What is Bitcoin trading? can Bitcoin trading profitable without having lost?

[Cleft]

I have spent time to read about Bitcoin trading, hence want to comprehend how it influence and overwhelm The market in this forum.as a newbie who's interested and curious about Bitcoin trading, eager to be impacted with knowledge from my superiors (legendary and hero members etc)

[mk4]

If bitcoin trading(or trading in general) was possible without chances of loss, then literally everyone would be doing it. There's a reason why it isn't heavily recommended for the masses— simply because the chances of losses are huge especially for the beginners.

Yes, you can most definitely significantly decrease the chances of you losing money, but even the best of the best traders have losses. Losses is simply something that will always be in the picture; it's just that you need to have a lot more wins than losses in the end.

[ChiBitCTy]

First off just because someone is a Legendary or Hero member it does NOT mean that they know what they're talking about.  The truth is the majority of people here have no clue what they are talking about, so take everything you read with a grain of salt and always do your own homework !  ( That doesn't mean there aren't plenty of of knowledgeable people here though, don't get me wrong).

That being said, no..there is no way to trade bitcoin without the possibility of loss.  There is no such thing as trading without the possibility of loss, and don't let anyone tell you any different.  Also, is trading right for you? Trading is not right for the majority of people.  You need to make sure you already have a sound portfolio in place, on track for retirement etc..then once that is all in place, and you have some extra money you can afford to lose, then maybe trading can make sense.  Still for most people the best thing is to simply buy and hold.

[noorman0]

No-loss trading is possible depending on the type of trade. In the spot market, losses are divided into 2 categories, namely realized losses and unrealized (floating) losses. You can keep your losses from being realized when your P&L indicator is minus, meaning that you need to change the trading period when it occurs. However, that does not mean you do not lose anything (especially a matter of time).

Are you willing to lose money on a trade? If not, then don't take it. You can only win if you're not afraid to lose. And you can only do that if you truly accept the risks in front of you.

[Fesatmas]

I have spent time to read about Bitcoin trading, hence want to comprehend how it influence and overwhelm The market in this forum.as a newbie who's interested and curious about Bitcoin trading, eager to be impacted with knowledge from my superiors (legendary and hero members etc)

I welcome to the forum, and you are in the right forum.

You don't need to tell us your boss or any nickname. We are all the same to learn and exchange thoughts, ideas and share knowledge. Whether it's a problem or a solution, we will all try to give each other input.
Your interest is very good, so you have a lot of questions that you want to convey. Let's share with each other.

I think any kind of trade can cost someone, even in Bitcoin. As long as you know there is no continuous profitable trade, at least having a loss cannot be separated from it all. Bitcoin trading can be profitable if one can at least know the time when he should open a position and when he should release a position. Mastering a minimum of basic trading strategies. I believe you already know it all because you have a lot of reading resources that you can get out there.

[Renampun]

I have spent time to read about Bitcoin trading, hence want to comprehend how it influence and overwhelm The market in this forum.as a newbie who's interested and curious about Bitcoin trading, eager to be impacted with knowledge from my superiors (legendary and hero members etc)

Trust me, no Bitcoin trader is 100% profitable without losing once...

if you are a new player in the trading world and also do not have knowledge of the history of the Bitcoin price then I suggest not to expect much you can profit on your first trade unless you are lucky. one of the habits of newbies who are just trying to trade in bitcoin is to have a 'weak hand', they will immediately panic sell when the bitcoin price drops.

[LimLims]

I have spent time to read about Bitcoin trading, hence want to comprehend how it influence and overwhelm The market in this forum.as a newbie who's interested and curious about Bitcoin trading, eager to be impacted with knowledge from my superiors (legendary and hero members etc)

First of all this thread should be moved to “Trading Discussion” thread.

Coming to the topic, it’s impossible to do trading without getting any loses.
Whenever you invest in any business there is equal risk of lose and both profit.
Same happen withe BTC trading also.
If you choose the wrong time or wrong coin, then ultimately you will face losses only.
Choosing a right coin and correct time to sell it can reduce the risk of losses.
Hope this helps you OP now.

[BitMaxz]

It's impossible that you won't be lost in trading without knowledge you can't make a single penny.
Since you are a newbie I would suggest you do some research and study trading first before you enter in trading.


There are some good sources of learning about trading from fundamental to technical analysis.
Here check this link below

- https://github.com/SpiralDevelopment/Awesome-Crypto-Trading

And then use a trading simulator that you can find on that link then apply what you learn from guides that you read from that link.
You don't need to pay to learn that link is enough to gain knowledge about trading.

[DdmrDdmr]

<...>

You could always give it a go without actually spending anything, be it on paper, or using any one of the Demo Trading Platforms available for Spot (no way you should really get too acquainted with margin trading until you cover spot, it at all). A prerequisite nevertheless should be to become familiar with the terms, concepts, risks, pitfalls, safety nets and so forth you should have likely covered before hand, lest you want to go full random savage. Even so, stats here and there render poor results for the vast majority of trading beginners.

[Ekeleboy]

Trading is a risk.
Sometimes you lose, other times you win. But in all, skill and knowledge matters more.
Knowing when to trade and when not to, the best time to buy and sell. Also you could try learn some strategies that concern trading

[adzino]

I have spent time to read about Bitcoin trading, hence want to comprehend how it influence and overwhelm The market in this forum.as a newbie who's interested and curious about Bitcoin trading, eager to be impacted with knowledge from my superiors (legendary and hero members etc)

Bitcoin trading means buying and selling of bitcoin with the goal of making profits. The bitcoin market is somewhat volatile. So people take advantage of this to make some good profits. But trading is no easy job. It has its own risks. The riskier your trades are, the higher will be your profit. So you will have to know what you are doing. Make one mistake, and then you will end up with losing everything. You WILL be making losses when you trade. If there were ways to trade without making any loss at all, everyone would just be trading.

[tbct_mt2]

Trading is not easy and most of traders don't make money but they make loses. The percent of traders who end with loses from crypto trading is higher than general tradings.

Trading the Stock Market – Why Most Traders Fail

This statistic deems that over time 80 per cent lose, 10 per cent break even and 10 per cent make money consistently.

If you are a good trader, you will say I win even if you complete your trades with a draw because saving and protecting your capital is a success.

[Ararbermas]

Having losses in trading is normal mate it's part of the game wherein even experts can experience such things, but you know enough knowledge can reduce loss in trading and you can maintain your win rate. So if you really want to become a trader must educate your self first and watch some step by step tutorial around the internet how to use tools in trading that can help you to read the chart , indeed all of information how trading really works were already in Internet so just put time and efforts if you really want to become a good trader.

[Beparanf]

Having losses in trading is normal mate it's part of the game wherein even experts can experience such things, but you know enough knowledge can reduce loss in trading and you can maintain your win rate. So if you really want to become a trader must educate your self first and watch some step by step tutorial around the internet how to use tools in trading that can help you to read the chart , indeed all of information how trading really works were already in Internet so just put time and efforts if you really want to become a good trader.

Experience matters in trading. It’s hard to determine whether we're good or not if we will not do it. There is a need to risk and sometimes to put too much effort to learn but sure it will be worth it if we put ourselves into it. We will experience a lot but it doesn't mean that it will be the end we can still trade as long as we master it provided we don't risk too much amount especially if we know we're still in the beginner's phase.

[cheezcarls]

I have spent time to read about Bitcoin trading, hence want to comprehend how it influence and overwhelm The market in this forum.as a newbie who's interested and curious about Bitcoin trading, eager to be impacted with knowledge from my superiors (legendary and hero members etc)

There’s no such thing about loss-free trading on Bitcoin and cryptocurrency. Just like in stocks, the prices are subject to volatility and there are no astronomical guaranteed returns. It’s healthy for Bitcoin and other cryptocurrencies to experience declines from time to time. Wins and losses are part of the game right here in the crypto space.

[GreatArkansas]

Expect the losses.
But you can prevent and minimize the losses if you have good risk management. How to do it? Study, practice, and have a commitment. Trading is not difficult, it involves time and MONEY so you should be careful and dedicated when you start trading, a lot of newbies started to trade but didn't able to stay for weeks, months. So, learning the basics first then slowly going into the above basics will help you to minimize your losses in trading and maximize the profits.

[Strongkored]

What you can do is having money management and also trading jurnal, this is important because you can review all trade you done, so you can minimize the lose and determine the next step, please if you are novice trader don't think that trading is an activity to make money without ever experiencing a loss, that's very impossible

[Wexnident]

Well without losses you certainly would profit, that's pretty obvious, but that isn't trading imo since trading involves the process of both losing and earning money. A trade without losing money isn't a trade, I'd reckon it's much closer to a scam imo, so better run away from those types of offers. Bitcoin trading is pretty much just like any other type of trading/investment out there, it requires time, patience, experience and luck for you to profit. Taking care of what positions to take and when to enter and exit are some of the simple moves you need to make. It's rather easy to say really, but really hard to do.

[Desmong]

I have spent time to read about Bitcoin trading, hence want to comprehend how it influence and overwhelm The market in this forum.as a newbie who's interested and curious about Bitcoin trading, eager to be impacted with knowledge from my superiors (legendary and hero members etc)

Your curiosity had led you to the right corner where you can learn what you intend. My biggest advise for you as a life trader is never to be too curious to make money in trading. This is the mistake most newbies had made that had led them to end their interest in becoming a trader due to much loses they had made due to impatient.
Prepare your mind and be ready to learn. Get the best physical or online learning centers to get a good skill in trading that could get you far to your expectations.

[Peanutswar]

Bitcoin trading or the trading itself requires a lot of qualification not just only know the coin, this required knowledge regarding the technical indicators, analysts, market graph, news and another factor that might affect the coin also it's the market volatility. It's the misconceptions of the newbie regarding trading, they think it's just only for the prediction of the market movement but no. You cannot make a trade and looks like 99% win of your trades there's a red day in trading every mistake you made there's a lesson and it's better learned and deal with it. Try to make a demo trade after you understand the concept and back to real-world trading. Not only do legendary members understand the trading even newbie ranks too, but rank here also does not define the experience in trading.