What Is Bitcoin Trading and Why It's risky? - page 2.

Supercrypt

legendary

Activity: 1554

Merit: 1054

Quote from: TheGodFather on April 25, 2017, 10:54:18 AM

Quote from: 0day on August 04, 2016, 05:12:16 PM

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.

noormcs5

hero member

Activity: 2758

Merit: 617

Leading Crypto Sports Betting & Casino Platform

All my coins is on orders now i have only some csh but dev is scammer .
Many times from thoose scammers is posible to have good resaults

Sled

hero member

Activity: 1680

Merit: 535

Bitcoin- in bullish time

Quote from: PokerFace3 on April 29, 2017, 10:56:28 AM

Quote from: Humanxlemming on April 26, 2017, 02:57:00 AM

I don't know if you will trade in bitcoin and it is risky, but suddenly i think its not risky if you know how to control your emoticon and patience. If you know that your in lose then don't sell it don't "Panic Sell". Pro recommend Buy Low | Sell High so wait until your happy now in your profit when will sell now

It is all good until you step in the altcoins market because altcoins have been totally rubbish ( 90% of them at least ) and hence it is implausible to predict the coin's growth in coming days.

I am not saying that it's not profitable but it has very very high risks and rather better is to use a bot like GUNBOT ( provided by gunthar ) which automatically does the work for you. But that too is risky guys, unless you choose solid coins like ether and dogecoins.

Altcoin market trading is not that risky because almost of them are in a pump mode if you are keep looking at the coinmarketcap and you can see that even the price of bitcoin is high the altcoins are not letting that to beat them and they are also rising and soon i think altcoin and bitcoin market will be direct proportional and not inverse anymore.

PokerFace3

hero member

Activity: 700

Merit: 500

Quote from: Humanxlemming on April 26, 2017, 02:57:00 AM

I don't know if you will trade in bitcoin and it is risky, but suddenly i think its not risky if you know how to control your emoticon and patience. If you know that your in lose then don't sell it don't "Panic Sell". Pro recommend Buy Low | Sell High so wait until your happy now in your profit when will sell now

It is all good until you step in the altcoins market because altcoins have been totally rubbish ( 90% of them at least ) and hence it is implausible to predict the coin's growth in coming days.

I am not saying that it's not profitable but it has very very high risks and rather better is to use a bot like GUNBOT ( provided by gunthar ) which automatically does the work for you. But that too is risky guys, unless you choose solid coins like ether and dogecoins.

Apened

hero member

Activity: 1386

Merit: 504

Quote from: Fireblade on April 28, 2017, 05:26:58 PM

Quote from: TheGodFather on April 25, 2017, 10:54:18 AM

Quote from: 0day on August 04, 2016, 05:12:16 PM

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.

Fireblade

hero member

Activity: 770

Merit: 500

Quote from: TheGodFather on April 25, 2017, 10:54:18 AM

Quote from: 0day on August 04, 2016, 05:12:16 PM

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.

HTracer

full member

Activity: 152

Merit: 100

Whenever I read "bitcoin trading" in this thread I take it as BTC/USDT orders. Like in OP example. Right?

Monnt

legendary

Activity: 938

Merit: 1002

Quote from: Apened on April 25, 2017, 07:44:32 AM

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.

Cactushrt

sr. member

Activity: 952

Merit: 250

Quote from: Humanxlemming on April 26, 2017, 02:57:00 AM

I don't know if you will trade in bitcoin and it is risky, but suddenly i think its not risky if you know how to control your emoticon and patience. If you know that your in lose then don't sell it don't "Panic Sell". Pro recommend Buy Low | Sell High so wait until your happy now in your profit when will sell now

You can expect a risk in trading it doesn't mean that if you know how to handle your emotions you can skip the risk, no you can only minimize the risk involved in trading. Choosinh also a good coin makes less risk

Humanxlemming

sr. member

Activity: 364

Merit: 250

I don't know if you will trade in bitcoin and it is risky, but suddenly i think its not risky if you know how to control your emoticon and patience. If you know that your in lose then don't sell it don't "Panic Sell". Pro recommend Buy Low | Sell High so wait until your happy now in your profit when will sell now

Phyton76

sr. member

Activity: 504

Merit: 268

Quote from: Xenophoto on April 26, 2017, 02:39:08 AM

Quote from: dearbesz1219 on April 25, 2017, 12:04:09 PM

Quote from: AK47- on April 18, 2017, 12:04:44 PM

Every kind of trading is risky. Bitcoin has a very small market cap, so fluctuations are frequent. Bitcoin is often considered one of the most attractive currency for trading, due to high volatility. But there can be a risk of scams and fraud. So choose wisely.

I would only agreed on you that trading would only be risky if traders don't have enough proper knowledge in doing trade. But if you know the process of doing in the trading platform, well I guess the world "RISK" I think has no space anymore. But the risk that they are talking about for what others said here, if your prediction is wrong, everything you had for sure will disappear at once in just a matter twinkle of an eye only.

Even experienced traders that have been in the game for years still risk their money. There's no such thing as no space for risk anymore because that would mean that you're sure with every single trading move that you make.

Actually, it's easy to know the whole process of trading. You can also know the strategies to earn profits. But the thing is, will the market go in accordance to what you wanted? It's all random if you ask me. There can be a huge dump coming up and no one knows about it except the dumper himself.

Knowing the whole process isn't easy for a newbie trader. It would take a lot of time for him to understand everything, specially when that certain person don't have known any professional or pro trader, that must be challenging yet can be studied easily.

Xenophoto

hero member

Activity: 826

Merit: 502

Quote from: dearbesz1219 on April 25, 2017, 12:04:09 PM

Quote from: AK47- on April 18, 2017, 12:04:44 PM

Every kind of trading is risky. Bitcoin has a very small market cap, so fluctuations are frequent. Bitcoin is often considered one of the most attractive currency for trading, due to high volatility. But there can be a risk of scams and fraud. So choose wisely.

I would only agreed on you that trading would only be risky if traders don't have enough proper knowledge in doing trade. But if you know the process of doing in the trading platform, well I guess the world "RISK" I think has no space anymore. But the risk that they are talking about for what others said here, if your prediction is wrong, everything you had for sure will disappear at once in just a matter twinkle of an eye only.

Even experienced traders that have been in the game for years still risk their money. There's no such thing as no space for risk anymore because that would mean that you're sure with every single trading move that you make.

Actually, it's easy to know the whole process of trading. You can also know the strategies to earn profits. But the thing is, will the market go in accordance to what you wanted? It's all random if you ask me. There can be a huge dump coming up and no one knows about it except the dumper himself.

dearbesz1219

hero member

Activity: 924

Merit: 500

Quote from: AK47- on April 18, 2017, 12:04:44 PM

Every kind of trading is risky. Bitcoin has a very small market cap, so fluctuations are frequent. Bitcoin is often considered one of the most attractive currency for trading, due to high volatility. But there can be a risk of scams and fraud. So choose wisely.

I would only agreed on you that trading would only be risky if traders don't have enough proper knowledge in doing trade. But if you know the process of doing in the trading platform, well I guess the world "RISK" I think has no space anymore. But the risk that they are talking about for what others said here, if your prediction is wrong, everything you had for sure will disappear at once in just a matter twinkle of an eye only.

Intersan

hero member

Activity: 641

Merit: 505

Quote from: MehdiBmm on August 04, 2016, 03:36:17 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

My strategy in trading bitcoin is very simple but risky. I wait the right time for buying and right time for selling and with this I can sure that I can get a profit. When time that bitcoin decrease I buy a bitcoin then when ot increase I wait until the bitcoin offer a good and great value. It is risky because we need to monitor for the right time for trading with giving enough time. But experience is much better needs to success.

TheGodFather

hero member

Activity: 854

Merit: 500

Quote from: 0day on August 04, 2016, 05:12:16 PM

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.

Ashong Salonga

sr. member

Activity: 882

Merit: 260

Quote from: BitcoinPC on April 24, 2017, 09:15:12 AM

Quote from: iMaster on April 20, 2017, 03:01:26 PM

trading is one way to gain an advantage. the advantage gained from the selling of our coins.
we must be smart in choosing the time to sell and buy bitcoin. trading has less risk.

If you comparison the trading with gambling, than trading has less risk. Otherwise, trading is also risky. When newbie start to do trading, than in the first year, it is hard for them to earn money from trading. Experience wise, everyone could start to earn bitcoins from trading.
But i am also not agree that trading is like a gambling, only risk wise people think that both are same.

Wise people don't actually consider gambling and trading as same since they differ on their purpose and how it is being played. Trading is market based, thus a trader is getting advantage of market. Unlike in gamblimg, it is luck based where in a player's opponent is the house edge which is too risky since hous edge's probability of winning js higher than a player's probability of winning.

Apened

hero member

Activity: 1386

Merit: 504

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.

BitcoinPC

hero member

Activity: 812

Merit: 500

Quote from: iMaster on April 20, 2017, 03:01:26 PM

trading is one way to gain an advantage. the advantage gained from the selling of our coins.
we must be smart in choosing the time to sell and buy bitcoin. trading has less risk.

If you comparison the trading with gambling, than trading has less risk. Otherwise, trading is also risky. When newbie start to do trading, than in the first year, it is hard for them to earn money from trading. Experience wise, everyone could start to earn bitcoins from trading.
But i am also not agree that trading is like a gambling, only risk wise people think that both are same.

transabox

full member

Activity: 177

Merit: 100

Trade bitcoin is the most reliable of all coins, but in any trade there are risks. You need to constantly learn and follow the market.

iram3130

legendary

Activity: 1512

Merit: 1010

ITSMYNE 🚀 Talk NFTs, Trade NFTs 🚀

Quote from: Drago2016 on April 23, 2017, 12:10:55 PM

This is not exactly gambling and the principle is understandable even for a child, you buy when cheaper and sell when expensive. Nothing is difficult, you just need to catch the right moment.

It's easier when you use bots or make proper plannings with the targets according to the rate every day. If the market doesn't go your way then you just have to hold for a longer time to make some profit. In case of Bitcoins you'll always make profit as the price is increasing gradually.

Topic: What Is Bitcoin Trading and Why It's risky? - page 2. (Read 26347 times)