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Topic: has trading become difficult? - page 7. (Read 2758 times)

sr. member
Activity: 574
Merit: 256
March 31, 2018, 05:01:09 PM
I think trading it depends upon your trading. It become difficult if you will just look to market every time, every minute.There are 2 types of trading. Day trading or long term trading. We all know that the value of bitcoin and other altcoins are very volatile, so its not surprising if it just having a big pump or big dump in just minutes or hours. If you look at them every time then yes it becomes difficult.
It is totally natural. How a person can gets high profit or good results when he don’t have enough knowledge about what he is going to do. When there is only simple blank strategy and your mind don’t get anything that how to cater problems and how to handle different saturations, how can you even expect a good output from this. So better is to learn about what you are going to do.
When you are not having complete knowledge of the market where you are investing soon, definitely you are trying to depend on your luck for making some sound profit which is equal to gambling. We are supposed to create our own futures and destinies and for that we are required to be logical and practical. Trading is not a gambling where you invest and then pray hard to god for huge returns.
full member
Activity: 434
Merit: 100
March 31, 2018, 05:52:22 AM
Your question have already said it all and answered itself. Crypto attracted new hands thanks to CNN it made headline last year. Since then Bitcoin have been dumping and pumping without warning. Lot's of manipulations in this game to the extent that Bitcoin now defies the laws of TA and FA, obeying no one. So it's harder to trade now even doing swing trade is a lot harder.
legendary
Activity: 3640
Merit: 1209
March 31, 2018, 05:36:38 AM
These days the bitcoin prices are rising and falling over 1000$ in just minutes and have become highly unpredictable way more than before.
Does this make trading more difficult right now?

Trading is quite easy when the market is in an uptrend, at the time you wrote the post. And it becomes hard when the market in the downtrend like now.
member
Activity: 198
Merit: 16
For RENT
March 31, 2018, 02:05:13 AM
Cryptocurrency trading has been always difficult not only for those who don't have a trading skill but even for those professional crypto-traders since cryptocurrency trading is a crazy market where you can't predict the price and its stability since it has a very high volatility.
member
Activity: 210
Merit: 10
March 31, 2018, 02:01:53 AM
I think trading it depends upon your trading. It become difficult if you will just look to market every time, every minute.There are 2 types of trading. Day trading or long term trading. We all know that the value of bitcoin and other altcoins are very volatile, so its not surprising if it just having a big pump or big dump in just minutes or hours. If you look at them every time then yes it becomes difficult.
It is totally natural. How a person can gets high profit or good results when he don’t have enough knowledge about what he is going to do. When there is only simple blank strategy and your mind don’t get anything that how to cater problems and how to handle different saturations, how can you even expect a good output from this. So better is to learn about what you are going to do.

Before maybe not like this and its easier because mostly the coin are going higher by increasing the market cap.
But now, bitcoin has many competitors which can lead the market cap of bitcoin loss by a little so that make our decision now is not that easy just by holding.
full member
Activity: 659
Merit: 101
March 31, 2018, 01:32:21 AM
I think trading it depends upon your trading. It become difficult if you will just look to market every time, every minute.There are 2 types of trading. Day trading or long term trading. We all know that the value of bitcoin and other altcoins are very volatile, so its not surprising if it just having a big pump or big dump in just minutes or hours. If you look at them every time then yes it becomes difficult.
It is totally natural. How a person can gets high profit or good results when he don’t have enough knowledge about what he is going to do. When there is only simple blank strategy and your mind don’t get anything that how to cater problems and how to handle different saturations, how can you even expect a good output from this. So better is to learn about what you are going to do.
sr. member
Activity: 658
Merit: 250
March 30, 2018, 05:00:18 PM
Trading is always difficult to conduct because of its highly volatile nature no one is sure about next minute in crypto. If you have intensely searched about a a particular coin still chances are that you may eaten by big whales, hence making trading always difficult.
I think trading difficulties is really depending on its market value. If the price rise we are having a hard time to find a buyer. Because only big investors can maybe afford on its price. While I the market down we are also having trouble on the profit that we can get because trading in a low price status is maybe bad. So then it depends upon the price. Maybe the best status of price to trade is in the neutral status.
jr. member
Activity: 82
Merit: 6
March 30, 2018, 04:17:55 PM
Well, i assume a lot of people entered the market who were not that experienced in trading anyway and since the whole market is too strongly influenced by BC, it's hard to find single short-term investment opportunities. I assume, real investors are at this point betting stronger on the long-term worth of single blockchain ideas, which could increase their value after coming into actual existence.
full member
Activity: 242
Merit: 100
March 30, 2018, 04:07:16 PM
Trading is always difficult to conduct because of its highly volatile nature no one is sure about next minute in crypto. If you have intensely searched about a a particular coin still chances are that you may eaten by big whales, hence making trading always difficult.
legendary
Activity: 1890
Merit: 1003
March 30, 2018, 04:00:33 PM
Traders only look for profits no matter how markets perform. Under every circumstance i can analyse and accept best decison because my experience gives me confident for this profession. At the beginning things look like different but all financial markets are numbers for those who understand the basics of trading.
member
Activity: 350
Merit: 10
March 30, 2018, 03:25:48 PM
Trading has always been difficult, if not, we would all be millionaires. If it seems difficult now it is because in the past few months everything continued to grow and it was automatic to make some money even for those who were incompetent.
This seems to be right, the previous bull market made very easy for anyone to earn money through trading and think of themselves as experts on the matter not realizing they were not the ones that should get any credit for their profits, anyone that invested in the beginning of the previous year made money, you did not needed to be a genius to do it but now things are very different.
then that trade today is becoming difficult, almost says nothing. The thing is, it's always been done, if you do not have certain skills and knowledge. If you do not chase for excess profits and not be greedy, even with the current state of things on the market, you can earn enough decent money.
A trader with great skills will make money in the market no matter the circumstances in which the market is, my point is that it was way easier before especially the previous year with the market growing so many times so anyone that invested in almost any coin to have made a great amount of money but now that the market is not growing as much making profits is going to be harder and only those that have any talent, knowledge and experience will make profits.
hero member
Activity: 672
Merit: 500
March 30, 2018, 03:12:21 PM
Trading is difficult for some time now. It's much more demanding and exhausting than it was before. Also it's not so easy to make profit and you have to spend much more time watching and analysing market if you want to achieve some results.
Trading is risky and it's not for everyone and in the future only few could say that they are successful traders.
It is not exactly trading that has been become difficult but bitcoin trading and that also the day trading not the long term one. because those traders who do long term bitcoin trading just need to buy bitcoin for now as the digital market is red but day traders must be in difficult situation due to these irregular changes in the price. It becomes difficult to make the right decision. During dip, it is easy to lose more money in day trading than during the pump phase.
full member
Activity: 365
Merit: 108
March 30, 2018, 12:23:59 PM
Yes it's caused difficulties in traidng but you can also get good profits in situations like this.if we talked about today then bitcoin go to very deep nearly to the 6000$ and therfore all altcoins going down and down so it's cauese too much difficulties in trading. But i hope the market will soon go up sowe can easily do trade of our coins and achieve the good profits.
newbie
Activity: 56
Merit: 0
March 30, 2018, 11:57:48 AM
I believe the longer we are exposed to trading and the longer we are accumulating experience regarding trades the easier it will be.  I do not believe that trading become difficult if we learned from our experience.  The only thing that make trading difficult if we do not do our assignment such as research, updates and closely monitors our holdings.
I have to agree with all you pointed out here and add some of my own in my opinion trading did not become more difficult contrary it became even easier sites like binance Cobin Hood brings us verry small or even no fees for trading and the volume for coins are way higher then they where lik2years ago so becouse of that you may make money easier just by keeping yourslef up to date , also there happens to be even more people who willingly shares there knowelge publicly with others so that you can learn from it.
hero member
Activity: 1750
Merit: 589
March 30, 2018, 11:26:34 AM
Yes, on short-term perspective it is very hard to predict the prices of bitcoin or any other cryptocurrencies so it is a time to buy good altcoins and hold them until you make money. Day trading is very risky in this highly volatile market and we shouldn't waste our money. If you buy and hold surely you will get a chance to sell at higher prices but it may take some time.
In starting a trading we also need to consider the time we are going to have or to invest with because time is really an important thing because it is also a way for us to earn. If we would manage to run and plan according to the expected time we would have as a part of our trading we could also have a good earning and profit for the future.
sr. member
Activity: 602
Merit: 250
—RUSHMOON — Automatic LP & Yield Farm & AMM on BSC
March 30, 2018, 11:01:16 AM
I don't think trading in December 2017 is difficult, because you can buy any coins and it will bump after some days. Trading is hard in these day, "blood day" because buy any coins can easily make you lose money. Embarrassed
hero member
Activity: 700
Merit: 500
March 30, 2018, 10:31:18 AM
Trading cryptocurrency is always difficult especially if we don't know anything about cryptocurrency but this could be solved if we want to learn about trading itself. I am sure there are many information or guidance about trading so we can learn step by step even for new people, they can learn the basic of trading. but now, as we can see that bitcoin price is reduced and altcoin becomes unpredicted, I admitted that the situations become difficult although we could still determine where the price wants to go.
In fact trading is a profession, for which one need to get proper education experience and some good trading skill, only then people can become able to use bitcoin for trading. In fact in trading we do not only depend on our luck but we need some trading experience which we can only get through spending time in trading. After getting some experience we can increase the chances of making money from trading.
member
Activity: 413
Merit: 10
March 30, 2018, 10:00:14 AM
Indeed, even currently it's begun to develop as value of bitcoin is increasing and until the end of this current year value of bitcoin are going to be quite twofold. increasing estimation of bitcoin is influencing it high I to trust in future we'll see the $64000 development of bitcoin but the time has come back to carry, higher believe it here I ought to state you aforesaid completely evident that value of bitcoin can build therefore purchase at this time at low value and rest for your providence, nonetheless I trust it'll be quite your want.
newbie
Activity: 210
Merit: 0
March 30, 2018, 09:06:16 AM

True. The trade now becomes more difficult. The goods we sell are not equivalent to their buying price. So we suffer losses.
Because the purchase price is more expensive than the selling price.
This happens because the influence of bitcoin prices continue to fall.
member
Activity: 311
Merit: 10
March 30, 2018, 08:58:30 AM
I always prefer to get into bitcoins and altcoins at the same point. As they are reciprocal so you have many chances to earn more and more money. But only wise decisions are required at both the ends. Altcoins are good to buy these days because they are at very low place where bitcoins are not that much affordable right now. Actually it's so easy trade here to earn but it easy to lose also some of your investing because we need only to buy in low then sell in high like just hold all of your coins
Yes it is a very difficult job that's why it is important to make a research and study about trading so that you can make a strategy in your mind that you can used in making a trade and to reduce the risk of lossing a money. Despite the coina having low value, as a trader, one must be patient enough to deal with waiting because it will eventually be worth it. Trading cryptocurrency is really hard job
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