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Author Topic: Is it still worth it to trade?  (Read 18147 times)
Superzpay
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February 06, 2017, 11:32:49 AM
 #81

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.
Yes that is a great strategy to earn profit with bitcoin trading. along with ups and downs in the price the price is also in the forward direction so if a person do not find any time to buy and sell then they just need to buy at this time and need to wait for longer holding that bitcoins in hs wallet and after a few months the price will increase more higher and he will earn a bigger profit.
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February 06, 2017, 11:37:14 AM
 #82

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
If the individual is starting now, he/she certainly needs to know that while there is all this potential you have talked about, there is also a high degree of risk, and considering the fact that the volatility in that market is higher than in markets like the Forex market, the level of study required will certainly be greater.
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February 06, 2017, 06:50:41 PM
 #83

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
If the individual is starting now, he/she certainly needs to know that while there is all this potential you have talked about, there is also a high degree of risk, and considering the fact that the volatility in that market is higher than in markets like the Forex market, the level of study required will certainly be greater.
Yes, the worthiness of our trading is highly dependent on how we are performing for profit making in trading. There would be no meaning in trying trading without enough knowledge for profit making, when we are trading without knowledge it will lead to only losses. Then the efforts will get no worth out of it.
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February 06, 2017, 09:19:40 PM
 #84

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
If the individual is starting now, he/she certainly needs to know that while there is all this potential you have talked about, there is also a high degree of risk, and considering the fact that the volatility in that market is higher than in markets like the Forex market, the level of study required will certainly be greater.
No doubt that there is high degree risk involve in investing money in bitcoin specially in present time when the price of bitcoin is really trading above 1000 USD level. but  i think long term investment is less risky as compare to long term investment.
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February 06, 2017, 09:42:22 PM
 #85

The swings are still there so trading could still work out in your favor, though if you really believe in bitcoin and all that jazz you could just buy bitcoin and hope it will go up like many members of this forum go ahead and do.

If you'd like to be a day trader I think bitcoin and its volatility are still ripe for it and you could still swing some money out of bitcoin per day, at the expense of it being accepted everywhere as the volatility is what kills bitcoin.




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February 07, 2017, 01:58:37 AM
 #86

The swings are still there so trading could still work out in your favor, though if you really believe in bitcoin and all that jazz you could just buy bitcoin and hope it will go up like many members of this forum go ahead and do.

If you'd like to be a day trader I think bitcoin and its volatility are still ripe for it and you could still swing some money out of bitcoin per day, at the expense of it being accepted everywhere as the volatility is what kills bitcoin.
This is the right time to trade, when bitcoins moves, altcoins will be affected as well and they follow either on the same way or the opposite way. As a trader, you do not have to limit your trading with bitcoin, you have to widen your scope so you can see every opportunity to make an easy profit. Day trading is advisable in crypto if you want to maximize your profit.

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February 07, 2017, 02:13:10 AM
 #87

Yes it's still worth to trade. You can trade bitcoin with altcoin or just buy bitcoin and keep it until the price goes up. Both you can earn profit.

It will be always worth to trade because the market is still tough and a lot of coins that are coming but that doesn't mean that you are going to invest to them. Just invest to those coins that are standing still and tough in the market. It also depends if you are a day trader, if you are that type results are on a daily basis.

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February 07, 2017, 03:25:04 AM
 #88

Yes it's still worth to trade. You can trade bitcoin with altcoin or just buy bitcoin and keep it until the price goes up. Both you can earn profit.

Why are you saying that? Are you a winner in trading? Can you prove that you are a winner by please showing us your trades? We would appreciate your advice and tell us what altcoins are profitable so we too can trade them.

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February 07, 2017, 08:24:12 AM
 #89

Yes it's still worth to trade. You can trade bitcoin with altcoin or just buy bitcoin and keep it until the price goes up. Both you can earn profit.

It will be always worth to trade because the market is still tough and a lot of coins that are coming but that doesn't mean that you are going to invest to them. Just invest to those coins that are standing still and tough in the market. It also depends if you are a day trader, if you are that type results are on a daily basis.
Trading on altcoin could able to give you decent profits compared to bitcoin in terms of short tradings but we should really be careful on choosing coins on the market since there are lots of coins out there which do pump once and dump hard which would really lose out your money and on bitcoin its really worth to trade specially on both short and longer ones depends on your amounts to spend to trade.

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February 07, 2017, 08:28:11 AM
 #90

of course it is still well worth. if you do a trade and see that its activity decreases, does not mean we should stop. it may just not yet. Well, in some time, it must go back to normal. Well, I think it is often the case.
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February 07, 2017, 08:35:52 AM
 #91

of course it is still well worth. if you do a trade and see that its activity decreases, does not mean we should stop. it may just not yet. Well, in some time, it must go back to normal. Well, I think it is often the case.
But I believe we never worry about the fluctuations and activity of traders will get diminished in any near future as more number of new traders and investors are coming into bitcoin system now a days.

Some traders are worrying about the huge price levels of bitcoin right now is having, but one of the phenomenon of traders must be any price would be the right price to enter into market, because market will be having unlimited growth to fetch you the required profits for you. It is highly true with bitcoin trading too.

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February 07, 2017, 09:05:51 AM
 #92

Yes it's still worth to trade. You can trade bitcoin with altcoin or just buy bitcoin and keep it until the price goes up. Both you can earn profit.

Why are you saying that? Are you a winner in trading? Can you prove that you are a winner by please showing us your trades? We would appreciate your advice and tell us what altcoins are profitable so we too can trade them.

Sounds good to me, At least if you share it to us it will be much appreciated for a trader like us to do the procedures of proper trading. Actually, that's so easy to say but hard to apply once your there in the trading platform. Because if trading is for real there will be no analysis and prediction to be happen. but the truth was trading is not that easy as other's says. this is only just pop up in mind.
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February 07, 2017, 12:26:44 PM
 #93

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?
For me no. Because the price on bitcoin is still increasing so It is worth to wait for now and watch the growth of bitcoin than trading so, I would like to suggest that just wait for now because the price is not stable so it is risky to trade for now but you can earn a little bit large of money by waiting because the price of bitcoin is still pumping and pumping. For me the trade for now is quietly not the season but for halving of bitcoin is season for now so just wait until the price will get stable.
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February 07, 2017, 12:56:17 PM
 #94

For me no. Because the price on bitcoin is still increasing so It is worth to wait for now and watch the growth of bitcoin than trading so, I would like to suggest that just wait for now because the price is not stable so it is risky to trade for now but you can earn a little bit large of money by waiting because the price of bitcoin is still pumping and pumping. For me the trade for now is quietly not the season but for halving of bitcoin is season for now so just wait until the price will get stable.

Volatility is exactly what traders are looking for, so it doesn't make any sense that they wait till the price stabilizes again. Risk is always involved when it comes to Bitcoin, so that doesn't change much in this regard. Traders with enough experience know exactly how to handle the market, where they are able to catch up accidental losses without much problems with the profits they made before that. It's called collateral damage, because no matter how skilled/experienced you are as trader, it's impossible to only make profitable trades.
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February 07, 2017, 02:27:11 PM
 #95

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?
There are still someone who can manage to get profit in every short term of period in trading yes some of them are too greedy on wealth but sometimes they loosing coins too not everyone winning on trading trading is still profitable where you can make profit in short term but you need to analyze things before involve into this one you need to spend time to time in trading and you need a group to know what coins will be going up or down.
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February 07, 2017, 05:29:56 PM
 #96

many of the success earner here they do trade in the trading platform. Probably, they start learning  easily because they became open minded about in trading. so doing trade is worth living for in this industry.
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February 07, 2017, 06:28:23 PM
 #97

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?
For me no. Because the price on bitcoin is still increasing so It is worth to wait for now and watch the growth of bitcoin than trading so, I would like to suggest that just wait for now because the price is not stable so it is risky to trade for now but you can earn a little bit large of money by waiting because the price of bitcoin is still pumping and pumping. For me the trade for now is quietly not the season but for halving of bitcoin is season for now so just wait until the price will get stable.
For now we are seeing the price is table and high... but it doesnt mean that you can not make profit with it watch the bitcoinwisdome many people are still trading and they are giving their own margin.. to make a good profit.. if you are small trader its not worth it..



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February 08, 2017, 01:20:22 AM
 #98

Yes it's still worth to trade. You can trade bitcoin with altcoin or just buy bitcoin and keep it until the price goes up. Both you can earn profit.

It will be always worth to trade because the market is still tough and a lot of coins that are coming but that doesn't mean that you are going to invest to them. Just invest to those coins that are standing still and tough in the market. It also depends if you are a day trader, if you are that type results are on a daily basis.
Trading on altcoin could able to give you decent profits compared to bitcoin in terms of short tradings but we should really be careful on choosing coins on the market since there are lots of coins out there which do pump once and dump hard which would really lose out your money and on bitcoin its really worth to trade specially on both short and longer ones depends on your amounts to spend to trade.

It depends on how you are going to trade and with your strategy. Not all the time you can have the same results of being productive with decent profits. Short trading is good and most of us are doing that but there are some alt coins that are really good for long term trades and that's what I do with my bitcoins.

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February 08, 2017, 04:02:09 AM
 #99

Yes it's still worth to trade. You can trade bitcoin with altcoin or just buy bitcoin and keep it until the price goes up. Both you can earn profit.

It will be always worth to trade because the market is still tough and a lot of coins that are coming but that doesn't mean that you are going to invest to them. Just invest to those coins that are standing still and tough in the market. It also depends if you are a day trader, if you are that type results are on a daily basis.
Trading on altcoin could able to give you decent profits compared to bitcoin in terms of short tradings but we should really be careful on choosing coins on the market since there are lots of coins out there which do pump once and dump hard which would really lose out your money and on bitcoin its really worth to trade specially on both short and longer ones depends on your amounts to spend to trade.

Can you please advice us on what altcoins are good to trade that are not pump and dumps? How much Bitcoins have you made in trading the altcoin market if you do not mind me asking. I have been asking all the, what seemed to be expert traders in this thread the same question but no one likes to give an answer. Maybe they are to modest to tell us their winnings. All they do is encourage everyone to trade altcoins because it is "profitable".

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February 08, 2017, 08:23:03 AM
 #100

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?
There are still someone who can manage to get profit in every short term of period in trading yes some of them are too greedy on wealth but sometimes they loosing coins too not everyone winning on trading trading is still profitable where you can make profit in short term but you need to analyze things before involve into this one you need to spend time to time in trading and you need a group to know what coins will be going up or down.
Yes, people who are experienced still can make profit out of trading, and they do make a lot because some of them invest a lot, but as for the new users it is hard to say that it is profitable even if they do earn sometimes they lose it because they don’t have the experience and more importantly ignoring to learn like many others.
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