Ziskinberg
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July 21, 2019, 11:27:08 PM |
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Not just Bitcoin trading everything about cryptocurrency includes a certain level of risks, you make huge profit in minutes and loss them as well in the blink of an eye. Just make sure you know what your getting in to before venturing in to any crypto related business.
Just be smart all the time, being smart means you know how to accept all the possibilities like the pump and dump and you know you can also lose and don't think that you'll make profit all the time as that would be unrelistic. Traders look for long term success, and if they are serious, they'll have a decent amount allocated for trading and be thankful if he is up even with a small profit as consistency is what matters.
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Hallmader
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July 22, 2019, 03:17:39 AM |
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Bitcoin trading is a big challenge. Get a fast profit, but loss can be in seconds. ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) 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? 18 months is still several months away from now, mate. It does not mean that since it will increase many times over in the next 18 months that it will not experience any dips anymore. Do not worry about the hourly or daily dips of the price. This is not how Bitcoin's rise in value is measured. 18 months is considered long term already because it is beyond a year. You will measure its growth in long term also. Try to compare Bitcoin's price in March 2019 to its price come March 2020.
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Cloverfield
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July 22, 2019, 03:24:55 AM |
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If you were involved in crypto during the last 2 years you would’ve done best just to stay with BTC in order not lose too much or to have good profits. Bitcoin has showed to be pretty ‘stable’ for such a volatile asset. Trading BTC is a big challenge because it’s very hard to spot the right trends and holding is long-term much, much more easier and proofs to be often the most profitable solution as well. Just HODL it!
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Tapyaks72
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July 22, 2019, 03:27:36 AM |
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Bitcoin trading is a big challenge. Get a fast profit, but loss can be in seconds. ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) 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? 18 months is still several months away from now, mate. It does not mean that since it will increase many times over in the next 18 months that it will not experience any dips anymore. Do not worry about the hourly or daily dips of the price. This is not how Bitcoin's rise in value is measured. 18 months is considered long term already because it is beyond a year. You will measure its growth in long term also. Try to compare Bitcoin's price in March 2019 to its price come March 2020. You can admire bitcoin coin if you trade bitcoin in longtime investment, if you trade bitcoin in short term you can experience difficulties because of volatility of bitcoin every second changes.
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Twinscoin2017
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July 22, 2019, 05:26:30 AM |
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Yes bitcoin trading is really a big challenge specially to our fait or maybe patience, because we all know that bitcoin is always high on volatility and anytime we can posibly loss our money on trading ot maybe investing into it. We only need to be more patience, but sometimes it is really hard to be patience specially when the price drop.
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TheClownSong
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July 22, 2019, 07:26:22 AM |
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Yes bitcoin trading is really a big challenge specially to our fait or maybe patience, because we all know that bitcoin is always high on volatility and anytime we can posibly loss our money on trading ot maybe investing into it. We only need to be more patience, but sometimes it is really hard to be patience specially when the price drop.
Trading requires patience in seeing the price movements of bitcoin. With a very fluctuating price movement, bitcoin can provide a big advantage if we already have trading skills and have a strategy to open a sell or buy position. If we don't have trading skills, it would be better if we hold it for long term
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Cemploon
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July 22, 2019, 08:59:47 AM |
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In trading, I think it is very reasonable. You suffer from a huge amount of harm, but if you earn a profit is certainly a huge profit. A good trading strategy you must use and do not sell in panic. Trading requires patience and a great time to sell coins.
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indriasyifa
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July 22, 2019, 09:23:04 AM |
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I see BTC or altcoin prices always decrease and increase, this is like a cycle that continues to spin, BTC after going up and down, convinced that in the near future BTC will rise again instead of higher than ATH prices this month.
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BITWINGS - Guaranteed worth $0.20 Minephone - First smartphone that produces up to 2 ETH/month (http://minephone.bitwings.org)
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take_off
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July 22, 2019, 09:54:09 AM |
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If you were involved in crypto during the last 2 years you would’ve done best just to stay with BTC in order not lose too much or to have good profits. Bitcoin has showed to be pretty ‘stable’ for such a volatile asset. Trading BTC is a big challenge because it’s very hard to spot the right trends and holding is long-term much, much more easier and proofs to be often the most profitable solution as well. Just HODL it!
However, Bitcoin growth compared to other markets may be many, but most people invest in crypto most want their investment to increase even more. So most of them will invest in altcoin, only a few people with big money will invest in Bitcoin
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key4co.in
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July 22, 2019, 10:47:04 AM |
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From the image you attached, the price drop of BTC was just -0.24% which is not so bad. We shouldn't be carried away by little price changes, let's look at what BTC holds for the future. Some people when they see little price drop, they panic sell and it's not healthy for the crypto market.
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Icologies
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July 22, 2019, 01:23:34 PM |
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Bitcoin trading is a big challenge. Get a fast profit, but loss can be in seconds. ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) 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? ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FBszEUl9.png&t=665&c=wQTidF4CxQHzQw) the greater the challenge, the greater the risk that will be faced later. only people who are ready mentally and experience dare to buy bitcoin. not necessarily this happens in the next 18 years. because crypto is volatile, where prices can change significantly at any time.
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RealMalatesta
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July 22, 2019, 01:55:05 PM |
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I think the shorts earn the most, this way of trading is the most profitable at short distances but at the same time one of the most difficult. In the last 2 months you can make good money on this.
The opportunity to make money within that moment was right there, and based on the history of bitcoin in the last two months, we have seen several corrections and several rebounds, but as you know that bitcoin movement is always very sharp and sudden that it becomes so hard to know exactly how to flow along with it, so you find yourself missing those opportunities to do short. Making decision to buy becomes hard, and when you eventually make one, you end up making at peak, and up seeing a reversal, then you have to wait for long for that value to come again before selling because there is no much money to be buying every dip that you see, so that has been the major challenge doing short and reason why I just left my coin for long-term till the new ATH arrives.
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Gi01
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July 22, 2019, 02:27:51 PM |
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Trading bitcoin is all about how big or small your initial start up capital is. The only big challenge of bitcoin trading has to do with trading with small amount of capital. The changes in the price of Bitcoin is not actually the big challenge. Everybody in the crypto space knows that its the nature of crypto coins to frequent change in its market value. If you are trading with small capital thus when you see that has a challenge. When your trading capital is big, you can easily double or triple your capital within 24 hours if you are strategic..
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john alex young
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July 22, 2019, 03:03:30 PM |
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Bitcoin trading is a big challenge. Get a fast profit, but loss can be in seconds. ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) 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? ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FBszEUl9.png&t=665&c=wQTidF4CxQHzQw) You are more aware of the price of the coin, whether it is temporary or fixed according to my observations after reading this post. The consequences of trading in Crypto do have a big challenge that can provide a loss in seconds.
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tranduong123
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July 22, 2019, 03:09:13 PM |
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I think not only is bitcoin trading difficult, all types of trading are challenging even for those with a lot of experience, and the win does not belong to the majority.
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OasisDre
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July 22, 2019, 03:16:18 PM |
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I lost 0.3btc to trading in 2018 since then I've stopped trading,before I lose my bitcoin I've managed to almost doubled the 0.3btc to 0.55btc but I lost everything,trading isn't easy as many thinks it is
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suryana
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Trphy.io
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July 22, 2019, 03:19:57 PM |
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From the image you attached, the price drop of BTC was just -0.24% which is not so bad. We shouldn't be carried away by little price changes, let's look at what BTC holds for the future. Some people when they see little price drop, they panic sell and it's not healthy for the crypto market.
Well that's the biggest challenge in the trading world, we should be able to control panic when it happens. Patience is a key in the trading world. And I personally always believe in Bitcoin to continue to hold up to the huge gains I can get it.
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Dobolen
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July 22, 2019, 06:14:28 PM |
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After a few days the price of red coins. Slowly the coin price has become green, so I believe that the situation can be recovered soon. Many people say that the price of Bitcoin again decreases sharply. But the trading volume is still very large, so it still gives great hope the market will be back pumping.
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DEFLEXCHANGE is the First Deflationary Cryptocurrency Exchange https://www.deflexchange.com
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sana54210
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July 23, 2019, 06:28:39 AM |
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After 5 days Bitcoin lost around 3000USD from its value. I do not think that was all. Next target is around 8k and then 6k - the strongest BTC support line ever, hope that will last long ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I hope that the dip does not get to that stage because that will be a very big fall for bitcoin which I would not be happy with, I hope that the bulls are strong enough to keep the market high till we at least pass the last ATH of $20k. if the market falls back to $6k - $8k now, it will have two effects on the market, negative effect and positive effect. Lot of people will panic sell which will discourage them and they will start making lots of negative comment as regards Bitcoin again, while the positive effect that will surround it will be FOMO purchase, a lot of people that missed out when bitcoin was around that value will see it as an opportunity to start buying and they will continue to accumulate as much as possible, which I am sure that whales will do too and this action will make the value get back to its previous ATH last month.
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AlaEhBTC
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July 23, 2019, 06:41:16 AM |
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It is a big challenge, as of now I am still waiting for its price to go up because I bought at a wrong timing. Trading is not easy as it looks just like gambling.
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