Topic: What is Bitcoin trading? can Bitcoin trading profitable without having lost? - page 3. (Read 578 times)
September 30, 2021, 03:32:15 PM
Trading Btc or any other crypto is volatile trading. It is not true to say that one always gains in crypto trading. They must have experienced loss. But from this loss there will be a lot of learning to be able to take attitudes and future actions. No pain No Gain, the motto of traders around me.
September 30, 2021, 03:20:05 PM
It is a speculative asset, it will have increase and decrease.
However those increases and decreases do not really exist outside of crypto vacuum. Sure in a regular day it is not really that volatile, it is quite mellow and it doesn't really have anything at all and it could be considered nearly stable. However the reality is that we are talking about something that could be very very risky when there are huge movements, those "famous person tweets about it" is just way too big to ignore.I have seen it go from 52k to 42k in under an hour (regrouped at 47k) just a few weeks ago, it hasn't recovered too much since and dropped back to 42k but that 10k drop was in under one hour. That should show you what it means to be volatile and that is why I doubt that bitcoin would ever be considered a riskless trading asset. I would be basically a very scared person when trading here, doesn't mean you shouldn't be trading, it just means the profits are higher and loses are higher as well.
September 30, 2021, 10:53:31 AM
-snip-here professional traders all over the world are bound to lose, but they can handle bitcoin well and manage risk well. so in my opinion it is impossible if bitcoin trading does not suffer losses
True, one will suffer losses when trading a speculative asset class but this does not mean that trading itself is a loss of money. For someone who knows how to read charts, they can predict and place orders to juggle between support and resistance levels. By doing this they can cycle money through the bear and bull cycle in turn crunching out a profit.[/quote]
which in essence whatever the current market conditions, using technical analysis and fundamental knowledge will provide benefits at every momentum. A professional trader will read the charts easily and determine when to enter and when to exit. But even so, no prediction or chart reading is 100% correct, there will be some errors and some losses. Profit is something that is always desired but loss is something that cannot be avoided. profit and loss is normal.
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September 30, 2021, 10:08:34 AM
You are right, although I have always thought that despite everything BTC can go down a lot in price, but in one way or another it will recover and quickly, so it will produce bullish surprises, this is what makes everything different from the stock market, because BTC never disappoints, when BTC falls in price all the enemies of BTC come out saying that the bubble burst, that it died and a series of news that long ago FUD, this is part of the story, but those who are very intelligent They know that when these events occur, it is best to buy in the dip, this is the best advantage the market has, and its recovery is very fast, so investing in BTC is one of the ones that offers the most benefits in the short and medium term. The secret of BTC investment is knowing how to be patient, not despair and try to ignore bad news about BTC, I think that is where the success of successful BTC investment starts.
You are also right and I agree with you. When we have experienced being involved in the crypto world, we will know that many people will act like a blown whistle and poison other to leave the crypto and sell their coins at a loss and do not look back. Those people can use the moment to buy so many potential coins when the price jumps down without any problem. I am sure by learning more about crypto, we will know what we need to do when the market goes to some point and we will not be afraid or worry if the price is suddenly going down because we always believe that in the end, the price will be back to the high price.For me not only don't panic the key to trading success, but we have to be patient and wait for the Bitcoin price to reach the target we want.
Sometimes Bitcoin moves not according to our predictions, when that happens don't panic and be patient waiting for the Bitcoin price to return
to the direction we want. Because the price of Bitcoin is volatile, the movement is difficult to predict, sometimes there is a sudden correction,
but it can also happen that the price of Bitcoin suddenly rises. But as long as we don't panic and can be patient, then the profit will come by itself.
Do not panic will be the key and I think that it works in any field or business. If we can stay calm, I am sure we will see a clue behind everything that happens to the market and who knows, we can see a golden moment that many people can not see. If bitcoin moves are out of our expectations, we can leave it for a while and do some analysis to know more info and if we can not get the info, maybe leaving the market will be better to calm down. The price correction will always happen and we already know about that so we do not have to panic. Sometimes Bitcoin moves not according to our predictions, when that happens don't panic and be patient waiting for the Bitcoin price to return
to the direction we want. Because the price of Bitcoin is volatile, the movement is difficult to predict, sometimes there is a sudden correction,
but it can also happen that the price of Bitcoin suddenly rises. But as long as we don't panic and can be patient, then the profit will come by itself.
September 30, 2021, 02:31:35 AM
remember bitcoin has high volatility,
"High Volatility" - My ass.https://t3index.com/indices/bit-vol/
https://www.buybitcoinworldwide.com/volatility-index/
Now dont tell me you cant read the charts above. As long it remains below 10%, it is not "high" volatility. It has been like this for ages unless some millionaire crazy person comes in to social media to brag about it when the volatility becomes crazy. Other times like this, it remains in this range below even 5%.
Quote
bitcoin was created not to fully experience increases but also decreases.
It is a speculative asset, it will have increase and decrease.Quote
here professional traders all over the world are bound to lose, but they can handle bitcoin well and manage risk well. so in my opinion it is impossible if bitcoin trading does not suffer losses
True, one will suffer losses when trading a speculative asset class but this does not mean that trading itself is a loss of money. For someone who knows how to read charts, they can predict and place orders to juggle between support and resistance levels. By doing this they can cycle money through the bear and bull cycle in turn crunching out a profit. September 26, 2021, 08:14:46 AM
I have spent time to read about Bitcoin trading, hence want to comprehend how it influence and overwhelm The market in this forum.as a newbie who's interested and curious about Bitcoin trading, eager to be impacted with knowledge from my superiors (legendary and hero members etc)
Understand that most of trading are what you teach yourself and not only what you read on YouTube.. You must have to teach yourself after having the basic knowledge through seminar or other means, those are the basic. You then have to move out of that training to have your own understanding of the situations of market. The two major factors that push market are fundamental and technical. Focus more on the technical aspect of trading, those are the charts.
September 24, 2021, 11:04:53 PM
I have spent time to read about Bitcoin trading, hence want to comprehend how it influence and overwhelm The market in this forum.as a newbie who's interested and curious about Bitcoin trading, eager to be impacted with knowledge from my superiors (legendary and hero members etc)
remember bitcoin has high volatility, bitcoin was created not to fully experience increases but also decreases. here professional traders all over the world are bound to lose, but they can handle bitcoin well and manage risk well. so in my opinion it is impossible if bitcoin trading does not suffer losses September 24, 2021, 04:48:43 PM
I have spent time to read about Bitcoin trading, hence want to comprehend how it influence and overwhelm The market in this forum.as a newbie who's interested and curious about Bitcoin trading, eager to be impacted with knowledge from my superiors (legendary and hero members etc)
I think it's impossible to be profitable in BTC trading without experiencing losses because it's a skill that can only be built by years of trading experience and learning from numerous losses. Just like what most people say "If you win, you earned a profit, and If you lose, you learn from it". Trading is simple but it's not easy.
They need to recognize that by definition trading includes a significant amount of risk they are going to lose their money, so only those that are willing to take that risk responsibly should trade, unfortunately the majority of the people do not really fit that definition, and despite all of this they still trade with abysmal results.
September 17, 2021, 03:20:33 PM
~
The ever-changing market makes us have to monitor the market often. No matter how great our analytical skills are, we will definitely experience losses when trading Bitcoin. Likewise for experienced traders it is impossible to profit without experiencing losses. In fact, losses are experienced
by all traders, all we need is to minimize the losses we experience, and maximize the profits we generate. As long as we don't give up and always
correct our mistakes when trading, then I believe the amount of profit we generate will be greater than the losses we experience. I agree with you,
when we lose today, we can profit the next day. So if we experience losses, don't panic, because that's not the end of everything. We can still make
a profit as long as we do the analysis correctly.
For me not only don't panic the key to trading success, but we have to be patient and wait for the Bitcoin price to reach the target we want.
Sometimes Bitcoin moves not according to our predictions, when that happens don't panic and be patient waiting for the Bitcoin price to return
to the direction we want. Because the price of Bitcoin is volatile, the movement is difficult to predict, sometimes there is a sudden correction,
but it can also happen that the price of Bitcoin suddenly rises. But as long as we don't panic and can be patient, then the profit will come by itself.
September 17, 2021, 11:49:45 AM
Losing in trading is always possible same with investing. Because sometimes everything is not going to happen according to what we plan, because crypto is always moving up and down and many trader cannot control their emotions when market will having a huge dip which lead them to loss their fucos and make a change of plan that is why sometimes they loss.
September 17, 2021, 11:19:22 AM
I have spent time to read about Bitcoin trading, hence want to comprehend how it influence and overwhelm The market in this forum.as a newbie who's interested and curious about Bitcoin trading, eager to be impacted with knowledge from my superiors (legendary and hero members etc)
A trader will get a loss someday because the trader can not always take profit, even in bitcoin. But what makes it different is that a good trader can change the situation by recovering their losses and learning more about trading. You only need to learn how to be a good trader, make a profit, and control your emotion because, in trading, you will face many things that can make your emotion or tension or pressure high. If you lose, you will have a good lesson to analyze why you lose to improve your skills in the next trading.You are right, although I have always thought that despite everything BTC can go down a lot in price, but in one way or another it will recover and quickly, so it will produce bullish surprises, this is what makes everything different from the stock market, because BTC never disappoints, when BTC falls in price all the enemies of BTC come out saying that the bubble burst, that it died and a series of news that long ago FUD, this is part of the story, but those who are very intelligent They know that when these events occur, it is best to buy in the dip, this is the best advantage the market has, and its recovery is very fast, so investing in BTC is one of the ones that offers the most benefits in the short and medium term. The secret of BTC investment is knowing how to be patient, not despair and try to ignore bad news about BTC, I think that is where the success of successful BTC investment starts.
September 17, 2021, 09:23:26 AM
Trading bitcoin is not just about numbers, it is important to understand the underlined idea behind bitcoin, you can then position yourself to make most of opportunities that will be presented to you by volatility of Cryptocurrency market! Every time there is a dump, fear, rumors, negative news, etc most experienced traders know that these are opportunities for lower entry and good position for future profits!
Exactly, it is as they say 'buy when there's blood in the streets'. This is the attitude smart investors are taking and it is imperative that in order to survive the volatility market, users with a long-term plan in mind need to adjust the same strategies. FUD is always around but when it becomes such that it impacts the market greatly, it is time to consider buying in because the. market will eventually recover!
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September 17, 2021, 08:16:06 AM
Losses will be very possible when it comes to bitcoin trading even how good or expert you are. The good traders may overcome from committing losses often but still, they end up losing somehow. Because if trading does not incur losses most often, then everyone will focus on it rather than simply investing and holding. But it will not be that way. The more you get knowledgeable and skilled in trading, the higher chances that you will make profits than losing your capital. But even how often you make profits, expect that you will also lose sometimes because bitcoin trading is just between losing your money or winning your profits. If you lose, the other trader wins profits too.
A good trader will have a chance to overcome their problem, especially if they got losses from the last trade and they can turn it to make a profit from the next trading. That will not be easy because that will need more experience to analyze the coin and find the increase. Trading will need you to learn more as the market will always move without us know so without having the right knowledge about trading. And if we lose today, we can make a profit in the next day and the important thing is we do not have to give up because of our losses today.The ever-changing market makes us have to monitor the market often. No matter how great our analytical skills are, we will definitely experience
losses when trading Bitcoin. Likewise for experienced traders it is impossible to profit without experiencing losses. In fact, losses are experienced
by all traders, all we need is to minimize the losses we experience, and maximize the profits we generate. As long as we don't give up and always
correct our mistakes when trading, then I believe the amount of profit we generate will be greater than the losses we experience. I agree with you,
when we lose today, we can profit the next day. So if we experience losses, don't panic, because that's not the end of everything. We can still make
a profit as long as we do the analysis correctly.
September 16, 2021, 05:37:54 AM
Losses will be very possible when it comes to bitcoin trading even how good or expert you are. The good traders may overcome from committing losses often but still, they end up losing somehow. Because if trading does not incur losses most often, then everyone will focus on it rather than simply investing and holding. But it will not be that way. The more you get knowledgeable and skilled in trading, the higher chances that you will make profits than losing your capital. But even how often you make profits, expect that you will also lose sometimes because bitcoin trading is just between losing your money or winning your profits. If you lose, the other trader wins profits too.
A good trader will have a chance to overcome their problem, especially if they got losses from the last trade and they can turn it to make a profit from the next trading. That will not be easy because that will need more experience to analyze the coin and find the increase. Trading will need you to learn more as the market will always move without us know so without having the right knowledge about trading. And if we lose today, we can make a profit in the next day and the important thing is we do not have to give up because of our losses today.The ever-changing market makes us have to monitor the market often. No matter how great our analytical skills are, we will definitely experience
losses when trading Bitcoin. Likewise for experienced traders it is impossible to profit without experiencing losses. In fact, losses are experienced
by all traders, all we need is to minimize the losses we experience, and maximize the profits we generate. As long as we don't give up and always
correct our mistakes when trading, then I believe the amount of profit we generate will be greater than the losses we experience. I agree with you,
when we lose today, we can profit the next day. So if we experience losses, don't panic, because that's not the end of everything. We can still make
a profit as long as we do the analysis correctly.
September 16, 2021, 05:37:34 AM
Trading bitcoin is not just about numbers, it is important to understand the underlined idea behind bitcoin, you can then position yourself to make most of opportunities that will be presented to you by volatility of Cryptocurrency market! Every time there is a dump, fear, rumors, negative news, etc most experienced traders know that these are opportunities for lower entry and good position for future profits!
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
September 16, 2021, 05:18:24 AM
I have spent time to read about Bitcoin trading, hence want to comprehend how it influence and overwhelm The market in this forum.as a newbie who's interested and curious about Bitcoin trading, eager to be impacted with knowledge from my superiors (legendary and hero members etc)
A trader will get a loss someday because the trader can not always take profit, even in bitcoin. But what makes it different is that a good trader can change the situation by recovering their losses and learning more about trading. You only need to learn how to be a good trader, make a profit, and control your emotion because, in trading, you will face many things that can make your emotion or tension or pressure high. If you lose, you will have a good lesson to analyze why you lose to improve your skills in the next trading. September 16, 2021, 01:16:57 AM
I have spent time to read about Bitcoin trading, hence want to comprehend how it influence and overwhelm
That means you did not read the necessary writing. Because if you did you would not be asking this question.If you having zero prior experience in stock markets and other speculative asset trading, you should refrain from bitcoin trading at the start. Learn how the blockchain works and how to secure your wallets before starting trading.
Quote
The market in this forum.
The "Marketplace" in this forum is usually for goods and services. Currency exchanging also happens but not trading per se. Quote
as a newbie who's interested and curious about Bitcoin trading, eager to be impacted with knowledge from my superiors (legendary and hero members etc)
What I said above, dont jump into trading because there will be losses and profits. In the starting usually losses are more than profits. Try dummy trading on paper first for at least six months before putting in real capital. 
September 16, 2021, 12:18:38 AM
I have spent time to read about Bitcoin trading, hence want to comprehend how it influence and overwhelm The market in this forum.as a newbie who's interested and curious about Bitcoin trading, eager to be impacted with knowledge from my superiors (legendary and hero members etc)
I think it's impossible to be profitable in BTC trading without experiencing losses because it's a skill that can only be built by years of trading experience and learning from numerous losses. Just like what most people say "If you win, you earned a profit, and If you lose, you learn from it". Trading is simple but it's not easy.
September 15, 2021, 06:38:37 PM
if you can trade well then of course you will get a profit. but for beginners, of course, failure is a natural thing and we cannot blame it too much. we must be able to rise and learn from the mistakes that have been accepted. failure does not mean finished, we can still fix it and be more careful in the future. just follow the flow and you will get your own passion in trading, all that takes time and also a process.
September 15, 2021, 05:23:16 PM
I have spent time to read about Bitcoin trading, hence want to comprehend how it influence and overwhelm The market in this forum.as a newbie who's interested and curious about Bitcoin trading, eager to be impacted with knowledge from my superiors (legendary and hero members etc)
Trading is basically predicting the future and there are many people who argue about the fact that is gambling or not, but never the less it requires skill and a lot of experience, an experience that comes from losing over and over until you find the one that profits you, and if trading had never any losses than everyone on earth would quit there join and start trading but that does not mean that you can not find a balance between making profits and recovering or learning from your losses. Jump to: