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

[LUCKMCFLY]

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.

You are right, although I have always thought that despite everything BTC can go down a lot in price, but in one way or another it will recover and quickly, so it will produce bullish surprises, this is what makes everything different from the stock market, because BTC never disappoints, when BTC falls in price all the enemies of BTC come out saying that the bubble burst, that it died and a series of news that long ago FUD, this is part of the story, but those who are very intelligent They know that when these events occur, it is best to buy in the dip, this is the best advantage the market has, and its recovery is very fast, so investing in BTC is one of the ones that offers the most benefits in the short and medium term. The secret of BTC investment is knowing how to be patient, not despair and try to ignore bad news about BTC, I think that is where the success of successful BTC investment starts.

[Twinscoin2017]

Losing in trading is always possible same with investing. Because sometimes everything is not going to happen according to what we plan, because crypto is always moving up and down and many trader cannot control their emotions when market will having a huge dip which lead them to loss their fucos and make a change of plan that is why sometimes they loss.

[Wawa2013]

~

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.

For me not only don't panic the key to trading success, but we have to be patient and wait for the Bitcoin price to reach the target we want.
Sometimes Bitcoin moves not according to our predictions,  when that happens don't panic and be patient waiting for the Bitcoin price to return
to the direction we want. Because the price of Bitcoin is volatile, the movement is difficult to predict, sometimes there is a sudden correction,
but it can also happen that the price of Bitcoin suddenly rises. But as long as we don't panic and can be patient, then the profit will come by itself.

[wxa7115]

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.

It is impossible that something like that exists because that will require that you have a system that can predict exactly what is going the market to do before it actually happens, and you will need to have a very accurate crystal ball because no one can do that, if people want to trade then they need to have realistic expectations about what they can achieve with a trading system.

They need to recognize that by definition trading includes a significant amount of risk they are going to lose their money, so only those that are willing to take that risk responsibly should trade, unfortunately the majority of the people do not really fit that definition, and despite all of this they still trade with abysmal results.

[Pom_bensin]

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)

remember bitcoin has high volatility, bitcoin was created not to fully experience increases but also decreases. here professional traders all over the world are bound to lose, but they can handle bitcoin well and manage risk well. so in my opinion it is impossible if bitcoin trading does not suffer losses

[palle11]

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)

Understand that most of trading are what you teach yourself and not only what you read on YouTube.. You must have to teach yourself after having the basic knowledge through seminar or other means, those are the basic. You then have to move out of that training to have your own understanding of the situations of market. The two major factors that push market are fundamental and technical. Focus more on the technical aspect of trading, those are the charts.

[TheUltraElite]

remember bitcoin has high volatility,

"High Volatility" - My ass.
https://t3index.com/indices/bit-vol/
https://www.buybitcoinworldwide.com/volatility-index/

Now dont tell me you cant read the charts above. As long it remains below 10%, it is not "high" volatility. It has been like this for ages unless some millionaire crazy person comes in to social media to brag about it when the volatility becomes crazy. Other times like this, it remains in this range below even 5%.

bitcoin was created not to fully experience increases but also decreases.

It is a speculative asset, it will have increase and decrease.

here professional traders all over the world are bound to lose, but they can handle bitcoin well and manage risk well. so in my opinion it is impossible if bitcoin trading does not suffer losses

True, one will suffer losses when trading a speculative asset class but this does not mean that trading itself is a loss of money. For someone who knows how to read charts, they can predict and place orders to juggle between support and resistance levels. By doing this they can cycle money through the bear and bull cycle in turn crunching out a profit.

[ethereumhunter]

You are right, although I have always thought that despite everything BTC can go down a lot in price, but in one way or another it will recover and quickly, so it will produce bullish surprises, this is what makes everything different from the stock market, because BTC never disappoints, when BTC falls in price all the enemies of BTC come out saying that the bubble burst, that it died and a series of news that long ago FUD, this is part of the story, but those who are very intelligent They know that when these events occur, it is best to buy in the dip, this is the best advantage the market has, and its recovery is very fast, so investing in BTC is one of the ones that offers the most benefits in the short and medium term. The secret of BTC investment is knowing how to be patient, not despair and try to ignore bad news about BTC, I think that is where the success of successful BTC investment starts.

You are also right and I agree with you. When we have experienced being involved in the crypto world, we will know that many people will act like a blown whistle and poison other to leave the crypto and sell their coins at a loss and do not look back. Those people can use the moment to buy so many potential coins when the price jumps down without any problem. I am sure by learning more about crypto, we will know what we need to do when the market goes to some point and we will not be afraid or worry if the price is suddenly going down because we always believe that in the end, the price will be back to the high price.

For me not only don't panic the key to trading success, but we have to be patient and wait for the Bitcoin price to reach the target we want.
Sometimes Bitcoin moves not according to our predictions,  when that happens don't panic and be patient waiting for the Bitcoin price to return
to the direction we want. Because the price of Bitcoin is volatile, the movement is difficult to predict, sometimes there is a sudden correction,
but it can also happen that the price of Bitcoin suddenly rises. But as long as we don't panic and can be patient, then the profit will come by itself.

Do not panic will be the key and I think that it works in any field or business. If we can stay calm, I am sure we will see a clue behind everything that happens to the market and who knows, we can see a golden moment that many people can not see. If bitcoin moves are out of our expectations, we can leave it for a while and do some analysis to know more info and if we can not get the info, maybe leaving the market will be better to calm down. The price correction will always happen and we already know about that so we do not have to panic.

[taufik123]

-snip-here professional traders all over the world are bound to lose, but they can handle bitcoin well and manage risk well. so in my opinion it is impossible if bitcoin trading does not suffer losses

True, one will suffer losses when trading a speculative asset class but this does not mean that trading itself is a loss of money. For someone who knows how to read charts, they can predict and place orders to juggle between support and resistance levels. By doing this they can cycle money through the bear and bull cycle in turn crunching out a profit.
[/quote]
which in essence whatever the current market conditions, using technical analysis and fundamental knowledge will provide benefits at every momentum. A professional trader will read the charts easily and determine when to enter and when to exit. But even so, no prediction or chart reading is 100% correct, there will be some errors and some losses. Profit is something that is always desired but loss is something that cannot be avoided. profit and loss is normal.

[jaberwock]

It is a speculative asset, it will have increase and decrease.

However those increases and decreases do not really exist outside of crypto vacuum. Sure in a regular day it is not really that volatile, it is quite mellow and it doesn't really have anything at all and it could be considered nearly stable. However the reality is that we are talking about something that could be very very risky when there are huge movements, those "famous person tweets about it" is just way too big to ignore.

I have seen it go from 52k to 42k in under an hour (regrouped at 47k) just a few weeks ago, it hasn't recovered too much since and dropped back to 42k but that 10k drop was in under one hour. That should show you what it means to be volatile and that is why I doubt that bitcoin would ever be considered a riskless trading asset. I would be basically a very scared person when trading here, doesn't mean you shouldn't be trading, it just means the profits are higher and loses are higher as well.

[huu78]

Trading Btc or any other crypto is volatile trading. It is not true to say that one always gains in crypto trading. They must have experienced loss. But from this loss there will be a lot of learning to be able to take attitudes and future actions. No pain No Gain, the motto of traders around me.

[so98nn]

If everyone started profiting then there must be some sorta magical money tree blessing the money out of no where!

Well, never forget this: If you are profiting it means someone is buying at the prices at which you are selling yours. This is how the trading market flows. The money does not just appears out of nowhere or disappears in the process. If you open up any trading chart on platform then notice the buy-sell changes which decides the price of coin on live basis.

You better know how the market works really and then jump in with the investment plan. Because sometimes you are the buyer when someone already bought it at much lesser price in the past and now whose selling to you!

[Natalim]

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)

remember bitcoin has high volatility, bitcoin was created not to fully experience increases but also decreases. here professional traders all over the world are bound to lose, but they can handle bitcoin well and manage risk well. so in my opinion it is impossible if bitcoin trading does not suffer losses

Losses are also inevitable in bitcoin trading, even professionals are losing too. Just think of this, if you are a good trader and happens to make profits at the end of the day, i guess the other trader too lose somehow. It's just when one trader gains profits, the other one losses his expected profits. I think the crypto market has learned to balance itself. Bitcoin trading has definitely its high risk, but if you know how to manage the risk, you may start minimizing your losses and end up gaining a lot of profits.

[worle1bm]

Trading is incomplete without the word loss even if you talk about bitcoin trading also.Similar to short term traders and leverage traders who lost billions in hoard of panic sell and price dips or say position liquidation.How come you think any successful trader has byepass loss by losing simply less than they could if they are not aware of the the market circumstances.So avoid any such thoughts and do wise trading.

[wxa7115]

If everyone started profiting then there must be some sorta magical money tree blessing the money out of no where!

Well, never forget this: If you are profiting it means someone is buying at the prices at which you are selling yours. This is how the trading market flows. The money does not just appears out of nowhere or disappears in the process. If you open up any trading chart on platform then notice the buy-sell changes which decides the price of coin on live basis.

You better know how the market works really and then jump in with the investment plan. Because sometimes you are the buyer when someone already bought it at much lesser price in the past and now whose selling to you!

Believe it or not many people do not have any idea of how the markets work and by talking to them they seem to have this idea that money is going to appear magically on their accounts, I know it sounds ridiculous but that is the way many people think.

There is a reason exchanges are called exchanges, for a person to be able to buy a coin then someone else needs to be willing to sell, and both people are thinking they are taking the right decision, one is selling because they think the price is going down while the one buying does so because they believe the price is going up, and only those that are able to outsmart their opponents have any chance of becoming profitable, and in order to be capable of that a great deal of knowledge and experience is needed, and yet newbies think that just by being part of the market they will not only win but win big and this is a huge mistake.

[TheUltraElite]

However the reality is that we are talking about something that could be very very risky when there are huge movements, those "famous person tweets about it" is just way too big to ignore.

The point is that we tend to focus more on the news of when those famous manipulators move in on the price. It is a normal occurrence to see big spikes at times but these dont happen everyday. What I am trying to say is that the number of times when the market remains under less than +/- 5% is way more than the number of spectacular events, making the latter even out the percentage rise or fall. Most of the times, the volatility remains less than 10-15%.

That should show you what it means to be volatile and that is why I doubt that bitcoin would ever be considered a riskless trading asset.

Bitcoin is never a riskless asset. Volatility is not the only factor to determine risk. We have governments not being lenient about crypto, we have exchanges getting hacked every few months, unregulated manipulated - all these are risk factors that increase the total risk of bitcoin trading. Indeed we tend to focus more on metrics like volatility index, but these should be kept in mind as well.

I would be basically a very scared person when trading here, doesn't mean you shouldn't be trading, it just means the profits are higher and loses are higher as well.

Totally agreed on that.

[Alisha-k]

Bitcoin market is very volatile and this .makes losses a part of the business. As a newbie to trading you still need to get well rooted on how each candle is formed and how different factors affect the flow of price both in bullish and bearish trends. Trading isn't like gambling you need lots of analysis to make an entry point in trading . For now focus more on the knowledge

[carrigan]

Bitcoin without losses is impossible, even a professional trader has experienced losses. What can be done is that you must be able to maintain profits often and only suffer losses a little. This may be difficult but learn from the mistakes you have made before, try to do some analysis of the things that make you lose then solve them and don't repeat them. don't forget to activate stop loss because this is also an important component when you trade.

[sana54210]

Bitcoin without losses is impossible, even a professional trader has experienced losses. What can be done is that you must be able to maintain profits often and only suffer losses a little. This may be difficult but learn from the mistakes you have made before, try to do some analysis of the things that make you lose then solve them and don't repeat them. don't forget to activate stop loss because this is also an important component when you trade.

This is what the newbies are missing out. They think that we put our money in and made so much profit that somehow crypto is "get rich quick and easily" type of deal. Only scams can guarantee you that you can get rich quick and safely, nothing in this world and I mean NOTHING in the world could make you rich without risk. They just don't know it because they have seen plenty of people turning few tens of thousands into millions of dollars.

I had a friend who turned 16 thousand dollars into 1.2 million dollars just last year, not because he was smart or he knew what he was doing, he got into some staking coin on nearly the first time it crashed, something that was a thousand turned into 100, and everyone got out from fear but this dude got in instead, then it was both staking and then turned to be 10k dollars at the top, between how much he staked for months and months on high APR and the insane returns he got, he became rich.

Was this riskless? Dude got in literally the moment when everyone got out, it could have been zero all we knew, but he did it, I made a good 4x on the same token as well but I was too late and didn't made anything remotely as much as him.

[famososMuertos]

You have to put your hands in trading whether paying or free, you have to eliminate zero ignorance by yourself and also always carry mistrust as the main daily premise in trading, you cannot be following the advice of others without having a minimum idea of what they tell you, and you can't even follow the recommended investments of those who claim to be experienced trader, when we are in the bitcoin trade, it is common to make mistakes.

Then when you start to make your own movements you realize that more time is spent in the recovery zone. Losses in trading are so normal that sometimes even having a day with few losses it is a positive way to increase your earnings at the end of the month.