rodalutor
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January 14, 2018, 08:18:39 PM |
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Is over trading a good idea? If not, why do you think it isn't? What are the pros and cons in over trading? Is it advisable u buy or sell your coin everytime you saw a slightly movement in the value of bitcoins?
It's not advisable because often such changes are very very hard to predict and will lead to you wasting time and money. Pros if you get it right is you can maximise profits but it's very very difficult to do that, I would say almost impossible. |
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yvesp110
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January 17, 2018, 03:54:24 PM |
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Is over trading a good idea? If not, why do you think it isn't? What are the pros and cons in over trading? Is it advisable u buy or sell your coin everytime you saw a slightly movement in the value of bitcoins?
It is always said that excess of everything is bad. If you will do over trading, then it will be really very much difficult for you to manage the things in a better way. You will continue to get hectic most of the times and that you will then not be able to make some good amount of money as you will then be unable to make right decisions at the right time. Do trade but only that much which you can afford to do. |
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solarion
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January 17, 2018, 04:14:55 PM |
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Is over trading a good idea? If not, why do you think it isn't? What are the pros and cons in over trading? Is it advisable u buy or sell your coin everytime you saw a slightly movement in the value of bitcoins?
It is always said that excess of everything is bad. If you will do over trading, then it will be really very much difficult for you to manage the things in a better way. You will continue to get hectic most of the times and that you will then not be able to make some good amount of money as you will then be unable to make right decisions at the right time. Do trade but only that much which you can afford to do. Trading would be worst option of investment platform for you. You will not get the return due to huge dump in all the crypto currencies. So if you over trade in this time you will be facing biggest lose in the market than ever. I see this year completely nightmare for crypto users so trading will not at all works good to make lumsum. Don't do affordable amount of investment also with the trading platform now so try to have alternative like mining or anything else. |
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suzanne5223
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January 17, 2018, 04:56:59 PM |
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Is over trading a good idea? If not, why do you think it isn't? What are the pros and cons in over trading? Is it advisable u buy or sell your coin everytime you saw a slightly movement in the value of bitcoins?
Over trading is not a good idea and it not advisable to spend much trading crypto currency. However, buying of coin due to the slight increase without studying the historic price movement, coin volume and exchange availability is also not a good idea. Besides, selling of coin because of slight increase in price is not good either cause ones need patient and wait for the maximum pump before selling. But if you're that scared you can sell some part in other to cover up your loss incase dip occur. |
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giveen
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January 17, 2018, 06:23:19 PM |
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It's a bad idea do so you might end up missing up lot of profit opportunities always have a profit goal when you achieve it set a stop loss or 10% below the price so even if the price rises you can still hold the coin and simultaneously keep increasing your stop loss when you feel this won't rise further sell it off , with this you don't miss the profit and even if price falls your profit doesn't get affected at all.
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anitaraymonds
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January 17, 2018, 06:45:23 PM |
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Over trading is not good, It leads to lose. You must have a trading plan which must be followed every day.Once you over trade you will be involved in revenge trading which which will bring more loses.
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iarkusha
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January 17, 2018, 06:49:15 PM |
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I don't understand what is overtrading. If you have strategy and use it correctly you just make entry when you have signal.
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Haladay
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January 17, 2018, 06:52:09 PM |
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Over trading is not good, It leads to lose. You must have a trading plan which must be followed every day.Once you over trade you will be involved in revenge trading which which will bring more loses.
You should obtain a balance in trading of bitcoin and altcoinis. If you can't do this, the loss will follow as you mentioned above. That's why I always provide 2-3 hours at most not to lose time and force myself into trading more frequently. This is the suitable solution I found. Don't spend too much time on trading. |
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ImSuparmin
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January 18, 2018, 04:55:02 AM |
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Is over trading a good idea? If not, why do you think it isn't? What are the pros and cons in over trading? Is it advisable u buy or sell your coin everytime you saw a slightly movement in the value of bitcoins?
the current value movement is very unstable, you must have a strong mentality to deal with it, you must be smart to choose whether you want to sell or buy it up to your conscience and your mind, use the strategy and of course pray. |
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ImSuparmin
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January 18, 2018, 04:59:42 AM |
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Over trading is not good, It leads to lose. You must have a trading plan which must be followed every day.Once you over trade you will be involved in revenge trading which which will bring more loses.
You should obtain a balance in trading of bitcoin and altcoinis. If you can't do this, the loss will follow as you mentioned above. That's why I always provide 2-3 hours at most not to lose time and force myself into trading more frequently. This is the suitable solution I found. Don't spend too much time on trading. besides that you also have to have the mental and the technique to know the rise and fall of price, it is very important, if where you experience loss in trade if mental strong will surely you will not be surprised again. |
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kololo
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January 18, 2018, 05:36:50 AM |
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I think trade very frequently is not a sensible idea.The price rise and down random in a short time, and it's is too hard to decide buy or sell. Hold the coin you believe , and sell at price in your heart is more easy to let you get money.
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ImSuparmin
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January 18, 2018, 05:52:11 AM |
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trading is a good idea for a side job, but it is very risky, you must have a way to know how the market price every day and before you also have to know more about all the trade and how to work.
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ApocalypseNow
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January 23, 2018, 06:47:49 AM |
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Is over trading a good idea? If not, why do you think it isn't? What are the pros and cons in over trading? Is it advisable u buy or sell your coin everytime you saw a slightly movement in the value of bitcoins?
Of course it has a negative effect. If you keep buying, you end up with nothing left to buy for other coins that are more promising than those coins that you bought. And the way you trade is like you never sleep. Keep it balanced. |
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inskraer
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January 24, 2018, 08:26:32 PM |
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Trade, in my opinion, is the most profitable. But this is also the most risky way. The main advantage is the experience
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exchange.blue
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January 24, 2018, 08:33:27 PM |
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Is over trading a good idea? If not, why do you think it isn't? What are the pros and cons in over trading? Is it advisable u buy or sell your coin everytime you saw a slightly movement in the value of bitcoins?
Whats over trading? lol Traders trade to make profit... how can you over trade ? |
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blue_nexus15
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January 24, 2018, 08:45:20 PM |
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Is over trading a good idea? If not, why do you think it isn't? What are the pros and cons in over trading? Is it advisable u buy or sell your coin everytime you saw a slightly movement in the value of bitcoins?
Whats over trading? lol Traders trade to make profit... how can you over trade ? Trading in the moment is an unsafe option because the market is going down and it is unlikely that any investor wants to trade in such a time. Trade is only profitable when the market rebounds and goes up and you can profit a lot but now the most appropriate way to invest in me is to keep and invest ICO, these two ways do not help you worry too much when the market fluctuates. |
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exchange.blue
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January 24, 2018, 08:54:12 PM |
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Is over trading a good idea? If not, why do you think it isn't? What are the pros and cons in over trading? Is it advisable u buy or sell your coin everytime you saw a slightly movement in the value of bitcoins?
Whats over trading? lol Traders trade to make profit... how can you over trade ? Trading in the moment is an unsafe option because the market is going down and it is unlikely that any investor wants to trade in such a time. Trade is only profitable when the market rebounds and goes up and you can profit a lot but now the most appropriate way to invest in me is to keep and invest ICO, these two ways do not help you worry too much when the market fluctuates. Why bother replying when you don't have slightest idea of what you're talking about? Do you think people will read your nonsense and hurry to click on your signature link, because your reply was so genius?  ofcourse its unsafe if you don't know what you're doing! lol |
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JesusCryptos
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January 24, 2018, 10:44:50 PM |
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I guess usually this is a bad idea because it makes you lose a lot of time for very little gains. However, if you are moving very large capitals, even speculating on little differences of the price could lead to profits which are worthy. There has been one case when I could make quite some money just with arbitrage, several thousands $ for a sleepless night of arbitrage.
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The_Dark_Knight
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January 25, 2018, 02:41:10 AM |
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Is over trading a good idea? If not, why do you think it isn't? What are the pros and cons in over trading? by definition, over-trading is a bad idea. it means you are hyper-focusing on short time frames and getting shaken out of good positions. it means you are selling your winners too early. there are not pros. the cons: you lose good positions, you get frustrated and lose money selling into bear traps, you sweat small movements on low time frames when you could be spending that time more productively. Is it advisable u buy or sell your coin everytime you saw a slightly movement in the value of bitcoins?
absolutely not. the best way to survive and profit from this market is position trading. both mainstream investors and hedge funds have arrived (yes, including altcoins). that means buying dips from panic traders (perhaps like yourself  ) and holding through drawdowns. the trend is your friend. Another problem is that over trading creates a taxable event, if you buy for 21 and sell for 22 you obtained gains that you need to pay taxes for, the more you make these small trades the more taxes you generate and the more money you lose to the government, also your accountant will go crazy trying to declare your taxes and if we add bitcoin on the top then the possibilities of mistakes occurring become quite high, that is why the common strategy of buying and holding not only gives more profits but also makes it easier to pay your taxes. |
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exchange.blue
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January 25, 2018, 04:15:51 PM |
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Is over trading a good idea? If not, why do you think it isn't? What are the pros and cons in over trading? by definition, over-trading is a bad idea. it means you are hyper-focusing on short time frames and getting shaken out of good positions. it means you are selling your winners too early. there are not pros. the cons: you lose good positions, you get frustrated and lose money selling into bear traps, you sweat small movements on low time frames when you could be spending that time more productively. Is it advisable u buy or sell your coin everytime you saw a slightly movement in the value of bitcoins?
absolutely not. the best way to survive and profit from this market is position trading. both mainstream investors and hedge funds have arrived (yes, including altcoins). that means buying dips from panic traders (perhaps like yourself ) and holding through drawdowns. the trend is your friend. Another problem is that over trading creates a taxable event, if you buy for 21 and sell for 22 you obtained gains that you need to pay taxes for, the more you make these small trades the more taxes you generate and the more money you lose to the government, also your accountant will go crazy trying to declare your taxes and if we add bitcoin on the top then the possibilities of mistakes occurring become quite high, that is why the common strategy of buying and holding not only gives more profits but also makes it easier to pay your taxes. What is over trading? Seems like most of you are oblivious to the definition of the things you say. |
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