Topic: More traders.... Good or not? - page 2. (Read 1829 times)
I think it is not good because it can affect the price of coins that we trakai hard to ride the price if many are tranding
I think the digital money market is a very new market, only 7% of the world's population knows it. It can be said that the pre-codec market is extremely large and potential. Makes perfect sense, just a simple law of supply and demand. But in this case with regards to trading, supplies wont have any scarcity or a glimpse of depreciation
Actualyl it's really kind of new because people barely know about it in couple years ago. The huge fluctuation is the most attractive things in this market because you'll see how much money you could earn from it , it's the way much more better than the traditional way like forex or stocks or even golds.
I think the digital money market is a very new market, only 7% of the world's population knows it. It can be said that the pre-codec market is extremely large and potential. Makes perfect sense, just a simple law of supply and demand. But in this case with regards to trading, supplies wont have any scarcity or a glimpse of depreciation
More traders is really good because it will increase the demand for bitcoin therefore increasing the price as well. But it might also cause problem because if the population of traders increases, the number of transactions will increase as well therefore causing traffic in the blockchain. If they have a lot of new traders they have possibility the price of the cryptocoin will increase because mang buyers will buy because we can't trade if they did not invest their money to crypto currency
Now many people are entering this crypto trading world because it is much better to compare stock trading. and people don't have much knowledge on cryptocurrency they also investing because of high fluctuation in price. So if the traders increase they will create more demand in the market. Volatility is an advantage and disadvantage because there is so many opportunities when there is volatility but when you don't know how to manage your emotions then you will be rekt chasing the price when it is going up and panic sell when it is going down
if they invest in just heard projects and invest indiscriminately - then probably not much use. and if in interesting projects and with the mind - then, perhaps, there is a benefit.
Indeed, many new traders coming in means good news in cryptocurrency as the trading will be more active and exchange, but it has also a counterpart which is exactly that the competition in day traders will be tight as if many are looking and watching for good tokens, in terms of buying low price tokens. As the competition rises, this is where most of the good traders will stand out, that I think is a good thing because it will enhance our ability and capability individually.
it would be much more better if there are lots of traders since if there would no people or less people would trade then it would really be less activity on trading. We do know that trading market does compose of sellers and buyers the more the merrier.
I think that any problem will have two sides is good and bad, that means more traders, good side will be as you say, more activities, more capital poured in, the opportunity to make a profit is also greater, the market will be very exciting. However, we should know that if the market has too many traders, especially traders who own a large amount of bitcoin, wars will happen when each trader has a different opinion and wants to manipulate prices in the market, prices will fluctuate in many different directions, medium and small traders will be very difficult to survive in this situation
If you have enough practice and experience in trading, you should not be bothered by competition. But it is important to always remember one rule. When someone makes a profit, someone has a loss.But it's very difficult to compete with artificial intelligence. It is important use all available tools to generate income.
good,more money in 
I’ve been wanting and taking my time to enter the trade game. But before I do, just wanting to know the prod and cons of having a lot of new traders coming in.
Trading is much more safer and easy to learn. I’ve been preparing myself for months now and wanted to start my journey here in bitcointalk. But like me? New Traders are comming in fast. Will it be a good sign to our world of crypocurrency? Or will it affect the competition inside?
Trading is much more safer and easy to learn. I’ve been preparing myself for months now and wanted to start my journey here in bitcointalk. But like me? New Traders are comming in fast. Will it be a good sign to our world of crypocurrency? Or will it affect the competition inside?
In any aspects of business or investments, it always involves risks that we cannot avoid to happen. So we all need to do is read news or watch in youtube about the basic information that we need to learn and ask the experts so that can have ideas on how to trade effectively. For me, the basic is still buy low and sell high, just stick to that.
I think that all of us wanna make more money , so mostly everyone try atleast once to trade on market. People who lose their money probably stop it after that, because trading is not for everyone. The good this about more traders are that market will rise, because of fresh money getting in market.
Every man like that a good traders.i think bitcoin industry is the best coz many people joining this industry and more people invest in this industry. it's demand for the market will be highe.so bitcoin is a lot of room for development in this industry, and this is a Very good industry.
I think is good. Because many traders will make the cryptocurrency market more and more heated, growing and developing. The price of coin in the market will rise and help investors get more profit in the future.
I tell you trading is a non-zero sum game which means if someone won and other people other must losses. That is just the way how its work, and if there are many traders participating in the cryptocurrencies then the competition will be tight. It only matters how good they are about the technical analysis.
Each is principally responsible for the trade in it. We can not attribute errors to others because we are in complete control of our trade. So, I would say more and more traders are getting better especially when the market is down
I think that there are more people joining this industry. It is a very good thing. This will promote the development of the bitcoin industry. More people will invest in this industry, indicating that there is a lot of room for development in this industry, and this is a Very good industry.
I think this is a good thing because with the emergence of more traders, their demand for the market will be higher. As traders demand the market, the market price will increase.
This is a question that I think anyone who thinks like me is good. If more people invest, the capitalization of the market will increase. And so my pennies would be increased to get me profitable.
Traders have a major role to play in trading, they also affect the movement and flow of the market. Having more traders in the market, is actually a good thing. The ideal thing, is for you to learn how to become a successful trader.
Becoming a trader is only ideal if you have the time to do so, but there are so many people in the forum that have other stuff to do that they cannot dedicate every single minute of their lives to cryptocurrencies, for those people fortunately it exists a very easy strategy that is very effective and that can bring them huge profits and that is to hold their coins for the long term.Yes,its our own style and strategies when becoming a trader we are the one who can decide what the most efficient .Once a trader always bring positive thinking so that we will never ruined our strategies in how to become a successor in terms of trading. I think theres no limitation when becoming a trader as what you've said its our own capacity and idea.
Traders have a major role to play in trading, they also affect the movement and flow of the market. Having more traders in the market, is actually a good thing. The ideal thing, is for you to learn how to become a successful trader.
Becoming a trader is only ideal if you have the time to do so, but there are so many people in the forum that have other stuff to do that they cannot dedicate every single minute of their lives to cryptocurrencies, for those people fortunately it exists a very easy strategy that is very effective and that can bring them huge profits and that is to hold their coins for the long term.Yes,its our own style and strategies when becoming a trader we are the one who can decide what the most efficient .Once a trader always bring positive thinking so that we will never ruined our strategies in how to become a successor in terms of trading. I think theres no limitation when becoming a trader as what you've said its our own capacity and idea.
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