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Brian.N
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Is trading Bitcoin risky?

Sat Nov 24, 2018 12:11 pm

Any trading can be risky unless you understand the cryptocurrency market and the basic trading rules that many successful traders follow:

1. Do your research! Follow cryptocurrency influences, blogs and articles which provide key points and insider tricks about how to maximize your profits. invest the money, that is extra for you. So that in case you lose it, it may not affect your lifestyle or activities.

2. Only invest what you can, don't be tempted to throw all your life savings in because profits are not guaranteed.

3. Trade a range of different coins rather than trading and investing heavily in only one cryptocurrency.

4. Buy when a coin's price is low and sell when it is high! This is the basic rule of cryptocurrency trading.

AliceTi
Posts: 7
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Re: Is trading Bitcoin risky?

Sun Nov 25, 2018 1:22 pm

There is a certain risk in any investment. This risk can be reduced if you first invest in your education in order to competently conduct market analysis. No need to invest all your savings in one project.

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BenFormer
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Re: Is trading Bitcoin risky?

Tue Nov 27, 2018 1:40 pm

I think now it's the best time to buy it and hold.

handycash
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Re: Is trading Bitcoin risky?

Tue Nov 27, 2018 10:05 pm

Absolutely YES! Every online trading asset have its risk. However, to be a good trader you must learn to minimize those risks. There are money management systems that you can employ in your trades to keep your capital safe. Study and learn these trading tips from online resources.

jitenrajput
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Re: Is trading Bitcoin risky?

Wed Nov 28, 2018 11:19 am

Yes, it is risky.
But that does not mean it is bad to invest. Every investment is more or less risky.
A little practice can make you better at trading and make it less risky.
There is a feature on few exchanges called "Demo Trading/Paper Trading" where you can learn to trade or test new moves in a simulated environment.
Check more: https://encrybit.io/pdf/encrybit-wp-v1.pdf
Cryptography & Bitcoin Consultant @ encrybit.io
Encrybit║Upcoming ICO║ ▰ ▰http://encrybit.io/ ▰ ▰

CryptoWarrior
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Re: Is trading Bitcoin risky?

Wed Nov 28, 2018 12:28 pm

Yes, but that other place can bring you so much profit

holandw
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Re: Is trading Bitcoin risky?

Thu Nov 29, 2018 1:28 am

Hello,

In my opinion it is not too risky it is just a matter of time that you can understand the Bitcoin prices so that you may know what bid you can make. So, I can suggest you if you wanted to trade in Bitcoin first understand the price flow than do the trading.

Thanks!

zebpay wallet

coinmaster
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Re: Is trading Bitcoin risky?

Thu Dec 13, 2018 3:37 pm

Yes, it is risky. Every investment is risky to some degree. The equation is a riskier investment more profitable investment and vice versa. So it’s up to you to define your risk appetite. More knowledge about cryptocurrency and crypto trading plus a little practice can help you to manage the risks and improve trading skills. Don’t rush, test the waters with small money and when you are comfortable gain speed by the day. Furthermore, bitcoin’s volatility has increased threefold on the month that is beneficial for traders.

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monika 576
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Re: Is trading Bitcoin risky?

Fri Dec 21, 2018 5:23 pm

I also agree that bitcoin training can be risky for you and you can lose all your money and achieve nothing. The price of bitcoin is very volatile now and I decided to suspend earning money in this way. I, along with this team, https://theappsolutions.com developed 3 convenient and needed mobile apps and people pay for downloading them. It brings me a good daily income that meets all my needs. I'm not going to stop at this, but I'm not sure that I'll ever make money on bitcoins. If you are also looking for a new kind of earnings then this young team can help you. I wish you success.

kimkawai1026
Posts: 6
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Re: Is trading Bitcoin risky?

Sun Dec 23, 2018 2:15 am

It will be better not be deceived by those advertisement that offers high rate. Just to share what I've been doing for the past six months. It is an arbitrage bot that scans multiple exchanges for cheaper price, buy from there and sells at the same time at the exchange that offers higher rate. There will be daily report provided so you know your daily profit. Should you want more information, you can join us here https://t.me/joinchat/Hv4x3lUTKIe_udmHvJ6c9Q

thomas elton
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Re: Is trading Bitcoin risky?

Wed Dec 26, 2018 11:55 am

All trading is risky. This is true whether you are trading other currencies, gold, silver, crude oil or anything you can trade. This is why, when you are trading, you need to control your risk by having a strategy, trade plan and money management rules in place.

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fx.journal
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Re: Is trading Bitcoin risky?

Sun Dec 30, 2018 8:01 am

Investing in Bitcoin or cryptocurrency which is not endorsed by Government is very RISKY, no endorsement by authority and no guarantee...

I recommend you to read this https://coinmetrics.io/bitcoin-private/

The cryptocurrency framework is actually uncontrollable and unmanageable. Machines are running non-stop 24 hours daily keep doing the jobs – then how you control them?, everyone in the world are able to run their own miner machine with no restriction – then how you manage them? With machine running non-stop and keep mining and mining (keep producing bitcoin or cryptocurrency and everyone can participate with no restriction), so tell me, how you can control and manage them or even to stop them?

If you let the people out there around the world managed Money, Currency and Monetary System, They actually CANNOT control or monitor or manage them, they just speculate to make them PROFIT, in the long term it will become uncontrollable, unmanageable and at the end they will collapsed.

even if you let them, only the most wealthier people in the world can conquer cryptocurrency because the cryptocurrency framework only work for wealthier which is who are afford to spend huge money for the most sophisticated, fastest, powerful machine to run. REMEMBER, in the cryptocurrency framework, ONLY the most powerful and fastest machine will WIN. You can not beat them. So at the end, it goes to the same people who is controlling the money, currency, and monetary system.

You only trust your friends around you and your family, you do not trust whosoever outside the world. Did you really trust people in Europe, middle East, Africa, Latin, Asian? are you really trust them all? Come on guys they are a lot of malicious, do not trust them....

Money, Currency and Monetary system should be governed by authority which is "Government" should be the authority, manage, monitor and control them.

And do you know how they work? This is actually how they work.

Image

marymaru
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Re: Is trading Bitcoin risky?

Mon Dec 31, 2018 12:10 am

No, it isnt risky at all.
Just joking. I do completely agree with others that it's risky but it's also needs some skill to trade in profit. So it is also time-consuming to gain that skill.

AmrutaBhat
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Joined: Fri Dec 28, 2018 8:53 am

Re: Is trading Bitcoin risky?

Sat Jan 12, 2019 8:41 am

Any trading can be risky unless you understand the cryptocurrency market and the basic trading rules that many successful traders follow:

1. Do your research! Follow cryptocurrency influences, blogs and articles which provide key points and insider tricks about how to maximize your profits. invest the money, that is extra for you. So that in case you lose it, it may not affect your lifestyle or activities.

2. Only invest what you can, don't be tempted to throw all your life savings in because profits are not guaranteed.

3. Trade a range of different coins rather than trading and investing heavily in only one cryptocurrency.

4. Buy when a coin's price is low and sell when it is high! This is the basic rule of cryptocurrency trading.
If you do not study the market then you may end up in a high lose.

Few things you can add to your routine to study the market:
1. Follow good trades.
2. Plot your Strategy go through the ideas published on https://www.tradingview.com.
3. Bookmark some good links for reference like https://coinswitch.co/news.
4. Ask questions on the forum.
5. After doing all the above things do your study and apply your strategy and then trade.

joe...
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Donate BTC of your choice to 1F1tAaz5x1HUXrCNLbtMDqcw6o5GNn4xqX

Contact: Telegram

Re: Is trading Bitcoin risky?

Tue Jan 22, 2019 2:26 pm

yes quite its a risky ,not only bitcoin it apply's to which ever coin u invest in crypto bcoz nothing is stable, every coin will face ups and downs ....the safest investment is investing in bitcoin . i know now the value of the coin is low and its a advantage to buy the coins and hold it bcoz the price of the coin is going to increase soon ...

bit2paypal
Posts: 2
Joined: Wed Jan 16, 2019 9:10 am

Re: Is trading Bitcoin risky?

Wed Jan 23, 2019 8:40 am

Without knowing the nitty-gritty of any business involves risk in that. You should follow/know the paths of successful traders. It is really difficult to get a trusted source nowadays to sell bitcoins. Some of the trusted sources are Exwallets, CyberBTC, etc as per my experience.As a bitcoin rig owner I trust on Exwallets,CyberBTC. I convert 1 - 2 bitcoins every month. So trustworthiness / secured payment matters to me a lot. Best process is to use any escrow process to secure your payment. So first you receive the amount in your paypal account, then you send your BTC.
1. I generate digital signature to initiate an escrow from my desktop/laptop (Mobiles/Tablets are not allowed).
For Digital signature generation I use HW Digital Signature Generator/ST digital ID Generator (Google Chrome Browser Extension) as it is free.
2. Then I raise an order through Exwallet/CyberBTC.
3. Log in to your paypal account.
4. Now without sending your BTC first check that the amount has got credited to your paypal account or not. At this stage your paypal account should get credited with the required amount.(This is the Escrow Amount, which is like bank guarantee).
5. While already logged in to your paypal account, from your paypal account itself you will get the option to transfer that 1 BTC. I always suggest you to do the transfer from your paypal dashboard by using blockchain.com. If you click on "withdraw fund" or "make payment" it will give you the option to transfer 1 BTC and then you can withdraw that paypal amount to your bank account.
6. The only drawback is you can not transfer less than 1 BTC per transaction.

You can check the following video for your ready reference.
https://goo.gl/mm7eDV

mina5000
Posts: 2
Joined: Sun Feb 10, 2019 2:56 pm

Re: Is trading Bitcoin risky?

Sun Feb 10, 2019 3:07 pm

Any trading can be risky unless you understand the cryptocurrency market and the basic trading rules that many successful traders follow:

1. Do your research! Follow cryptocurrency influences, blogs and articles which provide key points and insider tricks about how to maximize your profits. invest the money, that is extra for you. So that in case you lose it, it may not affect your lifestyle or activities.

2. Only invest what you can, don't be tempted to throw all your life savings in because profits are not guaranteed.

3. Trade a range of different coins rather than trading and investing heavily in only one cryptocurrency.

4. Buy when a coin's price is low and sell when it is high! This is the basic rule of cryptocurrency trading.
Yes of course trading BTC is very risky Brazzers Youporn Xhamster

siyer
Posts: 2
Joined: Mon Feb 11, 2019 4:23 am

Re: Is trading Bitcoin risky?

Mon Feb 11, 2019 5:49 am

Trading in general IS RISKY.
INVESTING is RISKY.

But at the same time, if you are willing to learn the components of trading and get a better understanding of how to get in and out of trades through Technical Analysis (TA) than believe me, the risk to reward ratio is minimal and could provide greater benefits in the long run for successful outcomes when it comes to trading daily/weekly. Personally, I've been in Trading Crypto since 2017 (Short amount of time) and had no clue as to what I was doing, only that the hype was there and people were making an insane amount of money from small investments. I decided to invest $3000 (money I could afford to lose) just to see if I could make something. This was during mid 2017 before Antshares was about to rebrand ($8-12/share) to NEO, I spread my cash around with most of my money going into Antshares. Within a month my wallet was worth over $17,000, all that from a $3000 investment with no idea of what I was doing. At this time, due to the Hype and sudden increase of the crypto market I did not see a reason to take any profits and I left it all in there.

Thats when the crash happened.. My $17000 fell to under $1000, where Panic hit and I got scared for further falls, I kept selling and buying at every sign of a decrease and increase at a loss due to me not being psychologically prepared and no understanding of how the Markets worked or Technical Analysis. I looked further into how I could get into day/weekly trading just so I could get back to my initial investment and more, so I looked towards free youtube videos, a lot of them. The free Videos did help me to a certain extent, but the amount of information on Technical analysis (TA) out there is beyond ridiculous. Going through Video after Video, TA after TA lesson I decided I wanted to get straight into it and give it a go after 4 months of learning on my own.

Boy was I over my head. Thinking that me understanding TA alone would help was a big mistake, another costly mistake that I had made. Thats when I learned that No matter how much Videos I watch on Technical Analysis, If I was not Psychologically ready or have a trading plan than I would Just keep losing more money. Thankfully, being the type of person that does not give up, does not let negativity cloud my judgement nor the influence of others around me telling me that I am WASTING my time, I stuck to it. I took it as another learning curve and continued to learn and grow.

I needed someone to not only show me how to do Technical Analysis in person but to also provide me actual feedback on what I was doing wrong/right, give me that motivation to continue, mentally prepare me, show me how to produce a trading plan/strategy which catered to me as an individual. I knew I was not going to get this from any free video, so I set my eyes out on doing an actual course. At the time I was working full time and couldn't afford to do trading courses. Thats when I stumbled upon a course the provided 6 weeks of Online Tutoring twice a week covering certain aspects of Becoming a Trader with the right Psychology behind it. At first I didn't want to fork out money to do a course which I could most definitely get the information off the Internet. But I had tried that and Failed already, wasting money with no benefit what so ever. So I thought about it logically, why keep watching videos that provide no feedback or can mentally prepare me as a trader and go out there on my own, put more money into an exchange and continuously lose that money. I might as well use that money to do a course that could potentially be more beneficial than just throughing my money away at exchanges believing I am a trader now that I have seen youtube videos with no benefit or achievement other than losing my money.

I decided to do the 6 week online course during October/Novemebr 2018, and my god did it open up my eyes. Not only Did they open up my eyes to the Fact that Technical analysis and tools used by most people are good, but flooding yourself and your trading charts with so many TA, shapes, tools is stupid and pointless when you only really need to know a few TA skills and tools to understand when to get in to a trade and out of the trade with the right Risk to Reward Ratio. But the key things which I was looking for at that time were how to psychologically prepare myself and how to go about a trading plan. Fortunately for me, This course had exactly that. They concentrated on preparing us mentally, not to get emotionally attached to trades, to get in and get out with a profit, to construct and follow a trading plan which worked for me. Now 3 months down the track, I could not be any happier with doing a course that has benefited me so much, that provided me with more than I needed in the 6 weeks of the online course than I learned since getting into Crypto trading since mid 2017.

The 6 week course has helped teach over 4000 students since they started, and continuing. They provide Continuous help through their FB groups and also provide Seminars which are more like a get away holiday from what I have seen (something I will definitely be getting into myself down the track). This is my story when It comes to trading, some people can learn from Videos online for free but than there are individuals like myself that need that extra help, push, drive, guidance to help them understand, learn and be mentally ready for what trading really has in store, the highs and lows.

Trading is not EASY, you have to be on point, you will have your good and bad days but learning something that requires a bit of money, a bit of time and hard work in my opinion is well worth it. That money I spent on the Course, I would have pissed it away either way, Instead I used it to help me learn something for the future. TRADING is definitely something that can change lives, but you have to be willing to go through the LEARNING PROCESS first and prepare yourself for what trading has to give.

If you are interested I would highly recommend the 6 week Online Course, You won't regret spending a bit of money on something that can help you, your loved ones and friends around you. Do something NOW instead of waiting/wasting your time with free online videos which will benefit to a certain degree. Get to that Financial Freedom you deserve and want, money will come and go but learning such a skill as Trading will stick with you in the long run.

Here is a link for you to Check out the course and Other benefits they provide. Wether you do it or not, I would definitely look into and do some research. Wish you all the best, Continue to LEARN AND GROW!!

https://mybitcoinacademy.thinkific.com/?ref=52dfb3

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