outatime1
Sr. Member
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Activity: 364
Merit: 254
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October 18, 2016, 09:50:32 PM |
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Sometimes I miss opportunities, but now I always leave myself some leverage so I can buy some bitcoins if the price drops or sell some if the price increases. It still is hard to know when to buy or sell.
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Piltover
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October 19, 2016, 01:12:58 AM |
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One problem is the price of bitcoin can be stable for weeks at a time in which case you can't make any money from trading. Then what happens is that the price of bitcoin moves suddenly, but you make nothing because you are asleep. So you do algo trading, and then you end up losing money because of bugs.
Trading with bots can be profitable but you need a good programmer, if you are not one yourself, and then you need to update the bot constantly in order to respond to new strategies that you may devise. I do not think that its a good thing to do and that it can let you lose a lot of money too, I do not think that you should do it. And the fact is that it can still let you lose a lot of money or sometimes its still even too slow..
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goldcoinminer
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October 19, 2016, 04:56:14 AM |
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One problem is the price of bitcoin can be stable for weeks at a time in which case you can't make any money from trading. Then what happens is that the price of bitcoin moves suddenly, but you make nothing because you are asleep. So you do algo trading, and then you end up losing money because of bugs.
Trading with bots can be profitable but you need a good programmer, if you are not one yourself, and then you need to update the bot constantly in order to respond to new strategies that you may devise. I do not think that its a good thing to do and that it can let you lose a lot of money too, I do not think that you should do it. And the fact is that it can still let you lose a lot of money or sometimes its still even too slow.. If you have trading using bot for your trading job then you can have a good experience if that is profitable, however the market movement does not always move in one direction only, there are times that it moves the other way because of the big factors that might affect the its movement, like for example if there are crisis then you need to set your bot again, I think that is a hard job to do.
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Oilacris
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October 19, 2016, 05:38:06 AM |
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One problem is the price of bitcoin can be stable for weeks at a time in which case you can't make any money from trading. Then what happens is that the price of bitcoin moves suddenly, but you make nothing because you are asleep. So you do algo trading, and then you end up losing money because of bugs.
Trading with bots can be profitable but you need a good programmer, if you are not one yourself, and then you need to update the bot constantly in order to respond to new strategies that you may devise. I do not think that its a good thing to do and that it can let you lose a lot of money too, I do not think that you should do it. And the fact is that it can still let you lose a lot of money or sometimes its still even too slow.. If you have trading using bot for your trading job then you can have a good experience if that is profitable, however the market movement does not always move in one direction only, there are times that it moves the other way because of the big factors that might affect the its movement, like for example if there are crisis then you need to set your bot again, I think that is a hard job to do. We cant really rely fully on trading bots because we couldnt assure if we make succesful trades anytime. Its better to do it manually because you could able to control on when to sell or buy on a particular price point. We couldnt avoid such situation on missing the most exact time to buy or sell.
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goinmerry
Legendary
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Activity: 2940
Merit: 1083
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October 19, 2016, 05:49:17 AM |
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I do but not always. A lot of time actually. It is hard to predict what could happen with bitcoin and a lot more with altcoins. Many have tried to predict but most of the time they fail. I remember one in facebook which is paying if you guess the right price. Out of the many comments it is like 5% are right but it is just a guess without facts provided.
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PsursV
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October 19, 2016, 07:31:44 AM |
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I do but not always. A lot of time actually. It is hard to predict what could happen with bitcoin and a lot more with altcoins. Many have tried to predict but most of the time they fail. I remember one in facebook which is paying if you guess the right price. Out of the many comments it is like 5% are right but it is just a guess without facts provided. yes i also have the same situation, for some time i do trad on right time and it really give me good profit but some other time it is not so much profitable and it cast a big lost.
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South Park
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October 19, 2016, 05:45:43 PM |
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One problem is the price of bitcoin can be stable for weeks at a time in which case you can't make any money from trading. Then what happens is that the price of bitcoin moves suddenly, but you make nothing because you are asleep. So you do algo trading, and then you end up losing money because of bugs.
Trading with bots can be profitable but you need a good programmer, if you are not one yourself, and then you need to update the bot constantly in order to respond to new strategies that you may devise. I do not think that its a good thing to do and that it can let you lose a lot of money too, I do not think that you should do it. And the fact is that it can still let you lose a lot of money or sometimes its still even too slow.. I do not see what is wrong with it , since that I what traders do, they run an analysis and after thinking that the price is going up or down they trade accordingly.
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dezoel
Legendary
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Activity: 2156
Merit: 1081
Leading Crypto Sports Betting & Casino Platform
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October 20, 2016, 02:21:57 PM |
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I do but not always. A lot of time actually. It is hard to predict what could happen with bitcoin and a lot more with altcoins. Many have tried to predict but most of the time they fail. I remember one in facebook which is paying if you guess the right price. Out of the many comments it is like 5% are right but it is just a guess without facts provided. yes i also have the same situation, for some time i do trad on right time and it really give me good profit but some other time it is not so much profitable and it cast a big lost. Its impossible to match the perfect timing every time as we don't know what will happen next in bitcoins and majority of times we may buy or sell bitcoins at the wrong time.
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jondeen707
Member
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Activity: 84
Merit: 10
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October 20, 2016, 03:23:11 PM |
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I do but not always. A lot of time actually. It is hard to predict what could happen with bitcoin and a lot more with altcoins. Many have tried to predict but most of the time they fail. I remember one in facebook which is paying if you guess the right price. Out of the many comments it is like 5% are right but it is just a guess without facts provided. yes i also have the same situation, for some time i do trad on right time and it really give me good profit but some other time it is not so much profitable and it cast a big lost. Its impossible to match the perfect timing every time as we don't know what will happen next in bitcoins and majority of times we may buy or sell bitcoins at the wrong time. That's right. There is no such thing as perfect timing here. In 90% of cases, my timing was far from perfect, what's important if it all works in the long run.
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terman45x
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October 20, 2016, 03:26:55 PM |
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I do but not always. A lot of time actually. It is hard to predict what could happen with bitcoin and a lot more with altcoins. Many have tried to predict but most of the time they fail. I remember one in facebook which is paying if you guess the right price. Out of the many comments it is like 5% are right but it is just a guess without facts provided. yes i also have the same situation, for some time i do trad on right time and it really give me good profit but some other time it is not so much profitable and it cast a big lost. Its impossible to match the perfect timing every time as we don't know what will happen next in bitcoins and majority of times we may buy or sell bitcoins at the wrong time. That's right. There is no such thing as perfect timing here. In 90% of cases, my timing was far from perfect, what's important if it all works in the long run. If you can manage to hold them for long term then you would be having enough time to make decision as you will sell them only if you are making good profits from it and if not you will prefer to hold them even longer.
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South Park
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October 20, 2016, 03:29:58 PM |
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I do but not always. A lot of time actually. It is hard to predict what could happen with bitcoin and a lot more with altcoins. Many have tried to predict but most of the time they fail. I remember one in facebook which is paying if you guess the right price. Out of the many comments it is like 5% are right but it is just a guess without facts provided. yes i also have the same situation, for some time i do trad on right time and it really give me good profit but some other time it is not so much profitable and it cast a big lost. Its impossible to match the perfect timing every time as we don't know what will happen next in bitcoins and majority of times we may buy or sell bitcoins at the wrong time. That's right. There is no such thing as perfect timing here. In 90% of cases, my timing was far from perfect, what's important if it all works in the long run. If you can manage to hold them for long term then you would be having enough time to make decision as you will sell them only if you are making good profits from it and if not you will prefer to hold them even longer. But even holding for a long time is no guarantee that you will make the right decision, after all, you may wait for the price to go even higher but what happens is a great reduction in price and now you lost the opportunity to make greater profits.
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fkvidar
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October 20, 2016, 05:09:23 PM |
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I do but not always. A lot of time actually. It is hard to predict what could happen with bitcoin and a lot more with altcoins. Many have tried to predict but most of the time they fail. I remember one in facebook which is paying if you guess the right price. Out of the many comments it is like 5% are right but it is just a guess without facts provided. yes i also have the same situation, for some time i do trad on right time and it really give me good profit but some other time it is not so much profitable and it cast a big lost. Its impossible to match the perfect timing every time as we don't know what will happen next in bitcoins and majority of times we may buy or sell bitcoins at the wrong time. That's right. There is no such thing as perfect timing here. In 90% of cases, my timing was far from perfect, what's important if it all works in the long run. If you can manage to hold them for long term then you would be having enough time to make decision as you will sell them only if you are making good profits from it and if not you will prefer to hold them even longer. But even holding for a long time is no guarantee that you will make the right decision, after all, you may wait for the price to go even higher but what happens is a great reduction in price and now you lost the opportunity to make greater profits. yeah holding never promises us profits in long run as anything is possible in coming years and price may even fall dramatically in future which can bring huge loss for us.
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Natlind
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October 23, 2016, 02:18:09 PM |
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Yes, I heard my friend saying it. As said, time decides everything. My friend said, when the price was less, he waited for the price to go up to exchange/sell the bitcoins he earned in this forum. A night made him miss a good profit to his bitcoins. The price was high at night and decreased in the morning. Time really matters. What if we have set the machine to auto sell when the price goes high and buy when the price goes low?
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hurain
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October 23, 2016, 06:04:53 PM |
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no do not think that i ever miss the best time to buy or sell bitocin, some time even know that it is now the right time to invest in bitcoin but still i do not invest because of the lack of money.
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FLoving
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October 23, 2016, 11:38:44 PM |
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Yes yesterday I missed to invest in a coin, I saw a coin which started to increase in value and I though that I will invest in that coin and then I gone for another task and when after a day I came I saw that it increase fve times from its previous price.
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Gatotare
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October 24, 2016, 06:35:44 AM |
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Yes yesterday I missed to invest in a coin, I saw a coin which started to increase in value and I though that I will invest in that coin and then I gone for another task and when after a day I came I saw that it increase fve times from its previous price.
The ZCash will be launced in 4 days. It might be listed some time after that. If the price is not too high, it might be good to invest.
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bamboylee
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October 24, 2016, 07:07:56 AM |
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Do you always missed the right time to sell or buy bitcoin?
If you mean selling on the top of the price and buying on lowest price before it pull up again, then yes. But it is alright for me. What is important to me is that I sell on profit. It means even if I buy at a high price, like right now, but if I wait for a few months and sell at a higher price, it is still okay for me.
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Zadicar
Legendary
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Activity: 1470
Merit: 1025
DGbet.fun - Crypto Sportsbook
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October 24, 2016, 12:20:15 PM |
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Do you always missed the right time to sell or buy bitcoin?
If you mean selling on the top of the price and buying on lowest price before it pull up again, then yes. But it is alright for me. What is important to me is that I sell on profit. It means even if I buy at a high price, like right now, but if I wait for a few months and sell at a higher price, it is still okay for me. You are right, its not really important if you missed always the peak or the lowest price on trading bitcoin as long you sell of it on a profit and its okay at all rather than selling it on negative profit. We could really miss up some times about these things because of bitcoins unpredictable price movements.
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Hallseplex
Member
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Activity: 61
Merit: 10
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October 24, 2016, 02:02:27 PM |
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I never miss the right time to buy or to sell becuase when you pay attention to the bitcoin allot and know that th eprice of tghe bitcoin is always cheating you you will never know when the right time to buy you know.
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PokerFace3
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October 24, 2016, 08:39:35 PM |
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Sometimes I miss opportunities, but now I always leave myself some leverage so I can buy some bitcoins if the price drops or sell some if the price increases. It still is hard to know when to buy or sell.
Keep on trying and make you sit tight to monitor the market trend for few days you can be rest assured that you may never miss any opportunity. Its good you know what time of the day the price is expected to be low or high. Just a little more work will make you succeed in the game of trading.
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