Post
Topic
Board Trading Discussion
Re: has trading become difficult?
by
darewaller
on 10/04/2018, 05:57:25 UTC
These days the bitcoin prices are rising and falling over 1000$ in just minutes and have become highly unpredictable way more than before.
Does this make trading more difficult right now?
The reason why trading is extremely risky job because it is unpredictable! Trading is very difficult job because we must have a lot of knowledge for us to overcome all of the unexpected situation that we can face while we are trading cryptocurrencies.
It is unpredictable because it is heavily volatile. The volatility can only end up being difficult to trade for those who do not really get the chance to learn and know how to take advantage of it. Normally, we have to tell ourselves the truth that majority of those in the market today are either just gambling their position as they do not have an idea of what they are doing or the just quickly did some quick study and thought that was fine already.

The market can turn green or red at any time, but that does not necessarily make trading to become difficult. There are signals one can always use to their advantage and those who find it hard to be able to make use of these signals or possibly do not understand how to use them will always find trading difficult, irrespective of the trend in the market. They only get lucky in an uptrend, but it is in downtrend that their asses get exposed.