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Author Topic: has trading become difficult?  (Read 2701 times)
kuronokishi10 (OP)
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December 10, 2017, 02:50:03 AM
 #1

These days the bitcoin prices are rising and falling over 1000$ in just minutes and have become highly unpredictable way more than before.
Does this make trading more difficult right now?
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magicmeyk
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December 10, 2017, 06:23:49 AM
 #2

Yeah its really hard to trade now than before because of bitcoin keeps pumping hard.
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December 10, 2017, 06:54:16 AM
 #3

These days the bitcoin prices are rising and falling over 1000$ in just minutes and have become highly unpredictable way more than before.
Does this make trading more difficult right now?

It became difficult these recent days, BTC decrease such large amounts in minutes makes harder for us to predict,
why do so many people lose money when it looks so easy? I am looking for another strategy. Trading is tough; the only way to become successful is with hard work, lots of research and lots practice. Hope we don't go broke.
mayidid
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December 10, 2017, 09:18:10 AM
 #4

As the price is getting wild time by time , trading bitcoin becomes unpredictable. If you're lucky enough , you can earn huge profit from it. With prices so high and still rising, it's difficult to be a bitcoin trader right now. The only solutions seem to be to stop trading bitcoin and just hold or start trading altcoins.
chris200x9
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December 10, 2017, 09:46:26 AM
 #5

Yes, on short-term perspective it is very hard to predict the prices of bitcoin or any other cryptocurrencies so it is a time to buy good altcoins and hold them until you make money. Day trading is very risky in this highly volatile market and we shouldn't waste our money. If you buy and hold surely you will get a chance to sell at higher prices but it may take some time.
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December 10, 2017, 10:12:51 AM
 #6

These days the bitcoin prices are rising and falling over 1000$ in just minutes and have become highly unpredictable way more than before.
Does this make trading more difficult right now?

i think all pro trading are waiting until hit the support before need to buy again is that my speculation for me i waiting for the good price for a bitcoin,. Nowaday bitcoin has making sideways chech the graph of bitcoin this is a safe test way pricing bitcoin.
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December 10, 2017, 10:22:22 AM
 #7

The beauty of bitcoin is due to its volatility. If you can remember last 2nd week of November, it plummeted to 5,600$ after reaching 7,600$ and then had a bullish run up to 17,000$. Yes, btc trading is hard for short trades but my tip is to take profit around 3% to 5% to lessen the risk of losing. If you are in long term trading, just hold your position, btc price will rise eventually.
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December 10, 2017, 10:55:51 AM
 #8

These days the bitcoin prices are rising and falling over 1000$ in just minutes and have become highly unpredictable way more than before.
Does this make trading more difficult right now?
Trading is not a joke, when you trading, first make sure that the person you like to trade is trusted, trading is a big difficult.

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December 10, 2017, 11:00:42 AM
 #9

These days the bitcoin prices are rising and falling over 1000$ in just minutes and have become highly unpredictable way more than before.
Does this make trading more difficult right now?
Isn't a volatility is good for a trader? Trading is required a lot of experience to be able to have steady profit and maximize every chance no matter what the market looks like. I believe it's not harder or easier, it's just a matter the person experience about trading.
CyberKuro
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December 10, 2017, 11:37:37 AM
 #10

Actually, it's predictable due to the repeated cycle, whenever bitcoin reach the peaks, it will get corrected.
Look at altcoins prices, most of it decline after bitcoin get corrected, you can assume that most people are cashing out right now and prepare to buy back at the dip.
All you have to do is just predict the best entry point to buy bitcoin and altcoins, waiting for days or weeks and you will get profits.
At current bitcoin price, rise and fall over $1000 within minutes make it easier for traders to get extra profit in short-term, but you can always extract more profit if you can be patient, holding for several weeks.
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December 10, 2017, 11:39:14 AM
 #11

Completely agree, the market can be analyzed very well with technical analysis till august 2017, but from there to now, it has been quite unpredictable, its difficult to find bitcoin going down and enter. y strategy now is buy and hold, it is a good strategy since august not?  Cool

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December 10, 2017, 11:43:28 AM
 #12

I completely agree. With such fluctuations in the bitcoine exchange rate, it became more difficult to trade. Altkoins with such fluctuations in the bitcoin course behave unpredictably. Now you need to trade the altcoyins in a short, intraday.
xwshamim
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December 10, 2017, 11:58:09 AM
 #13

yeah its very difficult now because in old days bitcoin was some kind of stable but now its moving very faster so it has v=become very hard now all have to count their profit in usd not in sat . because i think that some of the cryptos will never go back to tha satoshi they were at so its very hard to trade now and make profit in satoshi
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December 10, 2017, 01:19:11 PM
 #14

These days the bitcoin prices are rising and falling over 1000$ in just minutes and have become highly unpredictable way more than before.
Does this make trading more difficult right now?
trading is difficult in Bitcoin because it is pumping or dumping In anytime. If you want to long-term trading you should choose altcoins. If you want to short term you choose Bitcoin. But Bitcoin is a risk to invest in current market. If you trust me the Bitcoin you should invest in Bitcoin. Because it is unpredictable we don't predict the value in digital market.

 
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DrGuns4Hands
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December 10, 2017, 01:23:17 PM
 #15

trading has become difficult because the bitcoin it is pumping and sometimes it is dumping, back in the good ol' days bitcoin is just bitcoin and it is stable but now it is not but still we can adapt the current situation of bitcoin.
chocokush
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December 10, 2017, 01:27:26 PM
 #16

for me sir? yes because bitcoin is not stable sometimes bitcoin is pumping op and suddenly dump. we don't predict the move of btc.
adiksau0414
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December 10, 2017, 01:32:49 PM
 #17

I feel all of you. The fact that every time you will check your alts value in just a minute another changes happens. So hard to predict or know the possible changes in value. Sometimes, we just have to check our alts coins every now and then so that we dont miss that good opportunity to buy or sell (and sometimes i just liok the screen for 30 minutes jist to make sure i dont miss anything but in the end still no use). Now its like the person who are lucky wins (so sad, im not that kind of person, just lucky in love).
I think the safest thing to do is just watch its movement and study it. Or we can check or seek help in some signals given by yhe pro.

melted349
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December 10, 2017, 02:01:38 PM
 #18

These days the bitcoin prices are rising and falling over 1000$ in just minutes and have become highly unpredictable way more than before.
Does this make trading more difficult right now?
Isn't a volatility is good for a trader? Trading is required a lot of experience to be able to have steady profit and maximize every chance no matter what the market looks like. I believe it's not harder or easier, it's just a matter the person experience about trading.
yes agree on it the way on how does you feel here is depends on the person on how would he is able to trade for cause in some it may look difficult which is true but take a chill and stay calm for everything that are happens in trading.
candy27
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December 10, 2017, 02:10:33 PM
 #19

It's easier to trade alts at the moment than bitcoin. There are so many big players in bitcoin now, that they control the price and the volatility.
Xenrise
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December 10, 2017, 02:16:48 PM
 #20

Yes trading right now become more difficult to watch. As we all know, the price of bitcoin and its market is really wild. Right now, bitcoin is beating aths and aths. That is why trading become more difficult to deal with.
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