Bitcoin trading is something at everyone is suppose to avoid, forget about the phrase that's says bitcoin trading is high risk, high rewards, trading bitcoin can damage you emotionally and financially. As am currently speaking now the person who introduced me in to bitcoin is a trader, that have been damaged emotionally and financially all because he was trading bitcoin, now all the money he made from the trading has gone back to the market, and now his a deptor all in the name of trying to make quick money from bitcoin trading.
No, it was not about using Bitcoin for trading, nor was he to blame for it. The reason why he loses and turns into a debtor is because of his ineffective trading strategy. A lot of traders use the same coin (bitcoin), and many of them make some profit. Therefore, it was not the coins we used, but it is a trader's approach, and they could lose if they don't make it right. There are a lot of people who tried trading, but many of them failed. Unfortunately, that person is one among those traders who fail.
As we know trading is not that easy to grasp everything that is basically related to trading, I do like how you explain it here. Of course Many people who jumped into trading without at least to see how the market reactans create new price level for they could jump Into market to trading. Before one would be successful in trading they need principles of trading before getting their desires moment on trading.