What Is Bitcoin Trading and Why It's risky? - page 14.

ivanst776

legendary

Activity: 1540

Merit: 1003

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

Not only bitcoin but mostly everything that you trade online is very risky because it's something digital and you can't control it 100% from hackers or from any other factor.

Trading bitcoin is risky because of being new in trading (not have enough knowledge) or being new in managing the money, and bitcoin wallets.

Zadicar

legendary

Activity: 1386

Merit: 1020

DGbet.fun - Crypto Sportsbook

Quote from: senyorito123 on November 27, 2016, 08:02:18 AM

Quote from: serjent05 on November 26, 2016, 11:30:29 AM

Quote from: X-ray on November 26, 2016, 08:02:46 AM

Quote from: Potato Chips on November 26, 2016, 07:48:15 AM

Trading is when you buy a altcoin for a low price and sell it when its price comes up so you will have to keep an eye on the market.

Risks? The most common risk is the altcoins short life span, If you search in google, you will see that most altcoins got dumped in just a short period of time.

The other one is failing to predict the price, example is when a certain altcoins price is getting lower and lower so you sell it all to avoid losing money more, Sometimes the coins price might increase again.

the price increase after being dumped very far only for popular coins such as ethereum and the rest. most likely to be dead and deleted from the market after there's none activities around . would prefer cut lose rather than really losing the whole of money on just an altcoin

But sometimes due to the domino effect, after the dump, it will stay a bit then it will continue to decline in price. Just what happened in the first month of 2014, after the bitcoin bubble of 2013 burst. It was dumped and due to the negative impact made by that dumped, Bitcoin price continue to fall down to sub 200 USD then eventually recover upto what it is right now.

I think its normal happening since people for that moment are afraid to lose some of their money,.and the adoption fot that time is not enough to regain back the price where it falls down, but come and look for the price for now people who bought for that moment are surely be rich by now since the stretch is continuosly growing and might the past 10000$ well be achievable again for this year or maybe in next.

Surely 200$ dip is so far to be seen for this time.

-200$ dip as of todays current state price is not possible to see on this year even on the next year because it has a good support and sudden dip of price its not possible if we are talking on normal price movements but if theres another bad circumtances or news then it might happen but im hoping iwe will not experience that. Bitcoin trading is really risky because of volatile price.

senyorito123

hero member

Activity: 1764

Merit: 505

#SWGT PRE-SALE IS LIVE

Quote from: serjent05 on November 26, 2016, 11:30:29 AM

Quote from: X-ray on November 26, 2016, 08:02:46 AM

Quote from: Potato Chips on November 26, 2016, 07:48:15 AM

Trading is when you buy a altcoin for a low price and sell it when its price comes up so you will have to keep an eye on the market.

Risks? The most common risk is the altcoins short life span, If you search in google, you will see that most altcoins got dumped in just a short period of time.

The other one is failing to predict the price, example is when a certain altcoins price is getting lower and lower so you sell it all to avoid losing money more, Sometimes the coins price might increase again.

the price increase after being dumped very far only for popular coins such as ethereum and the rest. most likely to be dead and deleted from the market after there's none activities around . would prefer cut lose rather than really losing the whole of money on just an altcoin

But sometimes due to the domino effect, after the dump, it will stay a bit then it will continue to decline in price. Just what happened in the first month of 2014, after the bitcoin bubble of 2013 burst. It was dumped and due to the negative impact made by that dumped, Bitcoin price continue to fall down to sub 200 USD then eventually recover upto what it is right now.

I think its normal happening since people for that moment are afraid to lose some of their money,.and the adoption fot that time is not enough to regain back the price where it falls down, but come and look for the price for now people who bought for that moment are surely be rich by now since the stretch is continuosly growing and might the past 10000$ well be achievable again for this year or maybe in next.

Surely 200$ dip is so far to be seen for this time.

Mark02

full member

Activity: 224

Merit: 100

Quote from: harizen on November 26, 2016, 11:43:33 AM

Quote from: serjent05 on November 26, 2016, 11:30:29 AM

Quote from: X-ray on November 26, 2016, 08:02:46 AM

Quote from: Potato Chips on November 26, 2016, 07:48:15 AM

Trading is when you buy a altcoin for a low price and sell it when its price comes up so you will have to keep an eye on the market.

Risks? The most common risk is the altcoins short life span, If you search in google, you will see that most altcoins got dumped in just a short period of time.

The other one is failing to predict the price, example is when a certain altcoins price is getting lower and lower so you sell it all to avoid losing money more, Sometimes the coins price might increase again.

the price increase after being dumped very far only for popular coins such as ethereum and the rest. most likely to be dead and deleted from the market after there's none activities around . would prefer cut lose rather than really losing the whole of money on just an altcoin

But sometimes due to the domino effect, after the dump, it will stay a bit then it will continue to decline in price. Just what happened in the first month of 2014, after the bitcoin bubble of 2013 burst. It was dumped and due to the negative impact made by that dumped, Bitcoin price continue to fall down to sub 200 USD then eventually recover upto what it is right now.

Past performance can't guarantee future results. Also, the quoted past above is pointing to altcoin trading where we all know that price behaviour is very much different compare by doing bitcoin trades.

Always expect a massive dump after a bubble and it's always happened many times especially in bitcoin price. People minimize the possible loss or to secure profits that's why they are taking the ride everytime there is a bearish activity rather than just watched the price without doing nothing.

Making a wise decision is much better than targeting the exact thing to be executed. If people succeeds in predicting the price after making a good trading decision then they just made a wise decision.

Yeah. Sometimes going with the flow will higher the possibility of loosing money if you do not know what you are doing. Some are just trolling others or the newbie trader to be exact and they are fooling them making it look like many are buying the coin. So the thing is newbie traders are going with the flow thinking the price will continue to go upwards but as they get the price they want. Soon, they will dump the coin causing a negative trade to those who bought at high price.

harizen

legendary

Activity: 3122

Merit: 1398

For support ➡️ help.bc.game

Quote from: serjent05 on November 26, 2016, 11:30:29 AM

Quote from: X-ray on November 26, 2016, 08:02:46 AM

Quote from: Potato Chips on November 26, 2016, 07:48:15 AM

Trading is when you buy a altcoin for a low price and sell it when its price comes up so you will have to keep an eye on the market.

Risks? The most common risk is the altcoins short life span, If you search in google, you will see that most altcoins got dumped in just a short period of time.

The other one is failing to predict the price, example is when a certain altcoins price is getting lower and lower so you sell it all to avoid losing money more, Sometimes the coins price might increase again.

the price increase after being dumped very far only for popular coins such as ethereum and the rest. most likely to be dead and deleted from the market after there's none activities around . would prefer cut lose rather than really losing the whole of money on just an altcoin

But sometimes due to the domino effect, after the dump, it will stay a bit then it will continue to decline in price. Just what happened in the first month of 2014, after the bitcoin bubble of 2013 burst. It was dumped and due to the negative impact made by that dumped, Bitcoin price continue to fall down to sub 200 USD then eventually recover upto what it is right now.

Past performance can't guarantee future results. Also, the quoted past above is pointing to altcoin trading where we all know that price behaviour is very much different compare by doing bitcoin trades.

Always expect a massive dump after a bubble and it's always happened many times especially in bitcoin price. People minimize the possible loss or to secure profits that's why they are taking the ride everytime there is a bearish activity rather than just watched the price without doing nothing.

Making a wise decision is much better than targeting the exact thing to be executed. If people succeeds in predicting the price after making a good trading decision then they just made a wise decision.

serjent05

legendary

Activity: 3010

Merit: 1280

Get $2100 deposit bonuses & 60 FS

Quote from: X-ray on November 26, 2016, 08:02:46 AM

Quote from: Potato Chips on November 26, 2016, 07:48:15 AM

Trading is when you buy a altcoin for a low price and sell it when its price comes up so you will have to keep an eye on the market.

Risks? The most common risk is the altcoins short life span, If you search in google, you will see that most altcoins got dumped in just a short period of time.

The other one is failing to predict the price, example is when a certain altcoins price is getting lower and lower so you sell it all to avoid losing money more, Sometimes the coins price might increase again.

the price increase after being dumped very far only for popular coins such as ethereum and the rest. most likely to be dead and deleted from the market after there's none activities around . would prefer cut lose rather than really losing the whole of money on just an altcoin

But sometimes due to the domino effect, after the dump, it will stay a bit then it will continue to decline in price. Just what happened in the first month of 2014, after the bitcoin bubble of 2013 burst. It was dumped and due to the negative impact made by that dumped, Bitcoin price continue to fall down to sub 200 USD then eventually recover upto what it is right now.

X-ray

hero member

Activity: 3066

Merit: 536

Leading Crypto Sports Betting & Casino Platform

Quote from: Potato Chips on November 26, 2016, 07:48:15 AM

Trading is when you buy a altcoin for a low price and sell it when its price comes up so you will have to keep an eye on the market.

Risks? The most common risk is the altcoins short life span, If you search in google, you will see that most altcoins got dumped in just a short period of time.

The other one is failing to predict the price, example is when a certain altcoins price is getting lower and lower so you sell it all to avoid losing money more, Sometimes the coins price might increase again.

the price increase after being dumped very far only for popular coins such as ethereum and the rest. most likely to be dead and deleted from the market after there's none activities around . would prefer cut lose rather than really losing the whole of money on just an altcoin

Potato Chips

hero member

Activity: 2786

Merit: 902

yesssir! 🫡

Trading is when you buy a altcoin for a low price and sell it when its price comes up so you will have to keep an eye on the market.

Risks? The most common risk is the altcoins short life span, If you search in google, you will see that most altcoins got dumped in just a short period of time.

The other one is failing to predict the price, example is when a certain altcoins price is getting lower and lower so you sell it all to avoid losing money more, Sometimes the coins price might increase again.

Dudeperfect

hero member

Activity: 1190

Merit: 534

Quote from: hisuka on November 25, 2016, 06:26:12 AM

Bitcoin will never be risky once you know how to trade an altcoins.
Before you trade or invest your money in trading, make sure to
seach some videos on how to trade in bitcoin. Its risky when you
dont know nothing in bitcoin trading.Atleast you know the first rule
is buy some cheap coins and sell at a higher price.

I partly agree with your statement but I also think that there is a risk even if you are an experienced trader. Experienced trader is one who knows what kind of risk is there and how to deal with it and on the other hand newbies try to follow charts and opinions of shoutbox and eventually end up with great loss. Market is going to move as per its flow and having experience or not doesn’t affect market but our own trading strategy and indirectly out profits and loss.

wxa7115

hero member

Activity: 2814

Merit: 734

Bitcoin is GOD

Quote from: hisuka on November 25, 2016, 06:26:12 AM

Bitcoin will never be risky once you know how to trade an altcoins.
Before you trade or invest your money in trading, make sure to
seach some videos on how to trade in bitcoin. Its risky when you
dont know nothing in bitcoin trading.Atleast you know the first rule
is buy some cheap coins and sell at a higher price.

Everything in the world has a risk associated with it, driving you car has risk even getting out of your house has risk, what we must do is to asses the risk and see if we are comfortable taking it, right now personally I'm very comfortable with the risk associated with bitcoin since the gains are very good.

BitcoinPC

hero member

Activity: 812

Merit: 500

Bitcoin Trading, is mean altcoin trading which we can call crypto currencies trading, as everyone know about it, And if we are talking about Ricky, So definitely, bitcoin is depend on risk. As you said trading is risky like gambling, no doubt, because we don't know till the end how can we earn from it or not. Personally i believe every business and every field is depend on risk, so what matter if bitcoin is depend on risk?

hisuka

sr. member

Activity: 882

Merit: 251

Bitcoin will never be risky once you know how to trade an altcoins.
Before you trade or invest your money in trading, make sure to
seach some videos on how to trade in bitcoin. Its risky when you
dont know nothing in bitcoin trading.Atleast you know the first rule
is buy some cheap coins and sell at a higher price.

StarofBTC

hero member

Activity: 1148

Merit: 528

Quote from: OrangeII on November 24, 2016, 12:28:45 PM

Quote from: noictib on November 24, 2016, 10:16:06 AM

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

Actually it is not a work of risky way but it needed a long patience instead of sudden profit .
I am in trading from 4 month and my experience is saying always put your sell order on definite amount on advance . Secondly your advance order for sell should or price 40% more than your buy price .

I guess all that can make an income on the internet has a risk level of each. Well, according to my experience, trading is one way to make money on the internet that have a fairly high degree of risk if you do not have knowledge about trading. before trading, you have to learn about it, even very many trading demo version made for beginners. you have to learn to play the trading prior to play it, because it would be risky if not done

I think not only internet but all king of trading are risky and so in case of bitcoin as most of the people are using bitcoin as investment and for trading purposes because in most of the area people do not have facilities to use it as currency to trading bitcoin is as risky other kind of trading.

leeloo

newbie

Activity: 28

Merit: 0

Quote from: OrangeII on November 24, 2016, 12:28:45 PM

I guess all that can make an income on the internet has a risk level of each. Well, according to my experience, trading is one way to make money on the internet that have a fairly high degree of risk if you do not have knowledge about trading. before trading, you have to learn about it, even very many trading demo version made for beginners. you have to learn to play the trading prior to play it, because it would be risky if not done

It's complicated enough that you can play around for as long as you want and it will still be risky; there are just too many subtleties involved to pick up on all of them by yourself.

Let's follow Wall Street then, they can't be wrong, right?! Sharpe ratios, mean reversion, averaging down, fundamental analysis, all that crap. However, Wall Street has no incentive to make money on the long run, because they get rich in the short run (and then they blow up their customers' accounts, but who cares when they already got their bonuses?) So, let's not follow Wall Street... But who, then?

The problem I found was that most information out there are from clueless idiots such as myself. It took months to find a few sensible sources, and they are invariably people with institutional background (i.e. they actually did what they are talking about), who then de-institutionalized themselves and fared well on their own (i.e. they actually know what they are talking about.) They are the people to listen to, not the charlatan mentors who will sell you their crappy strategies full of Fibonaccis and wave theories and 6-month plans and other mindblowing idiocies.

crairezx20

legendary

Activity: 1638

Merit: 1046

Quote from: OrangeII on November 24, 2016, 12:28:45 PM

Quote from: noictib on November 24, 2016, 10:16:06 AM

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

Actually it is not a work of risky way but it needed a long patience instead of sudden profit .
I am in trading from 4 month and my experience is saying always put your sell order on definite amount on advance . Secondly your advance order for sell should or price 40% more than your buy price .

I guess all that can make an income on the internet has a risk level of each. Well, according to my experience, trading is one way to make money on the internet that have a fairly high degree of risk if you do not have knowledge about trading. before trading, you have to learn about it, even very many trading demo version made for beginners. you have to learn to play the trading prior to play it, because it would be risky if not done

Honestly it is not so high if we compare it in gambling because if you bought a altcoin you can be still sell it because it has still a value. that can recover your loses,. unlike in gambling that if you lose you can not recover anything..
If you are talking about the making money in the internet well we can say it is not so high because there is some marketing online also losing large amount of money..
Yeah studying trading it can help you to get less risk and to make a good profit..

OrangeII

hero member

Activity: 2170

Merit: 503

Reward: 10M Shen (Approx. 5000 BNB) Bounty

Quote from: noictib on November 24, 2016, 10:16:06 AM

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

Actually it is not a work of risky way but it needed a long patience instead of sudden profit .
I am in trading from 4 month and my experience is saying always put your sell order on definite amount on advance . Secondly your advance order for sell should or price 40% more than your buy price .

I guess all that can make an income on the internet has a risk level of each. Well, according to my experience, trading is one way to make money on the internet that have a fairly high degree of risk if you do not have knowledge about trading. before trading, you have to learn about it, even very many trading demo version made for beginners. you have to learn to play the trading prior to play it, because it would be risky if not done

serjent05

legendary

Activity: 3010

Merit: 1280

Get $2100 deposit bonuses & 60 FS

Quote from: socks435 on November 24, 2016, 12:18:49 PM

The only problem in trading i think patience if you do not have a patience in trading you will lose.. because bitcoin price is unpredictable and if you are not smart and thinking that the price will going to dump mor just like in illustration the man who has no patience he sell his bitcoin for low price. instead of waiting more time that the price will go back to normal or increase more to make a profit..
So patience is the solution if you are in trading, yeah it is risky if you do not analyze the movement..

Yeah patience is always the problem in trading. Not only the lack of patience is the problem but too much patience will make you left by the train too. There are certain cases that holders were left bagholding a worthless altcoin due to waiting too much. Maybe it driven by a greed or a miscalculated prediction. But waiting is patience and this time there is too much waiting. So I think patience and timing is the best key in trading, you lack one , you will fail miserably.

socks435

legendary

Activity: 2058

Merit: 1030

I'm looking for free spin.

Quote from: wxa7115 on November 24, 2016, 11:54:35 AM

Quote from: clickerz on November 24, 2016, 11:13:08 AM

Quote from: buzefall on November 17, 2016, 10:31:07 AM

Absolutely agreed. And more, beside knowing about trading and how markets works very important thing to choose right market platform or broker. These things bring some risk too.

I really like the illustrations here. This is the basic reactions of people with price movement on trading. But also remeber the Accumulation stage and Distribution stage.

Quote from: marcuslong on November 24, 2016, 10:09:11 AM

It's really good that you know how to understand the graph on the market and you need to know where to buy and when to sell your coins because if you don't know you can lose your bitcoin or your capital in bitcoin important things is always keep your eyes open.

That is true since trading is also risky and tricky. It needs a carefull analysis too.

That graphic is pure genius I LOL a lot with it but in a serious note we must understand even if you had all the technical skills in the world it does not mean you have the right character and personality to ride the ups and downs of the market, you need a very special personality to do so.

The only problem in trading i think patience if you do not have a patience in trading you will lose.. because bitcoin price is unpredictable and if you are not smart and thinking that the price will going to dump mor just like in illustration the man who has no patience he sell his bitcoin for low price. instead of waiting more time that the price will go back to normal or increase more to make a profit..
So patience is the solution if you are in trading, yeah it is risky if you do not analyze the movement..

leeloo

newbie

Activity: 28

Merit: 0

Quote from: wxa7115 on November 24, 2016, 11:54:35 AM

That graphic is pure genius I LOL a lot with it but in a serious note we must understand even if you had all the technical skills in the world it does not mean you have the right character and personality to ride the ups and downs of the market, you need a very special personality to do so.

Aaaaand this is the most important reason that I'm for algorithmic trading: I do NOT have that kind of personality, but I can sure formalize a strategy and leave up the stressful task of executing it to a machine.

wxa7115

hero member

Activity: 2814

Merit: 734

Bitcoin is GOD

Quote from: clickerz on November 24, 2016, 11:13:08 AM

Quote from: buzefall on November 17, 2016, 10:31:07 AM

Absolutely agreed. And more, beside knowing about trading and how markets works very important thing to choose right market platform or broker. These things bring some risk too.

I really like the illustrations here. This is the basic reactions of people with price movement on trading. But also remeber the Accumulation stage and Distribution stage.

Quote from: marcuslong on November 24, 2016, 10:09:11 AM

It's really good that you know how to understand the graph on the market and you need to know where to buy and when to sell your coins because if you don't know you can lose your bitcoin or your capital in bitcoin important things is always keep your eyes open.

That is true since trading is also risky and tricky. It needs a carefull analysis too.

That graphic is pure genius I LOL a lot with it but in a serious note we must understand even if you had all the technical skills in the world it does not mean you have the right character and personality to ride the ups and downs of the market, you need a very special personality to do so.

Topic: What Is Bitcoin Trading and Why It's risky? - page 14. (Read 26373 times)