Bitcoin Forum

Hey,

I'm sure the following principle has to have some flaw which I just don't see - since it would be too easy.

I just thought that it should be possible to feed of very short term hypes - as bitcoin is currently traded by many people riding the hype train without deeper knowledge, I think it should be pretty save to expect a short term, small spike for certain events. E.g. a big bitcoin page announcing some new market will accept bitcoin from now on; 'boom' goes the hype train and at least for a moment a small increase is to be expected. Now if I just invest for this short period of time and use big leverage, it should be possible to feast of that small but predictable spike.

So why haven't I heard of this before? I'm not knowledgable in trading and I can't believe that something so simple would be overlooked. So is this small spike too unpredictable/unstable to take the risk with leverage? Am I overlooking something else?

Thanks for your opinion!

Best

if you do not know about trade better you do not try it, unstable price can cause huge loss what else buy with big capital, if indeed want to try to add science about trading you can join in special trading forum, there will be prediction and the ups and downs signals of coins, but you should not refer to these predictions you should analyze the first time to avoid the risk of loss, in the world of trading you can get multiple benefits and also can lose up capital, so do not try to trade if you are not a pro trade

of course that if you dont know how does the price works and how the price is determined then you should try to avoid to trade because it can put you in a high risk position.
I would never trade if i am in your situation, because you can easily lose your funds anytime, and it is very risky of course.
But yes, the whole market is being hyped by those people who want to rise the price at any cost, but it will always happen, and not just with cryptos, it happens with stocks too.

it is easy in the theory but it is very hard to do,
a while ago when i was doing my first trade i thought that thing too,in the beginning everything is very smooth but when 'that' time comes,
it will rekt you down and in the end you will lose everything instead of gain anything from it.
indeed Bitcoin price can change while it get another news,something like listing,and similiar to that one.
but bear it in your mind,that Bitcoin price can be manipulated by people easily.
just like a week ago or two,without any news we could see a huge spike from $6000 to $7000,
in reality many people claimed that it would go down,so it's very risky to do the leverage when the market is volatile.
except you're the pumper or dumper themself,
other than them nobody can do something to the market.

I don't think this is true much, if not at all. If you really think about it, if you get some of the big tele groups/ wa groups/ twitter 'advisors' on board and they start spamming about a certain coin and how they're promoting people to buy it if they want to make some quick cash that'd be something that is going to create hype, not too hard if you're part of the elite owners of these coins before people start hyping them -- or before you pay massive amounts of people to HYPE these coins hard.

It's easy, you just have to know the right people to do it and spend some money to make some money.

It's actually very drastically harder to predict those little bumps than you think.  I was naive enough to think that I could do it about a year ago, and I used to try trading based on short term events with this sort of goal in mind.

However, I couldn't make profit without leverage, so with leverage it would be a disaster.

In the case of cryptocurrency, you'll need some very high stop losses and the willingness to give up.  You'll also need to try the sort of trades that you'll be doing many times without leverage before you move onto trying leverage.

By feeding all can be solved easily may not, I just hope to run the task well without barriers to the destination ,, that is in my opinion.