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Author Topic: Is it easy to trade cryptocurrency?  (Read 388 times)
whirlcoin
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March 05, 2018, 03:22:03 PM
 #41

Yes you can do trades with cryotocurrencies easily but trading is not an easy job you need appropriate skills to make profits by trading.There are lots of trading methods and strategies are available you need to study them first before start trading.
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March 05, 2018, 03:38:02 PM
 #42

Does the conventional TA works in crypto trading?
datodota002
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March 05, 2018, 04:02:53 PM
 #43

Is it easy to trade cryptocurrency?

The spread is lower that forex or it is the same?

Comment down below your opinion.

Thank you.

 Smiley
trading in crypto is far more easy than forex because crypto is not to difficult to read the chart and do some fundamental analisys. the main thing in trading crypto is we never loss, if you buy some crypto and then it drop just hold it and sell when the price up again, never loss unless you're impatient and cannot wait for long time.
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March 05, 2018, 04:40:54 PM
 #44

to my opinion, trading cryptocurrencies is not an easy job, it requires a very sensitive head with changes on the market, smart enough to predict the price fluctuation, and brave enough to buy and sell when they reach target, so an unexperienced trader can lost all of their money if they get greedy when  the price is high or too much hesitated to sell when the price too low.
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March 05, 2018, 05:54:30 PM
 #45

Is it easy to trade cryptocurrency?

The spread is lower that forex or it is the same?

Comment down below your opinion.

Thank you.

 Smiley

Instead of trading, I would rather choose holding my coins in my wallet. Trading require effort and enough study on how the price works. Bssically, if you'll just hold yout coin you will be able to reduce the risk of losing coin. Price changes unexpectedly, thus it will be unpredictable when will the price goes well. Better just add some funds and keep for a long period of time which is also same as long term investment
DanielRR1997
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March 05, 2018, 06:40:10 PM
 #46

Let's start at the beginning. You may have heard many things about what a cryptocurrency is, but you may still be searching for an understandable definition. I hear ya, I was in the same boat for a long time. Instead of getting too technical, here's the easiest way to think about cryptocurrencies:

https://www.tradingheroes.com/cryptocurrency-trading-guide-beginners/

Good Lucky !
kimochidesh
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March 05, 2018, 10:11:17 PM
 #47

Is it easy to trade cryptocurrency?

The spread is lower that forex or it is the same?

Comment down below your opinion.

Thank you.

 Smiley

Crypto currency is easy to trade. The trading platforms like Binance and HitBTC are quite user-friendly. But sometimes Trading in crypto is quite confusing because of the multiple pairs of a coin. However, the rule of High risk and High profit applies on crypto trading.
goldade
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March 05, 2018, 10:36:25 PM
 #48

It is actually easy to trade cryptocurrencies. The basis of all trading is to buy when the prices are low and sell when the prices are high enough to give profits.
However, cryptocurrency trading can be very risky if one is not very careful. Also, some people can be greedy and so do not sell at the right time hoping to make more but they are met with loss due to market crash.
I'd suggest you use Poloniex as your exchange site

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March 05, 2018, 10:59:04 PM
 #49

Is it easy to trade cryptocurrency?

The spread is lower that forex or it is the same?

Comment down below your opinion.

Thank you.

 Smiley
Right now cryptocurrency trading is easier than ever, and anyone willing to take the risk and jump on this wild ride can easily make some good profit from this market, even if you are still new all you you need to do i go with the flow, look for  what people are currently trading and invest in the top three coins in the market be paitent,and you will be on your way to making some easy money, but keep in mide that there are always risk involved, so don't invest all you have.
ufaiz50
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March 05, 2018, 11:23:39 PM
 #50

Is it easy to trade cryptocurrency?

The spread is lower that forex or it is the same?

Comment down below your opinion.

Thank you.

 Smiley
I think it is easier in forex because the information obtained from clear sources there are many and more easily available but forex takes a lot of my time so I decided to go out and switch to crypto, in cryoptco I do not have many sources of information but when viewed from a corner I see that forex and crypto are much different.

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Insanerman
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March 07, 2018, 01:50:39 AM
 #51

For me it is a difficult task, we need to have a lot of knowledge, understanding every aspect of cryptocurrency especially when we do trading. In order for us to be knowleadgeable about trading we need an actual trading, we need to experience on how to trade, there is more knowledge when we actually do a trade rather than reading.

Learn on how to read buy and selling orders, it is very important in trading.

There are many trading strategies in youtube you can watch.
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March 07, 2018, 02:01:47 AM
 #52

Is it easy to trade cryptocurrency?

The spread is lower that forex or it is the same?

Comment down below your opinion.

Thank you.

 Smiley

No one will say trade with cryptocurrency is easy, specially for newbie ( like me  ) and people who ever get lost. Trade with every product ( currency,commodities, crypto ) is same is every aspect the different is how people create their strategy to make money. Spread is lower than forex maybe yes but how you can make money is more important than spread. Try it with real money and see what happen, ready?

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March 07, 2018, 02:06:49 AM
 #53

Is it easy to trade cryptocurrency?

The spread is lower that forex or it is the same?

Comment down below your opinion.

Thank you.

 Smiley
I do not think commercial cryptocurrency is easy. Any business has its difficulties. You can see the crypto market is always cyclical and you think it will be a good opportunity for you to get rich. I suggest you look more broadly at the issue, behind the price fluctuations that whales have upset the market. So the cost of all the altcoins will follow the instructions whale suggested. Doing business in the crypto market is a lot of risk, to minimize the risk you need to learn more from the bitcointalk members.
inskraer
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March 07, 2018, 09:44:46 AM
 #54

It is easy to trade cryptocurrency here is necessary experience. I trade in long-term perspective and I receive a good profit
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March 07, 2018, 09:54:53 AM
 #55

Is it easy to trade cryptocurrency?

The spread is lower that forex or it is the same?

Comment down below your opinion.

Thank you.

 Smiley
There's no easy in trading a crypto or even forex. Forex is quite differently designed how forex and crypto in trading. I only know forex it is more on making a goodness technical analysis and more on fast earning which can happen in a minutes only a big return also is included. Crypto trading is way more easier than forex based on my co traders but the profits that can be gained in forex is bigger than crypto assets.


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March 07, 2018, 10:10:27 AM
 #56

If it talks about cryptocurrency it talks about money. Perhaps the problem for some people who had an interested in this type of currency they are disillusioned by some points like for example if you just want to have a business without studying, within a few weeks your business will totally corrupt. There's a chance for everything and it's just like learning a course just running through your minds

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March 07, 2018, 10:19:57 AM
 #57

Trading cryptocurrency is easy if we have good knowledge and good skill of trading and we must learn how to analyze market also, always learn mistake from our trading. Because trading need experience before so we can learn from it, there's have passive way and easy trade to trading we just hold bitcoin and wait until the price rise.
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March 07, 2018, 10:29:55 AM
 #58

Is it easy to trade cryptocurrency?

The spread is lower that forex or it is the same?

Comment down below your opinion.

Thank you.

 Smiley

Crypto currencies are actually best to trade as compared to the forex trades etc. This platform gains advantages of different types of trading methods such as day trades, swing trade, hi-lo trades and much more. Besides this the market is open 24/7 and all 365 days and so as to your earnings and money never sleeps here. Other markets in the world works for 5 days only and many times they are close on the important days of the years. So you see here grab the opportunity of timing and thus can keep getting trades daily without missing anything.

Is it easy? Well that questions depends upon many thing such as whether you are talking about buying low and selling high kind of trades or is it day and swing trades. The volatility could get your trade very difficult and thats it depend upon the method you choose.

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March 07, 2018, 10:39:27 AM
 #59

Its not easy to trade in crypto currency market which is highly volatile.

Buy and sell is easy but the hard thing is to know what and when to buy. The cryptomarket is very volatile, so if you are planning to do trading always put into your market what action you will do. Make your study about the specific coin and focus on your trading goals.
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March 13, 2018, 10:26:13 PM
 #60

My opinion is that, Crypto trade is not easy for everyone. Especially  crypto trade is too hard for Newbie. There are many reason in behind that. Trading means not only buy in low price and sell in high price. Need enough technical analysis knowlede about coin chart and learn how to mange  emotions. Another important thing is patience and nobody will be a good trader without patience. Also important is choose good coin and need diversify all investment.
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