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Author Topic: Start trading  (Read 1487 times)
coinyoo
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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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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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FaucetWorld
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November 04, 2015, 10:49:18 PM
 #22

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.. Smiley But that's only my speculation.. Wink
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November 07, 2015, 09:01:41 AM
 #23

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.
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November 07, 2015, 10:48:15 AM
 #24

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 Wink 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
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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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November 07, 2015, 11:02:36 AM
 #26

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!
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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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