leonair
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December 02, 2023, 04:50:01 PM |
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Trading is a lifetime skill that is always beneficial if you know what you are doing, the biggest mistake of traders is trading alt that most times doesn't obey market structure, when it comes to cryptocurrency, trade only Bitcoin. Bitcoin doesn't just give you profit, it gives you security, it obeys market structure, for the past 2yrs I have been trading, I only have losess only when I trading Alt, price action trading I utilize will trading always gives me result when trading Bitcoin, but when it comes to Alt I really do feel as if am gambling, so my fellow traders, trade only Bitcoin, I don't know if anyone feel the same way?
Each trader has his own style and preferences, and the choice between trading Bitcoin and altcoins depends on individual strategies and risk preferences. Bitcoin tends to be more resilient to volatility compared to altcoins and, as you mentioned, can be perceived as more predictable within the market structure. However, altcoins often provide opportunities for higher profits as they can be more volatile. Bitcoin trading exposes a trader to much less risk but Altcoins are much more risky. Bitcoin trading is very easy but Altcoin trading requires high trading skills and potential strategies. Otherwise, you will not be able to profit by trading altcoins, on the other hand, there will be a possibility of high quality losses. So new traders should start trading with bitcoins and move to altcoins when they gain a good trading knowledge. Because if you can successfully trade in altcoins, you can make more profit than Bitcoin.
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ajiz138
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December 02, 2023, 05:43:33 PM |
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If you are making a profit in bitcoin trading, then do that and just keep going. That's the important thing; whether it's big or small, it's fine. Personally, I trade with other cryptos, not Bitcoin, because I get better profit every day.
But of course, this is based on my knowledge of crypto and the trading activity I do. In Bitcoin, when the amount you use to trade is only around 30$, the movement takes a bit longer, and if it is aggressive, it is small, because I have a goal of making a certain amount of profit every day, and at least I can make 10$–20$ a day.
Trading bitcoin but on spot is useless because it will only waste a long time to make a percentage we know how bitcoin moves almost sideways days so you rely on spot then it will not be profitable faster unless you switch to futures trading. The movement of altcoins is quite significant every day but you know there is a greater risk when you predict it wrong, when you continue to hold altcoins even further down then that will trigger your adrenaline when trading in altcoins. You make $10-$20 every day from trading? Is it possible, I think this is the hardest thing when traders target earnings every day should be above $10.
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Bushdark
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Social media moderator/chatter
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December 02, 2023, 05:54:17 PM |
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Trading is a lifetime skill that is always beneficial if you know what you are doing, the biggest mistake of traders is trading alt that most times doesn't obey market structure, when it comes to cryptocurrency, trade only Bitcoin. Bitcoin doesn't just give you profit, it gives you security, it obeys market structure, for the past 2yrs I have been trading, I only have losess only when I trading Alt, price action trading I utilize will trading always gives me result when trading Bitcoin, but when it comes to Alt I really do feel as if am gambling, so my fellow traders, trade only Bitcoin, I don't know if anyone feel the same way?
Each trader has his own style and preferences, and the choice between trading Bitcoin and altcoins depends on individual strategies and risk preferences. Bitcoin tends to be more resilient to volatility compared to altcoins and, as you mentioned, can be perceived as more predictable within the market structure. However, altcoins often provide opportunities for higher profits as they can be more volatile. Bitcoin trading exposes a trader to much less risk but Altcoins are much more risky. Bitcoin trading is very easy but Altcoin trading requires high trading skills and potential strategies. Otherwise, you will not be able to profit by trading altcoins, on the other hand, there will be a possibility of high quality losses. So new traders should start trading with bitcoins and move to altcoins when they gain a good trading knowledge. Because if you can successfully trade in altcoins, you can make more profit than Bitcoin. Trading in general is very risky and we need to be very careful how we trade altcoins. Although there are altcoins that can give us amazing profits since they are most pumped and dumped. Altcoins trading gives profits even more than Bitcoin itself. We need to know the areas we are good at as a trader so that we don't trade blindly and end up losing more than we had won. Cryptocurrency trading need a bit understand about the market even though we have plans of copytrading which is be another way of trading without much knowledge of the market.
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ItsCrafty
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December 03, 2023, 08:00:19 AM |
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Bitcoin is the only one that can give profit to a person because Bitcoin is a coin that can never go down because if you look at how many years ago Bitcoin goes down sometimes but again it goes up because bitcoin can never be finished and other altcoins I also think that I'm not playing the game because in a short time they go up and suddenly they go down.if we can see the future profit, so this is a very great coin, only bitcoin we should only invest in it. The rest of the Ethereum is also a great coin, BNB is also good, but of all of them. Depend is only on on Bitcoin
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Cryptmuster
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Bisq
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December 03, 2023, 08:42:39 AM |
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Trading bitcoin but on spot is useless because it will only waste a long time to make a percentage we know how bitcoin moves almost sideways days so you rely on spot then it will not be profitable faster unless you switch to futures trading.
The movement of altcoins is quite significant every day but you know there is a greater risk when you predict it wrong, when you continue to hold altcoins even further down then that will trigger your adrenaline when trading in altcoins.
You make $10-$20 every day from trading? Is it possible, I think this is the hardest thing when traders target earnings every day should be above $10.
Trading bitcoin on the spot is not useless, look at 2023, bitcoin showed an increase of more than 100%, this is an excellent result without increased risks as in futures. If you want to earn $10 every day, then this looks doubtful, in trading it is difficult to achieve any accurate results. You can earn $100 in one day and then just wait a week for a good deal, so you shouldn’t focus on the daily result.
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bayu7adi
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December 03, 2023, 01:46:35 PM |
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Other answer is actually relative and unique, but given the comparison with altcoins, I agree that Bitcoin is better in many aspects for saving and investing purpose. I follow a similar approach for my crypto asset purchases, having a higher dominance of Bitcoin. However, do I only buy Bitcoin? Of course not. There is so many opportunities to explore.
I buy BTC and ALTs with a larger portion allocated to BTC, as my trust in BTC is stronger than ALT now. Additionally, I also try to invest in some stocks related to energy, and this is still in the learning phase. Even stocks are not directly related to cryptocurrencies, ETFs made me study stocks more diligently than before.
BTC still dominates my current portfolio, and it seems we share a similar outlook on BTC believing in the potential blessings of ETFs and halving, right? While nothing is guaranteed, let's prove it ourselves.
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borovichok
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December 18, 2023, 10:20:33 PM |
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Bitcoin is the only one that can give profit to a person because Bitcoin is a coin that can never go down because if you look at how many years ago Bitcoin goes down sometimes but again it goes up because bitcoin can never be finished and other altcoins I also think that I'm not playing the game because in a short time they go up and suddenly they go down.if we can see the future profit, so this is a very great coin, only bitcoin we should only invest in it. The rest of the Ethereum is also a great coin, BNB is also good, but of all of them. Depend is only on on Bitcoin
There's particular reason why I choose Bitcoin not because I'm acquainted with it but because it's a promising projects. We're in profits or not, it doesn't matter, what matters is our ability to grab significant profits in the market. The space is filled with competitive projects, all projects trying their solid best to outgunned the current one. No one would settle for lesser project, underrated it as if there's no absence of prominent projects. Bitcoin is a promising project in the market and I've cared ao much about making a bold step in accumulating good profits.
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poodle63
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December 19, 2023, 01:09:42 AM |
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Bitcoin is the only one that can give profit to a person because Bitcoin is a coin that can never go down because if you look at how many years ago Bitcoin goes down sometimes but again it goes up because bitcoin can never be finished and other altcoins I also think that I'm not playing the game because in a short time they go up and suddenly they go down.if we can see the future profit, so this is a very great coin, only bitcoin we should only invest in it. The rest of the Ethereum is also a great coin, BNB is also good, but of all of them. Depend is only on on Bitcoin
There's particular reason why I choose Bitcoin not because I'm acquainted with it but because it's a promising projects. We're in profits or not, it doesn't matter, what matters is our ability to grab significant profits in the market. The space is filled with competitive projects, all projects trying their solid best to outgunned the current one. No one would settle for lesser project, underrated it as if there's no absence of prominent projects. Bitcoin is a promising project in the market and I've cared ao much about making a bold step in accumulating good profits. indeed bitcoin is really good coin that always the one that experience the bullish market first but we also need to know whether our capital suited to invest bitcoin, if my capital is low i would more likely switch over to other coin and find a good coin with lesser price, but its no denying that bitcoin is among the best investment, there's reason why many institutional investors out there are decided to invest their money and we are talking about tons of money here to bitcoin because its the best investment from their perspective, the liquidity is there, the community is strong, also if there's anything that gonna get delisted last in exchange its bitcoin because its the leading market dominance coin surely it won't get delisted anytime soon even decades into the future. but the only hurdle of investing in bitcoin is simply put the fact that it requires a lot of capital, bitcoin is so great for big financial institution and fund management to invest but for us the little guy its kinda hard to get profit because even if bitcoin is increasing maybe 50% we just gonna get fraction of the profit like many have said earlier.
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