Bitcoin trading is a big challenge. - page 8.

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Quote from: Raja Singa on July 10, 2019, 10:39:16 AM

Bitcoin trading is a big challenge. Get a fast profit, but loss can be in seconds. Huh

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?

When bitcoin goes up, you all say it is a bull trap. But when it's down you are also worried. You should keep your faith in bitcoin and instead of worrying so much, you should be thankful with the opportunity of getting a cheaper bitcoin because in my own observation, btc won't ever touch any price below $10k. It could be the last chance for everyone to buy before we make the stongest bullrun.

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Quote from: nhamoitruonghoc on July 12, 2019, 11:25:17 PM

If someone are not familiar with trading, and lack of knowledge & skills & experience to effectively and profitable trading, they should only buy and hold. Buying and holding bitcoin will help them get profits from their investment in bitcoin. There is no reason to trade if you are not traders.

Maybe they can buy and sell when the price increase so they can make a profit. No matter if the profit amount is not too big depends on the other people, it still a profit and they can do that many times. But if they only want to buy and hold, then that will good for them as we see bitcoin price is up and down every day so they can still make a profit. We don't have to push ourselves to trade if we don't have skills and only hold in a long time that will help us to gain more profit.

davinchi

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Quote from: Raja Singa on July 10, 2019, 10:39:16 AM

Bitcoin trading is a big challenge. Get a fast profit, but loss can be in seconds. Huh

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?

[im g]https://i.imgur.com/BszEUl9.png[/img]

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.

nhamoitruonghoc

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If someone are not familiar with trading, and lack of knowledge & skills & experience to effectively and profitable trading, they should only buy and hold. Buying and holding bitcoin will help them get profits from their investment in bitcoin. There is no reason to trade if you are not traders.

Kezacky

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not only bitcoin but all crypto that you trade are also very high risk. But if you are not prepared for this I think you need to invest long-term but with potentially high coins. this is only to avoid your loss quickly besides trading and does not mean it is not risky too, because all of that is indeed at high risk. the important thing is that you must be sure of every plan that you will decide.

Sri rahayu

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Quote from: Eildosa on July 12, 2019, 06:24:52 PM

It is always difficult to trade. It is necessary to have knowledge in order not to lose everything in one moment. The most important thing is that you have to make your own decisions. Only then will you succeed. Don't listen to other people's predictions.

That's right what you say, but at least we need advice from the right person to do the right research and analysis. In addition, we also learn to fight emotions and feelings of fear when trading as I now learn.

Hypnosis00

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Quote from: Eildosa on July 12, 2019, 06:24:52 PM

It is always difficult to trade. It is necessary to have knowledge in order not to lose everything in one moment. The most important thing is that you have to make your own decisions. Only then will you succeed. Don't listen to other people's predictions.

Maybe your right and we have our own market predictions but we can't just disclose to have some basis of what the others have observed the market.
Have to know that trading life isn't easy work for us, yet we need to work on it and closely check its trend before you've missed the perfect time to sell.
Well, that option to become a trader is a big challenge and sad thing to know that not all of the traders get successful.

Eildosa

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It is always difficult to trade. It is necessary to have knowledge in order not to lose everything in one moment. The most important thing is that you have to make your own decisions. Only then will you succeed. Don't listen to other people's predictions.

Pet240

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Those who are trading between bitcoin and fiat, will be able to tell how easy or uneasy it is to switch in between the two. Some people would have lost greatly, due to that and some would have tremendously gained. In a situation like this, whoever is greedy will suffer most.

Yamifoud

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Quote from: CutePanda on July 12, 2019, 06:06:42 PM

I think that is the beauty of bitcoin, you can earn much profit in a short time also you can lose it anytime. Because of it people are interested and want to invest on bitcoin.

This the reason why we should have to be prepared all the time that it cost us. We can eliminate such thing cause its the volatility market had played it well and we take this opportunity to gain profits. Its fluctuation we look is something a challenge that we need to face in order to succeed.

dark08

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Quote from: Raja Singa on July 10, 2019, 10:39:16 AM

Bitcoin trading is a big challenge. Get a fast profit, but loss can be in seconds. Huh

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 agree to you OP super relate you gain profit now but the second or third one you will end up losing higher than the profit you can at first.
You need tobe careful for your trade dont be fomo! set your plan and dont be quick entering to trade without your plan and lastly dont be greedy id you want to achieve your goal.

NewRanger

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Quote from: nara1892 on July 12, 2019, 05:42:22 PM

I don't like crypto trading because I have a big risk. my choice is to participate in a campaign that is more fun. But right now after the bounty is worthless I go back to studying the trade and hope to get past this challenge.
The hardest thing for me is managing trading emotions and implementing the right strategies in various market situations.

if we able to trade and working in bounty campaign it will give us more benefits in market.so its important for to us to developt our skills.as crypto community we should not depend on bounty campaign only, i am just worry while there is no more bounty we will get nothing.so the solution was start our trading carreer in market.

CutePanda

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I think that is the beauty of bitcoin, you can earn much profit in a short time also you can lose it anytime. Because of it people are interested and want to invest on bitcoin.

Golstrim

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Sometimes it is better to avoid trading bitcoin, because some traders short it and lose money. If they were hold, they would save money and catched big movement like last bull run 3200-13 900 $

nara1892

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I don't like crypto trading because I have a big risk. my choice is to participate in a campaign that is more fun. But right now after the bounty is worthless I go back to studying the trade and hope to get past this challenge.
The hardest thing for me is managing trading emotions and implementing the right strategies in various market situations.

rjp55

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Don’t limit trading challenges to only bitcoin. Every trade is a big challenge and your guess about the crypto currency can always be wrong. So keep calm and learn from your mistakes. With time your trading skills will progress eventually.

ParabellumLite

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Quote from: Spaffin on July 11, 2019, 11:47:17 PM

If we talk about the future prospects of Bitcoin, then I always remember the end of 2017, when many users of cryptocurrency sold everything they could to invest their money in bitcoins. Then the price of Bitcoin fell very badly and their investments depreciated. Based on this, I believe that once Bitcoin reaches $ 20,000, it will provoke massive sales in order not only to capitalize on this, but also to avoid the problems that were in 2018.

I think the current situation is different from before, maybe in 2017 after Bitcoin reaches $ 20k, the whole market will fall heavily. But at the present time, the market volatility is much higher than the previous ATH, so $ 20k is just a retest, I think BTC will reach a higher price point.

Ahiaba

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Well, in my opinion Bitcoin trading will only remain a big challenge to only those who do not know how to trade crypto currency this because you need not to have a mind that Bitcoin will continue to increase in value but you should have it at the back of mind that there is time for increase and decrease in the market. And knowing when to buy at the cheaper price and when to sell at the high price makes you a good crypto currency trader.

adamin1i

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Quote from: NathanJB on July 11, 2019, 10:02:25 PM

This is temporary. You cannot expect Bitcoin to simply draw a straight line going to the top. That cannot be true. If that happens, we should all be worried because that means the growth is not natural at all. Bitcoin is going to fall sometimes because it is being traded, bought and sold, by real people, with emotions, needs, reaction to news, fears, etc.

In the old days, everybody could make money from it. all he has to do is take the coin and keep it.
but now even if you are a very good trader it is very difficult for you to make a profit. The market is no longer able to allow novice investors to win.

Spaffin

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If we talk about the future prospects of Bitcoin, then I always remember the end of 2017, when many users of cryptocurrency sold everything they could to invest their money in bitcoins. Then the price of Bitcoin fell very badly and their investments depreciated. Based on this, I believe that once Bitcoin reaches $ 20,000, it will provoke massive sales in order not only to capitalize on this, but also to avoid the problems that were in 2018.

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