Topic: Ups and Downs ! - page 2. (Read 3330 times)
Ups and down is the nature of bitcoin, you can see that some time the price of bitcoin increase while other time it fell down to some limit in recent days we can see that the price of bitcoin raise to 750USD while after some time it come down aging to 730 USD actually it depends on demand of the people when demand increase price also increase.
What do you think about the ups and downs of the currency Bitcoin ?
Whether it's an advantage or a disadvantage?
Whether it's an advantage or a disadvantage?
it depends on how you use it and how big are those ups and downs.
if you are a trader and doing it for short term and everyday then you would love it no matter which way the price is going because it is all chances for making more profit.
but if you are a long term trader then you would prefer only upward movement in long term and don't care about ups and downs of short term.
and if you are a user, wanting to use bitcoin as currency then it can be a bit nerve wrecking if you want to spend it with a volatile price specially if the price changes a lot.
What do you think about the ups and downs of the currency Bitcoin ?
Whether it's an advantage or a disadvantage?
That the good one about bitcoin that the price goes ups and down because we can get profit on it. Advantage to those who has many bitcoin because they get a big profit once bitcoin goes up.Whether it's an advantage or a disadvantage?
Unlike Forex trading, only very few exchanges are having the facility of short trading, so making use of downs is not bidirectional for bitcoin traders.
What do you think about the ups and downs of the currency Bitcoin ?
Whether it's an advantage or a disadvantage?
That the good one about bitcoin that the price goes ups and down because we can get profit on it. Advantage to those who has many bitcoin because they get a big profit once bitcoin goes up. Whether it's an advantage or a disadvantage?
What do you think about the ups and downs of the currency Bitcoin ?
Whether it's an advantage or a disadvantage?
Whether it's an advantage or a disadvantage?
No disadvantages here, only profit chances. A good thing about bitcoin is the price going up and down all day long.
Traders can make more profit along the day, just buying and selling btcs. Good method to earn more and more with this currency. And in the end of the day we don't need to worry, because we know the btc price never will go down a lot, we have the sure this coin won't die.
What do you think about the ups and downs of the currency Bitcoin ?
Whether it's an advantage or a disadvantage?
Whether it's an advantage or a disadvantage?
No disadvantages here, only profit chances. A good thing about bitcoin is the price going up and down all day long.
Traders can make more profit along the day, just buying and selling btcs. Good method to earn more and more with this currency. And in the end of the day we don't need to worry, because we know the btc price never will go down a lot, we have the sure this coin won't die.
What do you think about the ups and downs of the currency Bitcoin ?
Whether it's an advantage or a disadvantage?
Whether it's an advantage or a disadvantage?
No disadvantages here, only profit chances. A good thing about bitcoin is the price going up and down all day long.
Traders can make more profit along the day, just buying and selling btcs. Good method to earn more and more with this currency. And in the end of the day we don't need to worry, because we know the btc price never will go down a lot, we have the sure this coin won't die.
It is all part of trading. That is why you should always read news about the commodity you are trading so you can anticipate if the movement will shift. Technical analysis is one thing, being aware is another.
if you could take advantage of the situations down trend or up trend i'm sure you could got profit from that and this situations is common happening on every currency even dollar also have it so it is normally and as basic law trading says that buy when the price down and sell when the price rise up
but i think it is really very difficult job to understand the ups and down trend of the bitcoin, as no one know in advance that when the price of bitcoin is going to up or when then price of bitcoin can fell down so as to sell bitcoin before the downfall started. if you could take advantage of the situations down trend or up trend i'm sure you could got profit from that and this situations is common happening on every currency even dollar also have it so it is normally and as basic law trading says that buy when the price down and sell when the price rise up
but i think it is really very difficult job to understand the ups and down trend of the bitcoin, as no one know in advance that when the price of bitcoin is going to up or when then price of bitcoin can fell down so as to sell bitcoin before the downfall started. For bigger institutions like banks, organizations, companies and other such types, this is a disadvantage because they would definitely not like it as a currency, but for investors, these ups and downs are a lot advantageous based on their high returns which attract them.
Why would banks and all related institutions make use of something as Bitcoin while they can use their so loved fiat in ultimate silence? Doesn't really make sense. Other than that, the volatility is the main reason of why traders like Bitcoin so much. Smart traders can make themselves a great profit on a yearly basis with relatively low effort as these price swings are more or less predictable to a certain extent.
For bigger institutions like banks, organizations, companies and other such types, this is a disadvantage because they would definitely not like it as a currency, but for investors, these ups and downs are a lot advantageous based on their high returns which attract them.
The ups and down of the currency of bitcoin is likely normal that
happens in trading such currency. Their is always a fluctuation
that happen when we trade. Like in the stock market, so this
is normal, and traders are earnings of ups and downs things.
happens in trading such currency. Their is always a fluctuation
that happen when we trade. Like in the stock market, so this
is normal, and traders are earnings of ups and downs things.
What do you think about the ups and downs of the currency Bitcoin ?
Whether it's an advantage or a disadvantage?
The big advantage of the bitcoin price is when you are trading bitcoin into usd with short term of trading you can really make some profit im trading my bitcoin or selling my bitcoin into exchange website and then going to buy bitcoin again if the price drop into 4 to 6 dollars and wait for the bitcoin price hit the 10 to 20$ bump or more. Whether it's an advantage or a disadvantage?
What do you think about the ups and downs of the currency Bitcoin ?
Whether it's an advantage or a disadvantage?
Whether it's an advantage or a disadvantage?
It is an advantage if you know the could predict the right movement of it. Disadvantage for those who are just slacking and just waiting for just the upward movement of bitcoin. When it is down they get sad which is good for traders.
ups and downs is the thing that the traders looking for, that is where traders earn profit and it is the time for professional trader to predict the bitcoin price to earn more profit, up and downs is good for daily trading, the one that trader afraid of is the price won't go up after it's going down like most of alt coin case
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
if you could take advantage of the situations down trend or up trend i'm sure you could got profit from that and this situations is common happening on every currency even dollar also have it so it is normally and as basic law trading says that buy when the price down and sell when the price rise up
but i think it is really very difficult job to understand the ups and down trend of the bitcoin, as no one know in advance that when the price of bitcoin is going to up or when then price of bitcoin can fell down so as to sell bitcoin before the downfall started.
I'm perfectly fine with frequent price swings as it allows me to increase the number of coins that I have. This is my first priority. I just want to see my stash growing and growing. I am so dedicated, that I barely convert any of my profits to fiat.
But then again, I am fairly sure that not everyone thinks in the same way as I think. Especially when it comes to people only looking to use Bitcoin as a currency tool. Everything is fine as long as the price keeps going up, but as soon as the price starts heading down, these people will get a bad taste in their mouth. It's no fun that when you buy exactly $100 worth of coins to purchase something, that one hour later the value drops to $95. It means they have to add an extra $5 bucks just to buy what they intented to buy.
But then again, I am fairly sure that not everyone thinks in the same way as I think. Especially when it comes to people only looking to use Bitcoin as a currency tool. Everything is fine as long as the price keeps going up, but as soon as the price starts heading down, these people will get a bad taste in their mouth. It's no fun that when you buy exactly $100 worth of coins to purchase something, that one hour later the value drops to $95. It means they have to add an extra $5 bucks just to buy what they intented to buy.
What do you think about the ups and downs of the currency Bitcoin ?
Whether it's an advantage or a disadvantage?
Whether it's an advantage or a disadvantage?
if you trading use margin trading
whatever bitcoin pirce up or down you can advantage and still profit
if down trend you can margin short(margin selling) so you can still profit
$BIT just took the ATH trading at 750ish, how high do you guys think this will go?
Jump to: