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RealMalatesta
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June 07, 2021, 08:08:37 AM
 #61

Oh nice! Thank you for the awesome topic because we really needed to know that Bitcoin is really volatile and there's risk, before this post, we never knew that Bitcoin trading is actually risky due to its volatility nature Smiley you so beautifully explained how Bitcoin can suddenly go up and down due to many reasons and I appreciate it.
I can sense the sarcasm Grin.

Lots of so-called pro traders lost hefty amounts during these crash times and this is why so many topics about Elon Musk and so many topics about trading recently.

People for some reason consider volatility as a negative but it is the volatile nature of Bitcoin that keeps it so exciting as an investment prospect. You just need to learn the ability to use the volatility to your advantage and you will love these bear and bull runs. One thing I would always suggest is to stay away from leverage or futures trading because these rich guys will swing the market according to their needs and liquidate small traders.
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June 07, 2021, 06:51:54 PM
 #62

Bitcoin is more than a currency. Looking at bitcoin to being just currency alone is a lot of limitation on bitcoin already. There is no way currency could be viewed as an asset but bitcoin in itself is an asset so, talking about it as being a currency alone is a limitation.

So, it fits in too capacity thoughtl not perfectly.
1. As a currency fir exchange becuase its got value that could not be over emphasised and thats what exchanges is about, exchange of value and
2. As an asset which is where the volatility nature of the coin comes into play. Thats why its hodl by most traders, because its value is subject to change and depend on the direction of the change, it might be beneficial or not so. Its just that!
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June 07, 2021, 08:17:14 PM
 #63

Oh nice! Thank you for the awesome topic because we really needed to know that Bitcoin is really volatile and there's risk, before this post, we never knew that Bitcoin trading is actually risky due to its volatility nature Smiley you so beautifully explained how Bitcoin can suddenly go up and down due to many reasons and I appreciate it.
Dont know if you are just trying to be sarcastic on here or you do really appreciate on what OP is been saying which are actually the basics. lol
If you do deal up with this market then your primary thing to be observed is the volatility itself.You would able to determine is directly and i dont see
any issues rather than with that Block size and scability and the rest is just already considered to be its pro's or advantage.
Volatility does have its own pros and cons on where you can actually make out money if you do know on what you are doing.

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June 11, 2021, 07:04:10 AM
 #64

That's right, bitcoin asset holders must be really aware that Bitcoin is very volatile, must be wise in responding to the situation of ups and downs in prices.. However, if we are good at analyzing more profits than losses we can. We may lose, but it is also possible for us to profit many times over. that's why i love bitcoin.
because of its profitable nature, until now bitcoin has become a very promising investment and seems to have started to beat many investments that have existed in the past. bitcoin continues to grow, many have known and made new business fields.

Even though bitcoin is known to be unstable, the demand is still unstoppable because the results obtained can be many times the cost price. although not a few are also experiencing losses and they are still happy and continue to do. because with continuous analysis and experience gained, you can find out the nature of bitcoin, make no mistake if you want to be safe by holding on for a certain time bitcoin can be sure to experience a hefty profit

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June 11, 2021, 08:28:38 AM
 #65

with continuous analysis and experience gained, you can find out the nature of bitcoin, make no mistake if you want to be safe by holding on for a certain time bitcoin can be sure to experience a hefty profit
That is the benefit of persisting into one thing Cheesy because experience is the key for success everywhere. Bitcoin got few basic characteristics (which cannot be found in any other assets/stocks), when we start making use of them then we can easily make profits; still here we have 2 methods to gain easy profits: long term holding and active trading, those who are unable to realize the nature of bitcoin. it is highly recommended to go for long term holding to enjoy easy profits rather than complaining about issues of bitcoin.

Being trader we must smart and confidence to trade without any doubt.
But fortunately trading alone the only way to make money in bitcoin ecosystem. You need to be smart to explore other methods if trading is not going in your favor. Long term holding is the alternative I am making use of, to survive as trading is not my cup of coffee.

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June 11, 2021, 08:31:57 AM
 #66

   Bitcoins is the oldest cryptocurrency and one of the highest valued currency's in the world. Has a large price volatility making it too unpredictable to be used as a currency. Doing analysis to trade in a trading cause this digital currency is not consistently in a high value. Sometimes may fail to trade cause their's a sudden down of an a price, but it is a good luck when the price value is high. Being trader we must smart and confidence to trade without any doubt.

That's right the price of Bitcoin is really volatile to be used as currency most of the small business wouldn't be able to use it too due to the expensive transaction fee. For now I think it's one of the issues of Bitcoin why some people are still not using it as an alternative to fiat if they could have managed to have fast transaction fee and cheap fee I think that's different story.

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June 11, 2021, 01:53:07 PM
 #67

   Bitcoins is the oldest cryptocurrency and one of the highest valued currency's in the world. Has a large price volatility making it too unpredictable to be used as a currency. Doing analysis to trade in a trading cause this digital currency is not consistently in a high value. Sometimes may fail to trade cause their's a sudden down of an a price, but it is a good luck when the price value is high. Being trader we must smart and confidence to trade without any doubt.


Stop day trading or any form of short term tradng if, you don’t have the proper skills and the right personality for it, and also if you don’t have the right amount of capital for it. For under-capitalized plebs like us, we should, BUY THE DIP AND HODL. Don’t let the whalecumulators manipulate you to get the thing they most want from you. YOUR BITCOIN.

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June 11, 2021, 02:26:22 PM
 #68

   Bitcoins is the oldest cryptocurrency and one of the highest valued currency's in the world. Has a large price volatility making it too unpredictable to be used as a currency. Doing analysis to trade in a trading cause this digital currency is not consistently in a high value. Sometimes may fail to trade cause their's a sudden down of an a price, but it is a good luck when the price value is high. Being trader we must smart and confidence to trade without any doubt.
And since you know already how volatile we are, you'll be needed to be smart otherwise, it cost you a lot. And you will think now that trading is gonna be easy? Assuming that you find it hard and it was risky, what gonna be your plan? Are you going to continue trading or not? Well, I'm not going to do that until I was fully prepared already.
A lot of traders just come and you what will happen to most of them, they are quitting and that might possible to happen with us if we don't understand the market trend.
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June 11, 2021, 05:30:31 PM
 #69

   Bitcoins is the oldest cryptocurrency and one of the highest valued currency's in the world. Has a large price volatility making it too unpredictable to be used as a currency. Doing analysis to trade in a trading cause this digital currency is not consistently in a high value. Sometimes may fail to trade cause their's a sudden down of an a price, but it is a good luck when the price value is high. Being trader we must smart and confidence to trade without any doubt.


Stop day trading or any form of short term tradng if, you don’t have the proper skills and the right personality for it, and also if you don’t have the right amount of capital for it. For under-capitalized plebs like us, we should, BUY THE DIP AND HODL. Don’t let the whalecumulators manipulate you to get the thing they most want from you. YOUR BITCOIN.
Trader have brave to know risk anything your job always have risk trade on bitcoin or other investment, maybe when you see many people said easy trade on other in bitcoin maybe they ever failed and get more loss, you need to know every investment have risk and bitcoin looks smart choose for investing but have to know when correct time for joining and try to invest in bitcoin or altcoin.

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June 11, 2021, 05:40:18 PM
 #70

   Bitcoins is the oldest cryptocurrency and one of the highest valued currency's in the world. Has a large price volatility making it too unpredictable to be used as a currency. Doing analysis to trade in a trading cause this digital currency is not consistently in a high value. Sometimes may fail to trade cause their's a sudden down of an a price, but it is a good luck when the price value is high. Being trader we must smart and confidence to trade without any doubt.


Stop day trading or any form of short term tradng if, you don’t have the proper skills and the right personality for it, and also if you don’t have the right amount of capital for it. For under-capitalized plebs like us, we should, BUY THE DIP AND HODL. Don’t let the whalecumulators manipulate you to get the thing they most want from you. YOUR BITCOIN.
Tradings need a significant amount of capital to earn massively, but it doesn't mean you can't trade with just a tiny amount of investment. There are still some altcoins out there like XRP, which we can trade even with our little money. For us plebs, short terms are not for us, and it is best if we use long-term trading to earn more profit if luck is on our side.
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June 11, 2021, 08:52:39 PM
 #71

snip...   

Stop day trading or any form of short term tradng if, you don’t have the proper skills and the right personality for it, and also if you don’t have the right amount of capital for it. For under-capitalized plebs like us, we should, BUY THE DIP AND HODL. Don’t let the whalecumulators manipulate you to get the thing they most want from you. YOUR BITCOIN.
Tradings need a significant amount of capital to earn massively, but it doesn't mean you can't trade with just a tiny amount of investment. There are still some altcoins out there like XRP, which we can trade even with our little money. For us plebs, short terms are not for us, and it is best if we use long-term trading to earn more profit if luck is on our side.
The result of our trades will also matter in the amount we use for capital. MOre money, more gains, but also a lot of money to lose if we are not careful with this. And for us who will afraid of losing them all, we need to be in trading but just to become a simple holder and then sell when there is an opportunity.
I notice that many investors had just come during the bear season and they just come back during Bullrun, it is a long wait but it found efficient as their wait are worth enough.
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June 12, 2021, 09:22:12 AM
 #72

  Bitcoins is the oldest cryptocurrency and one of the highest valued currency's in the world. Has a large price volatility making it too unpredictable to be used as a currency. Doing analysis to trade in a trading cause this digital currency is not consistently in a high value. Sometimes may fail to trade cause their's a sudden down of an a price, but it is a good luck when the price value is high. Being trader we must smart and confidence to trade without any doubt.


Stop day trading or any form of short term tradng if, you don’t have the proper skills and the right personality for it, and also if you don’t have the right amount of capital for it. For under-capitalized plebs like us, we should, BUY THE DIP AND HODL. Don’t let the whalecumulators manipulate you to get the thing they most want from you. YOUR BITCOIN.

Tradings need a significant amount of capital to earn massively, but it doesn't mean you can't trade with just a tiny amount of investment. There are still some altcoins out there like XRP, which we can trade even with our little money. For us plebs, short terms are not for us, and it is best if we use long-term trading to earn more profit if luck is on our side.


“Trading” undercapitalized will only put you in a situation with a higher probability of failure than success, and the lower your capital, the lower than chance for success. Don’t waste your time “trading” undercapitalized, just buy fundamentally sound coins regularly during dips, and HODL. The most fundamentally sound cryptocurrency is? Cool

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June 12, 2021, 01:46:44 PM
 #73

   Bitcoins is the oldest cryptocurrency and one of the highest valued currency's in the world. Has a large price volatility making it too unpredictable to be used as a currency. Doing analysis to trade in a trading cause this digital currency is not consistently in a high value. Sometimes may fail to trade cause their's a sudden down of an a price, but it is a good luck when the price value is high. Being trader we must smart and confidence to trade without any doubt.
Bitcoin is not one of the cryptocurrencies with the highest value in the world mate, l
ook at the price from YFI, then you will know the answer, like this, indeed in the high volatility crypto market it has become part of the market itself,
that's why many traders like the crypto market, because it's easy to get a profit if you manage to do the analysis
OP had already find crypto as the best place to stay for the risk-takers and those we are willing to challenge themselves despite the market volatility. But I tend to disagree with you saying it is easy to get profit in here because even you have good in TA, it was not the assurance that you easily make a good profit in trading. In fact, pro-traders are also suffering losses, there is no excuse in here and we can guarantee nothing in trading.

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June 12, 2021, 02:15:31 PM
 #74

   Bitcoins is the oldest cryptocurrency and one of the highest valued currency's in the world. Has a large price volatility making it too unpredictable to be used as a currency. Doing analysis to trade in a trading cause this digital currency is not consistently in a high value. Sometimes may fail to trade cause their's a sudden down of an a price, but it is a good luck when the price value is high. Being trader we must smart and confidence to trade without any doubt.
Bitcoin is not one of the cryptocurrencies with the highest value in the world mate, l
ook at the price from YFI, then you will know the answer, like this, indeed in the high volatility crypto market it has become part of the market itself,
that's why many traders like the crypto market, because it's easy to get a profit if you manage to do the analysis
Bitcoin more popular around the world now and almost people have know and try how to be investor and holder, but bad change by some fud news make bitcoin going dump and bad reputation for new comer understanding about bitcoin. I see if bitcoin keep potential and going up without impact by fud news maybe many new investor will hold and save money in bitcoin every day.

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June 12, 2021, 03:07:23 PM
 #75

I thought you would be talking about the actual issue of bitcoin that we are current facing, such as absurd fees and slow confirmation time during network congestion for which it makes bitcoin unusable as a regular day to day coin. But you ended up talking about making profits from trading lol. Of course crypto currencies are volatile. Stocks are also volatile but not as volatile as crypto currencies. But as more people starts to adopt the usage of crypto currencies, more bitcoins are spread among the people, the less volatile it will get. If you think this volatility is an issue for you, you should go use stable coins. They aren't volatile.
-snip-
look at the price from YFI, then you will know the answer
 -snip-
Don't just look at the price. Look at the marketcap. YFI has low supply. If someone makes a coin that has total supply of only ten coins, and the price of the coin is few hundred grands, that doesn't mean its the most expensive coin.

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June 13, 2021, 12:19:14 PM
 #76

   Bitcoins is the oldest cryptocurrency and one of the highest valued currency's in the world. Has a large price volatility making it too unpredictable to be used as a currency. Doing analysis to trade in a trading cause this digital currency is not consistently in a high value. Sometimes may fail to trade cause their's a sudden down of an a price, but it is a good luck when the price value is high. Being trader we must smart and confidence to trade without any doubt.

Of course, everything is so, but I would not say that this is a problem for BTC, or rather, for many, this is an advantage in turn, because it allows you to make good money. You can scroll through the history of the emergence and development of BTC and see what the price of BTC was and what it has become. Tell me is it a problem that the price of BTC has gone up so much? I am sure that everyone would like to go back to that time and buy BTC in order to sell and get rich now. So where someone sees a problem, others see an opportunity and success.
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June 13, 2021, 02:08:24 PM
 #77

The point is if you really still have doubts about bitcoin for trading.. don't do it, however this is related to trust as well as other things that can strengthen your insight into bitcoin,for me, I think it's more appropriate for short and long term investments.
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June 13, 2021, 04:36:58 PM
 #78

   Bitcoins is the oldest cryptocurrency and one of the highest valued currency's in the world. Has a large price volatility making it too unpredictable to be used as a currency. Doing analysis to trade in a trading cause this digital currency is not consistently in a high value. Sometimes may fail to trade cause their's a sudden down of an a price, but it is a good luck when the price value is high. Being trader we must smart and confidence to trade without any doubt.

One more thing, you should be a risk taker person because everything in crypto is risky either long term investment or trading. Bitcoins volatility is the key to earn huge profit but if you are afraid to risk then stay away from this investment.

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June 13, 2021, 10:45:48 PM
 #79

One more thing, you should be a risk taker person because everything in crypto is risky either long term investment or trading. Bitcoins volatility is the key to earn huge profit but if you are afraid to risk then stay away from this investment.
Accepting its nature of being volatile will teach you many things. As you learn how to deal with it, you'll eventually learn that such volatility will really give you that high potential profit but as well as losing. But forget about losing if you're long term on it, you don't have to deal with that much pressure that you see in the market as long as you're maintaining yourself cool as you hold it. It's been seen and done by many and the true potential of bitcoin is there if you manage to deal whenever it's truly volatile.

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December 14, 2021, 10:13:28 AM
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