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Author Topic: Is it still worth it to trade?  (Read 18147 times)
warwar
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February 05, 2017, 08:40:20 AM
 #61

I wonder if someone still should get into trading Bitcoin at this point? There was a time with incredible aggresive swings so that daytrading was interesting, but now the movements appear but much slower. Is it still worth it to trade?

Bitcoin trading has always worth it but in recent time the price has been fairly stable which makes day trading difficult but at the same time, Alts have proven to be a very potent alternative the issue there is knowing the right coin to buy in other not to make some mistake. I believe you already know that based on the way the question is being structured.
Not only about the volatile price that recently not there.
But also the current price quite high per 1 bitcoin , makes people a little bit doubt to invest huge amount.
When the price around $300 there a lot of people around me holding bitcoin more than 10 bitcoin and trade daily , but now ..... less than that. Not as worth as when in low price i guess.
Yeah the high price of the bitcoin has been always a huge problem when it comes to bringing new investors because they are always afraid of putting huge amount of money into it considering it does not have a stable price or a stable growth rate, and it involves a lot of courage to get into it but no risk no earn.

i do agree some of invest wont buy bitcoin or invest bitcoin because of its price it pumps and dumps and lately lot of user panics because of the dump of bitcoin and those who is not really experience user of bitcoins and they sell it. Well going back to the topic. those really skills investor they would really buy bitcoin
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February 05, 2017, 12:10:55 PM
 #62

I would say yes as one can still make money in bitcoin trading (irrespective of slower movements) because there are many exchanges out there which provide leverage facility so using that facility one can earn good amounts of profits even in small moments but to be honest a lot risk is involved in such trades and I have lost 100% capital because of not putting stop loss.
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February 05, 2017, 12:21:46 PM
 #63

I would say yes as one can still make money in bitcoin trading (irrespective of slower movements) because there are many exchanges out there which provide leverage facility so using that facility one can earn good amounts of profits even in small moments but to be honest a lot risk is involved in such trades and I have lost 100% capital because of not putting stop loss.
Its still profitable as you can seen the price movement is increasing even the movement is slow the price is jumping high that actually it can gives you good profit.. also that is why the price of bitcoin is increasing because of traders more traders are buying and more price increase..
This is not the same as gambling that high risk like you said its less risky than gambling..
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February 05, 2017, 01:00:25 PM
 #64

yes it is still worth it but to get more profit we have to concern for altcoin too not only bitcoin because sometimes bitcoin price movement was very slow and hard to get profit from it but altcoins trading also not really bad because if you found the exact altcoins which have potential to grow with very fast the profit will very good and it works for me all this time

I fully agree with you, it also work for me. You just need to find potential coin, for now to get more bitcoin i trade altcoin in poloniex. I trade pascal, monero and dash, you dont need to believe me about this potential coin you need to research by your own way.
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February 05, 2017, 02:17:07 PM
 #65

I would say yes as one can still make money in bitcoin trading (irrespective of slower movements) because there are many exchanges out there which provide leverage facility so using that facility one can earn good amounts of profits even in small moments but to be honest a lot risk is involved in such trades and I have lost 100% capital because of not putting stop loss.
Its still profitable as you can seen the price movement is increasing even the movement is slow the price is jumping high that actually it can gives you good profit.. also that is why the price of bitcoin is increasing because of traders more traders are buying and more price increase..
This is not the same as gambling that high risk like you said its less risky than gambling..
yes that is a fact and no doubt about this that trading bitcoin is still profitable. the price of bitcoin is still reasonable. although we always observe ups and down in the price of bitcoin, but i think here we get chance of getting profit, when we purchase bitcoin at low price and then sell it at high. but currently there is more chance that the price of bitcoin will increase much more therefore i can recommend that still it is good time to buy bitcoin.
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February 05, 2017, 02:50:34 PM
 #66

I would say yes as one can still make money in bitcoin trading (irrespective of slower movements) because there are many exchanges out there which provide leverage facility so using that facility one can earn good amounts of profits even in small moments but to be honest a lot risk is involved in such trades and I have lost 100% capital because of not putting stop loss.
Its still profitable as you can seen the price movement is increasing even the movement is slow the price is jumping high that actually it can gives you good profit.. also that is why the price of bitcoin is increasing because of traders more traders are buying and more price increase..
This is not the same as gambling that high risk like you said its less risky than gambling..
yes that is a fact and no doubt about this that trading bitcoin is still profitable. the price of bitcoin is still reasonable. although we always observe ups and down in the price of bitcoin, but i think here we get chance of getting profit, when we purchase bitcoin at low price and then sell it at high. but currently there is more chance that the price of bitcoin will increase much more therefore i can recommend that still it is good time to buy bitcoin.

Me too . that we all can earn profits through this kind of strategy, but we all must know what will be the cause and effect of it. We should determine whether or when we will be using our bitcoins, and all other altcoins. We must know when will we can convert it. We can just say but we must think on what we will be going to.

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February 05, 2017, 03:16:18 PM
 #67

Base on my personal expeirence I will say to you to please try trafing and experiece the beauty of it ! you dont have to start on large amount of bitcoins a little will do so you can familiarize the market ! You just have to e smart , study hard and have a lot of patience and I am pretty sure you will get the profit you want in trading
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February 05, 2017, 03:19:39 PM
 #68

Its still worth to trade but then you have to look at the situation.  Price had been stable so far for days, that is something to be wary though. It could either drop all of a sudden that you'd have no time to turn it into USD or it will quickly burst up. Its going to astonish you still whatever happens. As of this moment anything could happen and risk is higher, if it turns out to be the later. Those who bought at the start of the bubble is right in time still.


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February 05, 2017, 03:19:52 PM
 #69

Base on my personal expeirence I will say to you to please try trafing and experiece the beauty of it ! you dont have to start on large amount of bitcoins a little will do so you can familiarize the market ! You just have to e smart , study hard and have a lot of patience and I am pretty sure you will get the profit you want in trading

And trading is a method that can give any person a profit for a long term.

Just keep in mind that bitcoin trading principle is different from altcoin trading even both are experiencing a highly volatile price. If those persons that is eyeing to be a great trader someday, they will surely encountered the exact answer why bitcoin and altcoin are different. Also just don't read trading basics, make a time to test it by themselves and seen in actual how trading really works. Bitcoin trading will be worth a lifetime while in other alts, there are only selected.
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February 05, 2017, 03:42:51 PM
 #70

Many times I failed in trading when I humbly starting in the crypto currency world but over time when I succesfullt observed how the market goes I can say to you that it is worth the risk ! As of now with proper training and studying I do profit a good amount of bitcoins ever week ! I cant achieve it If i dont started so I am encouraging you to start now and see the beauty of trading
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February 05, 2017, 03:59:04 PM
Last edit: February 05, 2017, 04:14:49 PM by hurain
 #71

I would say yes as one can still make money in bitcoin trading (irrespective of slower movements) because there are many exchanges out there which provide leverage facility so using that facility one can earn good amounts of profits even in small moments but to be honest a lot risk is involved in such trades and I have lost 100% capital because of not putting stop loss.
Its still profitable as you can seen the price movement is increasing even the movement is slow the price is jumping high that actually it can gives you good profit.. also that is why the price of bitcoin is increasing because of traders more traders are buying and more price increase..
This is not the same as gambling that high risk like you said its less risky than gambling..
yes i also think that still it is good time to invest your money in bitcoin and get some profit. because the price of bitcoin is still increasing continuously, ant it is expected that this time bitcoin can cross 1200 $ in the current moth. and after that it will even continue increasing the  price of bitcoin. therefore it is still good time to invest in bitcoin.
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February 05, 2017, 04:13:12 PM
 #72

As of now with proper training and studying I do profit a good amount of bitcoins ever week !
Yes, we need to perform only "proper trading" otherwise staying away from trading would be the right choice. Anything in this world needs some exact approach, if we are unable to give that, just quit it.

I cant achieve it If i dont started so I am encouraging you to start now and see the beauty of trading
Beauty of trading is just depending on our profit making capability. If we sharpen it, we can keep on enjoying. Yes, we need to update our knowledge and strategies along with our experience.
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February 05, 2017, 04:49:35 PM
 #73

I would say yes as one can still make money in bitcoin trading (irrespective of slower movements) because there are many exchanges out there which provide leverage facility so using that facility one can earn good amounts of profits even in small moments but to be honest a lot risk is involved in such trades and I have lost 100% capital because of not putting stop loss.

Not putting a threshold in which your money would flow down the drain is actually an intelligent idea! Just kidding. Well if you're gonna trade, first and foremost you should already keep in mind that a HIGH possibility of you losing money is along the lines, that's why you need to prevent it by putting stop-losses or thresholds. It is still profitable to trade but most profits nowadays come from btc-alts trading.

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February 05, 2017, 05:27:17 PM
 #74

As of now with proper training and studying I do profit a good amount of bitcoins ever week !
Yes, we need to perform only "proper trading" otherwise staying away from trading would be the right choice. Anything in this world needs some exact approach, if we are unable to give that, just quit it.
The worth of trading comes into existence only when we are giving our 100% efforts. When we are missing out something in our efforts, we can not expect comply worthiness. Bitcoin trading will support anyone to earn a living but we need to be fully prepared for a proper trading.

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February 06, 2017, 12:12:33 AM
 #75

Its still worth to trade but then you have to look at the situation.  Price had been stable so far for days, that is something to be wary though. It could either drop all of a sudden that you'd have no time to turn it into USD or it will quickly burst up. Its going to astonish you still whatever happens. As of this moment anything could happen and risk is higher, if it turns out to be the later. Those who bought at the start of the bubble is right in time still.


to me if you are talking about alt coin trading then its really worth to trade, because you can find good potential alt coin for trading and there is no time frame for trading alt coins. one can trade alt coin any time.

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February 06, 2017, 12:57:51 AM
 #76

Yes, trading is worthy. Especially if you have a skill on that. You know if you are into trading you do not mind if it is slower movement because trading is worth a wait so you can  earn a lot, and make profit on that, in trading timing is much needed, it totally goes up and down all you  need is to wait for it. It is actually worthy if you are going to make life of that trading. But you can trade anytime in your own will and totally own risks and since the value of bitcoin is increasing so trading is totally worthy.
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February 06, 2017, 02:57:45 AM
 #77

Base on my personal expeirence I will say to you to please try trafing and experiece the beauty of it ! you dont have to start on large amount of bitcoins a little will do so you can familiarize the market ! You just have to e smart , study hard and have a lot of patience and I am pretty sure you will get the profit you want in trading

The beauty of it? Ok what is "beautiful" about? The profit? The art of trading? Your love for it? But before you answer us please post your trading performance. Results matter in trading. It is very easy to come here in the forum and say "I love trading, I am a winner" like you were a super trading genius or something.


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February 06, 2017, 03:51:06 AM
 #78

I would say yes as one can still make money in bitcoin trading (irrespective of slower movements) because there are many exchanges out there which provide leverage facility so using that facility one can earn good amounts of profits even in small moments but to be honest a lot risk is involved in such trades and I have lost 100% capital because of not putting stop loss.

Not putting a threshold in which your money would flow down the drain is actually an intelligent idea! Just kidding. Well if you're gonna trade, first and foremost you should already keep in mind that a HIGH possibility of you losing money is along the lines, that's why you need to prevent it by putting stop-losses or thresholds. It is still profitable to trade but most profits nowadays come from btc-alts trading.

Yeah, that's what I learned from amateur trading. I used maximum leverage in forex trade and thus suffered great loss even in small movement on the price chart and since then I always put stop loss and target price in every trade. I feel forex comfortable than alt coin trades.
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February 06, 2017, 03:52:53 AM
Last edit: February 08, 2017, 08:12:13 PM by t3ChNo
 #79

Yes it's still worth to trade. I prefer trading Bitcoin with altcoin or just buy Bitcoin and keep it until the price is right that I can make profit in selling.
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February 06, 2017, 09:13:23 AM
 #80

Its only Depend on your work if you work with honest it worth for you. also before trade you need knowledge about it that how trade work how can we buy low and sell it at high price. everything is possible and worth all you want "HONEST"
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