has trading become difficult?

[slyfox]

trading cryptocurrency is always difficult especially if we don't know anything about cryptocurrency but this could be solved if we want to learn about trading itself. I am sure there are many information or guidance about trading so we can learn step by step even for new people, they can learn the basic of trading. but now, as we can see that bitcoin price is reduced and altcoin becomes unpredicted, I admitted that the situations become difficult although we could still determine where the price wants to go.

If you really do not know anything about cryptocurrencies then it is not going to be difficult to trade it is going to be impossible even with a huge amount of experience and knowledge making money out of trading is going to be very hard if you do not have any of that then forget it, you are not going to make any kind of money by trading in fact it's very likely you will lose all the money you have.

[Omnia Vanitas]

Trading has always been difficult, if not, we would all be millionaires. If it seems difficult now it is because in the past few months everything continued to grow and it was automatic to make some money even for those who were incompetent.

[Ryanpogi]

if I ask you to be very difficult before I'm still studying about the trading industry. so there's something to look for in this furom. thanks.

[Saidmod]

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?

You have only to understand how market does like this and how can you trade to this point. Trading is not that become more difficult instead crypto trading becomes more easier because there are already easy strategies depends on you how you will ride on the coins or bitcoins pump and dump

[btcformula]

Trading always difficult if you have not patience , You may daily trader or long term investor. But keep it mind , patience is the key to success in crypto trading. If you have you will never in loss.

[Bdstar]

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?

In this competitive age, Nothing is easy to make yourself. Day by day people are getting involved in the blockchain system and they are doing well by their speculation so you have to do better through your knowledge and future speculation. Whatever the case is, You can also do a good job if you have potential and interest to do well on this platform.

[fabrizoc]

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?

Yeah even in altcoins its hard to trade since they pump and dump faster unlike before you can see the price was stable. Now if bitcoin goes dump also almost all of altcoins are dump too.

If you make a comparison of altcoins only, within them they are not making any good progress. Few of them have been shown some good remarks for trading like ETH and ripple. But now, they have gone to low prices as well because bitcoins are not up. It is often advised to go for trading in bitcoins because that have some good differences and one can easily make better profits out of them.

[feverpitch]

Trading is very difficual , because its a lot of nervous always need to be in tradin , known whats new and how markets going its very important to go in time with markets or you will fail and loose money , that is job not for everyone !

[Kevin77]

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 don't really think so because now that cryptocurrency is getting more and more popular to people, so they are all getting aware, then many or most people are persuaded to try investing on them. Despite the coina having low value, as a trader, one must be patient enough to deal with waiting because it will eventually be worth it.

Waiting is mainly for the investors who are going in long and that does not necessarily work for a normal trader who is making a living and increasing his holding from trading.

A long term position holder can withstand to keep holding until he or she realizes the desired profit, but for a trader, he or she knows when to buy in, when to sell and when to exit if things end up not working out as planned quickly to find a better position and anyone without knowledge will most definitely find that difficult.

[Silberman]

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 has always been a very difficult activity, but now with the huge increase in price it has become even harder for several reasons one of those reasons has to do that in the past a drop of 20% when bitcoin was worth 200 meant that you lost 40 now a loss of 20% and a price of bitcoin at 9000 means that you lose 1800, so even if the movement in terms of percentage is the same in terms of money it has increased substantially.

[nelsledma]

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?

Yeah even in altcoins its hard to trade since they pump and dump faster unlike before you can see the price was stable. Now if bitcoin goes dump also almost all of altcoins are dump too.

Trading has not become difficult because there is nothing new you need to know or must trade. The only thing which has made earning while trading difficult is having a huge increase in the number of traders which has then increased the competition amongst the traders and that now they need to work even harder to make their position in the world of trading.

[viralz]

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,...... Sooooooooooooooo difficult.
I buy and sell things and then I am too tired to read chart,.... now I leave it after my coin is still having margin and I can get profit if I sell it.
Calculating and read chart is more difficult now,... we can read it but the pattern and responses are different

[Lynks]

With the high rate of market volatility trading has become much more difficult as you cant easliy predict the next pump or dunp

[qiman]

To be quite honest, I loathe day trading lol but now am in a trading contest on COSS exchange and it is lasting for a whole two months which for me is super stressful. I do not know if I want to enter another trading contest again, but for now I will keep at this one. I think trading is hard in general because the crypto market is small, it is so easy to manipulation by the big whales and pump and dump groups. So if you are working as an individual in a sea of sharks and whales, you will most likely get eaten roflmao. I tend to be a hodler myself, not sure though if that is good or bad right now though as my portfolio has really shrunk.

[zhanghoqi5]

Yes, the market is always red during this time. I don't have any way to deal with it, so I can only look at my money less. If I throw, then I lose my gold. I'm waiting, because I know that the encryption market always fluctuates, the market turns green, maybe 2-3 months, maybe 1 year.

[Bosx1ne]

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 reason why I can consider trading cryptocurrencies as difficult job because cryptocurrencies are too volatile. The price of every coins is always changing, we can lose our money if we don't have sufficient information about trading.

[jerick06]

Yes because there is no assurance that you can gain more profit. You have to monitor the chart time to time to get the right time to sell. I suggest you to read about trading so that you can have strategies and techiniques regarding this matter

[TorbiK]

Of course, it became more difficult to trade. In a growing market, what is difficult to trade? I bought it and wait. And now it does not work out that way.

[micleeiu398]

If you know the right timing on every trades you're executing it won't be that hard or difficult. These days, bitcoin price fluctuates too much in a matter of minutes or hours, thus making it more profitable. In terms of altcoins,  targeting the right coin is a must and studying it's movements.

Not only btc but other alts as well. Though obviously it's hard to trade when everything is down. The past week has been a bear fest and i didn't open up any new trades since i'm now going to wait for my investments to move. Once things go sideways for btc, then it'll be much easier.

Trading was very much difficult thing since the time it came into existence and that there is nothing like that trading has one become difficult. The only thing which have changed is that there is lot of competition now and that you need to learn lot of things as well as you need to work on improving your trading strategies as well because this is something which can help you in becoming a better trader.

[Webetcoins]

With the high rate of market volatility trading has become much more difficult as you cant easliy predict the next pump or dunp

As it becomes difficult, more it will be fruitful for you. Because when things are easy, everyone tends to get into that and start earning. Soon the market for that asset becomes saturated and then losses are getting prevailed over every trader. But when things are little complex and you need some extra guts to get into this world and can handle complex things, only then profits can be earned.