Is it still worth it to trade? - page 17.

coynedterm

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Quote from: Frost on February 01, 2017, 01:16:27 PM

I wonder if someone still should get into trading Bitcoin at this point? There was a time with incredible aggresive swings so that daytrading was interesting, but now the movements appear but much slower. Is it still worth it to trade?

In my opinion , It is to be better to do trading instead of doing nothing , because day by day people are exiting from trading but less numbers of people are entering in the bitcoin , So making deals , means buy/sell altcoins speedly , became slow .
Because the reason , that trading is much legit way to make money than other ways , So I will still prefer trading is good and best and also will remain best .
It may be possible that profit in trading became low and slow but earning profit is sure .

agustina2

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Quote from: Frost on February 01, 2017, 01:16:27 PM

I wonder if someone still should get into trading Bitcoin at this point? There was a time with incredible aggresive swings so that daytrading was interesting, but now the movements appear but much slower. Is it still worth it to trade?

Still should get? In the first place, why it has not to be done? We will disregard those slow movement in price since it's not totally slow since the beginning. Also as time passes by, there are added people in the circulation. Bitcoin is not meant for day trades like the usual behaviour of it in the past.

For much accurate result, why try if yourselves and began risking some money with the current price rate. Or if you don't want to try it, check the weekly average of bitcoin price and you will see what I mean.

pooya87

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Quote from: Frost on February 01, 2017, 01:16:27 PM

I wonder if someone still should get into trading Bitcoin at this point? There was a time with incredible aggresive swings so that daytrading was interesting, but now the movements appear but much slower. Is it still worth it to trade?

for you i am guessing no. because from what you are saying it seems like you don't know the first thing about trading and have never done it before.
if you look at price of Gold, USD vs other fiats, and other examples you can see that all those prices are changing a little and looking at the trade volume you can see how many are trading those and making profit.

iram3130

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Bitcoin will always have its own place in the market of trading. There is no need of high fluctuations for good traders. Many people think that Bitcoin is for long term trading now, but it's not true yet. If you are a newbie then better start with some altcoin and then move on to Bitcoin trading.

dearbesz1219

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Quote from: Frost on February 01, 2017, 01:16:27 PM

I wonder if someone still should get into trading Bitcoin at this point? There was a time with incredible aggresive swings so that daytrading was interesting, but now the movements appear but much slower. Is it still worth it to trade?

That's very normal, you don't have to worry if ever you experience that things. Its the heart of trading actually, for sure all traders faced it that too before even up to now. However, if the movements appear but much slower, that's the time I think you need to look for the other coin/token which you think is movable then do the trade again.

GreenBits

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Quote from: Frost on February 01, 2017, 01:16:27 PM

I wonder if someone still should get into trading Bitcoin at this point? There was a time with incredible aggresive swings so that daytrading was interesting, but now the movements appear but much slower. Is it still worth it to trade?

For me it worth to trade even market movement slow.Trading is required your patient and strategy to grow your investment in trading.And I think this is the right time to buy some tokens in trading.

Wind_FURY

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There is full of empty replies in this thread. It all depends on how good you are in trading. I know that most of the people here that said yes are mostly losing traders and are not part of the top 10% of winning traders. So who are you to say that it is worth it?

Talking about volatility, when it is low it is the best time to buy because the prices are more stable. If you are a day trader and prefer more volatility then adapt with what the market is doing. Day trading is less profitable in the current condition of the market.

Immakillya

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Yes, ofcourse trading is worth of your time. Its a high risk but you can have high profits from it. If you see bitcoin now. The price rose huge amount in just a couple of days. If you are holding some bitcoin. You should wait more days because it could pump again soon. If your not holding bitcoin. I suggest altcoin trading is good for you. Its not a good idea to buy btc right now. Altcoins are affordable. I prefer short trading on alt trading because its too risky because some alt are dumping so easy and never pump again.

noel2123

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Quote from: Kimpoiluiseta on February 01, 2017, 08:38:47 PM

you see in yesterday market is swing with high GAP
bitcoin price incraese until reach over 960 dollar, or this mean incraese 50 dollar
trading still the best grow youre bitcoin if another investment platform bitcoin, cloud mining, hyip, ponzy site or more

Just like other saying, we all know what kind of bitcoins to be trade. Bitcoin value is so volatile, we should know what will be the highest peak on it, then it is worth to trade on. All of us wants bitcoin value on its highest peak. We should invest on those altcoins that are having high value.

Kimpoiluiseta

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you see in yesterday market is swing with high GAP
bitcoin price incraese until reach over 960 dollar, or this mean incraese 50 dollar
trading still the best grow youre bitcoin if another investment platform bitcoin, cloud mining, hyip, ponzy site or more

1Referee

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Quote from: Frost on February 01, 2017, 01:16:27 PM

I wonder if someone still should get into trading Bitcoin at this point? There was a time with incredible aggresive swings so that daytrading was interesting, but now the movements appear but much slower. Is it still worth it to trade?

Bitcoin is maturing, so in that regard, the further we are, the lower the intensity of the price swings will be, and the lower their frequency of showing up is. Especially now the PBOC has put a stop to margin trading in China. But to come back to your question, yes, it's still worth to trade. I never force myself to constantly do daytrading as it's just a waste of time in days with no volume and volatility at all. That's why I keep waiting patiently for heavy dumps that trigger massive amounts of panic in the market. That's when I start to wake up. Now with Chinese exchanges being subject to fee based trading, the volatility will most likely slowly diminish even further. But still, trading will always be a major point of Bitcoin. People should only lower their level of profit expectations due to lower volatility.

Snorek

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Everything is worth doing when you do it right. Trading is something that will never change, old and trivial rule still stands - buy cheap, sell high.
The problem with trading cryptocurrency is that you can spend whole life learning how to do this and you still can lose money due to unexpected events.

JeffBrad12

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Quote from: Frost on February 01, 2017, 01:16:27 PM

I wonder if someone still should get into trading Bitcoin at this point? There was a time with incredible aggresive swings so that daytrading was interesting, but now the movements appear but much slower. Is it still worth it to trade?

Yes it is, at least if this time is the right decision to buy bitcoin. Just wait until tomorrow will come, $1000 will have passed. Trade is always worth with your effort and time.

BitDane

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Quote from: angaper on February 01, 2017, 04:16:17 PM

Unless you have the possibility of trading with leverage or with huge amounts of bitcoins, I don't think it is an easy task to get good profits from bitcoin trading. I have personally preferred to stop it and turn to other altcoins, otherwise it would be almost impossible for me to get significant profits from trading.

I agree, it is more profitable to trade altcoins-Bitcoin pair. I have seen people earning 10x to 100x of their holdings with altcoin.

I think it is still worth to trade bitcoin today, Bitcoin have many trading pairs not only USD or other popular money, Bitcoin can also be traded with thousand of altcoin in the market. If it does not do well ing fiat pairs, why not try the altcoin pair.

angaper

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Unless you have the possibility of trading with leverage or with huge amounts of bitcoins, I don't think it is an easy task to get good profits from bitcoin trading. I have personally preferred to stop it and turn to other altcoins, otherwise it would be almost impossible for me to get significant profits from trading.

ikydesu

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The stability is even more fluctuate than fiat if comparing. In this situation of price movement I think it's the best to trade in my view, also the chance to lose is decreased because the fluctuate is not like usual bitcoin be.
You can use scalping strategy in this situation.

squatz1

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I'd say it is still worth it to trade but if you're going to you must be doing it on an exchange with a low amount of fees if you want to be trading on the daily (daytrader)

If you're unable to do ID verification and all that to be able to be a day trader I honestly don't think it's worth it at all. I like to trade on GDAX through coinbase but I've seen Kraken get some pretty good reviews so you should check them out if you want to get into trading.

Apriand

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I think bitcoin will always worth to trade. I remember when bitcoin price about $300 - $400 and always rising until now, yes i know there is some dump from $1k+ to around $900 but thats normal and if we looking into general price actually rising up. From that experience i still believe bitcoin will much higher next time.

carlerha

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Quote from: BitFinnese on February 01, 2017, 01:43:07 PM

Quote from: Frost on February 01, 2017, 01:16:27 PM

I wonder if someone still should get into trading Bitcoin at this point? There was a time with incredible aggresive swings so that daytrading was interesting, but now the movements appear but much slower. Is it still worth it to trade?

I think Bitcoin is always worth to trade, no matter if it is Idle or have crazy swings market is unpredictable. I think day traders still have some profit even if the price swings is not that huge, they are still fluctuating meaning market is still alive especially this recent 2 days. We have seen an upward trend now after breaking $950 yesterday, those who bought at this price have already gained $20+ today.

yes there is no doubt that bitcoin can be trade at any time. currently the price of bitcoin is trading about 950 $, but still it is expected that bitcoin will continue to grow and very soon going to cross all time high level very soon. therefore it is still best time to trade bitcoin.

BitFinnese

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Quote from: Frost on February 01, 2017, 01:16:27 PM

I wonder if someone still should get into trading Bitcoin at this point? There was a time with incredible aggresive swings so that daytrading was interesting, but now the movements appear but much slower. Is it still worth it to trade?

I think Bitcoin is always worth to trade, no matter if it is Idle or have crazy swings market is unpredictable. I think day traders still have some profit even if the price swings is not that huge, they are still fluctuating meaning market is still alive especially this recent 2 days. We have seen an upward trend now after breaking $950 yesterday, those who bought at this price have already gained $20+ today.

Topic: Is it still worth it to trade? - page 17. (Read 18252 times)