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Topic: It’s very easy to trade Bitcoin (Read 25986 times)

member
Activity: 84
Merit: 10
February 05, 2020, 12:20:37 AM
You are lucky before because when the time you posted this bitcoin price increase futher and unstoppable.  
Now try your strategy and you will know what the true trade and how it's hard to predict the  market now.
Bitcoin now is more volitile and price of bitcoins rapidly change time to time and not only in small but in huge prices

BUY at the market NOW:

BTC: 9200 - SL:7900 - TP=r/r: 1:1-1:3-1:5
ETH: 189 - SL: 139 - TP=r/r: 1:1-1:3-1:5
LTC: 68.5 - SL:46.5 - TP=r/r: 1:1-1:3-1:5



Happy trading!
sr. member
Activity: 742
Merit: 397
January 19, 2020, 02:29:03 AM
It is easy to trade bitcoin if you have a lot of connection to the whales because that is how are you going to win in trading. The movement of bitcoin is very unpredictable for an ordinary trader because anything can happen in the market since it is not a regulated market and there is a lot of manipulators and big players in the market so if we will be realistic here, it is not easy to trade bitcoin.
sr. member
Activity: 1071
Merit: 253
January 18, 2020, 11:00:44 AM
To me it's safer to HODL bitcoin and trade other cryptocurrencies. I'm sure all the beginners prefer this strategy Grin

I agree with you that trade is safe but I think you should know about the trade before trading. If you know to trade, then not just Bitcoin trading everywhere will seem much easier.
You are right trading is not an easy task but it needs allot of knowledge and skills if you are not aware of trading skills you may suffer lose so its much better first make research about bitcoin and then about trading so you will gain huge profit. Bitcoin change the price any time so keep eyes on market and for trading with bitcoin its much better to choose long term trading.
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
January 18, 2020, 09:26:12 AM

To those who say that its very easy for trade Bitcoin needs to be out of his mind even if you're using a bot to trade for you, there are occasions when bots can't figure out whether it should position a purchase order or sale order due to the current market conditions. OP is simply promoting a Bitcoin trading programme or bot that helped him earn. I'd rather use a bot to deal manually than to sell. The only advantage I see when using a bot is that bots don't have emotions and it will only place an order once the owner places it in the settings.

Of course, you are right in this regard and your remark should be taken into account by an attentive trader, but since most newcomers understand only that you need to buy cryptocurrency at a cheaper price and sell it at a higher price, you will not get great results from such activities, since in the first place  you need to find and choose a suitable asset, and without a thorough analysis of the market, this is impossible to achieve.  And since beginners have minimal knowledge, then you can’t do without a trading bot.  Of course, this program still needs to be configured correctly, b
thats why i believe that Daytrading is not for all of us,because this needs skills,knowledge and experience before getting any good return.
not like Long term holding in which can be profitable in year or two right?but of course many people still believes that buying Cheap and selling high is the best option but the truth is only few learn which is in cheaper price and will grow the next day.
full member
Activity: 1204
Merit: 104
January 18, 2020, 08:55:49 AM
To those who say that its very easy for trade Bitcoin needs to be out of his mind even if you're using a bot to trade for you, there are occasions when bots can't figure out whether it should position a purchase order or sale order due to the current market conditions. OP is simply promoting a Bitcoin trading programme or bot that helped him earn. I'd rather use a bot to deal manually than to sell. The only advantage I see when using a bot is that bots don't have emotions and it will only place an order once the owner places it in the settings.

Of course, you are right in this regard and your remark should be taken into account by an attentive trader, but since most newcomers understand only that you need to buy cryptocurrency at a cheaper price and sell it at a higher price, you will not get great results from such activities, since in the first place  you need to find and choose a suitable asset, and without a thorough analysis of the market, this is impossible to achieve.  And since beginners have minimal knowledge, then you can’t do without a trading bot.  Of course, this program still needs to be configured correctly, but for this you need to study and study again.
sr. member
Activity: 1204
Merit: 270
Hire Bitcointalk Camp. Manager @ r7promotions.com
January 17, 2020, 08:43:51 AM
To me it's safer to HODL bitcoin and trade other cryptocurrencies. I'm sure all the beginners prefer this strategy Grin

I agree with you that trade is safe but I think you should know about the trade before trading. If you know to trade, then not just Bitcoin trading everywhere will seem much easier.
jr. member
Activity: 175
Merit: 1
January 17, 2020, 08:27:02 AM
Well, trading is not easy and it never will be. But if you want to become a good trader, keep gaining knowledge and learn from your mistakes. I also need to add that it's good to choose the right exchange, this one which is great for beginners. I recommend for example CoinDeal which is super intuitive and moreover - it's got a feature called the Galaxy Score. It could help you to decide when is the right time to buy or sell and which coin. Could be helpful from time to time.
full member
Activity: 1316
Merit: 126
January 12, 2020, 12:35:52 PM
It is easy to trade in bitcoin if you already know how to do it and you have fully understood bitcoin. Bitcoin can be very unpredictable that is why trading can be tough at times but if you are smart enough to make decisions then it will be fine.
full member
Activity: 798
Merit: 104
🎄 Allah is The Best Planner 🥀
January 12, 2020, 11:55:05 AM
At first, the Bitcoin trade could seem straightforward but actually it's different and far harder it'll be most risky for newcomers as they're going to invest with little experience So most of the losses are due to their own mistakes.
hero member
Activity: 2100
Merit: 546
Leading Crypto Sports Betting & Casino Platform
January 12, 2020, 11:40:13 AM
You could also trade with buy lower than rate and sell at higher than rate, although there may be some losses if you don’t anticipate sudden downward spirals but you should be good with that strategy.

Make the money work for you, not the other way around
Yes .It seems that trading with bitcoins is an easy task. But this is not the way. Most of the time a person thinks that he would be able to make profits while selling their coins at higher rates but a few days later he realizes it was not the right time to sell away his assets. That is why trading is something that must be done with patience.
People definitely do trading with bitcoin as well but that is a long term trading. As far as selling bitcoin is concerned, I personally suggest selling few chunks when you feel some decent rise in the prices and if the prices keep increasing, withdraw more profits. With little increase in value, there is no need of selling off all your assets. For making small profits in short time, go for altcoins not bitcoin.
sr. member
Activity: 798
Merit: 253
January 11, 2020, 10:45:38 AM
You could also trade with buy lower than rate and sell at higher than rate, although there may be some losses if you don’t anticipate sudden downward spirals but you should be good with that strategy.

Make the money work for you, not the other way around
Yes .It seems that trading with bitcoins is an easy task. But this is not the way. Most of the time a person thinks that he would be able to make profits while selling their coins at higher rates but a few days later he realizes it was not the right time to sell away his assets. That is why trading is something that must be done with patience.
sr. member
Activity: 812
Merit: 260
January 10, 2020, 11:54:15 AM

Yes, trading with bitcoin needs only awareness about the market change and if you know about the changes of the market you are good trader but not only about bitcoin but for all coin trading needs knowledge and skills. Trading always remains risky so we can not say it can be easy with bitcoin, trade but only when you are well aware of market ups and downs for buying and trading.


Keeping yourself updated always, by reading news, checking crypto updates in some reliable crypto news sites and also sharing thoughts from communities really help a lot. Trading also needs some time for you to check if right time to buy and sell of course by having some technical analysis, checking price action and chart reading, so it will be up to you how you will devote your time.
sr. member
Activity: 1236
Merit: 252
January 10, 2020, 11:26:44 AM
It just a luck but not all times luck will save you in the market challenges. Trading bitcoin is not easy even though professional traders are losing because loss are inevitable. I often to trade bitcoin but my win rate is high, I lose small and I win big. I manage to make profit in bitcoin trading because I often to read books and journals that can help me to become a better and successful trader.
actually trade bitcoin, if you have patience, will not end in loss, because if you look at the price of bitcoin, in the end, it always increases. but of course, it takes a long time to recover. In the last 3 months, I have also been quite good in trade bitcoin, every drop below 7000 always fast recovers above 7000. but it does look easy, rather than altcoin trading which is more difficult and risky because it depends on bitcoin flows.

That's because you bought during a time when the price wasn't just tanking or at an all time high like any smart man would do. The problem is, a lot of people get in right at the all time high and then expect it to keep going up. If you had gotten in when Bitcoin was almost $20,000, then you would still be waiting on a good time to cashout. My favorite times to trade are when the coin is slowly going up over a few months with dips in between like all of last year was. There's a lot of chances to make some money and you can't really screw it up.

thats right, before entering the market they should look at the situation first, don't fomo, let alone buy when prices are rising high aka buying at the peak. if you want to play fast, of course not a problem, but when it suddenly falls you have to be ready to sell it on a note of losing just a few percents and it's natural.
Yes, trading with bitcoin needs only awareness about the market change and if you know about the changes of the market you are good trader but not only about bitcoin but for all coin trading needs knowledge and skills. Trading always remains risky so we can not say it can be easy with bitcoin, trade but only when you are well aware of market ups and downs for buying and trading.
legendary
Activity: 3234
Merit: 1214
Vave.com - Crypto Casino
January 10, 2020, 02:46:42 AM
When one is getting into trade for the very first time it'll be little confusing, then onwards after executing few trades finds it easier. The trade can be of cell orders or buy orders. When we talk of trading bitcoin, there is no complication. This is due to its increased trading volume with any of the exchanges. The same can't be expected with other cryptocurrencies trading.
hero member
Activity: 1273
Merit: 507
January 10, 2020, 02:01:16 AM
Hi all,

The Blockchain is the world's leading trading system. It’s a global online database, no need to download, no need to copy and sending anywhere. It can use at any computer in the world with an internet connection.

The Blockchain trading system can trade any instrument, any market and at any platform. It’s a low drawdown and steady profit trading system.

I have 1 closed trade + $954 and 2 open trades now without any risk but +2.7k (2.7%) floating profit.

I am waiting for adding more trade now if it doesn’t hit SL.

Am I lucky or it’s very easy to trade Bitcoin with the Blockchain system?
You are lucky before because when the time you posted this bitcoin price increase futher and unstoppable.  
Now try your strategy and you will know what the true trade and how it's hard to predict the  market now.
Bitcoin now is more volitile and price of bitcoins rapidly change time to time and not only in small but in huge prices
sr. member
Activity: 952
Merit: 274
January 10, 2020, 01:56:15 AM
Buying and selling on bitcoin always gives us a very easy feeling but we have never optimized it because what we're feeling is simple, it's really complicated when bitcoin is so volatile as you say, Bitcoin does not just increase or decrease within a few dollars, it goes up and down in the few thousand dollars in minutes, that's why so many people have lost so much money for bitcoin, this simplicity has become a deadly trap. If talking about the ease and can make a profit in safety, I feel that altcoin is still easier


Just buy low, sell high. The concept itself is actually really simple. It's the implementations of that concept that are difficult. At the end of the day, if you just buy low and sell high, you will have successfully made a trade. The issue that most people run in to is the long periods of time where the price is in a slump or not moving at all. Most people tend to just give up on it and sell off at a loss when in actuality, if they just held out, they would have made some profit. Patience and not buying in during highs is key.
The concept of buying low and selling high is easy to understand, in the reality that kind of strategy is hard to execute. Those new people in the market cannot know if the price is already at low or at the peak. Newbies are required to study the basics because it is the foundation of all knowledge. Support and resistance are the most important in trading.
legendary
Activity: 1568
Merit: 1041
1GhxHtabWhEpdb7e7oEJ2vd542n33BwTHR
January 10, 2020, 01:02:00 AM
Buying and selling on bitcoin always gives us a very easy feeling but we have never optimized it because what we're feeling is simple, it's really complicated when bitcoin is so volatile as you say, Bitcoin does not just increase or decrease within a few dollars, it goes up and down in the few thousand dollars in minutes, that's why so many people have lost so much money for bitcoin, this simplicity has become a deadly trap. If talking about the ease and can make a profit in safety, I feel that altcoin is still easier


Just buy low, sell high. The concept itself is actually really simple. It's the implementations of that concept that are difficult. At the end of the day, if you just buy low and sell high, you will have successfully made a trade. The issue that most people run in to is the long periods of time where the price is in a slump or not moving at all. Most people tend to just give up on it and sell off at a loss when in actuality, if they just held out, they would have made some profit. Patience and not buying in during highs is key.
sr. member
Activity: 700
Merit: 257
January 09, 2020, 11:02:51 AM

Buying and selling on bitcoin always gives us a very easy feeling but we have never optimized it because what we're feeling is simple, it's really complicated when bitcoin is so volatile as you say, Bitcoin does not just increase or decrease within a few dollars, it goes up and down in the few thousand dollars in minutes, that's why so many people have lost so much money for bitcoin, this simplicity has become a deadly trap. If talking about the ease and can make a profit in safety, I feel that altcoin is still easier


Patience is always needed, yes it is, but we must be smart enough in making decisions, if you think that  you already did your part by doing research, by reading charts and technical analysis indicating that it is time to sell then you must follow what's on your mind not keep telling yourself that you need to be patient, because no one knows when the price will be recover.
hero member
Activity: 1526
Merit: 501
DGbet.fun - Crypto Sportsbook
January 09, 2020, 09:31:26 AM
It just a luck but not all times luck will save you in the market challenges. Trading bitcoin is not easy even though professional traders are losing because loss are inevitable. I often to trade bitcoin but my win rate is high, I lose small and I win big. I manage to make profit in bitcoin trading because I often to read books and journals that can help me to become a better and successful trader.
actually trade bitcoin, if you have patience, will not end in loss, because if you look at the price of bitcoin, in the end, it always increases. but of course, it takes a long time to recover. In the last 3 months, I have also been quite good in trade bitcoin, every drop below 7000 always fast recovers above 7000. but it does look easy, rather than altcoin trading which is more difficult and risky because it depends on bitcoin flows.
Patience is always in the key in this kind of market. Bitcoin is volatile, however, it takes some time to make a move. It is really easy to trade Bitcoin the only thing makes it hard to deal with is just because of our emotion. We tend to get to used FOMO especially the newbies but as you get used to it or when you have enough experience I am pretty sure you can handle it well. If you know the basics already I guess that would be enough to survive in this market.
Buying and selling on bitcoin always gives us a very easy feeling but we have never optimized it because what we're feeling is simple, it's really complicated when bitcoin is so volatile as you say, Bitcoin does not just increase or decrease within a few dollars, it goes up and down in the few thousand dollars in minutes, that's why so many people have lost so much money for bitcoin, this simplicity has become a deadly trap. If talking about the ease and can make a profit in safety, I feel that altcoin is still easier
full member
Activity: 840
Merit: 105
★Bitvest.io★ Play Plinko or Invest!
January 09, 2020, 08:53:50 AM
It always is easy but to make profit is what obvious thing is and that’s where we need to look at carefully. I do trading in Cryptos through FreshForex broker, as there is a lot more comfort instead of going for exchanges, which to me is way too complicated for comfort.

I don't know why some people often think that trading was a piece of cake. The idea is indeed simple. Yes you're right, making profit is difficult. But it doesn't seem that you are really trading, as you said you are comfortable with your broker than exchanges. That wasn't the trading per se. It's obvious you aren't getting enough profit because trading requires further studying and analyzing of various markets and its system.

Furthermore, Bitcoin was indeed an easy trade as it fluctuates high in every minute. hence, trading in it is fun.
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