More traders.... Good or not?

[bocyaj]

If the traders is increased means,it will be good.By that the probability of loosing huge money by the single trader will be reduced at the time of price fall.But you have to enter into trading after getting deep knowledge about it.Or else you will lose some dollars .

[btc.xbt.btc]

It's not necessarily the number of traders but more the fact that a lot of the latter joining traders are very inexperiences and emotional. They are the root cause of the increasing number of heavy fluctuations there are in cryptocurrency.

[Kunzaii]

The more traders, the more volume, the more interest of the people. Markets will get less volatile (imo that's a good thing).

[hatun]

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?

If you are wise, knowledgeable and have any strategy regarding trading, then you can purchase frequently. Otherwise, investment is betrer than trading.

[PonyBoy]

More traders always good ! More trader more money ! More stupid trader more stupid money ! More stupid money - easy money for experience trader !

[Nahl]

new traders has appear everyday but only several from them has being success traders and able to get profit even big profit and i think more traders means more people to buy coins which mean it will increasing more demand too with automatically the price will possible to increase but regarding the profit it depend on the person themself and trading is not competitions

[jsrenthourse]

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 with a market that is moving at the moment, increasing the number of trader is a very good thing for the market, it will make the market more stable and not be dominated by a Smaller numbers, but a large number of bitcoins dominate the market. Therefore, the increase in the number of trader will be more stable.

[rehana90]

Of-course good. More trader means more cash, more options, more profit.

[martin1221]

Being in a more traders in crypto has a advantages and disadvantages. The advantage is volume in some exchanges will increase and has a more possibility that coin prices will be up. Disadvantage is you have competitors to that coin you want to trade for.

[TheUltraElite]

It's not necessarily the number of traders but more the fact that a lot of the latter joining traders are very inexperiences and emotional. They are the root cause of the increasing number of heavy fluctuations there are in cryptocurrency.

Albeit it was the cause of the dump that happened in crypto in the Q1 of this year. These young blood dont know a thing about trading and thought that they could make some easy cash from crypto and thus joined the bandwagon. What they did not expect is the sudden dump that may occur after a huge pump and thus heart-attacks followed and people had to panic sell all the way back to 8k USD.

Now it is a slower and a steadier growth for crypto. I am hoping this bull run will stay for some time.

[Donationcoin]

Yeah for sure more traders always is good , becose its more new money come on markets which u can take becose somebody buy for high when you sell

[Rdrrakel]

Yeah for sure more traders always is good , becose its more new money come on markets which u can take becose somebody buy for high when you sell

You goddamn right! We need to sell our coins to someone. And that is why we need new traders.

[HeatherRamsey]

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?

Many traders are extremely good at it. many people invest. The value of btc and altcoin will also be increased

[speedy1987]

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 traders in to crypto world are good which means we will get more order which in turn gives us more profit. more than experienced traders there are many newbies who joined the cryptoworld are many who usually sell their coins of panic where the experience traders will wait for the right time to sell which wont be happened as like as the newbies do. Newbies should not directly enter into trade until well gained about the knowledge of cryptoworld which may lead to loss of money, and we also have to guide them. Getting more traders will also increase the value of bitcoins.

[healthcarep]

I think it is good for everyone. Because more trader more trade and market goes to higher and higher day by day. It is true that it make very challenging for all.

[Question123]

If they have a lot of new traders the possible happen to other cryptocurrency coin will increase.  Because those newbie will buy more coin so if you have that coin that increase you will be lucky because you get profit.  I don't see any competetion to newbie or more traders because it is huge effect to us because we can increase the coin very high if we have a lot of traders here in crypto world it is not problem. I hope mofe new traders will come.

[deppil]

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.

Yeah its impact will be more for the older trader because they will get a higher price than before because of the impact of increasing new traders that make the demand growing. so it can not be said 100% good for all users. maybe only for the old trader only. but for the whole it is good for the cryptocurrency market

[inskraer]

The market grows when new traders come and respectively grows demand. Be they ready to the risks in trade

[richkellj]

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 traders in to crypto world are good which means we will get more order which in turn gives us more profit. more than experienced traders there are many newbies who joined the cryptoworld are many who usually sell their coins of panic where the experience traders will wait for the right time to sell which wont be happened as like as the newbies do. Newbies should not directly enter into trade until well gained about the knowledge of cryptoworld which may lead to loss of money, and we also have to guide them. Getting more traders will also increase the value of bitcoins.

The ultimate profit will be to bitcoin world. They will be more popular and famous. Right now as more people come to know about bitcoins and more are coming every day. Likewise, when the market will be saturated and people will be more than bitcoins themselves, then the developing team will have to extend the number of bitcoins. We all must invite other people in this world of crypto.

[IviN*nd]

Crypto is extremely influenced by supply and demand. That's why we need new traders for the crypto market functioning.