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Topic: Bitcoin trade (Read 1353 times)

hero member
Activity: 3220
Merit: 678
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February 09, 2020, 09:31:56 AM
#67
However, stablecoins could be official and stablecoins could have an official governmental page which is what we are hoping for the future. Think about USA eventually making a USDS type of deal that is USA dollar stablecoin and they have a website where you can send your stablecoin and receive regular fiat in return whenever you want. If that were to happen believe me there would be HUGE changes in bitcoin world, not just for the Americans but everyone around the world who can withdraw dollars to their bank accounts.

We would effectively using the whole USA as an exchange which you could trust more than any other exchange since this is a whole nation and how can you trust an exchange more than you can trust a nation. So, a governmental approach would benefit us all.
full member
Activity: 742
Merit: 121
February 09, 2020, 04:36:54 AM
#66
There is no official price and there are no other official sources either, since they are not needed. That's the beauty of technology, that no regulatory authority is needed. The price is formed by itself. Of course, there are manipulations in this market. But no official organizations are needed.
hero member
Activity: 1722
Merit: 528
February 08, 2020, 11:57:19 PM
#65

I agree with you I can trade with Bitcoin at any time It will be entirely up to you. There is no catch barrier to trading Bitcoin and this is not an official job. You can trade Bitcoin as you wish but you will have to trade depending on the market situation.
Trading Bitcoin also requires the right time, if you enter the market when the situation is stagnant, it is difficult to get profit. Indeed Bitcoin prices tend to fluctuate but there was a time when prices were stagnant and I thought it was not the right time to trade Bitcoin, except if you plan to long-term, it's okay to enter the market.

But can you afford that?

Not all of the long term investments prevails. It is not that when you go with it, it would be an easy profit, but it is not. Always think if you will be able to afford that since investing in cryptocurrencies are a huge risk that is why you should be really careful with it. The price chart is not that easy to read and that is the same as what will happen. all of it falls into your knowledge and skill as an investor.
hero member
Activity: 2912
Merit: 556
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February 08, 2020, 11:11:56 PM
#64

I agree with you I can trade with Bitcoin at any time It will be entirely up to you. There is no catch barrier to trading Bitcoin and this is not an official job. You can trade Bitcoin as you wish but you will have to trade depending on the market situation.
Trading Bitcoin also requires the right time, if you enter the market when the situation is stagnant, it is difficult to get profit. Indeed Bitcoin prices tend to fluctuate but there was a time when prices were stagnant and I thought it was not the right time to trade Bitcoin, except if you plan to long-term, it's okay to enter the market.

It is difficult, but at least we can search that right time to enter the market by analyzing the market. When we analyze the market, we will find out that bitcoin will be down for a while, and that will be a good time to enter the market and buy bitcoin. No matter if you want to use the bitcoin, for the long term or short term, you can try to make a profit from selling the bitcoin when the price increase. Even if the bitcoin price fluctuates every day, we can try to buy a low price and sell at a high price.
sr. member
Activity: 1638
Merit: 278
February 08, 2020, 10:28:59 PM
#63
Today one of the fastest-growing transactions is with the use of bitcoin or cryptocurrency, and those kinds of processes can help a lot towards the future. If we are talking about bitcoin there are a lot of people starts investment because of the potential of this coin we all know that the price of the bitcoin came from the lowest price that is almost a thousand dollar each bitcoin, but today the cost of the bitcoin continuously increasing and gain a lot of profit and popularity and now many people make an investment on it because of the possible income they can get in the future. Still, with the help of the bitcoin trade, we can trade into different coins and currency that can help us to make more profit because trading on it.
Actually I have to correct you on one point. Price for bitcoins have not started from a thousand dollar but it started with few cents in the early stage of bitcoins. $0.18 was the first launch price of bitcoins perhaps as compared to now it has hiked above $9500 which makes a profit of around 9500% which is extreme and none of the other commodities including gold, real estate, etc can give this immense profits.

Bitcoins are been trying to overrule the traditional payment methods and benefits of bitcoins are making them more popular among the traders. This is where we find profits only because of the high price movement offered by bitcoins in a number of exchanges.
hero member
Activity: 1442
Merit: 510
February 08, 2020, 12:38:43 AM
#62

I agree with you I can trade with Bitcoin at any time It will be entirely up to you. There is no catch barrier to trading Bitcoin and this is not an official job. You can trade Bitcoin as you wish but you will have to trade depending on the market situation.
Trading Bitcoin also requires the right time, if you enter the market when the situation is stagnant, it is difficult to get profit. Indeed Bitcoin prices tend to fluctuate but there was a time when prices were stagnant and I thought it was not the right time to trade Bitcoin, except if you plan to long-term, it's okay to enter the market.
legendary
Activity: 3346
Merit: 1128
February 07, 2020, 05:39:09 PM
#61
Bitcoin trade is Unlike stock markets, there are no official Bitcoin exchanges. Instead, there are hundreds of exchanges around the world that operate 24/7. Because there is no official Bitcoin exchange, there is also no official Bitcoin price. This can create arbitrage opportunities, but most of the time exchanges stay within the same general price range. So we can exchange bitcoin anytime anywhere.

I agree with you I can trade with Bitcoin at any time It will be entirely up to you. There is no catch barrier to trading Bitcoin and this is not an official job. You can trade Bitcoin as you wish but you will have to trade depending on the market situation.
Bitcoin trading markets does not pressurize anyone to stay with the markets. Also there are no legal obstacles in trading with bitcoins like paying taxes, etc so it makes the markets more popular. Bitcoins are not regulated by any of the legal authorities so how could we expect an official exchange for bitcoins? Bitcoins are a digital coin which can be transferred on the blockchain network which is completely decentralized. People make benefits from buying and selling bitcoins with the high volatility of prices and it is what makes them gain profits.

There is no need of any official bitcoin markets as bitcoins as not actual stocks. They are a digital commodity which can be sold and bought on a number of platforms.
sr. member
Activity: 1932
Merit: 370
February 07, 2020, 11:12:11 AM
#60
Yes arbiratge also promising some profit but there are any risk too, the risk is when Bitcoin confirmation so long and the withdrawal fee from current exchange to others exchange also expensive. And also some exchange has rule to enable withdraw should be have verified account, so this is not efisien .
The risks you're describing are too low we can't even consider them as risks. If you want a fixed rate for your bitcoin, then stick with one trustworthy exchange. If you want lower transaction fees then find an exchange that charges little or none if there's any. The world is your ouster. The real risk with bitcoin trading especially with exchanges is scamming. Even with the current knowledge of the average trader and the development bitcoin had so far, there is still a high chance of you being scammed. That being said, if you are not a wary trader you would get yourself stuck on a scam exchange and your bitcoins will be gone for nothing.

Instead on focusing how "unfair" exchanges are with their high transaction fees and everything, find feasible solutions to get past these easy obstacles.
full member
Activity: 798
Merit: 104
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February 06, 2020, 10:03:38 PM
#59
Bitcoin trade is Unlike stock markets, there are no official Bitcoin exchanges. Instead, there are hundreds of exchanges around the world that operate 24/7. Because there is no official Bitcoin exchange, there is also no official Bitcoin price. This can create arbitrage opportunities, but most of the time exchanges stay within the same general price range. So we can exchange bitcoin anytime anywhere.

I agree with you I can trade with Bitcoin at any time It will be entirely up to you. There is no catch barrier to trading Bitcoin and this is not an official job. You can trade Bitcoin as you wish but you will have to trade depending on the market situation.
full member
Activity: 1484
Merit: 136
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February 06, 2020, 09:31:49 PM
#58
Bitcoins are never an official currency which would never ever create any official exchange or anything like what you stated. There are a number of exchanges which work simultaneously and avail us benefits which are suitable for us. This also opens doors to a number of profits which are even been acquired by the arbitrage trading if ever you have huge number of bitcoins and you are using those to make instant profits by finding some higher volume exchanges having different prices.

The prices for bitcoins on each exchange depends on the order book and the demand and supply factor which might keep a price difference for some time which opens doors for us to quickly buy and sell on various platforms. Bitcoins are decentralized which would never make them able to create any official platform. In-short, we could call bitcoins as unofficial.


Today one of the fastest-growing transactions is with the use of bitcoin or cryptocurrency, and those kinds of processes can help a lot towards the future. If we are talking about bitcoin there are a lot of people starts investment because of the potential of this coin we all know that the price of the bitcoin came from the lowest price that is almost a thousand dollar each bitcoin, but today the cost of the bitcoin continuously increasing and gain a lot of profit and popularity and now many people make an investment on it because of the possible income they can get in the future. Still, with the help of the bitcoin trade, we can trade into different coins and currency that can help us to make more profit because trading on it.
legendary
Activity: 2380
Merit: 1150
February 06, 2020, 03:24:42 AM
#57
Bitcoins are never an official currency which would never ever create any official exchange or anything like what you stated. There are a number of exchanges which work simultaneously and avail us benefits which are suitable for us. This also opens doors to a number of profits which are even been acquired by the arbitrage trading if ever you have huge number of bitcoins and you are using those to make instant profits by finding some higher volume exchanges having different prices.

The prices for bitcoins on each exchange depends on the order book and the demand and supply factor which might keep a price difference for some time which opens doors for us to quickly buy and sell on various platforms. Bitcoins are decentralized which would never make them able to create any official platform. In-short, we could call bitcoins as unofficial.
sr. member
Activity: 2296
Merit: 348
February 05, 2020, 07:43:37 AM
#56
Bitcoin trade is Unlike stock markets, there are no official Bitcoin exchanges. Instead, there are hundreds of exchanges around the world that operate 24/7. Because there is no official Bitcoin exchange, there is also no official Bitcoin price. This can create arbitrage opportunities, but most of the time exchanges stay within the same general price range. So we can exchange bitcoin anytime anywhere.
Bitcoins are decentralized which would not make any official exchange.
They need to get centralized first in order for them to create a official exchange which would be the whole and sole way to buy and sell bitcoins.
But- NOT POSSIBLE
member
Activity: 84
Merit: 10
February 05, 2020, 12:27:34 AM
#55
BUY at the market NOW:

BTC: 9200 - SL:7900 - TP=r/r: 1:1-1:3-1:5
ETH: 189 - SL: 139 - TP=r/r: 1:1-1:3-1:5
LTC: 68.5 - SL:46.5 - TP=r/r: 1:1-1:3-1:5


Happy trading!
newbie
Activity: 130
Merit: 0
January 30, 2018, 11:59:14 PM
#54
Though bitcoin has no central market for exchange were price are regulated within buyer and seller and many are taking advantage of it to make arbitrage trading there is still general accepted price areas par time. Traders take this general trading area to make their trading decisions.
I find that the price of bitcoin is decreasing sharply in the past few days, we can see the price of bitcoin has dropped more than 10% within the past 24 hours. I think we can buy bitcoin right now to trade, because at this moment I see bitcoin prices are in good order to buy. Can you tell me the reputable address to buy bitcoin?
thank you
member
Activity: 311
Merit: 10
January 24, 2018, 09:05:09 PM
#53
Bitcoin trade is Unlike stock markets, there are no official Bitcoin exchanges. Instead, there are hundreds of exchanges around the world that operate 24/7. Because there is no official Bitcoin exchange, there is also no official Bitcoin price. This can create arbitrage opportunities, but most of the time exchanges stay within the same general price range. So we can exchange bitcoin anytime anywhere.
I believe the bitcoin trade will bring you great profit at the present time. At present bitcoin is gradually spreading to the world, now more and more countries recognize bitcoin as a currency, a kind of property and tax as usual. With great applications, high liquidity and wonderful steps of the upcoming bitcoin. I think this is the right time to trade bicoin.
Good luck
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
December 26, 2017, 12:34:26 PM
#52
Yes you guys said it right Bitcoin is really different from the share market, where the share market are been traded on the country's particular trading exchanges for given period of time whereas bitcoin is being traded for 24hrs on all the bitcoin exchanges at different price levels in different exchanges and this things open the doors of Arbitrage trading. Yes you said it right in india exchanges like Zebpay and Unocoin offers a huge price comparing to other international exchanges as there is no governing body to give them a unique bitcoin price all over the world. Today Zebay is offering bitcoin almost $1500 extra to coinbase exchange rate. So Indian Traders can make use of this opportunity if they want.
sr. member
Activity: 1750
Merit: 267
December 26, 2017, 12:18:48 PM
#51
Bitcoin trade is Unlike stock markets, there are no official Bitcoin exchanges. Instead, there are hundreds of exchanges around the world that operate 24/7. Because there is no official Bitcoin exchange, there is also no official Bitcoin price. This can create arbitrage opportunities, but most of the time exchanges stay within the same general price range. So we can exchange bitcoin anytime anywhere.
So what are you trying to prove here? I know that most Bitcoin or altcoin traders do know this fact which is actually true, Bitcoin has no official price and exchangers prices do really differ depending on the demand on where those exchange been located but most of them do have the nearly the same rate.Arbitrage is possible but would really be difficult since not all exchangers do have the same protocol or requirements specially if you do transact on bulks.
Absolutely right you are. Though bitcoin has no official fixed price and official exchangers, bitcoin depends on the demand of users. The price of bitcoin up or down for the demands of user and all the exchangers try to make out it's price same on every trading platform.
member
Activity: 126
Merit: 10
December 26, 2017, 12:06:26 PM
#50
I agree with you that bitcoin has no exchange like stock market.Even many exchanges offers 24\7 trading but don't you think that's the whole USP of bitcoin and all cryptocurrency.I know there are flaws like prices are not official but bitcoin was never an official thing or i would say it was not meant to official.It provides opportunity to every individual to not only earn but to earn big.It had done all right till now and has a great future too.
jr. member
Activity: 52
Merit: 10
December 26, 2017, 08:08:42 AM
#49
I strongly recommend not trading until you learn to read charts!  If the price breaks the resistance line and closes above it, you can enter a long position.
Yeah, the OP could try to learn experiences in forex trading . It's fit with crypto trading too.
sr. member
Activity: 2422
Merit: 357
December 26, 2017, 08:07:49 AM
#48
From the word itself, stock market are stocks and bitcoin trading is coins. Stock market are investing on something that can increase its value someday , it is somehow same with bitcoin but the difference is, bitcoin is a digital currency which means, your money that will increase its value someday and can be used for buying or transacting something as a function of a currency.
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