What Is Bitcoin Trading and Why It's risky? - page 8.

sportis

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Quote from: virasisog on February 25, 2017, 08:24:22 AM

Its not that too risky , Yes basicaly its buy low sell high you can get profit there but trading is not only about bitcoins the big profits is on some cryptocurrencies that is more risky to trade .Idealy trading and gambling is different ,trading is which you can earn profits by your skills and knowledge about trading .The more you learn on your mistakes and make it correct you will earn profits in time. It need time to learn you must be careful and open to change ways if you have a mistake on trade .Try to trade small amounts when you start for you to see some basic and experience the trade .

I'm convinced that like many other things in this life things are not completely black or white. Apparently trading is risky due to quick and sometimes very good profit. Apart from the experience, which is valuable, the trader must learn to stand on the actual information from the intentional misinformation and rumors. Thereafter, the trading psychology of course is different for everyone and determines the way of moves on a daily basis. There are people who always follow some rules and others every time move against these because they believe in their feelings.

Ewinsane

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Quote from: gribble on February 26, 2017, 05:30:39 AM

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.

yeah this is the main aim of trading to get profit already people think about profit when they joining the trade and i do not think that trading of bitcoin is risky because bitcoin is the strongest crypto currency and predict of bitcoin price is much more easy and there is a lot of people are sure about bitcoin price that bitcoin will be more and more increasing its value day by day because bitcoin is advance and modern currency and everyone adopting bitcoin too quickly.

virusasog

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Quote from: virasisog on February 25, 2017, 08:24:22 AM

Its not that too risky , Yes basicaly its buy low sell high you can get profit there but trading is not only about bitcoins the big profits is on some cryptocurrencies that is more risky to trade .Idealy trading and gambling is different ,trading is which you can earn profits by your skills and knowledge about trading .The more you learn on your mistakes and make it correct you will earn profits in time. It need time to learn you must be careful and open to change ways if you have a mistake on trade .Try to trade small amounts when you start for you to see some basic and experience the trade .

This is a simple way how we need to start trading with bitcoins. Simply we need to have a truster escrow in your all the trades and check the people whether they are scammers or a trusted person before you start trading with it. Localbitcoins is a best option everyone who is start a trade with the low fund.

gribble

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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.

johnson07

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Quote from: CraigWrightBTC on February 24, 2017, 04:21:48 AM

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.

Thats right but there is another one, which is buy high then sell higher soud much crazy but it works for me,, you should have a good analysis, one mistake can make disaster,

virasisog

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Its not that too risky , Yes basicaly its buy low sell high you can get profit there but trading is not only about bitcoins the big profits is on some cryptocurrencies that is more risky to trade .Idealy trading and gambling is different ,trading is which you can earn profits by your skills and knowledge about trading .The more you learn on your mistakes and make it correct you will earn profits in time. It need time to learn you must be careful and open to change ways if you have a mistake on trade .Try to trade small amounts when you start for you to see some basic and experience the trade .

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Quote from: gabmen on February 25, 2017, 05:55:59 AM

Quote from: CraigWrightBTC on February 24, 2017, 04:21:48 AM

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.

gabmen

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Quote from: CraigWrightBTC on February 24, 2017, 04:21:48 AM

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

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Quote from: icecube45 on February 18, 2017, 06:46:41 AM

Quote from: Mr.grin on February 18, 2017, 02:02:47 AM

Quote from: bitbob82 on February 17, 2017, 04:01:31 PM

Quote from: daringdiscovered on February 17, 2017, 07:37:53 AM

Bitcoin trading is exchanging your bitcoin to any form of fiat like usd, jpy, etc. and vice versa. It is risky because bitcoin's price is very volatile. It can rise or drop for more than 1$ in just a single day. If you bought in a price that is too high it will be difficult for you to sell it at even in a higher price, it can take some months to sell it. A single negative news can affect the price of bitcoin which makes it to do bitcoin trading.

i think not only bitcoin trading but all types of trading are risky and there are always chance of losing money in trading. if we invest bitcoin in alt coins for making money it is called bitcoin trading, changing bitcoin in fiat or fiat in to bitcoin is called bitcoin trading.

Well, I guess not only bitcoin trading risk, but, like all forex trading, or trading altcoin also have the same risk. trading is not just selling and buying, but also look for information, and it takes a good skill in that, in order to analyze the rise and the fall in prices will occur. trading risky, because if you're wrong analyze, then the loss will come to you.

Yes any trade has a big risk, the difference is the place. Sometimes there are some places that manipulate prices so it is difficult to make a profit. So it should be able to choose a place that really could be trusted so it can get the full profit. And you're right, trade is not only to sell and buy, but it should be looking for price information and analyze it well, and skill required here.

easy , choose the bigger place to trade and then there low chance only for anyone to manipulate the market , it's happened when there is low volume and there is big player , make the market manipulatable. there is nothing free from risk , it's always there and you have to take it to get money. that's the simple principle to make money through trading.

CraigWrightBTC

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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.

Casabrandy

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Quote from: DoublerHunter on February 18, 2017, 07:43:15 AM

Bitcoin trading is like what you are doing in real life. It is all about buy and sell, I know that you don't often sell. But sometimes you do it. Trading is exchanging something to something. Confusing huh? Well, Trading is simple because you just need money or bitcoin to do buy and sell stocks or other coins, that is it. Why it is risky? Well not much, It is risky if you don't have no idea on what you are doing but if you are well educated trader then there will be a smaller risk and a bigger chance of getting profit. So what is the lesson? Study first before going into trading because that is jungle with a lot of hungry animals that always want your money.

Right,it this thing needs more of study and skills too. Before entering into trading we better have know what it is real for. And what strategies we might do to be able to learn and invest on it. Trading needs to be done in most perfect time to be successful,trade when you think the time is right and you'll be able to sell it soon bigger.

DoublerHunter

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Bitcoin trading is like what you are doing in real life. It is all about buy and sell, I know that you don't often sell. But sometimes you do it. Trading is exchanging something to something. Confusing huh? Well, Trading is simple because you just need money or bitcoin to do buy and sell stocks or other coins, that is it. Why it is risky? Well not much, It is risky if you don't have no idea on what you are doing but if you are well educated trader then there will be a smaller risk and a bigger chance of getting profit. So what is the lesson? Study first before going into trading because that is jungle with a lot of hungry animals that always want your money.

icecube45

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Quote from: Mr.grin on February 18, 2017, 02:02:47 AM

Quote from: bitbob82 on February 17, 2017, 04:01:31 PM

Quote from: daringdiscovered on February 17, 2017, 07:37:53 AM

Bitcoin trading is exchanging your bitcoin to any form of fiat like usd, jpy, etc. and vice versa. It is risky because bitcoin's price is very volatile. It can rise or drop for more than 1$ in just a single day. If you bought in a price that is too high it will be difficult for you to sell it at even in a higher price, it can take some months to sell it. A single negative news can affect the price of bitcoin which makes it to do bitcoin trading.

i think not only bitcoin trading but all types of trading are risky and there are always chance of losing money in trading. if we invest bitcoin in alt coins for making money it is called bitcoin trading, changing bitcoin in fiat or fiat in to bitcoin is called bitcoin trading.

Well, I guess not only bitcoin trading risk, but, like all forex trading, or trading altcoin also have the same risk. trading is not just selling and buying, but also look for information, and it takes a good skill in that, in order to analyze the rise and the fall in prices will occur. trading risky, because if you're wrong analyze, then the loss will come to you.

Yes any trade has a big risk, the difference is the place. Sometimes there are some places that manipulate prices so it is difficult to make a profit. So it should be able to choose a place that really could be trusted so it can get the full profit. And you're right, trade is not only to sell and buy, but it should be looking for price information and analyze it well, and skill required here.

Mr.grin

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Quote from: bitbob82 on February 17, 2017, 04:01:31 PM

Quote from: daringdiscovered on February 17, 2017, 07:37:53 AM

Bitcoin trading is exchanging your bitcoin to any form of fiat like usd, jpy, etc. and vice versa. It is risky because bitcoin's price is very volatile. It can rise or drop for more than 1$ in just a single day. If you bought in a price that is too high it will be difficult for you to sell it at even in a higher price, it can take some months to sell it. A single negative news can affect the price of bitcoin which makes it to do bitcoin trading.

i think not only bitcoin trading but all types of trading are risky and there are always chance of losing money in trading. if we invest bitcoin in alt coins for making money it is called bitcoin trading, changing bitcoin in fiat or fiat in to bitcoin is called bitcoin trading.

Well, I guess not only bitcoin trading risk, but, like all forex trading, or trading altcoin also have the same risk. trading is not just selling and buying, but also look for information, and it takes a good skill in that, in order to analyze the rise and the fall in prices will occur. trading risky, because if you're wrong analyze, then the loss will come to you.

AUDREY23

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trading is the buying and selling altcoin or with bitcoin, essentially we buy it at a low price and sold at high prices, while the risk is when you defeat such as you buy at high prices but the sudden price drops dramatically, because you are afraid the price is getting down later you sell it at that price then you will run the risk of losses, so my advice before trading it helps first learn how to read charts and lots of market
thanks hopefully help because we are at the same learning

bitbob82

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Quote from: daringdiscovered on February 17, 2017, 07:37:53 AM

Bitcoin trading is exchanging your bitcoin to any form of fiat like usd, jpy, etc. and vice versa. It is risky because bitcoin's price is very volatile. It can rise or drop for more than 1$ in just a single day. If you bought in a price that is too high it will be difficult for you to sell it at even in a higher price, it can take some months to sell it. A single negative news can affect the price of bitcoin which makes it to do bitcoin trading.

i think not only bitcoin trading but all types of trading are risky and there are always chance of losing money in trading. if we invest bitcoin in alt coins for making money it is called bitcoin trading, changing bitcoin in fiat or fiat in to bitcoin is called bitcoin trading.

virusasog

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Quote from: cramcram21 on February 17, 2017, 11:56:16 AM

Well you are right about buying something at low price and selling it in high,
That is how trading goes but the only risky part is that you don't really know if the currency that you bought will really going to rise up.

What you mean to say here. All the people involves in trading is knows that bitcoin and its value. All the trades have possibility to fail also if you not fine with your trading skills. Always make sure using any site platform to sell or buy bitcoin and have escrow in all your trade to show your reliability and for your safety.

cramcram21

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Well you are right about buying something at low price and selling it in high,
That is how trading goes but the only risky part is that you don't really know if the currency that you bought will really going to rise up.

grandy

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Quote from: aardvark15 on February 16, 2017, 11:45:53 PM

Buying Bitcoin in general is risky because we don't know what the future holds for Bitcoin. Also, if you buy now with the plan of selling for a profit, you don't know if the price will drop to $500 tomorrow because of the volatility.

yes no doubt about this that trading bitcoin is risky but in fact not only bitcoin trading but all types of trading are risky. adn we can only get profit if we will take the risk. without taking risk there is not profit in trading.

ImHash

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WOW seems like when OP posted price was under $700 in another words if you'd bought 10000BTC back then at $550 and $700
lets take an average price like $650 and that would be $6.5M and now after 6 months you could sell them at $1000 that would've been $3.5M pure profit now tell me more about risks involved in bitcoin trading.

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