What Is Bitcoin Trading and Why It's risky?

[BitHodler]

As mentioned by most users Bitcoin Trading is really a good way to earn profit periodically, but problem with this is the investment. To get a earning, then needs to have a huge investment to get a stable price, other than which the price is unpredictable which needs more time to grab a big profile.

if you trading bitcoinn
and bitcoin price always stable you can't profit
because you buy and sell this price is same, if you want profit bitcoin price not stable, always wave bitcoin price and you can get profit

If the price of bitcoin becomes stable, earning good profit is really a hard thing, but as I mentioned in the earlier quote even if fluctuation happens with small number of bitcoin or investment making stable earning is not possible. Huge number of bitcoin or investment is required.

It doesn't really matter if you're trading with just 1BTC or 1000BTC, it's not possible to reach a stable level of income consecutively.

However, major traders on Chinese exchange can even make profit at times there barely is any volatility.

The aspect of trading with zero fees is something that helps them in a major way as it allows them to move the market in their preferred direction.

You always have bots looking to constantly place orders above your own order. This is how you can gain profits easily when you're a market mover.

In that aspect, market movers operating on Chinese exchanges with zero trading fees are able to make profits basically all the time. The amount of profit however is never the same.

[buzefall]

If anybody interested what is trading i made Crypto-demo account connected to my main account with proportional copied trades. Just for interest and can answer question also. Welcome ))
Metatrader 4
Login:  937468
Trader Password: ***********
Investor Password: 4ATqHdQY
Server address: ecndemo.fxopen.net

[raven7886]

If anybody interested what is trading i made Crypto-demo account connected to my main account with proportional copied trades. Just for interest and can answer question also. Welcome ))

Will it work from any meta trader platform or I need to download from that particular forex dealer ? Is there any risk involved having a meta trader with your log-on details like we have seen many people were simple hacked through skype conversations.  I suspect any vulnerability similar to that anything.

Any expert confirms the reliability of this services will be more helpful for many aspiring traders here.

[buzefall]

Hello! Yes, works fine with any MT4 platform, to be sure you can download clean latest version from metaquotes site.

Agree about Skype, use it with care only from virtual machine ) Also as advice - run anything you have doubt about on virtual machine.

P.S. I don't know anything about this broker and i'm not their client or adv or smthing else. It is just one of who lets to trade crypto and was choosen randomly.

[marcuslong]

It's really risky when you don't know what you are doing in trading but if you know what to do in daily basis then you can really make some good profit in short term of trading and the advantage of trading once the coins is not pumped up you can just hold them till the price will up again or re sell it much more cheaper than the original price.

[buzefall]

Absolutely agreed. And more, beside knowing about trading and how markets works very important thing to choose right market platform or broker. These things bring some risk too.
http://savepic.net/8530864.jpg

[GregH37]

Bitcoin trading is you trade bitcoin for something like fiat or altcoins. Altcoin to fiat trading is risky because some altcoins today are scam or just a pump and dump scheme. Good altcoins like doge and ltc are much better altcoin to trade, not that big profit but you won't regret buying it. Fiat to btc trading is also risky because it is based on a real market and it's value drops and rise fast but not that big.

It's a fair explanation. Most of the altcoins are scams, few have been fairly distributed. Litecoin is an example of a good cryptocurrency, with a good distribution, but in my opinion the trading volume is too low to make significant profit.

Not just litecoins, there are many fairly distributed altcoins are being traded, the thing is we must choose after closely following them. Yes, usually trading is not viable to start immediately on the day one itself. We must prepare ourselves be closely watching few alt coins with their volume and trading levels. Otherwise we might get struck with scam alt coins.

Every day new altcoins were getting developed. So one needs to be very careful while selecting a particular altcoin for trading purpose. Only very few altcoins have been popular among the users. So need to choose wisely after a great examination of price movement, only then we can make good profit with trading.

They still are getting developed. If we check the ico list then you will be surprised how many project are getting developed and how many people are involved in these project which are very risky, good profit and good for bitcoin. Choosing the best one is not easy and needs lots of time and a large community.

[wxa7115]

Hello folks!

I'm thinking about starting to trade with Bitcoin, but I see people saying that It's risky & almost like gambling.

I think that I mis-understand the meaning of trading.

For me trading Is for EXAMPLE, buying Bitcoin when It's at 550$ and selling It when It's at 670$. This Isn't risky because If Its value doesn't Increase, you'll just have to keep It until It gets higher enough, Is this trading?

I would really appreciate If people clarified more! Thankx

This is  indeed a  trading because   you do  buy bitcoins   on a particular  low price then  sell it  on a  high price.  You could  definitely say that thing that  theres no risk  when you do that  kind of   trading  which is considered as  long   trading  because  you would  just need  to wait   on a particular price point. The risk  involve on trading bitcoin  is  on  the  time  which  bitcoins price would  go  too  much  lower  on  your buy  price.

There is no way to eliminate risk even when using those strategies, for example what if it takes 10 years to reach your desired profit point, are you really going to wait that much time, and what about the devaluation the currencies of the world may suffer in the meantime, and that is just the tip of the iceberg concerning the risk of a long term strategy.

[CraigWrightBTC]

Hello folks!

I'm thinking about starting to trade with Bitcoin, but I see people saying that It's risky & almost like gambling.

I think that I mis-understand the meaning of trading.

For me trading Is for EXAMPLE, buying Bitcoin when It's at 550$ and selling It when It's at 670$. This Isn't risky because If Its value doesn't Increase, you'll just have to keep It until It gets higher enough, Is this trading?

I would really appreciate If people clarified more! Thankx

Yes you are right about trading buy while low price and sell while high price, but there are no people who give guarantee the price will going up after you have bought, yes you are right you can keep it until it gets higher enough, but it is mean you don't get any income and you must be ready waiting for long time that is why the people say trading is high risk activity. 

[bitbunnny]

Trading could be risky if you don't have much knowledge about it and no experience. The main rule is buy low and sell high but that is not always so easy.
Sometimes you can make wrong decision calculating when is the best moment to buy or sell and then you can lose the money.You have to watch the market and price all the time. Arbitrage trading could be especialy risky because you have to react very fast and sometimes you just don't have the time. More you invest, more you put at risk.

[wxa7115]

Trading could be risky if you don't have much knowledge about it and no experience. The main rule is buy low and sell high but that is not always so easy.
Sometimes you can make wrong decision calculating when is the best moment to buy or sell and then you can lose the money.You have to watch the market and price all the time. Arbitrage trading could be especialy risky because you have to react very fast and sometimes you just don't have the time. More you invest, more you put at risk.

Some of the arbitrage trades are being done by bots that can react a lot faster than any human very soon most of the arbitrage opportunities are not going to be there for human traders anymore.

[Omegasun]

Trading could be risky if you don't have much knowledge about it and no experience. The main rule is buy low and sell high but that is not always so easy.
Sometimes you can make wrong decision calculating when is the best moment to buy or sell and then you can lose the money.You have to watch the market and price all the time. Arbitrage trading could be especialy risky because you have to react very fast and sometimes you just don't have the time. More you invest, more you put at risk.

Some of the arbitrage trades are being done by bots that can react a lot faster than any human very soon most of the arbitrage opportunities are not going to be there for human traders anymore.

I think the majority of traders are usig now bot so that it can help save time and at the same , it is more convenient to buy/sell at the price that you want.

[PokerFace3]

I think the majority of traders are usig now bot so that it can help save time and at the same , it is more convenient to buy/sell at the price that you want.

You can not buy or sell bitcoins at your own preferred price levels by using trading bots because bots will do buy or sell by its own analysis and predictions based on its pre-programmed parameters.

That is the reason bots are not profitable for me in many occasions, they will buy/sell based on usual market fluctuations and I have concluded a sudden market raise or dump will get us trapped if we go trading with bots for all types of market fluctuations.

[wxa7115]

I think the majority of traders are usig now bot so that it can help save time and at the same , it is more convenient to buy/sell at the price that you want.

You can not buy or sell bitcoins at your own preferred price levels by using trading bots because bots will do buy or sell by its own analysis and predictions based on its pre-programmed parameters.

That is the reason bots are not profitable for me in many occasions, they will buy/sell based on usual market fluctuations and I have concluded a sudden market raise or dump will get us trapped if we go trading with bots for all types of market fluctuations.

Thanks for the heads up, I have always thought that bots, especially those for sell, cannot be that good because if they were what was going to stop you to keep all those great profits for yourself.

[BlackPanda]

Trading could be risky if you don't have much knowledge about it and no experience. The main rule is buy low and sell high but that is not always so easy.
Sometimes you can make wrong decision calculating when is the best moment to buy or sell and then you can lose the money.You have to watch the market and price all the time. Arbitrage trading could be especialy risky because you have to react very fast and sometimes you just don't have the time. More you invest, more you put at risk.

Some of the arbitrage trades are being done by bots that can react a lot faster than any human very soon most of the arbitrage opportunities are not going to be there for human traders anymore.

I think the majority of traders are usig now bot so that it can help save time and at the same , it is more convenient to buy/sell at the price that you want.

bot is very helpful to save our time. but to get the most I think the manual is the best way.
because we can freely determine any action that we will do. it makes us more rights in any outcome that we can.

[stomachgrowls]

Trading could be risky if you don't have much knowledge about it and no experience. The main rule is buy low and sell high but that is not always so easy.
Sometimes you can make wrong decision calculating when is the best moment to buy or sell and then you can lose the money.You have to watch the market and price all the time. Arbitrage trading could be especialy risky because you have to react very fast and sometimes you just don't have the time. More you invest, more you put at risk.

Some of the arbitrage trades are being done by bots that can react a lot faster than any human very soon most of the arbitrage opportunities are not going to be there for human traders anymore.

I think the majority of traders are usig now bot so that it can help save time and at the same , it is more convenient to buy/sell at the price that you want.

bot is very helpful to save our time. but to get the most I think the manual is the best way.
because we can freely determine any action that we will do. it makes us more rights in any outcome that we can.

Trading  bots  are  only good  to  use  if  you are already expert or experienced  on  trading  because   bots are  just for  automation  on  your trade  and if  youre a  newbie  you  cant  hardly understand  on how to use that  bot  so its  not really advisable.  Manual trading  is good  because you will learn  with every trades

[Caladonian]

Trading could be risky if you don't have much knowledge about it and no experience. The main rule is buy low and sell high but that is not always so easy.
Sometimes you can make wrong decision calculating when is the best moment to buy or sell and then you can lose the money.You have to watch the market and price all the time. Arbitrage trading could be especialy risky because you have to react very fast and sometimes you just don't have the time. More you invest, more you put at risk.

Some of the arbitrage trades are being done by bots that can react a lot faster than any human very soon most of the arbitrage opportunities are not going to be there for human traders anymore.

I think the majority of traders are usig now bot so that it can help save time and at the same , it is more convenient to buy/sell at the price that you want.

bot is very helpful to save our time. but to get the most I think the manual is the best way.
because we can freely determine any action that we will do. it makes us more rights in any outcome that we can.

Trading  bots  are  only good  to  use  if  you are already expert or experienced  on  trading  because   bots are  just for  automation  on  your trade  and if  youre a  newbie  you  cant  hardly understand  on how to use that  bot  so its  not really advisable.  Manual trading  is good  because you will learn  with every trades

that's completely true those who's using bot are the one's that really understand the market movements as they already expecting what particular ways the price will go, i think there are some expert who entrusted their trade to a bot but they still checking and changing it from time to time depending on how the market will move.

[markyminer]

It is only risky if you are not aware of the market or if you don't know how it works. If you hae all the knowlede to trade then you an do it without a risk. Anyway, all things involving money has a risk so youjust really gotta do what you want to do. There is no point in not risking if you want to move forward.

yes that is a fact that all kind of investing are risky but you can minimize your risk, if you have sound knowledge about in which you are going to invest your money or going to traded.

[buzefall]

no risk - no profit   

[icecube45]

You say has included trade. Indeed, it seems easy to buy when the price of $ 550 and sell when the price of $ 670, but very risky, fluctuations in bitcoin. We do not know whether bitcoin will rise or fall, and in bitcoin we do not know for sure if the fluctuation in the number of large or small. It took great comprehension to understand the bitcoin. Although risky but if the price rises correctly you will make a profit, it return on each person.