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Topic: What Is Bitcoin Trading and Why It's risky? (Read 26347 times)

copper member
Activity: 463
Merit: 251
Crypto currency trading is always high risk.I think trading is one kind of gambling.its personal opinion may be different for many people.
sr. member
Activity: 714
Merit: 254
Bitcoin not made only for trading, We can use bitcoin in almost every field of life and about trading, than bitcoin is best for trading.
Spouse if you want to do altcoin trading, than no other crypto can comparison with bitcoin. But my first time when i use bitcoin for amount transfer in a cheap rate.

We knows that bitcoin can be used in many places but here the talk is about trading and risk factors only. Please keep note that trading is one of the best option to make bitcoin without big risks. Always you need to moniter the price chart without a gap and set the trade for the trade in your account in exchanges. Then you can simply make bitcoin easily.
That's not correct, trading is risky because you are gambling with your money, no one can predict the price and although you are making a study it will not guarantee you success, you still have the risk of losing. Risk depends on who manage the trading, if such person lacks knowledge then it means bigger risk and the best thing you can do is just to minimize but not to eliminate risk.

Yes, trade is like gambling, because no one can give an accurate forecast even with a huge amount of experience and knowledge. You can only trade for money that is not terrible to lose.
I don't agree that bitcoin is like gambling, yes they both needs strategy and of course you have to take the risk. But, it is more risky in gambling, in trading you can always forecast through its history, although it is not that accurate but at least you have the basis whether you will trade your money or not.
sr. member
Activity: 301
Merit: 250
Bitcoin not made only for trading, We can use bitcoin in almost every field of life and about trading, than bitcoin is best for trading.
Spouse if you want to do altcoin trading, than no other crypto can comparison with bitcoin. But my first time when i use bitcoin for amount transfer in a cheap rate.

We knows that bitcoin can be used in many places but here the talk is about trading and risk factors only. Please keep note that trading is one of the best option to make bitcoin without big risks. Always you need to moniter the price chart without a gap and set the trade for the trade in your account in exchanges. Then you can simply make bitcoin easily.
That's not correct, trading is risky because you are gambling with your money, no one can predict the price and although you are making a study it will not guarantee you success, you still have the risk of losing. Risk depends on who manage the trading, if such person lacks knowledge then it means bigger risk and the best thing you can do is just to minimize but not to eliminate risk.

Yes, trade is like gambling, because no one can give an accurate forecast even with a huge amount of experience and knowledge. You can only trade for money that is not terrible to lose.
full member
Activity: 181
Merit: 100
Bitcoin not made only for trading, We can use bitcoin in almost every field of life and about trading, than bitcoin is best for trading.
Spouse if you want to do altcoin trading, than no other crypto can comparison with bitcoin. But my first time when i use bitcoin for amount transfer in a cheap rate.

We knows that bitcoin can be used in many places but here the talk is about trading and risk factors only. Please keep note that trading is one of the best option to make bitcoin without big risks. Always you need to moniter the price chart without a gap and set the trade for the trade in your account in exchanges. Then you can simply make bitcoin easily.
That's not correct, trading is risky because you are gambling with your money, no one can predict the price and although you are making a study it will not guarantee you success, you still have the risk of losing. Risk depends on who manage the trading, if such person lacks knowledge then it means bigger risk and the best thing you can do is just to minimize but not to eliminate risk.

Minimize the risk is possible only when there is experience and knowledge. Beginners often do not have this, and therefore they lose a lot. Before you start trading large amounts, you need to train on small amounts
hero member
Activity: 3052
Merit: 685
Bitcoin not made only for trading, We can use bitcoin in almost every field of life and about trading, than bitcoin is best for trading.
Spouse if you want to do altcoin trading, than no other crypto can comparison with bitcoin. But my first time when i use bitcoin for amount transfer in a cheap rate.

We knows that bitcoin can be used in many places but here the talk is about trading and risk factors only. Please keep note that trading is one of the best option to make bitcoin without big risks. Always you need to moniter the price chart without a gap and set the trade for the trade in your account in exchanges. Then you can simply make bitcoin easily.
That's not correct, trading is risky because you are gambling with your money, no one can predict the price and although you are making a study it will not guarantee you success, you still have the risk of losing. Risk depends on who manage the trading, if such person lacks knowledge then it means bigger risk and the best thing you can do is just to minimize but not to eliminate risk.
hero member
Activity: 1008
Merit: 537
Bitcoin not made only for trading, We can use bitcoin in almost every field of life and about trading, than bitcoin is best for trading.
Spouse if you want to do altcoin trading, than no other crypto can comparison with bitcoin. But my first time when i use bitcoin for amount transfer in a cheap rate.

We knows that bitcoin can be used in many places but here the talk is about trading and risk factors only. Please keep note that trading is one of the best option to make bitcoin without big risks. Always you need to moniter the price chart without a gap and set the trade for the trade in your account in exchanges. Then you can simply make bitcoin easily.
newbie
Activity: 35
Merit: 0
Bitcoin is like any other investment.  It has a risk profile of price fluctuations.  Bitcoin not being tied to any government or specific economic zone is therefore more risky as it is not backed by any intrinsic value and it's price can fluctuate wildly and very quickly.  Never invest funds you cannot afford to lose as there are no guarantees that the price will go up or even stay the same and you could lose much of your investment.
newbie
Activity: 182
Merit: 0
I think there is a risk of losing trades both bitcoin and forex trading if we are less careful in analyzing market movements it would be very good to start trading from demo accounts to increase trading knowledge and understanding.
hero member
Activity: 1092
Merit: 500
I think it will not be risky if you are intelligent and will have full knowledge about trade,

if you want to know about trade, then I will say that trade is simple buying with lower price and selling them at higher price. and for remaining details you can see the detailed tutorials available in various articles available on google.
Yes agreed, if you know what you are doing you can never do something wrong with just like in the examination if you know the right answer you are confident that your answer's is right, same thing in trading, if you know the coin you are trading it, no doubt for you that your going to have profit in a long run.
sr. member
Activity: 826
Merit: 252
Bitcoin trading is the same as trading currency as well, the different thing is only currency it seft. The risk is the same as the trade itself, loss. Such as loss money and mindset. You must have control of your money, mind before they crush everything you have. I believe demo account and more reading will open your mind about the trade itself. Have a nice day and good luck
hero member
Activity: 2506
Merit: 644
Eloncoin.org - Mars, here we come!
Bitcoin not made only for trading, We can use bitcoin in almost every field of life and about trading, than bitcoin is best for trading.
Spouse if you want to do altcoin trading, than no other crypto can comparison with bitcoin. But my first time when i use bitcoin for amount transfer in a cheap rate.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
I think it will not be risky if you are intelligent and will have full knowledge about trade,

if you want to know about trade, then I will say that trade is simple buying with lower price and selling them at higher price. and for remaining details you can see the detailed tutorials available in various articles available on google.

It may be risky a little bit but worth it to wait. Risky in some part because if you invest on the wrong coin you must say goodbye to your money, it is to lose a money there if you dont know what trading is, be sure that you know what you are entering. If you know all the aspects then expect a very big of profit when you invest to the right coin.
to me i think there is always risk in  trading and investment, if you have good experience in trading and investment then you can minimize the risk. it is also depending on your interest. if you are interested in trading then you can show good result in trading and if a person is interested in gambling then he can also make good profit in gambling also.
It depends on our mindset and interest .That is true trading or other investments is risk when we invest there is always a chance ithat it may lose us or earn .the fact that the rich peoples often take risk as much as they can.
Yes risk is always there in both the trading and investment but here it is important to let all know about the type of the risks.

Basically we have two types of risks; Systematic risk & Non-systematic risk. We can only control or minimize the non-systematic risk Systematic Risk cannot be controlled or minimize. The systematic risk involves any natural or manmade disaster. With a clear idea of risk you can work better and perform great. 
This info is helpful. Thank you . Yes in every investment even we say we know how to earn it is a risk and we risk when we were starting .Risking will result in success if we are willing and learnings the techniques that we need to learn .
Risk is everywhere and even on trading and investment but we can minimize the high risk by getting a lot of information and having  a good strategy that can help you to lower the risk and higher the chance of earning money. If you lose because of risk then it will become a lesson for you that you will be wiser in the next future transactions in trading or investment.
sr. member
Activity: 462
Merit: 250
I think it will not be risky if you are intelligent and will have full knowledge about trade,

if you want to know about trade, then I will say that trade is simple buying with lower price and selling them at higher price. and for remaining details you can see the detailed tutorials available in various articles available on google.

It may be risky a little bit but worth it to wait. Risky in some part because if you invest on the wrong coin you must say goodbye to your money, it is to lose a money there if you dont know what trading is, be sure that you know what you are entering. If you know all the aspects then expect a very big of profit when you invest to the right coin.
to me i think there is always risk in  trading and investment, if you have good experience in trading and investment then you can minimize the risk. it is also depending on your interest. if you are interested in trading then you can show good result in trading and if a person is interested in gambling then he can also make good profit in gambling also.
It depends on our mindset and interest .That is true trading or other investments is risk when we invest there is always a chance ithat it may lose us or earn .the fact that the rich peoples often take risk as much as they can.
Yes risk is always there in both the trading and investment but here it is important to let all know about the type of the risks.

Basically we have two types of risks; Systematic risk & Non-systematic risk. We can only control or minimize the non-systematic risk Systematic Risk cannot be controlled or minimize. The systematic risk involves any natural or manmade disaster. With a clear idea of risk you can work better and perform great. 
This info is helpful. Thank you . Yes in every investment even we say we know how to earn it is a risk and we risk when we were starting .Risking will result in success if we are willing and learnings the techniques that we need to learn .
legendary
Activity: 1232
Merit: 1029
I think it will not be risky if you are intelligent and will have full knowledge about trade,

if you want to know about trade, then I will say that trade is simple buying with lower price and selling them at higher price. and for remaining details you can see the detailed tutorials available in various articles available on google.

It may be risky a little bit but worth it to wait. Risky in some part because if you invest on the wrong coin you must say goodbye to your money, it is to lose a money there if you dont know what trading is, be sure that you know what you are entering. If you know all the aspects then expect a very big of profit when you invest to the right coin.
to me i think there is always risk in  trading and investment, if you have good experience in trading and investment then you can minimize the risk. it is also depending on your interest. if you are interested in trading then you can show good result in trading and if a person is interested in gambling then he can also make good profit in gambling also.
It depends on our mindset and interest .That is true trading or other investments is risk when we invest there is always a chance ithat it may lose us or earn .the fact that the rich peoples often take risk as much as they can.
Yes risk is always there in both the trading and investment but here it is important to let all know about the type of the risks.

Basically we have two types of risks; Systematic risk & Non-systematic risk. We can only control or minimize the non-systematic risk Systematic Risk cannot be controlled or minimize. The systematic risk involves any natural or manmade disaster. With a clear idea of risk you can work better and perform great. 
hero member
Activity: 1204
Merit: 505
Bitcoin trading is not easy because of so much volatility of the price so in just a matter of seconds or minute there is a chance for you to earn or to loss some amounts.
That is right, and apart from that bitcoin trading requires a lot of skill and experience, and to do that you need to learn how the markets works so you can control how you earn your profit, whether you are for the long term or the short term, and they are different since the long term involves more risk, and also you need to experience it first before jumping into the real thing so you can limit your losses because people have a wrong idea about trading because they fail in it.
Indeed and emotions sometimes get the better of us because we might not sell the coins when its being dumped finally and that is plain as holding dust, and hence emotions might force us to sell the coins.
Bitcoins trading is not dangerous but it's dangerous in it's own ways as you might buy bitcoins at 1200$ and the price drops to 600$ in few weeks and then to raise back to 1200$ it might need 6 months.
hero member
Activity: 854
Merit: 504
Hello folks!

I'm thinking about starting to trade with Bitcoin, but I see people saying that It's risky & almost like gambling.

I think that I mis-understand the meaning of trading.

For me trading Is for EXAMPLE, buying Bitcoin when It's at 550$ and selling It when It's at 670$. This Isn't risky because If Its value doesn't Increase, you'll just have to keep It until It gets higher enough, Is this trading?

I would really appreciate If people clarified more! Thankx Wink
As you said, buying for 550$ and selling for 670$, yes that is the good part of trading.

But do you think of the other part, asin the opposite of what you said, at this time buying with 550$ and there was a fall in the price of the coin you bought from 550$ to 100$ or less, and its not acting to showing if it will increase soon. Now that is the risk behind trading.
In general, in my understanding, trading in securities, as well as real currency or a crypto currency, carries a certain risk. Even though the trader could have a strong enough knowledge and understanding of the market.
That's pretty true. Even I also think that not only Bitcoin trading, but others you must be carrying a certain risk. As it's a long term process and you become profit at the end so trading with Bitcoin has its own advantages and risks.
hero member
Activity: 1386
Merit: 504
Hello folks!

I'm thinking about starting to trade with Bitcoin, but I see people saying that It's risky & almost like gambling.

I think that I mis-understand the meaning of trading.

For me trading Is for EXAMPLE, buying Bitcoin when It's at 550$ and selling It when It's at 670$. This Isn't risky because If Its value doesn't Increase, you'll just have to keep It until It gets higher enough, Is this trading?

I would really appreciate If people clarified more! Thankx Wink
As you said, buying for 550$ and selling for 670$, yes that is the good part of trading.

But do you think of the other part, asin the opposite of what you said, at this time buying with 550$ and there was a fall in the price of the coin you bought from 550$ to 100$ or less, and its not acting to showing if it will increase soon. Now that is the risk behind trading.
In general, in my understanding, trading in securities, as well as real currency or a crypto currency, carries a certain risk. Even though the trader could have a strong enough knowledge and understanding of the market.
Yes ,ofcourse then if trading is not having a risk if you master the trade people will go to it no matter what . Thats why some quit and some are facing the risk to learn for them to earn it will give you more advantage to the newbies .it is by generation and time .
full member
Activity: 189
Merit: 100
Hello folks!

I'm thinking about starting to trade with Bitcoin, but I see people saying that It's risky & almost like gambling.

I think that I mis-understand the meaning of trading.

For me trading Is for EXAMPLE, buying Bitcoin when It's at 550$ and selling It when It's at 670$. This Isn't risky because If Its value doesn't Increase, you'll just have to keep It until It gets higher enough, Is this trading?

I would really appreciate If people clarified more! Thankx Wink
As you said, buying for 550$ and selling for 670$, yes that is the good part of trading.

But do you think of the other part, asin the opposite of what you said, at this time buying with 550$ and there was a fall in the price of the coin you bought from 550$ to 100$ or less, and its not acting to showing if it will increase soon. Now that is the risk behind trading.
In general, in my understanding, trading in securities, as well as real currency or a crypto currency, carries a certain risk. Even though the trader could have a strong enough knowledge and understanding of the market.
sr. member
Activity: 588
Merit: 251
Hello folks!

I'm thinking about starting to trade with Bitcoin, but I see people saying that It's risky & almost like gambling.

I think that I mis-understand the meaning of trading.

For me trading Is for EXAMPLE, buying Bitcoin when It's at 550$ and selling It when It's at 670$. This Isn't risky because If Its value doesn't Increase, you'll just have to keep It until It gets higher enough, Is this trading?

I would really appreciate If people clarified more! Thankx Wink
As you said, buying for 550$ and selling for 670$, yes that is the good part of trading.

But do you think of the other part, asin the opposite of what you said, at this time buying with 550$ and there was a fall in the price of the coin you bought from 550$ to 100$ or less, and its not acting to showing if it will increase soon. Now that is the risk behind trading.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
I think it will not be risky if you are intelligent and will have full knowledge about trade,

if you want to know about trade, then I will say that trade is simple buying with lower price and selling them at higher price. and for remaining details you can see the detailed tutorials available in various articles available on google.

It may be risky a little bit but worth it to wait. Risky in some part because if you invest on the wrong coin you must say goodbye to your money, it is to lose a money there if you dont know what trading is, be sure that you know what you are entering. If you know all the aspects then expect a very big of profit when you invest to the right coin.
Actually trading bitcoins for dollars is not risky rather requires enormous patience as sometimes right after you have invested the price of bitcoin's fall dramatically and you feel very anxious and feel like selling them for the current price accepting the loss.

That is where patience is needed because since years the price has increased then decreased and so on .. just need to make sure you don't shake with the shaky price changes.
Yes patience is the key for bitcoin trading or even investing because it needs a lot of time before you can see great amount of profits, most of the times in bitcoin industry it goes up and down and sometimes it goes down very hard and that is a huge opportunity for other people like long term investor that those panic sellers that don't have patience will be the losers here. So it is very important to have a lot of patience in bitcoin trading or investing.
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