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Author Topic: It’s very easy to trade Bitcoin  (Read 25986 times)
nreal
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January 06, 2020, 04:04:57 PM
 #381

Hi all,

The Blockchain is the world's leading trading system. It’s a global online database, no need to download, no need to copy and sending anywhere. It can use at any computer in the world with an internet connection.

The Blockchain trading system can trade any instrument, any market and at any platform. It’s a low drawdown and steady profit trading system.

I have 1 closed trade + $954 and 2 open trades now without any risk but +2.7k (2.7%) floating profit.

I am waiting for adding more trade now if it doesn’t hit SL.

Am I lucky or it’s very easy to trade Bitcoin with the Blockchain system?
I'm confused, I'm not sure what you're talking about.
- If you're talking about trading bitcoin as a payment currency, you're right.
- If you're talking about trading bitcoin for profit is an easy task, it's a misconception, it's really difficult, most people will lose money.

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January 06, 2020, 04:48:07 PM
 #382

Its not easy but yes if you learned alot and got practical experience from the market the things going easy for you in future,If you have grip on Technical analysis and Indicators usage can win more trades than lose.

Stop loss option more helpful in Bitcoin trading and open the the position in different price with different target,Putting all amount in one trade is risky so more options getting more chance of win the trade.
Yeah everything is easy after learning when you start learning about something then its not difficult for anyone and its nature of Human they learn first  about something  and then choose any business or field and for me bitcoin is one of the best coin when people trade easily in it with minimum risk.

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January 06, 2020, 11:46:36 PM
 #383

Those who are started trading in stock market and shifted to crypto is not saying trading is very easy. Even those who are trading cryptos for quite some time are not saying trading is very easy. It is easy to trade yes, just choose what exchange that you will use, add funds, select a coin to trade and wait. Next question is how much do you think you will earn for not studying the coin that you bought? How much do you think you will earn for not even checking the volume of that coin? Its very easy to lose money in trading, that statement is true.
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January 07, 2020, 07:28:36 AM
 #384

No, it's not. If easy, everybody would do it...BTC is almost 8k holdd nowwww
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January 07, 2020, 08:34:01 AM
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It just a luck but not all times luck will save you in the market challenges. Trading bitcoin is not easy even though professional traders are losing because loss are inevitable. I often to trade bitcoin but my win rate is high, I lose small and I win big. I manage to make profit in bitcoin trading because I often to read books and journals that can help me to become a better and successful trader.

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January 07, 2020, 08:53:07 AM
 #386

It just a luck but not all times luck will save you in the market challenges. Trading bitcoin is not easy even though professional traders are losing because loss are inevitable. I often to trade bitcoin but my win rate is high, I lose small and I win big. I manage to make profit in bitcoin trading because I often to read books and journals that can help me to become a better and successful trader.
actually trade bitcoin, if you have patience, will not end in loss, because if you look at the price of bitcoin, in the end, it always increases. but of course, it takes a long time to recover. In the last 3 months, I have also been quite good in trade bitcoin, every drop below 7000 always fast recovers above 7000. but it does look easy, rather than altcoin trading which is more difficult and risky because it depends on bitcoin flows.

.
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January 07, 2020, 11:46:26 AM
 #387

Trading bitcoin is not easy even though professional traders are losing because loss are inevitable. I often to trade bitcoin but my win rate is high, I lose small and I win big. I manage to make profit in bitcoin trading because I often to read books and journals that can help me to become a better and successful trader.

Well, no trading is an easy, especially frequent one (but daily trading can give you the biggest ROI rate if done correctly). With BTC nevertheless, if you don't want to spend all of your time watching the charts, so far there is one strategy which maybe is not generating the most profits, but is proven to work almost all the times, deriving from HODLing.
1. You buy BTC when there is a panic and in media, we get the phrase "Bitcoin is dead/is it dead cat bouncing", with price at bottoms (like late 2018).
2. You sell BTC where there is a hype (December 2017) in media.

Example: You sold 1 BTC when BTC was at $18000 level (December 2017). Then, at $4000 level (close to the bottom, when there had been a lot of talking about "crypto winter"), you bought 4 BTC. If you sold them close to last year peak (there was a hype!) at $11000, You would have had $44000. Then, going back to the end of 2019 with this "panickish" hovering around $7200 (with gloomy news) - you could get ~6BTC.
Now, we are expecting BTC price to rise due to the halving this May.

So far this scenario has proven to work (and we are wondering, for how long this scenario will be able to get repeated unless not valid anymore and all the panic/hype news will stop reflecting the real situation).

Not many actions needed (in the meantime you can work fulltime if you want). Feel free to test it with people who are not very familiar with Bitcoin.


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January 07, 2020, 04:15:32 PM
 #388

No, it's not. If easy, everybody would do it...BTC is almost 8k holdd nowwww
Yes nothing is easy mate we will have to work hard for every investment even if it’s bitcoin so trading with bitcoin is good but for it people will have to wait until the price rises double and yet price id not good to sell so keep holding and waiting. I am sure till end of 2020 will be good time to trade our bitcoins and yet needs to wait.

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January 07, 2020, 04:18:13 PM
 #389

Hi all,

The Blockchain is the world's leading trading system. It’s a global online database, no need to download, no need to copy and sending anywhere. It can use at any computer in the world with an internet connection.

The Blockchain trading system can trade any instrument, any market and at any platform. It’s a low drawdown and steady profit trading system.

I have 1 closed trade + $954 and 2 open trades now without any risk but +2.7k (2.7%) floating profit.

I am waiting for adding more trade now if it doesn’t hit SL.

Am I lucky or it’s very easy to trade Bitcoin with the Blockchain system?
This looks like a promotion, i don't see any useful trading tips here. Trading Bitcoin is easy but make it profitable is very hard, you need a good strategy and it is affected by many factors.
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January 07, 2020, 04:36:21 PM
 #390

To me it's safer to HODL bitcoin and trade other cryptocurrencies. I'm sure all the beginners prefer this strategy Grin
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January 08, 2020, 08:47:02 AM
 #391

It just a luck but not all times luck will save you in the market challenges. Trading bitcoin is not easy even though professional traders are losing because loss are inevitable. I often to trade bitcoin but my win rate is high, I lose small and I win big. I manage to make profit in bitcoin trading because I often to read books and journals that can help me to become a better and successful trader.
actually trade bitcoin, if you have patience, will not end in loss, because if you look at the price of bitcoin, in the end, it always increases. but of course, it takes a long time to recover. In the last 3 months, I have also been quite good in trade bitcoin, every drop below 7000 always fast recovers above 7000. but it does look easy, rather than altcoin trading which is more difficult and risky because it depends on bitcoin flows.

That's because you bought during a time when the price wasn't just tanking or at an all time high like any smart man would do. The problem is, a lot of people get in right at the all time high and then expect it to keep going up. If you had gotten in when Bitcoin was almost $20,000, then you would still be waiting on a good time to cashout. My favorite times to trade are when the coin is slowly going up over a few months with dips in between like all of last year was. There's a lot of chances to make some money and you can't really screw it up.
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January 08, 2020, 11:30:30 AM
 #392

It just a luck but not all times luck will save you in the market challenges. Trading bitcoin is not easy even though professional traders are losing because loss are inevitable. I often to trade bitcoin but my win rate is high, I lose small and I win big. I manage to make profit in bitcoin trading because I often to read books and journals that can help me to become a better and successful trader.
actually trade bitcoin, if you have patience, will not end in loss, because if you look at the price of bitcoin, in the end, it always increases. but of course, it takes a long time to recover. In the last 3 months, I have also been quite good in trade bitcoin, every drop below 7000 always fast recovers above 7000. but it does look easy, rather than altcoin trading which is more difficult and risky because it depends on bitcoin flows.

That's because you bought during a time when the price wasn't just tanking or at an all time high like any smart man would do. The problem is, a lot of people get in right at the all time high and then expect it to keep going up. If you had gotten in when Bitcoin was almost $20,000, then you would still be waiting on a good time to cashout. My favorite times to trade are when the coin is slowly going up over a few months with dips in between like all of last year was. There's a lot of chances to make some money and you can't really screw it up.

thats right, before entering the market they should look at the situation first, don't fomo, let alone buy when prices are rising high aka buying at the peak. if you want to play fast, of course not a problem, but when it suddenly falls you have to be ready to sell it on a note of losing just a few percents and it's natural.

.
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January 08, 2020, 02:25:10 PM
 #393

It just a luck but not all times luck will save you in the market challenges. Trading bitcoin is not easy even though professional traders are losing because loss are inevitable. I often to trade bitcoin but my win rate is high, I lose small and I win big. I manage to make profit in bitcoin trading because I often to read books and journals that can help me to become a better and successful trader.
actually trade bitcoin, if you have patience, will not end in loss, because if you look at the price of bitcoin, in the end, it always increases. but of course, it takes a long time to recover. In the last 3 months, I have also been quite good in trade bitcoin, every drop below 7000 always fast recovers above 7000. but it does look easy, rather than altcoin trading which is more difficult and risky because it depends on bitcoin flows.

That's because you bought during a time when the price wasn't just tanking or at an all time high like any smart man would do. The problem is, a lot of people get in right at the all time high and then expect it to keep going up. If you had gotten in when Bitcoin was almost $20,000, then you would still be waiting on a good time to cashout. My favorite times to trade are when the coin is slowly going up over a few months with dips in between like all of last year was. There's a lot of chances to make some money and you can't really screw it up.

thats right, before entering the market they should look at the situation first, don't fomo, let alone buy when prices are rising high aka buying at the peak. if you want to play fast, of course not a problem, but when it suddenly falls you have to be ready to sell it on a note of losing just a few percents and it's natural.
FOMO is one of the main reason why newbies are losing money in the market. They always got stuck in high position because they got hyped too much. If there is a short rally, they will also follow buyers and it is the reason why they got stucked in their position because they do not know what they are doing. We have different view in trading with bitcoins and we can only see it as easy if we will focus on improving our skills.
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January 08, 2020, 02:52:47 PM
 #394

It just a luck but not all times luck will save you in the market challenges. Trading bitcoin is not easy even though professional traders are losing because loss are inevitable. I often to trade bitcoin but my win rate is high, I lose small and I win big. I manage to make profit in bitcoin trading because I often to read books and journals that can help me to become a better and successful trader.
actually trade bitcoin, if you have patience, will not end in loss, because if you look at the price of bitcoin, in the end, it always increases. but of course, it takes a long time to recover. In the last 3 months, I have also been quite good in trade bitcoin, every drop below 7000 always fast recovers above 7000. but it does look easy, rather than altcoin trading which is more difficult and risky because it depends on bitcoin flows.
Patience is always in the key in this kind of market. Bitcoin is volatile, however, it takes some time to make a move. It is really easy to trade Bitcoin the only thing makes it hard to deal with is just because of our emotion. We tend to get to used FOMO especially the newbies but as you get used to it or when you have enough experience I am pretty sure you can handle it well. If you know the basics already I guess that would be enough to survive in this market.

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January 08, 2020, 03:53:56 PM
 #395

It always is easy but to make profit is what obvious thing is and that’s where we need to look at carefully. I do trading in Cryptos through FreshForex broker, as there is a lot more comfort instead of going for exchanges, which to me is way too complicated for comfort.
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January 09, 2020, 01:53:50 PM
 #396

It always is easy but to make profit is what obvious thing is and that’s where we need to look at carefully. I do trading in Cryptos through FreshForex broker, as there is a lot more comfort instead of going for exchanges, which to me is way too complicated for comfort.

I don't know why some people often think that trading was a piece of cake. The idea is indeed simple. Yes you're right, making profit is difficult. But it doesn't seem that you are really trading, as you said you are comfortable with your broker than exchanges. That wasn't the trading per se. It's obvious you aren't getting enough profit because trading requires further studying and analyzing of various markets and its system.

Furthermore, Bitcoin was indeed an easy trade as it fluctuates high in every minute. hence, trading in it is fun.

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January 09, 2020, 02:31:26 PM
 #397

It just a luck but not all times luck will save you in the market challenges. Trading bitcoin is not easy even though professional traders are losing because loss are inevitable. I often to trade bitcoin but my win rate is high, I lose small and I win big. I manage to make profit in bitcoin trading because I often to read books and journals that can help me to become a better and successful trader.
actually trade bitcoin, if you have patience, will not end in loss, because if you look at the price of bitcoin, in the end, it always increases. but of course, it takes a long time to recover. In the last 3 months, I have also been quite good in trade bitcoin, every drop below 7000 always fast recovers above 7000. but it does look easy, rather than altcoin trading which is more difficult and risky because it depends on bitcoin flows.
Patience is always in the key in this kind of market. Bitcoin is volatile, however, it takes some time to make a move. It is really easy to trade Bitcoin the only thing makes it hard to deal with is just because of our emotion. We tend to get to used FOMO especially the newbies but as you get used to it or when you have enough experience I am pretty sure you can handle it well. If you know the basics already I guess that would be enough to survive in this market.
Buying and selling on bitcoin always gives us a very easy feeling but we have never optimized it because what we're feeling is simple, it's really complicated when bitcoin is so volatile as you say, Bitcoin does not just increase or decrease within a few dollars, it goes up and down in the few thousand dollars in minutes, that's why so many people have lost so much money for bitcoin, this simplicity has become a deadly trap. If talking about the ease and can make a profit in safety, I feel that altcoin is still easier

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January 09, 2020, 04:02:51 PM
 #398


Buying and selling on bitcoin always gives us a very easy feeling but we have never optimized it because what we're feeling is simple, it's really complicated when bitcoin is so volatile as you say, Bitcoin does not just increase or decrease within a few dollars, it goes up and down in the few thousand dollars in minutes, that's why so many people have lost so much money for bitcoin, this simplicity has become a deadly trap. If talking about the ease and can make a profit in safety, I feel that altcoin is still easier


Patience is always needed, yes it is, but we must be smart enough in making decisions, if you think that  you already did your part by doing research, by reading charts and technical analysis indicating that it is time to sell then you must follow what's on your mind not keep telling yourself that you need to be patient, because no one knows when the price will be recover.

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January 10, 2020, 06:02:00 AM
 #399

Buying and selling on bitcoin always gives us a very easy feeling but we have never optimized it because what we're feeling is simple, it's really complicated when bitcoin is so volatile as you say, Bitcoin does not just increase or decrease within a few dollars, it goes up and down in the few thousand dollars in minutes, that's why so many people have lost so much money for bitcoin, this simplicity has become a deadly trap. If talking about the ease and can make a profit in safety, I feel that altcoin is still easier


Just buy low, sell high. The concept itself is actually really simple. It's the implementations of that concept that are difficult. At the end of the day, if you just buy low and sell high, you will have successfully made a trade. The issue that most people run in to is the long periods of time where the price is in a slump or not moving at all. Most people tend to just give up on it and sell off at a loss when in actuality, if they just held out, they would have made some profit. Patience and not buying in during highs is key.
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January 10, 2020, 06:56:15 AM
 #400

Buying and selling on bitcoin always gives us a very easy feeling but we have never optimized it because what we're feeling is simple, it's really complicated when bitcoin is so volatile as you say, Bitcoin does not just increase or decrease within a few dollars, it goes up and down in the few thousand dollars in minutes, that's why so many people have lost so much money for bitcoin, this simplicity has become a deadly trap. If talking about the ease and can make a profit in safety, I feel that altcoin is still easier


Just buy low, sell high. The concept itself is actually really simple. It's the implementations of that concept that are difficult. At the end of the day, if you just buy low and sell high, you will have successfully made a trade. The issue that most people run in to is the long periods of time where the price is in a slump or not moving at all. Most people tend to just give up on it and sell off at a loss when in actuality, if they just held out, they would have made some profit. Patience and not buying in during highs is key.
The concept of buying low and selling high is easy to understand, in the reality that kind of strategy is hard to execute. Those new people in the market cannot know if the price is already at low or at the peak. Newbies are required to study the basics because it is the foundation of all knowledge. Support and resistance are the most important in trading.
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