Bitcoin Forum

When people talk about trading bitcoin does anyone just literally buy and sell at the right times rather than deal with futures like shorting etc..

I tried on Solana a few months back with some success the danger was always FOMO at the bottom of the range and being stranded at the top when the market drops.

You can sell and take a big loss or face having to stay off for a few weeks until price recovers

Anyone successfully do this with bitcoin what do you use to help you

Yes, because all of these are available on trading sites, making them a part of the trading services they offer.


You just have to learn from your mistakes. The strategy is actually simple, know your skills and trust the coin you’re investing in.
The easiest approach? Invest for the long term. Hold until you see a price that gives you the profit you’re happy with.

For example, look at Bitcoin now, it’s dipping to $84K, while its ATH was $109,350. If you bought at the top and panic sell now, that’s a bad strategy.

That’s where trust comes in as it helps you stay calm and avoid panic-selling, even when the market takes a big hit.

Yes, that's pretty much what it is.

Because those that are into trading of futures and shorting, they're mostly trading into an altcoin.

I guess that there is some but they choose not to expose themselves and are only quietly trading.

In bitcoin trading, if you are not leveraging on a higher ratio and having your liquidation price very low or almost impossible to reach make it worthwhile and reduce your risk of losing your money, so year when trading bitcoin you don't lose money but you can lose time.

Just like what you explained above when your losses in bitcoin come, all that is needed is to wait a few weeks or days for it to recover, so ultimately you don't lose money but lose time if the market goes against your predictions for some obvious reasons.

Actually, Bitcoin is much safer than trading with altcoins if you are going to analyze and trade with futures. It would be a good place to put a position if you are short in budget because you can leverage and make profit even in slight spikes.

Altcoin in futures, for me, is risky because of the high price movement compared to Bitcoin. Usually, what I see is that there are more retail traders who do futures with Bitcoin than altcoin because it is less manipulated than altcoin.
If you are one of those who trade with altcoins in futures, you are one of those risk takers, but if they are successful, the potential profit is massive.

That is what I see with most of the traders that are into futures, they're looking for some good entry with the altcoins as their pick and rarely I see one of them chooses to trade bitcoin in the futures.

But I agree with you, if someone is in need of a budget they can always look into BTC futures if they want to.

And just a gently reminder, this isn't for everyone and the newbies even hearing it makes them believe that they can make money out of it easily.

plenty of traders that you can see in transparent platform like hyperliquid, you can even see their funding rate, PnL and their position size, most of them always short when market overvalued and long when market undervalued, in principal it works the same way as just buy and sell with spot if you use leverage 1x, but with prerequisite that there's contract need to be fulfilled when position closed.

most of the trader that I know of always trade with futures, because they think of it as more convenient to manage than spot trading.
while spot trading mostly used for people who buys the dip and hold, not really trading, at least that's from my understanding but both can always works.

Of course there are and generally they are involved in spot trading because after all this kind of trade is far safer.
Not many people can minimize the level of risk of loss using futures trading because the level of liquidation can affect a person's condition while undergoing trade.
The problem is how much our ability to undergo futures trading and whether it can provide certainty about profits if you do not have good knowledge or experience.

One must have control of the trading that is undertaken and experience can provide something important to avoid losses in trade, although not always we can avoid losses in futures trading.

In trading you must need to have your entry and exit strategy and not just getting FOMO sometimes people get ride too much with the market once the market coin they invested in goes up they keep accumulating and holding some of it but after there's a correction they didn't knew what to do which is having a trading plan is a must lets say even that's a short term holding and long term always decide where to take profit and cut losses. Ive been invested with the bitcoin and alts seems 2020 and takes a lot of mistakes and challenges but this bull run this time it didn't happen again because I know what to do. Make a plan to avoid getting lose with your trades.

From the experience I have traded bitcoin, of course I have to monitor the development of the market first, I do that on trading futures in the short method, but the risk of short situation The market like now is very dangerous if the prediction is not right to do correctly can experience losses if the prediction is not in accordance with/deviating from estimates.

So the only way to trade bitcoin for me for now the good method of spot trading, I am not too anxious when the price drops, I need to do several stages of purchasing bitcoin in the long run for example: The price of Bitcoin is $ 85K and I need to wait for the price of $ 90k to sell, or I buy again the next stage and so on, even when I buy the price $ 85k down again to $ 70k I will not lose, because I'm sure Bitcoin will rise again to $ 100K, it's just that the value is reduced but the balance of Bitcoin remains intact not reduced.

People buy and sell at the right times but they will difficult to get the lowest price or the highest price. If they can accept that, they can be happy because they can make a profit. If you think that you buy a high price and the price drops to the lower price, you should not panic and still hold the coin especially if that is Bitcoin. Bitcoin price will be back to the high price so you will have your chance to sell at that high price and make a profit.

If you buy Bitcoin at a low price, you need to be patient and wait for a while because the price may not directly increase after reach the low price. It need some time before the price increase and related to this situation, you can buy Bitcoin at the price now and hold your Bitcoin until the situation is back normal.

This is where most people don't understand. Can you elaborate on this point one can't lose on bitcoin trading? But before the loses comes, probably you have already lose some amount you unless you are to pause the trading at the time of losing and wait for the rise again before continue the trading and before then you have already lose in the previous trade so I don't know in what way you will not lose bitcoin trading .

Literally what Wiwo is trying to explain is simple avoiding liquidation will simply minimize your chances of losing and in the long run even make you avoid losing. How does this work, simply as long as you don’t set very leverage or in my opinion do not use leverage at all there is no way the market will liquidate you because your liquidation will be very far from entry point and bitcoin isn’t the kind of coin that does -50% without pumping.

So say you long bitcoin at $90k and the leverage doesn’t brings your liquidation close and bitcoin dips to like $70k there is every tendency that it will get back to that $90k as your break even after a time (which he meant by you losing time) and even possibly go higher and give you profits. But should you use high leverage then you might have to be stopped out before even the $70k by liquidation and end up losing everything.

This is the reason why you don’t see spot traders who hold for a very long term losing

OP, just Buy and HODL. There's not actually a need to "buy" then "sell". That requires that you out-trade the thousands of counter-parties in the market who are faster, smarter, richer, and who are better traders than you.

Denominate most of your capital in Bitcoin, zoom out, lower your time preference, and invest LONG TERM. Because 90% probability you might not outperform Bitcoin.

Fear Of Missing Out have been the orders of the day when it involves good projects. One will sights good trade but base on Fear, Uncertainty and Doubt, he will miss out on the trade, when he noticed about the trading volume is higher and massive appearance of long green candles in the chart, he become confuse and FOMO steps in. There's more to learn in the market, stand still and learn the basis of the market inother not to get trapped.

Bitcoin is top project, not everyone have an idea or experience in the market, so little setback got them panicked, before the blink of an eye, they trigger the sell order thereby resulting in losses. Trading is risky, we're all aware of the high volatility of the market when it comes to seasonal changes. Be specific, what season do you prefer to trade? For me, I like playing my cards in the bear season, mainly for routing out solid investment for these prominent projects.

In trading, human psychology is of great importance, since people are subjective. Understanding the psychological characteristics of people, you can predict their behavior with a high degree of probability.

For example, people attach undue importance to round beautiful numbers. So, the price of Bitcoin $ 100,000 is perceived completely differently than $ 99,000 or $ 101,000.

Therefore, when the price of Bitcoin reaches $ 100,000, you can say with a high degree of probability that for some period of time, all purchases below this level will bring you a profit if you sell these bitcoins at a price above $ 100,000. This is exactly the situation, in my opinion, that is happening in the market now. Those people who are now buying Bitcoin at a price below $ 100,000 will sell it in the future at a price above $ 100,000 and fix the profit.

At the same time, it is very difficult to say when exactly the price of the first cryptocurrency will grow.  However, a trader who knows how to wait will certainly make a good profit.

It's a simple strategy, buy low and sell high, I don't know for future trading and I'm kindly advise you to stay away from it if you don't understand it fully.

It would be good to learn future trading from many experts and stay clear with yourself.

If you buy and price dips on you, stay calm as that's an opportunity for you to accumulate more if you have more Fiat especially if you are dealing with Bitcoin. Be strong enough to never panic, don't sell at loss.

Buying is easy, but holding is very difficult with most people in this young market. With this market, fud can harm newbies a lot and with high volatility, people can easily feel panic and lose control very quickly in mass FUD days.

To be strong, people need to have deep knowledge about this market, how it works, how it survives well through fud and previous bear markets, and they also have to secure their bitcoin by themselves in non custodial wallets. Another thing is don't use leverage or futures trading, because when they use leverage or futures in trading, emotion will appear more intensively than with Spot trading or with investment, pluses liquidation risk from exchanges.

Holding your bitcoin is key to succeed and get profit in this market.

But do you know what's more actually difficult for plebs like us? - Losing our savings because we gambled it believing that are "trading". Plus there are people who may believe that they are making money, but if they denominate their profit in units of Bitcoin, they actually lost money denominated in units of Bitcoin.

How do we fix this? It's to HODL Bitcoin. If you can't outperform it, HODL.

I think it is your experience that can determine your future in investing. I think you already know well that trading in futures is very risky. Yes, everyone has experienced buying at high prices, I think it is very common, as we know, it is very difficult for us to know when the best time to predict a decline will occur, no one can predict it. Get used to investing in the long term, I think you already understand which assets have good enough fundamentals, that's your plus point.

If you trade, whether daily or weekly, you have to think about the costs of each trade, the more you trade, the more fees will be determined by an exchange. This will affect the profits you get. It's best to change the method you are using as soon as possible. This long-term method is much better than your previous method.

Futures with leverage or non-leveraged or anything that isn't straight up spot trading, has extra risk and dangers to it and not something easy to handle neither. I get that sometimes things aren't always that easy, but we could always end up with things that won't be that simple, so we need to be careful about it. I know that it is going to be something that takes time, but in the end we are going to see how things could get to a point where it won't be that simple.

We are not reaching to a point where things could get a lot uglier and because of that reason I am pretty sure that people won't be getting that crazy about the trading world growing. I never used those, I mean aside from small testing, I like my regular boring spot trading.

Plus in futures "trading", there's a fee to pay for funding every hour, every four hours, or every eight hours depending in the exchange. That's money taken from you, and a sort of house edge added to the exchange because any reduction to your potential profit is a reduction of your edge.

If you trade futures with no leverage, that's laughable. You should trade the spot market because you won't need to pay for funding.

You pay extra funding fee by holding your position longer but there is time for funding fee reset and market reset too. It isn't worthy to pay more fees while your risk will become bigger with time by holding your position and don't mind to close it, and wait for chance of opening a new position.

Exit the market, closing your position if it is no longer good, it can help you to save unnecessary trading and funding fee but more important it can help you reducing risk, and control your capital better. With a capital that is defended well, not loss or small loss, you will have other chances in this market to get profit and cover this small loss.

I mean it includes that? You can totally do just that, or futures if you want to, anything involved in trading Bitcoin seems to encompass what "trading" means imo. And yeah, in general "Buy low sell high" are easy words to say but they're pretty hard to execute since you don't really know how the market would go. And I'd say losing money due to that is 100% expected imo, so get used to it. In general, if I'm buying a good coin, and it just drops off after me buying in, I'd usually just hold it in more. I mean it's already a loss and if you really believe it's a good coin, you can transition from a short term to long term investment instead.

You need to be very careful while trading the crypto market especially memecoins because the market is not friendly at all and you could lose your money if you don't get the right signal. I think you need to know what you are doing with your time and the kind of ground you are joining for crypto signals. Maybe that will help you to understand the market more and ask questions on what's actually happening and the way you can utilize it for your own benefits. The market has been down lately and we should use the opportunity to buy the dip.

If you tried to buy bottom and suddenly you ended up eating falling knives then theres no choice but to hold and wait for it to go up. No need to sell if you see some red marks on your portfolio since that is how it works. Paperloss make people panic end ended up losing more capital then they will see the market recover then go buy fomoing again at the wrong time. Thay should change somehow.

You can profit off the market in two ways,

One is through buying and holding Bitcoin, you do that either through centralized exchange and via spot trading or a decentralized means called DAPP, whereas the other method is to profit off Bitcoin through leverage /Future trading, here you profit when price of Bitcoin rise or fall and base on the direction you predicted.

You know if you are going to practice trading here in the crypto industry, it is still better to train yourself with Bitcoin, because if you use other alts as trading pairs, the volatility is really high and you will be liquidated quickly if you enter futures, instead of just spot while you study bitcoin trading.

That is the only best way I can advise you, because if you try to trade on Dex platforms and then use the Solana network, which is usually meme coins, it is not unlikely that you will always be carried away by the Fomo there because there is often a rugpull there, that is why it is not advisable for those who do not yet have sufficient knowledge of trading on the Solana network using the Dex platform.

Now everyone will say the same thing, buy at low price and sell at high price. Now that you mentioned Bitcoin, if the price drops a bit after taking a trade in Bitcoin, it would be wise to hold. Bitcoin is most reliable for trading or investing. But it is best to invest in Bitcoin, which is very low risk. Now if there is some loss by buying Bitcoin, then holding it can hope to make a profit, but not everyone can hold patiently.

I still prefer to hold my bitcoin rather than trade it into any market but if a situation has forced me to trade I would definitely choose altcoins over bitcoin. Because if I have to sell my bitcoin due to certain circumstances, I certainly won't sell below what I bought it for so I would also rather wait for the price to recover if I do have to release bitcoin back into the market.

And if you are stranded because you have bought at a high price when the price of Bitcoin or altcoin increases, of course you only need to use the time to wait for recovery without having to use new capital again to open trading at a different price. Although if you do it at a different price, of course it can also help you recover some of the capital that is already minus.

The point is futures markets are built for physical commodities like Gold and Oil that traders can't buy or sell because actually doing them with the actual commodities would be very stupid and inefficient. Should a pleb actually bring barrels of Crude Oil to sell, or carry it out after buying? The futures market is built for efficiency and liquidity. But there's also leverage.

The futures market for cryptocurrencies is built for capital efficiency and leverage should probably be used by active traders to avoid holding large amounts of capital in a trusted third party.

Trading Bitcoin is too worry for me because if I lose in trading, I also lose my Bitcoin. It is better to hold Bitcoin than to use it for trading but if you have skill in analyzing the Bitcoin market, you can use your Bitcoin and hope you can make a profit.

If you can not analyze with better, you don't have to use leverage trading but spot trading. That will not give you a problem to learn how trading works. Bitcoin now become difficult to analyze so if your skill is not enough, you may lose a chance to make a profit. But if you are not sell your Bitcoin at a low price, you will still have a chance to sell it at a high price.

When trading Bitcoin, I just buy and sell when I have made a profits. I do not panic or try to short the market. The last time I tried trading futures, I was not that successful and I had to abandon it although I know there are some traders making money from it because they have learnt and understood it very well but I think it is not for me and I am comfortable trading spot that gives more advantages and a good amount of profits, depending on how much I have invested as my capital for trading. I can not sell my Bitcoin and take a big loss, Bitcoin are not altcoins that their chances of recovering are not always known and it would be a mistake to sell my Bitcoin at a loss because if I just give it some more time, I will be capable of making back my capital I used in buying and some profits too.

 👍

But plebs like us should NEVER forget, and ALWAYS remember, that the profitable traders that make money that matter is in the mere top 10% of the total market participants. The 90% left LOST money, especially during the current situation in the market.

The HODLers are still HODLing their Bitcoins, the 90% of "traders" either lost ALL of their capital or they are now having less of their capital counted in fiat and in units of Bitcoin.
  ¯\_(ツ)_/¯

When people talk about trading, they usually mean spot trading, i.e. buying and selling with your own money, without additional liquidity and long/short positions.

To my mind, it's better to stay off for a few weeks or months or whatever it takes instead of risking much. No one should turn trading into gambling because both of these are different with different discipline.

Bitcoin is the only truly decentralized crypto currency. Every altcoin is a dangerous option for futures trading because all of them have centralized power at some point while Bitcoin is massively adopted, has unknown creator and has the highest market cap, which makes its manipulation very hard at greater level.

For me, I no longer trade Bitcoin in futures trading because I simply make it an investment asset that I hold in my wallet.
At most I only trade LTC and a few other altcoins.
If I haven't had time to move from exchange to wallet, I occasionally sell and buy back when the price is right to do so based on my speculation. But this is on the spot, not on futures.

Hmm, I would have loved to comment on this topic on a serious note, but according to how serious the market is these days, Honestly Dont trade buddy haha otherwise your account is going to be rekt in a few minutes.

Just looking at the charts I feel like, this is the worst time to enter the market even though it's highly bullish.

The life of every businessman has become unpredictable and the current situation can be the best confirmation of this statement. That is why, during increase of volatility many decisions made at improper time can become consequential. Some people get involved when they seem to be low expecting that the prices will continue going high but end up making losses because market trends change in any given period. It has to be noted that it is accurate to read situation because sometimes we may find our selves in a state of momentary joy and relevance that are likely to affect the results. Prospective trends in the markets may appear to be favourable, yet it is not always the reality when we make hasty decisions.

"TRADE"? NO. INVEST/HODL? YES.

We plebs should avoid short time horizons and have a low time preference because,

- We have low amount of starting capital
- We have lower skill levels compared to most of the other market participants
- Denominating our capital into Bitcoin and HODLing would have a greater chance to outperform most "traders"

Plus we should be honest with ourselves. Most of us WILL NOT build a good amount of capital by "trading" shitcoins. We should plan for three cycles, or more.

Solana or any other crypto assets are not Bitcoin, we should deal with them differently having carefully studied their market psychology and behaviour. Still, the trading style you explained has been long used and proven to work for every market you can think of, it may only take more time for each market. It's a kind of gravitational law strategy where the bought market must buy and the well-sold market must rise.

And yes, it works across all markets, you can try it with Bitcoin too.

So that means this comment of yours is not serious? Hmm, but maybe yeah because for me, I think the market is always serious but it was only us people who thinks that it wasn't serious sometimes. The things that we see there is also due to our actions but the market is only like a screen that displays it.

Another thing that make your comment not serious is when you said to him to not trade, especially on a bullish market, when I think that condition is the best. But whatever the condition of the market are, I think trading will never go out of style, not like in investing, staking and others that there are certain entry points for them.

Hmm, Dont take my comment onto your lungs and kidneys brother. I know about the joke and spells too

I was suggesting something on a lighter note, My concern about posting was to keep it short and smiley, like this topic can be discussed over pages and pages, and I do have little capability to discuss it, but because I was so clear what's going on so I said don't take any market sentiment serious for now it's not how naturally market moves, and we've all seen the kind of manipulation.

According to your words on a screen that displays it seems like buddy you are still not familiar with the market, it's not us who make moves in the market to create momentum in any direction it's the whales (BIG MONEY + PLATFORMS + POWER (POWER = OFFICIALS From both government and projects)).

We are the small fish surviving here. I don't need to clarify the risk of trading in some previous days. You can check the liquidation stats yourself, and that was not one; it was double. It's a big red flag for manipulation when liquidations happen on the short-time frame side because the market targets one side of liquidity to grab.

YUP GAMBLERS CAN TRADE ANYTIME but traders can't.

Charts doesn't scare me anymore, I've learned and come to the conclusion of drawing thin lines that would become profitable for everyone. We trade because we've something in mind, you and me know the outcome we're looking for when we open trading positions. It's nothing but profits, main reason we stay locked in and ready to mount pressure is simple, to continue growing beyond all other hurdles and having some good smile on our faces when we're exiting the market. Trading will definitely lead one to jeopardy, we only trigger trades because we think or feels the market is good enough for everyone who's ready to bend low and learn the basis it comes with.

The safest course of action for a novice trader is to simply trade in spot. Trading in futures or leverage is not advised or recommended for you, OP,
if you are going to engage in trading and you are aware that your knowledge is not that extensive. 

Due to a lack of trading understanding, many people get liquidated in leverage because most people are aware that the volatility risk is too large in this category. 
Therefore, the position is the ideal location for the activity.

Yes of course. Investing in bitcoin will not think about the price in the short term, our job is only to buy and buy and sell at the desired destination. Of course with futures trading the risk is very high, especially futures on altcoins that are difficult to predict, you can only rely on fomo when we are stuck at a low price, it is very difficult for the price to recover. But this is different from bitcoin, even if the price drops as long as you haven't sold it you won't lose because the price will recover and even higher than before.

The bitcoin trading that I am currently using is of course holding it for the long term and doing the dca method periodically. Bitcoin investment does not provide quick profits compared to altcoins, but believe me bitcoin will provide great profits in the future. So make bitcoin your priority in investing in crypto assets, even if you want to find luck in altcoins, you can do it only 20%, the rest you have to invest in bitcoin as your main asset.

You only invest in Bitcoin not trade in Bitcoin and I think that is indeed very good to recommend to everyone because putting Bitcoin into investment will be much more suitable than putting it into trading. Because every trader can trade with other coins and save Bitcoin as their future assets and the potential profit through altcoin trading is also not that bad if the price increase conditions of the altcoins we trade continue to improve. In addition, the risk of trading is slightly greater than investing so that both of these things must have a more appropriate balance when they want to be done at one time.

Investing in Bitcoin and trading Bitcoin are two different things, so it is better to distinguish between them well before you conclude on what you want to do. Talking about futures in Bitcoin trading, they’re basically the most risky and are most times discouraged for newbies not to engage in. Spot trading looks more less risky, just that you may not want to hold it for a long term which basically to be on a safer and, bitcoin has to be held for a very long time. Spot trading is more peculiar to investing to me, and you can do that on a safer note in order to avoid risking much or losing lots of money to trading in futures.

Futures trading is very risky, yet altcoins are linked to Bitcoin. I have been involved in futures trading a few times in the past, I have lost two to three times more than I gained. Because the last time I lost absolutely everything, I have not been involved in futures trading since then.
But yes you can buy Bitcoin and keep it for a long time, and based on my personal opinion I can say you should stay away from futures trading.