Topic: Bitcoin trading strategy - page 5. (Read 13734 times)
If we are able to interpret the charts with perfect chart knowledge then we can have more chances to crack down the profits from bitcoin trading. Because knowledge on trading more important for making profit from trading.
patience is the golden rule
takes alot of your time
strategy is to earn more bitcoin while you are trading
like waiting game
takes alot of your time
strategy is to earn more bitcoin while you are trading
like waiting game
Trading does not seem so time consuming to me, one must have an eye for calculated risks and profit making opportunities, once a person is working around the bitcoin market often and understands the knowledge behind when and where the market can change, it becames fairly predictable to deal with bitcoin. I like to trade keeping graphs for revision, many websites offer such assistance.
patience is the golden rule
takes alot of your time
strategy is to earn more bitcoin while you are trading
like waiting game
takes alot of your time
strategy is to earn more bitcoin while you are trading
like waiting game
Remember to buy high and sell low
i think trading bitcoin is just earn small benefit
the best way to get btc is signature campaign
the best way to get btc is signature campaign
BTC is for trading. if we interested trading we will go using BTC as a trading symbol.
and also for business and another income for some people that have an extra time and need more money for themselves. And its also a great help for students because students that used this forum and bitcoin, learned how bitcoin works and also the economy of bitcoin.
BTC is for trading. if we interested trading we will go using BTC as a trading symbol.
that stuff is $ $240 in fiat money but in btc its worth only $220 so that its mean that you won or earn a profit by doing that . That is my only point.
This is what Borisz wrote exactly, however even if you are buying something for lost . I'd say that it doesnt matter, you are a winner as long as you bought at your desired prices.
[/quote]
We all know that but by the people saw they won from that things, so that let they think or saw in that way, if they feel that they won , ok they feel it and let it.
(No insults intended anywhere)
Of course not, having a conversation and discussion about a thing is a good way to correct yourself as well. I am pretty much open to be corrected by anyone who thinks that my argument might be wrong or missleading. Feel free to counter me up whenever you encounter my misleading post or hit me up for discussion through PM
I was referring here to my use of "stupid buyer" and "stupid seller" expressions I used to represent what one may think when selling buying, without knowing the intentions of the other party involved.
I think we are all in agreement that it cannot be judged as simply as "I won, you lost".
No it is not this case. Basically you are seeing this from the price perspective that is why you and most people are getting the wrong thoughts on it. It is not about the price but merely about what price are you gonna buy it at
i.e I bought at $240 and sell at $242. Im thinking that I am a winner while the buyer is a loser ( this is from the traders perspective, my point of view as well) however Deisik and Borisz pointed out that this isnt always the case because someone that bought at $242 do need the BTC for other stuff which means that in his own point of view he is a winner as well because he got the BTC at the price that he desired for
It doesnt actually matter on how he will spend it because what matter the most is on what price is he buying it at and someone who bought BTC at his desired price is a winner as well.
P.S : hope this clears out , basically this whole things is caused by my silly quote that is only viewing it from a trader's point of view
i.e I bought at $240 and sell at $242. Im thinking that I am a winner while the buyer is a loser ( this is from the traders perspective, my point of view as well) however Deisik and Borisz pointed out that this isnt always the case because someone that bought at $242 do need the BTC for other stuff which means that in his own point of view he is a winner as well because he got the BTC at the price that he desired for
It doesnt actually matter on how he will spend it because what matter the most is on what price is he buying it at and someone who bought BTC at his desired price is a winner as well.
P.S : hope this clears out , basically this whole things is caused by my silly quote that is only viewing it from a trader's point of view
-snip-
So without knowing what I'll use my coins for, it is hard to say who has lost. If you win, good for you, but that doesn't automatically mean that the other party has made a bad deal. It all depends on the perspective.
There is no no way to know what the others will do with the coins purchased. Everyone who purchased at this desired prices is indeed a winner no matter what he is using it for if we left out the "trading" and "purchasing" part.
The fact is someone willing to buy at X prices means that he wants it at the X prices , if he dont then he can always look for the other prices , this means that he bought at his desired prices despite what he will be doing with it later on
(No insults intended anywhere)
Of course not, having a conversation and discussion about a thing is a good way to correct yourself as well. I am pretty much open to be corrected by anyone who thinks that my argument might be wrong or missleading. Feel free to counter me up whenever you encounter my misleading post or hit me up for discussion through PM
that stuff is $ $240 in fiat money but in btc its worth only $220 so that its mean that you won or earn a profit by doing that . That is my only point.
This is what Borisz wrote exactly, however even if you are buying something for lost . I'd say that it doesnt matter, you are a winner as long as you bought at your desired prices
for example when he bought 5 btc the price of btc from that time is may we say that $240 per 1 btc and when he spend it the price of his coins was higher than he bought it, so its mean or he could say that he won from that way.
No it is not this case. Basically you are seeing this from the price perspective that is why you and most people are getting the wrong thoughts on it. It is not about the price but merely about what price are you gonna buy it at
i.e I bought at $240 and sell at $242. Im thinking that I am a winner while the buyer is a loser ( this is from the traders perspective, my point of view as well) however Deisik and Borisz pointed out that this isnt always the case because someone that bought at $242 do need the BTC for other stuff which means that in his own point of view he is a winner as well because he got the BTC at the price that he desired for
It doesnt actually matter on how he will spend it because what matter the most is on what price is he buying it at and someone who bought BTC at his desired price is a winner as well.
P.S : hope this clears out , basically this whole things is caused by my silly quote that is only viewing it from a trader's point of view
Exactly. Without knowing what I'll use my bitcoins for, you cannot say if I have lost. Following the 5 BTC @ 240$ analogy, I might buy it at 240 and the seller thinks I'm stupid because I bought a. above market price b. when the price is about the fall. However,
1. I might use this BTC to buy a product or service that is discounted by 20% if I purchase in BTC. Hence I still win almost 20% in price immediately. So what if I lost 2$ on the USD=>BTC trade?
2. I might be selling the 5 BTC as a trusted party on localbitcoins or simply in person to people I know for 250$ in which case I would say that the original seller is stupid to sell me at 240$ because I make 10$ on top of it.
(No insults intended anywhere)
So without knowing what I'll use my coins for, it is hard to say who has lost. If you win, good for you, but that doesn't automatically mean that the other party has made a bad deal. It all depends on the perspective.
for example when he bought 5 btc the price of btc from that time is may we say that $240 per 1 btc and when he spend it the price of his coins was higher than he bought it, so its mean or he could say that he won from that way.
No it is not this case. Basically you are seeing this from the price perspective that is why you and most people are getting the wrong thoughts on it. It is not about the price but merely about what price are you gonna buy it at
i.e I bought at $240 and sell at $242. Im thinking that I am a winner while the buyer is a loser ( this is from the traders perspective, my point of view as well) however Deisik and Borisz pointed out that this isnt always the case because someone that bought at $242 do need the BTC for other stuff which means that in his own point of view he is a winner as well because he got the BTC at the price that he desired for
It doesnt actually matter on how he will spend it because what matter the most is on what price is he buying it at and someone who bought BTC at his desired price is a winner as well.
P.S : hope this clears out , basically this whole things is caused by my silly quote that is only viewing it from a trader's point of view
Exactly. Without knowing what I'll use my bitcoins for, you cannot say if I have lost. Following the 5 BTC @ 240$ analogy, I might buy it at 240 and the seller thinks I'm stupid because I bought a. above market price b. when the price is about the fall. However,
1. I might use this BTC to buy a product or service that is discounted by 20% if I purchase in BTC. Hence I still win almost 20% in price immediately. So what if I lost 2$ on the USD=>BTC trade?
2. I might be selling the 5 BTC as a trusted party on localbitcoins or simply in person to people I know for 250$ in which case I would say that the original seller is stupid to sell me at 240$ because I make 10$ on top of it.
(No insults intended anywhere)
So without knowing what I'll use my coins for, it is hard to say who has lost. If you win, good for you, but that doesn't automatically mean that the other party has made a bad deal. It all depends on the perspective.
for example when he bought 5 btc the price of btc from that time is may we say that $240 per 1 btc and when he spend it the price of his coins was higher than he bought it, so its mean or he could say that he won from that way.
No it is not this case. Basically you are seeing this from the price perspective that is why you and most people are getting the wrong thoughts on it. It is not about the price but merely about what price are you gonna buy it at
i.e I bought at $240 and sell at $242. Im thinking that I am a winner while the buyer is a loser ( this is from the traders perspective, my point of view as well) however Deisik and Borisz pointed out that this isnt always the case because someone that bought at $242 do need the BTC for other stuff which means that in his own point of view he is a winner as well because he got the BTC at the price that he desired for
It doesnt actually matter on how he will spend it because what matter the most is on what price is he buying it at and someone who bought BTC at his desired price is a winner as well.
P.S : hope this clears out , basically this whole things is caused by my silly quote that is only viewing it from a trader's point of view
each time someone get a profit from trading there is someone that lose something in it
This is just plain wrong, sorry. That would hold true for a Ponzi style investments, that is, a zero sum game. Since Bitcoin has uses beyond sheer speculation (that of "buy low sell high"), this immediately renders such statements invalid. Someone sells a bitcoin with a profit, and someone else buys it, then the price drops. It appears that the latter is suffering losses, but if he is not going to speculate but use it beyond the exchange (say, to pay for services), the matter becomes more complicated. And it may turn out that everyone wins in the end, despite the price decrease...
My thoughts exactly, if I want to buy 5 BTC right now because I need it to purchase something, then I consider it a win, without considering if the price is 229.456 or 229.449 $/BTC. So you perhaps win on this trade and think that I have lost, but it is not true. My aim was to get the 5 BTC, regardless of the minor fluctuations on which you make some profit.
If you buy now 5 btc and spent them immediately then you dont win and dont loose at the same time.
unless the price change suddently, and you don't have the time to sell it, maybe you're in the same time, also unlucky with the confirmation that will delay your deposit
You, guys, still seem to be missing the whole idea of what I was trying to convey. You are obstinately trying to judge the result of a trade from a solely financial point of view whereas this is not always applicable. And in real life (apart from purified trading where things are simple or even primitive), this is not the case in the majority of situations...
each time someone get a profit from trading there is someone that lose something in it
This is just plain wrong, sorry. That would hold true for a Ponzi style investments, that is, a zero sum game. Since Bitcoin has uses beyond sheer speculation (that of "buy low sell high"), this immediately renders such statements invalid. Someone sells a bitcoin with a profit, and someone else buys it, then the price drops. It appears that the latter is suffering losses, but if he is not going to speculate but use it beyond the exchange (say, to pay for services), the matter becomes more complicated. And it may turn out that everyone wins in the end, despite the price decrease...
My thoughts exactly, if I want to buy 5 BTC right now because I need it to purchase something, then I consider it a win, without considering if the price is 229.456 or 229.449 $/BTC. So you perhaps win on this trade and think that I have lost, but it is not true. My aim was to get the 5 BTC, regardless of the minor fluctuations on which you make some profit.
If you buy now 5 btc and spent them immediately then you dont win and dont loose at the same time.
unless the price change suddently, and you don't have the time to sell it, maybe you're in the same time, also unlucky with the confirmation that will delay your deposit
You, guys, still seem to be missing the whole idea of what I was trying to convey. You are obstinately trying to judge the result of a trade from a solely financial point of view whereas this is not always applicable. And in real life (apart from purified trading where things are simple or even primitive), this is not the case in the majority of situations...
each time someone get a profit from trading there is someone that lose something in it
This is just plain wrong, sorry. That would hold true for a Ponzi style investments, that is, a zero sum game. Since Bitcoin has uses beyond sheer speculation (that of "buy low sell high"), this immediately renders such statements invalid. Someone sells a bitcoin with a profit, and someone else buys it, then the price drops. It appears that the latter is suffering losses, but if he is not going to speculate but use it beyond the exchange (say, to pay for services), the matter becomes more complicated. And it may turn out that everyone wins in the end, despite the price decrease...
My thoughts exactly, if I want to buy 5 BTC right now because I need it to purchase something, then I consider it a win, without considering if the price is 229.456 or 229.449 $/BTC. So you perhaps win on this trade and think that I have lost, but it is not true. My aim was to get the 5 BTC, regardless of the minor fluctuations on which you make some profit.
If you buy now 5 btc and spent them immediately then you dont win and dont loose at the same time.
unless the price change suddently, and you don't have the time to sell it, maybe you're in the same time, also unlucky with the confirmation that will delay your deposit
so there is always the risk, until bitcoin will be as a stable as a euro or usd
each time someone get a profit from trading there is someone that lose something in it
This is just plain wrong, sorry. That would hold true for a Ponzi style investments, that is, a zero sum game. Since Bitcoin has uses beyond sheer speculation (that of "buy low sell high"), this immediately renders such statements invalid. Someone sells a bitcoin with a profit, and someone else buys it, then the price drops. It appears that the latter is suffering losses, but if he is not going to speculate but use it beyond the exchange (say, to pay for services), the matter becomes more complicated. And it may turn out that everyone wins in the end, despite the price decrease...
My thoughts exactly, if I want to buy 5 BTC right now because I need it to purchase something, then I consider it a win, without considering if the price is 229.456 or 229.449 $/BTC. So you perhaps win on this trade and think that I have lost, but it is not true. My aim was to get the 5 BTC, regardless of the minor fluctuations on which you make some profit.
Make sense since you guys are making such example. Still my thoughts will be I am a winner each time I profitted myself with the trade,but perhaps I should change the second sentences for that
Partially because I dont think it that way, Im merely adjusting my thoughts only for trade which means that I buy on low spot, sell it at higher spot , so my thoughts goes to I win you lose term but infact since this examples explcitly states that it is not always like that then I do need to revise that quote
each time someone get a profit from trading there is someone that lose something in it
This is just plain wrong, sorry. That would hold true for a Ponzi style investments, that is, a zero sum game. Since Bitcoin has uses beyond sheer speculation (that of "buy low sell high"), this immediately renders such statements invalid. Someone sells a bitcoin with a profit, and someone else buys it, then the price drops. It appears that the latter is suffering losses, but if he is not going to speculate but use it beyond the exchange (say, to pay for services), the matter becomes more complicated. And it may turn out that everyone wins in the end, despite the price decrease...
My thoughts exactly, if I want to buy 5 BTC right now because I need it to purchase something, then I consider it a win, without considering if the price is 229.456 or 229.449 $/BTC. So you perhaps win on this trade and think that I have lost, but it is not true. My aim was to get the 5 BTC, regardless of the minor fluctuations on which you make some profit.
If you buy now 5 btc and spent them immediately then you dont win and dont loose at the same time.
The win/lose dichotomy cannot be considered only in financial terms, unless we are talking about speculation or pure financial investments. For example, you have 50% of the total issue of shares by the company you are desperate to take over. Will it matter for you at which price you buy one more share that gives you control over that company ("golden share"), or where the price will move right after you buy that share (in reasonable limits indeed)?
each time someone get a profit from trading there is someone that lose something in it
This is just plain wrong, sorry. That would hold true for a Ponzi style investments, that is, a zero sum game. Since Bitcoin has uses beyond sheer speculation (that of "buy low sell high"), this immediately renders such statements invalid. Someone sells a bitcoin with a profit, and someone else buys it, then the price drops. It appears that the latter is suffering losses, but if he is not going to speculate but use it beyond the exchange (say, to pay for services), the matter becomes more complicated. And it may turn out that everyone wins in the end, despite the price decrease...
My thoughts exactly, if I want to buy 5 BTC right now because I need it to purchase something, then I consider it a win, without considering if the price is 229.456 or 229.449 $/BTC. So you perhaps win on this trade and think that I have lost, but it is not true. My aim was to get the 5 BTC, regardless of the minor fluctuations on which you make some profit.
If you buy now 5 btc and spent them immediately then you dont win and dont loose at the same time.
each time someone get a profit from trading there is someone that lose something in it
This is just plain wrong, sorry. That would hold true for a Ponzi style investments, that is, a zero sum game. Since Bitcoin has uses beyond sheer speculation (that of "buy low sell high"), this immediately renders such statements invalid. Someone sells a bitcoin with a profit, and someone else buys it, then the price drops. It appears that the latter is suffering losses, but if he is not going to speculate but use it beyond the exchange (say, to pay for services), the matter becomes more complicated. And it may turn out that everyone wins in the end, despite the price decrease...
My thoughts exactly, if I want to buy 5 BTC right now because I need it to purchase something, then I consider it a win, without considering if the price is 229.456 or 229.449 $/BTC. So you perhaps win on this trade and think that I have lost, but it is not true. My aim was to get the 5 BTC, regardless of the minor fluctuations on which you make some profit.
Jump to: