More traders.... Good or not?

[surbanaB]

In my opinion, if the market has more traders it will be better. They crowded the market excitedly. As such, new prices may rise. But if more people enter the market, it will make the market more complicated and more difficult to make a profit.

In my point of view that more traders bring us both advantages and disadvantages. When appearing more traders, the amount of money we get will definitely increase and we will have provided many chance to take trading. In another way, as we know that if the market packs with many traders, it probably makes this market become much more complicated, that may lead to lots of troubles. Cryptocurrency is going more developed these days, it’s more likely to have more traders which can make us get many difficulties.

[bettercrypto]

It is better to have a lot of traders since the market fluctuates depend upon the number of people who buy and sell. If there are many traders expect that the price is so volatile, like what happens everytime in bitcoin. I don't think that traders compete each but I think that the best trader always win the cryptocurrency game.

[pcoot]

I think this is a good thing, because as more and more people join the trading market, people's demand for money will be higher and higher, and the value will be higher and higher.

[guojii]

For more traders, I think it would be a good thing for the trading market. As more people join in, demand will increase. The value of money will also become higher and higher with the needs of people.

[Genovese]

This is an interesting question - in theory more traders would or could mean more adopters, and in crypto we have seen that more adopters de facto means more value for a coin. So if traders would also be "seduced" by the coins they trade and they start to adopt them, this would surely be a great benefit.

[ASHLIUSZ]

More the traders more will be the existence of trading market place. This will help with the ease of trading and another thing it reduces the risk of having bitcoin and its usage. Right now as we have countable number of market place to trade cryptocurrency it is easy for governments to take control of it. When market place keeps counting it won't be possible.

[dkkoi5]

I think more traders are entering and should be a good thing. Because as more people join in, the demand will be many. After people have more demand for money, the value of money will become higher and higher.

[karnwillbit]

In my opinion, if the market has more traders it will be better. They crowded the market excitedly. As such, new prices may rise. But if more people enter the market, it will make the market more complicated and more difficult to make a profit.

More traders mean more investors and I am also in the favor of this. The digital market is lacking investors at the moment.With the increase in it, all coins would be able to make progress at much fast rate. Besides, it is good to have some competition and only deserving ones would be treated with reward. For the time being, all the power is in the hand of the whales.

[natsu01]

It is good to have more traders because they will invest some funds to the coins that they want to trade and it can contribute to a massive volume of bitcoins in a specific market where they trade. But it has also a consequences to have more traders for example is : panic buying or selling of some newbie traders that can cause a drop in the price.

[pcoot]

More traders, I think it is a good thing. Because as more and more people join in, the demand for the market has increased. The demand for money will also increase, and the value of money will increase.

[otto2012]

Perhaps this is good, since the price of bitcoin should grow. But with the number of traders increasing, support at large exchanges is very slow, it can be a problem.

[ffg56]

I think more people are joining in. It's a good news. Because more people join the trading market, there will be more demand. After more demand, the value of money will naturally increase.

[Zandra]

It is better to have a lot of traders since the market fluctuates depend upon the number of people who buy and sell. If there are many traders expect that the price is so volatile, like what happens everytime in bitcoin. I don't think that traders compete each but I think that the best trader always win the cryptocurrency game.

The more traders is a good for the market, who buy and sell imagine the supply and demand.
For sure the bitcoin price will be rise and also the other coins.

[Technos]

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 can bring more liquidity to the market. However, it's not only the number of traders that matters, it's the quality of traders.
It would not be good for Bitcoin and crypto in general if a bunch of newbies started to think they are professional traders, then right after they lose money, they go crying to governments. That would bring bad press, and a lot of unnecessary regulation.

[redsun114]

In my opinion, if the market has more traders it will be better. They crowded the market excitedly. As such, new prices may rise. But if more people enter the market, it will make the market more complicated and more difficult to make a profit.

In my point of view that more traders bring us both advantages and disadvantages. When appearing more traders, the amount of money we get will definitely increase and we will have provided many chance to take trading. In another way, as we know that if the market packs with many traders, it probably makes this market become much more complicated, that may lead to lots of troubles. Cryptocurrency is going more developed these days, it’s more likely to have more traders which can make us get many difficulties.

Sorry to say, but I am unable to figure out how an increase in the number of traders can make any market complex? At the present moment, the digital market needs huge number of investors and believe me, with the increase in the support, the market will only flourish. It has not even touched 1 trillion dollars yet. With this much potential, still it is a tiny one as compare to other markets.

[s0beit]

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 numbers of traders are , the more chances that the prices might pump. It is actually an advantage because it could actually affect the prices of the market. There would be higher demands in the market and a big chance that more investors would invest in crypto.

[OrangeSeller]

For more traders, I think it would be a good thing for the trading market. As more people join in, demand will increase. The value of money will also become higher and higher with the needs of people.

Having more number of traders is good as well as bad. Increase in the number of traders will surely increase the demand of most of the crypto coins in the international market which will then result in increase in the market values of most of the coins as well but it will also increase the level of the competition amongst the traders as they will have to compete with more number of traders.

[befriendmywater]

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 and more traders will be better for everyone and the Crypto market. Because more and more people, the market capitalization will increase and the liquidity ratio will increase significantly.
This makes buying and selling faster and companies have more capital to expand their business.

[Webberson]

Traders have a major role to play in trading, they also affect the movement and flow of the market. Having more traders in the market, is actually a good thing. The ideal thing, is for you to learn how to become a successful trader.

[laurenB7742]

Trading is much more safer and easy to learn.
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 only looks safe and easier when you look at it from outside, it's not easy when you start doing it. There are many things which you learn when you jump with some capital like how to face FUD, not sell in a panic, the value of HODL and many more.
More trader will bring more capital to crypto market and this is definitely a healthy sign for the crypto industry.