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Author Topic: Bitcoin Trading!  (Read 1487 times)
rickz026
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February 03, 2018, 12:18:45 PM
 #141

For me, to be a successful trader you need to have a strategy and experience.
1. Strategy- strategy in how to buy bitcoin or when i will buy bitcoin. strategy in holding coins and strategy in selling coins.
2. Experience - experience in trading will help you to become pro in trading. if you lose in trading dont lose hope. stand up and trade again.

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rose8963
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February 04, 2018, 06:53:36 AM
 #142

I personally think to be successful in the bitcoin business and the crypto market. Skills and experience are very important. You will have to learn and exchange these things every day. Good skills will help you orient yourself, effective investment strategies. Experience will help you make the right decision at the right time. However, I value experience more important. Experience is tested, accumulated for a very long time.
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February 04, 2018, 11:24:48 AM
 #143

Not all success in bitcoin trading depends on more experienced one. What if those experiences comes to a loss because their strategy in trading in not compatible or didn't study first what he was trading.

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February 04, 2018, 11:43:03 AM
 #144

Not all success in bitcoin trading depends on more experienced one. What if those experiences comes to a loss because their strategy in trading in not compatible or didn't study first what he was trading.

It is very much possible that trading strategy may not work which you have it as we know that trading specially in crypto currency where the market is hugely volatile involves the huge risks and do posses a huge risk because you can easily lose your money while trading. So always ensure trade only upto a amount which one can afford to lose.

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February 04, 2018, 03:25:05 PM
 #145

I am a beginner in the field of bitcoin trading, want to know whether success in trading depends more on experience or on skills.
In bitcoin trading, trading techniques must be owned by the trader himself and should be able to understand market trends. In addition, our cryptocurrency trade must have a trade principle, In a way at the same time get a big profit or get a little profit but often. Maybe from a simple thing like this that must be considered first in order to successfully run trading on cryptocurrency.
These are all long talks,  all I know is that you can not have skills without having the experience on how trading works and what it’s  all about. Skills is what shows that you have an experience, so both works together. You don’t talk about skills when you don’t have any experience. So I don’t know why some people would be saying that experience makes no sense,  and that it is best to have skills, that makes no meaning.
rickz026
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February 04, 2018, 03:27:39 PM
 #146

for me? EXPERIENCE PLUS SKILLS. Experience can help you to control yourself in trading. control yourself in a way that you can control when you will buy, when you will sell and when you will hold your coin. Skills that can you learn by reading about trading, studying the flowchart and rates of coins and specially watching videos about trading.

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Happydd
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February 04, 2018, 04:04:12 PM
 #147

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 both. We need both experience and skill. But first of all have skills in that field. For example, if you want to invest in bitcoin then you have to have some bitcoin skills and understanding. Then gradually there will be more experience at the beginning.
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February 04, 2018, 10:20:48 PM
 #148

Experience and Skills are most important things you need to become a trader. Beside if you wanna earn fast or can be able to earn big amount of money everyday I think you also need a huge capital at the start Smiley. You can get more knowledge about trading by learning from some courses or just go around Trading Disscussion to read some important topic in here Cheesy

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February 06, 2018, 12:49:12 AM
 #149

Yes, In order to be good at trading you need knowledge and skills. If you are a beginner and want to go on trading don't ,you first need to know everything about trading and about cryptocurreny. Trading is not easy and also it is risky. Try to study how trading works read some articles and forum about trading in trading discussion. Then start trading with little by little capital don't start with all of your money or else you'll lose. If you want to become rich in trading take the risk but take it slow. If you knew everything about trading then you can make your capital big and so you will earn so much.

darewaller
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February 09, 2018, 07:05:56 AM
 #150

Yes, In order to be good at trading you need knowledge and skills. If you are a beginner and want to go on trading don't ,you first need to know everything about trading and about cryptocurreny. Trading is not easy and also it is risky. Try to study how trading works read some articles and forum about trading in trading discussion. Then start trading with little by little capital don't start with all of your money or else you'll lose. If you want to become rich in trading take the risk but take it slow. If you knew everything about trading then you can make your capital big and so you will earn so much.
So skills in trading is what you gain by studying lot of things about trading… uhmm… I believe that skills can help you a lot as a beginner, cause you need it to know how to trade. Without studying and having skills, you wont be able to earn anything rather you will be losing money. Experience is what you gain by trading for a long time with your skills. Experience shows that you’re an expert in what you are doing. Experience is one thing that matters a lot, even in jobs. Skills are just what kicks it off.
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February 09, 2018, 10:30:40 AM
 #151

There are pretty much different between Trading Bitcoin and Bitcoin Investing.
Those Bitcoin traders are maintain only short-term positions, staying in a trade for a maximum of a few months – but often for no more than a few hours. Bitcoin traders are also extremely price-sensitive, striving for perfect entry and exit prices and abandoning their positions immediately if they prove unprofitable. The traders should have point to set the profit targets when bearish come and stop-losses when bull. There are some exchanges that can as monitoring real time market price reference such as BitFinex, Bittrex, Bitstamp, Poloniex.
Candyeye
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February 09, 2018, 06:20:41 PM
 #152

Not all success in bitcoin trading depends on more experienced one. What if those experiences comes to a loss because their strategy in trading in not compatible or didn't study first what he was trading.

It is very much possible that trading strategy may not work which you have it as we know that trading specially in crypto currency where the market is hugely volatile involves the huge risks and do posses a huge risk because you can easily lose your money while trading. So always ensure trade only upto a amount which one can afford to lose.

Yes it is risky so it is making risk for people I will say it is time to invest for your future because more you will invest your strategy will increase likewise. Trading is something like it will give you very huge profit but it is including risk, means all is about luck if you are lucky will make you rich in short time but if you are not lucky it will be waste of money and waste of time only. Real profit is there only in investing right now.
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February 09, 2018, 11:02:57 PM
 #153

You need both experience and trading skills to be able to become a professional trader Smiley. You can learn trading skills from other traders or from trading courses but experience is different. You can't learn experience from anyone, you need to collect it by yourself step by step. Beside you should remember that nobody can become good trader after only one day, it's a long process. Go to Trading disscussion section and spend your time to read good topics in there.

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February 09, 2018, 11:45:36 PM
 #154

To get the best knowledge about trading, you can refer to the trading section on bitcointalk, which will have a lot of knowledge about trade as well as the experience of experienced people. Besides trade Bitcoin, you can learn more about altcoins as well as ICO because 2018 trend is altcoins and Tokens from ICO trading.

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February 10, 2018, 12:25:09 AM
Last edit: February 10, 2018, 09:09:07 AM by PX-Z
 #155

I am a beginner in the field of bitcoin trading, want to know whether success in trading depends more on experience or on skills.

Crypto trading is more difficult compared to a usual trading outside the crypto world. We all know that cryptocurrency has a very high volatility specially bitcoin, that makes it so unpredictable. So it's really hard for those newbies on crypto trading to start with it without any idea on how it works or doesn't have an ability of a good trader.

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February 10, 2018, 01:08:37 AM
 #156

Keep you engaged analyzing bitcoin growth every day. Use coinmarketcap.com as a referral site. Pumps and dumps are natural with crypto currencies. You need to have stable mind when the price fluctuates. This will lead you trade and earn more as you move forward. Consult with experts as well.

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February 10, 2018, 04:44:21 PM
 #157

Most comments here advising OP have experience as one of there major tool. Do we think that is actually encouraging or scary the more! I mean someone seeking for advise is told you need an experience before you get that advise. Is like asking a fresh applicant for a 5 years job experience.

I believe the appropriate advise to give to a newbie that likes to trade is, believe you can do it,
Work on yourself .
Research more to build on what you already know and discard ideas not working .
Be patient with market and
Don't risk what you can't bear to lose.
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February 11, 2018, 02:31:08 PM
 #158

I am a beginner in the field of bitcoin trading, want to know whether success in trading depends more on experience or on skills.

Trading is not a easy thing. So its not possible to make success quickly on this field. You have need  both Experience and skills. You need to judge the market. When the price starting keep low try to buy  some and sell it when in profit.  I think the success will not come in a day. So try to hard work to get the market.  Gradually you will be succeeded. Go ahead with profitable trade.

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February 12, 2018, 05:51:29 AM
 #159

For me, to be a successful trader you need to have a strategy and experience.
1. Strategy- strategy in how to buy bitcoin or when i will buy bitcoin. strategy in holding coins and strategy in selling coins.
2. Experience - experience in trading will help you to become pro in trading. if you lose in trading dont lose hope. stand up and trade again.
There is a very long list of the things which you need to learn in order to become a successful trader and alone this strategy and experience will not help you serve the purpose. You need to be very much careful while dealing with bitcoin trading as there are higher chances of loss of more money. You need to get very well prepared before going for any such thing. Otherwise, you will suffer.
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February 12, 2018, 10:16:49 AM
 #160

Yes, In order to be good at trading you need knowledge and skills. If you are a beginner and want to go on trading don't ,you first need to know everything about trading and about cryptocurreny. Trading is not easy and also it is risky. Try to study how trading works read some articles and forum about trading in trading discussion. Then start trading with little by little capital don't start with all of your money or else you'll lose. If you want to become rich in trading take the risk but take it slow. If you knew everything about trading then you can make your capital big and so you will earn so much.
Nothing can be done without knowledge if you are not having any experience you should not go for bitcoin investment as trading, because trading needs a lot of experience and luck because I have heard that luck is the most important thing. If we are doing bitcoin trading  we should go for long time trading instead of day trading because long time waiting make huge profit, I hope future of bitcoin is going to good as trading as well.
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