Ups and Downs ! - page 4. | Bitcointalksearch.org

mrr09

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Quote from: talkbitcoin on November 19, 2016, 07:44:08 AM

Quote from: mrr09 on November 19, 2016, 07:19:55 AM

What do you think about the ups and downs of the currency Bitcoin ?
Whether it's an advantage or a disadvantage?

everything that is being traded with money has ups and downs even a cup of coffee can go up and down like for example if coffee import encounters some troubles and the supply of coffee is decreased in the country!

so it is not really a disadvantage. and if you are a trader then it is actually an opportunity to make profit.
although if you look at bitcoin as a currency then it is not so favorable to have its price swing around so much. but a little volatility (something i hope we see in a couple of years) is ok.

Yup, you're right all the options are still within our grasp, either for profit or loss that would be acceptable. Depending on how we as a trader responds.

Quote from: Zadicar on November 19, 2016, 08:30:30 AM

Quote from: mrr09 on November 19, 2016, 07:19:55 AM

What do you think about the ups and downs of the currency Bitcoin ?
Whether it's an advantage or a disadvantage?

Ups and Downs on bitcoins price is a normal thing and also to all currencies out there because there are people who do trades and buy and sell on bitcoin thats why its why the price really move up and downs. Short traders do make profits when the price tends to move down and sell it again when the price rise again.

Sell when prices rise and buying when prices fall were the basis for trade and it is a sure thing will do all trader.

Quote from: jhenfelipe on November 19, 2016, 10:33:38 AM

Quote from: ~Bitcoin~ on November 19, 2016, 09:59:56 AM

Ups (pumps) = Good to sell part of your bitcoin to have some cash in hands to buy cheap bitcoin on dumps
Downs (dumps) = Good opportunity to buy cheap bitcoins using all fiat you have or half of fiat.

If you are looking for long term holding, don't look at short term ups and downs just relax with your bitcoin in safe place and keep an eye on bitcoin markets.

The advantage of Ups and Downs (swing) in bitcoin price is opportunity of profit it create for day traders.

This is right. I think traders will find the info mentioned above as advantages, for both ups and downs. I do agree too because I'm also doing it that way sometimes when I'm trading, grabbing the opportunity to buy bitcoin when the price is low and sell when high. However, there's no guaranteed profit because it's risky. Merchants' opinion might be different too imo (just no idea if they like sudden price change).

Yes, sometimes when the tidal occurred thing to note is that sudden changes in the exchange rate change and if it happens, only losses obtained.

Oilacris

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Quote from: ~Bitcoin~ on November 19, 2016, 09:59:56 AM

Ups (pumps) = Good to sell part of your bitcoin to have some cash in hands to buy cheap bitcoin on dumps
Downs (dumps) = Good opportunity to buy cheap bitcoins using all fiat you have or half of fiat.

If you are looking for long term holding, don't look at short term ups and downs just relax with your bitcoin in safe place and keep an eye on bitcoin markets.

The advantage of Ups and Downs (swing) in bitcoin price is opportunity of profit it create for day traders.

This is an accurate answer to op's question, this is what I'm thinking too hence you already mentioned I won't repeat it again. Moving prices of bitcoin is not a shocking news as long there are players on the market then it would definitely move. Just as mentioned be prepared on when to sell or when to buy because opportunities might happen on an instant. If you'd like to make profits then you should be attentive on bitcoin price movement.

btcdevil

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Quote from: mrr09 on November 19, 2016, 07:19:55 AM

What do you think about the ups and downs of the currency Bitcoin ?
Whether it's an advantage or a disadvantage?

When you think that Bitcoin as currency then i think it is disadvantage but if you take bitcoin as investment then it is good as your price of purchase going up and when you sell you will yield profit but if you take in trading then it is good as when their is lot of trading then it means that the product is valuable

jhenfelipe

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Quote from: ~Bitcoin~ on November 19, 2016, 09:59:56 AM

Ups (pumps) = Good to sell part of your bitcoin to have some cash in hands to buy cheap bitcoin on dumps
Downs (dumps) = Good opportunity to buy cheap bitcoins using all fiat you have or half of fiat.

If you are looking for long term holding, don't look at short term ups and downs just relax with your bitcoin in safe place and keep an eye on bitcoin markets.

The advantage of Ups and Downs (swing) in bitcoin price is opportunity of profit it create for day traders.

This is right. I think traders will find the info mentioned above as advantages, for both ups and downs. I do agree too because I'm also doing it that way sometimes when I'm trading, grabbing the opportunity to buy bitcoin when the price is low and sell when high. However, there's no guaranteed profit because it's risky. Merchants' opinion might be different too imo (just no idea if they like sudden price change).

~Bitcoin~

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Ups (pumps) = Good to sell part of your bitcoin to have some cash in hands to buy cheap bitcoin on dumps
Downs (dumps) = Good opportunity to buy cheap bitcoins using all fiat you have or half of fiat.

If you are looking for long term holding, don't look at short term ups and downs just relax with your bitcoin in safe place and keep an eye on bitcoin markets.

The advantage of Ups and Downs (swing) in bitcoin price is opportunity of profit it create for day traders.

asriloni

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Leading Crypto Sports Betting & Casino Platform

Quote from: mrr09 on November 19, 2016, 07:19:55 AM

What do you think about the ups and downs of the currency Bitcoin ?
Whether it's an advantage or a disadvantage?

It can become advantages for all of the bitcoin users while we were talking about the traders, but it was gonna other if we weren't talking about the trade.
Just a short example, The volatility was becoming the primary source of the trader which can make some profit for them. no volatility = no trade.

Zadicar

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Quote from: mrr09 on November 19, 2016, 07:19:55 AM

What do you think about the ups and downs of the currency Bitcoin ?
Whether it's an advantage or a disadvantage?

Ups and Downs on bitcoins price is a normal thing and also to all currencies out there because there are people who do trades and buy and sell on bitcoin thats why its why the price really move up and downs. Short traders do make profits when the price tends to move down and sell it again when the price rise again.

OmegaStarScream

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Quote from: mrr09 on November 19, 2016, 07:19:55 AM

What do you think about the ups and downs of the currency Bitcoin ?
Whether it's an advantage or a disadvantage?

With everything going on in India with cash and stuff , I guess It should be safe to say that this is an advantage as the price is increasing for a "reason". As long as the price increases with stability and without manipulations and pump-dump from big whales , It should be considered as an advantage otherwise It's a disadvantage . Experts in trading will still manage to make profit either way .

ethereumhunter

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Quote from: mrr09 on November 19, 2016, 07:19:55 AM

What do you think about the ups and downs of the currency Bitcoin ?
Whether it's an advantage or a disadvantage?

i think its normal for the situations now and if there is no ups and downs, how the market can make movement and how we can make profit? i think its an advantage for us to make profit from the differences of the price and if we can catch the opportunity of this then we can really make a good profit.

talkbitcoin

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Quote from: mrr09 on November 19, 2016, 07:19:55 AM

What do you think about the ups and downs of the currency Bitcoin ?
Whether it's an advantage or a disadvantage?

everything that is being traded with money has ups and downs even a cup of coffee can go up and down like for example if coffee import encounters some troubles and the supply of coffee is decreased in the country!

so it is not really a disadvantage. and if you are a trader then it is actually an opportunity to make profit.
although if you look at bitcoin as a currency then it is not so favorable to have its price swing around so much. but a little volatility (something i hope we see in a couple of years) is ok.

mrr09

newbie

Activity: 19

Merit: 0

What do you think about the ups and downs of the currency Bitcoin ?
Whether it's an advantage or a disadvantage?

Topic: Ups and Downs ! - page 4. (Read 3330 times)