Topic: Bitcoins Issues. (Read 666 times)

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.

Rajamuda

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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.

ven7net

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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.

adzino

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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.

muratsink

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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.

Distinctin

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Quote from: Dadan on June 11, 2021, 12:40:18 PM

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.

Wind_FURY

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Quote from: Wind_FURY on June 11, 2021, 08:53:07 AM

Quote from: Dadan on June 11, 2021, 12:40:18 PM

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

Sled

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Bitcoin- in bullish time

Quote from: Wind_FURY on June 11, 2021, 08:53:07 AM

Quote from: Wind_FURY on June 11, 2021, 08:53:07 AM

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.

Dadan

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Quote from: Wind_FURY on June 11, 2021, 08:53:07 AM

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.

muratsink

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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.

Vaculin

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Winding down.

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.

Wind_FURY

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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.

sempak

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Quote from: yohananaomi on June 11, 2021, 02:04:10 AM

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.

That's right the price of Bitcoin is really volatile to be used as currency most of the small business wouldn't be able to use it too due to the expensive transaction fee. For now I think it's one of the issues of Bitcoin why some people are still not using it as an alternative to fiat if they could have managed to have fast transaction fee and cheap fee I think that's different story.

el kaka22

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with continuous analysis and experience gained, you can find out the nature of bitcoin, make no mistake if you want to be safe by holding on for a certain time bitcoin can be sure to experience a hefty profit

That is the benefit of persisting into one thing Cheesy

because experience is the key for success everywhere. Bitcoin got few basic characteristics (which cannot be found in any other assets/stocks), when we start making use of them then we can easily make profits; still here we have 2 methods to gain easy profits: long term holding and active trading, those who are unable to realize the nature of bitcoin. it is highly recommended to go for long term holding to enjoy easy profits rather than complaining about issues of bitcoin.

Quote from: clint25n on June 05, 2021, 05:13:39 AM

Being trader we must smart and confidence to trade without any doubt.

But fortunately trading alone the only way to make money in bitcoin ecosystem. You need to be smart to explore other methods if trading is not going in your favor. Long term holding is the alternative I am making use of, to survive as trading is not my cup of coffee.

yohananaomi

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That's right, bitcoin asset holders must be really aware that Bitcoin is very volatile, must be wise in responding to the situation of ups and downs in prices.. However, if we are good at analyzing more profits than losses we can. We may lose, but it is also possible for us to profit many times over. that's why i love bitcoin.

because of its profitable nature, until now bitcoin has become a very promising investment and seems to have started to beat many investments that have existed in the past. bitcoin continues to grow, many have known and made new business fields.

Even though bitcoin is known to be unstable, the demand is still unstoppable because the results obtained can be many times the cost price. although not a few are also experiencing losses and they are still happy and continue to do. because with continuous analysis and experience gained, you can find out the nature of bitcoin, make no mistake if you want to be safe by holding on for a certain time bitcoin can be sure to experience a hefty profit

milewilda

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Quote from: iamsheikhadil on June 06, 2021, 10:46:01 AM

Oh nice! Thank you for the awesome topic because we really needed to know that Bitcoin is really volatile and there's risk, before this post, we never knew that Bitcoin trading is actually risky due to its volatility nature

you so beautifully explained how Bitcoin can suddenly go up and down due to many reasons and I appreciate it.

Dont know if you are just trying to be sarcastic on here or you do really appreciate on what OP is been saying which are actually the basics. lol
If you do deal up with this market then your primary thing to be observed is the volatility itself.You would able to determine is directly and i dont see
any issues rather than with that Block size and scability and the rest is just already considered to be its pro's or advantage.
Volatility does have its own pros and cons on where you can actually make out money if you do know on what you are doing.

CryptocurencyKing

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Bitcoin is more than a currency. Looking at bitcoin to being just currency alone is a lot of limitation on bitcoin already. There is no way currency could be viewed as an asset but bitcoin in itself is an asset so, talking about it as being a currency alone is a limitation.

So, it fits in too capacity thoughtl not perfectly.
1. As a currency fir exchange becuase its got value that could not be over emphasised and thats what exchanges is about, exchange of value and
2. As an asset which is where the volatility nature of the coin comes into play. Thats why its hodl by most traders, because its value is subject to change and depend on the direction of the change, it might be beneficial or not so. Its just that!

RealMalatesta

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Quote from: iamsheikhadil on June 06, 2021, 10:46:01 AM

Oh nice! Thank you for the awesome topic because we really needed to know that Bitcoin is really volatile and there's risk, before this post, we never knew that Bitcoin trading is actually risky due to its volatility nature

you so beautifully explained how Bitcoin can suddenly go up and down due to many reasons and I appreciate it.

I can sense the sarcasm Grin

.

Lots of so-called pro traders lost hefty amounts during these crash times and this is why so many topics about Elon Musk and so many topics about trading recently.

People for some reason consider volatility as a negative but it is the volatile nature of Bitcoin that keeps it so exciting as an investment prospect. You just need to learn the ability to use the volatility to your advantage and you will love these bear and bull runs. One thing I would always suggest is to stay away from leverage or futures trading because these rich guys will swing the market according to their needs and liquidate small traders.

dezoel

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Quote from: sana54210 on May 22, 2021, 02:41:11 PM

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.

The volatility of bitcoin is what makes it to be more interesting. It is very risky, but at the same time it can be very rewarding more than any other investments you’re going to see these days. I have a lot of friends that used to do forex trading, but they have all switched to crypto trading and none of them is doing forex trading this time around, and since they got into crypto trading their lives have changed.

Crypto is very risky too, that’s why you have to be careful and calculate the risks before making a move. You have to make sure that you can deal with the risk, and know how much you can risk, and you also have to study it very well and know how everything works.

iamsheikhadil

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Oh nice! Thank you for the awesome topic because we really needed to know that Bitcoin is really volatile and there's risk, before this post, we never knew that Bitcoin trading is actually risky due to its volatility nature

you so beautifully explained how Bitcoin can suddenly go up and down due to many reasons and I appreciate it.

kapalmabur

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Quote from: Luqman on June 05, 2021, 05:55:37 PM

This is a very common situation and advice. ANd what we should know is the right time to enter buy and also sell at the right time. And how we can manage our funds, risks, and also emotions when trading. This management and also the ways of our strategies and research also will influence the result. I know that I am personally also not good enough for this.

But, as you know, almost all cryptocurrencies, not only Bitcoin but also Altcoins also have high volatility. Moreover, altcoin prices are very dependable on Bitcoin. SO, be aware of this.

The first thing to realize is that all cryptocurrencies are very volatile, so of course we can't just invest if we don't want to lose,
it takes a strategy and analyzing the market is also important,
what is clear is that the risk is very high so we really need to learn in order to make a profit

Lakai01

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Quote from: Ryker1 on June 05, 2021, 04:53:59 PM

-snip-
I don't have much technical idea on trading but as far as I know, it is really hard to predict the bitcoin price and you will never know the movement of the price. However, traders should know this since they enter in crypto space and it always has risk if you don't know to execute.
-snip-

Not only is it not easy to predict the Bitcoin price, it is impossible. This is true not only for Bitcoin but for any other asset traded in the market, whether stocks, bonds or precious metals. If you could even come close to predicting the price of anything, the market would either be destroyed immediately or you would be infinitely rich.

But what is certainly more serious in the case of Bitcoin are the manipulations that are carried out quite openly. Bitcoin hodlers from the early days can influence the market with, say, 10,000 BTC and lead to selling pressure, which these people then use to buy cheaply. Of course, this is also the case in other markets, but it is much less obvious, since the market supervisory authorities would immediately get wind of it and initiate sanctions.

Luqman

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This is a very common situation and advice. ANd what we should know is the right time to enter buy and also sell at the right time. And how we can manage our funds, risks, and also emotions when trading. This management and also the ways of our strategies and research also will influence the result. I know that I am personally also not good enough for this.

But, as you know, almost all cryptocurrencies, not only Bitcoin but also Altcoins also have high volatility. Moreover, altcoin prices are very dependable on Bitcoin. SO, be aware of this.

anti-dot

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Quote from: Quidat on June 05, 2021, 05:49:22 PM

Quote from: Kelvinid on June 05, 2021, 09:25:35 AM

If we are not aware of that, it gonna be a big problem.
But supposedly, it wasn't a big deal for us because before we jump into crypto, we must have the knowledge already about this and that serves as awareness. However, many never mind it, they just simply think that they can make a profit so easily in trading. And they just know the truth about Bitcoin trading once they suffer losses. It is too late, I think but that is the truth, it is not the issue of Bitcoin but it is an issue of ourselves.

When it comes to technical aspects then i do presume that most newbie investors or even old ones doesnt really know about this even with the basics and as mentioned on where they do all mind off about making profits without really minding on what are the these issues are but actually its not really an issue because majority or the community could able to bare it out despite out of these flaws but we cant really remove that since this is the father of all crypto then its no surprise that support would be mainly poured into this one.For those who do make this a big deal then youre always free to leave.

They just look at the charts and see big green candles and jump in in the hopes to get out at some later point being in the green. Precisely said, that is just not investing but gambling.

Technical aspects are important and in particular if there are issues in the code of Bitcoin. Those who knew Bitcoin runs into capacity problems could have taken that into account for their investment decisions. The drama at the time also took Bitcoin a little bit down although it quickly recovered afterwards.

Quidat

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Quote from: Kelvinid on June 05, 2021, 09:25:35 AM

If we are not aware of that, it gonna be a big problem.
But supposedly, it wasn't a big deal for us because before we jump into crypto, we must have the knowledge already about this and that serves as awareness. However, many never mind it, they just simply think that they can make a profit so easily in trading. And they just know the truth about Bitcoin trading once they suffer losses. It is too late, I think but that is the truth, it is not the issue of Bitcoin but it is an issue of ourselves.

When it comes to technical aspects then i do presume that most newbie investors or even old ones doesnt really know about this even with the basics and as mentioned on where they do all mind off about making profits without really minding on what are the these issues are but actually its not really an issue because majority or the community could able to bare it out despite out of these flaws but we cant really remove that since this is the father of all crypto then its no surprise that support would be mainly poured into this one.For those who do make this a big deal then youre always free to leave.

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Quote from: Maslate on June 05, 2021, 04:41:44 PM

Quote from: imstillthebest on June 05, 2021, 09:12:02 AM

Quote from: imstillthebest on June 05, 2021, 09:12:02 AM

I don't see Bitcoin's volatility as a problem because that's one of its characteristics and that what makes it a top cryptocurrency. I actually see it as an edge among other currencies because most traders and investors make a profit from it. As long as we know how to deal with Bitcoin's volatility, we'll only see it as an opportunity whether to buy or earn.

its not a problem for us traders because we can make use of the ups and downs of btc but it can cause a problem for a person that wants to use thier btc as a payment solution but they are not forced to use btc either because there are cryptos with less volatily or cryptos that are truely stable that they can use .

Yeah, it is a matter of choice and if we choose BTC for a trade we are supposed to adopt its volatility knowing that it was a part of it. We can never change that volatility feature, it is for us to adjust and use that to take the opportunity. To be honest, that volatility makes traders generate money and I choose those coins that have higher volatility as it moves faster ups and downs.

Well, in trading, --this volatility will give a better potential that the traders will easily earn a profit on trading. Buy low and sell high is the basic method in trading using bitcoin which means if this is high volatility it is easy to execute orders. I don't have much technical idea on trading but as far as I know, it is really hard to predict the bitcoin price and you will never know the movement of the price. However, traders should know this since they enter in crypto space and it always has risk if you don't know to execute. Because when people get FUD and easily have a panic sell, they are not a real crypto enthusiast, they are here because they heard the potential of making money they did not how will it works.

Maslate

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I don't see Bitcoin's volatility as a problem because that's one of its characteristics and that what makes it a top cryptocurrency. I actually see it as an edge among other currencies because most traders and investors make a profit from it. As long as we know how to deal with Bitcoin's volatility, we'll only see it as an opportunity whether to buy or earn.

its not a problem for us traders because we can make use of the ups and downs of btc but it can cause a problem for a person that wants to use thier btc as a payment solution but they are not forced to use btc either because there are cryptos with less volatily or cryptos that are truely stable that they can use .

Yeah, it is a matter of choice and if we choose BTC for a trade we are supposed to adopt its volatility knowing that it was a part of it. We can never change that volatility feature, it is for us to adjust and use that to take the opportunity. To be honest, that volatility makes traders generate money and I choose those coins that have higher volatility as it moves faster ups and downs.

1l1l11ll1l

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I don't see Bitcoin's volatility as a problem because that's one of its characteristics and that what makes it a top cryptocurrency. I actually see it as an edge among other currencies because most traders and investors make a profit from it. As long as we know how to deal with Bitcoin's volatility, we'll only see it as an opportunity whether to buy or earn.

Yeah man, Day traders instead get success due to the high volatility of bitcoin. with what they call a technique, they can generate shit tons of money per day from bitcoin volatility. but this is quite difficult if done by beginners or even those who do not have basic trading skills

Kelvinid

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If we are not aware of that, it gonna be a big problem.
But supposedly, it wasn't a big deal for us because before we jump into crypto, we must have the knowledge already about this and that serves as awareness. However, many never mind it, they just simply think that they can make a profit so easily in trading. And they just know the truth about Bitcoin trading once they suffer losses. It is too late, I think but that is the truth, it is not the issue of Bitcoin but it is an issue of ourselves.

imstillthebest

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Quote from: Xinarae* on June 04, 2021, 11:40:26 PM

I don't see Bitcoin's volatility as a problem because that's one of its characteristics and that what makes it a top cryptocurrency. I actually see it as an edge among other currencies because most traders and investors make a profit from it. As long as we know how to deal with Bitcoin's volatility, we'll only see it as an opportunity whether to buy or earn.

its not a problem for us traders because we can make use of the ups and downs of btc but it can cause a problem for a person that wants to use thier btc as a payment solution but they are not forced to use btc either because there are cryptos with less volatily or cryptos that are truely stable that they can use .

Cling18

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I don't see Bitcoin's volatility as a problem because that's one of its characteristics and that what makes it a top cryptocurrency. I actually see it as an edge among other currencies because most traders and investors make a profit from it. As long as we know how to deal with Bitcoin's volatility, we'll only see it as an opportunity whether to buy or earn.

clint25n

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That's right, bitcoin asset holders must be really aware that Bitcoin is very volatile, must be wise in responding to the situation of ups and downs in prices.. However, if we are good at analyzing more profits than losses we can. We may lose, but it is also possible for us to profit many times over. that's why i love bitcoin.

Kong Hey Pakboy

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Don't be discouraged if you have to go ahead believing in bitcoin investing. If you can master the right business strategies you can make a profit no matter what the price volatility in the market so keep an eye on bitcoin without thinking of any issues this is the right time to hold and the market is likely to rise. The use of bitcoin as a digital currency is increasing in many countries.

Exactly, the more you worry, the more your judgment gets clouded on what you should do. As @Xinarae* said, you should learn how to make a positive out of any situation and how you can make money out of those situations.

Lakai01

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Quote from: YOSHIE on June 05, 2021, 01:21:50 AM

-snip-
You can trade on Bitcoin, if you have enough money ability, I mean you buy when the price is low and sell when the price is high, it's a common method that people do and get good results.

You say that as if it were so easy, but it is absolutely not. Anyone who has tried to trade knows how difficult it is to time the market correctly and not to make any short-circuit actions (selling in panic, buying at the top because "it's still going up", ...).

Trading is very difficult, especially psychologically, and you must not allow yourself to deviate from your trading plan. It is definitely not as simple as "buy low sell high"!

YOSHIE

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Being trader we must smart and confidence to trade without any doubt.

This is a good point, intelligence without capital will also produce bad results, these three factors must go hand in hand, you must know the news that is quite popular so far about 'Elon' he has those three characters.

You can trade on Bitcoin, if you have enough money ability, I mean you buy when the price is low and sell when the price is high, it's a common method that people do and get good results.

Xinarae*

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Don't be discouraged if you have to go ahead believing in bitcoin investing. If you can master the right business strategies you can make a profit no matter what the price volatility in the market so keep an eye on bitcoin without thinking of any issues this is the right time to hold and the market is likely to rise. The use of bitcoin as a digital currency is increasing in many countries.

andriarto

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Quote from: jrrsparkles on June 01, 2021, 11:28:59 PM

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.

While the high volatility is also the main reason why more people are interested in crypto investments because it can help the to make profits in quick time.

Yes this volatility can cause alot of issue during transaction between the two parties involved in the transaction so i also dont recommend it as a regular way to use it as a currency. Yes for investing in bitcoin there is no doubt at all.

That's the problem that's why many businesses are still hesitant to accept Bitcoin as mode of payment so I think it will be hard for them to remain profitable since there's no assurance for that as per Bitcoin volatility. Right now, it remain as one of the best investment asset and not a currency and this cryptomarket already proves that not just Bitcoin but also many altcoins. For a trader and long term investor, cryptocurrency is a great place for them despite of the risk.

maybe it is also one of the reasons the government has not legalized it as a means of payment. especially with a relatively large fee for bitcoin, sometimes it is not suitable for use in transactions with a small nominal

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Quote from: jrrsparkles on June 02, 2021, 12:39:28 AM

Quote from: jrrsparkles on June 01, 2021, 11:28:59 PM

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.

While the high volatility is also the main reason why more people are interested in crypto investments because it can help the to make profits in quick time.

Yes this volatility can cause alot of issue during transaction between the two parties involved in the transaction so i also dont recommend it as a regular way to use it as a currency. Yes for investing in bitcoin there is no doubt at all.

As a investor this may sounds good but as a crypto enthusiast its very worst thing to accept because bitcoin was actually made to be used as currency but we all are using it for other purpose than the transacting as actual payment modes.

it evolves to being used for investment purposes rather than use it as a currency for payment options owed to its high volatility feature. so it really depends on you if you want to use it for payment purposes or just keep it for investment purposes, because volatility will not go away anytime soon. some people complain about such feature but why not take advantage of such feature and make the most of it. because as a crypto user, you can't do much about it but just act on what is presented on the market.

jrrsparkles

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Quote from: jrrsparkles on June 01, 2021, 11:28:59 PM

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.

While the high volatility is also the main reason why more people are interested in crypto investments because it can help the to make profits in quick time.

Yes this volatility can cause alot of issue during transaction between the two parties involved in the transaction so i also dont recommend it as a regular way to use it as a currency. Yes for investing in bitcoin there is no doubt at all.

As a investor this may sounds good but as a crypto enthusiast its very worst thing to accept because bitcoin was actually made to be used as currency but we all are using it for other purpose than the transacting as actual payment modes.

jrrsparkles

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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.

While the high volatility is also the main reason why more people are interested in crypto investments because it can help the to make profits in quick time.

passwordnow

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Quote from: mamahdedeh on May 31, 2021, 12:35:57 AM

for those who can take advantage of the volatility of market movements then they will be successful in this business, but many people are tempted to get rich quick without having any knowledge. therefore only a few people can survive in the market, because the market psychologically attacks every trader

The mindset about getting rich quick, they're always the ones that will lose a lot in this market. They don't study how the works, how volatility can be a disadvantage or advantage to them. What matters to them is how they'll become rich without doing anything. The lazy way of getting rich. There's no such that can do and that's what they have to understand because it's very important that they need to have the basic knowledge how bitcoin's volatility can be a feature and a way for them to reach that they want to reach.

DarkIT

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Quote from: CaVO32 on May 30, 2021, 06:39:36 PM

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.

You made a good statement about the bitcoin.Most of the people who had earned more from bitcoin will say this same one.Because bitcoin was a lucky slot to all the investors.To get only profit from the slot,you need to keep hold of bitcoin.With all the mentioned things,you need to add the patience and holding in your cart.It's most essential one.

CryptopreneurBrainboss

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Volatility is already part of bitcoin or crypto market. So yes, it should not be a big discussion anymore. We already embraced such property of this currency. We just need to go around on this aspect and learn how to take advantage of this aspect. And volatility will be a very good feature how you can earn from this market if you know how to strategize your funds.

The high volatility is the reason the industry is dominating the investment market in such a very short period of time. When comparing the return of investment, don't think any investment out there can give 50% of what the cryptocurency asset are giving.

Bitcoin on it own has done quite astonishing in regards to the return it has given in the span of just 5 months judging from the beginning of the year to its all time high.

You just have to learn to take advantage of this volatility instead of complaining about them, without them, I doubt the industry would had growned this high especially within the timeframe it used to achieved this.

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Quote from: CaVO32 on May 30, 2021, 06:39:36 PM

Quote from: Yatsan on May 30, 2021, 02:11:30 PM

Bitcoin volatility is not an issue anymore for we have already know that it is its nature ever since it has existed few years ago. Now the challenge we traders are up into is to deal with such volatility and work into such difficulty and pressure to work on our side to be able to survive and gain profit from trading as well as investing with Bitcoin. Bitcoin is not perfect as many think it is but what is the important thing is can work into it gaining profit so we must just seize the moment for the volatility is a given variable for us to strive hard.

Volatility is already part of bitcoin or crypto market. So yes, it should not be a big discussion anymore. We already embraced such property of this currency. We just need to go around on this aspect and learn how to take advantage of this aspect. And volatility will be a very good feature how you can earn from this market if you know how to strategize your funds.

for those who can take advantage of the volatility of market movements then they will be successful in this business, but many people are tempted to get rich quick without having any knowledge. therefore only a few people can survive in the market, because the market psychologically attacks every trader

CaVO32

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Quote from: Yatsan on May 30, 2021, 02:11:30 PM

Bitcoin volatility is not an issue anymore for we have already know that it is its nature ever since it has existed few years ago. Now the challenge we traders are up into is to deal with such volatility and work into such difficulty and pressure to work on our side to be able to survive and gain profit from trading as well as investing with Bitcoin. Bitcoin is not perfect as many think it is but what is the important thing is can work into it gaining profit so we must just seize the moment for the volatility is a given variable for us to strive hard.

Volatility is already part of bitcoin or crypto market. So yes, it should not be a big discussion anymore. We already embraced such property of this currency. We just need to go around on this aspect and learn how to take advantage of this aspect. And volatility will be a very good feature how you can earn from this market if you know how to strategize your funds.

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Quote from: akiho yoshizawa on May 23, 2021, 01:05:18 AM

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.

If bitcoin wasnt volatile then dont expect that we would really come this far.Most of people do love on seeing income opportunity which its just a bonus but if you do ask me
then volatility isnt an issue.

When it comes to payment system then i dont see any issues as well.Its just depending on what are the impressions made out by each people whom do engage with it.
If you do look that way then its up to you but you should at least see the brighter side.

Yatsan

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Bitcoin volatility is not an issue anymore for we have already know that it is its nature ever since it has existed few years ago. Now the challenge we traders are up into is to deal with such volatility and work into such difficulty and pressure to work on our side to be able to survive and gain profit from trading as well as investing with Bitcoin. Bitcoin is not perfect as many think it is but what is the important thing is can work into it gaining profit so we must just seize the moment for the volatility is a given variable for us to strive hard.

Dadan

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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 ...

There is no easy money when it comes to cryptocurrency. Many people got bankrupt or lose big money because of this, especially in the last big dip.
It's an excellent option to hold longer your asset, but it's not a good idea for me since you won't maximise your profit.

Alucard1

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Yes, that's true, bitcoin's volatility makes it so unique compared to other assets, its volatility makes it good for trading and investment. When the price of bitcoin is down, it doesn't mean that we will automatically lose in trading, whatever the situation of the market if it is down or up it is still tradeable, there is still a chance to win in trading.

Quote from: isaac_clarke22 on May 21, 2021, 02:44:13 PM

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.

I don't think that bitcoin is mostly being used for an alternative payment method because the number one use of bitcoin is for investment, the volatility of cryptocurrency makes it good for investment as we can earn huge money for a long-term investment.

fullhdpixel

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Bitcoins is the oldest cryptocurrency and one of the highest valued currency's in the world.

Bitcoin was the first-ever cryptocurrency so yeah indeed the oldest one and also the highest rated, most robust crypto even after thousands of other coins have been made.

Has a large price volatility making it too unpredictable to be used as a currency.

That has always been a problem but is somewhat solved with the introduction of stable coins because if you are worried about the price dropping you can convert them to USDT at any point.

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.

You can sometime analyze and predict the movement of bitcoin but you will never be sure because there was no single person here who would have predicted bitcoin falling at low as 30k recently. I would say rather than trading, just hold if you see the price dropping while if it's rising cash some profits to later invest once it drops again.

CryptopreneurBrainboss

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Quote from: nrvasquez on May 23, 2021, 12:30:19 AM

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.

So then what, the scams known as the fiat system used to lauder money by the elites, having no real backing is to be used as the currency for trades knowing fully well that the only reason the price keep stable is because of the countless amount of billions getting printed daily and introduce quarterly to the circulating supply of fiat.

Bitcoin is of another ideology and her's the best in the sense that its supply is limited, price appreciation is just an additional benefits that shouldn't be seen as an issue intend be embraced.

The volatility is what makes the market interest and attractive to many investors. Bitcoin would serve as a better currency then the fiat has even been but that's future ambitious that we shouldn't force into reality instead let fate decide.

Shasha80

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Quote from: martina14 on May 22, 2021, 10:44:44 PM

Quote from: martina14 on May 22, 2021, 10:44:44 PM

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.

Not everyone can successfully make profit from day trading, they must have good trading knowledge and experience first. Therefore learning all
knowledge about trading must be done as soon as possible, that way we can take advantage of a very volatile market like now. But the fact is
that many people are lazy to learn how to analyze the market, most people prefer to follow other people's trading signals. So it's no wonder more
traders are experiencing losses nowadays.

akiho yoshizawa

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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 ...

nrvasquez

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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.

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Quote from: dezoel on May 22, 2021, 11:21:53 AM

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.

sana54210

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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.

dezoel

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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.

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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.

milewilda

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Quote from: dothebeats on May 21, 2021, 12:23:21 PM

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?

isaac_clarke22

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~

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.

Fivestar4everMVP

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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.

dothebeats

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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.

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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.

udidrone

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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.

goaldigger

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Quote from: blackened515 on May 21, 2021, 05:08:42 AM

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.

so98nn

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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

OcTradism

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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.

blackened515

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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.

hatakeyudu

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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?

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Quote from: Blitzboy on May 20, 2021, 01:19:16 PM

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.

JooBra

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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.

Blitzboy

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Leading Crypto Sports Betting & Casino Platform

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

passwordnow

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Quote from: Obito on May 19, 2021, 06:26:20 AM

Sometimes may fail to trade cause their's a sudden down of an a price

Fail to trade because of the price going down? it's tradable regardless of the market price. If it's in the bull run then it will surely be traded off and if it's in the bear market then it will be the same as the bull run's price and nothing will change and matter because it will always be tradable. I think you only have used a different word and that would be hard to trade because holders won't trade it at a lower price but to say that may fail to trade, I think that's a different story.

CryptoWebDirectory

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Bitcoin is just as volatile as any other currency or stock. I would agree there is a certain part of the population that looks at it as more of an asset than investment - kind of like gold. However, I personally don't think Bitcoin has the price volatility that many other coins have. If someone were telling me they wanted to buy just one cryptocurrency to hold for the next 10 years - I would tell them to buy Bitcoin because I think it's the most stable.

wahyu wida

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Quote from: TheGreatPython on May 19, 2021, 04:20:08 AM

It’s just like what we have been seeing lately, Bitcoin reached a high price and a lot of people are still predicting that it is going to reach a more higher price, but instead the price keeps decreasing. That goes to show you how unpredictable the market can be, you just don’t know exactly what it’s going to be. Although you can still make use of analysis and they help you know the possibilities that the market would be going a particular direction.

And with bitcoin's unpredictability that also has the benefit for anyone to get in anytime they want because the prices are ever changing. But you have to take analysis with a grain of salt as it s volatile as you said.

with a large volatile, it makes the opportunity to get a big profit too. but it is directly proportional to the risk that must be borne. therefore learning to trade is needed before we trade. many people want to get rich quickly but the results are just the opposite

Obito

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Quote from: TheGreatPython on May 19, 2021, 04:20:08 AM

It’s just like what we have been seeing lately, Bitcoin reached a high price and a lot of people are still predicting that it is going to reach a more higher price, but instead the price keeps decreasing. That goes to show you how unpredictable the market can be, you just don’t know exactly what it’s going to be. Although you can still make use of analysis and they help you know the possibilities that the market would be going a particular direction.

And with bitcoin's unpredictability that also has the benefit for anyone to get in anytime they want because the prices are ever changing. But you have to take analysis with a grain of salt as it s volatile as you said.

TheGreatPython

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