Many of the traders who previously forex Bitcoin traders a little confused when first trying to participate in the market Bitcoin.co.id. Bitcoin trading is very different from forex trading because of the way the trading even though it is different. If from forex we know 2 terms: Long and Short. Long is targeting price rises to get profit and Short is targeting the price down to get profit.
While in Bitcoin trading it is much more like buying and selling goods online that is BUY and SELL. BUY means actually buying goods in the form of Bitcoin and SELL means actually sell goods in the form of Bitcoin. So that the profit is simple only the selling price minus the purchase price. So there is no term Margin Call and PIP in Bitcoin trading. The existence of selling profit or loss.
Minor notes # 1 Forex and Bitcoin are not the same - do not be imposed.
BITCOIN TRADING TIPS
In trading Bitcoin we must have a goal so as not to be confused, because sometimes beginners, especially Bitcoiner Idealis often confused must collect Bitcoin or just pursue profit in selling Bitcoin. If you've decided to become a Bitcoin Trader then sorry you have to bury the soul of your Idealist Bitcoiner deeply. Remember we are here to collect rupiah from the difference between selling and buying not Bitcoin.
Note # 2 Holding Bitcoin means you are holding the item to be sold
Note # 3 Holding Rupiah means looking for the best position to buy merchandise
MERCHANTABLE ENGINE OPTIONS OF SUPER POSITIVE MARKET CONDITIONS
bullish-markets
Positive market conditions mean there is a tendency Bitcoin Prices continue to rise throughout the day. For example this morning the price is 3.7 million, a few hours later 3.800.000 next 4.100.000 and so on. In this condition Bitcoin trade tends to be easy. Why ? because you simply buy at a cheap price and sell it at a price slightly higher than the purchase price. Just enjoy the profit until the market rise is finally saturated then you should stop buying and wait for the price to fall back.
Note # 4 Do not get greedy to set sales targets, as long as it's a profit then get used to being satisfied and do not try to sell at unreasonable prices unless you're absolutely sure.
MERCHANTABLE ENGINE OPTIONS OF SUPER NEGATIVE MARKET CONDITIONS
bearish_feelings
Well this is the most feared merchant Bitcoin. What if the price tends to go down? This morning 4.200.000, a few hours later 4.100.000, a few more hours 4,000,000? If you try to buy and then try to sell at a price higher than the previous purchase price would certainly be a loss because no one wants to buy your Bitcoin well above market prices unless the buyer really needs it. Remember the buyer is also a smart person who knows how much to buy a decent price when buying.
But the market conditions that tend to fall in fact if we are enough SMART has its own advantages.
