What Is Bitcoin Trading and Why It's risky? - page 3.

Gaaara

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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

I think what you're saying somehow belongs to trading, you buy bitcoin when the price is low using another currency and selling it when the price is high. Almost have the same idea with investment but still its different. Trading is not as risky as gambling, we can say that they both lack of assurance when it comes to income but still gambling is riskier, because in gambling you base your profit in your luck only itself, but in trading if you have skills and eyes on statistics then you can even assure your profit every time you trade, yes they're risky but the chances of winning is different.

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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

Trading = any activity that involves the exchange of two commodities/assets/currencies for a potential profit.

With bitcoin trading, it's based on the same concept as Forex trading.

You aim to make a profit by buying low and selling high, or shorting bitcoin when it is too high to make a profit when markets fall.

It is risky, very risky in fact that indeed it's almost like gambling especially if you leverage your trades. But it requires skill - unlike gambling.

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Quote from: dothebeats on April 23, 2017, 01:25:43 PM

Quote from: omonuyak on April 23, 2017, 01:04:34 PM

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

op what you said is what traders called buy and hold but if we what to talk about trading is a very wide view. In trading we have buy and hold, margin trading, arbitrage trading and binary option trading. Trading is also different from gambling, in trading you have to analyze all the data using technical and fundamental issues but in gambling you only play on luck.

Technically when you are trading, you are also gambling since you're putting something at risk expecting that it will take profit on the option that you have chosen. The thing with gambling is that it is very ambiguous and not limited to playing in the casino, slots, sports betting or whatnot. Investing is a gamble—even buying bitcoins is a gamble as well. Every single thing that you do that includes risking something is gambling in its core.

What Op mentioned were right and no doubt about it, even still there is risk to loss if crash happen in the future but who knows. If you buy bitcoin at $1000 and sell it at $1300, than it is $300 profit. Invest on bitcoin for long term will beneficial obviously as the value constantly rise up and all you have to do is waiting for a while. I consider trading as a plan with strategy according to the market condition which has higher chance to get profits instead put your money for gambling and rely on luck.

kidoseagle0312

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Bitcoin trading is a platform where you can find all altcoins where the traders buying it in the exchange to think that they can grow it through doing trade whether day trading or long term trading. It will only be risky if the traders will become neglectful and lack of knowledge in trading methods.

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Quote from: dothebeats on April 23, 2017, 01:25:43 PM

Quote from: omonuyak on April 23, 2017, 01:04:34 PM

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

op what you said is what traders called buy and hold but if we what to talk about trading is a very wide view. In trading we have buy and hold, margin trading, arbitrage trading and binary option trading. Trading is also different from gambling, in trading you have to analyze all the data using technical and fundamental issues but in gambling you only play on luck.

Technically when you are trading, you are also gambling since you're putting something at risk expecting that it will take profit on the option that you have chosen. The thing with gambling is that it is very ambiguous and not limited to playing in the casino, slots, sports betting or whatnot. Investing is a gamble—even buying bitcoins is a gamble as well. Every single thing that you do that includes risking something is gambling in its core.

Yes, buying bitcoins is also a gamble. Nobody can say what will happen with the crypto currency tomorrow or in a few years. You can lose everything or become a winner.

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Quote from: omonuyak on April 23, 2017, 01:04:34 PM

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

op what you said is what traders called buy and hold but if we what to talk about trading is a very wide view. In trading we have buy and hold, margin trading, arbitrage trading and binary option trading. Trading is also different from gambling, in trading you have to analyze all the data using technical and fundamental issues but in gambling you only play on luck.

Technically when you are trading, you are also gambling since you're putting something at risk expecting that it will take profit on the option that you have chosen. The thing with gambling is that it is very ambiguous and not limited to playing in the casino, slots, sports betting or whatnot. Investing is a gamble—even buying bitcoins is a gamble as well. Every single thing that you do that includes risking something is gambling in its core.

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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

op what you said is what traders called buy and hold but if we what to talk about trading is a very wide view. In trading we have buy and hold, margin trading, arbitrage trading and binary option trading. Trading is also different from gambling, in trading you have to analyze all the data using technical and fundamental issues but in gambling you only play on luck.

Drago2016

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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.

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Quote from: MiXxe on April 23, 2017, 09:08:21 AM

Quote from: nasipadang on April 23, 2017, 08:44:35 AM

Many say risky because the price can change anytime and wait until the price rose from the price when buying it could be long maybe the profits not proportional to the time spent when waiting

Yes it is risky , any investment is risky because we arent sure if we were earn on it when we are in first time but you can have a less risk if you know what you do ,have an skills in trading it is not only buy low buy sell .So you must consider of the things that happen in any exchanges.

In the bitcoin earning platforms, Trading would be the best option for everyone. They just need a skill to make trading in right way and earn profit. If you fund around 100$ to 500$ also you can start trading and see the price chart continuously, Just aware of scammers around you thats enough to make profit from trading.

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Quote from: MiXxe on April 23, 2017, 09:08:21 AM

Quote from: nasipadang on April 23, 2017, 08:44:35 AM

Many say risky because the price can change anytime and wait until the price rose from the price when buying it could be long maybe the profits not proportional to the time spent when waiting

Yes it is risky , any investment is risky because we arent sure if we were earn on it when we are in first time but you can have a less risk if you know what you do ,have an skills in trading it is not only buy low buy sell .So you must consider of the things that happen in any exchanges.

Its all about how much patience you have and how much you can control your emotions. Sometimes people panic and sell or buy with emotions that is when Trading is risky, Otherwise it is planned calculations all the time.

MiXxe

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Quote from: nasipadang on April 23, 2017, 08:44:35 AM

Many say risky because the price can change anytime and wait until the price rose from the price when buying it could be long maybe the profits not proportional to the time spent when waiting

Yes it is risky , any investment is risky because we arent sure if we were earn on it when we are in first time but you can have a less risk if you know what you do ,have an skills in trading it is not only buy low buy sell .So you must consider of the things that happen in any exchanges.

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Many say risky because the price can change anytime and wait until the price rose from the price when buying it could be long maybe the profits not proportional to the time spent when waiting

Rasel5209

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i think trading is not risky if you know about all coin. when you buy you find her low rate and sell high rate. if any invariants it's price is low you wit some time

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Quote from: ilovefeetsmell on April 20, 2017, 11:07:40 AM

It is trading your bitcoin into goods or services. Trading into other products, it is more profitable I think. You must have good sales talk, know how to trade and know your products better to make others trade to your products. It's risky sometimes because you don't know what will gonna happen if you will earn more or having more profitable.

It's my first time hearing that kind of trade on bitcoins. how do we profit from that? Have you tried it yourself? i have heard trading goods to goods

using fiat? is it the same from that. Altcoin to bitcoin and bitcoin to fiat are the only ones i know. they are tested profitable to do online. i don't know if

that method of yours also does.

iMaster

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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.

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It is trading your bitcoin into goods or services. Trading into other products, it is more profitable I think. You must have good sales talk, know how to trade and know your products better to make others trade to your products. It's risky sometimes because you don't know what will gonna happen if you will earn more or having more profitable.

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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

Yep. The idea their is good and actually describe the trading but the one you've said is the strategy in order to have more earnings. The risky situation there is that you will risk all of your money to buy and somehow you didn't sure if the seller or buyer is legit. If that's the case and the seller or buyer isn't legit your money may be scammed or taken away by others without earning by you. You must know how trading works in able to avoid this situation.

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Quote from: bitcoinmasterlord on April 19, 2017, 07:59:13 AM

Quote from: Ashong Salonga on April 19, 2017, 01:18:25 AM

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

Ofcourse. Trading is risky if your knowledge abou it are very little or lack of knowledge. Even if you have lot of money or investment as long as you didn't know how trading is happen and what are the different strategies. You will fall and suddenlt your big amount of money will all get lost and you will fall down because of lack of knowledge. Bitcoin trading is a type of business people use to earn or grow their investment. You must know that rules and strategies to have a good earnings.

The method is easy just buy bitcoins at a low price and sell it for a high price. But for this, you must have enough knowledge. You must know where to buy and where to sell. In Trading market skills is important if you are poor in analysing market price then better don't enter this field it will be risky.

Yup. Trading is a method of selling and buying if the value is increasing or decreasing. Trading is one of the main soirce of income in bitcoin. In trading you must know the different rules and strategies in able to have a better income. Yet the risky situation in trading is you will risl your money in able to earn but sometimes it may be scammed or lost unpredictable.

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Quote from: AK47- on April 18, 2017, 11:04:44 AM

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 agree, you can not earn a lot of money absolutely without risking anything. Just need to think carefully each step to make the loss of minimal.

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