Topic: Bitcoin trading is a big challenge. - page 7. (Read 1793 times)
I think the shorts earn the most, this way of trading is the most profitable at short distances but at the same time one of the most difficult. In the last 2 months you can make good money on this.
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?
Bitcoin trading is a very big adventure
Which requires a huge capital and a smart trading skill to enable you get in and out in profits
Bitcoin trades is basically aimed at earning 1% - 3% daily
Avoid greed and always dyor
Yes. Conditions like this make us confused between selling or not. The problem is if we survive to not sell then the price continues to fall, if we sell it is definitely a loss. Because holding Bitcoin if it drops above -10%, it has already suffered losses of hundreds of dollars.
The two most difficult decisions traders face every day are, when to enter a position and when to exit a position, you already took a position so your problem is when to get out of your position, the truth is that even before you make your trade you need to know how much you are willing to lose in each trade and you need to know how much profit you need from each trade to stay profitable over the long term, I know it is not pleasant to stop your losses when the price of bitcoin moves so much against the position that you took but you have to do it otherwise you risk the market moving against you even more and making your losses even larger.If we buy Bitcoin and then hold it, I don't think this is right. Because Bitcoin is an active coin to trade. Unlike most Altcoin, the price often runs in place.
Yea I tried it out for a little bit but I just keep everything in Bitcoin now. As someone who doesn't really mess with the normal stock market anyway (which is much easier to comprehend than the crypto market) I just have no idea what I'm doing. The complexity of switching between cryptos and understanding the cause and effects is way too confusing to me and is way too time-consuming. I feel a lot of times just holding for the long run is way more profitable (and less stressful) than practically day-trading. Day-trading is never worth it as you could always make better money elsewhere without the stress/luck aspect. Investing short-term is gambling, no matter how you think about it.
So, if we buy Bitcoin and we hold it. Then what coins are good for trading, while the most active coins to trade are Bitcoin.If we talk about Ethereum. Ethereum also often follows in the footsteps of Bitcoin. If Bitcoin down, Ethereum also down, and vice versa. But it's not wrong what you say, maybe this takes a safe position. Only holds even though the price drops. But this takes a very long time.
It can be frustrating atimes, a very single trade mistake can make one lose all his profit that took a very long time within minutes, the volatility in crypto market is so huge, personally I have learnt to trade only trends and as well use usdt as fiat hedge for profit taking. At certain times it is greed to causes much of the losses, wanting to gain it all and eventually lose it all.
Do not rush. Because hurrying is not a good way, especially in the cryptocurrency context.
Yea I tried it out for a little bit but I just keep everything in Bitcoin now. As someone who doesn't really mess with the normal stock market anyway (which is much easier to comprehend than the crypto market) I just have no idea what I'm doing. The complexity of switching between cryptos and understanding the cause and effects is way too confusing to me and is way too time-consuming. I feel a lot of times just holding for the long run is way more profitable (and less stressful) than practically day-trading. Day-trading is never worth it as you could always make better money elsewhere without the stress/luck aspect. Investing short-term is gambling, no matter how you think about it.
Yes. Conditions like this make us confused between selling or not. The problem is if we survive to not sell then the price continues to fall, if we sell it is definitely a loss. Because holding Bitcoin if it drops above -10%, it has already suffered losses of hundreds of dollars.
The two most difficult decisions traders face every day are, when to enter a position and when to exit a position, you already took a position so your problem is when to get out of your position, the truth is that even before you make your trade you need to know how much you are willing to lose in each trade and you need to know how much profit you need from each trade to stay profitable over the long term, I know it is not pleasant to stop your losses when the price of bitcoin moves so much against the position that you took but you have to do it otherwise you risk the market moving against you even more and making your losses even larger.
It can be frustrating atimes, a very single trade mistake can make one lose all his profit that took a very long time within minutes, the volatility in crypto market is so huge, personally I have learnt to trade only trends and as well use usdt as fiat hedge for profit taking. At certain times it is greed to causes much of the losses, wanting to gain it all and eventually lose it all.
Yes This is only temporary. I am sure that the current price of bitcoin is declining. I feel that the peak of Bitcoin could happen next year. My reason is very simple, because I want to feel the price like in 2017. But I am not an expert in the field of coin price analysis.
for me this seems reasonable, because bitcoin has been increasing since the beginning of 2019, so it's only natural that he is currently experiencing a decline, because it's never in crypto whose name has a continuous increase every day. Sometimes he must go low and get ready for the new move. I feel that the peak of Bitcoin could happen next year.
I think since 2018 people said that. That bitcoin prices will increase next year, because the previous year has passed.My reason is very simple, because I want to feel the price like in 2017.
That's not a reason, but hope. Reason is the comparison of two different things based on data.The trade of bitcoin is not a big challenge compared to trade altcoins. Because if bitcoin is down 5%, maybe some of the altcoins you are trading down to 20%. That's normal when you trade in this market. My experience is that you should place stop-loss for any transaction. And please put a stop-loss in 2-3%. If you forget to set a stop-loss, do not fall into a panic and sell with a lot of losses. Please hold until the price returns to the price you want buy. Wish you success in this market.
Yes. Stop Loss is a solution to avoid continuing losses.
It is a very big challenge to predict the movement of bitcoin, and if anyone is to trade bitcoin at this time, I think we just need to avoid being greedy, any increase we see, we take it and wait for correction, because if we keep waiting for a bigger increase before correction, it may make a U-turn against our trade and make us lose the opportunity to take the profit that we ought to have taken, and then we have to wait for several days or week for another increase opportunity again.
It has really not been so fun for people trading, it got to a point I just felt like leaving the coin for long term holding, and just keep monitoring the market till it gets to ATH before taking my profit. This decrease we often see now will be temporary, it is just corrections that often occur and I am sure that before the end of the year, $20k will be very possible.
It has really not been so fun for people trading, it got to a point I just felt like leaving the coin for long term holding, and just keep monitoring the market till it gets to ATH before taking my profit. This decrease we often see now will be temporary, it is just corrections that often occur and I am sure that before the end of the year, $20k will be very possible.
If we refer to December 17, 2017, the price of Bitcoin has increased to $ 19,140.76. I think this is the first time the price of Bitcoin with the top score.
January 7, 2018, the price of Bitcoin fell again to the figure of $ 16,477.59. That is, the price of Bitcoin only lasts at the highest price of one to two weeks.
So, in my opinion, the peak price for Bitcoin won't last long. So, If we already feel we can get a little profit from the previous price, we can sell.
The trade of bitcoin is not a big challenge compared to trade altcoins. Because if bitcoin is down 5%, maybe some of the altcoins you are trading down to 20%. That's normal when you trade in this market. My experience is that you should place stop-loss for any transaction. And please put a stop-loss in 2-3%. If you forget to set a stop-loss, do not fall into a panic and sell with a lot of losses. Please hold until the price returns to the price you want buy. Wish you success in this market.
Yes This is only temporary. I am sure that the current price of bitcoin is declining. I feel that the peak of Bitcoin could happen next year. My reason is very simple, because I want to feel the price like in 2017. But I am not an expert in the field of coin price analysis.
To earn profit by trading is not easy and it is very risky. Especially Bitcoin trading is a really big challenge for the traders. The bitcoin market is very volatile and for trading with bitcoin you need good experience and strategy. Bitcoin price is very unpredictable and that is why it is too risky. So you require good knowledge, balance, and patience for Bitcoin trading either you may loss all your asset.
Yes it's temporary and that price even better compared to the current price which is Bitcoin trading at sub $10,000 already, and have fall below $10,000 today. If you panic on that, you'll be more panic today, but I tell you, this price correction is pretty normal and even if it continue to fall, expect that the recovery will be faster because that's how price move when the market is bullish.
But we see today's prices are falling. Is this only temporary?
It might be temporary or it might continue to fall, no one will perfectly predict that, but I would say that FOMO is going around in BTC strongly and continuous, I don't think it will just ended too quickly, so my two cents is it is just temporary.
After 5 days Bitcoin lost around 3000USD from its value. I do not think that was all. Next target is around 8k and then 6k - the strongest BTC support line ever, hope that will last long 
Actually this is really a big challenge for every traders who didn't even have enough experience with trading. As a trader who been doing buy and sell for such a long time, the challenge was how to handle certain fluctuations so you could take profit precisely. You must be clever enough in selling your asset once spikes come. Don't miss a good chance while value declined, because that a big opportunity to grow your btc quantity.
Yes. Conditions like this make us confused between selling or not. The problem is if we survive to not sell then the price continues to fall, if we sell it is definitely a loss. Because holding Bitcoin if it drops above -10%, it has already suffered losses of hundreds of dollars. I think volume plays a major role in the price of bitcoin. I noticed before the last pump, the volume was increasing steadily. Then just went the price was about to go down, the volume started falling. So if you plan on trading btc right now, make the volume your friend. It will show you which direction trades are going
indeed, there is great hope that investors who want to invest in crypto currency and in my opinion, confidence and patience are the best capital in this investment and are good at utilizing every opportunity we will get.
Bitcoin or Crypto trading is really big challenge like you need to study many things so you will know how this can really will works
Then you can lose in an instant but don't think that because you can do it in really affordable for you and another thing high chance that you can earn here than lose then crypto investment run for so long period of time like that then the price of btc,alts and tokens can drops anytime so that's unpredictable like no one know if this is temporary or not still you can rely in news like if positive then market will grow and vice versa if negative
Then you can lose in an instant but don't think that because you can do it in really affordable for you and another thing high chance that you can earn here than lose then crypto investment run for so long period of time like that then the price of btc,alts and tokens can drops anytime so that's unpredictable like no one know if this is temporary or not still you can rely in news like if positive then market will grow and vice versa if negative
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?
There are lots of people who give different opinion about the price of bitcoin. Even a random 10 years old kid can say that the price of bitcoin will triple within next two months. All these are just some wild guess and the predictions are made based on past price. Other unexpected factors are never considered when the predictions are made. These unexpected factors actually play a vital role when determining the price of bitcoin. 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 fall seems to be just temporary. Let's just see what happens within the end of the month.
But we see today's prices are falling. Is this only temporary?
It might be temporary or it might continue to fall, no one will perfectly predict that, but I would say that FOMO is going around in BTC strongly and continuous, I don't think it will just ended too quickly, so my two cents is it is just temporary.
I think volume plays a major role in the price of bitcoin. I noticed before the last pump, the volume was increasing steadily. Then just went the price was about to go down, the volume started falling. So if you plan on trading btc right now, make the volume your friend. It will show you which direction trades are going
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