Quantex
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Activity: 90
Merit: 10
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December 11, 2017, 10:13:43 PM |
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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. I bet it's two times harder than 6 months ago. The depth of market increased and whale number also increased. This is a threat for small scale investors like me and it's getting harder to make profit. |
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Disna
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December 11, 2017, 10:31:26 PM |
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fluctuations Bitcoin's very fast price is risky and difficult to predict, the thing that needs to be done is to wait for the price of Bitcoin really corrected more than $ 1,000 even though it takes a long time to wait for Bitcoin harness really corrected. I think this way is better to secure your money
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shan05
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Activity: 154
Merit: 15
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December 11, 2017, 11:14:00 PM |
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It's supposed to become easier for those who do trading for a long time. But with the going high in price and ethereum blockchain problems, it is becoming hard everyday for us to trade. It takes a long time to finish just 1 transaction.
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Jaya912
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December 12, 2017, 12:09:55 AM |
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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?
For me trading is always difficult. So not only this time but from long time ago. And bitcoin price run recently make the tradimg also more difficult. If you day trader, wait till the price more stable in any range price then you can buy in lowest price. I think thats better rather than trading in this price run. |
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Dheo
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December 12, 2017, 12:33:07 AM |
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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 can say that it's hard to trade now because of the rise and fall of bitcoin. It's hard to predict its value maybe it's better to just invest in altcoins and hold it. |
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iv4n
Legendary
 Online
Activity: 3136
Merit: 1172
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December 12, 2017, 01:14:53 AM |
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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 can say that it's hard to trade now because of the rise and fall of bitcoin. It's hard to predict its value maybe it's better to just invest in altcoins and hold it. Invest in bitcoins and save them and you will have a nice profit from that, some alts can be risky for long term holding, but just some, some are very good. Trading now and back in the past are the same, difficulty is the same but for me personally its easier now when I know market much better. Maybe you two need more time and practice before you start to make profit, if you are not sure in your trading skills invest less money, learn first then start with more. Bitcoin raised 15000 dollars in a year, if you bought in any dip you make profit 100%, what is hard about that? |
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Mevz
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December 12, 2017, 01:36:37 AM |
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Yeah bitcoin is now going up no stable price now. Increasing big in just 1 day oh no. You need to monitor in every seconds. We will be lucky if the price goes rollback again since october. But now its best to trade more with some altcoins its pretty low and also the tokens now they are all dumped price unlike bitcoin now can't have big profit with it.
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gandhe83
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Activity: 266
Merit: 10
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December 12, 2017, 01:57:45 AM |
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Bitcoin prices are rising too high due to the demand of investors and the community. Currently you can see altcoin is discounted so much so this time if you want to surf under the candlestick chart is very difficult. In my opinion you can buy some good altcoin at the current low price which is great to keep some time.
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theunbeatable
Sr. Member
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Activity: 546
Merit: 258
I could either watch it happen or be a part of it
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December 12, 2017, 02:29:44 AM |
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Yeah its really hard to trade now than before because of bitcoin keeps pumping hard.
I think it is because of the demand, the whales can't make the price go up and down these days because there so much demand on BTC, that means we will be having a rough road on BTC exchanges and Ethreum is congested too, last few days. I'm hoping that problem won't appear again because there's so much to lose in every trasactions and yes it's hard to know which coin will appear to be pump or dump. I will be limiting my trades on main cryptocurrencies now. |
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deddod
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December 12, 2017, 02:32:15 AM |
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if you are good at using moments.
situations like this can be very profitable.
need a lot of learning to be able to understand the market situation.
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hritevanz
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Activity: 182
Merit: 10
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December 12, 2017, 03:12:01 AM |
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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?
These days, the bitcoins value continuously increasing every day due to the demand of the community. While the altcoins value is dropping due to the effect of bitcoins value and because of that, buying altcoins is worth of holding due to the positive thoughts that the value might increase in the next 5 years. Trading is difficult to those people who doesn't have enough knowledge. |
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Iceblast
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December 12, 2017, 03:16:32 AM |
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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?
These days, the bitcoins value continuously increasing every day due to the demand of the community. While the altcoins value is dropping due to the effect of bitcoins value and because of that, buying altcoins is worth of holding due to the positive thoughts that the value might increase in the next 5 years. Trading is difficult to those people who doesn't have enough knowledge. yes I also think like that, trading will be difficult if it is done by someone who lack experience because trade usually only requires capital and skill and ability. let alone bitcoin trading, one just needs to see the exchanger every day to see the up and down movement of bitcoin every day always happens. |
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Caladonian
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December 12, 2017, 03:45:01 AM |
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Bitcoin prices are rising too high due to the demand of investors and the community. Currently you can see altcoin is discounted so much so this time if you want to surf under the candlestick chart is very difficult. In my opinion you can buy some good altcoin at the current low price which is great to keep some time.
With what is happening right now inside the alts exchange, better to grab that opportunity to buy good coins and hold for some time, the possibilities that it will rise up is very big, it's been proven when bitcoin soaring high some good alts will fall as holders are selling it to grab their earnings, but when btc get some temporary stable value, then alts will rise accordingly. |
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nydiacaskey01
Legendary
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Activity: 1834
Merit: 1036
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December 12, 2017, 04:01:53 AM |
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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?
Its not a good time to buy and hold for a few days, if its long hold then hold the coins for a long time but if you buy and aims to get a 10%-15% profit you need to set conditional trading or selling otherwise known as stop loss so if the coin goes down drastically, your investment is still protected because the system will place a sell order for you even if you are not online. |
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Yoshinoya
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December 12, 2017, 04:26:55 AM |
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YES, I think trading right now become more difficult, because there are so many big players in bitcoin now. and now trading will be difficult if is done by someone who lack experience  |
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noormcs5
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December 12, 2017, 05:14:02 AM |
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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?
Exactly, in these days bitcoin price suddenly rise and suddenly going to down, and the difference is between rise and fall nearly $1000, it is becasue bitcoin has a big price then the difference will be $1000 is normal of it. Although i agree with you, it is unpredictable to do trading with bitcoin. Then better to hold bitcoin for a time and after a long time then sell it. |
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p i e c e
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December 12, 2017, 10:38:18 AM |
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These days the bitcoin prices are rising and falling over 1000$ in just minutes and have become highly unpredictable way more than before.
Does this make trading more difficult right now?
Yes it has become difficult to trade as Bitcoin ups and downs and its pump affects much altcoins and it is not easy to predict their price now. |
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kiloiko
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December 12, 2017, 01:06:30 PM |
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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 it needs proper watch of the market. It is not very difficult to follow market as it is accessible everywhere. Falling and rising of price is part of a trade and you have to accept it if want to do trade and become successful in your life. It requires a very proper management of time and planning. If some want to sell his bitcoins then when its price rises, at that moment he should sell them while if someone want to buy bitcoins then he should buy them when its price lower down, this all is a part of trade. |
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hachiman13
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December 12, 2017, 02:43:25 PM |
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Indeed it has, especially for altcoin trading where almost everything is in red. From a begginer's POV, I can't imagine how skilled a day trader would be to profit from that mess. But on the other hand, long term hodlers would be happy with the recent events.
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khaled0111
Legendary
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Merit: 2861
Top Crypto Casino
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December 12, 2017, 03:04:08 PM |
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Trading is always difficult and not everyone can succeed in it.
Bitcoin like the majority of other coins is so volatile which makes predicting its price too hard or even impossible.
Being volatile is not always a bad thing since many traders are making huge profit in short time, but to be one of these lucky trader you should
have alot of experience and seize opportunities or just be lucky.
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