Topic: Bitcoin trading is a big challenge. - page 5. (Read 1806 times)
I see BTC or altcoin prices always decrease and increase, this is like a cycle that continues to spin, BTC after going up and down, convinced that in the near future BTC will rise again instead of higher than ATH prices this month.
In trading, I think it is very reasonable. You suffer from a huge amount of harm, but if you earn a profit is certainly a huge profit. A good trading strategy you must use and do not sell in panic. Trading requires patience and a great time to sell coins.
Yes bitcoin trading is really a big challenge specially to our fait or maybe patience, because we all know that bitcoin is always high on volatility and anytime we can posibly loss our money on trading ot maybe investing into it. We only need to be more patience, but sometimes it is really hard to be patience specially when the price drop.
Trading requires patience in seeing the price movements of bitcoin. With a very fluctuating price movement, bitcoin can provide a big advantage if we already have trading skills and have a strategy to open a sell or buy position. If we don't have trading skills, it would be better if we hold it for long term
Yes bitcoin trading is really a big challenge specially to our fait or maybe patience, because we all know that bitcoin is always high on volatility and anytime we can posibly loss our money on trading ot maybe investing into it. We only need to be more patience, but sometimes it is really hard to be patience specially when the price drop.
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?
18 months is still several months away from now, mate. It does not mean that since it will increase many times over in the next 18 months that it will not experience any dips anymore. Do not worry about the hourly or daily dips of the price. This is not how Bitcoin's rise in value is measured. 18 months is considered long term already because it is beyond a year. You will measure its growth in long term also. Try to compare Bitcoin's price in March 2019 to its price come March 2020.
If you were involved in crypto during the last 2 years you would’ve done best just to stay with BTC in order not lose too much or to have good profits. Bitcoin has showed to be pretty ‘stable’ for such a volatile asset. Trading BTC is a big challenge because it’s very hard to spot the right trends and holding is long-term much, much more easier and proofs to be often the most profitable solution as well. Just HODL it!
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?
18 months is still several months away from now, mate. It does not mean that since it will increase many times over in the next 18 months that it will not experience any dips anymore. Do not worry about the hourly or daily dips of the price. This is not how Bitcoin's rise in value is measured. 18 months is considered long term already because it is beyond a year. You will measure its growth in long term also. Try to compare Bitcoin's price in March 2019 to its price come March 2020.
Not just Bitcoin trading everything about cryptocurrency includes a certain level of risks, you make huge profit in minutes and loss them as well in the blink of an eye. Just make sure you know what your getting in to before venturing in to any crypto related business.
Just be smart all the time, being smart means you know how to accept all the possibilities like the pump and dump and you know you can also lose and don't think that you'll make profit all the time as that would be unrelistic. Traders look for long term success, and if they are serious, they'll have a decent amount allocated for trading and be thankful if he is up even with a small profit as consistency is what matters.
Not just Bitcoin trading everything about cryptocurrency includes a certain level of risks, you make huge profit in minutes and loss them as well in the blink of an eye. Just make sure you know what your getting in to before venturing in to any crypto related business.
bitcoin price is hard to predict and as a rule it is difficult to logic and analysis. listen to different experts, I personally do not like. almost all of them are chatterboxes. and they make money for us.
risk is always involved with bitcoin trading if you are selling bitcoin any time the price of bitcoin can go up and it will be very difficult to buy it with the same old price again.
Bitcoin is a high-risk coin from several other coins, and you must always be ready to face that risk when you trade using Bitcoin. yes even though bitcoin is at high risk, but if you have knowledge in trading, you might be able to get a big profit from this coin, but remember not to be too greedy and review your plan before making this decision.
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?
That's right. After strong price increases, they need some time to adjust. After that they will continue to increase strongly. 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?
If you are a holder, Don't worry about this. Keep calm and get money soon.
Have a good day!!
One thing I've learned about life is that when you do not know how to do it, it is a big challenge but if you know how to do it, it is nothing but a common tasks. You read it right. Bitcoin trading is not a big challenge for those who study it first before doing it after.
The good thing about Bitcoin is it's volatility because it is possible that the next morning you wake up, your token can be twice or thrice it's value.
The good thing about Bitcoin is it's volatility because it is possible that the next morning you wake up, your token can be twice or thrice it's value.
Bitcoin is a highly volatile digital currency, one can earn good amount in a short time by investing in BTC and at the same time a dd in the account may occur. Many people who invested in late 2017 earned good profit out of BTC and I have seen many project failing which bought BTC when it was trading at $19000. BTC gave them huge loss. Day trader should learn the BTC movement first and invest their amount with proper money management. Its good if someone invests in BTC for a long time.
Well trading in bitcoin is also same to other altcoins as you can see on other crypto coins you gonna invest on. As usual trading is very challenging to gamble your money in.
Trading bitcoin can easily be compared to gambling because of it's volatile nature, it can move in different directions within just a minute and just like gambling, it's highly addictive and highly lucrative for the pros.
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?
I see the current BTC price is overbought even if it rises will not be significant. You better trade in the short term, the price is likely to reach $ 8000- $ 8500 more in the long run, maybe in the range of 1-2 months 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?
Bitcoin trading is a challenge but not a big challenge because now Bitcoin has become a global currency and traded world over. The volatility is very high and you also gain and loss high. So, whenever you are trading on Bitcoin exit with minimum profit or minimum loss. If, the price go severely adverse then wait for the time maybe 1 year or 2 year, you must get your price level and do profit. But, with trading on altcoins is the big challenges because these are not only high volatile but the price level won't come in short period if you loss.
Trading BTC is a great challenge as to get a success, you need to know everything about technical analysis, you must (at least approximately) foresee the price of the cryptocurrency and calculate the best profit and the worst loss. All in all, it needs much time, patience, and skills. Not too many people make good money on Bitcoin: most guys give up as they understand that trading crypto is too complicated.
Bitcoin trading is extremely challenging most especially with the volatility involved. If care is not taken, one may end up looking a whopping some of money to it before knowing. I have even concluded that it is luck that makes one make a fortune in bitcoin trading.
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