This should be a example for the recent traders. We might never see price for bitcoins this low again and now as we are below $10,000 we should continue having profits by day trading with these price changes. In the current times, price for bitcoins is almost changing by $500 per day which is really a good option for a lot of traders to have profits. Major volume of trades can give major profits.
Just imagine, trading with 1 BTC can instantly make you earn $500 per day if you were able to buy at the dip and sell on peak. These profits can be seriously achieved per day if you continue to trade with bitcoins but you need to have immense knowledge about what exactly you are doing because the markets can slip anytime giving you excess loss.
Topic: When bitcoin price is low, any slight movement is more profitable. Here is why. - page 2. (Read 262 times)
February 04, 2020, 10:59:04 AM
February 04, 2020, 10:22:10 AM
Most people dream of bitcoin to reach $100K or $1 million dollars value but according to my calculations low prices can bring more profit when the price movements are small. Let me tell you the reason.
Suppose bitcoin price is $10.000 and it increases by just $200 to reach $10.200 during a day. This is 2% profit (excluding fees). In other words, it is $2 profit with $100 investment.
Now Suppose bitcoin is $4.000 and it goes up by the same $200 and reaches $4.200. This is 5% profit! (excluding fees). In other words, it is $5 profit with $100 investment.
So, the amount of price movement was the same in both examples, but you will get 2.5x more profit in the second scenario! That's a big difference. Therefore, when bitcoin price stays low it can be more profitable for daily trading with small changes in price.
I didn't know if trading was so simple. If you know when price rises, falls and etc, then yeah, such trading will bring you 100x more profit but in reality it's not like that and such trading isn't profitable. You may profit but you need a lot of time to see charts, read bitcoin related news + add luck to all of these.Suppose bitcoin price is $10.000 and it increases by just $200 to reach $10.200 during a day. This is 2% profit (excluding fees). In other words, it is $2 profit with $100 investment.
Now Suppose bitcoin is $4.000 and it goes up by the same $200 and reaches $4.200. This is 5% profit! (excluding fees). In other words, it is $5 profit with $100 investment.
So, the amount of price movement was the same in both examples, but you will get 2.5x more profit in the second scenario! That's a big difference. Therefore, when bitcoin price stays low it can be more profitable for daily trading with small changes in price.
People dream about that high rise because they want guaranteed profit without any risky movement. You bought bitcoin when price was low, all you do is hold and are waiting for price rise to cashout your profit.
In overall consider this, every investment carries risks and luck. For example luck is when someone got bitcoin in 2011, forgot about it and when they saw price was 20K, then they remembered and sold all of their coins, yeah, it's luck too.
February 04, 2020, 08:47:31 AM
-snip-
Now, imagine Bitcoin is $10,000 and it goes up to $100,000 on a day, then how much is your profit?That's actually what most people wants.
What I can get from you is that to stay make money in any condition no matter the price is. So, keep trading and learning!
February 04, 2020, 08:39:21 AM
So, if bitcoin's price drops to 1 dollar, all of us can make 20000% profit every day. Also, dogecoin is one of most profitable coins. It costs only 0.002 dollar.
Right?
You are completely wrong,
You cannot expect bitcoin to rise 200 dollar in a day when its price is 1$. But it can easily rise 200 dollar when its price is 10,000 dollar.
If bitcoin's price reaches 1 million dollar a day, you can expect the price to move even 50,000 dollar in a day.
Right?
You are completely wrong,
You cannot expect bitcoin to rise 200 dollar in a day when its price is 1$. But it can easily rise 200 dollar when its price is 10,000 dollar.
If bitcoin's price reaches 1 million dollar a day, you can expect the price to move even 50,000 dollar in a day.
February 04, 2020, 08:26:18 AM
I realized this a long time ago when I started to trade because I had little capital and the daily profit was very little and whenever the bitcoin price increased a lot my daily profit became less. It irritated me and forced me to increase my capital to trade and make a good profit.
If your capital is very high, the person will have more profits and will take less risks
Actually there would be more risk if the person invests major capital. Small amount of funds can easily be recovered by when it comes to huge capital, it really gets almost impossible to recover those funds if ever lost. In this case, I would suggest to go for futures trading.Only a few would benefits from little changes in price.
If your capital is very high, the person will have more profits and will take less risks
You can trade with major volume with just some amount of coins as futures gives us the benefits of up to 125x leverage which is really a good number and if we are ready to take risk, we could gain huge benefits. For mid-term trading, bitcoin price can even give us $1000 to $2000 profits in few days or maybe a week if we are trading with huge number but the risk here remains constant.
February 04, 2020, 04:43:46 AM
I realized this a long time ago when I started to trade because I had little capital and the daily profit was very little and whenever the bitcoin price increased a lot my daily profit became less. It irritated me and forced me to increase my capital to trade and make a good profit.
If your capital is very high, the person will have more profits and will take less risks
Only a few would benefits from little changes in price.
If your capital is very high, the person will have more profits and will take less risks
February 04, 2020, 03:21:11 AM
Calculations is fine, but do you think always markets will recognized according to your calculation? No, I don't think so, we don't know what will happen exactly. Because we should not forget, when you are buying something selling on the other end, so when you are selling then someone buying from the other end. And you should realized that everyone here for get profits. So you might be also be a loser. But if bitcoin start bull run then its profitable or all overs crypto industry. That's why people expecting for increse btc price.
Anyway, some people even can take advantage of btc dump by trading btc/usd pair. So always there will be loser and winner, never mind btc on bull or bear. This is the nature of trading, we can't neglect and can't be winner always.
Anyway, some people even can take advantage of btc dump by trading btc/usd pair. So always there will be loser and winner, never mind btc on bull or bear. This is the nature of trading, we can't neglect and can't be winner always.
February 04, 2020, 02:22:46 AM
Most people dream of bitcoin to reach $100K or $1 million dollars value but according to my calculations low prices can bring more profit when the price movements are small. Let me tell you the reason.
Suppose bitcoin price is $10.000 and it increases by just $200 to reach $10.200 during a day. This is 2% profit (excluding fees). In other words, it is $2 profit with $100 investment.
Now Suppose bitcoin is $4.000 and it goes up by the same $200 and reaches $4.200. This is 5% profit! (excluding fees). In other words, it is $5 profit with $100 investment.
So, the amount of price movement was the same in both examples, but you will get 2.5x more profit in the second scenario! That's a big difference. Therefore, when bitcoin price stays low it can be more profitable for daily trading with small changes in price.
Suppose bitcoin price is $10.000 and it increases by just $200 to reach $10.200 during a day. This is 2% profit (excluding fees). In other words, it is $2 profit with $100 investment.
Now Suppose bitcoin is $4.000 and it goes up by the same $200 and reaches $4.200. This is 5% profit! (excluding fees). In other words, it is $5 profit with $100 investment.
So, the amount of price movement was the same in both examples, but you will get 2.5x more profit in the second scenario! That's a big difference. Therefore, when bitcoin price stays low it can be more profitable for daily trading with small changes in price.
Interesting...
Price movements cannot be easily predicted by most people though. I think only traders would benefit more from this. Holders will benefit more from big upward movements.
Trading isn't that easy by the way. Only a few would benefits from little changes in price.
February 03, 2020, 02:54:57 PM
Most people dream of bitcoin to reach $100K or $1 million dollars value but according to my calculations low prices can bring more profit when the price movements are small. Let me tell you the reason.
Suppose bitcoin price is $10.000 and it increases by just $200 to reach $10.200 during a day. This is 2% profit (excluding fees). In other words, it is $2 profit with $100 investment.
Now Suppose bitcoin is $4.000 and it goes up by the same $200 and reaches $4.200. This is 5% profit! (excluding fees). In other words, it is $5 profit with $100 investment.
So, the amount of price movement was the same in both examples, but you will get 2.5x more profit in the second scenario! That's a big difference. Therefore, when bitcoin price stays low it can be more profitable for daily trading with small changes in price.
Suppose bitcoin price is $10.000 and it increases by just $200 to reach $10.200 during a day. This is 2% profit (excluding fees). In other words, it is $2 profit with $100 investment.
Now Suppose bitcoin is $4.000 and it goes up by the same $200 and reaches $4.200. This is 5% profit! (excluding fees). In other words, it is $5 profit with $100 investment.
So, the amount of price movement was the same in both examples, but you will get 2.5x more profit in the second scenario! That's a big difference. Therefore, when bitcoin price stays low it can be more profitable for daily trading with small changes in price.
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