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Topic: Trading Bitcoin at this moment is right? - page 17. (Read 3822 times)

full member
Activity: 275
Merit: 100
SOKOS.io
October 31, 2018, 07:35:50 PM
I feel trading at this moment is not right and waiting is better
It depends on the person because if you are a pro trader you can still get profit even the market is bleeding and I guess you are a newbie that's why you were saying that it isn't right to trade
sr. member
Activity: 568
Merit: 250
October 31, 2018, 07:24:11 PM
I think today is the best day to buy bitcoin if you think to invest long-term and if you have money for investment. Why I am saying that because, when you check all history of bitcoins you can see what will happen in a year I mean till 2020  and you will understand bitcoin price is still so cheap for to buy.

Yeah that's fine to buy at cheaper price but don't ever dump it right away, and think about that we should hold your coins. Investing is not too late because this opportunity can be our future and we won't be able to withstand the current bearish market because of that idea of waiting. Develop a self determinations and you'll be the best that you can when stay strong with crypto.
hero member
Activity: 1582
Merit: 520
October 31, 2018, 05:59:15 PM
#99
I think today is the best day to buy bitcoin if you think to invest long-term and if you have money for investment. Why I am saying that because, when you check all history of bitcoins you can see what will happen in a year I mean till 2020  and you will understand bitcoin price is still so cheap for to buy.
full member
Activity: 630
Merit: 100
October 31, 2018, 05:50:17 PM
#98
Trading is the best when you know what you are doing. Money can be made in any cryptocurrency market situations!  I like bear market because it's easy for you to accumulate cheaply on the market.  Everyone wants to sell and that create opportunity to buy at the cheapest price possible!
newbie
Activity: 32
Merit: 0
October 31, 2018, 04:25:31 PM
#97
I feel trading at this moment is not right and waiting is better
It depends on the coins that you want to buy, if you are real trader you will not stick on the major coins you will search for good coin that has possibility to increase its value in just a days or weeks and i know there are lots of coins pump at this moment.
OP should consider this as a reference since this is mostly accurate to most traders if not then what else? But i do believe that OP will find a potential altcoins that he would like to trade and many more except Bitcoin since it is a bit hard to trade it at the moment. Bitcoin is still in the bearish trend and it's so hard to cope the loss if we go trade Bitcoin only.

Totally, I've been accumulating btc by Shorting alts against BTC in quick in and out low tf trades with these guys analysis https://discord.gg/TbYwFNp. While btc is doing it's sideways fuckery small time trading alts is a good option to grow your BTC stack
full member
Activity: 484
Merit: 100
October 31, 2018, 03:47:46 PM
#96
I feel trading at this moment is not right and waiting is better
Currently, cryptocurrency is still unstable like storms, turbulence, and erratic behavior. Currently, the market is still unstable, and the whole market is red so do not invest in Bitcoin at the moment if you do not want to encounter losses.
sr. member
Activity: 2506
Merit: 368
October 31, 2018, 03:44:42 PM
#95
I feel trading at this moment is not right and waiting is better
It depends on the coins that you want to buy, if you are real trader you will not stick on the major coins you will search for good coin that has possibility to increase its value in just a days or weeks and i know there are lots of coins pump at this moment.
OP should consider this as a reference since this is mostly accurate to most traders if not then what else? But i do believe that OP will find a potential altcoins that he would like to trade and many more except Bitcoin since it is a bit hard to trade it at the moment. Bitcoin is still in the bearish trend and it's so hard to cope the loss if we go trade Bitcoin only.
newbie
Activity: 32
Merit: 0
October 31, 2018, 03:37:34 PM
#94
I feel trading at this moment is not right and waiting is better

It depends on which time frame you trade. You could just wait to buy some cheap BTC at the end of this ending cycle. You can still do swing trades on both sides, looking to position yourself to short when this upwards correction ends.
legendary
Activity: 3500
Merit: 1354
October 31, 2018, 02:57:47 PM
#93
I feel trading at this moment is not right and waiting is better
Bitcoin trading at this time obviously good because the market price of bitcoin is very cheap now. Anybody can trading bitcoin anytime. Though now bitcoin price is down so you can buy huge bitcoin and start trading. Bitcoin's price low I think it is a opportunity for newbie traders.

Cheaper price does not give you guarantee that it is the right time to buy and start trading. The current market is like a silent market where the price is close to "stable" which makes traders hard to make profit by day trading. I do not want to recommend newbies that it is good opportunity to buy bitcoin now because of the price because price is not the only factor to decide the right time to start trading.
full member
Activity: 827
Merit: 100
October 31, 2018, 02:50:37 PM
#92
I feel trading at this moment is not right and waiting is better
Bitcoin trading at this time obviously good because the market price of bitcoin is very cheap now. Anybody can trading bitcoin anytime. Though now bitcoin price is down so you can buy huge bitcoin and start trading. Bitcoin's price low I think it is a opportunity for newbie traders.
For daily trading, it might be used as an option, we can see this because right now bitcoin is the safest coin choice. so I think if you really want to trade, only the best option is bitcoin.
jr. member
Activity: 210
Merit: 1
October 31, 2018, 01:59:55 PM
#91
I feel trading at this moment is not right and waiting is better
Bitcoin trading at this time obviously good because the market price of bitcoin is very cheap now. Anybody can trading bitcoin anytime. Though now bitcoin price is down so you can buy huge bitcoin and start trading. Bitcoin's price low I think it is a opportunity for newbie traders.
legendary
Activity: 1176
Merit: 1024
October 31, 2018, 10:17:15 AM
#90
i think in current market situation it is better to avoid trading only long-term investment is good because cryptocurrency market is red in these days so you can buy coins in cheap rates and will be get good profit from its in future
At least as a long term investor, you still have a great chance of benefiting in the long run, even though the market could still have a chance to go back lower. A lot of long term investors, always try as much as possible to buy the dips bit by bit and they do not even go all in at once, to at least minimize the risk. For regular traders however, trading the market most especially when there is no clear direction can be very risky, and in that case, you need a cut out plan on how you want to be trading the market in cases like this, which is why I believe that anyone who is really trading the market right now should not be doing so without a good strategy and tight stop loss in place, just in case.

Normally, as long as you know you have the knowledge, the skills and the right strategy to trade any market, then, you should not have a problem seeing any right time to trade or not to trade. Trading bitcoin at the moment right now can be risky though, considering the volume that get pushed in or out of the market on a break out. What is most important is to always have a tight plan and strategy when trading a market that is moving sideways and never let emotions rule you in most of the decisions you are going to be making.
sr. member
Activity: 630
Merit: 250
October 31, 2018, 02:17:24 AM
#89
I feel trading at this moment is not right and waiting is better
if you bought inside the $6k you're looking smart right now. who is aware of this contemporary day rally may additionally moreover simply be some other useless cat bounce. time will inform if it could get skip $10k and live above that into 12 months surrender.
At the end, it still all balls down to time anyway. Those who have been able to buy in at $6k, at least, will have less risk to take anyway, considering that even I am going to be looking for any stop loss at the moment, I will be looking to stop loss at around $5700.

This region has been looking strong for a while now, so in one way, it is easy to tend towards the bull side, but all in all, no one can actually tell what the future holds, unless to just trade the trends. What is important right now is to see the break out to the upper side, as this is where the real participation will start and we will get to see the boredom subside.
full member
Activity: 434
Merit: 101
★Bitvest.io★ Play Plinko or Invest!
October 31, 2018, 02:16:37 AM
#88
I feel trading at this moment is not right and waiting is better
yeah I agree with you maybe at the end of this year the prices of all coins experience a period of volatility maybe even decrease
sr. member
Activity: 1932
Merit: 448
October 31, 2018, 01:44:57 AM
#87
I feel trading at this moment is not right and waiting is better
if you bought inside the $6k you're looking smart right now. who is aware of this contemporary day rally may additionally moreover simply be some other useless cat bounce. time will inform if it could get skip $10k and live above that into 12 months surrender.
I am sure that new growth will occur in 2019 to come. owning bitcoin is now a good thing as an investment tool or something else. I also think about the good things that will happen in 2019.
member
Activity: 318
Merit: 10
October 31, 2018, 01:14:05 AM
#86
I think if you decide to trade bitcoin right now can give you a profit because I see on the market, bitcoin price still going to go up and down in anytime. So if you can find a chance to buy at a lower price and sell when the price is up, then you can make a profit especially if you can do this over and over. You can make 0,5%-1% for one-time trade, and if you can do for more than five times, it means in that day, you can get 5%, and if you can do this in every day, then you can get 30% in a month. But it's not guaranteed to get 1% in one day because we know that the crypto market now is not going to rise but it will, so we could only keep trying to make a profit from trading.
member
Activity: 196
Merit: 10
October 30, 2018, 04:56:37 AM
#85
Well, there is really not much happening with Bitcoin lately, volatility is close to zero, so I personally do not see a very great opportunity, buying-selling Bitcoin in hope for a short time profit.
copper member
Activity: 728
Merit: 250
October 30, 2018, 03:23:49 AM
#84
I feel trading at this moment is not right and waiting is better
if you bought inside the $6k you're looking smart right now. who is aware of this contemporary day rally may additionally moreover simply be some other useless cat bounce. time will inform if it could get skip $10k and live above that into 12 months surrender.
member
Activity: 231
Merit: 10
October 30, 2018, 03:13:15 AM
#83
i think in current market situation it is better to avoid trading only long-term investment is good because cryptocurrency market is red in these days so you can buy coins in cheap rates and will be get good profit from its in future
sr. member
Activity: 1652
Merit: 299
October 30, 2018, 01:44:17 AM
#82
I feel trading at this moment is not right and waiting is better
trade-you need to always, just need to leave part of the "Deposit" in the crypt, for sale at a higher price , but do not forget to buy during the fall, we call it the plum, this time it is necessary to catch and buy )
Ofcourse, trading at any stage is right but the difference is only in profit that depends upon price movement. If price movement does not show any big gap then the profit will result small, on the other hand it will be huge profit if there is big difference between cost price and selling price. Currently, situations are not much favorable as we are not noticing any fine gap between our cost price and current price.
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