The trading du bitcoin is a financial danger for 9 people out of 10. Find out what are the 3 proofs of this danger and what are the 2 solutions that I propose to make your investment in cryptocurrencies profitable.
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Bitcoin trading: a risk for beginners
As a beginner, you have already heard about the great gains that can be made in cryptocurrency trading. However, it is necessary that you know exactly what to expect before embarking on this adventure. The trading du bitcoin is not without risk and it is also one of the riskiest investments compared to other assets. Indeed, while it is true that you can win big, you could also lose a lot of money which is totally against our objective. A knowledgeable trader certainly knows these risks, but it is always interesting to learn more. Rest assured, there are indeed solutions to make profit with your bitcoins, so that they are profitable. I will offer you 2, however we will first start by seeing together what are the 3 proofs of the danger of crypto currency trading.
The 3 proofs of the danger of bitcoin trading
Now let’s get to the heart of the matter as to why the trading du bitcoin is an absolute danger and the 3 proofs that go with it:
1. Market volatility
The 1st point to note for proof is that compared to Forex, indices and other stocks on the stock market, the price of bitcoin is very volatile. The charts of the trading platforms can also attest to this. If we look at the volatility of certain assets, we can for example see that in March, the Euro and the US Dollar fell by 7%. So this is the current state of the Forex market in terms of volatility. Now let’s take the stock market and look at the SNP 500 index for the same period of March. I will take for example the month of March 2020, a period in the midst of the Covid-19 crisis, because many assets have fallen in value during this period. So, for the equity market, the recorded drop is 35% in a few days. So much for the volatility of the equity market.
Now consider the bitcoin market and its volatility. We will see the bitcoin price chart for the same period. The fall in the value of bitcoin in March 2020 is 57%. So if you look closely, bitcoin is the most difficult of the 3 examples considered. So of course, the more volatility, the greater the potential for gains. However, the same is true for potential losses. A beginner in bitcoin trading will have a hard time navigating it and that’s why it’s so risky. It should also be noted that a study by the Autorité des Marchés Financiers or AMF shows that 9 out of 10 people lose out in trading. This means that 89% of traders in general get plucked and lose their investment. The average loss recorded is € 10,900 per customer. The risk is even higher when it comes to crypto currencies.
Read also: 5 tools to predict the price of bitcoin.
2. An unregulated market
The second proof of the danger of trading bitcoins is that the cryptocurrency market is still not regulated to this day. This means that the rules of the game are set by the expert players in this market and they can do exactly what they want. The variation in price depends largely on what they want and the strategies they employ.
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3. Trading is a profession
Finally the third proof that I put forward concerning the danger of trading du bitcoin lies in the very fact of trading. Indeed, trading is a profession and not a hobby or a hobby. That is, it is necessary to start with training and practice. Experience also plays an essential role since it is necessary to trade for several years before being certain of obtaining convincing results. It is exactly as if it were the profession of a surgeon. This can certainly be learned, but not on the job. It takes years of theories and then of practice. Trading bitcoin requires investment and it also has to be a passion.
The 2 solutions I offer
We have covered the 3 reasons that bitcoin trading is a particularly risky game, especially if you are new to it. So as a reminder, these 3 proofs are:
1. The volatility of the cryptocurrency market.
2. The lack of regulations to govern this market.
3. The fact that trading is a profession and not a game and that it can be learned over several years and not on the job.
Rest assured though, it is perfectly possible to make a profit by investing in bitcoin. And you certainly know that or you wouldn’t even read those words. This is the very reason for my presence. Personally, I manage to obtain interesting gains thanks to crypto currencies, whether it is bitcoin or the various altcoins on which I regularly bet. Therefore, if you are new to the field and want to be a winner from the start, I invite you to register in order to follow the free training that I offer.
A risky market with high earning potential
You are certainly well aware that it is possible to make big gains in this market in general. We saw above that it is a particularly volatile market and therefore presents an enormous risk. However, you certainly know that the riskier the market, the higher the chances of winning big. If you look at the SNP 500 market for example, you will see that the average gain in a year is around 10-20%. As for crypto currencies, the possibilities of earnings are higher and can go up to 6 times the starting capital. So yes, this is the riskiest market, but it is also the most profitable market. And if, like me, you are a follower of the leitmotif – “Whoever risks nothing has nothing and who risks wins!” ” – this is for you.
Besides the fact that the earning potential is high, it is also necessary to note that this market will be regulated very soon. Indeed, our finance minister Bruno the Mayor has already announced its plan to regulate the cryptocurrency market very soon. France even plans to be one of the pillars of this market. The trading du bitcoin will stabilize at that point and prices will soar. Excessively high variations and fluctuations will be avoided and this sector will attract more people and therefore gain value. In short, this means that cryptocurrencies have a bright future. Now is the time to invest in bitcoin more than ever!
Read also: TOP 5 most promising cryptocurrencies, EVEN in times of crisis.
The 2 solutions
Now let’s move on to what interests us the most, namely what are the 2 solutions that I offer to overcome the dangers of bitcoin trading.
1. Do not trade
You will certainly be surprised, but yes, it is the first solution that I propose to you. Don’t trade, it’s useless. Rather, invest in the long term. Indeed, the price of bitcoin takes a lot of value, so there is no point in trying to trade.
2. Copy the right traders
We have seen above that 89% of traders come out losers, which means 11% of them come out winners. Layer your movements trading du bitcoin on traders who actually make money. This is why I invite you to click on the buttons at the top or at the bottom of this video in order to follow my videos. I will explain in more detail these 2 solutions that I propose. I will also explain to you when to invest and in which cryptocurrency. Because bitcoin is not the only gold mine that I mine and I will be able to show you the other altcoins that I like. I will give you tips on how to copy these traders to get the same performance. Hope this has been helpful to you.
To discover my strategies that allow me to grow my money automatically, click on this link:
https://www.fructify.io/cadeaux subscribe, to receive a free series of 5 free videos.
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