Topic: Is over trading a good idea? - page 3. (Read 406 times)
I think that trade is a very good idea, if it is well understood and successfully invested in a promising coin.
Is over trading a good idea? If not, why do you think it isn't? What are the pros and cons in over trading? Is it advisable u buy or sell your coin everytime you saw a slightly movement in the value of bitcoins?
It is a good idea but it is good for those who know how to control the emotions as well as always finding out about all the Altcoin they will invest. If you do not learn it before investing you can lose capital because of making the wrong decision.
For me overtrading is not a good and profitable idea. The market is very volatile and it fluctuates every now and then. it is much better if you do long term trading. You can assure your profit in long term trading if you will buy a good coin at a very cheap price. If you will do trading just because you saw a slight movement in the market, for sure you'll get losses from it because there are whales or group of people that makes the coin pump just to create hype about it.
Is over trading a good idea? If not, why do you think it isn't? What are the pros and cons in over trading? Is it advisable u buy or sell your coin everytime you saw a slightly movement in the value of bitcoins?
Overtrading is about increasing the offer demand so much that one would not even manage to show the offer to cover it. I thought overtrading was in general a thing to avoid, since in this state you are supposed to earn profit but you're actually losing your capital. I don't think it's really possible in the world of cryptocurrencies though, maybe only with those which have very low marketcap and trading volume. I still don't understand why would anyone do that and how it is related to selling and buying coins when the price change is not significant.
I don't think over traiding is a good idea, buying and selling coins when there is a slightly movement on price will not give you high profit instead you will just waste your time so you better buy coins then hold for a while and wait until the price get high.
You literally asked if doing too much of something is a bad thing. Well of course it is, anything can be bad if you do too much of it. Apples can be bad if you eat 20 a day but apples aren't bad by themselves. Over trading=bad but trading by itself=okay.
Altcoin trading is good way to make huge money because fluktuasion of cryptocurrency is high. We should understand about trading if jump in to crypto to get better.price when good time to buy and sell, and if just begginer in crypto space just doing long term trading, this is more easy to gain profit, just buy now and sell it in few week/amonth.
Is over trading a good idea? If not, why do you think it isn't? What are the pros and cons in over trading? Is it advisable u buy or sell your coin everytime you saw a slightly movement in the value of bitcoins?
I do not think you should make purchases and sales in a little movement. but it does not also make you lose in this case. if you have a large capital, I think this way is very effective in doing the exchange. but if you have a lot of capital I do not think I have to wait for the new highest price to exchange. 
Is over trading a good idea? If not, why do you think it isn't? What are the pros and cons in over trading?
by definition, over-trading is a bad idea. it means you are hyper-focusing on short time frames and getting shaken out of good positions. it means you are selling your winners too early.
there are not pros. the cons: you lose good positions, you get frustrated and lose money selling into bear traps, you sweat small movements on low time frames when you could be spending that time more productively.
Is it advisable u buy or sell your coin everytime you saw a slightly movement in the value of bitcoins?
absolutely not. the best way to survive and profit from this market is position trading. both mainstream investors and hedge funds have arrived (yes, including altcoins). that means buying dips from panic traders (perhaps like yourself
) and holding through drawdowns. the trend is your friend.
depending on the same intentions, if buy bitcoin just for invest do not need to rush to sell the coin, and if buy coin make in tradingkan coin movement little by little must be on sale and then bought again, up and down until a few laps already already pretty good results.
You said slight difference... If you buy a goods as a trader at $50, will you sell it at $51 or $52? It is a profit gotten, but it is not able to be used for purchasing anything yet, same thing here in trading. Bitcoin price drops, you don't need to sell your coins, except you want to buy some fractions of bitcoin, but if you are not buying, then you hold, cause the price always goes up.
Is over trading a good idea? If not, why do you think it isn't? What are the pros and cons in over trading? Is it advisable u buy or sell your coin everytime you saw a slightly movement in the value of bitcoins?
Overtrading depends on what style or type of trader you are, if you are a day trader then overtrading is a nice thing to do and you must continue it because overtrading will make you busy during the market time and it will give you tons of opportunities which will give you income for your daily bread and butter. But if overtrading is to be done by investor or swing trader then i would suggest that it's waste of time and it includes heavy workload also, because here the trader is having high chances of being emotional and then he will trade the coins without any plan and will end up losing. Mostly long term trader avoids overtrading and day traders love to practice it.
Is over trading a good idea? If not, why do you think it isn't? What are the pros and cons in over trading? Is it advisable u buy or sell your coin everytime you saw a slightly movement in the value of bitcoins?
If price increases your over trading will not affect you at all but when the time bitcoin or any concern coin dumping on the marketplace you will not get the profit as well as you will loose the fund continuously by changing the coins to another.
So moniter the price growth and investing on the profitable coins will be best idea all the time.
I noticed today again BTC started bumping hold this or buy the bitcoins with your overvalued or recent bumped alts.
Define 'slight movement'. 1%? 2%?
Trading manually? I don't think it is worth it. To many HFT bots out there that will outdo you.
Swing trading on the other hand is quite profitable if you have the experience.
But in the end it all comes down to risk reward.
Trading manually? I don't think it is worth it. To many HFT bots out there that will outdo you.
Swing trading on the other hand is quite profitable if you have the experience.
But in the end it all comes down to risk reward.
Is over trading a good idea? If not, why do you think it isn't? What are the pros and cons in over trading? Is it advisable u buy or sell your coin everytime you saw a slightly movement in the value of bitcoins?
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