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Author Topic: Bitcoin is the best thing to trade  (Read 1030 times)
groll (OP)
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July 05, 2016, 12:31:53 AM
 #1

COmpare to any other units or items listed or included in a traders protfolio, Bitcoin must not be left behind. Seriously speaking nowadays bitcoin has the most promising return of investment or high trading earning power that has been continuosly breaking its own record. Since 2009 bitcoin has exceeded the expectations of traders around the world, the so called traditional trend has been smashed by bitcoins due to its skyrocket increase in market value and still continue to grow. Fortunately to all traders they must not miss this opportunity to include bitcoin in their portfolio.
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July 05, 2016, 12:53:18 AM
 #2

Yes bitcoin is good for trading but there is also a risk of trading bitcoin.  It's some times the is low. Always be prepared to what will happen.
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July 05, 2016, 01:19:46 AM
 #3

there've been weeks and weeks on end of almost total stagnation. the movements we're getting now are pretty unusual compared to the recent past.

if I was a trader I would've shopped elsewhere a long, long time ago.  every single share I have of every magnitude has moved more than bitcoin has over a certain  period of time.
groll (OP)
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July 05, 2016, 01:45:05 AM
 #4

Yes bitcoin is good for trading but there is also a risk of trading bitcoin.  It's some times the is low. Always be prepared to what will happen.

High and low is the nature of trading. Traders are always on monitor to the price index. Bitcoin is the best because it offers huge decrease and huge increase in price and thats what makes it attractive to traders. The movement is what give income to traders. Without movement trading is not exciting and income generating. THe thrill the income, the excitement is is with bitcoin.
ardentvolcanoes
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July 05, 2016, 01:55:09 AM
 #5

Yes I think so bitcoin is always for trading but you should have to wait so many weeks or month before you can make a profit from it also you would need to monitor it price from time to time and day by day . As a trader and investor we all know that it also a risky way of making profit aside from hyips .
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July 05, 2016, 02:01:10 AM
 #6

I think Bitcoin is a relatively good investment, but there have definitely been better returns on investment from some stocks in the past, at least until the past six months or so within Bitcoin. Especially during the drought between the ATH and the rise back up to $450, there have been a lot of things investors could go and hold and trade to make a better return than what was available at the time.

Over the past 4 months or whatever Bitcoin has probably been one of the best investments, but it'll have to keep performing in order to maintain everything.
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July 05, 2016, 02:39:17 AM
 #7

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July 05, 2016, 02:48:14 AM
 #8

COmpare to any other units or items listed or included in a traders protfolio, Bitcoin must not be left behind. Seriously speaking nowadays bitcoin has the most promising return of investment or high trading earning power that has been continuosly breaking its own record. Since 2009 bitcoin has exceeded the expectations of traders around the world, the so called traditional trend has been smashed by bitcoins due to its skyrocket increase in market value and still continue to grow. Fortunately to all traders they must not miss this opportunity to include bitcoin in their portfolio.

Bitcoin is the best thing to trade but there are other altcoins that best thing to trade than bitcoin because in bitcoin you need too big funds to earn too much. In altcoin your money can fold in many fold in just easy way. But in bitcoin it can too but it takes year or months to fold your money in 2x fold.
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July 05, 2016, 03:38:31 AM
 #9

According to many other failed traders that usually share their trading experiences on this forum, trading bitcoin or other altcoins is not so easy and profitable as you say. And I also think so because of the great unpredictability and volatility of the bitcoin behavior, which is very unusual compare to other assets or markets.
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July 05, 2016, 03:51:33 AM
 #10

Clearly a lot of people have a different view to it. Bitcoin is definitely not a best thing due to the volatiity, and easy manipulation by people with large amount of funds. It might be good as an investment for people who invest in it for long terms, but its definitely not the best for any trader. However people who are trading with larger amount of funds, may have a different experience.
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July 05, 2016, 04:27:37 AM
 #11

Clearly a lot of people have a different view to it. Bitcoin is definitely not a best thing due to the volatiity, and easy manipulation by people with large amount of funds. It might be good as an investment for people who invest in it for long terms, but its definitely not the best for any trader. However people who are trading with larger amount of funds, may have a different experience.

Bitcoin is best for each kind of people. Whether you are an investor, trader, service provider or even gambler, Using bitcoins for all them give them an added advantage.
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July 05, 2016, 04:44:08 AM
 #12

Clearly a lot of people have a different view to it. Bitcoin is definitely not a best thing due to the volatiity, and easy manipulation by people with large amount of funds. It might be good as an investment for people who invest in it for long terms, but its definitely not the best for any trader. However people who are trading with larger amount of funds, may have a different experience.

Bitcoin is best for each kind of people. Whether you are an investor, trader, service provider or even gambler, Using bitcoins for all them give them an added advantage.

Care to expand on that ? Sticking to the topic for a trader, bitcoin is not always an easy thing to trade. I remember back when the price was around 450 last year, it dived down to 350 in less than an hour,  a trader usually trading in short times, doesn't usually hold onto bitcoins for long and could have taken a loss right there. Not saying that price going down is bad, but just that big swings due to market sentiment usually is.
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July 05, 2016, 07:03:42 AM
 #13

Clearly a lot of people have a different view to it. Bitcoin is definitely not a best thing due to the volatiity, and easy manipulation by people with large amount of funds. It might be good as an investment for people who invest in it for long terms, but its definitely not the best for any trader. However people who are trading with larger amount of funds, may have a different experience.

Bitcoin is best for each kind of people. Whether you are an investor, trader, service provider or even gambler, Using bitcoins for all them give them an added advantage.

Care to expand on that ? Sticking to the topic for a trader, bitcoin is not always an easy thing to trade. I remember back when the price was around 450 last year, it dived down to 350 in less than an hour,  a trader usually trading in short times, doesn't usually hold onto bitcoins for long and could have taken a loss right there. Not saying that price going down is bad, but just that big swings due to market sentiment usually is.

A true trader knows the volatility and should be wise, when the price drops at 100 bucks then it is also a trigger for another buy, patience is virtue in trading and by the way not to mention that a trader has also extra bucks for another buy drops.
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July 05, 2016, 07:06:22 AM
 #14

Its best for trading because its highly volatile currency...so its a bit risky as well...but for experts its good
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July 05, 2016, 07:17:06 AM
 #15

Its best for trading because its highly volatile currency...so its a bit risky as well...but for experts its good


Bitcoin is the only altcoin has highest market exchange rate globally. Also have highly fluctuated market for Bitcoins. By considering this bitcoin trading can give good profit.
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July 05, 2016, 07:31:16 AM
 #16

Guys we must remember that Bitcoin crashed hard after it reached that $1200 all time high and that history can repeat itself again this time around too. Bitcoin is a highly volatile asset and the price can go up or down overnight incurring huge losses to investors. There is no certainty about what the price will be at tomorrow or a week from now because it fluctuates likes crazy. Also a massive panic sell will see the price crashing down again. All I am saying is that Bitcoin might be the most profitable thing to trade right now, but people need to do this trading with caution.
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July 05, 2016, 07:36:50 AM
 #17

The volatility has a upside to, and that is for the day traders to flourish in that environment. We should also mention that Bitcoin as a currency, not a commodity has performed the best compared to other currencies for many years now, so that in it self should serve as a motivation for people to trade in Bitcoin. The Chines have zero fees on their exchanges, and this makes trading in Bitcoin even more profitable for the average trader. So yes, I do agree with you on that statement. ^smile^

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July 05, 2016, 07:37:36 AM
 #18

it is good and bad. i believe it is a good thing to trade because of the price changes and the volatility that creates a good opportunity for traders to gain the most profit out of and also it is a good place to start trading because you can do it with abnormally small amount of money.

but it is also bad because the changes, volatility is not so predictable always. so it happens that you get surprised a lot of times about the price change and you have to act fast because the swings are a little big.

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July 05, 2016, 07:42:55 AM
 #19

Before I was using or even knowing Bitcoin I was doing stock trading. My average yearly profit was around 10-20% which isn't that bad in terms of stocks. I directly stopped all stock trading and sold everything to put that money into Bitcoin in 2013. And look where it brought me now. So far I have managed to more than double my money with trading every year. It's just amazing.
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July 05, 2016, 07:54:34 AM
 #20

Guys we must remember that Bitcoin crashed hard after it reached that $1200 all time high and that history can repeat itself again this time around too. Bitcoin is a highly volatile asset and the price can go up or down overnight incurring huge losses to investors. There is no certainty about what the price will be at tomorrow or a week from now because it fluctuates likes crazy. Also a massive panic sell will see the price crashing down again. All I am saying is that Bitcoin might be the most profitable thing to trade right now, but people need to do this trading with caution.

All trading have caution as far as I know,  and for trading a very high volatility item like Bitcoin, one should pay attention closely so you can sell your holdiing as soon as possible when sign of decline appear.  Anyway at this moment Bitcoin is one of the best thing to trade because of the possible high profit you can earn from trading it.

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