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Topic: Start trading (Read 1492 times)
coinyoo
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★YoBit.Net★ 350+ Coins Exchange & Dice
Re: Start trading
November 04, 2015, 08:15:29 PM
#21
i would wait to buy bitcoins. the price has risen very much over the few weeks. more than 100%. a price correction is overdue.
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FaucetWorld
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Re: Start trading
November 04, 2015, 10:49:18 PM
#22
Quote from: coinyoo on November 04, 2015, 08:15:29 PM
i would wait to buy bitcoins. the price has risen very much over the few weeks. more than 100%. a price correction is overdue.
hehe you're right! One thing is certain when you trade! The correction always comes! Sooner or later, but ALWAYS! So wait with your finger over "buy" button, because it will come in hours..
But that's only my speculation..
Miracal
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Re: Start trading
November 07, 2015, 09:01:41 AM
#23
Quote from: bitcoinmar on November 03, 2015, 10:33:48 PM
Quote from: vendetahome on November 03, 2015, 07:46:11 PM
i wouldnt recommend trading cryptocurrencies as one day bitcoin can be in huge price and another day it can drop by 30 dollars it is really unpredictable in my opinion
I agree with you its could be very risky for any newbie he need to spend too much time here as he has good experience then he can start this otherwise he will lost his all money
True, as with any stock market the Bitcoin market is also very dynamic and a plethora of factors can affect the price very swiftly. Always advisable to do a detailed analysis and (reasonably) extensive research about the market environment before you start trading.
FaucetWorld
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Re: Start trading
November 07, 2015, 10:48:15 AM
#24
Quote from: Miracal on November 07, 2015, 09:01:41 AM
Quote from: bitcoinmar on November 03, 2015, 10:33:48 PM
Quote from: vendetahome on November 03, 2015, 07:46:11 PM
i wouldnt recommend trading cryptocurrencies as one day bitcoin can be in huge price and another day it can drop by 30 dollars it is really unpredictable in my opinion
I agree with you its could be very risky for any newbie he need to spend too much time here as he has good experience then he can start this otherwise he will lost his all money
True, as with any stock market the Bitcoin market is also very dynamic and a plethora of factors can affect the price very swiftly. Always advisable to do a detailed analysis and (reasonably) extensive research about the market environment before you start trading.
I agree that for newbie Bitcoin market is risky, but for newbies all markets are risky
Bitcoin price is very dynamic, but in longer run it is good investition. And i don't agree that price can go down to $30. I'm sure that price will never drop under $250
iram66680
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Re: Start trading
November 07, 2015, 10:57:23 AM
#25
Don't believe what the exchange's chatbox or aka. trollbox says. They are mostly inaccurate and you shouldn't heed their advice. Instead, form your own decisions without the influence of others. If not, stop thinking about trading.
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FaucetWorld
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Re: Start trading
November 07, 2015, 11:02:36 AM
#26
Quote from: iram66680 on November 07, 2015, 10:57:23 AM
Don't believe what the exchange's chatbox or aka. trollbox says. They are mostly inaccurate and you shouldn't heed their advice. Instead, form your own decisions without the influence of others. If not, stop thinking about trading.
Exactly! Sometimes when I get bored I read what people write in trollbox. Mostly what they says is complete opposite of what is actually!
foxkyu
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Merit: 1000
Re: Start trading
November 08, 2015, 01:24:22 PM
#27
Well, bitcoin price is now unpredictable. No one knows anyway why bitcoin price is skyrocketing.
In my opinion, you can try to fast trading using arbitrage technic.
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