Ninjastic
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Board Speculation
Re: which way bitcoin price going?
by
Pursuer
on 29/01/2019, 13:38:49 UTC
Quote from: rayhanazad on January 29, 2019, 01:07:13 PM
Quote from: Pursuer on January 29, 2019, 12:52:26 PM
Quote from: rayhanazad on January 29, 2019, 12:44:29 PM
right now its again goin down
no it is not.
going down means going from $3500 down to $3000 or even $2900 and lower. but when price goes from $3500 to $3400 that is not considered "going down" it is the normal daily fluctuations.

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they way bitcoin straggling some people say it's going down below 2500$
just because price is not rising it doesn't mean it is "struggling" and it doesn't mean it is going to go lower either.

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i don't have much experience in trade and analysis bitcoin and i don't know which one to follow.
then don't try to trade bitcoin!

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so if anyone has good experience in trade and analysis in bitcoin please suggest which way bitcoin price is going.
unfortunately "experience" is not something that people can transfer to one another through comments. experience specially trading experience is something that can only be gained by actually being in the market yourself.

thanks for sharing i know experience is not transfer able but could use some good tips which will help me to do trade

well in my experience if you want to learn how to trade in this market you need to take two steps.
the first step is to learn the basics of trading, maybe even some technical analysis. this step shouldn't take so long and there are a lot of resources online that you can use if you do some search about "trading" as a general term. for example you can read the website called "investopedia" for some great articles.
the second step is to get your hands dirty. the good news is that you can start with a small amount of money, you don't have to invest a huge amount to be able to be allowed to enter the market! you don't have to trade at first either. just look at some charts and try to put what you learned in step one in use. try speculating and see how good you are doing without buying, then start making some trades to get the feeling of the market. after a couple of months you should be familiar with how things work or know whether trading is for you or should you not bother with it.