spyerf
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January 13, 2018, 10:15:16 AM |
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I am a beginner in the field of bitcoin trading, want to know whether success in trading depends more on experience or on skills.
I think it's not that simple, both are needed, experience and skills should go together and patience is just as important. So if you are a beginner, you better learn more in the field before going to the field.
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Aamir1
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January 13, 2018, 11:41:31 AM |
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Both are equally important. You need skills to know how to manipulate the trades, and experience to know the market movements to an extent. Skills actually come with experience itself. The more experience you have, the better your skills will be at something. Though predicting the price of Bitcoin or any other digital currency with 100% accuracy is not possible, but people with experience easily manage to earn their profit with their analyses and skills.
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Zackgeno96
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January 13, 2018, 12:21:04 PM |
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I am a beginner in the field of bitcoin trading, want to know whether success in trading depends more on experience or on skills.
As the bitcoin market is extremely volatile, it requires lot of experience to predict the market situation and act according to the changing equations. It also required certain trading skills if you want be a successful in the trading, so as per me both experience and skills are the main key to become a successful trader.
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reda
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 13, 2018, 08:13:32 PM |
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I am a beginner in the field of bitcoin trading, want to know whether success in trading depends more on experience or on skills.
As the bitcoin market is extremely volatile, it requires lot of experience to predict the market situation and act according to the changing equations. It also required certain trading skills if you want be a successful in the trading, so as per me both experience and skills are the main key to become a successful trader. Trading is good for the future transaction process. It will connect the all country people for the transaction process. Trading process is not to easy to process you will invest the trading process. Then you will learn process before you will invest. It time to process. So you will time to active. You will connect the people so you will communicate with people for the transaction process. You will check the all process. You will check account details before you willl trading process. So you will time to accet.
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1Referee
Legendary
Offline
Activity: 2170
Merit: 1427
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January 13, 2018, 09:27:03 PM |
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I think it's not that simple, both are needed, experience and skills should go together and patience is just as important.
In most cases experience and patience is a solid plus in this market, but in current times the market, especially the altcoin market, has turned so wild, that even experienced traders are struggling badly. I personally had taken a short break from trading due to that, and have started to trade again after everything has calmed down a bit, where right now the market is more or less predictable due to how repetitive the movements are. I thrive on these repetitive movements, and as long as the market remains calm (calm in the way that it doesn't constantly increase to higher levels), I'll keep trading. As soon as I notice that we have broken through this calm period, or consolidation phase, I will take a break again. It's almost impossible to trade against a constantly increasing market like what we have seen when the market went up from sub $10,000 all the way till almost $20,000. So if you are a beginner, you better learn more in the field before going to the field.
Huh? You learn in the field before going to the field? ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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Bdstar
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January 14, 2018, 01:07:47 AM |
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I am a beginner in the field of bitcoin trading, want to know whether success in trading depends more on experience or on skills.
I think trading is the most profitable platform for earning Bitcoin and get a rich person within a short time if you can manage it properly. so that you have chosen the best platform for making money. You have to keep watching on the price trend line, also you have to observe the market with a view to investing on other coins, also features of cryptocurrency would be helpful for choosing your site. But self-analysis is the best method for trading in this platform.
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kpcian
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January 14, 2018, 01:47:57 AM |
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I am a beginner in the field of bitcoin trading, want to know whether success in trading depends more on experience or on skills.
Bitcoin trading is the riskiest and the most profitable platform, Though you have to invest in a decentralized platform so that you have to take a risk without any regulation or controlling criteria. day by day this platform is becoming a profitable platform for making money and earning the profit. I think if you have the market analysis power as like local share market then you could join in this platform for the purpose of making a profit. But you need to invest a little bit more money because the price of Bitcoin is getting high day by day.
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Md Saad
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January 14, 2018, 02:11:31 AM |
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I am a beginner in the field of bitcoin trading, want to know whether success in trading depends more on experience or on skills.
Bitcoin trading would be the best platform for making money and gaining a huge profit within a short time. But you need to be an expert on the market trend, you have to gather a lot of information regarding this issue. you must have to be patient when you will start this trading, never lose your hope and take a proper step. I think you have to think a lot of time before your trading. if you could what I mentioned before then you can succeed.
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adamlillian
Member
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Offline
Activity: 459
Merit: 10
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January 14, 2018, 07:00:46 AM |
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I do not think trading is a good method for a newbie. I think you should improve your knowledge by learning google and youtube. Find out if you decide to invest in bitcoin. There is a safer method that is mining and working for the project, you will be getting some money when you have finished it. Hope you have a good decision
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logicgate
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 14, 2018, 07:07:19 AM |
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I am a beginner in the field of bitcoin trading, want to know whether success in trading depends more on experience or on skills.
Bitcoin trading would be the best platform for making money and gaining a huge profit within a short time. But you need to be an expert on the market trend, you have to gather a lot of information regarding this issue. you must have to be patient when you will start this trading, never lose your hope and take a proper step. I think you have to think a lot of time before your trading. if you could what I mentioned before then you can succeed. Bitcoin and all other cryptocurrencies has actually helped number of people in resolving their issues regarding money and that now most of them are making out some good amount of money as well. For bitcoin trading, you actually need to learn lot of things and make yourself as much learned man as you can. Without that thing, you cannot think of making anything profitable.
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doaremon
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January 14, 2018, 02:10:43 PM |
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Of course Bitcoin trading is the best trading platform. Now a day Bitcoin is becoming famous for trading. Not only that Bitcoin is also accepted by many companies. Not only that Bitcoin is also the being taken positively through out the whole world. For trading Bitcoin is one of the best way. Because it is easy to trade. The price of Bitcoin is more or less unstable. As a result of which though there is a chance of loss but there is a chance of huge profit also. Bitcoin is also easy to handle. The transaction of Bitcoin is also easy rather than any other currency.
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boyptc
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January 14, 2018, 04:34:54 PM |
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I do not think trading is a good method for a newbie. I think you should improve your knowledge by learning google and youtube. Find out if you decide to invest in bitcoin. There is a safer method that is mining and working for the project, you will be getting some money when you have finished it. Hope you have a good decision
It's a good idea for a newbie if he really wants to learn about it. I have friends who are newbies in trading, they don't have an idea on how it works, they don't know stock market and they don't know cryptocurrencies. As in they are all newly born to this technology but after talking to them for several times I have seen their progress. They started out with cheap coins for their small investment and so far they have grown 5% with TRX, so it at peak and now they have bought at dip and waiting again for an increase.
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mostkey
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January 14, 2018, 05:41:29 PM |
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Of course Bitcoin trading is the best trading platform. Now a day Bitcoin is becoming famous for trading. Not only that Bitcoin is also accepted by many companies. Not only that Bitcoin is also the being taken positively through out the whole world. For trading Bitcoin is one of the best way. Because it is easy to trade. The price of Bitcoin is more or less unstable. As a result of which though there is a chance of loss but there is a chance of huge profit also. Bitcoin is also easy to handle. The transaction of Bitcoin is also easy rather than any other currency.
all that bitcoin possesses has been seen by its potential traders, and proved to be a very potential bitcoin for investment. and profitable for trading. today many successful trades with bitcoin with average profit earnings reach 10% / day. I prove this with the trading of crypto currency, and I experienced it, crypto currency is very easy to trade. this will not be difficult for beginners
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Sadlife
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January 14, 2018, 06:00:24 PM Last edit: January 14, 2018, 06:14:39 PM by Sadlife |
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It's true that experience and skills are needed in trading but also you need to come up some strategy to when to buy or when to sell. Crypto currency is the most profitable in the industry of trading but it also very volatile, so you might also experience big gains and huge lose. That's is why it is very important to do some analysis before investing to an crypto currency.
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rhamzter
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January 15, 2018, 06:14:07 AM |
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Of course Bitcoin trading is the best trading platform. Now a day Bitcoin is becoming famous for trading. Not only that Bitcoin is also accepted by many companies. Not only that Bitcoin is also the being taken positively through out the whole world. For trading Bitcoin is one of the best way. Because it is easy to trade. The price of Bitcoin is more or less unstable. As a result of which though there is a chance of loss but there is a chance of huge profit also. Bitcoin is also easy to handle. The transaction of Bitcoin is also easy rather than any other currency.
all that bitcoin possesses has been seen by its potential traders, and proved to be a very potential bitcoin for investment. and profitable for trading. today many successful trades with bitcoin with average profit earnings reach 10% / day. I prove this with the trading of crypto currency, and I experienced it, crypto currency is very easy to trade. this will not be difficult for beginners I agree bitcoin trading is one of the best source of income, I think if most of the users can't using trading as their job they cannot earned high amount of income. Moreover this trading in crypto currencies are much profitable if you can get the system of buying and selling of crypto currency in the market.
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normanderecho
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 15, 2018, 08:11:05 AM |
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Of course Bitcoin trading is the best trading platform. Now a day Bitcoin is becoming famous for trading. Not only that Bitcoin is also accepted by many companies. Not only that Bitcoin is also the being taken positively through out the whole world. For trading Bitcoin is one of the best way. Because it is easy to trade. The price of Bitcoin is more or less unstable. As a result of which though there is a chance of loss but there is a chance of huge profit also. Bitcoin is also easy to handle. The transaction of Bitcoin is also easy rather than any other currency.
all that bitcoin possesses has been seen by its potential traders, and proved to be a very potential bitcoin for investment. and profitable for trading. today many successful trades with bitcoin with average profit earnings reach 10% / day. I prove this with the trading of crypto currency, and I experienced it, crypto currency is very easy to trade. this will not be difficult for beginners I agree bitcoin trading is one of the best source of income, I think if most of the users can't using trading as their job they cannot earned high amount of income. Moreover this trading in crypto currencies are much profitable if you can get the system of buying and selling of crypto currency in the market. For me both of that is important because in trading you need a experience to how to trade and if you have a experience you easy it to trade and skills is also important because you can trade it in your trayegy and you put it in your mind if your trading is good.
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Granxis
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January 15, 2018, 03:15:34 PM |
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It's true that experience and skills are needed in trading but also you need to come up some strategy to when to buy or when to sell. Crypto currency is the most profitable in the industry of trading but it also very volatile, so you might also experience big gains and huge lose. That's is why it is very important to do some analysis before investing to an crypto currency.
I think the concept of experience is very experienced, an experienced trader knows when to buy, when to sell. If he/she do not have this information, he/she can not become an experienced trader. Most importantly, an experienced trader can see all speculative actions, and avoids speculative actions whenever possible.
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batang_bitcoin
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 15, 2018, 03:45:35 PM |
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It's true that experience and skills are needed in trading but also you need to come up some strategy to when to buy or when to sell. Crypto currency is the most profitable in the industry of trading but it also very volatile, so you might also experience big gains and huge lose. That's is why it is very important to do some analysis before investing to an crypto currency.
The strategy you are mentioning is very easy, you just need to sell at higher price and buy when its low. I dont know if there are other strategies that you can come up with. But thats the most effective way of trading, you dont have to be skilled, you just need basic knowledge and proper timing.
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Rent this sig space so that BTC goes to $100k.
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jayhawk1
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 18, 2018, 05:36:57 AM |
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Of course Bitcoin trading is the best trading platform. Now a day Bitcoin is becoming famous for trading. Not only that Bitcoin is also accepted by many companies. Not only that Bitcoin is also the being taken positively through out the whole world. For trading Bitcoin is one of the best way. Because it is easy to trade. The price of Bitcoin is more or less unstable. As a result of which though there is a chance of loss but there is a chance of huge profit also. Bitcoin is also easy to handle. The transaction of Bitcoin is also easy rather than any other currency.
all that bitcoin possesses has been seen by its potential traders, and proved to be a very potential bitcoin for investment. and profitable for trading. today many successful trades with bitcoin with average profit earnings reach 10% / day. I prove this with the trading of crypto currency, and I experienced it, crypto currency is very easy to trade. this will not be difficult for beginners I agree bitcoin trading is one of the best source of income, I think if most of the users can't using trading as their job they cannot earned high amount of income. Moreover this trading in crypto currencies are much profitable if you can get the system of buying and selling of crypto currency in the market. Bitcoin trading is actually a very good way of making more money but the fact is most of the traders which are busy in trading of crypto currencies are not bitcoin as trading coin. Instead, they are trading using the coins like that of altcoin etc. As such kind of coins are more effective when it comes to short term investment of money and day trading. Bitcoin is primarily used for long term investment of money.
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vijendra singh
Newbie
Offline
Activity: 148
Merit: 0
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January 18, 2018, 05:59:47 AM |
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Dear friend, Bitcoin trading doesn't need huge experience but what you need to have is patience. As I have observed bitcoin trading is based on 3 words 1.Greed 2. Regret and 3. Patience.
If you have control over these things, you can become successful trader.
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