stadus
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Activity: 3276
Merit: 1317
Hhampuz for Campaign management
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February 09, 2017, 03:52:07 AM |
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Trading is hard because there's no way to know where the bottom is or where the top is on any given day or week. You just have to make good judgments and don't panic buy or panic sell. It's best to wait for a spike in price to sell and a dip in price to buy back.
People who panic are those who have no proper education about bitcoin, it's normal that the price will rise and fall but with timing, we can take advantage and make profit on the event. Since bitcoin is volatile, day traders can make profit and that is not easy if you are just guessing without reference.
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Botnake
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February 09, 2017, 06:39:20 AM |
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Trading is hard because there's no way to know where the bottom is or where the top is on any given day or week. You just have to make good judgments and don't panic buy or panic sell. It's best to wait for a spike in price to sell and a dip in price to buy back.
People who panic are those who have no proper education about bitcoin, it's normal that the price will rise and fall but with timing, we can take advantage and make profit on the event. Since bitcoin is volatile, day traders can make profit and that is not easy if you are just guessing without reference. Definitely, and they can easily decide without even evaluating what the real situation is. There are only few traders who can be successful as they have made trading as part of their life or their job. By spending time with it, you must ensure you have a nice capital, as there is no constant income here even how good you are. With good amount of capital you can earn a decent income even not a 100% of your capital at a short time.
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jossiel
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February 09, 2017, 06:41:55 AM |
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Trading is hard because there's no way to know where the bottom is or where the top is on any given day or week. You just have to make good judgments and don't panic buy or panic sell. It's best to wait for a spike in price to sell and a dip in price to buy back.
It is hard for the first time traders but if you are already in this type of earning you can adjust easily with it. And there's no assurance that you are going to earn here if you are lack of ammo's so its your responsibility that you need to study the market. Also the alt coins that you are going to buy, the profit is not constant because its changing from time to time but there are times that you can earn big and that's the advantage of it.
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anonbit992
Sr. Member
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Activity: 378
Merit: 251
A Trader & An Investor
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February 09, 2017, 07:14:18 AM |
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Trading is hard because there's no way to know where the bottom is or where the top is on any given day or week. You just have to make good judgments and don't panic buy or panic sell. It's best to wait for a spike in price to sell and a dip in price to buy back.
It is hard for the first time traders but if you are already in this type of earning you can adjust easily with it. And there's no assurance that you are going to earn here if you are lack of ammo's so its your responsibility that you need to study the market. Also the alt coins that you are going to buy, the profit is not constant because its changing from time to time but there are times that you can earn big and that's the advantage of it. Do not trade with an amount of bitcoin that you took as loan unless you have other source to pay it from. Try to trade using your own money. Learn to manage your risk. Have stop loss placed at all time. Learn to set a stop loss and a target to exit a trade. THIS is very important and if you fail to follow this in trading, you may find yourself with an account that is wiped off.
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Mr.grin
Legendary
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Activity: 1218
Merit: 1000
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February 09, 2017, 09:15:57 AM |
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we can not produce normal income with trading. very difficult to predict how much will we get, and how much of our losses. always uncertainty when looking for money by trading. without accurate information, it might be a big loss. well, with trading income, totally unpredictable
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jeraldskie11
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February 09, 2017, 09:48:51 AM |
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Yes, I agree also that trading is an unpredictable job. Its because you can't expect what will happen in your that you trade in the future. You can't predict your money that you will earn or it will be doubled. But even it is happen, many people earned in trading.
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CraigWrightBTC
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February 09, 2017, 09:50:32 AM |
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Trading is hard because there's no way to know where the bottom is or where the top is on any given day or week. You just have to make good judgments and don't panic buy or panic sell. It's best to wait for a spike in price to sell and a dip in price to buy back.
Yes too much factors on trading that we must know about trading and i can take the essentials from your statement with don't panic buy or panic sell we must control our selves when buy or sell positions in my opinions we must know about human psychology in trading.
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junder
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February 09, 2017, 10:22:44 AM |
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Thats true trading is hard to predict when the price is up or down I think that the key is patient and don't be greedy.
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Zadicar
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Activity: 1512
Merit: 1025
DGbet.fun - Crypto Sportsbook
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February 09, 2017, 01:01:20 PM |
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Thats true trading is hard to predict when the price is up or down I think that the key is patient and don't be greedy.
Your patience would really be tested out specially when you are trading and if you dont have this then for sure you will suffer losses on trading since price is really unpredictable and even professional traders cant still predict on the movement but some could able still to manage to make money which do make use of their knowledge.
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deisik
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Activity: 3542
Merit: 1280
English ⬄ Russian Translation Services
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February 09, 2017, 01:18:49 PM Last edit: February 09, 2017, 01:44:06 PM by deisik |
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Trading is hard because there's no way to know where the bottom is or where the top is on any given day or week. You just have to make good judgments and don't panic buy or panic sell. It's best to wait for a spike in price to sell and a dip in price to buy back.
Yes too much factors on trading that we must know about trading and i can take the essentials from your statement with don't panic buy or panic sell we must control our selves when buy or sell positions in my opinions we must know about human psychology in trading "Don't panic buy or panic sell" People aren't panic buying or panic selling for no apparent reason at all. There is always some reason behind doing something, and just the advice that you should neither panic buy or panic sell is mostly useless (if not outright harmful). You should understand what exactly makes you panic. If you are selling in panic, it is obvious that you shouldn't in the first place have bought so much at so high a price. The same basically pertains to panic buying as well, i.e. you should have bought earlier at a lower price and likely in greater amount
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dotajhay
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February 09, 2017, 01:32:01 PM |
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we can not produce normal income with trading. very difficult to predict how much will we get, and how much of our losses. always uncertainty when looking for money by trading. without accurate information, it might be a big loss. well, with trading income, totally unpredictable
Trading is step by step procedure to learn, like me i started at 0.01 balance then first i lose many coins because of it but being hard worker and patience i can say that i can earn a good profit from trading, the only needs in trading is patience, good strategy ang trolling in the chatbox and salestalk and analyze if the coin is dead, sometimes the coin dev just dumping it and wait for few days it will pump big.
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naidray
Legendary
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Activity: 1232
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February 09, 2017, 01:36:15 PM |
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Bitcoins price volatility accounts for its unpredictable nature and as a trader you need skills to be prudent to know when to hold or release coins and you need to stay informed with news surrounding the crypto world to have the edge.
Of course, the trading requires you to always keep an eye on the market and the news regarding cryptocurrencies I would say the require time as well, since the price of the cryptocurrencies is hard to predict that make the job of a trader even more harder but also rewarding and satisfying. What makes it very difficult is that it's 24/7. You've got to be very strict with your trading so you don't end up constantly wired on coffee, drugs and just a few hours sleep. Yeah, the thing about trading is that you must have the time and the patience to keep watching the market and keep researching in order to ensure that you don’t lose, otherwise you will miss your chance and that will be a waste, it is risky if you jump in without having the experience nor the suitable time.
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densuj (OP)
Legendary
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Activity: 910
Merit: 1000
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February 09, 2017, 03:43:48 PM |
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Bitcoins price volatility accounts for its unpredictable nature and as a trader you need skills to be prudent to know when to hold or release coins and you need to stay informed with news surrounding the crypto world to have the edge.
Of course, the trading requires you to always keep an eye on the market and the news regarding cryptocurrencies I would say the require time as well, since the price of the cryptocurrencies is hard to predict that make the job of a trader even more harder but also rewarding and satisfying. What makes it very difficult is that it's 24/7. You've got to be very strict with your trading so you don't end up constantly wired on coffee, drugs and just a few hours sleep. Yes if you use short term strategy on trading activity, we must stay on monitor of computer will be different if use long term strategy on trading activity, it is relax and don't need stay on monitor of computers and taking much time for trading.
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bitbunnny
Legendary
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Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
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February 09, 2017, 04:38:43 PM |
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Bitcoins price volatility accounts for its unpredictable nature and as a trader you need skills to be prudent to know when to hold or release coins and you need to stay informed with news surrounding the crypto world to have the edge.
Of course, the trading requires you to always keep an eye on the market and the news regarding cryptocurrencies I would say the require time as well, since the price of the cryptocurrencies is hard to predict that make the job of a trader even more harder but also rewarding and satisfying. What makes it very difficult is that it's 24/7. You've got to be very strict with your trading so you don't end up constantly wired on coffee, drugs and just a few hours sleep. Yes if you use short term strategy on trading activity, we must stay on monitor of computer will be different if use long term strategy on trading activity, it is relax and don't need stay on monitor of computers and taking much time for trading. I agree and I would vote for long term strategy. I think it's safer in terms of profit possibility and also lot less stressful. With short term and daily trading you have to be stuck for Bitcoin market 24/7 otherwise you might mis som realy important and lose money quickly so long term is better choice
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richardsNY
Legendary
Offline
Activity: 1232
Merit: 1091
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February 09, 2017, 08:16:34 PM |
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Bitcoins price volatility accounts for its unpredictable nature and as a trader you need skills to be prudent to know when to hold or release coins and you need to stay informed with news surrounding the crypto world to have the edge.
Of course, the trading requires you to always keep an eye on the market and the news regarding cryptocurrencies I would say the require time as well, since the price of the cryptocurrencies is hard to predict that make the job of a trader even more harder but also rewarding and satisfying. What makes it very difficult is that it's 24/7. You've got to be very strict with your trading so you don't end up constantly wired on coffee, drugs and just a few hours sleep. Yes if you use short term strategy on trading activity, we must stay on monitor of computer will be different if use long term strategy on trading activity, it is relax and don't need stay on monitor of computers and taking much time for trading. Money is a great motivator. If there is enough volatility going through the market then people will use it in their advantage. It requires concentration and a lot time, but for well experienced traders the profits outweigh the time and effort that is going into (day)trading. However, if there is no volatility during a day or two, then you should take distance from the market. Days with low volume/price movements are not worth it.
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wahb
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February 09, 2017, 11:46:28 PM |
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Bitcoins price volatility accounts for its unpredictable nature and as a trader you need skills to be prudent to know when to hold or release coins and you need to stay informed with news surrounding the crypto world to have the edge.
Of course, the trading requires you to always keep an eye on the market and the news regarding cryptocurrencies I would say the require time as well, since the price of the cryptocurrencies is hard to predict that make the job of a trader even more harder but also rewarding and satisfying. What makes it very difficult is that it's 24/7. You've got to be very strict with your trading so you don't end up constantly wired on coffee, drugs and just a few hours sleep. Yes if you use short term strategy on trading activity, we must stay on monitor of computer will be different if use long term strategy on trading activity, it is relax and don't need stay on monitor of computers and taking much time for trading. Money is a great motivator. If there is enough volatility going through the market then people will use it in their advantage. It requires concentration and a lot time, but for well experienced traders the profits outweigh the time and effort that is going into (day)trading. However, if there is no volatility during a day or two, then you should take distance from the market. Days with low volume/price movements are not worth it. but only well expert investors can get the advantages from such situation, those people who do not take pressure and not coming in panic selling. and those people who understand the nature of the market. otherwise short term investment is too much risky if one do not have experience in short term investment.
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choppork
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February 10, 2017, 08:14:08 AM |
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Bitcoins price volatility accounts for its unpredictable nature and as a trader you need skills to be prudent to know when to hold or release coins and you need to stay informed with news surrounding the crypto world to have the edge.
Of course, the trading requires you to always keep an eye on the market and the news regarding cryptocurrencies I would say the require time as well, since the price of the cryptocurrencies is hard to predict that make the job of a trader even more harder but also rewarding and satisfying. What makes it very difficult is that it's 24/7. You've got to be very strict with your trading so you don't end up constantly wired on coffee, drugs and just a few hours sleep. Yes if you use short term strategy on trading activity, we must stay on monitor of computer will be different if use long term strategy on trading activity, it is relax and don't need stay on monitor of computers and taking much time for trading. I agree and I would vote for long term strategy. I think it's safer in terms of profit possibility and also lot less stressful. With short term and daily trading you have to be stuck for Bitcoin market 24/7 otherwise you might mis som realy important and lose money quickly so long term is better choice Even in short trading, you don't have to watch the market 24/7. You just have to check it out every once in a while. A dump doesn't happen in a matter of seconds. It happens in a matter of hours unless somebody sold a huge amount of coins all at once. If that's the case, even if you were watching the market 24/7, you couldn't have saved your coins at all since there's no moment to do so. I would vote for trading that keeps an eye on the charts and do something about his coins when the price increases/decreases. You can earn way more coins that way.
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poetra2501
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February 10, 2017, 09:08:03 AM |
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Trading is really unpredictable, because if all traders in the exchange site and every trader can predict all the price when will gonna increase or decrease the price value for sure many altcoins will face crisis even Bitcoin too.
Not only that, we will all be reach if trading is predictable. There are people who are good in trading but they cannot predict the price movement all the time, that is why they lose sometimes but knowledge and skills just give them a consistent profit in the long run. It's a job that we have to learn as we go along, and without developing our skills, we will not gonna end up profitable. Also movement the price can be followed by traders with searce the trend and it can be done by practice trading on the markets we can get profit in trading with learning by doing too, prediction in trading without practice we don't know is it work or not. We can learn more about trading with can analyze the market price, with the fundamental analysis or technical analysis. By the way so we can predict where the direction of the prices of the coins it will move.
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jossiel
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February 10, 2017, 09:59:51 AM |
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Trading is hard because there's no way to know where the bottom is or where the top is on any given day or week. You just have to make good judgments and don't panic buy or panic sell. It's best to wait for a spike in price to sell and a dip in price to buy back.
It is hard for the first time traders but if you are already in this type of earning you can adjust easily with it. And there's no assurance that you are going to earn here if you are lack of ammo's so its your responsibility that you need to study the market. Also the alt coins that you are going to buy, the profit is not constant because its changing from time to time but there are times that you can earn big and that's the advantage of it. Do not trade with an amount of bitcoin that you took as loan unless you have other source to pay it from. Try to trade using your own money. Learn to manage your risk. Have stop loss placed at all time. Learn to set a stop loss and a target to exit a trade. THIS is very important and if you fail to follow this in trading, you may find yourself with an account that is wiped off. Of course I won't use loaned bitcoins for trading there's no assurance that I can return the amount that I borrowed. I always use my own funds when it comes to risk, investments or gambling so it didn't come to my mind that I need to borrow some. Because I know that it is unpredictable and hard to promise that I can pay.
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PacePay
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February 10, 2017, 03:11:33 PM |
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Trading is really unpredictable, because if all traders in the exchange site and every trader can predict all the price when will gonna increase or decrease the price value for sure many altcoins will face crisis even Bitcoin too.
Not only that, we will all be reach if trading is predictable. There are people who are good in trading but they cannot predict the price movement all the time, that is why they lose sometimes but knowledge and skills just give them a consistent profit in the long run. It's a job that we have to learn as we go along, and without developing our skills, we will not gonna end up profitable. Also movement the price can be followed by traders with searce the trend and it can be done by practice trading on the markets we can get profit in trading with learning by doing too, prediction in trading without practice we don't know is it work or not. We can learn more about trading with can analyze the market price, with the fundamental analysis or technical analysis. By the way so we can predict where the direction of the prices of the coins it will move. Yes that is right with that strategy a person will be able to predict that what will be the price of bitcoin in the coming week, month or year but if someone will start trade without any startegy and without any knowledge then or the trade is like gambling as he will not learn and all the things will be unpredictable for him.
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