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Author Topic: has trading become difficult?  (Read 2704 times)
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December 10, 2017, 02:56:27 PM
 #21

Again, it depends on what kind of trading you're looking at. This deep swings up or down have only solidified Bitcoin's reputation for volatility, which is exactly what day traders and scalpers are looking for. Speculators like the swings, as it closes trades within minutes or hours, instead of holding onto positions for days. So this type or market is suitable for them, and I suppose contributed greatly to volume just on switching hands - exchanges are only too happy to oblige since they earn on percentage of every order closed. Arguably, they're even moving towards supporting this type of mentality, as seen by Bittrex only allowing orders placed within 0.1% of spot price.

I can't say for certain if this will have an effect on longer term traders like those on Localbitcoin. I'm still managing slow volumes, but especially as a seller, I'm not experiencing a slightly higher number of people cancelling trades when the price swings their way. It is a bit frustrating but the trusted traders generally honour the trade even when the market moves strongly against them.

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December 10, 2017, 05:35:15 PM
 #22

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?

yes i agree that the Trading is become difficult, this is all because there is a huge  and straightforward rise in the cryptocurrency market there is nothing wrong here. Instead, what is the wrong point is that there has not form a good pullback or halt where people could enter there positions. And also the time taken for bitcoin price to rise in this huge manner is very less, and that's why people are fearing and facing difficulty in trading cryptocurrencies. I hope this will be change once there is a good pullback after every 1000 price rally.

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December 10, 2017, 06:11:04 PM
 #23

Yes with volatility being observed with bitcoin, trading has become difficult for money making enthusiasts! Bitcoin as of now is certainly not for gambling. It is an important investment.

Trading should be need based and after thorough analysis of the patterns, charts and recurring situation it has to be ventured into. When prices are soaring with geometric proportions, why trade? Again when it is showing a sudden slip why trade?

Extreme caution needs to be applied in trading bitcoin and as of now it is certainly risky and difficult. We can term it as an avoidable adventure unless there is a serious need for money. After all, money is saved and accumulated only to be used properly. Storing all money in the bank and accumulating it without spending it at a time of need is zenith of foolishness and stupidity.

If however one wishes to play by trading, then the best thing to do would be trading altcoins. The fluctuations with altcoin is reasonable and one can expect to make profits to one's satisfaction. Basically this means that one will be less affected by the loss one incurs due to bad timing. It is best to day trade altcoin. A mistake in trading with altcoin will not be too costly compared to that of bitcoin. It is best to keep bitcoin for long term investment but keep an eye on its value and keep cautious trading with a part of it (if you are a trading enthusiast) to understand the digital trading ecosystem as well as to keep up with the drastic changes that currently one studies.
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December 10, 2017, 06:12:36 PM
 #24

Trading was and never will be difficult at all. Things are moving at a faster pace and as an average trader, it becomes difficult for him to understand the changes and absorb those changes for in trading strategy. Since the crypto market is already volatile in nature and on the top of that, institutional investor's entry is making it more volatile for the short term so we are at the chaotic environment as of now but things will settle soon.
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December 10, 2017, 06:16:14 PM
 #25

High flunctuating price of bitcoin is making everything unstable. To be honest, you can not really plan a trade because you don't know what is going to happen next! The level of irrational trading is very high right now!
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December 10, 2017, 06:41:08 PM
 #26

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?

More profitable i believe because that can give you bigger windows to trade over short period of time. Just take an example of todays trade. The bitcoin was almost 15-20% down in the 24 hours market and now just look at the market,  its all upto  +8% currently which makes the trade 25% profitable if would have bought in the morning.  Now just tell me what was difficult in this trade. Only one thing though,  thats the fear of loosing money or not buying at high rates.  This mentality needs to be changed so that one can achieve pretty higher goals. 
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December 10, 2017, 07:03:35 PM
 #27

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?
Difficult? It has always been a little difficult for a lot of people, but now that the price has raised so high trading is getting complicated by the day. Potential coins are doing down when converted to btc even though it's rising in terms of USD.  Understanding the situations of market's  is getting harder and more screwed up shit things are becoming.


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December 10, 2017, 07:20:33 PM
 #28

The high price of bitcoin and the volatility makes it hard to trade these days. The extreme high volatility is being managed by some big investors, so they can make gains on a daily basis. Because a very small number of people own the largest quantity of bitcoins, they can easily manipulate the price, by pumping and dumping. Most of us want fair and honest trading, but this small group with the most bitcoins make the rules. And that's in their own interest.

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December 10, 2017, 07:41:02 PM
 #29

well of course, and I think the most noticeable impact is altcoin because the bitcoin prices are going up drastically of course this makes altcoin traders confused whether they should sell or hold it.
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December 10, 2017, 08:13:01 PM
 #30

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?

The up and down rise in the value of bitcoin does not make trading difficult in any way. As a matter of fact, when it's rising, people are buying and making profit, likewise when it's decreasing, people are selling and making profit as well. All you need to do is to follow the movement by carrying out both fundamental and technical analysis, respectively, to know when to buy or sell.

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December 10, 2017, 08:22:04 PM
 #31

Trading is becoming much more difficult because there are too many investors are joining this market too. When the pie has too many eaters , your pieces will be smaller.
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December 10, 2017, 08:34:16 PM
 #32

Trading has become tougher than how it was before now, cause of the sudden rise and drop in the bitcoin price, which leaves everyone in a point of panic/gain. The thing that makes trading good is investing into good ICOs (but now there are alot of scam ICOs around). Trading has become tough, but a new strategy has to come up now.
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December 10, 2017, 09:25:47 PM
 #33

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.

Yes is true, i agree with yor opinion, this all according to the fact in the field. Some great whales play there and complicati many things (especialy trade).
If you've got some money sitting in the bank, it might be a good idea to look at some of the best investment solutions on the market today.

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December 10, 2017, 09:49:29 PM
 #34

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.

Yes is true, i agree with yor opinion, this all according to the fact in the field. Some great whales play there and complicati many things (especialy trade).
If you've got some money sitting in the bank, it might be a good idea to look at some of the best investment solutions on the market today.

I think trading is easy because  first you if you have a bitcoin or altcoin you monator the price of it and then  trading sample you do if the bitcoin or altcoin will be rising or down monator that if the pricing will rise you trade it and dont trust to other to  trade because money is talking about its hard to trust others.

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December 11, 2017, 05:36:41 PM
 #35

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.
Trading is no doubt one of the most difficult thing to do in this world. It is in fact not an easy task to do trading. There are number of thing which you need to learn if you want to become successful trader. There are number of people who started trading but couldn’t make it as they find it the most difficult thing to do. The role of emotions carry a very significant importance in trading. You do need to control your nerves.

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December 11, 2017, 05:40:03 PM
 #36

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.
Trading is no doubt one of the most difficult thing to do in this world. It is in fact not an easy task to do trading. There are number of thing which you need to learn if you want to become successful trader. There are number of people who started trading but couldn’t make it as they find it the most difficult thing to do. The role of emotions carry a very significant importance in trading. You do need to control your nerves.
first thing that you have to control is emotion if take the control of it you are not able to see that this trading is not difficult we know and see that this is difficult but if you learned on how would you able to control your emotion is the best.



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December 11, 2017, 06:05:56 PM
 #37

most people said trading is profitable rather than other ways to earning bitcoin but i always be consider trading is difficult task because the profit will be so unpredictable and there is no guarantee the profit for each days will be steady even the chance to losing my money almost equal to gamble especially now although bitcoin price so high but the price movement looks not stable

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December 11, 2017, 06:07:42 PM
 #38

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.
Trading is no doubt one of the most difficult thing to do in this world. It is in fact not an easy task to do trading. There are number of thing which you need to learn if you want to become successful trader. There are number of people who started trading but couldn’t make it as they find it the most difficult thing to do. The role of emotions carry a very significant importance in trading. You do need to control your nerves.
first thing that you have to control is emotion if take the control of it you are not able to see that this trading is not difficult we know and see that this is difficult but if you learned on how would you able to control your emotion is the best.
Emotional control is a must to make a good earning through trading process. Some feel this to be difficult, which is completely because of the lack of learning and expecting to get good profit with luck or just on picking the altcoins for investment in a random manner.

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Aikidoka
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December 11, 2017, 09:08:53 PM
 #39

As far as I am concerned, trading has never been easy at all. It requires a lot of knowledge, good experience, smartness, and time. Added to that, the price is really unpredictable. You cannot just feel lucky and buy coins and feel like you will gain profits. It requires more than that.

I mean there is nothing called luck. It is just about how professional you are, and even professionals fail sometimes. The best way to avoid failure is believing in the cryptocurrency you are trading with. Believe me, bitcoin will keep on growing.
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December 11, 2017, 09:40:34 PM
 #40

most people said trading is profitable rather than other ways to earning bitcoin but i always be consider trading is difficult task because the profit will be so unpredictable and there is no guarantee the profit for each days will be steady even the chance to losing my money almost equal to gamble especially now although bitcoin price so high but the price movement looks not stable

Even I am.one of them initially I thought trading will be really profitable and can earn a lot by trading but now looking at the price pump and the insane rise in the value teading looks kind of risky as we can either earn tremendous profit if bitcoin lasts forever or else end up losing everything so it's really unpredictable nowadays until bitcoin gains some sort of stability.

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