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Topic: Bitcoin trading is a big challenge. - page 9. (Read 1793 times)

sr. member
Activity: 756
Merit: 251
July 11, 2019, 10:02:25 PM
#29
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.
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
July 11, 2019, 08:34:58 PM
#28
I agree with the CEO of Galaxy Digital that the price of Bitcoin will continue to rise even if there is a possibility this year will break 20,000 usd, this is only a possibility if we draw the line according to the chart, but all return to the market,
while the price of BTC yesterday fell due to correction, and I am sure that in a few days or weeks it will rise again and continue the journey to ATH.
bitcoin still stays above 11k and 20k looks possible to be achieved by bitcoin in the short term. It looks like the fact that bitcoin was searching the best rate above 10k rate. A few corrections have already passed and it keeps search the best rate.
But we are talking about the bitcoin that caused by the correction and it has brought a very big challenge for us. Fast movement of the price and swing on its price.
jr. member
Activity: 238
Merit: 1
July 11, 2019, 07:48:48 PM
#27
Yes its true that bitcoin trading is a big challenge especially when you invest in times its already in at its peak price value, then suddenly drops and dont know when to rise up again. But surely bitcoin is profitable because many investors makes profit from it, however a wise investor buys bitcoin at its lowest cost and use it for future investments to earn big profits.
legendary
Activity: 2324
Merit: 1604
hmph..
July 11, 2019, 07:25:41 PM
#26
the biggest problem in trading is the inability of traders to control their emotions. And the being too greedy to make a lot of profits.  if the pro can cut loss due to incompatibility with market conditions, beginners can lose 10x more than those who are professional. It means, Self-management in trading is the most important for all traders.
member
Activity: 700
Merit: 10
July 11, 2019, 07:24:53 PM
#25
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?



Bitcoin prices rose very significantly in 2019. Any risky trading including bitcoin, shares, or forex. The important thing is that we have the skills to get profit and be disciplined with our strategy
legendary
Activity: 2156
Merit: 1018
Buzz App - Spin wheel, farm rewards
July 11, 2019, 07:15:24 PM
#24
I agree with the CEO of Galaxy Digital that the price of Bitcoin will continue to rise even if there is a possibility this year will break 20,000 usd, this is only a possibility if we draw the line according to the chart, but all return to the market,
while the price of BTC yesterday fell due to correction, and I am sure that in a few days or weeks it will rise again and continue the journey to ATH.
hero member
Activity: 2856
Merit: 644
https://duelbits.com/
July 11, 2019, 06:30:15 PM
#23
There is nothing easy in crypto trading, this must be understood before trading.
do not expect everything to work well in trade, because it is not easy to predict and is influenced by various complex factors.
Your emotions are relied on here.
member
Activity: 574
Merit: 10
Gistcoin
July 11, 2019, 05:44:18 PM
#22
Trading will always involve a big challenge and risks. One you may get big profits, but other, you may also lose your funds. However, Bitcoin is still fluctuating. As long as we can read the market chart and cycle so far, we may know the right time to pick and buy the BTC and time for selling.
hero member
Activity: 3080
Merit: 603
July 11, 2019, 05:25:09 PM
#21
You haven't seen that bitcoin has hit $13k today, do you? Early this year price of bitcoin was just $3,200 and now how much we're talking about? And this is a speculative market and that's why Novogratz is telling you for the next 18 months. It doesn't mean that it will get an instant pump, it has to go many waves before pumping to that price that you are expecting. Trading sure is a tough activity and I even trade now for few times because doing it daily will certainly give me an headache.
Yes. I understand. But we are not able to predict the extent to which Bitcoin prices will fall and the extent to which Bitcoin prices will rise. Don't we remember a few months ago? The price of Bitcoin fell from $ 10,000 to $ 3,500. This is a dilemma for us.
We can predict but the question is if those predictions that we do or we hear are going to be reliable and accurate. It was from last year when bitcoin started to fell and it's known that by that time we went a rough road and that's bearish. I can understand on how worried you are but rest assured that the market will become lighter these days if we don't see it fall under $9k-$10k because that would be the support from now on. And having that said, we will definitely see a positive move for upcoming months.
sr. member
Activity: 1587
Merit: 271
Enterapp Pre-Sale Live
July 11, 2019, 05:00:04 PM
#20
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?



This is what is called trading, there are times for rising prices, and there is a time to go down. The nature of cryptocurrency is indeed fluctuations. I think this is normal. Maybe if we see the end of 2017 until the beginning of 2018, the crypto price also increases. After that it dropped slowly until the beginning of 2019 to $ 3500. And now it has increased to $ 11,327. In this opportunity, we are looking for profit. We must be good at using this situation.What experts say can be true or false. That's just their estimate. Not a sure thing.
full member
Activity: 736
Merit: 100
Adoption Blockchain e-Commerce to World
July 11, 2019, 12:09:23 PM
#19
Novogratz will always talk about the strong growth of Bitcoin in the future, but he can't know anything for sure. his words are just comforting words for investors who have trusted him their money

Yes, and comforting words for all those who hope that their project will grow in value over time. Now the cryptocurrency has stopped in its development is obvious. Hunting does not bring profit means and 90% of investors do not receive it.
full member
Activity: 840
Merit: 100
Oikos.cash | Decentralized Finance on Tron
July 11, 2019, 12:04:59 PM
#18
Novogratz will always talk about the strong growth of Bitcoin in the future, but he can't know anything for sure. his words are just comforting words for investors who have trusted him their money
member
Activity: 504
Merit: 10
July 11, 2019, 11:33:02 AM
#17
true. the movement of bitcoin is difficult to guess the direction makes traders more curious to follow the movement. here we feel challenged to be able to read the next movement. down or up.
full member
Activity: 447
Merit: 100
July 11, 2019, 11:29:17 AM
#16
~snip
Yes, you are right. I only buy a little bit of Bitcoin when the price is low. Cry Cry Cry

I think now is not the right time to buy Bitcoin. Prices are high.
The price is down at this time has not found the end point. Maybe it will increase or down.
No one can say exactly when it's high or low  Grin So what do you think about the lowest price of BTC in 2018 is $ 3k? It is still much higher than many years ago. If you don't have time, you can spend 10% of your monthly income to buy and keep BTC as a savings for the future.
full member
Activity: 285
Merit: 100
July 11, 2019, 05:31:18 AM
#15
It may be as they say, the BTC will increase in the coming months, but the trend will stop. The market cycle is always pump dump and sideway, it will rotate continuously that cycle
member
Activity: 350
Merit: 10
"In CryptoEnergy we trust"
July 11, 2019, 05:13:07 AM
#14
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?



Yes you are right, bitcoin trading is really a challenge for us, if we dont know how to ride on the perfect time, even forex, stock market is the same, if you enter on the wrong time, you would probably lose a lot of money, be patience enough and take a proper timing is the most important thing, also reading the graph and the market is also an important thing in daily trading, dont take the FOMO's it will just hurt you, take a due diligence.
full member
Activity: 434
Merit: 102
July 11, 2019, 04:51:50 AM
#13
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?


Yes that’s why you’re being told that trading cryptocurrency is a very risky business for anyone to do. You can make huge profits and you can also lose the money the same way you have made it…. It’s not just a bed of roses and it is not meant for anyone, especially those that cannot take the risks that are involved in it. I always recommend long term (hodl) that’s always the best if you cannot trade perfectly. Long term is easy than day trading.
member
Activity: 2044
Merit: 16
July 10, 2019, 09:34:38 PM
#12
Trading is always been a big challenge because you have to be on point always of your trade or else you suffer losses but it doesn't mean you have to be specific at always, there are always space to grow on how to make a successful trading especially if you are daily trader. I would suggest to make ease and comfort, just buy and hold it for long-term and if you see chances that you have already profit then you to sell it , just like that and repeat. With that strategy your mind is at ease and nothing to worry about daily predictions and chart readings just to cope up with daily profits.
sr. member
Activity: 938
Merit: 251
July 10, 2019, 09:32:54 PM
#11
Being new and having less knowledge in trading, I can feel you, as I experienced the decrease of value of my coins in trading btc, all we need is proper technique. Bitcoin will eventually grow more in the coming years, but we all wanted something we can get in a short period of time.
jr. member
Activity: 420
Merit: 1
July 10, 2019, 09:30:03 PM
#10
It is very difficult to see the crypto market situation because the price is always changing at any time, even crypto trading experts cannot ensure the price of Bitcoin in the future, all are predictions and nothing is certain.
actually, I want a price increase and see the new ATH is reached Wink but we can trade on the exchange that has a large trading volume to be able to see what the latest price of Bitcoin is in 24 hours.
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