I recognize the thing you've done as a simple buying and selling of bitcoin only, and not trading. I say so because you said that you bought btc between $6000 - $7400 and sold in $11500, as you can see there's no involvement of other coins at all.
Anyway, if buying/selling of btc is your main point then you're right. It is easy to make profits from it as long as you are patient and always follow the "Buy low, Sell high" principle.
Topic: Trading Bitcoin is pretty easy - page 20. (Read 1928 times)
I think trading crypto is much more difficult than forex, the crypto market is harder to be predicted, you just gpt lucky if you say btc is easy to tradr, if you bought it at December you will need to wait a long time to make a profit, but I do agree that we can make a profit by holding bitcoin for a long term, but holding btc for a long term is called investing not trading.
Yes, it is pretty easy because we just need to focus on investing as much asmoney as we can. We do not need to monitor the price all the time and we do not need to worry about the bad news and something like that. But the hard part is to keep the faith to invest and save for a long time. In the years that we waiting, it must be a lot of choice that we should make. Or bad news that is going on especially with the price reduction that often make us worry. But if you look at the big picture, we will know that the price of Bitcoin always increasing in some years ago. So we must keep our faith to the years that will come.
I think trading crypto is much more difficult than forex, the crypto market is harder to be predicted, you just gpt lucky if you say btc is easy to tradr, if you bought it at December you will need to wait a long time to make a profit, but I do agree that we can make a profit by holding bitcoin for a long term, but holding btc for a long term is called investing not trading
Bitcoin is more profitable if the trader who holds bitcoin is a veteran and knows a lot specially in technical analysis. Bitcoin can be a short term period investment, a trader can hold bitcoins everytime it falls and sell whenever it rise up.
Hello,
I am a new investor in Bitcoin and I can tell that trading Bitcoin is so much easier that trading Forex. I double my wallet in 3 months with swing trading! I bought Bitcoins between 6000 / 7400 and sold them at 11.500. Last days I bought Bitcoins between 7300 and 8100 and I still have them.
The important thing is to believe that bitcoin will continue to go up, like me, so you can find the good entry points.
I post Bitcoin analyzes on my twitter channel so take a look, I already have some good results from my start. I post also my results of my profitable EA forex robot.
https://twitter.com/christopheduh1
Good luck!
Chris
I am a new investor in Bitcoin and I can tell that trading Bitcoin is so much easier that trading Forex. I double my wallet in 3 months with swing trading! I bought Bitcoins between 6000 / 7400 and sold them at 11.500. Last days I bought Bitcoins between 7300 and 8100 and I still have them.
The important thing is to believe that bitcoin will continue to go up, like me, so you can find the good entry points.
I post Bitcoin analyzes on my twitter channel so take a look, I already have some good results from my start. I post also my results of my profitable EA forex robot.
https://twitter.com/christopheduh1
Good luck!
Chris
I think you may have bought it during the last bottom so that's how we really make money out of the market. Of course you need to have that mental toughness to wait it out before selling it. You are lucky that you have bought it at bottom and sell it at the top price because most newbies keeps on waiting for the bottom/top price before making their moved.
One thing though is that you need to have a exit strategy, which you did that's why you make gains. The last bottom that we have is $7500 so I'm expecting the price to at least double to $15K before I will dump it.
Goodluck to your new found strategy and I hope that newbies will find your story inspiring and not to dump with every dip that they are encounter.
Its never easy to trade bitcoin, mind you, I've been in bitcoin for years, if you know the market trends you gonna be bloody hell hehe, because market is unpredictable sometimes bitcoin is down with about 20-30% of his price in one day. or maybe in an hour? or minutes, or sometimes its really a downtrend scenario that everyone is bleeding hell but the good part is bitcoin trend if its bullish its rocket so quick and no limits... But ofcourse trading bitcoin and other crypto coins is really easy than forex because there are no margins like forex its just same with stock market has buy and sell but you can't gain with short position in bitcoin or crypto world that the difference between trading bitcoin in forex. Good luck to your trade hope you study and research well before you do trading. Have a nice day to you.
I agree with you, the world of cryptocurrencies is unpredictable and can suffer strong dumps and pumps in a short time. you must not underestimate the great volatility because as you can get big profits in the same way you can get big losses!Swing trading has worked for me too.
I think it is not for a newbie, because as a newbie you will have some difficulties if you don't have any knowledge what bitcoin really is but as time goes by you will probably understand this cryptocurrency.
You could earn 20%, 30% with it very easily yes but when the huge dump came , your property could only being 30% or 40% left like the last dump, so what you gonna do with that ha ?
Swing trading has worked for me too.
I think it is not for a newbie, because as a newbie you will have some difficulties if you don't have any knowledge what bitcoin really is but as time goes by you will probably understand this cryptocurrency.
Hello,
I am a new investor in Bitcoin and I can tell that trading Bitcoin is so much easier that trading Forex. I double my wallet in 3 months with swing trading! I bought Bitcoins between 6000 / 7400 and sold them at 11.500. Last days I bought Bitcoins between 7300 and 8100 and I still have them.
The important thing is to believe that bitcoin will continue to go up, like me, so you can find the good entry points.
I post Bitcoin analyzes on my twitter channel so take a look, I already have some good results from my start. I post also my results of my profitable EA forex robot.
https://twitter.com/christopheduh1
Good luck!
Chris
I do not think the trade bitcoin is easy, you can see that the market is fluctuating continuously and very complicated, after two consecutive days of rising prices recovered strongly, today bitcoin prices have fallen sharply And the price of altcloin is down. Continuous adjustment of bitcoin prices has a huge impact on trade, if you trade at this time the risk is very high and can be very large losses. Bitcoin is the most valuable currency, so it is affected by many countries in the world, any bad news can make the bitcoin price drop extremely fast. I am a new investor in Bitcoin and I can tell that trading Bitcoin is so much easier that trading Forex. I double my wallet in 3 months with swing trading! I bought Bitcoins between 6000 / 7400 and sold them at 11.500. Last days I bought Bitcoins between 7300 and 8100 and I still have them.
The important thing is to believe that bitcoin will continue to go up, like me, so you can find the good entry points.
I post Bitcoin analyzes on my twitter channel so take a look, I already have some good results from my start. I post also my results of my profitable EA forex robot.
https://twitter.com/christopheduh1
Good luck!
Chris
some people have difficulties in trading on bitcoins, perhaps because of their lack of knowledge and experience in trading, you are used to being in a trade, so much experience you have in determining what choice is most appropriate if prices change simultaneously, with your trading experience can know when the right time to get in and buy and when the right time to come out to sell, experience is very important for the smooth conduct of some trades
Well, if someone is following the BTC price then if is easy to find that for example in Bitcoin makes about 10% per day then at the next day it will loose about 5%. Such "swing trading" is absolutely dumb. First of all bacause you are ignoring the other price fluctuations that can also benefit you. Second is that during the last time BTC dumped pretty often because of different and sometimes insignificant news. So you just buy coins and after the FUD people are finding you in the other thread talking about how you HODL your coins to avoid loses.
This kind of trading depends on your luck and mostly similar to any other market. Anyway if you buy or sell something the price may go either up or down.
This kind of trading depends on your luck and mostly similar to any other market. Anyway if you buy or sell something the price may go either up or down.
I think trading is not that easy. well, I have failed several times in trading, and to this day is still very difficult to do. sometimes the profit I get is not much bigger than the loss I get. well, everyone has different experience.
Trading is depended on the market and your skill set. if you invest in shitcoins then definitely you will lose your money, but if you invest in good coins like BTC or ETH or other promising altcoins you can make a profit. Don't sell when your coins are at a loss if you have the capacity to control your feelings you will never lose money in trading. I think trading is not that easy. well, I have failed several times in trading, and to this day is still very difficult to do. sometimes the profit I get is not much bigger than the loss I get. well, everyone has different experience.
Trading is depended on the market and your skill set. if you invest in shitcoins then definitely you will lose your money, but if you invest in good coins like BTC or ETH or other promising altcoins you can make a profit. Don't sell when your coins are at a loss if you have the capacity to control your feelings you will never lose money in trading. 
Hello,
I am a new investor in Bitcoin and I can tell that trading Bitcoin is so much easier that trading Forex. I double my wallet in 3 months with swing trading! I bought Bitcoins between 6000 / 7400 and sold them at 11.500. Last days I bought Bitcoins between 7300 and 8100 and I still have them.
The important thing is to believe that bitcoin will continue to go up, like me, so you can find the good entry points.
I post Bitcoin analyzes on my twitter channel so take a look, I already have some good results from my start. I post also my results of my profitable EA forex robot.
https://twitter.com/christopheduh1
Good luck!
Chris
I am a new investor in Bitcoin and I can tell that trading Bitcoin is so much easier that trading Forex. I double my wallet in 3 months with swing trading! I bought Bitcoins between 6000 / 7400 and sold them at 11.500. Last days I bought Bitcoins between 7300 and 8100 and I still have them.
The important thing is to believe that bitcoin will continue to go up, like me, so you can find the good entry points.
I post Bitcoin analyzes on my twitter channel so take a look, I already have some good results from my start. I post also my results of my profitable EA forex robot.
https://twitter.com/christopheduh1
Good luck!
Chris
Its good to know you are making profits on your bitcoin trading but take note that some people bought bitcoin when the price was around 18k and since then they have not seen it rise again. You are just lucky, thats it.
Hello,
I am a new investor in Bitcoin and I can tell that trading Bitcoin is so much easier that trading Forex. I double my wallet in 3 months with swing trading! I bought Bitcoins between 6000 / 7400 and sold them at 11.500. Last days I bought Bitcoins between 7300 and 8100 and I still have them.
The important thing is to believe that bitcoin will continue to go up, like me, so you can find the good entry points.
I post Bitcoin analyzes on my twitter channel so take a look, I already have some good results from my start. I post also my results of my profitable EA forex robot.
https://twitter.com/christopheduh1
Good luck!
Chris
I am a new investor in Bitcoin and I can tell that trading Bitcoin is so much easier that trading Forex. I double my wallet in 3 months with swing trading! I bought Bitcoins between 6000 / 7400 and sold them at 11.500. Last days I bought Bitcoins between 7300 and 8100 and I still have them.
The important thing is to believe that bitcoin will continue to go up, like me, so you can find the good entry points.
I post Bitcoin analyzes on my twitter channel so take a look, I already have some good results from my start. I post also my results of my profitable EA forex robot.
https://twitter.com/christopheduh1
Good luck!
Chris
To compare bitcoin and forex trading is more of making an analogy that can not be ascertain. Thus, they both can't be the same in terms of the players involved.
Bitcoin dominate the crypto market but in forex, every currency is well fortified to surprises. Hence, no dominate currency in forex even though they are paired as one being buying/selling. So it can be easier to make predicted profit with bitcoin.
The important thing is to believe that bitcoin will continue to go up, like me, so you can find the good entry points.
https://twitter.com/christopheduh1
Good luck!
Chris
https://twitter.com/christopheduh1
Good luck!
Chris
You are right, even bitcoin trading is quite easy rather than gambling, i hope (optimism) that you say will be extra motivation for others especially those who are performers by trade and too easily give up on the circumstances.
I think trading is not that easy. well, I have failed several times in trading, and to this day is still very difficult to do. sometimes the profit I get is not much bigger than the loss I get. well, everyone has different experience.
So we have positive signal from an expert forex trader which means that crypto currency are on the perfect tracks. 
Yeah I also find that crypto currency (not just bitcoin) is way way easier than any other things that needs investment and which has profit and loss thing involved. I am grateful that they made crypto currencies and they made it decentralised which then turn to be most volatile thing ever. This volatility is what making it far easier to make swing trading in first place. If volatility is not there then surely there wont be any swing trades and it would get similar thing to the forex trading and will make it worse again.
Yeah I also find that crypto currency (not just bitcoin) is way way easier than any other things that needs investment and which has profit and loss thing involved. I am grateful that they made crypto currencies and they made it decentralised which then turn to be most volatile thing ever. This volatility is what making it far easier to make swing trading in first place. If volatility is not there then surely there wont be any swing trades and it would get similar thing to the forex trading and will make it worse again.
Hello,
I am a new investor in Bitcoin and I can tell that trading Bitcoin is so much easier that trading Forex. I double my wallet in 3 months with swing trading! I bought Bitcoins between 6000 / 7400 and sold them at 11.500. Last days I bought Bitcoins between 7300 and 8100 and I still have them.
The important thing is to believe that bitcoin will continue to go up, like me, so you can find the good entry points.
I post Bitcoin analyzes on my twitter channel so take a look, I already have some good results from my start. I post also my results of my profitable EA forex robot.
https://twitter.com/christopheduh1
Good luck!
Chris
I am a new investor in Bitcoin and I can tell that trading Bitcoin is so much easier that trading Forex. I double my wallet in 3 months with swing trading! I bought Bitcoins between 6000 / 7400 and sold them at 11.500. Last days I bought Bitcoins between 7300 and 8100 and I still have them.
The important thing is to believe that bitcoin will continue to go up, like me, so you can find the good entry points.
I post Bitcoin analyzes on my twitter channel so take a look, I already have some good results from my start. I post also my results of my profitable EA forex robot.
https://twitter.com/christopheduh1
Good luck!
Chris
That is not actually the problem. Okay you can tell that it is easy because you made success with your predictions. But there will always be those who are expecting more.
Let us make yours as an example also.
One person bought at 6000 and waited for the pump. Saw 11,500 at the exchange and he did not trade it to USD. Why? Who doesnt more? What if it goes up again? What if it never goes down?
Just like you said, believe that bitcoin will continue to go up. So that is what they did. Waited even if they almost doubled their money. Greed is a deadly sin or maybe they are the new strong hands who will hold bitcoin.
Yeah until you make a bad trade and have your whole investment locked up into that trade. Trading cryptocurrencies is just like gambling. You can never be sure when the price comes crashing down and you lose more than 50% of your investment.
Ditto, I agree with your on the opinion that bad trading. Most people whom have started out in trading and make their first and second gains will always feel excited and think that trading is easy. When the market start becoming unstable; they will be the first to whine about it. Most times, its just by luck that some traders make gains in trading because I believe the matket is somehow manipulated by top whale investors for their own gain. Jump to: