Good idea to start investments into trading industry
because we are all familiar that trading business is a daily basis, so meaning you can earn a good amount of income or profit in daily.
Topic: So I want to get into trading. - page 7. (Read 9642 times)
Wow, this was posted june last year and we could see from this day that if the op bought some bitcoins that time he would probably gain thousands of profit. Since the bitcoin is at the lower price these days, it should be the best time to buy and keep holding.
if you want to enter the trade do not now, now the price of coins decreases, if you want to practice trading, choose the price of coins that are declining, do not choose a coin that is declining in price.
to be able to do trading is very easy, you just need to find capital that you can have to be able to buy whatever coins you want and make sure you buy coins that have very good price movements.
It is good to start trading but without knowing technical analysis of the market, trading is not simple until you start trading. I find it very difficult in my beginning to start my career in trading. Without proper knowledge and analysing it is impossible to trade the altcoins.
ETH just going down to low price $250 and can be this level price become bottomed. Buy altcoins now is less risk because many altcoin going down to more than 80% and has chance to going up more. But everybody can not predict the situation of crypto, so you have to make risk management first to minimize every risk when buy any crypto.
Now everybody predicts that bitcoin can move up in the next couple of weeks or months. It is true that really bitcoin move up but very slowly. At least if it goes first same as it goes down then we can predict that bitcoin can recover it high price record. Since it’s moving very slowly so it can down again. So better if you invest little and watch the market closely.
Bitcoin price will always recover because people are always investing when the market price is dumping, most of them are the big whales so we can expect higher prices if there will be more countries that will be legalized on cryptocurrency in the future.
Obviously, I need BTC to get in but it seems like everything is high right now. Should I wait till BTC is < 2k? Or ETH < 200? I'd like to get in and start trading alt coins. But for me to maximize my profits in USD I need to wait till BTC is at a reasonable cost. Or do you guys see it climbing to 3k in the next couple of months?
You can get on now, when Bitcoin is currency at $6000 or wait a little bit for it drop below $6000, cause it's gradually getting to that low. Then Cash out when Bitcoin price rises up to almost $8000. I feel this would pay better if you keep on this practice subsequently, because the trend since Bitcoin started dropping from $20000 was to drop a little and move up a little. Therefore, Long Term Holding could not be a more profitable strategy compared to the one explained earlier. Fortunately, if you play your cards well, you will be on track when the price will be experiencing then next anticipated boom.
Now everybody predicts that bitcoin can move up in the next couple of weeks or months. It is true that really bitcoin move up but very slowly. At least if it goes first same as it goes down then we can predict that bitcoin can recover it high price record. Since it’s moving very slowly so it can down again. So better if you invest little and watch the market closely.
At the same time, it is a good opportunity for me to venture into trading because bitcoin is raising today in the wake of its ups and downs.
I do not think that it is the best time for new traders to start trading in the senses that there is a lot of fluctuation in bitcoin price because of some uncertainty in the market. I think that it will be good for the new traders who will start trading at that time. Of course, different market requires different approach, now that the market is dumping then we should keep buying and wait until it rises again.
This trend has been happening even before so why worry.
This is a pretty good time to enter or buy bitcoin. Currently trending at 6k mark and Bitcoin price is as low as i will even get a scoop of it. Since you are afraid, here is my advice. Why not divide your money in three places and use one of it to acquire BTC. Then look at the market to understand what is really happening. Your observation will tell you when to use the remaining fund or not. Based on the market face. If it dips further buy with the second part of the money. It is safer that way.
At the same time, it is a good opportunity for me to venture into trading because bitcoin is raising today in the wake of its ups and downs.
I do not think that it is the best time for new traders to start trading in the senses that there is a lot of fluctuation in bitcoin price because of some uncertainty in the market. I think that it will be good for the new traders who will start trading at that time.
Doing the right thing and the heart is just like, do not hesitate because the market today the price of coins is very low, they may increase in the future, the opportunity for us to buy now.
actually, it is easy to start trading. you need to pick one market to join, register, filled the document if you want to get verified and deposit some of bitcoin or less then you can start to buy any coins. it is just a buy and sell activity but there are more than that if you want to make a big profit. it will need a passion to learn more about trading so you can survive in any conditions and still make the profit.
At first you put only small amount of money when you get into trading but you must be careful that trading is very risky at all time when you have not enough knowledge to do, but sometimes take the risk that is the way to your success.
to start trading, it is better to use a small amount of money first, like what I did in the past. I am using small money when I began trading and at that time, I am very happy when I can make my first time profit. but unfortunately, at that time I don't have much knowledge about trading so I make some mistakes but I can recover my loss just in the next week. you need to know the risk in trading so you can think how to prevent the risk and it not about how much money we can use in trading but it is also how we can prevent every bad thing in trading so we can get into trading with good.
Depending on the price, you must either buy it or sell and gain profits.
Trading is only buy and selling but you need to analyse everything, the bar chart of the value of bitcoin or other coin you need to be careful buying because for now its hard to predict when the coin will increase or getting to drop. Then in trading you do not need to put all your money at one coin.
It is hard to predict price shifts of Bitcoin, altcoin market evaluation is even harder. The only clues we have are bitcoin related news.
But news alone is not enough to fully predict the price. I will give you an example: scaling upgrade is scheduled to be executed in August.
Normally this would be bullish news - but I expect that right before scaling upgrade will be initiated there will be mass panic.
Newbies, skeptics and care bears will liquidate short positions to get rid of BTC in case that something would go wrong.
In trading Bitcoin, a trader must have a goal so as not to be confused. If you have decided to become a Bitcoin Trader, then you have to bury deeply the soul of your Idealist trader. Because here you collect money from the difference between selling and buying, not saving Bitcoin. But news alone is not enough to fully predict the price. I will give you an example: scaling upgrade is scheduled to be executed in August.
Normally this would be bullish news - but I expect that right before scaling upgrade will be initiated there will be mass panic.
Newbies, skeptics and care bears will liquidate short positions to get rid of BTC in case that something would go wrong.
Joining is now a great thing, you find that the market is falling down the price of very cheap coins, maybe we will earn a high profit in the future if we buy them now.
Get in when the price of the token is at least 50% lower from it's all time high. That's my strategy and I like it.
At the same time, it is a good opportunity for me to venture into trading because bitcoin is raising today in the wake of its ups and downs.
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