pandemic. By combining all these, I speculate about reaching out $100k levels before end of this year as well.

Expecting a market to trade within a pattern is not sensible. The direction of a market and its peaks and downs are always unpredictable to any market and bitcoin market cannot be an exception, I am sure.


Title: Re: ow complex is crypto trading with the current market pattern?
Post by: aylabadia05 on September 14, 2024, 08:19:09 PM
<snip>
Majority of us here prefers spot trading, I mean it can easily be understand by anyone and that's where the money is going to be made. But I prefer to trade using a PC or laptop as opposed to mobile phone.
I might agree with you especially about the majority of users, but we don't have valid data to make that kind of conclusion. You and I like spot trading, while others like future trading or maybe both at the same time. It's up to them which one they prefer to trade, essentially the goal is that they both want to make profits with different risks.

I like the simplicity of a mobile view when trading, but that doesn't mean I can't trade from a PC or Laptop. I tend not to have time in front of my laptop due to more busy outdoor activities, so trading and monitoring the market via mobile is my preference.

<snip>
If you know how to choose which coins for spot trading, it could be very good for you and even take advantage of the price volatility. I'm not expert in trading, and so I don't dig with future trading. But I have nothing against those who play with future and using leverage to make money, but every individual is very different.
Just like you, I tend to avoid trades that have a high risk of taking a loss. Futures trading is not for me, but I can learn by understanding how it works and profit from it. If you are used to futures trading, then spot trading will probably make you bored more quickly. However, most future traders find it difficult to control their greed and desire to play with high leverage.


Title: Re: ow complex is crypto trading with the current market pattern?
Post by: bitgolden on September 14, 2024, 09:01:22 PM
Crypto trading isn't really that complicated, people make it out to be something that is complicated but it's actually quite common and nice and easy, I have to say that it is not really that weird. I know that sometimes when you look from afar it looks like it's something that would take years to master, but if you dedicate yourself then you could become an amazing trader within one year and that's the important part. I know that it doesn't always feel that way to many people, but it's easy task and shouldn't really be a bother to many people neither.

I just hope that people could see how easy it could be with given enough time and support this. If you really want to be a trader then just focus on what you can do within a year and how much you can dedicate yourself. Between learning how to trade and also gaining some experience and learning from your mistakes, it should become a second nature to trade well eventually, just need to focus yourself into it.


Title: Re: ow complex is crypto trading with the current market pattern?
Post by: Miles2006 on September 14, 2024, 10:57:31 PM
I don’t think you’ll find any event gifting free laptop easily else an organization that’s just willing to gift people although I can’t tell if yours is different from mine, maybe op is referring to trading event. About the price, it all  depends on the coin but, for bitcoin it’s under probably if 2025 will be the year, we all are expecting something bullish from bitcoin market but not to an extend of gaining full confidence. What ever happens now or next year with bitcoin price can’t be predicted rather we just keep our hopes high.

I mostly trade based on events, and I love to trade with low leverage if it's futures, but with high capital to prevent liquidation and secure my rewards whether there's a loss or profit.
Your idea is alright but what I find interesting is the fact few traders still trade with past performance, I don’t know if this work for most people always because it’s obvious you don’t get all right even when using a good strategy.


Title: Re: ow complex is crypto trading with the current market pattern?
Post by: iuseAItotalwithfellowAI on October 13, 2024, 03:18:29 PM
Dude, I gotta say, you're using AI to write this thread and yet you don't mention it once. Meanwhile, I'm over here being transparent about my reliance on AI. It's like, come on, Cryptoababe! Get with the times!
And by the way, Bitget? Really? You're shilling for that exchange in a thread asking about market predictions? Come on, man, you can do better than that. If I wanted to read some sponsored content from an AI-generated bot trying to sell me on Bitget's "features", I'd go watch a YouTube ad.


Title: Re: ow complex is crypto trading with the current market pattern?
Post by: crwth on October 13, 2024, 05:14:18 PM
Well, we all know that the markets behavior is unpredictable. It's' always going to be a continued growth I think as a whole and the technology surrounding it would rise in development as well.

What do you mean event? Give away gadgets? I'm not sure I have seen that kind of event except in local stuff. Usually it's money based.