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Author Topic: More traders.... Good or not?  (Read 1260 times)
semutracing
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March 23, 2018, 04:52:17 AM
 #221

I think need many traders have knowledgeable and have any strategy regarding trading, then you can purchase frequently. Otherwise, investment is better than trading.

If you have prepared as much as you say then you will have no problem being one of the few that can make money in these difficult market conditions. Because I think more traders are always a good sign, most traders will lose all their money, so if you are one of the few that can make money then more trade means more profits for you and that will still be your advantage
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March 23, 2018, 05:00:42 AM
 #222

the more the traders the more volume and liquid the market is. With high volume and liquidity the charts produces good candlesticks. With these we will be able to know if the market is trending or ranging.  It is very easy to buy and sell when there is a high volume.  Wink

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March 23, 2018, 05:01:19 AM
 #223

When it comes to trading, the more the merrier! Liquidity is one of the core attribute of any market even stocks and what have you. When more trader join cryptocurrency, everybody will be creating liquid dthst will enable you to go in and out of cryptocurrency open market.

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March 23, 2018, 06:40:25 AM
 #224

more traders means more demand on the market, and obviously, more and more demand for coin, the prices will increase. this means the movement of money and transactions in the cryptocurrency market goes well and well. but still these new traders must understand cryptocurrency very well, why i can said like that, because at a certain moment these new trader doing a panic sell when theres some issue in the cryptocurrency news. this thing is really bad for the stability of price in the market.

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March 23, 2018, 07:00:24 AM
 #225

It goes without sayng that for crypto market liquidity it is a great advantage. But when crypto market regulation will come only crypto whales (and not small traders) will determine crypto market direction.
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March 23, 2018, 07:13:15 AM
 #226

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 directly affects current supply and demand ratio. I see nothing wrong in increasing of demand because it would have a trickle-down effect on the price.
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March 23, 2018, 08:52:16 AM
 #227

more traders means more demand on the market, and obviously, more and more demand for coin, the prices will increase. this means the movement of money and transactions in the cryptocurrency market goes well and well. but still these new traders must understand cryptocurrency very well, why i can said like that, because at a certain moment these new trader doing a panic sell when theres some issue in the cryptocurrency news. this thing is really bad for the stability of price in the market.

Same thinking here. I am in favor of more traders too and I am educating my friends and encourage them to trade. More traders, more demand and as the coin or token is spread to more persons, the better.More people are holding, means more scarcity the token becomes, more prices too

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Borisb52
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March 23, 2018, 08:55:55 AM
 #228

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?

A large number of traders on the crypto-currency market is not bad. This is a larger volume of bidding. There is no competition as such. So do not worry. In addition to you, no one will earn your money.
cr_liev
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March 23, 2018, 10:31:04 AM
 #229

More traders doesn't mean more educated traders. If you think trading is easy, then either you are very talented or you are naive and still have much to learn!
The answer to your question is: the more traders appear who think trading is easy, the better profit really good and educated traders get.
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March 23, 2018, 12:19:15 PM
 #230

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?

Actually new traders coming in means it will support the market a lot more than the previous picture of it. Dont look at them as normal traders but look at them as people who will be putting more money into the bitcoin or other coins and thus growing the market depth for the same. If that keeps happening then surely it is helpful for the old traders as they will have their funds locked in as being first one to enter the market. I see lot of good things as result of getting new traders on board. Its just about your imagination until what time you will find all the good stuff if you are really a good trader of all time.  Wink

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March 23, 2018, 12:25:03 PM
 #231

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?
For me it is good because earning itself  is not based on other trader but obviously it is based on you, it is based on your ability, it is based on your knowledge and it is based on your Own Strategies. If you want to earn through trading other traders are not barrier for you to achieve your goal.
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March 23, 2018, 12:34:59 PM
 #232

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.

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March 23, 2018, 12:46:44 PM
Merited by ultraminer11 (1)
 #233

I think it's good because the more crowded the market will be the higher the value of coin, so do not worry !!!
everybody in the world get together here to do trading and that's great
Yeah i think if you re a whale or a huge investor so, i think it is really good for you but to be able to do that, we need also the investors to have more volume in the market, of course the developer of a certain coin must always updating his coin to risen up its value, because if there will be no more updates, then goodbye to that coin, it would be a huge loss to you.
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March 23, 2018, 01:13:32 PM
 #234

I think it's good because the more crowded the market will be the higher the value of coin, so do not worry !!!
everybody in the world get together here to do trading and that's great
Yeah i think if you re a whale or a huge investor so, i think it is really good for you but to be able to do that, we need also the investors to have more volume in the market, of course the developer of a certain coin must always updating his coin to risen up its value, because if there will be no more updates, then goodbye to that coin, it would be a huge loss to you.
volume trading and update from developer could be the key for coin/token price.without this thing no doubt that token/coins could be shitcoin.big volume cause big volatility in market that give influence to its price

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BobBct
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March 23, 2018, 01:35:39 PM
 #235

It depends on the situation but it's a benefit in this cases the market will be moving more but the problem is it will be manipulated more often because of the traders which can actually cause to lose a trade.

 
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March 23, 2018, 01:38:22 PM
 #236

They are the one buying and selling it for profit that provides financial support to the project owners itself. And also, traders are the one responsible for a healthy buy and sell type of investment, meaning if there are more traders in a certain type of market the better that market is. So i think more trader is better.
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March 23, 2018, 01:42:04 PM
 #237

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?

Trading is not as easy as you think. It is risky and it requires experience and knowledge and recent updates to make good trading decisions. It will surely help cryptocurrency to accumulate more price if more and more people trade.



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Wilsonong222
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March 23, 2018, 01:48:00 PM
 #238

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 general rule in every market is the more trade the better. It’s beneficial to have quality trader in cryptocurrency. Since many are having good income in trading many people are being entice to do the day trading. I must correct you on your notion that trading is safe; actually it is the other way around. Trading is the most stressful task to do. You need at least spend more time on analysing data and interpret it according to the trading practices.

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March 23, 2018, 02:01:33 PM
 #239

They are the one buying and selling it for profit that provides financial support to the project owners itself. And also, traders are the one responsible for a healthy buy and sell type of investment, meaning if there are more traders in a certain type of market the better that market is. So i think more trader is better.


more traders might bring this market down . some traders only want benefits from other coins that's why they are holding their coins and then trade it when they think they can get a high profit

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March 23, 2018, 02:48:45 PM
 #240

I’ve been wanting and taking my time to enter the trade game. But before I do, just wanting to know the pros and cons of having a lot of new traders coming in.

Trading is much 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 cryptocurrency? Or will it affect the competition inside?

In general more traders there are in the market, the better it is. This for a simple reason: the more people are trading and so spending money, the higher the total market cap of cryptocurrencies will be. But we must say also that newbies are the first to get out of the market and sell, when there are some bad news...
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