I agree if you say bitcoin trading is a challenging activity. Not just bitcoin, but all crypto trading is the same thing. The biggest challenge in my opinion is when prices fluctuate. Within seconds we will experience a loss if the price goes down, and in a few seconds we will arrive.
But if we have a lot of capital, then there will be a number of strategies we can use to reach the target.
Topic: Bitcoin trading is a big challenge. - page 2. (Read 1765 times)
Bitcoin trading is a big challenge. Get a fast profit, but loss can be in seconds. 
In the last few days Bitcoin has started to increase sharply. And most of the Altcoin top goes up. CEO of Galaxy Digital, a crypto merchant bank, Michael Novogratz, said, the price of bitcoin will increase many times over the next 18 months.
But we see today's prices are falling. Is this only temporary?
Yes. Trading Bitcoin is a big challenge. Buying Bitcoin must spend big capital. If we look at the current price of Bitcoin with a few weeks ago, then the price of Bitcoin has dropped by around $ 2900. If someone buys at a price of $ 12,000, they have lost $ 3000. But it also brings big profits to those who hold Bitcoin at the price of $ 4000 in 2018 ago.In the last few days Bitcoin has started to increase sharply. And most of the Altcoin top goes up. CEO of Galaxy Digital, a crypto merchant bank, Michael Novogratz, said, the price of bitcoin will increase many times over the next 18 months.
But we see today's prices are falling. Is this only temporary?
It isn't much of a big challenge as we think it to be. If you take sometime to learn the mechanism, get yourself abreast with the market psychology you will enjoy trading bitcoin on a daily basis. I've come to understand that there's always a movement in the price of bitcoin on a daily basis such can be capitalised on and make gains from it.
I believe that bitcoin trading is a big challenge for someone who is not really familiar with how this coin moves in the market. But if you have been trading for a couple of years already, you will realized that bitcoin trading isn't just a challenge but a good source of earning if you just enjoy it and make the best of every trading you made.
It isn't much of a big challenge as we think it to be. If you take sometime to learn the mechanism, get yourself abreast with the market psychology you will enjoy trading bitcoin on a daily basis. I've come to understand that there's always a movement in the price of bitcoin on a daily basis such can be capitalised on and make gains from it.
Trading can be profitable when done responsibly but there are also risks that comes with it. You can easily lose huge amount of money within a short period of time when trading goes bad. This mostly happens to amateur traders but even experienced traders also lose some money at times.
Experienced traders never make such mentioned long term mistakes but the obvious reasons can be misleading even for the professional traders. Amateur traders look for the getting quick rich schemes and they run to trade the shitcoins instead of reliable coins. Trading the Bitcoin markets is easier than wasting time with the boring chart of the BTC. It is up to the personal decision of the trader to use the altcoins for day trading but these altcoins have to be chosen thoroughly before making big trades. Bitcoin price is near the $10000 and the monthly range is around $9k - $11k which doesn't give the good trade advantages in perpetual contract trading.
To be honnest with you I gave up understanding BTC... it is a small heavy manipulated market, so anything goes...
Trading any coin is a big challenge, in harder market conditions it is an exercise that is not suited for everyone... it takes a lot of time and knowledge...
some people seem to be born into it...
Experience taught them and that made them look like they were born for it. Trading isn't an easy thing, it takes time to hone your trading skills and you'll experience many upsets just to get through and apply it in your future trades.Trading any coin is a big challenge, in harder market conditions it is an exercise that is not suited for everyone... it takes a lot of time and knowledge...
some people seem to be born into it...
It's right that trading isn't for everyone, there are traders who are good trading bitcoin and some are good and reliable with altcoins. And there's also an option if you are not good as a trader, you can be an investor.
Trading can be profitable when done responsibly but there are also risks that comes with it. You can easily lose huge amount of money within a short period of time when trading goes bad. This mostly happens to amateur traders but even experienced traders also lose some money at times.
To be honnest with you I gave up understanding BTC... it is a small heavy manipulated market, so anything goes...
Trading any coin is a big challenge, in harder market conditions it is an exercise that is not suited for everyone... it takes a lot of time and knowledge...
some people seem to be born into it...
Trading any coin is a big challenge, in harder market conditions it is an exercise that is not suited for everyone... it takes a lot of time and knowledge...
some people seem to be born into it...
It is manipulated but you can't do much damage here without very big money. What they are trying to do is liquidate leveraged traders on platforms like bitmex. This is what those frequent small flash crashes are supposed to do. The market doesn't look manipulated if you look at a bigger picture of 1d charts.
If you want to trade BTC focus on swings and if you have to leverage go small on it. Don't let whales push you around.
Trading is a challaging job how get earn profits, this challenge we experience this current situation is very excited because of fast moving of price of bitcoib up and down by the way not only bitcoin is challenging is also the altcoins is so very difficult to predict and analyst the price.
Bitcoin was mentioned in the topic but I think he meant the top cryptocurrency coin and the trading challenge. Seeing the chat he posted who could have though Ethereum wont enjoy some ride when bitcoin dump just like last year. It is now difficult to multiply ones bitcoin with altcoins except with trading of bitcoin alone with a stable coin when it pumps. Lot of challenges but the wise still take some profits anyway
To be honnest with you I gave up understanding BTC... it is a small heavy manipulated market, so anything goes...
Trading any coin is a big challenge, in harder market conditions it is an exercise that is not suited for everyone... it takes a lot of time and knowledge...
some people seem to be born into it...
Trading any coin is a big challenge, in harder market conditions it is an exercise that is not suited for everyone... it takes a lot of time and knowledge...
some people seem to be born into it...
Those who trade on bitcoin, most especially now would have seen and can confirm how volatile it is. I try to imagine those who buy from the last pump. Such people would have been dumped on and that means that they are losing.
However, some of them are long term investors, who do not mind what the price is now. They believe that it has the possibility of rising in future.
However, some of them are long term investors, who do not mind what the price is now. They believe that it has the possibility of rising in future.
bitcoin trading is indeed a big challenge in terms of patience and carefulness in reading the market situation.profits are the target of all traders but reliable traders have techniques in trading so they often benefit from losses.Everyone certainly hopes bitcoin will increase from month to month.
trading with bitcoin is not a problem at all. the problem is your risk management. if you lose money and don’t earn then you need to change your strategy
Very big challenge. And these days, Bitcoin is very volatile.
Traders need to be 100% vigilant and have patience. You just the to understand the asset which is not easy
Traders need to be 100% vigilant and have patience. You just the to understand the asset which is not easy
bitcoin trading is indeed a big challenge in terms of patience and carefulness in reading the market situation.profits are the target of all traders but reliable traders have techniques in trading so they often benefit from losses.Everyone certainly hopes bitcoin will increase from month to month.
The volatile nature of cryptocurrency is why it's never an ideal investment, lack of regulation place an important role in the upwards and downwards movement of bitcoin or other cryptocurrencies. Bitcoin can only attain mass adoption when regulation comes along and this will be when the price becomes stable.
What? Don't you know volatility is a trader's best friend. It is how they profit. If the price is just flat from weeks on end, no trader will make money. Regulation has nothing to do with mass adoption. In fact, most technologies get massively adopted first before regulation comes.
Sure, will have a look at them shortly, cause so far sound more than attractive. Any particular devices to have a look at?
My own favorites are Antiminer S17 and T17. But of course, have a look at other solutions as well to choose the one that suits you the best
Sure! I was using globe.fullset.org. Guys are having a truly wide range of devices available, have a look
Sure, will have a look at them shortly, cause so far sound more than attractive. Any particular devices to have a look at?
Bitcoin trading is a big challenge. Get a fast profit, but loss can be in seconds.
In the last few days Bitcoin has started to increase sharply. And most of the Altcoin top goes up. CEO of Galaxy Digital, a crypto merchant bank, Michael Novogratz, said, the price of bitcoin will increase many times over the next 18 months.
But we see today's prices are falling. Is this only temporary?
In the last few days Bitcoin has started to increase sharply. And most of the Altcoin top goes up. CEO of Galaxy Digital, a crypto merchant bank, Michael Novogratz, said, the price of bitcoin will increase many times over the next 18 months.
But we see today's prices are falling. Is this only temporary?
The volatile nature of cryptocurrency is why it's never an ideal investment, lack of regulation place an important role in the upwards and downwards movement of bitcoin or other cryptocurrencies. Bitcoin can only attain mass adoption when regulation comes along and this will be when the price becomes stable.
And where have you been buying equipment? Any recommendations you can give here?
Sure! I was using globe.fullset.org. Guys are having a truly wide range of devices available, have a look
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