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Topic: What Is Bitcoin Trading and Why It's risky? - page 11. (Read 26347 times)

hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
bitcoin trading is same as the other trading, as long as its called trading then we can learned it and its not the same as gambling. to do bitcoin trading, we need to analyze the trend of the coins, from the analysis, we can predict the market, i believe that if we are have a good knowledge and experience in trading, then we can take the profit. but the risk is always there and we can not deny, because sometimes our prediction is wrong and nothing we can do except waiting for the increasing price.
sr. member
Activity: 364
Merit: 250
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.
newbie
Activity: 28
Merit: 0
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

Trading is gambling: you work with odds, not certainties.

Markets are almost random. Now, a truly "efficient" market would be completely random, because prices would reflect objective value; winning and losing would be purely by chance, and nobody could make money. However, the markets are somewhat inefficient: news don't get incorporated into the price right away, and market participants are neither rational nor perfect computing machines; everybody has their own idea about the "perfect price" right now, and it is always different from the "true" price, which can never be actually known.

Trading is not about luck. It is coming from the above: if the markets are not completely random, then we may find a way to do better than luck.

Trading is about finding a mathematical edge: to win a little more (not necessarily more often!*) than lose, on average. The one who can guess what most of the other players think has exactly such an edge; if he exploits it well, he can win on the long run.    (*) in fact, winning too often is usually a sign of a left-tailed return distribution: a few huge losses hiding in your future

Crypto v.s. the rest. The difference between crypto trading and the "real" markets (such as equities, futures, forex, etc) lies in that crypto is an immature market, so there are a lot more inefficiencies left to still exploit.

Here's my post in another thread with sources of good info where you can learn about trading in general. Trading crypto is not fundamentally different from trading anything else, though it's like the Wild Wild West: tread carefully.
newbie
Activity: 6
Merit: 0
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 gets risky because of the value of it you dont know when it goes up or down but you're right you just have to keep it until it gets higher enough it gets some risk because of the value for me you better take some tips for an expert in trading or good in trading before you do it Smiley
MMA
legendary
Activity: 1134
Merit: 1000
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.
hero member
Activity: 532
Merit: 500
In my assessment, if you are well versed or knowledgeable in trading surely it will never be risky to you. Because you are wise by doing trading. Though in the first place that bitcoin trading is the place where all the altcoins,usd$,bitcoin can be tradeable in any exchange sites.
to me if you are expert in trading still there is risk in trading, because even in trading your luck play an important part in trading. although your experience and our skill can also help you in trading but still we mostly depend on our luck in trading.
member
Activity: 61
Merit: 10
Byteball: DAG, Built-in Chat, Conditional Payments
trading requires precision. we should be able to do a proper analysis. for people who can do the analysis of the trading is an easy job. we should really focus on trading system if we want to benefit.
It is very difficult to be precise in this market, especially because it is very volatile and still has limited liquidity compared to other markets, such as the stock market or the forex market. I think the important thing is to work with good odds, but striving to reduce the margins of error, of course.
sr. member
Activity: 1232
Merit: 250
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!
How can you make sure that trading is 99% luck and only 1% of skill that you will need because in my opinion those numbers of percentage are for gambling because in trading if you have great percentage of skill then you will win the game. You can start studying about trading from basics to complicated lessons and all of that can help you to understand the market more than you know and you can always make a conclusion which can benefit for you to earn higher amount of income Roll Eyes.

Absolutely its not totally luck factor to trade. Yeah there is some point where luck also occurs and works.Blind assumptions requires 99% luck. But most time knowledge, skills are required to flourish in trading. Also daily information about global economy and things taking place around the world is also necessary to keep in mind while you trade.
hero member
Activity: 1022
Merit: 500
In my assessment, if you are well versed or knowledgeable in trading surely it will never be risky to you. Because you are wise by doing trading. Though in the first place that bitcoin trading is the place where all the altcoins,usd$,bitcoin can be tradeable in any exchange sites.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
December 26, 2016, 04:49:17 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!
How can you make sure that trading is 99% luck and only 1% of skill that you will need because in my opinion those numbers of percentage are for gambling because in trading if you have great percentage of skill then you will win the game. You can start studying about trading from basics to complicated lessons and all of that can help you to understand the market more than you know and you can always make a conclusion which can benefit for you to earn higher amount of income Roll Eyes.
hero member
Activity: 2982
Merit: 790
December 26, 2016, 03:21:31 AM
Its definitely a trading because you bought bitcoin into a cheaper price and you will sell it for a higher price so that you could able to make profits.You are right theres a risk involve on doing trading because of moving prices and you wont know on which way it will go. If you decide to be a long term trader then you will hold for how many months and years before you sell off but there are some short traders which do make profits.Those are the types of traders.
sr. member
Activity: 434
Merit: 250
December 25, 2016, 08:00:31 PM
Trading bitcoins os also kind of investment and like any other investment it's risky. Basicly in trading you buy low and sell high or in arbitrage trading you count on the price difference but in practice there is always possibility of wrong judgement or unpredicted behaviour of bitcoin market so instead of profit you can lose your coins.

is common, normal, so get used in any trade
legendary
Activity: 3234
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
December 25, 2016, 08:23:58 AM
bitcoin trading is entrust the majority of investment you have to buy be some bitcoin, then you sell it back. such that is rotation of bitcoin. while the risk is you will get a reduced amount of bitcoin as a prediction in the buying and selling bitcoin.
In essence, that's it, but to give a more complete answer to the OP, we have to say why it is so risky. The risk lies in the fact that the BTC market does not have very high liquidity when compared to the most common currencies. This brings some instability to the market, and it is one of the main causes of high volatility. This problem requires time to be resolved, since it is not yet common to see people buying and selling things using Bitcoin.
volatility depends on a lot of factors and not just the liquidity of the market for example the trust that people may have on a particular currency is very important, that is why when you see an economic crisis in a country you will also see a evaluation of their currency.
But, overall due to volatility people are calling bitcoin trading is so risky. But I never find like that. Because whenever I am finding my decisions are going against myself, I will just leave off that position opened and I will be waiting for the reversal of price movements, most of the time I do get profits after some waiting.
And you are never get lost from trading bitcoin? your method may work for those people aren't need a short profit(long term investment)
It can be opposite if those people need an instant profit at the time. And all of the people must feel it be an ordinary thing.
profit and loss indeed things that have become commonplace not only in trade but also in all businesses. no name is always profitable, surely no harm though little

And if can we stay away from it and why not? The trading is a choice, like choice your way, if you have chosen the right way and I think you will get a right result too. and otherwise. You're true about the loss but we have a chance for stay away from it. totally depend on the person.
hero member
Activity: 826
Merit: 501
December 25, 2016, 07:05:43 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!
hero member
Activity: 658
Merit: 505
December 24, 2016, 04:13:12 AM
Trading bitcoins os also kind of investment and like any other investment it's risky. Basicly in trading you buy low and sell high or in arbitrage trading you count on the price difference but in practice there is always possibility of wrong judgement or unpredicted behaviour of bitcoin market so instead of profit you can lose your coins.
hero member
Activity: 1092
Merit: 500
December 24, 2016, 02:21:43 AM
Bitcoin trading is a place were you can multiply or grow you bitcoin/altcoins in the exchange site platform, But it is 50/50 chances to increase you coins. Therefore, 90% of being loose and only 10% only is the chances to grow our bitcoin. So better for to accept to ourselves that we are a risk taker  which means always prepared to be loose.
legendary
Activity: 1554
Merit: 1054
December 23, 2016, 09:44:38 AM
bitcoin trading mean that buy bitcoin with low price and then sell it with high price and i think bitcoin trading is much sate and profitable than other currency so we can not says that bitcoin is risky because bitcoin is very stronger currency.
The strong currency does not need to be profitable when you are trying to trade it.
Because you may get trapped by pumps if you happen to buy at peak price levels. Still I too agree, bitcoin trading is much easier than any other trading as you got always the chances to wait for some time to get back your profit price levels.
hero member
Activity: 896
Merit: 514
December 23, 2016, 08:46:15 AM
bitcoin trading mean that buy bitcoin with low price and then sell it with high price and i think bitcoin trading is much sate and profitable than other currency so we can not says that bitcoin is risky because bitcoin is very stronger currency.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
December 22, 2016, 04:22:19 AM
Bitcoin trading is buying and selling bitcoin using a exchanger's site. One of the basic of trading is buy low and sell high, It is very simple and by just that saying, you can earn profits. All things are partnered with risk even though bitcoin trading has a risk of getting loss of your money. It is very risky for a trader IF he don't know how the things work and he don't have knowledge or even though basic knowledge. So if you want to less the risk in bitcoin trading make sure to study first and do not be greedy, Analyze the market first before executing any orders Tongue
hero member
Activity: 672
Merit: 500
December 21, 2016, 09:01:51 AM
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
According to me its not risky if you have full information and knowledge about trading and the risk factor involved in trading and In simple words Bitcoin trading is a process of buying Bitcoins at low price and hold them until the price increased and then sell then at a higher price to make some big profits.
You are right for a person who have full information about trade do not lose much and do not consider it as a place of risk but if they will involve in some new coins which they do not have good knowledge about the definitely they will lose there if the coin scammed or dumped down by some opponents.

When the price of bitcoin down so deep from at the number we have bought usually will take a long time to wait it increase until we get profit. Moreover if you trading with alternative coin because when the price of alternative coin goes down deeply like ethereum and dao some months ago based my analysis is very hard to increase again to the previous price, so we should do CUT LOSS  as soon as possible if something like that happen again to our coin.
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