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Author Topic: What is Bitcoin trading? can Bitcoin trading profitable without having lost?  (Read 523 times)
tvplus006
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September 14, 2021, 10:05:55 PM
 #21

It can be quite difficult for a beginner to work immediately without losses. For example, when I just started working with a broker from Amarkets, sometimes I could make mistakes in the process.

In the cryptocurrency market, no one can trade without losing trades. Therefore, not only beginners lose money, but also those traders who have been trading for a long time. The main thing in trading is to have more profitable trades than unprofitable ones, so that in total you get a profit.

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September 14, 2021, 10:33:06 PM
 #22

Trading with having a lost, that's never going to happen. Even the most patient and calm holder still incur losses as he holds. If you're not yet prepared to take a risk, you shouldn't be trading bitcoin. But as a newbie, there's a good start that you're asking and educate more of yourself about the risk bitcoin has. It's very volatile as its normal character so you should be aware of it because thinking of not having a lose, you'll literally lose because of the fluctuations, as long as you're not selling at loss, you won't be in loss.

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September 14, 2021, 10:33:31 PM
 #23

It can be quite difficult for a beginner to work immediately without losses. For example, when I just started working with a broker from Amarkets, sometimes I could make mistakes in the process.

In the cryptocurrency market, no one can trade without losing trades. Therefore, not only beginners lose money, but also those traders who have been trading for a long time. The main thing in trading is to have more profitable trades than unprofitable ones, so that in total you get a profit.
Because the main reason is having an unpredictable market when we talk about cryptocurrency trading.  Even how expert you are in trading, there will be a chance that you made mistake by a single decision or every action you take. So therefore in trading, there's no expert as we call most of the time, sometimes they can minimize losses through their strategies but that doesn't mean there's a massive gain or infinite profit in trading.

If you're afraid to have losses in trading I suggest having a long-term investment is the best for you, after purchase just hold and never sell until it didn't reach your targeted profit.

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September 14, 2021, 10:50:38 PM
 #24

When you are eager to start trading, exactly, understanding at first what you want to do is very essential. In this case, understanding at first about Bitcoin (and cryptocurrency generally), and also about trading.
Actually, there are many sources from trusted YouTube and websites on the ways to trade. And every exchange will also provide the ways of trading.
There are also several types of trading that you should know. And as a beginner, I will suggest you learn from spot trading.

can Bitcoin trading profitable without having lost?
No guarantees. This is the basic that you must remember, trading will not guarantee you to always take profits or win. Trading always involves risks, and one of the risks is loss. Even a professional trader, sometimes, he will also lose in trading. So, never think that trading Bitcoin is always taking profits.
But, if you want to do fewer risks, holding Bitcoin may be fewer risks. And you can still hold your BTC if the price is still low and then take the profits when the price has reached the price that you target. But once more, no guarantee, imo.

R


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September 14, 2021, 10:56:10 PM
 #25

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)
Zero loss?

This do only happen on your dreams but not on reality because trading is something involved with lots of losses and gains and this is why you do engage on this market just for the sake of earning profit

and thinking off about volatility then this is the primary reason on why you do neither experience losses or profits.This is why you should really do all sorts of things to make yourself as a better trader.

Making yourself sustainable despite of the risk involved and don't think or stress yourself on having perfect trades because it wont happen.Thing here is that you should always mind on how to become
sustainable and ending up on profits in the end of the day.

R


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September 15, 2021, 06:40:00 AM
 #26

Basically Bitcoin trading, not much different from what you do/trade outside/real world, apart from analysis, charts, predictions etc, you buy and sell.

Some people who trade daily/hourly/weekly and monthly, generally a lot are done long term, but if you are expert and have knowledge about online crypto trading, it can be done based on hourly and daily crypto market developments.

Loss or profit it's all you control, can't guarantee someone involved in crypto trading loses and gains, it's all based on the trading skills you have, you're smart you win, you don't know you lose, that's a trading method, important knowledge.

Quote
Experience is the best teacher. Whether you want to study business abroad or memorize hundreds of theories, it's meaningless if you've never tried.

R


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September 15, 2021, 07:24:47 AM
 #27

Basically Bitcoin trading, not much different from what you do/trade outside/real world, apart from analysis, charts, predictions etc, you buy and sell.

Some people who trade daily/hourly/weekly and monthly, generally a lot are done long term, but if you are expert and have knowledge about online crypto trading, it can be done based on hourly and daily crypto market developments.

Loss or profit it's all you control, can't guarantee someone involved in crypto trading loses and gains, it's all based on the trading skills you have, you're smart you win, you don't know you lose, that's a trading method, important knowledge.

Quote
Experience is the best teacher. Whether you want to study business abroad or memorize hundreds of theories, it's meaningless if you've never tried.
Trading can be learned and anytime you can google it and a lot of resources will come out. But trading with losses is inevitable. Even if you got a lot of experiences, either you're a hero or a legend in it, losing your money will never be impossible.

That is why traders are advise to trade only an amount they can afford to lose. Because if you trade with higher amount, the risk becomes higher too, and so you will also lose a huge amount. But if you trade with a minimal amount, your profits might be smaller, but in times you lose it will not be that huge too.

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September 15, 2021, 03:32:45 PM
 #28

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)
A trader will get a loss someday because the trader can not always take profit, even in bitcoin. But what makes it different is that a good trader can change the situation by recovering their losses and learning more about trading. You only need to learn how to be a good trader, make a profit, and control your emotion because, in trading, you will face many things that can make your emotion or tension or pressure high. If you lose, you will have a good lesson to analyze why you lose to improve your skills in the next trading.

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September 15, 2021, 07:19:14 PM
 #29

Trading can be learned and anytime you can google it and a lot of resources will come out. But trading with losses is inevitable. Even if you got a lot of experiences, either you're a hero or a legend in it, losing your money will never be impossible.

That is why traders are advise to trade only an amount they can afford to lose. Because if you trade with higher amount, the risk becomes higher too, and so you will also lose a huge amount. But if you trade with a minimal amount, your profits might be smaller, but in times you lose it will not be that huge too.
This is 100% true and it is even more true when we are talking about leverage trading as well. There are so many people who think that the money that can be made from bitcoin is long gone and you can make only a small amount of profit from bitcoin trading regularly, just buy and selling it could make you limited amount of money, so the best way to make money is to risk even more and do leverage trading. They are wrong, you could still make a great return on crypto, the bottom and the top of this year is more than 2x so you could still make a ton of money.

However leverage trading is obviously more profitable when you are right, but when you are wrong then you do not lose just a small amount, you lose everything and that is the most important part of the deal, you lose everything you put in. Always be careful when trading in crypto, you could lose more than you anticipated.

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September 15, 2021, 07:33:04 PM
 #30

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)
A trader will get a loss someday because the trader can not always take profit, even in bitcoin. But what makes it different is that a good trader can change the situation by recovering their losses and learning more about trading. You only need to learn how to be a good trader, make a profit, and control your emotion because, in trading, you will face many things that can make your emotion or tension or pressure high. If you lose, you will have a good lesson to analyze why you lose to improve your skills in the next trading.
Losses will be very possible when it comes to bitcoin trading even how good or expert you are. The good traders may overcome from committing losses often but still, they end up losing somehow. Because if trading does not incur losses most often, then everyone will focus on it rather than simply investing and holding. But it will not be that way. The more you get knowledgeable and skilled in trading, the higher chances that you will make profits than losing your capital. But even how often you make profits, expect that you will also lose sometimes because bitcoin trading is just between losing your money or winning your profits. If you lose, the other trader wins profits too.

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September 15, 2021, 09:55:45 PM
 #31

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.
People that think they can enter a market which is incredibly competitive and never lose are delusional, we just need to take a look at whatever is your favorite sport and you will see players with amazing skills and yet they lose all the time.

The moment someone accepts to enter a competition they need to accept the fact they will lose once in a while, at the end of the day what matters is how much money ends up being on your pocket and if you happen to lose a few times to get there then it does not matter.

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September 15, 2021, 10:23:16 PM
 #32

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)
Trading is basically predicting the future and there are many people who argue about the fact that is gambling or not, but never the less it requires skill and a lot of experience, an experience that comes from losing over and over until you find the one that profits you, and if trading had never any losses than everyone on earth would quit there join and start trading but that does not mean that you can not find a balance between making profits and recovering or learning from your losses.
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September 15, 2021, 11:38:37 PM
 #33

if you can trade well then of course you will get a profit. but for beginners, of course, failure is a natural thing and we cannot blame it too much. we must be able to rise and learn from the mistakes that have been accepted. failure does not mean finished, we can still fix it and be more careful in the future. just follow the flow and you will get your own passion in trading, all that takes time and also a process.

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September 16, 2021, 05:18:38 AM
 #34

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 think it's impossible to be profitable in BTC trading without experiencing losses because it's a skill that can only be built by years of trading experience and learning from numerous losses. Just like what most people say "If you win, you earned a profit, and If you lose, you learn from it". Trading is simple but it's not easy.

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September 16, 2021, 06:16:57 AM
 #35

I have spent time to read about Bitcoin trading, hence want to comprehend how it influence and overwhelm
That means you did not read the necessary writing. Because if you did you would not be asking this question.

If you having zero prior experience in stock markets and other speculative asset trading, you should refrain from bitcoin trading at the start. Learn how the blockchain works and how to secure your wallets before starting trading.

Quote
The market in this forum.
The "Marketplace" in this forum is usually for goods and services. Currency exchanging also happens but not trading per se.

Quote
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)
What I said above, dont jump into trading because there will be losses and profits. In the starting usually losses are more than profits. Try dummy trading on paper first for at least six months before putting in real capital.

R


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September 16, 2021, 10:18:24 AM
 #36

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)
A trader will get a loss someday because the trader can not always take profit, even in bitcoin. But what makes it different is that a good trader can change the situation by recovering their losses and learning more about trading. You only need to learn how to be a good trader, make a profit, and control your emotion because, in trading, you will face many things that can make your emotion or tension or pressure high. If you lose, you will have a good lesson to analyze why you lose to improve your skills in the next trading.
Losses will be very possible when it comes to bitcoin trading even how good or expert you are. The good traders may overcome from committing losses often but still, they end up losing somehow. Because if trading does not incur losses most often, then everyone will focus on it rather than simply investing and holding. But it will not be that way. The more you get knowledgeable and skilled in trading, the higher chances that you will make profits than losing your capital. But even how often you make profits, expect that you will also lose sometimes because bitcoin trading is just between losing your money or winning your profits. If you lose, the other trader wins profits too.
A good trader will have a chance to overcome their problem, especially if they got losses from the last trade and they can turn it to make a profit from the next trading. That will not be easy because that will need more experience to analyze the coin and find the increase. Trading will need you to learn more as the market will always move without us know so without having the right knowledge about trading. And if we lose today, we can make a profit in the next day and the important thing is we do not have to give up because of our losses today.

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September 16, 2021, 10:37:34 AM
 #37

Trading bitcoin is not just about numbers,  it is important to understand  the underlined idea behind bitcoin,  you can then position yourself to make most of opportunities that will be presented to you by volatility of Cryptocurrency market!  Every time there is a dump,  fear,  rumors,  negative news, etc most experienced traders know that these are opportunities for lower entry and good position for future profits!

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Wawa2013
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Merit: 267



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September 16, 2021, 10:37:54 AM
 #38

Losses will be very possible when it comes to bitcoin trading even how good or expert you are. The good traders may overcome from committing losses often but still, they end up losing somehow. Because if trading does not incur losses most often, then everyone will focus on it rather than simply investing and holding. But it will not be that way. The more you get knowledgeable and skilled in trading, the higher chances that you will make profits than losing your capital. But even how often you make profits, expect that you will also lose sometimes because bitcoin trading is just between losing your money or winning your profits. If you lose, the other trader wins profits too.
A good trader will have a chance to overcome their problem, especially if they got losses from the last trade and they can turn it to make a profit from the next trading. That will not be easy because that will need more experience to analyze the coin and find the increase. Trading will need you to learn more as the market will always move without us know so without having the right knowledge about trading. And if we lose today, we can make a profit in the next day and the important thing is we do not have to give up because of our losses today.

The ever-changing market makes us have to monitor the market often. No matter how great our analytical skills are, we will definitely experience
losses when trading Bitcoin. Likewise for experienced traders it is impossible to profit without experiencing losses. In fact, losses are experienced
by all traders, all we need is to minimize the losses we experience, and maximize the profits we generate. As long as we don't give up and always
correct our mistakes when trading, then I believe the amount of profit we generate will be greater than the losses we experience. I agree with you,
when we lose today, we can profit the next day. So if we experience losses, don't panic, because that's not the end of everything. We can still make
a profit as long as we do the analysis correctly.

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ethereumhunter
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September 17, 2021, 01:16:06 PM
 #39

Losses will be very possible when it comes to bitcoin trading even how good or expert you are. The good traders may overcome from committing losses often but still, they end up losing somehow. Because if trading does not incur losses most often, then everyone will focus on it rather than simply investing and holding. But it will not be that way. The more you get knowledgeable and skilled in trading, the higher chances that you will make profits than losing your capital. But even how often you make profits, expect that you will also lose sometimes because bitcoin trading is just between losing your money or winning your profits. If you lose, the other trader wins profits too.
A good trader will have a chance to overcome their problem, especially if they got losses from the last trade and they can turn it to make a profit from the next trading. That will not be easy because that will need more experience to analyze the coin and find the increase. Trading will need you to learn more as the market will always move without us know so without having the right knowledge about trading. And if we lose today, we can make a profit in the next day and the important thing is we do not have to give up because of our losses today.

The ever-changing market makes us have to monitor the market often. No matter how great our analytical skills are, we will definitely experience
losses when trading Bitcoin. Likewise for experienced traders it is impossible to profit without experiencing losses. In fact, losses are experienced
by all traders, all we need is to minimize the losses we experience, and maximize the profits we generate. As long as we don't give up and always
correct our mistakes when trading, then I believe the amount of profit we generate will be greater than the losses we experience. I agree with you,
when we lose today, we can profit the next day. So if we experience losses, don't panic, because that's not the end of everything. We can still make
a profit as long as we do the analysis correctly.
The key here is not to panic, always try with the next trade, and not give up if we lose this day. Yes, it is hard as we see the market will always change every day and we must analyze using many ways, but that is worth doing, especially if we want to profit from the market. Every trader should face a loss but they can make a profit in the next day so as long as we can learn more about trading and still searching for the right coins, I am sure we can make a profit and no matter if the profit is small, one day we will make a big profit.

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DarkDays
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September 17, 2021, 02:23:26 PM
 #40

Trading bitcoin is not just about numbers,  it is important to understand  the underlined idea behind bitcoin,  you can then position yourself to make most of opportunities that will be presented to you by volatility of Cryptocurrency market!  Every time there is a dump,  fear,  rumors,  negative news, etc most experienced traders know that these are opportunities for lower entry and good position for future profits!
Exactly, it is as they say 'buy when there's blood in the streets'. This is the attitude smart investors are taking and it is imperative that in order to survive the volatility market, users with a long-term plan in mind need to adjust the same strategies.

FUD is always around but when it becomes such that it impacts the market greatly, it is time to consider buying in because the. market will eventually recover!
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