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Topic: Bitcoins Issues. - page 4. (Read 666 times)

full member
Activity: 640
Merit: 100
May 23, 2021, 01:05:18 AM
#26
bitcoin will be over 100 million if you believe ,, nothing is impossible ,, buy at the bottom is a very good trading strategy ,, leave your doubts buy and hold as hard as you can ,,, this is an opportunity ,, easy money ,,,, in one to three years in the future, for example, an investment of 100 $ will become 1000 $ hold on and you will always be a winner ...
hero member
Activity: 966
Merit: 500
May 23, 2021, 12:30:19 AM
#25
   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.

Yes it is true that Bitcoin was volatile dude, but for other it is a negative for them. But being here in this type of business industry I am grateful for the volatility where Bitcoin has together with some other cryptocurrency as well. Because with this a lot of the community got earned thru this methods. Though for now Bitcoin price value was actually down huge in the market but this is a great advantage chance to others and for others is doom.
Yes, the fact is that many day traders have become rich and successful from this high market volatility. but as we know, to be able to get profit from a market with high fluctuation is quite difficult if done by a beginner, so it doesn't matter if you want to try and learn while there is still time.
full member
Activity: 1190
Merit: 111
May 22, 2021, 10:44:44 PM
#24
   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.

Yes it is true that Bitcoin was volatile dude, but for other it is a negative for them. But being here in this type of business industry I am grateful for the volatility where Bitcoin has together with some other cryptocurrency as well. Because with this a lot of the community got earned thru this methods. Though for now Bitcoin price value was actually down huge in the market but this is a great advantage chance to others and for others is doom.
legendary
Activity: 3318
Merit: 1128
May 22, 2021, 02:41:11 PM
#23
Everyone knows that, it’s never a new thing. When you get to know about Bitcoin the first thing you’re going to know is that it is volatile, if you search for what Bitcoin is about on Google, every website that defines it will always add that it is a volatile asset. So it’s never a new thing, and I am always surprised when people complain when the price is down and start saying that they hate Bitcoin because of that, lol I just don’t get it.

This goes to show how greedy a lot of people can be, they are never satisfied, despite that they know that it is volatile they will still invest all their money out of greed and when they start losing it they start complaining.
Being volatile and not being able to use it are very different two things. You could always have a thing that is volatile but still a currency. There are currencies in the world that are worse than crypto and still used as a currency. The almighty joke about the "Zimbabwe dollar" is a real thing for example, we are talking about a currency being less valuable than toilet paper there, or we have Venezuela these days and we probably have some others that do not mean anything as well.

This is why I think there is a logical argument to be made for bitcoin which does go down a lot time to time but at least it does go up time to time as well and that is why I think that one is not that bad. Sure it is still volatile but as we have seen from the previous examples just because something is volatile doesn't mean that it is not going to be a currency neither.
legendary
Activity: 2044
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May 22, 2021, 11:21:53 AM
#22
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.
Everyone knows that, it’s never a new thing. When you get to know about Bitcoin the first thing you’re going to know is that it is volatile, if you search for what Bitcoin is about on Google, every website that defines it will always add that it is a volatile asset. So it’s never a new thing, and I am always surprised when people complain when the price is down and start saying that they hate Bitcoin because of that, lol I just don’t get it.

This goes to show how greedy a lot of people can be, they are never satisfied, despite that they know that it is volatile they will still invest all their money out of greed and when they start losing it they start complaining.
full member
Activity: 1582
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May 21, 2021, 06:19:37 PM
#21
So, what's the point?
Well, so far, we all know that BTC has high volatility. We don't talk about altcoins here because we want to focus on Bitcoin.
Although BTC is full of risks, in fact, many people can take profits from it. Why? because it depends on everybody's decision to trade BTC. there are traders and holders of BTC in which each has its own strategy.
Sometimes, yeah, we failed to get profits, but sometimes we can double the profits. But one to remember is that we don't need to only follow the trend, never follow the hype or FOMO so that we are not willing to get more risks.
legendary
Activity: 3094
Merit: 1127
May 21, 2021, 02:48:59 PM
#20
   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.
These are just basic things but not those solid indications for us to tell that this is an issue because if you do took picture in the market as a whole then ill ask you this. Which one arent volatile? (excluding stablecoins).
If these things werent volatile in price since from the start then you do really expect that it would become popular or well known? This is the best recipe for someone who do tend to make out investment.
The higher the volatility the higher the chances for you to gain big profits but of course dont really remove the tendency or probabilities of losing too  thats why you should really be careful on what you are dealing.
So let me ask you this, if you do hate that volatility then why you are here on the first place?
sr. member
Activity: 1610
Merit: 264
May 21, 2021, 02:44:13 PM
#19
~
Yeppers there. Though there are people that look at Bitcoin as more of an alternative payment method rather than an investment entity. I fall for both of these because why not in the first place.
The volatility is visibly a double-edged sword for sure, cause of course it doesn't always go up nor go down.
legendary
Activity: 2422
Merit: 1083
Leading Crypto Sports Betting & Casino Platform
May 21, 2021, 01:27:40 PM
#18
   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 volatility does not make less of a usable currency, there are several businesses around the world now accepting bitcoin as a means of payment,, even, there are lots of small and big businesses in my country that uses bitcoins as a form of payment for their goods and services.
And as a trader, the high volatility in bitcoin and other crypto coins is where the money is, if one is smart enough and monitor the market closely, know the right time to buy and when to sell and wait for a deep to buy again, then you gonna be making a lot of money, I agree that it's not as easy to do as it is easy to say, but many people I know are already very successful through this strategy, they buy bitcoin when it's down and sell when it gets to a certain level, and wait for a deep to buy again. The only issues I see that bitcoin has is the issue with high transaction costs and confirmation time, this are the two key problems bitcoin has.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
May 21, 2021, 12:23:21 PM
#17
Bitcoin's volatility is the main reason why it was an attractive piece of asset in the first place. Due to this nature of bitcoin, people are hopeful to ride its insane price swings until they are able to make a profit, and a lot have already been successful with it. It's really anyone's game, tbh, and those with something to spare and have the balls to go head first (with proper research and information, of course) are the ones usually coming out on top of everyone else.
hero member
Activity: 2604
Merit: 816
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May 21, 2021, 09:47:31 AM
#16
   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 price volatility is an issue for traders as they can not predict precisely because the price can go to any price, making us worry about seeing the price up to and down. But we can analyze the price to minimize the risk that we can get from trading and that is a must thing that every trader would do before they trade. We can not always succeed in trading because sometimes, we can fail in trading, making us lose money. But if you believe that is not a problem for you and you still trading carefully, you will make a profit in the future.
sr. member
Activity: 2114
Merit: 268
Leading Crypto Sports Betting & Casino Platform
May 21, 2021, 09:46:07 AM
#15
   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.
Trading is something that actually not easy to do. It might be look promising, that is why a lot of people sometimes use their money (maybe their savings, or money thay they should use to  daily needs. It is proven by a lot of news or maybe people who tell us story that they lose and then broke, no more money. But behind successful traders there are lose, cut lose, buy back, etc so they can minimize their losses. That  is thing that people should know first before trading.
sr. member
Activity: 2422
Merit: 357
May 21, 2021, 08:06:41 AM
#14
   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.
This is why we already have stablecoins in the market if you want your money to remain the same in value in the next 5 years. The volatility is high with Bitcoin but those up and down are the reason why many traders today are successful, they gain the skills in trading and used it to their advantage so they can win in this market. Every currency have their own issues, but seriously Bitcoin changes everything and this is the only issues that gives me opportunity to double my money. Trading is not easy as well, so as life and giving up is not an option, learn trading today and become successful in the future.
hero member
Activity: 2114
Merit: 603
May 21, 2021, 06:52:38 AM
#13
It's not the oldest one in the whole world but yeah I can feel your context here. Though volatile, it has shown out standing growth within a decade. May be if there would have been any contest regarding whose more popular in short time then Bitcoin would have been the number one for sure.

Bitcoin perhaps getting on the nerves because of it's value and high returns that are being experienced by millionaires and billionaires lately.

With that said, it is possible for us to trade effectively and grab lil share of profit when whales are making mega moves.  Wink
hero member
Activity: 1722
Merit: 801
May 21, 2021, 06:45:49 AM
#12
The possibility that bitcoin will fall drastically is the same possiblity that it will rise madly, so the best way to win the volatility sickness and disturbance is by long term holding, this will help you from emotional headache on trades, and at the same time gives you unexpected profit.
Hodlers don't get much loss with Bitcoin but traders do. Especially if they are margin traders or future traders and they use stupid leverages for their positions. They will get losses of their capital. Only less than five times of liquidations, they will lose more 95% of their initial capital.

There are very few hodlers on the market. Most of them are speculators who don't have single idea of how Bitcoin network works. They are targets of FUD and manipulations. The second type of traders are greed and stupid ones who use leverages and get liquidations.

With speculators or margin traders, you can not tell them to control their emotion.
sr. member
Activity: 1218
Merit: 279
May 21, 2021, 05:08:42 AM
#11
People don't usually understand this concept of volatility and I'm happy you can tell how the cryptocurrency moves, this incidence will let the public and newbies to know that bitcoin investment is not a get rich quick scheme but understanding the concept and purpose is the major priority, bitcoin is high at cap and can't be predictable unlike other altcoins so you should be careful when trading it.

The possibility that bitcoin will fall drastically is the same possiblity that it will rise madly, so the best way to win the volatility sickness and disturbance is by long term holding, this will help you from emotional headache on trades, and at the same time gives you unexpected profit.
newbie
Activity: 15
Merit: 4
May 21, 2021, 04:18:18 AM
#10
  Bitcoins is the oldest cryptocurrency and one of the highest valued currency's in the world.
Bitcoin is not the oldest cryptocurrency. The Bitcoin Origins - Explore Bitcoin History and Secrets

Quote
Has a large price volatility making it too unpredictable to be used as a currency.
It is an asset storage and far from a currency. People also are in love with Bitcoin volatility.

Quote
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.
Fails in trade can be your bad trading orders or problems from exchanges when price is crashing.

What are issues of Bitcoin that you implied here?
sr. member
Activity: 2016
Merit: 283
May 21, 2021, 02:10:01 AM
#9
   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.
its always a smart idea to follow the trend.. Especially if you saw it climbing and at the same time there's a good news also around the internet because it's a big opportunity to obtain a good return . Unlike when there's no such thing whrein bitcoin sometimes become very unpredictable and so volatile,  and sad to say you're not really sure if you can make massive profits afterwards and you need more time to monitor the movement to prevent losses.. Not the same when there's a trend and good new because even you sleep after placing order for sure even short term there's always a good returns after all.
full member
Activity: 1204
Merit: 162
May 20, 2021, 02:22:16 PM
#8
That is why there are people losing money in bitcoin trading. We should be careful because there are countless outcomes. However, this does not mean we must become more skeptical or hesitant. Trust yourself and instinct. Also remember to manage you fund accordingly. Confident but not reckless. Understand the risk and also the reward and you will be a consistent winner in this big major game

Mastering trading is what people dream of. That is my target. One day, I will be one of the best in trading who is able to make money while sitting at home
That is my end goal too but it is harder than it looks. I have kind of a opinion that with trading we learn again and again same things when we raise up the money invested in it. That emotional control is really important.
hero member
Activity: 1316
Merit: 561
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May 20, 2021, 01:19:16 PM
#7
That is why there are people losing money in bitcoin trading. We should be careful because there are countless outcomes. However, this does not mean we must become more skeptical or hesitant. Trust yourself and instinct. Also remember to manage you fund accordingly. Confident but not reckless. Understand the risk and also the reward and you will be a consistent winner in this big major game

Mastering trading is what people dream of. That is my target. One day, I will be one of the best in trading who is able to make money while sitting at home
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