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roflmao129
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March 23, 2018, 05:22:52 PM |
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I think that it is good. Although there are many traders, I do not think that all of them know how to trade in a good way. Many of them will definitely lose their money. Therefore, it is a chance for us to beat them and earn money from others's pockets
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contactmike1
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March 23, 2018, 05:51:06 PM |
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More traders only mean more money and liquidity. When you are experienced person, you can keep calm and hold, or set up alarms and stop losses, but all newbies loose their money and all what they loose, other participants gain
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Tungsten-1
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March 23, 2018, 07:54:30 PM |
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More traders are showing the trend that investing in Bitcoin is popular and that many people are looking for the ways to make money with Bitcoin.
But how many of them are good and skilled traders, or even professional ones, and how many of them just count on their luck and think that trading is easy money? I think the later group is biger. And that doesn't actualy help the cryptocurrency community.
The point that really matters is the number of investors that are spending money in bitcoin. If there are many traders then it means they all buy bitcoin at some time and it will definitely decrease the supply and increase the demand. This will give more value to bitcoin. Contrary to this, bitcoin is not going to die by the wrong decisions of novice traders. Even if they give up on trading and leave it totally, bitcoin will grab new traders. |
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glavos
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March 23, 2018, 08:48:00 PM |
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More traders is always a good thing, especially for proffesional traders as they are gonna make so much more money.
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tonjeng didejeh
Newbie
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Activity: 84
Merit: 0
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March 23, 2018, 09:14:33 PM |
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when there is a big income then there people will gather, the more traders the better it will be because the higher the value of a coin
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justicesquadron
Member
Offline
Activity: 215
Merit: 10
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March 23, 2018, 09:22:37 PM |
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More traders are good of course, firstly it is good for the market as a whole, secondly for ordinary people who want to quickly buy or sell some coin.
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Dwarf42
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March 23, 2018, 10:55:55 PM |
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I’ve been wanting and taking my time to enter the trade game. But before I do, just wanting to know the prod and cons of having a lot of new traders coming in.
Trading is much more safer and easy to learn. I’ve been preparing myself for months now and wanted to start my journey here in bitcointalk. But like me? New Traders are comming in fast. Will it be a good sign to our world of crypocurrency? Or will it affect the competition inside?
I think that the more trader it is, the more risky and unpredictable it will be. It can be seen that many traders appear to make the price of bitcoin fluctuate a lot and not rheo specific trend and clear that the situation of FAM and FUD will occur more so the market is in a downward trend. will probably continue to fall further as the investors do not have the knowledge and experience to enter the market. |
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cicciobtc
Legendary
Offline
Activity: 1148
Merit: 1001
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March 23, 2018, 11:11:36 PM |
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I’ve been wanting and taking my time to enter the trade game. But before I do, just wanting to know the prod and cons of having a lot of new traders coming in.
Trading is much more safer and easy to learn. I’ve been preparing myself for months now and wanted to start my journey here in bitcointalk. But like me? New Traders are comming in fast. Will it be a good sign to our world of crypocurrency? Or will it affect the competition inside?
I think that the more traders there are, the better it will be for this world because it increases the volumes of trade and therefore the interest in this world. Also if there are more traders and easier to emerge if you're better than others. |
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margert
Member
Offline
Activity: 224
Merit: 10
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March 23, 2018, 11:32:55 PM |
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I’ve been wanting and taking my time to enter the trade game. But before I do, just wanting to know the prod and cons of having a lot of new traders coming in.
Trading is much more safer and easy to learn. I’ve been preparing myself for months now and wanted to start my journey here in bitcointalk. But like me? New Traders are comming in fast. Will it be a good sign to our world of crypocurrency? Or will it affect the competition inside?
I think the market is more and more complicated and difficult to multi-monks due to the volume of amateur trader has increased sharply causing the market to become depressed and the price of bitcoin always fluctuate gradually. Therefore, the trade becomes extremely difficult, the phenomenon of FOMO and FUD will occur more. |
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kripto para
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March 24, 2018, 07:02:28 PM |
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First the new traders will drive the price up (Just like in December) but once there is correction exactly these new traders will start panic selling (just like in January).
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Scavagers
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March 25, 2018, 02:52:34 PM |
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I’ve been wanting and taking my time to enter the trade game. But before I do, just wanting to know the prod and cons of having a lot of new traders coming in.
Trading is much more safer and easy to learn. I’ve been preparing myself for months now and wanted to start my journey here in bitcointalk. But like me? New Traders are comming in fast. Will it be a good sign to our world of crypocurrency? Or will it affect the competition inside?
No, I do not agree on some points. I find it hard to learn trading before, even now I do not completely understand all the concepts in trading, and it takes time to learn everything about trading and learning skills that are needed. It was not easy. So if you want to earn extremely, you can study about trading and master it. Trading will not always give you profit, sometimes you lose. As per new traders come, it can be used as an advantage because you as an experienced trader can earn from newbies who does not have any idea in trading. |
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Silberman
Legendary
Offline
Activity: 2506
Merit: 1334
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April 02, 2018, 04:30:00 PM |
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I’ve been wanting and taking my time to enter the trade game. But before I do, just wanting to know the prod and cons of having a lot of new traders coming in.
Trading is much more safer and easy to learn. I’ve been preparing myself for months now and wanted to start my journey here in bitcointalk. But like me? New Traders are comming in fast. Will it be a good sign to our world of crypocurrency? Or will it affect the competition inside?
I think that at the moment when the market is constantly fluctuating and extremely difficult to predict, the appearance of many traders will make the market become more complex and more dangerous. It can be seen that this is a very potential market and can be extremely profitable, so a lot of people go to trade to be able to exploit the benefits of the market. There is an advantage and disadvantage if there are more traders, an advantage is that the price whenever a lot of traders goes high, but the disadvantage is that you have to see the price regularly or else due to lot of traders they might withdraw their funds when the price goes high. If you are a long term holder more traders can only be a good thing, after all they push the price up yes they can push the price down as well but over the long term more traders means more money and that also means a higher market cap and they rise the price for each one of your coins that you are holding so I do not really have a problem with more traders coming into the market. |
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parthgajjar
Member
Offline
Activity: 273
Merit: 10
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April 03, 2018, 10:57:18 PM |
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I’ve been wanting and taking my time to enter the trade game. But before I do, just wanting to know the prod and cons of having a lot of new traders coming in.
Trading is much more safer and easy to learn. I’ve been preparing myself for months now and wanted to start my journey here in bitcointalk. But like me? New Traders are comming in fast. Will it be a good sign to our world of crypocurrency? Or will it affect the competition inside?
I believe that the more the trader appears, the better. You can tell that the price of bitcoin is fluctuating complex, the appearance of more and more professional and amateur traders will make the market more complex and unpredictable. So this is a new market and a lot of risk, if not enough experience you will fail at any time. |
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Quidat
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April 03, 2018, 11:15:48 PM |
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I’ve been wanting and taking my time to enter the trade game. But before I do, just wanting to know the prod and cons of having a lot of new traders coming in.
Trading is much more safer and easy to learn. I’ve been preparing myself for months now and wanted to start my journey here in bitcointalk. But like me? New Traders are comming in fast. Will it be a good sign to our world of crypocurrency? Or will it affect the competition inside?
I think that at the moment when the market is constantly fluctuating and extremely difficult to predict, the appearance of many traders will make the market become more complex and more dangerous. It can be seen that this is a very potential market and can be extremely profitable, so a lot of people go to trade to be able to exploit the benefits of the market. There is an advantage and disadvantage if there are more traders, an advantage is that the price whenever a lot of traders goes high, but the disadvantage is that you have to see the price regularly or else due to lot of traders they might withdraw their funds when the price goes high. If you are a long term holder more traders can only be a good thing, after all they push the price up yes they can push the price down as well but over the long term more traders means more money and that also means a higher market cap and they rise the price for each one of your coins that you are holding so I do not really have a problem with more traders coming into the market. How can be so sure that it would pump it out? You are only basing into a small range or just looking for long term benefits but if we do try to look at on general having more traders do signifies having lots of volume which will really be a good sign that theres an activity in the entire market unlike on having a small traders expect price movements wont really be the same compared to a market which do have lots of traders which means tendency on price increase would really be slow or volatileness wont really be that active. |
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santorinii
Newbie
Offline
Activity: 22
Merit: 0
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April 04, 2018, 08:26:20 AM |
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the arrival of new traders strongly affect the growth of cryptocurrency, many new markets grow and thrive, new news, government policies affect its growth
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Good Bo
Member
Offline
Activity: 204
Merit: 10
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April 04, 2018, 08:58:00 AM |
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I’ve been wanting and taking my time to enter the trade game. But before I do, just wanting to know the prod and cons of having a lot of new traders coming in.
Trading is much more safer and easy to learn. I’ve been preparing myself for months now and wanted to start my journey here in bitcointalk. But like me? New Traders are comming in fast. Will it be a good sign to our world of crypocurrency? Or will it affect the competition inside?
the more people who play trading it seems to be very profitable because it will automatically buy more coins and will trigger the price increase for example bitcoin coin if you know bitcoin has a very limited total supply if bitcoin is purchased by everyone in the world then bitcoin will be very expensive and hard to get. In cryptocurrency trading, trader is one of the leader who can lead or trigger the price goes up. Its not the same with forex or stox trading where trader amount is not important. So trader is very important in crypto so more buyer more increase the price. |
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TorbiK
Full Member
Offline
Activity: 448
Merit: 100
Diagon
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April 04, 2018, 09:15:48 AM |
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More traders - more counterparties. There will always be someone to sell and who to buy.
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gabmen
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April 05, 2018, 07:32:18 AM |
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I’ve been wanting and taking my time to enter the trade game. But before I do, just wanting to know the prod and cons of having a lot of new traders coming in.
Trading is much more safer and easy to learn. I’ve been preparing myself for months now and wanted to start my journey here in bitcointalk. But like me? New Traders are comming in fast. Will it be a good sign to our world of crypocurrency? Or will it affect the competition inside?
the more people who play trading it seems to be very profitable because it will automatically buy more coins and will trigger the price increase for example bitcoin coin if you know bitcoin has a very limited total supply if bitcoin is purchased by everyone in the world then bitcoin will be very expensive and hard to get. In cryptocurrency trading, trader is one of the leader who can lead or trigger the price goes up. Its not the same with forex or stox trading where trader amount is not important. So trader is very important in crypto so more buyer more increase the price. More traders basically means more market movement. Though it doesn't largely rely on the number of traders, since speculation and whale manipulation is also a factor, the more player we have in the game the bigger the chance the movement can go naturally. |
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stefany101
Full Member
Offline
Activity: 616
Merit: 103
A Blockchain Mobile Operator With Token Rewards
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April 05, 2018, 09:24:18 AM |
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I’ve been wanting and taking my time to enter the trade game. But before I do, just wanting to know the prod and cons of having a lot of new traders coming in.
Trading is much more safer and easy to learn. I’ve been preparing myself for months now and wanted to start my journey here in bitcointalk. But like me? New Traders are comming in fast. Will it be a good sign to our world of crypocurrency? Or will it affect the competition inside?
It is better to have more traders in cryptocurrency because they can contribute to increase the volume of bitcoins and altcoins in exchanges. They can also be the source of dumping and pumping the price of altcoins when they are going to trade. |
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Layonk
Member
Offline
Activity: 210
Merit: 10
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April 05, 2018, 09:42:18 AM |
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I think need many traders have knowledgeable and have any strategy regarding trading, then you can purchase frequently. Otherwise, investment is better than trading.
Saying is easier rather than to do trading. I know more people just talking but when facing the market they are not like what they already said before. If you have preparation i think you can do better rather than another who dont have planning. |
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