What Is Bitcoin Trading and Why It's risky? - page 10.

kidoseagle0312

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Quote from: MehdiBmm on August 04, 2016, 02:36:17 PM

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

Bitcoin trading is a location where everybody in the exchange site are buying high and low of the coins. Until they reach the price that they'e been waiting for til has been sold, But while doing trade, there is risk involve in by doing that matter.

meelvanchris

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Quote from: whizter on January 28, 2017, 06:27:06 PM

ftp://

Quote from: markyminer on January 26, 2017, 07:52:54 AM

Quote from: machinek20 on January 26, 2017, 07:46:37 AM

Trading is an act to buy and sell particular things, but in this case it is crypto currencies, in theory we need to buy low and sell high to gain profit, but in reality there are so many factor that can caused you to lose money, like panic sell or you bought an dead coin, so you need to have knowledge to do trading

yes knowledge, experience and trading are the key tools to success in trading. if you are going to trade a coin, you must have sound knowledge about that coin and you must also have good experience must know some skill of trading and only they you can make money from that currency. and if you do not have any skill and experience in trading then such kind of trading is more risky that gambling.

and to if a person do not have any skill and knowledge about trading alt coin, then he should not take risk and should simple hold bitcoin for the price increase. hope that he will also get good profit from holding bitcoin in long run. but you need to be patient and strong decision taker.

Entering in trading without any knowledge or experience would be really risky and in fact there would be no difference between gambling and trading as you will be depending only on luck to make profits and luck may favor you once or twice but you cannot expect to make profits from trading depending only on luck factor.

whizter

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ftp://

Quote from: markyminer on January 26, 2017, 07:52:54 AM

Quote from: machinek20 on January 26, 2017, 07:46:37 AM

Trading is an act to buy and sell particular things, but in this case it is crypto currencies, in theory we need to buy low and sell high to gain profit, but in reality there are so many factor that can caused you to lose money, like panic sell or you bought an dead coin, so you need to have knowledge to do trading

yes knowledge, experience and trading are the key tools to success in trading. if you are going to trade a coin, you must have sound knowledge about that coin and you must also have good experience must know some skill of trading and only they you can make money from that currency. and if you do not have any skill and experience in trading then such kind of trading is more risky that gambling.

and to if a person do not have any skill and knowledge about trading alt coin, then he should not take risk and should simple hold bitcoin for the price increase. hope that he will also get good profit from holding bitcoin in long run. but you need to be patient and strong decision taker.

Oilacris

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Quote from: ged00u on January 28, 2017, 01:46:26 AM

Quote from: Mallampue on January 23, 2017, 07:04:47 AM

Trading is simple, when the price is low it is time to buy it
and sell when the price is high.

I have to agree to what you say. However, that is only a definition of gambling and I do not think that i will help people a lot in their trading career. Most of the time traders have to spend time on studying and researching the market and improving their skills. If you do not have knowledge or information about it, you probably do not know what time is suitable to buy or to sell you things

Buy low Sell high is just really a basic thing for doing Trading and yes you could able to make money on that but it doesn't work all the way because same as ged00u said you would really need to learn more or the fundamentals of trading because trading is not easy as it sounds or to do so.Maximing your skills and knowledge will really help you out to gain decent profits.

ged00u

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Quote from: Mallampue on January 23, 2017, 07:04:47 AM

Trading is simple, when the price is low it is time to buy it
and sell when the price is high.

I have to agree to what you say. However, that is only a definition of gambling and I do not think that i will help people a lot in their trading career. Most of the time traders have to spend time on studying and researching the market and improving their skills. If you do not have knowledge or information about it, you probably do not know what time is suitable to buy or to sell you things

onrise

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Its a hugely volatile asset class and highly involved risk involved in it since just imagine people who bought @ 1100$ per btc couple of months back and prices tank after that to 800$ as well. So huge loss with huge risk.

leeloo

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Quote from: Mallampue on January 23, 2017, 07:04:47 AM

Trading is simple, when the price is low it is time to buy it
and sell when the price is high.

Please, share with me your millions Grin

markyminer

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Quote from: machinek20 on January 26, 2017, 07:46:37 AM

Trading is an act to buy and sell particular things, but in this case it is crypto currencies, in theory we need to buy low and sell high to gain profit, but in reality there are so many factor that can caused you to lose money, like panic sell or you bought an dead coin, so you need to have knowledge to do trading

yes knowledge, experience and trading are the key tools to success in trading. if you are going to trade a coin, you must have sound knowledge about that coin and you must also have good experience must know some skill of trading and only they you can make money from that currency. and if you do not have any skill and experience in trading then such kind of trading is more risky that gambling.

machinek20

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Trading is an act to buy and sell particular things, but in this case it is crypto currencies, in theory we need to buy low and sell high to gain profit, but in reality there are so many factor that can caused you to lose money, like panic sell or you bought an dead coin, so you need to have knowledge to do trading

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Any store can buy, sell, and accept Crypto

Quote from: agamasrori on January 25, 2017, 10:23:33 PM

Quote from: btcdiggingmaster on January 23, 2017, 07:05:38 AM

Bitcoin trading is one of easiest one out of all other trades like forex, altcoin. But before trading you need learn some skills about market fluctuation, in trading you need to remember one thing that is patience once you loose patience definitely it will leads to loss. In order to make profit with bitcoin buy low and sell them at higher price to reach that price it will take some up to that you have wait patiently.

Any profession is need skill. Of course trading would be risky if you just do it without learning to be better trader. Skilled trader will face lower risk because they can avoid to do mistake. Trading is the best source of bitcoin, trader income can be more than income of manager in company.

Quite sure, peoples who was skilled in trading have so many plan and tricks to avoid losing money on trading while in force situation to loss. For example when the price of coin which they trade suddenly goes down deeply they know to cut loss as soon as possible to reduce totally loss.

agamasrori

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Quote from: btcdiggingmaster on January 23, 2017, 07:05:38 AM

Bitcoin trading is one of easiest one out of all other trades like forex, altcoin. But before trading you need learn some skills about market fluctuation, in trading you need to remember one thing that is patience once you loose patience definitely it will leads to loss. In order to make profit with bitcoin buy low and sell them at higher price to reach that price it will take some up to that you have wait patiently.

Any profession is need skill. Of course trading would be risky if you just do it without learning to be better trader. Skilled trader will face lower risk because they can avoid to do mistake. Trading is the best source of bitcoin, trader income can be more than income of manager in company.

MMA

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Quote from: Superzpay on January 23, 2017, 10:30:40 AM

Quote from: Mallampue on January 23, 2017, 07:04:47 AM

Trading is simple, when the price is low it is time to buy it
and sell when the price is high.

That is a simple way to trade but that is the most risky way to trade because it only depend on the developers as if they will work for their coins then the coin will increase in price while if the developers will not care and will not work to increase the demand of their coin then the trader of that type will lose. The best way is to invest in only legit cons and have to adopt the strategy of short term and long term investment and have to focus on fluctuations and to earn from these ups and downs in fluctuations.

i think this sentence is good for altcoins and specially for such coins which are under develop and need more hard work form the developer, but if we speak about bitcoin i think it do not need any developer now, because bitcoin is now one of the most popular crypto currency of the world and people are joining it continuously. hope very soon majority of the people in all over the world will be starting bitcoin and bitcoin will facilitate them in a better way.

Superzpay

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Quote from: Mallampue on January 23, 2017, 07:04:47 AM

Trading is simple, when the price is low it is time to buy it
and sell when the price is high.

That is a simple way to trade but that is the most risky way to trade because it only depend on the developers as if they will work for their coins then the coin will increase in price while if the developers will not care and will not work to increase the demand of their coin then the trader of that type will lose. The best way is to invest in only legit cons and have to adopt the strategy of short term and long term investment and have to focus on fluctuations and to earn from these ups and downs in fluctuations.

btcdiggingmaster

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Transact Safer / Chase Better

Bitcoin trading is one of easiest one out of all other trades like forex, altcoin. But before trading you need learn some skills about market fluctuation, in trading you need to remember one thing that is patience once you loose patience definitely it will leads to loss. In order to make profit with bitcoin buy low and sell them at higher price to reach that price it will take some up to that you have wait patiently.

Mallampue

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Trading is simple, when the price is low it is time to buy it
and sell when the price is high.

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Quote from: MMA on January 23, 2017, 02:21:09 AM

Quote from: agamasrori on January 22, 2017, 09:37:40 PM

Quote from: MMA on January 15, 2017, 02:57:33 PM

Quote from: emezh10 on December 25, 2016, 06:05:43 AM

Trading is all about 99% luck and 1% skill trading is not a job. you can earn a lot from trading if you have a trading team to control the market price of the certain coin. the law of supply and demand is use in trading so better look for trading team to start trading. because if you are the only one it is too risky!

although luck is one of the most factor in trading that effed the trading result. but still i will say that if you have good experience in trading then you can even change your luck, with your good experience and hard work.

I dissagree with you. Although more than 90% of trader is trading like gambling but there still less than 10% of trader is really have good skill and earn money more than manager in company. Keep learn so you can get a lot of money in trading.

to me i think only 10% trader may be treating trading as gambling, but we can see that most of the traders have good experience in trading they have spend a lot of time in learning and getting experience in trading, so if we are taking bitcoin as trading then we need to get some good experience in bitcoin trading.

You are right that if a Trader have a good experience then they will be never in risk and yeah you should spend maximum time to learn trading and then they can be get a good knowledge and experience about trading.

blackhawkeye1912

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Quote from: MehdiBmm on August 04, 2016, 02:36:17 PM

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

Bitcoin trading in my opinion is an exchange platform where we can freely trade the coins we wanna buy or sell whether bitcoins/altcoins. It is a place of the traders were they like to grow their coins in fastest way. That's all I know about it, that's its too risky.

thepo1m

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Quote from: MMA on January 15, 2017, 02:57:33 PM

Quote from: emezh10 on December 25, 2016, 06:05:43 AM

Trading is all about 99% luck and 1% skill trading is not a job. you can earn a lot from trading if you have a trading team to control the market price of the certain coin. the law of supply and demand is use in trading so better look for trading team to start trading. because if you are the only one it is too risky!

although luck is one of the most important factor in trading that effect the trading result. but still i will say that if you have good experience in trading then you can even change your luck, with your good experience and hard work.

How can you attribute 99% of success in traidng to luck, trading is not gambling for Christ sake. 99% of success in BTC trading is knowledge, the level of education you have will help your decision making then 1% to luck.

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Leading Crypto Sports Betting & Casino Platform

Quote from: MMA on January 23, 2017, 02:21:09 AM

Quote from: agamasrori on January 22, 2017, 09:37:40 PM

Quote from: MMA on January 15, 2017, 02:57:33 PM

Quote from: emezh10 on December 25, 2016, 06:05:43 AM

Trading is all about 99% luck and 1% skill trading is not a job. you can earn a lot from trading if you have a trading team to control the market price of the certain coin. the law of supply and demand is use in trading so better look for trading team to start trading. because if you are the only one it is too risky!

although luck is one of the most factor in trading that effed the trading result. but still i will say that if you have good experience in trading then you can even change your luck, with your good experience and hard work.

I dissagree with you. Although more than 90% of trader is trading like gambling but there still less than 10% of trader is really have good skill and earn money more than manager in company. Keep learn so you can get a lot of money in trading.

to me i think only 10% trader may be treating trading as gambling, but we can see that most of the traders have good experience in trading they have spend a lot of time in learning and getting experience in trading, so if we are taking bitcoin as trading then we need to get some good experience in bitcoin trading.

I think that more than 10% trader are treating trading as gambling because as you can see they will easily getting trolled by fuders and buying altcoins without even analyzing the latest news or data but based on their feeling, it's the same as gambling indeed but there's something that make it different,if the altcoin just decreasing its price they can just holding it

MMA

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Quote from: agamasrori on January 22, 2017, 09:37:40 PM

Quote from: MMA on January 15, 2017, 02:57:33 PM

Quote from: emezh10 on December 25, 2016, 06:05:43 AM

Trading is all about 99% luck and 1% skill trading is not a job. you can earn a lot from trading if you have a trading team to control the market price of the certain coin. the law of supply and demand is use in trading so better look for trading team to start trading. because if you are the only one it is too risky!

although luck is one of the most factor in trading that effed the trading result. but still i will say that if you have good experience in trading then you can even change your luck, with your good experience and hard work.

I dissagree with you. Although more than 90% of trader is trading like gambling but there still less than 10% of trader is really have good skill and earn money more than manager in company. Keep learn so you can get a lot of money in trading.

to me i think only 10% trader may be treating trading as gambling, but we can see that most of the traders have good experience in trading they have spend a lot of time in learning and getting experience in trading, so if we are taking bitcoin as trading then we need to get some good experience in bitcoin trading.

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