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Topic: Bitcoins Issues. (Read 666 times)

hero member
Activity: 2744
Merit: 588
December 23, 2021, 05:34:46 PM
#86
If you can't accept losses then don't trade, that's what I often instill in myself. It doesn't mean that I trade to get a loss, but a loss in trading is a risk and we must be able to accept that risk and make it a lesson for the future. if we give up only on one failure or loss in trading then it is a big mistake. We are here to rise and also strive to be better. My advice is to start trading with a small capital first so that we can learn from it and add more capital if it is deemed sufficient knowledge and skill.

I believe no trader up until now doesn't experience loss at all.
Because at some point, even an expert trader will make a mistake and suffer loss.
But if you will use that lesson from your loss, you will improve your trading skills.
It will take time and effort to learn those tips and tricks.
This is not an overnight endeavor to accomplish in life.
This is the same also with stock trading, you can't get the full grasp at one run.
sr. member
Activity: 1498
Merit: 443
December 23, 2021, 05:26:37 PM
#85
If you can't accept losses then don't trade, that's what I often instill in myself. It doesn't mean that I trade to get a loss, but a loss in trading is a risk and we must be able to accept that risk and make it a lesson for the future. if we give up only on one failure or loss in trading then it is a big mistake. We are here to rise and also strive to be better. My advice is to start trading with a small capital first so that we can learn from it and add more capital if it is deemed sufficient knowledge and skill.
hero member
Activity: 2688
Merit: 588
December 23, 2021, 01:36:27 PM
#84
There is no queries that price has no surety due to high fluctuations. In any case and what type of coin you have even it is a bitcoin or any other coin there will always be some sort of fluctuations so you do not realize that during next days what will be the utility of this coin. One thing is to remember that bitcoin has strong base if it will decrease in worth but after few hours it will come back to its higher worth so during volatility each and every Coin become up and down is not a new thing.
That volatility is mainly because we have so much money involved in bitcoin and yet so little involved at the same time. Meaning, we have a lot of people trading, and they have a lot of money that they can use for trading but not all of them are always in the market, sometimes it is just in USDT, sometimes it is in crypto, sometimes it is in fiat at coinbase, but it is not always in the trading itself.

It means that while on a regular moment the market may have x amount of money, there could be 2x amount of money waiting to get involved with bitcoin (or crypto in general). This is how the market moves so volatile, because people trade regularly like there is nothing wrong and then suddenly we have so much money going in or out of bitcoin all of a sudden, that causes bitcoin to be a little bit more hectic compared to all other markets.
full member
Activity: 395
Merit: 107
December 23, 2021, 11:54:49 AM
#83
Volatility is the main reason why it can't be used as currency because the value of bitcoin is highly oscillating all the time, so one who take it as payment may lose the value even when the transaction is in process.
hero member
Activity: 1344
Merit: 502
December 23, 2021, 08:41:18 AM
#82
There is no queries that price has no surety due to high fluctuations. In any case and what type of coin you have even it is a bitcoin or any other coin there will always be some sort of fluctuations so you do not realize that during next days what will be the utility of this coin. One thing is to remember that bitcoin has strong base if it will decrease in worth but after few hours it will come back to its higher worth so during volatility each and every Coin become up and down is not a new thing.
full member
Activity: 1358
Merit: 104
December 15, 2021, 12:12:06 PM
#81
People know already Bitcoin is more popular crypto in market.Decentralization is never be stable. Coz its pump and dump naturally. Don't believe any fake news coz bitcoin most oldest coin and bitcoin development increase day by day.This year bitcoin price huge increase i think bitcoin price will be more rise in future. When you Start investing then you need to be Smart method.
newbie
Activity: 1
Merit: 0
December 14, 2021, 05:13:28 AM
#80
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hero member
Activity: 3136
Merit: 591
Leading Crypto Sports Betting & Casino Platform
June 13, 2021, 05:45:48 PM
#79
One more thing, you should be a risk taker person because everything in crypto is risky either long term investment or trading. Bitcoins volatility is the key to earn huge profit but if you are afraid to risk then stay away from this investment.
Accepting its nature of being volatile will teach you many things. As you learn how to deal with it, you'll eventually learn that such volatility will really give you that high potential profit but as well as losing. But forget about losing if you're long term on it, you don't have to deal with that much pressure that you see in the market as long as you're maintaining yourself cool as you hold it. It's been seen and done by many and the true potential of bitcoin is there if you manage to deal whenever it's truly volatile.
member
Activity: 909
Merit: 17
www.cd3d.app
June 13, 2021, 11:36:58 AM
#78
   Bitcoins is the oldest cryptocurrency and one of the highest valued currency's in the world. Has a large price volatility making it too unpredictable to be used as a currency. Doing analysis to trade in a trading cause this digital currency is not consistently in a high value. Sometimes may fail to trade cause their's a sudden down of an a price, but it is a good luck when the price value is high. Being trader we must smart and confidence to trade without any doubt.

One more thing, you should be a risk taker person because everything in crypto is risky either long term investment or trading. Bitcoins volatility is the key to earn huge profit but if you are afraid to risk then stay away from this investment.
sr. member
Activity: 924
Merit: 255
June 13, 2021, 09:08:24 AM
#77
The point is if you really still have doubts about bitcoin for trading.. don't do it, however this is related to trust as well as other things that can strengthen your insight into bitcoin,for me, I think it's more appropriate for short and long term investments.
full member
Activity: 1946
Merit: 112
June 13, 2021, 07:19:14 AM
#76
   Bitcoins is the oldest cryptocurrency and one of the highest valued currency's in the world. Has a large price volatility making it too unpredictable to be used as a currency. Doing analysis to trade in a trading cause this digital currency is not consistently in a high value. Sometimes may fail to trade cause their's a sudden down of an a price, but it is a good luck when the price value is high. Being trader we must smart and confidence to trade without any doubt.

Of course, everything is so, but I would not say that this is a problem for BTC, or rather, for many, this is an advantage in turn, because it allows you to make good money. You can scroll through the history of the emergence and development of BTC and see what the price of BTC was and what it has become. Tell me is it a problem that the price of BTC has gone up so much? I am sure that everyone would like to go back to that time and buy BTC in order to sell and get rich now. So where someone sees a problem, others see an opportunity and success.
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
June 12, 2021, 10:07:23 AM
#75
I thought you would be talking about the actual issue of bitcoin that we are current facing, such as absurd fees and slow confirmation time during network congestion for which it makes bitcoin unusable as a regular day to day coin. But you ended up talking about making profits from trading lol. Of course crypto currencies are volatile. Stocks are also volatile but not as volatile as crypto currencies. But as more people starts to adopt the usage of crypto currencies, more bitcoins are spread among the people, the less volatile it will get. If you think this volatility is an issue for you, you should go use stable coins. They aren't volatile.
-snip-
look at the price from YFI, then you will know the answer
 -snip-
Don't just look at the price. Look at the marketcap. YFI has low supply. If someone makes a coin that has total supply of only ten coins, and the price of the coin is few hundred grands, that doesn't mean its the most expensive coin.
sr. member
Activity: 1330
Merit: 256
June 12, 2021, 09:15:31 AM
#74
   Bitcoins is the oldest cryptocurrency and one of the highest valued currency's in the world. Has a large price volatility making it too unpredictable to be used as a currency. Doing analysis to trade in a trading cause this digital currency is not consistently in a high value. Sometimes may fail to trade cause their's a sudden down of an a price, but it is a good luck when the price value is high. Being trader we must smart and confidence to trade without any doubt.
Bitcoin is not one of the cryptocurrencies with the highest value in the world mate, l
ook at the price from YFI, then you will know the answer, like this, indeed in the high volatility crypto market it has become part of the market itself,
that's why many traders like the crypto market, because it's easy to get a profit if you manage to do the analysis
Bitcoin more popular around the world now and almost people have know and try how to be investor and holder, but bad change by some fud news make bitcoin going dump and bad reputation for new comer understanding about bitcoin. I see if bitcoin keep potential and going up without impact by fud news maybe many new investor will hold and save money in bitcoin every day.
hero member
Activity: 2926
Merit: 657
No dream is too big and no dreamer is too small
June 12, 2021, 08:46:44 AM
#73
   Bitcoins is the oldest cryptocurrency and one of the highest valued currency's in the world. Has a large price volatility making it too unpredictable to be used as a currency. Doing analysis to trade in a trading cause this digital currency is not consistently in a high value. Sometimes may fail to trade cause their's a sudden down of an a price, but it is a good luck when the price value is high. Being trader we must smart and confidence to trade without any doubt.
Bitcoin is not one of the cryptocurrencies with the highest value in the world mate, l
ook at the price from YFI, then you will know the answer, like this, indeed in the high volatility crypto market it has become part of the market itself,
that's why many traders like the crypto market, because it's easy to get a profit if you manage to do the analysis
OP had already find crypto as the best place to stay for the risk-takers and those we are willing to challenge themselves despite the market volatility. But I tend to disagree with you saying it is easy to get profit in here because even you have good in TA, it was not the assurance that you easily make a good profit in trading. In fact, pro-traders are also suffering losses, there is no excuse in here and we can guarantee nothing in trading.
legendary
Activity: 2898
Merit: 1823
June 12, 2021, 04:22:12 AM
#72
  Bitcoins is the oldest cryptocurrency and one of the highest valued currency's in the world. Has a large price volatility making it too unpredictable to be used as a currency. Doing analysis to trade in a trading cause this digital currency is not consistently in a high value. Sometimes may fail to trade cause their's a sudden down of an a price, but it is a good luck when the price value is high. Being trader we must smart and confidence to trade without any doubt.


Stop day trading or any form of short term tradng if, you don’t have the proper skills and the right personality for it, and also if you don’t have the right amount of capital for it. For under-capitalized plebs like us, we should, BUY THE DIP AND HODL. Don’t let the whalecumulators manipulate you to get the thing they most want from you. YOUR BITCOIN.

Tradings need a significant amount of capital to earn massively, but it doesn't mean you can't trade with just a tiny amount of investment. There are still some altcoins out there like XRP, which we can trade even with our little money. For us plebs, short terms are not for us, and it is best if we use long-term trading to earn more profit if luck is on our side.


“Trading” undercapitalized will only put you in a situation with a higher probability of failure than success, and the lower your capital, the lower than chance for success. Don’t waste your time “trading” undercapitalized, just buy fundamentally sound coins regularly during dips, and HODL. The most fundamentally sound cryptocurrency is? Cool
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
June 11, 2021, 03:52:39 PM
#71
snip...   

Stop day trading or any form of short term tradng if, you don’t have the proper skills and the right personality for it, and also if you don’t have the right amount of capital for it. For under-capitalized plebs like us, we should, BUY THE DIP AND HODL. Don’t let the whalecumulators manipulate you to get the thing they most want from you. YOUR BITCOIN.
Tradings need a significant amount of capital to earn massively, but it doesn't mean you can't trade with just a tiny amount of investment. There are still some altcoins out there like XRP, which we can trade even with our little money. For us plebs, short terms are not for us, and it is best if we use long-term trading to earn more profit if luck is on our side.
The result of our trades will also matter in the amount we use for capital. MOre money, more gains, but also a lot of money to lose if we are not careful with this. And for us who will afraid of losing them all, we need to be in trading but just to become a simple holder and then sell when there is an opportunity.
I notice that many investors had just come during the bear season and they just come back during Bullrun, it is a long wait but it found efficient as their wait are worth enough.
sr. member
Activity: 789
Merit: 273
June 11, 2021, 12:40:18 PM
#70
   Bitcoins is the oldest cryptocurrency and one of the highest valued currency's in the world. Has a large price volatility making it too unpredictable to be used as a currency. Doing analysis to trade in a trading cause this digital currency is not consistently in a high value. Sometimes may fail to trade cause their's a sudden down of an a price, but it is a good luck when the price value is high. Being trader we must smart and confidence to trade without any doubt.


Stop day trading or any form of short term tradng if, you don’t have the proper skills and the right personality for it, and also if you don’t have the right amount of capital for it. For under-capitalized plebs like us, we should, BUY THE DIP AND HODL. Don’t let the whalecumulators manipulate you to get the thing they most want from you. YOUR BITCOIN.
Tradings need a significant amount of capital to earn massively, but it doesn't mean you can't trade with just a tiny amount of investment. There are still some altcoins out there like XRP, which we can trade even with our little money. For us plebs, short terms are not for us, and it is best if we use long-term trading to earn more profit if luck is on our side.
sr. member
Activity: 1330
Merit: 256
June 11, 2021, 12:30:31 PM
#69
   Bitcoins is the oldest cryptocurrency and one of the highest valued currency's in the world. Has a large price volatility making it too unpredictable to be used as a currency. Doing analysis to trade in a trading cause this digital currency is not consistently in a high value. Sometimes may fail to trade cause their's a sudden down of an a price, but it is a good luck when the price value is high. Being trader we must smart and confidence to trade without any doubt.


Stop day trading or any form of short term tradng if, you don’t have the proper skills and the right personality for it, and also if you don’t have the right amount of capital for it. For under-capitalized plebs like us, we should, BUY THE DIP AND HODL. Don’t let the whalecumulators manipulate you to get the thing they most want from you. YOUR BITCOIN.
Trader have brave to know risk anything your job always have risk trade on bitcoin or other investment, maybe when you see many people said easy trade on other in bitcoin maybe they ever failed and get more loss, you need to know every investment have risk and bitcoin looks smart choose for investing but have to know when correct time for joining and try to invest in bitcoin or altcoin.
hero member
Activity: 2940
Merit: 613
Winding down.
June 11, 2021, 09:26:22 AM
#68
   Bitcoins is the oldest cryptocurrency and one of the highest valued currency's in the world. Has a large price volatility making it too unpredictable to be used as a currency. Doing analysis to trade in a trading cause this digital currency is not consistently in a high value. Sometimes may fail to trade cause their's a sudden down of an a price, but it is a good luck when the price value is high. Being trader we must smart and confidence to trade without any doubt.
And since you know already how volatile we are, you'll be needed to be smart otherwise, it cost you a lot. And you will think now that trading is gonna be easy? Assuming that you find it hard and it was risky, what gonna be your plan? Are you going to continue trading or not? Well, I'm not going to do that until I was fully prepared already.
A lot of traders just come and you what will happen to most of them, they are quitting and that might possible to happen with us if we don't understand the market trend.
legendary
Activity: 2898
Merit: 1823
June 11, 2021, 08:53:07 AM
#67
   Bitcoins is the oldest cryptocurrency and one of the highest valued currency's in the world. Has a large price volatility making it too unpredictable to be used as a currency. Doing analysis to trade in a trading cause this digital currency is not consistently in a high value. Sometimes may fail to trade cause their's a sudden down of an a price, but it is a good luck when the price value is high. Being trader we must smart and confidence to trade without any doubt.


Stop day trading or any form of short term tradng if, you don’t have the proper skills and the right personality for it, and also if you don’t have the right amount of capital for it. For under-capitalized plebs like us, we should, BUY THE DIP AND HODL. Don’t let the whalecumulators manipulate you to get the thing they most want from you. YOUR BITCOIN.
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