What do we think about trading bitcoin?

[Egii Nna]

Normally me I don't like trading bitcoin, yeah I know there are some benefits and profit making when a trader make correct decisions and react to the price Volatility while trading.
But come to think of it why we someone who have seen bitcoin proving itself to be a store of value with potential returns, we still choose to be trading bitcoin rather than accumulating bitcoin and hold for a long period of time.
Bitcoin trading is something at everyone is suppose to avoid, forget about the phrase that's says bitcoin trading is high risk, high rewards, trading bitcoin can damage you emotionally and financially. As am currently speaking now the person who introduced me in to bitcoin is a trader, that have been damaged emotionally and financially all because he was trading bitcoin, now all the money he made from the trading has gone back to the market, and now his a deptor all in the name of trying to make quick money from bitcoin trading.
I Have never seeing anyone who said, I made huge amount of money from trading bitcoin, the testimonies I always see or hear is see the amount of money I made from my bitcoin investment.

It’s seems you are not talking about trading bitcoin because it doesn’t make sense how will you lose all your money in trading bitcoin? Let me even ask you, did you know anything about the bitcoin market? Because I can’t compromise the information of the higher risk you see in trading bitcoin, which is less than trading shitcoins?

This shows that you know nothing about Bitcoin. We all know that Bitcoin is the safest cryptocurrency to accumulate and hold for a long time, which makes it more reliable when it comes to trading because it moves on a very fair frequency, and if you are really trading Bitcoin, it will be very hard for you to lose even 10% of your capital, let alone lose everything. So if you don't have knowledge on something, please stop misinterpreting the narration of it or don't even talk about it. Get knowledge before you can discuss it.

[SmartGold01]

Bitcoin trading is something at everyone is suppose to avoid, forget about the phrase that's says bitcoin trading is high risk, high rewards, trading bitcoin can damage you emotionally and financially. As am currently speaking now the person who introduced me in to bitcoin is a trader, that have been damaged emotionally and financially all because he was trading bitcoin, now all the money he made from the trading has gone back to the market, and now his a deptor all in the name of trying to make quick money from bitcoin trading.

No, it was not about using Bitcoin for trading, nor was he to blame for it. The reason why he loses and turns into a debtor is because of his ineffective trading strategy. A lot of traders use the same coin (bitcoin), and many of them make some profit. Therefore, it was not the coins we used, but it is a trader's approach, and they could lose if they don't make it right. There are a lot of people who tried trading, but many of them failed. Unfortunately, that person is one among those traders who fail.

As we know trading is not that easy to grasp everything that is basically related to trading, I do like how you explain it here. Of course Many people who jumped into trading without at least to see how the market reactans create new price level for they could jump Into market to trading. Before one would be successful in trading they need principles of trading before getting their desires moment on trading.

[Oluwa-btc]

Trading is definitely risky, not everyone can make profit from trading, but professional traders can make good profit from trading, but professional traders also face losses. So you may face losses if you trade as a newbie. If interested in trading, start with small amount. Now it is more profitable to hold long term than to trade in Bitcoin. Now that you have got an idea about Bitcoin from a trader, maybe he gave you an idea about trading. Now trading is not for everyone, but investing is for everyone. So my suggestion for you is, you buy bitcoin and hold long term, if you hold long term, you don't lose money.

Trading and investing have different approaches and goals but they're two popular ways to gainr financial stability and make real money.Overtime, trading Bitcoin is highly recommended and lucrative but due to significant losses that have emerged,certain changes have also lead to the Bitcoin trading accessible allowing traders to partake in the global market changes.

[Wakate]

Trading is definitely risky, not everyone can make profit from trading, but professional traders can make good profit from trading, but professional traders also face losses. So you may face losses if you trade as a newbie. If interested in trading, start with small amount. Now it is more profitable to hold long term than to trade in Bitcoin. Now that you have got an idea about Bitcoin from a trader, maybe he gave you an idea about trading. Now trading is not for everyone, but investing is for everyone. So my suggestion for you is, you buy bitcoin and hold long term, if you hold long term, you don't lose money.

Trading and investing have different approaches and goals but they're two popular ways to gainr financial stability and make real money.Overtime, trading Bitcoin is highly recommended and lucrative but due to significant losses that have emerged,certain changes have also lead to the Bitcoin trading accessible allowing traders to partake in the global market changes.

Every Bitcoin traders must understand that trading is very risky and it's not for those that are too emotional to enter the market or make financial decisions. Decision making is what we should prepare for if we want to make financial profitability. Getting profits from trading Bitcoin involves getting the full skill to trade the market and make decision that will help to increase financial accumulation.
Trading Bitcoin can be profitable and can also be disturbing for those good traders out there that don't know how to stay focused and been taken away by the greed of making huge profits from the market without and research or analysis.

[boyptc]

Those investors that claimed on how they've made with Bitcoin investment are just telling the truth of their crypto journey.

While traders can boast their trades but it is the obvious that not all of them have better days compared to investing.

Choose what you will be settled for the rest of your lives, invest and after earning a lot, play with trading and learn it.

[Ziskinberg]

No trader would claim that he made massive profits out from bitcoin that’s because they don’t do it for public bragging, but they trade secretly and make successful trades. But let’s be realistic, not all traders are bound to succeed and make massive income, some are just good at start and eventually losing their enthusiasm with trading simply because they can’t bear the losses that trading brings. And I don’t see any wrong with that. Traders can just settle into hodling their bitcoin, yet they still made profits equivalent from trading, or even bigger.

[john_egbert]

Those investors that claimed on how they've made with Bitcoin investment are just telling the truth of their crypto journey.

While traders can boast their trades but it is the obvious that not all of them have better days compared to investing.

Choose what you will be settled for the rest of your lives, invest and after earning a lot, play with trading and learn it.

Stability or potential - that's how I would put it.

Simple and easy to understand - imo.

[michellee]

No trader would claim that he made massive profits out from bitcoin that’s because they don’t do it for public bragging, but they trade secretly and make successful trades. But let’s be realistic, not all traders are bound to succeed and make massive income, some are just good at start and eventually losing their enthusiasm with trading simply because they can’t bear the losses that trading brings. And I don’t see any wrong with that. Traders can just settle into hodling their bitcoin, yet they still made profits equivalent from trading, or even bigger.

Those people who claim they made massive profits out from Bitcoin trading should be questioned because those who really succeed from trading will not tell their success story to public and keep that story for themselves and their closest people.

Yes, we know that not many traders are succeed from trading but loss their money from trading. Those people who lost in trading finally gave up from trading and left it because they thought that they could not trade better and make a profit.

And those who claim their success story from trading will give offers to their follower to join with them to achieve success too. This make new people join because they think that they can succeed too. Those who claim their success make money from their program and not from trading.

[boyptc]

Those investors that claimed on how they've made with Bitcoin investment are just telling the truth of their crypto journey.

While traders can boast their trades but it is the obvious that not all of them have better days compared to investing.

Choose what you will be settled for the rest of your lives, invest and after earning a lot, play with trading and learn it.

Stability or potential - that's how I would put it.

Simple and easy to understand - imo.

You're right. It's very simple and easy to understand but in the actuality, it's hard.

While holding has both of the potential and stability because of how the results we've got by simply having it and without being required to do that much trade.

Those traders are likely looking into the market through futures mostly for Bitcoin and if they do spot, they'd choose to keep BTC and will go for altcoins.

[Zanab247]

BTC trading is not favouring you doesn't mean is not good to trade BTC, you can see the majority of traders chosen BTC out of other cryptocurrencies to trade, because it has a high risk and a high rewards to those that chose BTC trading. There are some strategies you will involve in BTC trading, you will not complain with the profit that will come out from the trading because you know you are using small amount of money to trade BTC.

Sometimes, the amount of money you are using to buy coins may be the reason why you are not making big profits from your trading, because there is no way you will use small amount of money to buy coins and trade at the moment to expect big profits from the market.