What Is Bitcoin Trading and Why It's risky?

[TheGodFather]

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.

It may be risky a little bit but worth it to wait. Risky in some part because if you invest on the wrong coin you must say goodbye to your money, it is to lose a money there if you dont know what trading is, be sure that you know what you are entering. If you know all the aspects then expect a very big of profit when you invest to the right coin.

[Intersan]

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

My strategy in trading bitcoin is very simple but risky. I wait the right time for buying and right time for selling and with this I can sure that I can get a profit. When time that  bitcoin decrease I buy a bitcoin then when ot increase I wait until the bitcoin offer a good and great value. It is risky because we need to monitor for the right time for trading with giving enough time. But experience is much better needs to success.

[dearbesz1219]

Every kind of trading is risky. Bitcoin has a very small market cap, so fluctuations are frequent. Bitcoin is often considered one of the most attractive currency for trading, due to high volatility. But there can be a risk of scams and fraud. So choose wisely.

I would only agreed on you that trading would only be risky if traders  don't have enough proper knowledge in doing trade. But if you know the process of doing in the trading platform, well I guess the world "RISK" I think has no space anymore. But the risk that they are talking about for what others said here, if your prediction is wrong, everything you had for sure will disappear at once in just a matter twinkle of an eye only.

[Xenophoto]

Every kind of trading is risky. Bitcoin has a very small market cap, so fluctuations are frequent. Bitcoin is often considered one of the most attractive currency for trading, due to high volatility. But there can be a risk of scams and fraud. So choose wisely.

I would only agreed on you that trading would only be risky if traders  don't have enough proper knowledge in doing trade. But if you know the process of doing in the trading platform, well I guess the world "RISK" I think has no space anymore. But the risk that they are talking about for what others said here, if your prediction is wrong, everything you had for sure will disappear at once in just a matter twinkle of an eye only.

Even experienced traders that have been in the game for years still risk their money. There's no such thing as no space for risk anymore because that would mean that you're sure with every single trading move that you make.

Actually, it's easy to know the whole process of trading. You can also know the strategies to earn profits. But the thing is, will the market go in accordance to what you wanted? It's all random if you ask me. There can be a huge dump coming up and no one knows about it except the dumper himself.

[Phyton76]

Every kind of trading is risky. Bitcoin has a very small market cap, so fluctuations are frequent. Bitcoin is often considered one of the most attractive currency for trading, due to high volatility. But there can be a risk of scams and fraud. So choose wisely.

I would only agreed on you that trading would only be risky if traders  don't have enough proper knowledge in doing trade. But if you know the process of doing in the trading platform, well I guess the world "RISK" I think has no space anymore. But the risk that they are talking about for what others said here, if your prediction is wrong, everything you had for sure will disappear at once in just a matter twinkle of an eye only.

Even experienced traders that have been in the game for years still risk their money. There's no such thing as no space for risk anymore because that would mean that you're sure with every single trading move that you make.

Actually, it's easy to know the whole process of trading. You can also know the strategies to earn profits. But the thing is, will the market go in accordance to what you wanted? It's all random if you ask me. There can be a huge dump coming up and no one knows about it except the dumper himself.

Knowing the whole process isn't easy for a newbie trader. It would take a lot of time for him to understand everything, specially when that certain person don't have known any professional or pro trader, that must be challenging yet can be studied easily.

[Humanxlemming]

I don't know if you will trade in bitcoin and it is risky, but suddenly i think its not risky if you know how to control your emoticon and patience. If you know that your in lose then don't sell it don't "Panic Sell". Pro recommend Buy Low | Sell High so wait until your happy now in your profit when will sell now

[Cactushrt]

I don't know if you will trade in bitcoin and it is risky, but suddenly i think its not risky if you know how to control your emoticon and patience. If you know that your in lose then don't sell it don't "Panic Sell". Pro recommend Buy Low | Sell High so wait until your happy now in your profit when will sell now

You can expect a risk in trading it doesn't mean that if you know how to handle your emotions you can skip the risk, no you can only minimize the risk involved in trading. Choosinh also a good coin makes less risk

[Monnt]

Bitcoin trading is not easy because of so much volatility of the price so in just a matter of seconds or minute there is a chance for you to earn or to loss some amounts.

That is right, and apart from that bitcoin trading requires a lot of skill and experience, and to do that you need to learn how the markets works so you can control how you earn your profit, whether you are for the long term or the short term, and they are different since the long term involves more risk, and also you need to experience it first before jumping into the real thing so you can limit your losses because people have a wrong idea about trading because they fail in it.

[HTracer]

Whenever I read "bitcoin trading" in this thread I take it as BTC/USDT orders. Like in OP example. Right?

[Fireblade]

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.

It may be risky a little bit but worth it to wait. Risky in some part because if you invest on the wrong coin you must say goodbye to your money, it is to lose a money there if you dont know what trading is, be sure that you know what you are entering. If you know all the aspects then expect a very big of profit when you invest to the right coin.

to me i think there is always risk in  trading and investment, if you have good experience in trading and investment then you can minimize the risk. it is also depending on your interest. if you are interested in trading then you can show good result in trading and if a person is interested in gambling then he can also make good profit in gambling also.

[Apened]

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.

It may be risky a little bit but worth it to wait. Risky in some part because if you invest on the wrong coin you must say goodbye to your money, it is to lose a money there if you dont know what trading is, be sure that you know what you are entering. If you know all the aspects then expect a very big of profit when you invest to the right coin.

to me i think there is always risk in  trading and investment, if you have good experience in trading and investment then you can minimize the risk. it is also depending on your interest. if you are interested in trading then you can show good result in trading and if a person is interested in gambling then he can also make good profit in gambling also.

It depends on our mindset and interest .That is true trading or other investments is risk when we invest there is always a chance ithat it may lose us or earn .the fact that the rich peoples often take risk as much as they can.

[PokerFace3]

I don't know if you will trade in bitcoin and it is risky, but suddenly i think its not risky if you know how to control your emoticon and patience. If you know that your in lose then don't sell it don't "Panic Sell". Pro recommend Buy Low | Sell High so wait until your happy now in your profit when will sell now

It is all good until you step in the altcoins market because altcoins have been totally rubbish ( 90% of them at least ) and hence it is implausible to predict the coin's growth in coming days.

I am not saying that it's not profitable but it has very very high risks and rather better is to use a bot like GUNBOT ( provided by gunthar ) which automatically does the work for you. But that too is risky guys, unless you choose solid coins like ether and dogecoins.

[Sled]

I don't know if you will trade in bitcoin and it is risky, but suddenly i think its not risky if you know how to control your emoticon and patience. If you know that your in lose then don't sell it don't "Panic Sell". Pro recommend Buy Low | Sell High so wait until your happy now in your profit when will sell now

It is all good until you step in the altcoins market because altcoins have been totally rubbish ( 90% of them at least ) and hence it is implausible to predict the coin's growth in coming days.

I am not saying that it's not profitable but it has very very high risks and rather better is to use a bot like GUNBOT ( provided by gunthar ) which automatically does the work for you. But that too is risky guys, unless you choose solid coins like ether and dogecoins.

Altcoin market trading is not that risky because almost of them are in a pump mode if you are keep looking at the coinmarketcap and you can see that even the price of bitcoin is high the altcoins are not letting that to beat them and they are also rising and soon i think altcoin and bitcoin market will be direct proportional and not inverse anymore.

[noormcs5]

All my coins is on orders now i have only some csh but dev is scammer .
Many times from thoose scammers is posible to have good resaults

[Supercrypt]

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.

It may be risky a little bit but worth it to wait. Risky in some part because if you invest on the wrong coin you must say goodbye to your money, it is to lose a money there if you dont know what trading is, be sure that you know what you are entering. If you know all the aspects then expect a very big of profit when you invest to the right coin.

Actually trading bitcoins for dollars is not risky rather requires enormous patience as sometimes right after you have invested the price of bitcoin's fall dramatically and you feel very anxious and feel like selling them for the current price accepting the loss.

That is where patience is needed because since years the price has increased then decreased and so on .. just need to make sure you don't shake with the shaky price changes.

[Sled]

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.

It may be risky a little bit but worth it to wait. Risky in some part because if you invest on the wrong coin you must say goodbye to your money, it is to lose a money there if you dont know what trading is, be sure that you know what you are entering. If you know all the aspects then expect a very big of profit when you invest to the right coin.

Actually trading bitcoins for dollars is not risky rather requires enormous patience as sometimes right after you have invested the price of bitcoin's fall dramatically and you feel very anxious and feel like selling them for the current price accepting the loss.

That is where patience is needed because since years the price has increased then decreased and so on .. just need to make sure you don't shake with the shaky price changes.

Yes patience is the key for bitcoin trading or even investing because it needs a lot of time before you can see great amount of profits, most of the times in bitcoin industry it goes up and down and sometimes it goes down very hard and that is a huge opportunity for other people like long term investor that those panic sellers that don't have patience will be the losers here. So it is very important to have a lot of patience in bitcoin trading or investing.

[Drnice]

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

As you said, buying for 550$ and selling for 670$, yes that is the good part of trading.

But do you think of the other part, asin the opposite of what you said, at this time buying with 550$ and there was a fall in the price of the coin you bought from 550$ to 100$ or less, and its not acting to showing if it will increase soon. Now that is the risk behind trading.

[anasis]

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

As you said, buying for 550$ and selling for 670$, yes that is the good part of trading.

But do you think of the other part, asin the opposite of what you said, at this time buying with 550$ and there was a fall in the price of the coin you bought from 550$ to 100$ or less, and its not acting to showing if it will increase soon. Now that is the risk behind trading.

In general, in my understanding, trading in securities, as well as real currency or a crypto currency, carries a certain risk. Even though the trader could have a strong enough knowledge and understanding of the market.

[Apened]

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

As you said, buying for 550$ and selling for 670$, yes that is the good part of trading.

But do you think of the other part, asin the opposite of what you said, at this time buying with 550$ and there was a fall in the price of the coin you bought from 550$ to 100$ or less, and its not acting to showing if it will increase soon. Now that is the risk behind trading.

In general, in my understanding, trading in securities, as well as real currency or a crypto currency, carries a certain risk. Even though the trader could have a strong enough knowledge and understanding of the market.

Yes ,ofcourse then if trading is not having a risk if you master the trade people will go to it no matter what . Thats why some quit and some are facing the risk to learn for them to earn it will give you more advantage to the newbies .it is by generation and time .

[mrjoy15]

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

As you said, buying for 550$ and selling for 670$, yes that is the good part of trading.

But do you think of the other part, asin the opposite of what you said, at this time buying with 550$ and there was a fall in the price of the coin you bought from 550$ to 100$ or less, and its not acting to showing if it will increase soon. Now that is the risk behind trading.

In general, in my understanding, trading in securities, as well as real currency or a crypto currency, carries a certain risk. Even though the trader could have a strong enough knowledge and understanding of the market.

That's pretty true. Even I also think that not only Bitcoin trading, but others you must be carrying a certain risk. As it's a long term process and you become profit at the end so trading with Bitcoin has its own advantages and risks.