Topic: Trading Bitcoin is pretty easy - page 6. (Read 1928 times)
You mentioned that Bitcoin trading is easier than forest trading, that I can agree on. But telling me that trading Bitcoin is quite easy is a no no for me. Probably you happen to buy when the dip was on and made quite a few bucks when it rose. Now you see how easy that turned out and your thinking wow, I have been waiting my time trading forex all this while. An advice, there are good days in bitcoin trading but remember that bitter leaf soup exists and be ready for its taste. That's all I have to say for now.
Trading cryptocurrency especially bitcoin is an easy job to do. We just buy, hold and sell whenever we got profit. The hard part is when have to make the decisions related the best time to make the buy and sell orders.
- Every problem has its own complexity, looking from the outside, people always think that trading bitcoin would be very easy but they never pose the question, why do not many people choose this job for a better income? Instead, they choose to trade altcoin. And the answer is what you are saying, the time is right for buying and selling, it is always something that makes us all very headache, the value and variability of bitcoin is huge, with only one wrong selection, we will also spend months waiting for the recovery, and not too many people like this, it is not an easy resultTrading cryptocurrency especially bitcoin is an easy job to do. We just buy, hold and sell whenever we got profit. The hard part is when have to make the decisions related the best time to make the buy and sell orders.
- Every problem has its own complexity, looking from the outside, people always think that trading bitcoin would be very easy but they never pose the question, why do not many people choose this job for a better income? Instead, they choose to trade altcoin. And the answer is what you are saying, the time is right for buying and selling, it is always something that makes us all very headache, the value and variability of bitcoin is huge, with only one wrong selection, we will also spend months waiting for the recovery, and not too many people like this, it is not an easy result
Trading is certainly an easy thing, we just need to determine the price we want to buy or sell, but the difficult thing is to get profit because the price of bitcoin is always difficult to guess.
Trading bitcoin is easy for those that can control their impulses and be focused on the outcome of bitcoin behavioural pattern. The patience, the insight and foresight is what makes you money in cryptocurrency trading.
If you want to make it easy for yourself then learn and read more about it, the factors processes and overall procedure and benefits in different places in perfect timings are all necessary to understand. On the other hand if you want to make it difficult for yourself then you will face with difficulties because handling situations require your knowledge in its absence you will perform wrong decisions which will result in loss so knowledge will lighten your way towards profit.
BTC is currently sitting at the $7560 mark and is down approximately 2% since our last TA update.
Selling pressure is weighing down on the overall BTC market however, we did see a strong rebound at the $7480 level.
As can be seen from the chart, this level has historically been a strong resistance level and is now acting as a support.
We’re expecting price to come down and retest the $7,480 level – we will be watching closely for signs of strength at this point and may enter long depending on the price action.
Of course, it is entirely possible that price slips down further to the $7,200 level. - beyond this we could likely be exposed to the low $6,000 levels.
We’re not certain at this point and CIM is happy to be watching from the sidelines. As always, we will be sure to keep you updated with our views.
Selling pressure is weighing down on the overall BTC market however, we did see a strong rebound at the $7480 level.
As can be seen from the chart, this level has historically been a strong resistance level and is now acting as a support.
We’re expecting price to come down and retest the $7,480 level – we will be watching closely for signs of strength at this point and may enter long depending on the price action.
Of course, it is entirely possible that price slips down further to the $7,200 level. - beyond this we could likely be exposed to the low $6,000 levels.
We’re not certain at this point and CIM is happy to be watching from the sidelines. As always, we will be sure to keep you updated with our views.
Trading cryptocurrency especially bitcoin is an easy job to do. We just buy, hold and sell whenever we got profit. The hard part is when have to make the decisions related the best time to make the buy and sell orders.
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
Yeah! That’s true swing trading are very valuable strategy to earn more. Yes, bitcoin is good investment. Good for you, you found that strategy. Power!!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
Yes, at first I thought it was very easy to make a profit. But after I split my account, I did not think so
Trading cryptocurrency especially bitcoin is an easy job to do. We just buy, hold and sell whenever we got profit. The hard part is when have to make the decisions related the best time to make the buy and sell orders.
- Every problem has its own complexity, looking from the outside, people always think that trading bitcoin would be very easy but they never pose the question, why do not many people choose this job for a better income? Instead, they choose to trade altcoin. And the answer is what you are saying, the time is right for buying and selling, it is always something that makes us all very headache, the value and variability of bitcoin is huge, with only one wrong selection, we will also spend months waiting for the recovery, and not too many people like this, it is not an easy result
I see you why you can take that argument. Maybe with a little profite you has get wrong argument. In My way, I centainly agree with you about trading Bitcoin can bee more easy than Forex. But in real opinion is the Bitcoin trading give more risk than Forex and that is very reasonable and relevant to economic theory. In My side, Bitcoin trading is full of mysterys and you must be prepared with whatever happens.
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
Yeah! That’s true swing trading are very valuable strategy to earn more. Yes, bitcoin is good investment. Good for you, you found that strategy. Power!! 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
for us to trade bitcoin is also a positive thing, you can get more benefits, because the price of bitcoin every day also increases, so I'm sure you will also find it easier to get good profits.
Trading bitcoin is easy but once the bitcoi decreased I don't think it will be easy because you will lose some of your money.
But bitcoin is easy to hold because you only wait the price increase before you sell it and to make a profit.
Trading is an easy thing to do but making profit out of trading is another thing. You should trust your instinct to make decisions on what coins to buy and what to sell.But bitcoin is easy to hold because you only wait the price increase before you sell it and to make a profit.
really agree with you to get a profit also don't forget there is a luck factor too, even though you currently have a good knowledge about trading crypto currencies
It's easy when your a swing trader but for day traders the price fluctuations was a dilemma and many has lost some profit including me. And now im stuck without trading for months because i bought bitcoin when it started to fall down in $9000 threshold but it went down even further and for me that was unexpected. That taught to me dont rely on technical analysis to much.
Trading is easy but choosing the right time to trade is difficult, the market is always volatile and no one can know how the market trend is increasing, so it will be a disadvantage. for new investors.
I will like to be in agreement with this statement. If you focus your energy on trading bitcoin, even without the rigour of technical analysis, you will be able to predict the movement of bitcoin and doing so accurately will lead to you making profit.
For people who know and understand about the bitcoin market, it will be said that bitcoin trading is quite easy, but for beginners who do not know at all about the bitcoin market and just learn about bitcoin and just learning investment in bitcoin will say it's difficult even very difficult . Especially with the situation of bitcoin trading which is always uncertain, making beginners panic, a trading must really understand the bitcoin market situation, not only holding bitcoin holding and selling when the market price rises but also trading in the day.
of course trading in bitcoin will be very easy if we have the knowledge and a good strategy to be able to get profit because not everyone can be lucky and do a good strategy, so trading will be a problem for them
indeed trading in bitcoin is very easy when it is learned about trading, if we want to learn about trading properly we would be easy to trade in the trading market.
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