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Topic: Bitcoin is the best thing to trade (Read 1035 times)

sr. member
Activity: 350
Merit: 251
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July 05, 2016, 05:04:17 AM
#26
Bitcoin right now due to its high volatility could yield the highest ROI in the shortest time possible. But because the price is fluctuating so much one could win a lot but also lose a lot. So investing in Bitcoin is like a double-edged sword because no one knows for sure if this trend will continue in the future and for how long before the investments turn from positive into negative.
legendary
Activity: 1666
Merit: 1001
July 05, 2016, 04:53:43 AM
#25
Yes i must admit bitcoin is one of the best thing to trade and also one of the greatest investment for now, i have been trading bitcoin for 1 years and the profit is quite good if compare to trade using fiat
legendary
Activity: 1946
Merit: 1137
July 05, 2016, 04:02:08 AM
#24
i can say that bitcoin is a very good thing to trade but it many not be the best thing from time to time. there are some times in the bitcoin history that there are good opportunities for profit but also there are down times, which makes the market boring and stable.

but in general i find trading crypto currencies in general to be the best thing especially altcoins that can go up more than 100% in one day.
sr. member
Activity: 1008
Merit: 297
Grow with community
July 05, 2016, 03:43:22 AM
#23
COmpare to any other units or items listed or included in a traders protfolio, Bitcoin must not be left behind. Seriously speaking nowadays bitcoin has the most promising return of investment or high trading earning power that has been continuosly breaking its own record. Since 2009 bitcoin has exceeded the expectations of traders around the world, the so called traditional trend has been smashed by bitcoins due to its skyrocket increase in market value and still continue to grow. Fortunately to all traders they must not miss this opportunity to include bitcoin in their portfolio.

Wow, I would like to try to trade bitcoins but I dont know how I am just a newbie. I only know how to play in gambling sites and collect referral commissions. But after reading this post I will try to research some more on trading details and information. I hope by next month I can start trading. It may seem complicated but since I love bitcoin I may be able to do it.

you can go here about bitcoin trading discussions https://bitcointalk.org/index.php?board=8.0

you may also start a little to explore, as I am always saying for this forum Patience is a Money for the traders, learn to control your emotions and begin by funding your wallet thru other means of earning of bitcoin here sig campaigns for example, before go investing and risk bigger amount in tradings. goodluck.
sr. member
Activity: 644
Merit: 264
Aurox
July 05, 2016, 03:34:00 AM
#22
COmpare to any other units or items listed or included in a traders protfolio, Bitcoin must not be left behind. Seriously speaking nowadays bitcoin has the most promising return of investment or high trading earning power that has been continuosly breaking its own record. Since 2009 bitcoin has exceeded the expectations of traders around the world, the so called traditional trend has been smashed by bitcoins due to its skyrocket increase in market value and still continue to grow. Fortunately to all traders they must not miss this opportunity to include bitcoin in their portfolio.

Wow, I would like to try to trade bitcoins but I dont know how I am just a newbie. I only know how to play in gambling sites and collect referral commissions. But after reading this post I will try to research some more on trading details and information. I hope by next month I can start trading. It may seem complicated but since I love bitcoin I may be able to do it.
full member
Activity: 196
Merit: 100
July 05, 2016, 03:26:55 AM
#21
Bitcoin has a special attraction for investors and day traders because of the absolute liquidity (due to the lack of mass use) and volatile exchange rate fluctuations, which now can be seen on the charts.
legendary
Activity: 3010
Merit: 1280
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July 05, 2016, 02:54:34 AM
#20
Guys we must remember that Bitcoin crashed hard after it reached that $1200 all time high and that history can repeat itself again this time around too. Bitcoin is a highly volatile asset and the price can go up or down overnight incurring huge losses to investors. There is no certainty about what the price will be at tomorrow or a week from now because it fluctuates likes crazy. Also a massive panic sell will see the price crashing down again. All I am saying is that Bitcoin might be the most profitable thing to trade right now, but people need to do this trading with caution.

All trading have caution as far as I know,  and for trading a very high volatility item like Bitcoin, one should pay attention closely so you can sell your holdiing as soon as possible when sign of decline appear.  Anyway at this moment Bitcoin is one of the best thing to trade because of the possible high profit you can earn from trading it.
legendary
Activity: 2170
Merit: 1427
July 05, 2016, 02:42:55 AM
#19
Before I was using or even knowing Bitcoin I was doing stock trading. My average yearly profit was around 10-20% which isn't that bad in terms of stocks. I directly stopped all stock trading and sold everything to put that money into Bitcoin in 2013. And look where it brought me now. So far I have managed to more than double my money with trading every year. It's just amazing.
legendary
Activity: 3472
Merit: 10611
July 05, 2016, 02:37:36 AM
#18
it is good and bad. i believe it is a good thing to trade because of the price changes and the volatility that creates a good opportunity for traders to gain the most profit out of and also it is a good place to start trading because you can do it with abnormally small amount of money.

but it is also bad because the changes, volatility is not so predictable always. so it happens that you get surprised a lot of times about the price change and you have to act fast because the swings are a little big.
legendary
Activity: 3542
Merit: 1965
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July 05, 2016, 02:36:50 AM
#17
The volatility has a upside to, and that is for the day traders to flourish in that environment. We should also mention that Bitcoin as a currency, not a commodity has performed the best compared to other currencies for many years now, so that in it self should serve as a motivation for people to trade in Bitcoin. The Chines have zero fees on their exchanges, and this makes trading in Bitcoin even more profitable for the average trader. So yes, I do agree with you on that statement. ^smile^
full member
Activity: 224
Merit: 100
Defender of Bitcoin
July 05, 2016, 02:31:16 AM
#16
Guys we must remember that Bitcoin crashed hard after it reached that $1200 all time high and that history can repeat itself again this time around too. Bitcoin is a highly volatile asset and the price can go up or down overnight incurring huge losses to investors. There is no certainty about what the price will be at tomorrow or a week from now because it fluctuates likes crazy. Also a massive panic sell will see the price crashing down again. All I am saying is that Bitcoin might be the most profitable thing to trade right now, but people need to do this trading with caution.
hero member
Activity: 1568
Merit: 502
July 05, 2016, 02:17:06 AM
#15
Its best for trading because its highly volatile currency...so its a bit risky as well...but for experts its good


Bitcoin is the only altcoin has highest market exchange rate globally. Also have highly fluctuated market for Bitcoins. By considering this bitcoin trading can give good profit.
newbie
Activity: 28
Merit: 0
July 05, 2016, 02:06:22 AM
#14
Its best for trading because its highly volatile currency...so its a bit risky as well...but for experts its good
sr. member
Activity: 1008
Merit: 297
Grow with community
July 05, 2016, 02:03:42 AM
#13
Clearly a lot of people have a different view to it. Bitcoin is definitely not a best thing due to the volatiity, and easy manipulation by people with large amount of funds. It might be good as an investment for people who invest in it for long terms, but its definitely not the best for any trader. However people who are trading with larger amount of funds, may have a different experience.

Bitcoin is best for each kind of people. Whether you are an investor, trader, service provider or even gambler, Using bitcoins for all them give them an added advantage.

Care to expand on that ? Sticking to the topic for a trader, bitcoin is not always an easy thing to trade. I remember back when the price was around 450 last year, it dived down to 350 in less than an hour,  a trader usually trading in short times, doesn't usually hold onto bitcoins for long and could have taken a loss right there. Not saying that price going down is bad, but just that big swings due to market sentiment usually is.

A true trader knows the volatility and should be wise, when the price drops at 100 bucks then it is also a trigger for another buy, patience is virtue in trading and by the way not to mention that a trader has also extra bucks for another buy drops.
legendary
Activity: 1372
Merit: 1000
July 04, 2016, 11:44:08 PM
#12
Clearly a lot of people have a different view to it. Bitcoin is definitely not a best thing due to the volatiity, and easy manipulation by people with large amount of funds. It might be good as an investment for people who invest in it for long terms, but its definitely not the best for any trader. However people who are trading with larger amount of funds, may have a different experience.

Bitcoin is best for each kind of people. Whether you are an investor, trader, service provider or even gambler, Using bitcoins for all them give them an added advantage.

Care to expand on that ? Sticking to the topic for a trader, bitcoin is not always an easy thing to trade. I remember back when the price was around 450 last year, it dived down to 350 in less than an hour,  a trader usually trading in short times, doesn't usually hold onto bitcoins for long and could have taken a loss right there. Not saying that price going down is bad, but just that big swings due to market sentiment usually is.
hero member
Activity: 588
Merit: 500
July 04, 2016, 11:27:37 PM
#11
Clearly a lot of people have a different view to it. Bitcoin is definitely not a best thing due to the volatiity, and easy manipulation by people with large amount of funds. It might be good as an investment for people who invest in it for long terms, but its definitely not the best for any trader. However people who are trading with larger amount of funds, may have a different experience.

Bitcoin is best for each kind of people. Whether you are an investor, trader, service provider or even gambler, Using bitcoins for all them give them an added advantage.
legendary
Activity: 1372
Merit: 1000
July 04, 2016, 10:51:33 PM
#10
Clearly a lot of people have a different view to it. Bitcoin is definitely not a best thing due to the volatiity, and easy manipulation by people with large amount of funds. It might be good as an investment for people who invest in it for long terms, but its definitely not the best for any trader. However people who are trading with larger amount of funds, may have a different experience.
hero member
Activity: 966
Merit: 507
July 04, 2016, 10:38:31 PM
#9
According to many other failed traders that usually share their trading experiences on this forum, trading bitcoin or other altcoins is not so easy and profitable as you say. And I also think so because of the great unpredictability and volatility of the bitcoin behavior, which is very unusual compare to other assets or markets.
sr. member
Activity: 292
Merit: 250
July 04, 2016, 09:48:14 PM
#8
COmpare to any other units or items listed or included in a traders protfolio, Bitcoin must not be left behind. Seriously speaking nowadays bitcoin has the most promising return of investment or high trading earning power that has been continuosly breaking its own record. Since 2009 bitcoin has exceeded the expectations of traders around the world, the so called traditional trend has been smashed by bitcoins due to its skyrocket increase in market value and still continue to grow. Fortunately to all traders they must not miss this opportunity to include bitcoin in their portfolio.

Bitcoin is the best thing to trade but there are other altcoins that best thing to trade than bitcoin because in bitcoin you need too big funds to earn too much. In altcoin your money can fold in many fold in just easy way. But in bitcoin it can too but it takes year or months to fold your money in 2x fold.
legendary
Activity: 3500
Merit: 6981
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July 04, 2016, 09:39:17 PM
#7
Ok how many of you guys are thinking this was written by a bot?  Sure as hell sounds like it.
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