Topic: has trading become difficult? - page 28. (Read 2758 times)

High flunctuating price of bitcoin is making everything unstable. To be honest, you can not really plan a trade because you don't know what is going to happen next! The level of irrational trading is very high right now!

Trading was and never will be difficult at all. Things are moving at a faster pace and as an average trader, it becomes difficult for him to understand the changes and absorb those changes for in trading strategy. Since the crypto market is already volatile in nature and on the top of that, institutional investor's entry is making it more volatile for the short term so we are at the chaotic environment as of now but things will settle soon.

Yes with volatility being observed with bitcoin, trading has become difficult for money making enthusiasts! Bitcoin as of now is certainly not for gambling. It is an important investment.

Trading should be need based and after thorough analysis of the patterns, charts and recurring situation it has to be ventured into. When prices are soaring with geometric proportions, why trade? Again when it is showing a sudden slip why trade?

Extreme caution needs to be applied in trading bitcoin and as of now it is certainly risky and difficult. We can term it as an avoidable adventure unless there is a serious need for money. After all, money is saved and accumulated only to be used properly. Storing all money in the bank and accumulating it without spending it at a time of need is zenith of foolishness and stupidity.

If however one wishes to play by trading, then the best thing to do would be trading altcoins. The fluctuations with altcoin is reasonable and one can expect to make profits to one's satisfaction. Basically this means that one will be less affected by the loss one incurs due to bad timing. It is best to day trade altcoin. A mistake in trading with altcoin will not be too costly compared to that of bitcoin. It is best to keep bitcoin for long term investment but keep an eye on its value and keep cautious trading with a part of it (if you are a trading enthusiast) to understand the digital trading ecosystem as well as to keep up with the drastic changes that currently one studies.

yes i agree that the Trading is become difficult, this is all because there is a huge  and straightforward rise in the cryptocurrency market there is nothing wrong here. Instead, what is the wrong point is that there has not form a good pullback or halt where people could enter there positions. And also the time taken for bitcoin price to rise in this huge manner is very less, and that's why people are fearing and facing difficulty in trading cryptocurrencies. I hope this will be change once there is a good pullback after every 1000 price rally.

Again, it depends on what kind of trading you're looking at. This deep swings up or down have only solidified Bitcoin's reputation for volatility, which is exactly what day traders and scalpers are looking for. Speculators like the swings, as it closes trades within minutes or hours, instead of holding onto positions for days. So this type or market is suitable for them, and I suppose contributed greatly to volume just on switching hands - exchanges are only too happy to oblige since they earn on percentage of every order closed. Arguably, they're even moving towards supporting this type of mentality, as seen by Bittrex only allowing orders placed within 0.1% of spot price.

I can't say for certain if this will have an effect on longer term traders like those on Localbitcoin. I'm still managing slow volumes, but especially as a seller, I'm not experiencing a slightly higher number of people cancelling trades when the price swings their way. It is a bit frustrating but the trusted traders generally honour the trade even when the market moves strongly against them.

Yes trading right now become more difficult to watch. As we all know, the price of bitcoin and its market is really wild. Right now, bitcoin is beating aths and aths. That is why trading become more difficult to deal with.

It's easier to trade alts at the moment than bitcoin. There are so many big players in bitcoin now, that they control the price and the volatility.

yes agree on it the way on how does you feel here is depends on the person on how would he is able to trade for cause in some it may look difficult which is true but take a chill and stay calm for everything that are happens in trading.

I feel all of you. The fact that every time you will check your alts value in just a minute another changes happens. So hard to predict or know the possible changes in value. Sometimes, we just have to check our alts coins every now and then so that we dont miss that good opportunity to buy or sell (and sometimes i just liok the screen for 30 minutes jist to make sure i dont miss anything but in the end still no use). Now its like the person who are lucky wins (so sad, im not that kind of person, just lucky in love).
I think the safest thing to do is just watch its movement and study it. Or we can check or seek help in some signals given by yhe pro.

for me sir? yes because bitcoin is not stable sometimes bitcoin is pumping op and suddenly dump. we don't predict the move of btc.

trading has become difficult because the bitcoin it is pumping and sometimes it is dumping, back in the good ol' days bitcoin is just bitcoin and it is stable but now it is not but still we can adapt the current situation of bitcoin.

trading is difficult in Bitcoin because it is pumping or dumping In anytime. If you want to long-term trading you should choose altcoins. If you want to short term you choose Bitcoin. But Bitcoin is a risk to invest in current market. If you trust me the Bitcoin you should invest in Bitcoin. Because it is unpredictable we don't predict the value in digital market.

yeah its very difficult now because in old days bitcoin was some kind of stable but now its moving very faster so it has v=become very hard now all have to count their profit in usd not in sat . because i think that some of the cryptos will never go back to tha satoshi they were at so its very hard to trade now and make profit in satoshi

I completely agree. With such fluctuations in the bitcoine exchange rate, it became more difficult to trade. Altkoins with such fluctuations in the bitcoin course behave unpredictably. Now you need to trade the altcoyins in a short, intraday.

Completely agree, the market can be analyzed very well with technical analysis till august 2017, but from there to now, it has been quite unpredictable, its difficult to find bitcoin going down and enter. y strategy now is buy and hold, it is a good strategy since august not?  

Actually, it's predictable due to the repeated cycle, whenever bitcoin reach the peaks, it will get corrected.
Look at altcoins prices, most of it decline after bitcoin get corrected, you can assume that most people are cashing out right now and prepare to buy back at the dip.
All you have to do is just predict the best entry point to buy bitcoin and altcoins, waiting for days or weeks and you will get profits.
At current bitcoin price, rise and fall over $1000 within minutes make it easier for traders to get extra profit in short-term, but you can always extract more profit if you can be patient, holding for several weeks.

Isn't a volatility is good for a trader? Trading is required a lot of experience to be able to have steady profit and maximize every chance no matter what the market looks like. I believe it's not harder or easier, it's just a matter the person experience about trading.

Trading is not a joke, when you trading, first make sure that the person you like to trade is trusted, trading is a big difficult.

The beauty of bitcoin is due to its volatility. If you can remember last 2nd week of November, it plummeted to 5,600$ after reaching 7,600$ and then had a bullish run up to 17,000$. Yes, btc trading is hard for short trades but my tip is to take profit around 3% to 5% to lessen the risk of losing. If you are in long term trading, just hold your position, btc price will rise eventually.

i think all pro trading are waiting until hit the support before need to buy again is that my speculation for me i waiting for the good price for a bitcoin,. Nowaday bitcoin has making sideways chech the graph of bitcoin this is a safe test way pricing bitcoin.