Trading Bitcoin at this moment is right? - page 13.

DarkIT

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Quote from: galundan9 on November 26, 2018, 07:36:46 PM

Quote from: Davidwhite01 on October 13, 2018, 07:47:21 AM

I feel trading at this moment is not right and waiting is better

waiting to do bitcoin trading is now the best solution to avoid losses because market movements continue to fluctuate suddenly and are very difficult to predict, but if you want to re-invest in bitcoin, in my opinion, this is an excellent time to go back to buy it because the price is it fell to a price of $ 3700 and I thought it was a meager price to buy.

I agree. seeing this very unstable market, I prefer to hold back from trading. well, but we are in a different situation. if you really are in need of money, I think that is something you can understand to do trading now.

sophia_us

newbie

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Trading is not suitable at the moment, it would be better to wait until the market stabilizes.

levelTradingField

newbie

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On most exchanges where you can only go long, then it may be a bad idea if you believe the market is falling.
However, on derivative exchanges where you can actually make money going short, then it’s ALWAYS a good time to trade as long as you pick the right direction of the market.

LevelTradingField.com has a derivative exchange to trade perpetuals on BTC, BCH, ETH, LTC, XMR, and XRP
The BTC contract is only on 1/10 of a BTC so the wild swings are not as bad for retail traders that trade a one lot.

Requires a full KYC/AML process though. Signup for a free account on LevelTradingField.com to watch the market. When you are comfortable that you can trade proficiently then send email to [email protected] to begin the trading account onboarding process.

galundan9

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Quote from: Davidwhite01 on October 13, 2018, 07:47:21 AM

I feel trading at this moment is not right and waiting is better

waiting to do bitcoin trading is now the best solution to avoid losses because market movements continue to fluctuate suddenly and are very difficult to predict, but if you want to re-invest in bitcoin, in my opinion, this is an excellent time to go back to buy it because the price is it fell to a price of $ 3700 and I thought it was a meager price to buy.

LuvCyanide

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That's right. Especially if you have no experience in trading and do not want to take risks. But I know many investors who make big profits in a falling market.

CryptoF007

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Focus on long term investing not daily trading!

Quote from: Pattart on November 26, 2018, 08:27:30 AM

Quote from: nydiacaskey01 on November 22, 2018, 07:09:57 PM

Quote from: Davidwhite01 on October 13, 2018, 07:47:21 AM

I feel trading at this moment is not right and waiting is better

Depends on your strategy in trading. I have seen scalpers out there who trades even at this bear market that we have now and they still earn profits like we are not in a bear market. All you need is to observe and carefully chose which coin to buy and sell as soon as the price goes up even at only 2% profit.

The key is not to be too greedy to take too large profits when conditions are still bearish, don't wait too long dude
you right, when the price has gone up and you're already profit then you should sell it immediately, because very likely the price will drop again

I am not saying you can't make profits with regular trading in bear market, what I am saying is that in my opinion if you are not professional trader it takes really too much effort and too much emotional stress for such a small reward, and most probably you will miss huge oportunities to make real money.

For example... RVN was trading from 12th sep till 11th oct at 220sat levels. Lets say you bought 1000$ of it at 220sat ... on 11th sep price started to rise, and from what you are saying is that you should sell it at 300 sat already ... well you have made 35% profit ... so you now have 1350$ ...
Well in next 10 days price went to 1000sat ... so selling somewhere in 800 - 1000sat levels would bring you to 4000$ ... and 1 month later price is at 400 - 500sat ... so you could spend 2000$ on buying RVN back at 400 - 500sat, making the exact same position than before (in absolute number of RVN coins), and put the other 2000$ in your pocket...
All this happened in bear market and it is by far not the only coin that had such a rally...
So let us think again, is it worth to wait months for perfect trading oportunity? If you ask me, the answer is YES, to someone else answer might also be NO...

John46285

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Quote from: Davidwhite01 on October 13, 2018, 07:47:21 AM

I feel trading at this moment is not right and waiting is better

I recommend you to do not make any trade at the moment. Cause Bitcoin price now unstable and you can get loss now. You should wait until Bitcoin get stability.

Pattart

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Quote from: nydiacaskey01 on November 22, 2018, 07:09:57 PM

Quote from: Davidwhite01 on October 13, 2018, 07:47:21 AM

I feel trading at this moment is not right and waiting is better

Depends on your strategy in trading. I have seen scalpers out there who trades even at this bear market that we have now and they still earn profits like we are not in a bear market. All you need is to observe and carefully chose which coin to buy and sell as soon as the price goes up even at only 2% profit.

The key is not to be too greedy to take too large profits when conditions are still bearish, don't wait too long dude
you right, when the price has gone up and you're already profit then you should sell it immediately, because very likely the price will drop again

keanne_isaac

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Quote from: Davidwhite01 on October 13, 2018, 07:47:21 AM

I feel trading at this moment is not right and waiting is better

For me the best thing to do now is to hold or add some bitcoins to lower your buying average. Selling to cutlossing is not s good decision specially when you do not monitor crypto market daily you may miss the sudden pump and get dis appointed.

gtcms

copper member

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Trading bitcoin now is better than before because of increased volatility. And it is better to trade on BitMEX and BitSeven trading platforms, because there you can use leverage and there is opportunity to short btc and earn on falling bitcoin. But now is better not to use leverage more than 5x (even 10x is very dangerous).

Altero

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Quote from: miningguru on November 23, 2018, 02:05:01 AM

Quote from: nydiacaskey01 on November 22, 2018, 07:09:57 PM

Quote from: Davidwhite01 on October 13, 2018, 07:47:21 AM

I feel trading at this moment is not right and waiting is better

Depends on your strategy in trading. I have seen scalpers out there who trades even at this bear market that we have now and they still earn profits like we are not in a bear market. All you need is to observe and carefully chose which coin to buy and sell as soon as the price goes up even at only 2% profit.

Yes, you are right people who look for a higher margin of the profit will always lose because suddenly the prices will drop to a lower value. We need to be very active in the market because even in the bearish time they will make a profit of 2% easily.

You can make it if you have huge capital but for those who have only small capital, it really hard for them to achieve.
It is pretty hard for now to have a huge profit since the entire is drastically falling. And even experts may have to stop their trades and wait for the market to bounce back.

tosmartak

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Quote from: wuvdoll on November 26, 2018, 03:54:39 AM

Quote from: Seamoon on November 22, 2018, 09:08:11 PM

You can always buy some when the market is down, so why not invest now.

That is basically the ideal thing to be doing right now, because I believe anyone who is busy selling right now is definitely not doing themselves the best when it comes to making the right market decisions. Like Tom said, you cannot be going bearish when the market is already in a bear phase and a terrible one, which is the time you should be going bullish and be accumulating more.

People tend to wrestle with the trend and then panic when they are being pushed out as a result of their emotions. If you know the potential of what you are holding, you will always know how to make the right decisions, focusing on the long term. Basic principle those who have been holding for years now have been using.

Any smart person will know that when it comes to taking advantage of the market and be buying, that is when everyone is busy panicking and selling. Sell when people are greedy, and buy when people are scared, it is just plain simple. Trading bitcoin at the moment though requires a good level of understanding, but for someone who is looking to investment, just keep picking gradually because as time goes on, you will realize that you have more to gain than lose.

conruoitrau

newbie

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I found this time to trade is very good, the market is very bad, suitable for newcomers to the trade

thasinka

newbie

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I also agree with you. This market we should be quiet and wait. Hope that next time the market will be better

wuvdoll

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Quote from: Seamoon on November 22, 2018, 09:08:11 PM

You can always buy some when the market is down, so why not invest now.

That is basically the ideal thing to be doing right now, because I believe anyone who is busy selling right now is definitely not doing themselves the best when it comes to making the right market decisions. Like Tom said, you cannot be going bearish when the market is already in a bear phase and a terrible one, which is the time you should be going bullish and be accumulating more.

People tend to wrestle with the trend and then panic when they are being pushed out as a result of their emotions. If you know the potential of what you are holding, you will always know how to make the right decisions, focusing on the long term. Basic principle those who have been holding for years now have been using.

iged_war

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Activity: 882

Merit: 250

Quote from: miningguru on November 23, 2018, 02:05:01 AM

Quote from: nydiacaskey01 on November 22, 2018, 07:09:57 PM

Quote from: Davidwhite01 on October 13, 2018, 07:47:21 AM

I feel trading at this moment is not right and waiting is better

Depends on your strategy in trading. I have seen scalpers out there who trades even at this bear market that we have now and they still earn profits like we are not in a bear market. All you need is to observe and carefully chose which coin to buy and sell as soon as the price goes up even at only 2% profit.

Yes, you are right people who look for a higher margin of the profit will always lose because suddenly the prices will drop to a lower value. We need to be very active in the market because even in the bearish time they will make a profit of 2% easily.

they were greedy with their trading goal.and also didnt prepare well in each of trades.at this time very difficult to generate profit from market especially in strong bearish like current market.

Giuginsuckhoe

newbie

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This is a good time to turn off the computer, take a break, hang out, go on a trip ... relax in order to have the best mind to make the right decisions.

nakagotok

newbie

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I agree with you. The more you buy, the lower the price, perhaps wait a long time

iv4n

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Quote from: miningguru on November 23, 2018, 02:05:01 AM

Quote from: nydiacaskey01 on November 22, 2018, 07:09:57 PM

Quote from: Davidwhite01 on October 13, 2018, 07:47:21 AM

I feel trading at this moment is not right and waiting is better

Depends on your strategy in trading. I have seen scalpers out there who trades even at this bear market that we have now and they still earn profits like we are not in a bear market. All you need is to observe and carefully chose which coin to buy and sell as soon as the price goes up even at only 2% profit.

Yes, you are right people who look for a higher margin of the profit will always lose because suddenly the prices will drop to a lower value. We need to be very active in the market because even in the bearish time they will make a profit of 2% easily.

There are moments when we need to be fast and furious, but in some moments we need to stick to holding and buying if we have money. Now we are in period when prices are declining, last couple days billions are wiped out from the market, and market felt that pretty hard. You can watch carefully which coin to buy, but most of them are dropping and it's hard to buy and sell in the right time to make a profit. I still believe that this is just temporary fall, market will recover in next couple weeks, but after few days I started to think how deep it can go and to make plans for that bottom.

miningguru

full member

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Quote from: nydiacaskey01 on November 22, 2018, 07:09:57 PM

Quote from: Davidwhite01 on October 13, 2018, 07:47:21 AM

I feel trading at this moment is not right and waiting is better

Depends on your strategy in trading. I have seen scalpers out there who trades even at this bear market that we have now and they still earn profits like we are not in a bear market. All you need is to observe and carefully chose which coin to buy and sell as soon as the price goes up even at only 2% profit.

Yes, you are right people who look for a higher margin of the profit will always lose because suddenly the prices will drop to a lower value. We need to be very active in the market because even in the bearish time they will make a profit of 2% easily.

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