What Is Bitcoin Trading and Why It's risky?

[crairezx20]

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

Actually it is not a work of risky way but it needed a long patience instead of sudden profit .
I am in trading from 4 month and my experience is saying always put your sell  order on definite amount on advance . Secondly your advance order for sell should or price 40% more than your buy price .

I guess all that can make an income on the internet has a risk level of each. Well, according to my experience, trading is one way to make money on the internet that have a fairly high degree of risk if you do not have knowledge about trading. before trading, you have to learn about it, even very many trading demo version made for beginners. you have to learn to play the trading prior to play it, because it would be risky if not done

Honestly it is not so high if we compare it in gambling because if you bought a altcoin you can be still sell it because it has still a value. that can recover your loses,. unlike in gambling that if you lose you can not recover anything..
If you are talking about the making money in the internet well we can say it is not so high because there is some marketing online also losing large amount of money..
Yeah studying trading it can help you to get less risk and to make a good profit..

[1714780131]

1714780131

[leeloo]

I guess all that can make an income on the internet has a risk level of each. Well, according to my experience, trading is one way to make money on the internet that have a fairly high degree of risk if you do not have knowledge about trading. before trading, you have to learn about it, even very many trading demo version made for beginners. you have to learn to play the trading prior to play it, because it would be risky if not done

It's complicated enough that you can play around for as long as you want and it will still be risky; there are just too many subtleties involved to pick up on all of them by yourself.

Let's follow Wall Street then, they can't be wrong, right?! Sharpe ratios, mean reversion, averaging down, fundamental analysis, all that crap. However, Wall Street has no incentive to make money on the long run, because they get rich in the short run (and then they blow up their customers' accounts, but who cares when they already got their bonuses?) So, let's not follow Wall Street... But who, then?

The problem I found was that most information out there are from clueless idiots such as myself. It took months to find a few sensible sources, and they are invariably people with institutional background (i.e. they actually did what they are talking about), who then de-institutionalized themselves and fared well on their own (i.e. they actually know what they are talking about.) They are the people to listen to, not the charlatan mentors who will sell you their crappy strategies full of Fibonaccis and wave theories and 6-month plans and other mindblowing idiocies.

[StarofBTC]

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

Actually it is not a work of risky way but it needed a long patience instead of sudden profit .
I am in trading from 4 month and my experience is saying always put your sell  order on definite amount on advance . Secondly your advance order for sell should or price 40% more than your buy price .

I guess all that can make an income on the internet has a risk level of each. Well, according to my experience, trading is one way to make money on the internet that have a fairly high degree of risk if you do not have knowledge about trading. before trading, you have to learn about it, even very many trading demo version made for beginners. you have to learn to play the trading prior to play it, because it would be risky if not done

I think not only internet but all king of trading are risky and so in case of bitcoin as most of the people are using bitcoin as investment and for trading purposes because in most of the area people do not have facilities to use it as currency to trading  bitcoin is as risky other kind of trading.

[hisuka]

Bitcoin will never be risky once you know how to trade an altcoins.
Before you trade or invest your money in trading, make sure to
seach some videos on how to trade in bitcoin. Its risky when you
dont know nothing in bitcoin trading.Atleast you know the first rule
is buy some cheap coins and sell at a higher price.

[BitcoinPC]

Bitcoin Trading, is mean altcoin trading which we can call crypto currencies trading, as everyone know about it, And if we are talking about Ricky, So definitely, bitcoin is depend on risk. As you said trading is risky like gambling, no doubt, because we don't know till the end how can we earn from it or not. Personally i believe every business and every field is depend on risk, so what matter if bitcoin is depend on risk? 

[wxa7115]

Bitcoin will never be risky once you know how to trade an altcoins.
Before you trade or invest your money in trading, make sure to
seach some videos on how to trade in bitcoin. Its risky when you
dont know nothing in bitcoin trading.Atleast you know the first rule
is buy some cheap coins and sell at a higher price.

Everything in the world has a risk associated with it, driving you car has risk even getting out of your house has risk, what we must do is to asses the risk and see if we are comfortable taking it, right now personally I'm very comfortable with the risk associated with bitcoin since the gains are very good.

[Dudeperfect]

Bitcoin will never be risky once you know how to trade an altcoins.
Before you trade or invest your money in trading, make sure to
seach some videos on how to trade in bitcoin. Its risky when you
dont know nothing in bitcoin trading.Atleast you know the first rule
is buy some cheap coins and sell at a higher price.

I partly agree with your statement but I also think that there is a risk even if you are an experienced trader. Experienced trader is one who knows what kind of risk is there and how to deal with it and on the other hand newbies try to follow charts and opinions of shoutbox and eventually end up with great loss. Market is going to move as per its flow and having experience or not doesn’t affect market but our own trading strategy and indirectly out profits and loss.

[Potato Chips]

Trading is when you buy a altcoin for a low price and sell it  when its price comes up so you will have to keep an eye on the market.

Risks? The most common risk is the altcoins short life span, If you search in google, you will see that most altcoins got dumped in just a short period of time.

The other one is failing to predict the price, example is when a certain altcoins price is getting lower and lower so you sell it all to avoid losing money more, Sometimes the coins price might increase again.

[X-ray]

Trading is when you buy a altcoin for a low price and sell it  when its price comes up so you will have to keep an eye on the market.

Risks? The most common risk is the altcoins short life span, If you search in google, you will see that most altcoins got dumped in just a short period of time.

The other one is failing to predict the price, example is when a certain altcoins price is getting lower and lower so you sell it all to avoid losing money more, Sometimes the coins price might increase again.

the price increase after being dumped very far only for popular coins such as ethereum and the rest. most likely to be dead and deleted from the market after there's none activities around . would prefer cut lose rather than really losing the whole of money on just an altcoin

[serjent05]

Trading is when you buy a altcoin for a low price and sell it  when its price comes up so you will have to keep an eye on the market.

Risks? The most common risk is the altcoins short life span, If you search in google, you will see that most altcoins got dumped in just a short period of time.

The other one is failing to predict the price, example is when a certain altcoins price is getting lower and lower so you sell it all to avoid losing money more, Sometimes the coins price might increase again.

the price increase after being dumped very far only for popular coins such as ethereum and the rest. most likely to be dead and deleted from the market after there's none activities around . would prefer cut lose rather than really losing the whole of money on just an altcoin

But sometimes due to the domino effect, after the dump, it will stay a bit then it will continue to decline in price.  Just what happened  in the first month of 2014, after the bitcoin bubble of 2013 burst.  It was dumped and due to the negative impact made by that dumped, Bitcoin price continue to fall down to sub 200 USD then eventually recover upto what it is right now.

[harizen]

Trading is when you buy a altcoin for a low price and sell it  when its price comes up so you will have to keep an eye on the market.

Risks? The most common risk is the altcoins short life span, If you search in google, you will see that most altcoins got dumped in just a short period of time.

The other one is failing to predict the price, example is when a certain altcoins price is getting lower and lower so you sell it all to avoid losing money more, Sometimes the coins price might increase again.

the price increase after being dumped very far only for popular coins such as ethereum and the rest. most likely to be dead and deleted from the market after there's none activities around . would prefer cut lose rather than really losing the whole of money on just an altcoin

But sometimes due to the domino effect, after the dump, it will stay a bit then it will continue to decline in price.  Just what happened  in the first month of 2014, after the bitcoin bubble of 2013 burst.  It was dumped and due to the negative impact made by that dumped, Bitcoin price continue to fall down to sub 200 USD then eventually recover upto what it is right now.

Past performance can't guarantee future results. Also, the quoted past above is pointing to altcoin trading where we all know that price behaviour is very much different compare by doing bitcoin trades.

Always expect a massive dump after a bubble and it's always happened many times especially in bitcoin price. People minimize the possible loss or to secure profits that's why they are taking the ride everytime there is a bearish activity rather than just watched the price without doing nothing.

Making a wise decision is much better than targeting the exact thing to be executed. If people succeeds in predicting the price after making a good trading decision then they just made a wise decision.

[Mark02]

Trading is when you buy a altcoin for a low price and sell it  when its price comes up so you will have to keep an eye on the market.

Risks? The most common risk is the altcoins short life span, If you search in google, you will see that most altcoins got dumped in just a short period of time.

The other one is failing to predict the price, example is when a certain altcoins price is getting lower and lower so you sell it all to avoid losing money more, Sometimes the coins price might increase again.

the price increase after being dumped very far only for popular coins such as ethereum and the rest. most likely to be dead and deleted from the market after there's none activities around . would prefer cut lose rather than really losing the whole of money on just an altcoin

But sometimes due to the domino effect, after the dump, it will stay a bit then it will continue to decline in price.  Just what happened  in the first month of 2014, after the bitcoin bubble of 2013 burst.  It was dumped and due to the negative impact made by that dumped, Bitcoin price continue to fall down to sub 200 USD then eventually recover upto what it is right now.

Past performance can't guarantee future results. Also, the quoted past above is pointing to altcoin trading where we all know that price behaviour is very much different compare by doing bitcoin trades.

Always expect a massive dump after a bubble and it's always happened many times especially in bitcoin price. People minimize the possible loss or to secure profits that's why they are taking the ride everytime there is a bearish activity rather than just watched the price without doing nothing.

Making a wise decision is much better than targeting the exact thing to be executed. If people succeeds in predicting the price after making a good trading decision then they just made a wise decision.

Yeah. Sometimes going with the flow will higher the possibility of loosing money if you do not know what you are doing. Some are just trolling others or the newbie trader to be exact and they are fooling them making it look like many are buying the coin. So the thing is newbie traders are going with the flow thinking the price will continue to go upwards but as they get the price they want. Soon, they will dump the coin causing a negative trade to those who bought at high price.

[senyorito123]

Trading is when you buy a altcoin for a low price and sell it  when its price comes up so you will have to keep an eye on the market.

Risks? The most common risk is the altcoins short life span, If you search in google, you will see that most altcoins got dumped in just a short period of time.

The other one is failing to predict the price, example is when a certain altcoins price is getting lower and lower so you sell it all to avoid losing money more, Sometimes the coins price might increase again.

the price increase after being dumped very far only for popular coins such as ethereum and the rest. most likely to be dead and deleted from the market after there's none activities around . would prefer cut lose rather than really losing the whole of money on just an altcoin

But sometimes due to the domino effect, after the dump, it will stay a bit then it will continue to decline in price.  Just what happened  in the first month of 2014, after the bitcoin bubble of 2013 burst.  It was dumped and due to the negative impact made by that dumped, Bitcoin price continue to fall down to sub 200 USD then eventually recover upto what it is right now.

I think its normal happening since people for that moment are afraid to lose  some of their money,.and the adoption fot that time is not enough to regain back the price where it falls down, but come and look for the price for now people who bought for that moment are surely be rich by now since the stretch is continuosly growing and might the past 10000$  well be achievable again for this year or maybe in next.


Surely 200$ dip is so far to be seen for this time.

[Zadicar]

Trading is when you buy a altcoin for a low price and sell it  when its price comes up so you will have to keep an eye on the market.

Risks? The most common risk is the altcoins short life span, If you search in google, you will see that most altcoins got dumped in just a short period of time.

The other one is failing to predict the price, example is when a certain altcoins price is getting lower and lower so you sell it all to avoid losing money more, Sometimes the coins price might increase again.

the price increase after being dumped very far only for popular coins such as ethereum and the rest. most likely to be dead and deleted from the market after there's none activities around . would prefer cut lose rather than really losing the whole of money on just an altcoin

But sometimes due to the domino effect, after the dump, it will stay a bit then it will continue to decline in price.  Just what happened  in the first month of 2014, after the bitcoin bubble of 2013 burst.  It was dumped and due to the negative impact made by that dumped, Bitcoin price continue to fall down to sub 200 USD then eventually recover upto what it is right now.

I think its normal happening since people for that moment are afraid to lose  some of their money,.and the adoption fot that time is not enough to regain back the price where it falls down, but come and look for the price for now people who bought for that moment are surely be rich by now since the stretch is continuosly growing and might the past 10000$  well be achievable again for this year or maybe in next.


Surely 200$ dip is so far to be seen for this time.

-200$ dip  as of todays current state price is not possible to see on this year even on the next year because it has a good support and sudden dip of price its not possible   if we are talking on normal price movements but if theres another bad circumtances or news then it might happen but im hoping iwe will not experience that. Bitcoin trading is really risky because of volatile price.

[ivanst776]

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

Not only bitcoin but mostly everything that you trade online is very risky because it's something digital and you can't control it 100% from hackers or from any other factor.

Trading bitcoin is risky because of being new in trading (not have enough knowledge) or being new in managing the money, and bitcoin wallets.

[kidoseagle0312]

I think it will not be risky if you are intelligent and will have full knowledge about trade,

if you want to know about trade, then I will say that trade is simple buying with lower price and selling them at higher price. and for remaining details you can see the detailed tutorials available in various articles available on google.

Agreed! our generation nowadays is very high tech actually, In fact everything we want to know is too easy to find out or you have to ask Mr. google about the thing you wanna know. And in bitcoin world is a kind of industry were the community are willing to lost their money whether investing in trading, ICO, or cloudmining. Then if you really wanna know about in trading just proceed in the trading discussion like here.

[Babayega31]

I think it will not be risky if you are intelligent and will have full knowledge about trade,

if you want to know about trade, then I will say that trade is simple buying with lower price and selling them at higher price. and for remaining details you can see the detailed tutorials available in various articles available on google.

Agreed! our generation nowadays is very high tech actually, In fact everything we want to know is too easy to find out or you have to ask Mr. google about the thing you wanna know. And in bitcoin world is a kind of industry were the community are willing to lost their money whether investing in trading, ICO, or cloudmining. Then if you really wanna know about in trading just proceed in the trading discussion like here.

I confirm that this generation is in high levels of technology and trading bitcoin is another way out of traditional way which is the paper money of you currency which you country has. Bitcoin trading is in a form of crypto currencies which is the altcoins that you use in trading your bitcoin which involves risk specially its price will trending up and down is very unpredictable and you need to do analysis before deciding to buy or sell it, thats how risky bitcoin trading is. Much more risk if you had invested it to a scam trading site and toke all you've invested btc, so before taking risk seek advice from expert mentors who can guide you most of the time of doubts.

[leeloo]

Bitcoin trading is really risky because of volatile price.

Not this again. Volatility DOES NOT equal risk. It's like saying "high temperatures are bad"; well, try to cook a meal in cold water...

[senyorito123]

I think it will not be risky if you are intelligent and will have full knowledge about trade,

if you want to know about trade, then I will say that trade is simple buying with lower price and selling them at higher price. and for remaining details you can see the detailed tutorials available in various articles available on google.

Agreed! our generation nowadays is very high tech actually, In fact everything we want to know is too easy to find out or you have to ask Mr. google about the thing you wanna know. And in bitcoin world is a kind of industry were the community are willing to lost their money whether investing in trading, ICO, or cloudmining. Then if you really wanna know about in trading just proceed in the trading discussion like here.

I confirm that this generation is in high levels of technology and trading bitcoin is another way out of traditional way which is the paper money of you currency which you country has. Bitcoin trading is in a form of crypto currencies which is the altcoins that you use in trading your bitcoin which involves risk specially its price will trending up and down is very unpredictable and you need to do analysis before deciding to buy or sell it, thats how risky bitcoin trading is. Much more risk if you had invested it to a scam trading site and toke all you've invested btc, so before taking risk seek advice from expert mentors who can guide you most of the time of doubts.

yeah you can lower the risk by doing that aswell as you can more money or to familiarize all sides in tradings if you have a guy who's willing to teach you on how to trade correctly and what are the things we need to avoid to minimize such bad lose and maximize our profits in tradings, although its still have risk but for the fact that your doing some right decision in your trades well you can still earn profit, and mostly i do tradings on big name in trades and that must all people brought up and think big sites to trade on so they will not be scammed by what you so called scam trading sites.

[Chris!]

Bitcoin trading is really risky because of volatile price.

Not this again. Volatility DOES NOT equal risk. It's like saying "high temperatures are bad"; well, try to cook a meal in cold water...

Literally every single piece of financial literature on the planet contradicts your statement. Why? Maybe because of the very definition of Volatility which is:

"Volatility is a statistical measure of the dispersion of returns for a given security or market index. Volatility can either be measured by using the standard deviation or variance between returns from that same security or market index. Commonly, the higher the volatility, the riskier the security."
http://www.investopedia.com/terms/v/volatility.asp

In other words bitcoin going up and down 10% is somewhat volatile whereas bitcoin rising 1300% in 2013-2014 is very volatile. Trading altcoins in very very volatile. Make sense?