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pixie85
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September 08, 2019, 09:52:19 PM |
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To be honnest with you I gave up understanding BTC... it is a small heavy manipulated market, so anything goes... Trading any coin is a big challenge, in harder market conditions it is an exercise that is not suited for everyone... it takes a lot of time and knowledge... some people seem to be born into it...  It is manipulated but you can't do much damage here without very big money. What they are trying to do is liquidate leveraged traders on platforms like bitmex. This is what those frequent small flash crashes are supposed to do. The market doesn't look manipulated if you look at a bigger picture of 1d charts. If you want to trade BTC focus on swings and if you have to leverage go small on it. Don't let whales push you around. |
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auntyjmary
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September 10, 2019, 10:42:21 PM |
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Trading can be profitable when done responsibly but there are also risks that comes with it. You can easily lose huge amount of money within a short period of time when trading goes bad. This mostly happens to amateur traders but even experienced traders also lose some money at times.
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tabas
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September 10, 2019, 10:52:46 PM |
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To be honnest with you I gave up understanding BTC... it is a small heavy manipulated market, so anything goes... Trading any coin is a big challenge, in harder market conditions it is an exercise that is not suited for everyone... it takes a lot of time and knowledge... some people seem to be born into it... Experience taught them and that made them look like they were born for it. Trading isn't an easy thing, it takes time to hone your trading skills and you'll experience many upsets just to get through and apply it in your future trades. It's right that trading isn't for everyone, there are traders who are good trading bitcoin and some are good and reliable with altcoins. And there's also an option if you are not good as a trader, you can be an investor. |
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PuertoLibre
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September 10, 2019, 11:19:11 PM
Last edit: September 11, 2019, 01:36:34 AM by PuertoLibre |
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Trading can be profitable when done responsibly but there are also risks that comes with it. You can easily lose huge amount of money within a short period of time when trading goes bad. This mostly happens to amateur traders but even experienced traders also lose some money at times.
Experienced traders never make such mentioned long term mistakes but the obvious reasons can be misleading even for the professional traders. Amateur traders look for the getting quick rich schemes and they run to trade the shitcoins instead of reliable coins. Trading the Bitcoin markets is easier than wasting time with the boring chart of the BTC. It is up to the personal decision of the trader to use the altcoins for day trading but these altcoins have to be chosen thoroughly before making big trades. Bitcoin price is near the $10000 and the monthly range is around $9k - $11k which doesn't give the good trade advantages in perpetual contract trading. |
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Mianae
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September 13, 2019, 12:16:39 PM |
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It isn't much of a big challenge as we think it to be. If you take sometime to learn the mechanism, get yourself abreast with the market psychology you will enjoy trading bitcoin on a daily basis. I've come to understand that there's always a movement in the price of bitcoin on a daily basis such can be capitalised on and make gains from it.
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Viscore
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September 25, 2019, 11:43:58 PM |
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It isn't much of a big challenge as we think it to be. If you take sometime to learn the mechanism, get yourself abreast with the market psychology you will enjoy trading bitcoin on a daily basis. I've come to understand that there's always a movement in the price of bitcoin on a daily basis such can be capitalised on and make gains from it.
I believe that bitcoin trading is a big challenge for someone who is not really familiar with how this coin moves in the market. But if you have been trading for a couple of years already, you will realized that bitcoin trading isn't just a challenge but a good source of earning if you just enjoy it and make the best of every trading you made. |
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Coin BTC
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October 10, 2019, 12:06:31 PM |
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Bitcoin trading is a big challenge. Get a fast profit, but loss can be in seconds.  In the last few days Bitcoin has started to increase sharply. And most of the Altcoin top goes up. CEO of Galaxy Digital, a crypto merchant bank, Michael Novogratz, said, the price of bitcoin will increase many times over the next 18 months. But we see today's prices are falling. Is this only temporary? Yes. Trading Bitcoin is a big challenge. Buying Bitcoin must spend big capital. If we look at the current price of Bitcoin with a few weeks ago, then the price of Bitcoin has dropped by around $ 2900. If someone buys at a price of $ 12,000, they have lost $ 3000. But it also brings big profits to those who hold Bitcoin at the price of $ 4000 in 2018 ago. No need to count years in the traditional financial markets, the crypto markets can give back the sam achievements during the twice less required timeframe. The price of Bitcoin loves volatility which is dangerous for the average investors, considering this fact, inexperienced traders look for more stable altcoin markets. Stable altcoin growth is healthy, BNB chart doesn't show any random pumps for example. Bitcoin was born in 2009, and now 2019, I think that has left a lot of history about Bitcoin travel. This is a good experience, of course for those who want to read. The price of Bitcoin is not on a high basis then decreases, but on a low basis then rises to high. Bitcoin trading is very risky, but we must be able to survive when prices are falling. In the past two years, the price of Bitcoin has printed two different histories, this is likely to occur in 2019 and 2020. |
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rmhuntley
Sr. Member
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HALA MADRID
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October 10, 2019, 12:16:41 PM |
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I agree if you say bitcoin trading is a challenging activity. Not just bitcoin, but all crypto trading is the same thing. The biggest challenge in my opinion is when prices fluctuate. Within seconds we will experience a loss if the price goes down, and in a few seconds we will arrive.
But if we have a lot of capital, then there will be a number of strategies we can use to reach the target.
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googs84
Sr. Member
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October 10, 2019, 12:19:13 PM |
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true. the movement of bitcoin is difficult to guess the direction makes traders more curious to follow the movement. here we feel challenged to be able to read the next movement. down or up.
Yeah, crypto movement is more difficult to predict than the mood of the wife. These are highly unpredictable. Few of the TA may help in crypto market but they can't be trusted completely. Most of the time crypto investment is like betting on the gambling site. |
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zeze18
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October 10, 2019, 12:19:20 PM |
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Very big challenge. And these days, Bitcoin is very volatile. Traders need to be 100% vigilant and have patience. You just the to understand the asset which is not easy  I think bitcoin is not for trading because the movement is not fast as altcoins. Bitcoin is more like for investing for a long term, and for trading altcoin is the best moreover for daytrading |
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SrinivasanP
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October 10, 2019, 12:25:27 PM |
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Yes, Bitcoin’s been getting a lot of press lately. Cryptocurrencies are maintained through a sort of ongoing digital ledger that records all cryptocurrency transactions and called a blockchain.
Bitcoin trading can be extremely profitable for professionals or beginners. Highly fragmented with huge spreads. Arbitrage and margin trading are widely available. Therefore, many people can make money trading bitcoins.
Bitcoin Trends
There’s a trend with Bitcoin: peak, then crash. It follows this pattern over and over.
In the early days, you could buy a Bitcoin for about 30 cents. But once the idea of a decentralized currency caught on, Bitcoin’s value went up in a BIG way. By 2013, it reached a price of over $1,000 for the first time.
And then it crashed in 2014 following a hack, and the prices remained low for a few years. But in 2017, it started to explode.
In January of 2017, Bitcoin was selling in the $900s. On December 17 of the same year, it peaked at over $19,000.
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febriyana
Sr. Member
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Activity: 432
Merit: 250
Febriyana Muhammad
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October 10, 2019, 12:48:51 PM |
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Bitcoin trading is a big challenge. Get a fast profit, but loss can be in seconds. In the last few days Bitcoin has started to increase sharply. And most of the Altcoin top goes up. CEO of Galaxy Digital, a crypto merchant bank, Michael Novogratz, said, the price of bitcoin will increase many times over the next 18 months. But we see today's prices are falling. Is this only temporary?  I think that is temporary. Because basicly, Bitcoin is investment for long term. Yes the price is bearish now, but the opportunity to bullish is still bright. If we see the chart, the cycle is same. It will declined then going up. Also we need see some inovation in altcoin, so the investor have spirit again to buy Bitcoin to trading. |
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shield132
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October 10, 2019, 02:08:55 PM |
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Eh, a lot of people look bitcoin like an easy thing for generating massive profit but most of them lose or luckily succeed because of long term holding. It's still hard for a lot of people to understand that bitcoin trading is really a big challenge. Why? Reward is higher, risk is higher too, it's a huge challenge to be capable of getting high reward over of high risk of lose.
Also another reason of why it is a huge challenge is that no one knows what kind of shock news will boom unexpectedly. For example someone bans it or sets new regulations on it or even coinmarketcap removed any exchange, some website decided to stop withdraw for a while or some of them got hacked and etc, this all happened in past very unexpectedly and affected price the same way too, it's hard to consider all of this in trading.
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Oneandpure
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October 10, 2019, 03:37:35 PM |
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Its called big result and big risk, just few second you got much profit with bitcoin investment and few second you will got lost your money with bitcoin when price down, before want to make bitcoin or altcoin investment as your job learn more about how many time investor faced with risk by investing in bitcoin and altcoin.
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Edraket31
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October 10, 2019, 04:23:35 PM |
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It's a big challenge and big sacrifice as we will need a lot of effort to learn it, we will need a lot of money to risk with, it would not be easy but it is really worth it.
Most of my friends nowadays are in the trading world, they lost a lot of money, disappointed, and they almost gave up, but they realized that there is no easy money, so they continue their passion and now they are reaching out people and helping them to learn trading for free.
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kravas86
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October 10, 2019, 04:23:50 PM |
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A person should be able to risk and trade. If you do not observe these qualities in yourself then you should learn. On the loss of one person, several get rich - this is the law of the market. You need to be able to play by the rules and then trade will bring you a very good profit. The price of cryptocurrencies will never be static as we are now in a speculative era. You need to be able to adapt to events.
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bitcoinposts
Member
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Activity: 448
Merit: 10
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October 21, 2019, 06:56:28 AM |
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Absolutely bitcoin trading is big challenge market is volatile . Bitcoin is fast moving currency in the market holding right price in trading is big challenge
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Gotumoot
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October 21, 2019, 07:35:31 AM |
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YES, This may just be a tempo, As you said bitcoin is rising and falling and this should be our watch, At the moment the price of bitcoin is falling and it could collapse at any time today. This is also the right time to buy some bitcoin and hold it until the price recovers and rises again. You just wait for the right timing to buy, and you also listen to the news and speculations and predictions.
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Fredomago
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Leading Crypto Sports Betting & Casino Platform
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October 21, 2019, 07:45:28 AM |
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YES, This may just be a tempo, As you said bitcoin is rising and falling and this should be our watch, At the moment the price of bitcoin is falling and it could collapse at any time today. This is also the right time to buy some bitcoin and hold it until the price recovers and rises again. You just wait for the right timing to buy, and you also listen to the news and speculations and predictions.
Bitcoin still fluctuating and if you are good in short term trading you can earned decent from the current market run, Bitcoin can bring benefits for those who are doing good in following the trend, if you can get inside while everything is down. The chance of earnings from this field is very huge. Keep doing your research and find your comfortable investment position. After that you'll be able to get good benefits from this venue of investment. |
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sapnu
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October 21, 2019, 07:45:53 AM |
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Bitcoin trading is a big challenge. Get a fast profit, but loss can be in seconds. In the last few days Bitcoin has started to increase sharply. And most of the Altcoin top goes up. CEO of Galaxy Digital, a crypto merchant bank, Michael Novogratz, said, the price of bitcoin will increase many times over the next 18 months. But we see today's prices are falling. Is this only temporary? We know that trading is hard but there are actually tips on how to trade effectively. We all know the qoute buy low sell high. That is the first thing you need to remember everytime you are trading. Think for your money to grow and do it by taking every steps serious. In terms of the price, we all know that cryptocurrencies are volatile meaning it is changing time by time so you need to be good at predicting. As of now the market is not good. Stability in the market is not good and we can see it ok the cryptomarket. I am hoping that bitcoin will rise up again just like what happened last 2017. |
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