Trade only Bitcoin - page 3. | Bitcointalksearch.org

bettercrypto

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Quote from: rojan on November 14, 2023, 09:52:19 AM

Quote from: Inwestour on November 13, 2023, 09:42:16 AM

Quote from: leonair on November 13, 2023, 07:44:27 AM

Altcoins for trading are much riskier than Bitcoin but also more profitable, so other potential altcoins can be used instead of choosing only Bitcoin for trading. Trading risk is something everyone has to accept if one wants to trade be it altcoins or bitcoins so I don't think trading should be limited to only bitcoins. But if one wants to make a long term investment then Bitcoin should be the first priority. However, trading is entirely a personal matter, so it should be up to the individual to decide which crypto to trade.

I believe that for trading you can use any asset in which you are well versed. If it's a highly volatile altcoin, then there's nothing wrong with that, but I don't like altcoins for long-term trades, for that you should only use Bitcoin. It makes sense to monitor several assets because they can pump at different times. But I also like trading Bitcoin.

For trading I prefer altcoins. But for long term I prefer bitcoin. If someone invests in altcoins for long term it can be big risk. Altcoins are very risky as any time altcoins can pump or dump a lot. .If someone invests in bitcoin then he has no risk.To invest we have to take risk if we don't take risk we will never get anything good.I prefer bitcoin over altcoins.There is no risk of losing money if we invest in bitcoin.

You know we actually do a little bit of trading in altcoins compared to Bitcoin in terms of short-term. Because you know that the chances of getting a profit are high compared to real bitcoin. Just for my opinion:

Then I also just noticed that in order for you to get a good profit in bitcoin in the short term, you should also use a high amount in your bitcoin trading because if it's only 20–30 dollars, for example, you'll only get a small amount there for the whole day, especially if you only do it in the 1 hour time frame and above. It's just my guess.

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Quote from: ItsCrafty on November 18, 2023, 02:28:11 AM

Bitcoin investment is best investment in all categories because whenever you search the previous history of bitcoin it can never be died it's diped but after some time its again up with huge price.so kindly make yearly basis investment whenever you find the bitcoin as dip we should invest in it.in every dip we should repeat this formula so we would never in loss.

If we talk about the best investment in crypto then the answer would already be Bitcoin. Especially if we talk about long-term investments. But what the Op is talking about is about trading in bitcoin. According to him, trading in Bitcoin is much safer and perhaps this is because the risks are not as high as the risks of trading in Altcoins. But maybe Bitcoin trading requires quite large capital if you want to get maximum profits. Because Bitcoin's downward and upward movements are not as volatile as altcoins. Maybe trading in bitcoin is more suitable for swing trading. But in the short term it doesn't seem suitable.

I personally do not trade in bitcoin. because bitcoin for me is only for investment. But I trade more often in altcoins. But even though I call it trading, I actually don't do it often. Maybe only once a week like on the weekend or occasionally after finishing work before going to bed. So more often I just DCA in Bitcoin. Because trading is probably just a sideline for me.

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Bitcoin investment is best investment in all categories because whenever you search the previous history of bitcoin it can never be died it's diped but after some time its again up with huge price.so kindly make yearly basis investment whenever you find the bitcoin as dip we should invest in it.in every dip we should repeat this formula so we would never in loss.

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Quote from: G_Besar on November 17, 2023, 05:09:35 PM

My thoughts are also almost the same as yours, where I also prefer trading with altcoins because altcoins are not assets that need to be held for the long term. Meanwhile, Bitcoin is actually more suitable for everything, be it trading or investment, but I prefer to apply it to investments with a long term duration rather than trading it in the market on a daily or weekly basis. Because as you said, Bitcoin will not be so risky if it is kept as a long-term investment, while altcoins are the opposite, so altcoins are always more suitable for daily trading in the market.

Many thinks that it's fine to do such with Bitcoin because it is flexible and there's nothing wrong with that. But just as what you see with it.
It's true that bitcoin is more of an investment in the long term than to be used for trading. Because you can even go wrong with trading it.
Because you don't know how volatile the altcoins market and you might even get some losses if you btc-alts type of trade.

G_Besar

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Quote from: rojan on November 14, 2023, 09:52:19 AM

For trading I prefer altcoins. But for long term I prefer bitcoin. If someone invests in altcoins for long term it can be big risk. Altcoins are very risky as any time altcoins can pump or dump a lot. .If someone invests in bitcoin then he has no risk.To invest we have to take risk if we don't take risk we will never get anything good.I prefer bitcoin over altcoins.There is no risk of losing money if we invest in bitcoin.

My thoughts are also almost the same as yours, where I also prefer trading with altcoins because altcoins are not assets that need to be held for the long term. Meanwhile, Bitcoin is actually more suitable for everything, be it trading or investment, but I prefer to apply it to investments with a long term duration rather than trading it in the market on a daily or weekly basis. Because as you said, Bitcoin will not be so risky if it is kept as a long-term investment, while altcoins are the opposite, so altcoins are always more suitable for daily trading in the market.

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Quote from: Fuso.hp on November 13, 2023, 08:05:54 AM

Trading is usually done by people in different coins but if one wants to invest in long term plan then he must choose Bitcoin. In terms of trading, other coins in the market always increase quickly due to excess volatility and decrease quickly, so some traders prefer other coins for short-term trading. But if 10 investors were asked which coin is more acceptable in their long-term plans, I think 10 out of 10 would say Bitcoin of course. I myself prefer Bitcoin only for investment but for trading I sometimes try Bitcoin as well as other coins in the market. I can make a lot of profit by trading other coins in the market as well as by trading Bitcoin.

There are large number of coins in crypto world but for the purpose of investment people often choose bitcoin because bitcoin is the only way in which pressure to decide will be minimum. Some people also select ehtereum due to its success but when we see the desires of people so they actually accepted bitcoin more than any altcoin. Some people when making money through trading different coins then they use that amount to buy bitcoin and hold it longer.

For trading you can choose any coin and it will either give you profit or loss but bitcoin is not good for short term trading. People often buy bitcoin and keep it for longer time and at the same time they continue to trade other coins as bitcoin will give them profit after years but altcoins can give you quick earning in little time but the risk is also very high.

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Quote from: Kara3 on September 28, 2023, 02:19:52 PM

trade only Bitcoin.

I have been trading in several types of crypto, but with the current market situation, it has shown that it is not serious about making real profits for me, honestly I have to admit that Bitcoin is a good choice to trade at the moment.

From my point of view, Bitcoin is one type of digital currency that is worth considering at this time, whatever the reason, that is my personal assessment and whatever the consequences, Bitcoin is the best choice compared to the others.

Indeed, lately, carrying out trading activities with other types of crypto is a little difficult, it doesn't move like it's dead, only Bitcoin is showing good activity at the moment.

rojan

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Quote from: Inwestour on November 13, 2023, 09:42:16 AM

Quote from: leonair on November 13, 2023, 07:44:27 AM

Altcoins for trading are much riskier than Bitcoin but also more profitable, so other potential altcoins can be used instead of choosing only Bitcoin for trading. Trading risk is something everyone has to accept if one wants to trade be it altcoins or bitcoins so I don't think trading should be limited to only bitcoins. But if one wants to make a long term investment then Bitcoin should be the first priority. However, trading is entirely a personal matter, so it should be up to the individual to decide which crypto to trade.

I believe that for trading you can use any asset in which you are well versed. If it's a highly volatile altcoin, then there's nothing wrong with that, but I don't like altcoins for long-term trades, for that you should only use Bitcoin. It makes sense to monitor several assets because they can pump at different times. But I also like trading Bitcoin.

For trading I prefer altcoins. But for long term I prefer bitcoin. If someone invests in altcoins for long term it can be big risk. Altcoins are very risky as any time altcoins can pump or dump a lot. .If someone invests in bitcoin then he has no risk.To invest we have to take risk if we don't take risk we will never get anything good.I prefer bitcoin over altcoins.There is no risk of losing money if we invest in bitcoin.

synchronym

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op I agree with you because if I were to trade personally I would definitely choose bitcoin over alt coin. I once traded alt coin and I suffered a lot. I would always recommend choosing bitcoin over alt. We know Bitcoin is very risky. Then if we understand how to trade Bitcoin then success will surely come through it. The first thing in Bitcoin is to be patient and check the market for the long term.

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Quote from: Out of mind on November 14, 2023, 07:04:15 AM

Trading is a strategy that is most important for anyone to learn before starting. Moreover, we have seen that many new people do not learn about trading before they start trading, and they are the only ones who suffer. In my knowledge, many successful traders and traders also lose money many times just because of market volatility. There are some traders who lose their money while trading altcoins and later become emotional. So I think those people should learn about Bitcoin and trading in Bitcoin is not risky.

Sorry, but I don't believe that doing bitcoin trading is risky unless you are an expert in trading. But if you don't have enough knowledge here, the risk is also higher, for sure.

So it seems that it is not right to say that bitcoin trading is not risky; it is still risky due to volatility, but also because of this volatility, we can also have a chance to get profit here using the tools that are commonly used in trading activity. This is what I know about the matter we are talking about.

Out of mind

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Trading is a strategy that is most important for anyone to learn before starting. Moreover, we have seen that many new people do not learn about trading before they start trading, and they are the only ones who suffer. In my knowledge, many successful traders and traders also lose money many times just because of market volatility. There are some traders who lose their money while trading altcoins and later become emotional. So I think those people should learn about Bitcoin and trading in Bitcoin is not risky.

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Quote from: gunhell16 on November 13, 2023, 05:35:41 PM

Quote from: rat03gopoh on November 11, 2023, 10:07:15 AM

Quote from: Z_MBFM on November 11, 2023, 09:31:46 AM

Because Bitcoin is not for trading, Bitcoin is for long term investment.

I don't think it's bad for trading, bitcoin also has volatility that is worth trading. Traders can determine their favorite coins to trade after some evaluation. Even on some exchanges you're allowed to use up to 100x leverage, if the Op is good enough at this then he can generate profits bigger or faster than long term investments.

I agree with what you said: if a trader has a deep knowledge of trading, he can definitely make more money compared to long-term holdings if he does short-term trading in the crypto space. Even in BTC-USDT, it will conduct trading activity on the exchange.

If you are an expert and you are one of the scalpers who can make a profit every day, you will definitely become a rich person after just 1 year of exploiting it. Where and how easy is the profit to be made?

this would happen if the market is in roller coaster ride mate but what if the movement are stagnant like what we are having most of the time? when bitcoin mostly stays in floating value while altcoin are going here and there , meaning indeed that bitcoin is the safest coin to invest and use as trading material , but we also need to consider altcoins (but this is depending on your knowledge of course)
but also correct that we need to have deep knowledge and understanding before dealing with what strategy to use from our investments.

gunhell16

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Quote from: rat03gopoh on November 11, 2023, 10:07:15 AM

Quote from: Z_MBFM on November 11, 2023, 09:31:46 AM

Because Bitcoin is not for trading, Bitcoin is for long term investment.

I don't think it's bad for trading, bitcoin also has volatility that is worth trading. Traders can determine their favorite coins to trade after some evaluation. Even on some exchanges you're allowed to use up to 100x leverage, if the Op is good enough at this then he can generate profits bigger or faster than long term investments.

I agree with what you said: if a trader has a deep knowledge of trading, he can definitely make more money compared to long-term holdings if he does short-term trading in the crypto space. Even in BTC-USDT, it will conduct trading activity on the exchange.

If you are an expert and you are one of the scalpers who can make a profit every day, you will definitely become a rich person after just 1 year of exploiting it. Where and how easy is the profit to be made?

Egii Nna

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Quote from: Litzki1990 on September 28, 2023, 02:50:04 PM

Bitcoin is always safer than ALT coins so trading with bitcoins will have less chance of loss but there are some ALT coins that I don't think would be too bad to invest in. Everything will depend on the trading skills, if you have perfect trading skills then it is possible to make good money by trading in ALT coins.

Actually, trading bitcoin is not that preferably when it comes to trading as usual, and as you can see, the bitcoin market is not pumping when compared to altcoins, so that is why I think trading altcoins will be more profitable than bitcoin, but if we should look at the other side of it, I think it will be safer and less risky, just that we won’t get much profit like trading altcoins. However, higher risk may bring a good outcome, so why won’t we just use bitcoin for long-term investment and then trade altcoins?

Because I know that if there is a skill, a trader will definitely make money. I know that losing in trading is normal and natural, but for sure, if there is a skill, he will make it.

Xcode7

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Quote from: Inwestour on November 13, 2023, 09:42:16 AM

Quote from: leonair on November 13, 2023, 07:44:27 AM

Altcoins for trading are much riskier than Bitcoin but also more profitable, so other potential altcoins can be used instead of choosing only Bitcoin for trading. Trading risk is something everyone has to accept if one wants to trade be it altcoins or bitcoins so I don't think trading should be limited to only bitcoins. But if one wants to make a long term investment then Bitcoin should be the first priority. However, trading is entirely a personal matter, so it should be up to the individual to decide which crypto to trade.

I believe that for trading you can use any asset in which you are well versed. If it's a highly volatile altcoin, then there's nothing wrong with that, but I don't like altcoins for long-term trades, for that you should only use Bitcoin. It makes sense to monitor several assets because they can pump at different times. But I also like trading Bitcoin.

Regardless of whether you like it or not, in fact, up to now, from what has happened, Bitcoin is more promising than Altcoin.
Every risk will indeed be proportional to the possible profit that will be obtained, but with Altcoin the risk is far above compared to Bitcoin while the possible profit is the same, so I think only Bitcoin is worth it, whether in the long term or short term.
Bitcoin prices are always able to recover and even increase drastically, so that is proof and there is no need to doubt it
Until now I have only traded Bitcoin, it is much safer in my opinion with a fairly large level of profit obtained.

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Quote from: leonair on November 13, 2023, 07:44:27 AM

Altcoins for trading are much riskier than Bitcoin but also more profitable, so other potential altcoins can be used instead of choosing only Bitcoin for trading. Trading risk is something everyone has to accept if one wants to trade be it altcoins or bitcoins so I don't think trading should be limited to only bitcoins. But if one wants to make a long term investment then Bitcoin should be the first priority. However, trading is entirely a personal matter, so it should be up to the individual to decide which crypto to trade.

I believe that for trading you can use any asset in which you are well versed. If it's a highly volatile altcoin, then there's nothing wrong with that, but I don't like altcoins for long-term trades, for that you should only use Bitcoin. It makes sense to monitor several assets because they can pump at different times. But I also like trading Bitcoin.

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The question is, is it possible to get a good profit with Bitcoin alone? Does Bitcoin come with no risk when you invest in it? Do you think that most people who entered this industry of the crypto space really got rich with Bitcoin alone?

What is my point? because sometimes I notice that Bitcoin always says that you can get a lot of income from it. Often, if you read that here in the forum, literally speaking, it's true, and I don't contradict that. But I don't believe that only Bitcoin can make a profit and you can get rich there, because for me, you can only get rich in Bitcoin if you have many holdings of Bitcoins, or at least you have more than one Bitcoin, but if it's only at 0.1 BTC, you won't get rich there even if you do a bull run.

Yes, you will get some profit, but not enough to give your dreams in life.
I can still believe that you can get rich in crypto if you invest in other altcoins that you know have potential and can also go along with Bitcoin. It's not as expensive as Bitcoin, but you can earn more than you can earn in Bitcoin.

Fuso.hp

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Quote from: Nrcewker on November 12, 2023, 12:47:30 PM

Quote from: rat03gopoh on November 11, 2023, 10:07:15 AM

Quote from: Z_MBFM on November 11, 2023, 09:31:46 AM

Because Bitcoin is not for trading, Bitcoin is for long term investment.

I don't think it's bad for trading, bitcoin also has volatility that is worth trading. Traders can determine their favorite coins to trade after some evaluation. Even on some exchanges you're allowed to use up to 100x leverage, if the Op is good enough at this then he can generate profits bigger or faster than long term investments.

People have different choices for everything. Some use Bitcoins for long term investment, while some use it for trading quick money. But if you want to remain on safer side, then only investing in the Bitcoins will be safe option. We know that Bitcoins are limited in number, hence they will definitely increase in price in long go. So investing a certain amount for long term can give good profits. You always have the option to trade these coins. But if you take risk, then there is possibility that you can face losses also.

Trading is usually done by people in different coins but if one wants to invest in long term plan then he must choose Bitcoin. In terms of trading, other coins in the market always increase quickly due to excess volatility and decrease quickly, so some traders prefer other coins for short-term trading. But if 10 investors were asked which coin is more acceptable in their long-term plans, I think 10 out of 10 would say Bitcoin of course. I myself prefer Bitcoin only for investment but for trading I sometimes try Bitcoin as well as other coins in the market. I can make a lot of profit by trading other coins in the market as well as by trading Bitcoin.

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Quote from: uswa56 on November 12, 2023, 11:45:54 PM

Quote from: mirakal on November 12, 2023, 04:20:14 PM

You can actually trade in both bitcoin and altcoins as its one way of giving yourself bigger chances to earn. But when you trade with wrong altcoins, the risk to lose is even more high than if you focus on bitcoin. That is why trading with bitcoin is always the best option most especially if you aim for long term hodling to anticipate bigger profits as well. Altcoins are not bad as long as you trade with high potential altcoins, those that does not go easily with pump and dump.

However, if you trade without knowing the basics in trading, that's another story to tell. Even bitcoin trading won't save yourself from losing a lot. The more you trade, the higher chances of losing, that is the reality when you trade quickly just to gain immediate profits.

Yes, you are right, it is very difficult to make a profit from trading altcoins and the risk of loss is very high, so I think choosing Bitcoin as an investment is a good choice to be able to make a profit from investing and trading. If we choose to trade, it is important for us to understand trading well and also know the market conditions well to be able to profit from the trades we make.

Altcoins for trading are much riskier than Bitcoin but also more profitable, so other potential altcoins can be used instead of choosing only Bitcoin for trading. Trading risk is something everyone has to accept if one wants to trade be it altcoins or bitcoins so I don't think trading should be limited to only bitcoins. But if one wants to make a long term investment then Bitcoin should be the first priority. However, trading is entirely a personal matter, so it should be up to the individual to decide which crypto to trade.

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Quote from: mirakal on November 12, 2023, 04:20:14 PM

You can actually trade in both bitcoin and altcoins as its one way of giving yourself bigger chances to earn. But when you trade with wrong altcoins, the risk to lose is even more high than if you focus on bitcoin. That is why trading with bitcoin is always the best option most especially if you aim for long term hodling to anticipate bigger profits as well. Altcoins are not bad as long as you trade with high potential altcoins, those that does not go easily with pump and dump.

However, if you trade without knowing the basics in trading, that's another story to tell. Even bitcoin trading won't save yourself from losing a lot. The more you trade, the higher chances of losing, that is the reality when you trade quickly just to gain immediate profits.

Yes, you are right, it is very difficult to make a profit from trading altcoins and the risk of loss is very high, so I think choosing Bitcoin as an investment is a good choice to be able to make a profit from investing and trading. If we choose to trade, it is important for us to understand trading well and also know the market conditions well to be able to profit from the trades we make.

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