Bitcoin Trading! - page 7. | Bitcointalksearch.org

yanxuanyunshan4

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Quote from: cryptoking345 on January 02, 2018, 06:57:34 AM

I am a beginner in the field of bitcoin trading, want to know whether success in trading depends more on experience or on skills.

Investing is not an easy thing to do. The most important thing is experience.

Set a goal. Once you reach your goal, you can cash in on your capital and keep your profits.

VclDm

member

Activity: 392

Merit: 11

Quote from: MD Milon on February 15, 2018, 02:23:02 AM

Bitcoin is a digital currency.its one kind of cyptocurrency.crypto currencies is one of the most profitable market in the trading industry.I believe that to get trading,skill and experience must need.to successful trader,need must experience.

Bitcoin trading is not easy for new entrants into the cryptocurrency market. The most basic thing you can trade bitcoin is to exchange BTC-USDT in times of market fluctuations to get more profit. Use the knowledge of technical analysis of candlestick charts to determine the market and make the correct decision.

BitcoinCommodor

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Quote from: gantez on February 10, 2018, 11:44:21 AM

Most comments here advising OP have experience as one of there major tool. Do we think that is actually encouraging or scary the more! I mean someone seeking for advise is told you need an experience before you get that advise. Is like asking a fresh applicant for a 5 years job experience.

I believe the appropriate advise to give to a newbie that likes to trade is, believe you can do it,
Work on yourself .
Research more to build on what you already know and discard ideas not working .
Be patient with market and
Don't risk what you can't bear to lose.

From his question, I believe what this guy need is the experience, cause it seems like he already have the skills. So for him to have the experience, he will need to start trading, cause he’s not getting experience without trading for some time. The best thing for him to do now is to get into Bitcoin trading with the experience he has gotten, it would help him a lot. By the time he trade for a month, he will have both the experience and a full trading skills. That’s what I have to say.

MD Milon

member

Activity: 406

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Bitcoin is a digital currency.its one kind of cyptocurrency.crypto currencies is one of the most profitable market in the trading industry.I believe that to get trading,skill and experience must need.to successful trader,need must experience.

Cosbycoin

hero member

Activity: 980

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Quote from: PX-Z on February 09, 2018, 07:25:09 PM

Quote from: cryptoking345 on January 02, 2018, 06:57:34 AM

I am a beginner in the field of bitcoin trading, want to know whether success in trading depends more on experience or on skills.

Crypto trading is more difficult compared to a usual trading outside the crypto world. We all know that cryptocurrency has a very high volatility specially bitcoin, that makes it so unpredictable. So it's really hard for those newbies on crypto trading to start with it without any idea on how it works or doesn't have an ability of a good trader.

Trading itself is actually a very tricky thing to do and the ones who are there in the world of trading are burning their midnight oil and after that, they actually manage to make some good amount of money. Bitcoin trading can help you in making some good amount of money but the thing is it also involves a huge amount of risk and that you need to play very much carefully in order to avoid any bad situation.

hunter50

newbie

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Bitcoin trading can be extremely profitable for professionally or beginners. You need experience to be more skilled,the more trading situation benefit you that much to be successful with trading user needs to have good profit the market I wish future of bitcoin is going to good as trading as well.

Ayiranorea

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Quote from: dragoz11 on February 14, 2018, 05:18:56 PM

In my opinion skills are more valuable than experience in this section because if you have skills just in a month you would understand the structure of this market.

However skilled one might be, the market is predictable to some point. After which we cannot make precise calculations, everything happens on its own. Lucky user gets the best while the Unluckiest losses, so skill with luck leads to large scale profiting with small capital funding.

Achel

newbie

Activity: 38

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Bitcoin trading can be extremely profitable for professionals or beginners. The market is new, highly fragmented with huge spreads. Arbitrage and margin trading are widely available. Therefore, many people can make money trading bitcoins. Bitcoins history of bubbles and volatility has perhaps done more to bring in new users and investors than any other aspect of the crpytocurrency.

dragoz11

sr. member

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In my opinion skills are more valuable than experience in this section because if you have skills just in a month you would understand the structure of this market.

hieuho381

full member

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Quote from: betetakjelas on February 14, 2018, 01:58:31 AM

Quote from: cryptoking345 on January 02, 2018, 06:57:34 AM

I am a beginner in the field of bitcoin trading, want to know whether success in trading depends more on experience or on skills.

trading is not simple as its name, a lot of things you should know before do it and trading is also not easy and risk losing, so you better do bounty and always monitor the market to learn trading

Bitcoin trading is not easy because bitcoin is very valuable so it also affects the trader's psychology. So successful bitcoin trading is usually a lot of money or experience in this market. I think that for the majority of investors, trading an altcoin is a lot easier.

moneyangel

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Quote from: betetakjelas on February 14, 2018, 01:58:31 AM

Quote from: cryptoking345 on January 02, 2018, 06:57:34 AM

I am a beginner in the field of bitcoin trading, want to know whether success in trading depends more on experience or on skills.

trading is not simple as its name, a lot of things you should know before do it and trading is also not easy and risk losing, so you better do bounty and always monitor the market to learn trading

You will not know unless you try it first. Start at small amount of transaction and observe the flow and the results if could be good or bad. Remember; Buy at low price and sell at high price, don't aim for much profit as beginners.. learn the system and gain experience and once you have that...enjoy the life of a trader.

LuffyD.Monkey

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Quote from: TTITA on February 09, 2018, 05:30:40 AM

There are pretty much different between Trading Bitcoin and Bitcoin Investing.
Those Bitcoin traders are maintain only short-term positions, staying in a trade for a maximum of a few months – but often for no more than a few hours. Bitcoin traders are also extremely price-sensitive, striving for perfect entry and exit prices and abandoning their positions immediately if they prove unprofitable. The traders should have point to set the profit targets when bearish come and stop-losses when bull. There are some exchanges that can as monitoring real time market price reference such as BitFinex, Bittrex, Bitstamp, Poloniex.

I think of bitcoin trading to be far more risky thing as compared to that of bitcoin investment. Bitcoin trading involves a huge amount of risk as there are greater chances of loss of money and not only money, loss of some huge amount of money in fact. Instead of bitcoin trading, you need to go for trading with some other coins like that of ETH in which you can play a safe game and that your chances of making more money tends to increase.

betetakjelas

newbie

Activity: 189

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Quote from: cryptoking345 on January 02, 2018, 06:57:34 AM

I am a beginner in the field of bitcoin trading, want to know whether success in trading depends more on experience or on skills.

trading is not simple as its name, a lot of things you should know before do it and trading is also not easy and risk losing, so you better do bounty and always monitor the market to learn trading

linshuhow

newbie

Activity: 60

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If you're skilled enough you can start looking into algotrading

rickadone

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Quote from: bozo333 on February 12, 2018, 05:40:11 AM

Bitcoin trading is good ideas for get more profit. Bitcoin trading is not easy to start. First you invest the bitcoin then you start the trading proces. Trading process time to compete. So time is important for the trading proces. Most of the need to complete the trading process on time. If not complete you trading account feedback people will be update the negative. So you complete and communicate with the customer. Then you connect with customers for some trading process.

If Trading process is not complete. That process is automatically canceled the process in one hours. So you always connect the people and Trading process.

Really ? If this is all it is about trading, oh my!Oh my!! We are all done for. Come on bro! In fact, I had to read over and over to even get you. Bitcoin trading is not just the usual ‘buy and sell’ market bro.

It is not buying sneakers at a particular price and selling to customers at a higher price and even though that is the basic reality of market that also applies to bitcoin, there is just so much to bitcoin than just buying and selling. Also, all the scenarios you have played out in trading does not even have any meaning; neither does it have anything to do with what is being said.

One important thing I want to state which most people are getting wrong is that you build knowledge first before you start building experience when it comes to trading or any profession.

rhayot

newbie

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Bitcoin trading can be a strong profitable for newbies and of course professionals who have experienced by trading in the bitcoin. That’s why, when you enter the world of crypto currency, you must be wise enough and have a good tactic especially in trading and investing. Because, bitcoin runs in that two particular thing.

bozo333

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Bitcoin trading is good ideas for get more profit. Bitcoin trading is not easy to start. First you invest the bitcoin then you start the trading proces. Trading process time to compete. So time is important for the trading proces. Most of the need to complete the trading process on time. If not complete you trading account feedback people will be update the negative. So you complete and communicate with the customer. Then you connect with customers for some trading process.

If Trading process is not complete. That process is automatically canceled the process in one hours. So you always connect the people and Trading process.

Pilipe

newbie

Activity: 4

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Quote from: Owl129 on February 05, 2018, 07:49:12 PM

Yes, In order to be good at trading you need knowledge and skills. If you are a beginner and want to go on trading don't ,you first need to know everything about trading and about cryptocurreny. Trading is not easy and also it is risky. Try to study how trading works read some articles and forum about trading in trading discussion. Then start trading with little by little capital don't start with all of your money or else you'll lose. If you want to become rich in trading take the risk but take it slow. If you knew everything about trading then you can make your capital big and so you will earn so much.

Nothing can be done without knowledge if you are not having any experience you should not go for bitcoin investment as trading, because trading needs a lot of experience and luck because I have heard that luck is the most important thing. If we are doing bitcoin trading we should go for long time trading instead of day trading because long time waiting make huge profit, I hope future of bitcoin is going to good as trading as well.

ronafurw

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Quote from: rickz026 on February 03, 2018, 07:18:45 AM

For me, to be a successful trader you need to have a strategy and experience.
1. Strategy- strategy in how to buy bitcoin or when i will buy bitcoin. strategy in holding coins and strategy in selling coins.
2. Experience - experience in trading will help you to become pro in trading. if you lose in trading dont lose hope. stand up and trade again.

There is a very long list of the things which you need to learn in order to become a successful trader and alone this strategy and experience will not help you serve the purpose. You need to be very much careful while dealing with bitcoin trading as there are higher chances of loss of more money. You need to get very well prepared before going for any such thing. Otherwise, you will suffer.

sarmrakib

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Quote from: cryptoking345 on January 02, 2018, 06:57:34 AM

I am a beginner in the field of bitcoin trading, want to know whether success in trading depends more on experience or on skills.

Trading is not a easy thing. So its not possible to make success quickly on this field. You have need both Experience and skills. You need to judge the market. When the price starting keep low try to buy some and sell it when in profit. I think the success will not come in a day. So try to hard work to get the market. Gradually you will be succeeded. Go ahead with profitable trade.

Topic: Bitcoin Trading! - page 7. (Read 1505 times)