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Author Topic: More traders.... Good or not?  (Read 1756 times)
astridplomp
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February 16, 2018, 07:35:51 AM
 #121

I think there are pros and cons in this rising number of traders. Pros is the more demands for bitcoin making the price gets higher everyday, more profit for investors. However the cons can be enormous, too much traders make the exchanges overloaded, many transactions are delayed because of too much transactions in short time, the fee gets higher in order to solve the delays but not much results.

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SmokerFace
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February 16, 2018, 10:25:11 AM
 #122

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?
More investors = More profits for another investors Bitcoin value will not get high if there's no investment or money that entering in market so it means if there's alot of new investors will come the more profits will come because Buy walls will break in the market, As we see if big investors withdrawing their bitcoins when have an events like Christmas, New year or other important events the Bitcoin value will get dumped means the supplies are increasing.
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February 16, 2018, 11:00:12 AM
 #123

I do not see anything wrong with a lot of traders. On the contrary, it's good. This means that new money enters the market and the market of crypto currency is increasing. And this is good.
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February 16, 2018, 11:49:49 AM
 #124

I think it's pretty good because they will serve to more nonvolatile markets and I think It's more suitable for crypto's future.

trananh1996
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February 16, 2018, 11:49:55 AM
 #125

As many traders as possible. It makes the market more exciting. And makes the coins more valuable when there are people involved in trading.
Emperor of Man
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February 16, 2018, 12:48:05 PM
 #126

The increasing number of crypto traders is definitely a good thing. It means more money and trade volume, and it shows that we are closer to the mass adoption of cryptocurrency which we always dreamed about. Smiley
uelque
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February 16, 2018, 01:30:03 PM
 #127

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 number of traders will surely affect price like as many said. But for me it will still depend to you, no matter how larger the volume is, or how many the traders are, if you still can't manage to become a good trader you'll always loose. Think of these, when trading is not so much popular a lot of people still loose on their game. Same today, a lot of people are trading compared before but still I believe nothing changed on the competition, only the prices.
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February 17, 2018, 04:04:03 AM
 #128

Actually if the number of trader are increase the the volatility will be more extreeme. It is not so good for me, I apt to long term investors, I like to gain pasive income, actually there are some coin that provide it. https://dimensions.network/en/calculator it just for example of the reasom why I apt to become long term investor, This project is one of best project that will give cryptocurrency holder many benefits, its ICO is live until 24 feb. If the number of trader are increase then it will influence my income as well.

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February 17, 2018, 04:24:55 AM
 #129

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?

Crypto Trading is not that easy as you say. You need to control your emotion, always follow your plan and stick with it. if you get caught by a sudden price dump you must know how to handle your exit. accept you loss. make your loss minimum compare your gains. There are too many ways to learn in crypto trading because it is too volatile.

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February 17, 2018, 08:16:45 AM
 #130

Its not easy to be a trader even if you keep only reading and not doing in actual because not all traders gain from trading, they also lose.
Profit and loss are the game points that are always accompanied with any business deal. Either you win or you lose but both cases can help you to improve better. In trading, one must keep a better check about what mistakes he had done in past that had affected the performance. These practices can people to become successful in trading and hence more will come by seeing them establishing and flourishing.
Qartersa
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February 17, 2018, 08:34:53 AM
 #131

I think the increasing number of traders is good because there will be more circulation of money, hence, it is the ideal situation for an economist's point of view. It is like a business with increasing number of competitors, they indirectly force one another to drop prices because of the increased supply, which is good for people who are holding their investments and for people who are winning every trade they get themselves into. Thusly, it is good for all traders too because there will be lesser pressure and lesser chances at losing big amounts. You see here cause and effect scenario which is pretty much accurate in terms of trading.  
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February 17, 2018, 11:17:51 AM
 #132

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?
We can see that the Cryptocurrency market has changed dramatically in the past year. After the successful 4.0 revolution, Bitcoin emerged as a gold bullion in many countries around the world. Its also increased very fast.
Over the past year there have been a lot of people learning and participating in business because of the huge profits from the trade. More and more trader will appear in the market will make the market more diverse and predictable, but also less dominant.
Crislyn4116
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February 17, 2018, 12:37:22 PM
 #133

If no trader your set will not buy or if you want to buy i dont have get to buy. So if there has many traders the sell or buy it get fast. The more traders the more coin can hold and thats why the coin will pump but if the trader is weak hands the price will be dump. There are many trader that can control the price thats could whale.

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February 17, 2018, 02:15:34 PM
 #134

I am more than happy for many traders to come up with a coin that they carry and do not lose to do it and I think that when traders are small, there are no altcoins or tokens to be released.
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February 17, 2018, 04:03:03 PM
 #135

I think its good to have more traders, that means that a lot of people now actually believe in the world of crypto currency and entering in crypto trading. Its how we become a good trader that matters, how we control our emotions and continuous learning in this industry. 
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February 17, 2018, 04:15:29 PM
 #136

Of course, the more traders mean more chance for bitcoin price ti increase. And it is good news for us traders. Just like how the law of demand and supply goes.
When this happens, bitcoin will become more popular and shall have greater value.


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Haladay
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February 17, 2018, 04:39:07 PM
 #137

I think its good to have more traders, that means that a lot of people now actually believe in the world of crypto currency and entering in crypto trading. Its how we become a good trader that matters, how we control our emotions and continuous learning in this industry. 

This is discussed very commonly nowadays but there is no reply to this dilemma. More traders looked better to me frankly. It would make the market deeper and richer, it seems. Less trader is not good.
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March 04, 2018, 05:53:40 PM
 #138

Actually if the number of trader are increase the the volatility will be more extreeme. It is not so good for me, I apt to long term investors, I like to gain pasive income, actually there are some coin that provide it. https://dimensions.network/en/calculator it just for example of the reasom why I apt to become long term investor, This project is one of best project that will give cryptocurrency holder many benefits, its ICO is live until 24 feb. If the number of trader are increase then it will influence my income as well.
Market will not be saturated soon so don’t worry for the entries of traders every day. Bitcoin or crypto are becoming famous if here we are talking about more traders coming into this world, it is a good chance for cryptocurrency  to take over other currencies. As far as traders are concerned, so yes if basic traits are implemented by newbie traders, they can turn them to an expert on but it will take time.
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March 04, 2018, 06:01:55 PM
 #139

It's 100% good.

More trader coming means more money come to crypto. Hence increase crypto market cap.

This also means that trading will get more popular, which means that more inexperienced traders will start trading, which is bad for them as they lose lots of money. Although increasing market cap is always a good thing for older traders. So i wouldn't name it 100% good, as it's not good for everyone.

 
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March 04, 2018, 06:20:25 PM
 #140

I think it'll make the cryptocurrency market better than before Smiley. More trader that also mean more money invested in the market, it'll make the trading volume of cryptocurrency increases very quickly. Beside more people interested in crypto trading will make Crypto world become more popular than before and it also help cryptocurrency legalized faster Smiley

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