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Topic: What Is Bitcoin Trading and Why It's risky? - page 7. (Read 26373 times)

sr. member
Activity: 1162
Merit: 258
1xbit.com
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
The bitcoin trading such as trade in general, differ only in goods. why risk? all trades are at risk if prices did not rise they will experience the same loss as trade bitcoin and because price of bitcoin fluctuatif will be difficult to determine the right time to buy and sell bitcoin.
hero member
Activity: 644
Merit: 500
Transact Safer / Chase Better
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
Yes trading bitcoin is too risky you don't know what happen next. If bitcoin can goes up or drop down thats why buying bitcoin in lower price don't buy it if the price is so high. You can lose or you can win that is the impression of bitcoin trading to me.
i do not think that trading is risky because i also earning a good profit from bitcoin trading i mostly buy bitcoin with low price and then sell it with highest price and i do not face a risk.

The problem is not with the people who sell when rises and buys when it's decreasing, but the people who do day trading sometimes may feel that bitcoin trading is risky. But many new are attracted to bitcoin, so beginners will deal tough job with bitcoin trading.
hero member
Activity: 1820
Merit: 537
may have much to explain about bitcoin trades. atlcoin trading is basically similar to the tradig forex, just use bitcoin as its trading tools. besides, it is so risky, because of the increase and decrease in the price of bitcoin happened so fast, and it can make a big loss in just a few hours if you're not paying attention.
Its more than words to explain ,it needs more and more experience and its risk will be going anytime as you don't know how to mangae the trades in particular the time when pumpers and dunpers go in just a few seconds or minutes to for which you can make big profit or just be a bag holder or else you sold it in time when the market is going down. The volatility of the market will be so fast so a better move will be come out as we experience and make adjustments in every trade so we can lessen the risk of losing big amount in the future trades.
legendary
Activity: 2534
Merit: 1338
It is risky because you are never sure what it is going to happen even if you take your time to run an analysis there is always the chance you made a mistake  or if time is wrong and a bad news comes to then you run the risk of losing money.
hero member
Activity: 980
Merit: 506
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
Yes trading bitcoin is too risky you don't know what happen next. If bitcoin can goes up or drop down thats why buying bitcoin in lower price don't buy it if the price is so high. You can lose or you can win that is the impression of bitcoin trading to me.
i do not think that trading is risky because i also earning a good profit from bitcoin trading i mostly buy bitcoin with low price and then sell it with highest price and i do not face an risk.
Trading would be riskier if a trader trades a new coin since there are big possibility that a new crypto currency coin could failed or succeed which could cause volotality/huge pump for its rate. However, to avoid this risk, it's better to trade old coin which has a huge volume of btc being trade for less risk to avoid volitality.

It's less risky to trade Bitcoin and the major altcoins. You could get lucky with a new altcoin but it's also very possible that a new coin will go on the market with good volume for a few weeks and then everyone sells and the price drops to zero and it dies. That has happened to me a couple of times.
you are right that bitcoin trading is very much less risky because bitcoin is very much powerful currency and increasing ts price too much faster day by day and there is a lot of people just trade bitcoin.
yeah bitcoin trading is profitable and there is very much low risk of bitcoin trading because there is a lot of people investing their money in bitcoin without any worry.
hero member
Activity: 514
Merit: 500
may have much to explain about bitcoin trades. atlcoin trading is basically similar to the tradig forex, just use bitcoin as its trading tools. besides, it is so risky, because of the increase and decrease in the price of bitcoin happened so fast, and it can make a big loss in just a few hours if you're not paying attention.
hero member
Activity: 952
Merit: 503
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
Yes trading bitcoin is too risky you don't know what happen next. If bitcoin can goes up or drop down thats why buying bitcoin in lower price don't buy it if the price is so high. You can lose or you can win that is the impression of bitcoin trading to me.
i do not think that trading is risky because i also earning a good profit from bitcoin trading i mostly buy bitcoin with low price and then sell it with highest price and i do not face an risk.
Trading would be riskier if a trader trades a new coin since there are big possibility that a new crypto currency coin could failed or succeed which could cause volotality/huge pump for its rate. However, to avoid this risk, it's better to trade old coin which has a huge volume of btc being trade for less risk to avoid volitality.

It's less risky to trade Bitcoin and the major altcoins. You could get lucky with a new altcoin but it's also very possible that a new coin will go on the market with good volume for a few weeks and then everyone sells and the price drops to zero and it dies. That has happened to me a couple of times.
you are right that bitcoin trading is very much less risky because bitcoin is very much powerful currency and increasing ts price too much faster day by day and there is a lot of people just trade bitcoin.
hero member
Activity: 924
Merit: 500
Trading is simple, when the price is low it is time to buy it
and sell when the price is high.

For newbie these words seems to very simple because newbie thinks that bitcoin trading is very easy. Off course bitcoin trading is easy but you need patience when it come bitcoin trading. Some time the price will be very high you cannot able to buy them, so you need to be very active when comes to trading.

It's sounds like this trading activity just watch the chart for a long day, i would say it's not efficient. Better to learn how analyze fundamental and technical in trading, if you are already proficient you don't need to watch price movement for a long day, just makes a limit order to buy/sell.

Yes of course the patience is necessary to manage the risk, there's no free risk in any aspects, manage it will decreased the risk or even can be a profit.
You are correct, we all know that there is two kinds of trading here such as Day trading and long term trading basis. And between the two day trade is more profitable than a long term, though they are both giving profit. only there differences was on a day trade it needs effort to monitor the movement of the coins in the market while the other one it doesn't necessary, but to wait it for the right time of years.
hero member
Activity: 868
Merit: 504
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
Yes trading bitcoin is too risky you don't know what happen next. If bitcoin can goes up or drop down thats why buying bitcoin in lower price don't buy it if the price is so high. You can lose or you can win that is the impression of bitcoin trading to me.
i do not think that trading is risky because i also earning a good profit from bitcoin trading i mostly buy bitcoin with low price and then sell it with highest price and i do not face an risk.
Trading would be riskier if a trader trades a new coin since there are big possibility that a new crypto currency coin could failed or succeed which could cause volotality/huge pump for its rate. However, to avoid this risk, it's better to trade old coin which has a huge volume of btc being trade for less risk to avoid volitality.

It's less risky to trade Bitcoin and the major altcoins. You could get lucky with a new altcoin but it's also very possible that a new coin will go on the market with good volume for a few weeks and then everyone sells and the price drops to zero and it dies. That has happened to me a couple of times.
Trading market always risky. You must have good activity the whole trading market and will experiment, make right prediction, otherwise it will become high risk. Skills yourself where a very basic level, there are obvious sources of risk.
hero member
Activity: 1008
Merit: 510
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
Yes trading bitcoin is too risky you don't know what happen next. If bitcoin can goes up or drop down thats why buying bitcoin in lower price don't buy it if the price is so high. You can lose or you can win that is the impression of bitcoin trading to me.
i do not think that trading is risky because i also earning a good profit from bitcoin trading i mostly buy bitcoin with low price and then sell it with highest price and i do not face an risk.
Trading would be riskier if a trader trades a new coin since there are big possibility that a new crypto currency coin could failed or succeed which could cause volotality/huge pump for its rate. However, to avoid this risk, it's better to trade old coin which has a huge volume of btc being trade for less risk to avoid volitality.

It's less risky to trade Bitcoin and the major altcoins. You could get lucky with a new altcoin but it's also very possible that a new coin will go on the market with good volume for a few weeks and then everyone sells and the price drops to zero and it dies. That has happened to me a couple of times.
sr. member
Activity: 966
Merit: 274
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
Yes trading bitcoin is too risky you don't know what happen next. If bitcoin can goes up or drop down thats why buying bitcoin in lower price don't buy it if the price is so high. You can lose or you can win that is the impression of bitcoin trading to me.
i do not think that trading is risky because i also earning a good profit from bitcoin trading i mostly buy bitcoin with low price and then sell it with highest price and i do not face an risk.
Trading would be riskier if a trader trades a new coin since there are big possibility that a new crypto currency coin could failed or succeed which could cause volotality/huge pump for its rate. However, to avoid this risk, it's better to trade old coin which has a huge volume of btc being trade for less risk to avoid volitality.
hero member
Activity: 952
Merit: 503
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
Yes trading bitcoin is too risky you don't know what happen next. If bitcoin can goes up or drop down thats why buying bitcoin in lower price don't buy it if the price is so high. You can lose or you can win that is the impression of bitcoin trading to me.
i do not think that trading is risky because i also earning a good profit from bitcoin trading i mostly buy bitcoin with low price and then sell it with highest price and i do not face an risk.
sr. member
Activity: 784
Merit: 250
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
The simplest explanation of trading is, its the platform where all traders are watching or monitoring the price value of each coin token together with bitcoin which they can do set a  buy wall orders and set sell wall orders depending on you.
legendary
Activity: 1120
Merit: 1000
Bitcoin was always not on standstill position or almost not all. It can unexpectedly decrease or increase it's price for even a minute which makes it risky. Though the profit with pertains to trading bitcoins was larger than other means the loss was also if you are not successful on your trading strategy would be the same. Unless you understand fully the way the fluctuation of bitcoin prices were it much easier to handle even with risk.But still the risk is still there.
actually a lot of people are still entering in the world of bitcoin, which is increasing the demand of the bitcoin and so the price increase, on other side people are trading bitcoin so some time when they fee that the price is going to increase to so they start buying bitcoin which also cause the increase in price of bitcoin. i think in future as time pass bitcoin will become more and more stable.
sr. member
Activity: 630
Merit: 250
★Bitvest.io★ Play Plinko or Invest!
Bitcoin was always not on standstill position or almost not all. It can unexpectedly decrease or increase it's price for even a minute which makes it risky. Though the profit with pertains to trading bitcoins was larger than other means the loss was also if you are not successful on your trading strategy would be the same. Unless you understand fully the way the fluctuation of bitcoin prices were it much easier to handle even with risk.But still the risk is still there.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
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
Yes trading bitcoin is too risky you don't know what happen next. If bitcoin can goes up or drop down thats why buying bitcoin in lower price don't buy it if the price is so high. You can lose or you can win that is the impression of bitcoin trading to me.
Buying in high price of bitcoin is not a bad idea because if you are long term trader and into long term investment then you can buy a lot of bitcoins even now where the price is high and you can earn small profits because the price now is keep on rising. If you bought your bitcoin for a high price then hodl it for a long time and that will make an assurance that you earn profit.
hero member
Activity: 630
Merit: 500
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
Yes trading bitcoin is too risky you don't know what happen next. If bitcoin can goes up or drop down thats why buying bitcoin in lower price don't buy it if the price is so high. You can lose or you can win that is the impression of bitcoin trading to me.
sr. member
Activity: 462
Merit: 250
February 28, 2017, 04:20:25 PM
Bitcoin trading is buy and sell bitcoin ( buy on low price and sell on high price from Buyung) to fiat money
the aim of trading is looking for profit or money on it, trading is high risk because of fast fluctuation of price,
 the price is very difficult be predicted and if we are wrong prediction will be losing money because of trading.
yes good prediction can help you, but if  you are doing a wrong prediction that it can cause a big trouble and you can even lose your good amount of bitcoin and therefore you must be very much careful while predicting about bitcoin.
sr. member
Activity: 1190
Merit: 253
February 27, 2017, 04:36:38 PM
Trading activity is buy bitcoin with low price and  sell on high price, it will become high risk if we can not make right prediction and the fact there are not traders who know about the movement of price, we can do hold the coins if we are wrong prediction but the problem we can not get profit/income from trading, that is why we need trading plan before investing into trading include do cut lost if we are wrong prediction.

Well that goes for any investments and i agree, the more you plan and research when you do trading, the higher the possibility of a successful trade. Of course it's not guaranteed that all trades would go as how you planned it, there would be times when you would miss the right time to buy or sell. But in general, proper study and planning can make you a rich person with trading

Sometimes, You don't even need to read a bunch of articles and books or watch a lot of tutorials to be skilled in trading. The

experience you got when you're trading will make your skills. That's why if you're interested in trading it is always a must to try it

and don't be discouraged if you lose since almost all traders undergone what you have experienced. Just to clarify, It doesn't
mean
that you don't have to study about trading, What I mean is you just have to know the basics.

But it would be better if you have the foundation of knowledge about trading.  Experience alone is not sufficient to tell the upcoming trend of a market if you do not research  the "what is going" on your stocks or read articles on new trends and other competitors, you will probably react late.  The thorough research and article reading is for us to know the upcoming or future trend of the market.
sr. member
Activity: 378
Merit: 250
February 27, 2017, 04:16:10 PM
Trading activity is buy bitcoin with low price and  sell on high price, it will become high risk if we can not make right prediction and the fact there are not traders who know about the movement of price, we can do hold the coins if we are wrong prediction but the problem we can not get profit/income from trading, that is why we need trading plan before investing into trading include do cut lost if we are wrong prediction.
yes that is right that in present time the best trading is to purchase bitcoin because it is expected that the bitcoin price is going to increase more and more and very soon the price of bitcoin will reach to a high price and that is the reason that we expecting more hopes from bitcoin.i think ths trend must also be continue.
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