Is Bitcoin Too Expensive For Me?

[SmartGold01]

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In trading we must have confidence in getting profit, if you have doubts in trading you should choose to be a holder. because trading is a short-term investment that requires proper analysis and strategy to minimize risk and maximize short-term profits.

This analysis comes with proper knowledge and without proper knowledge they can't do any analysis, and yes I know that trading is short term but at first they must understand their knowledge or capabilities towards trading before they go into it. Trading is also very risky when the trader doesn't know what they are doing because if they don't do their analysis properly then lose is inevitable to come.

agreed knowledge is very important, because without knowledge we cannot make the right analysis. that's why for newbies it is recommended to seek knowledge first, learn all things related to trading in order to make analysis and develop strategies properly. After having knowledge they can start practicing to have good skills in making analysis and developing strategies and reading the possibilities that will occur.

In additions, if they aren't that confident with their skills to start trading live they may engaged in Demo trading to boost their experience to know how the market are being controlled, though it may seems awkward but realistically this would also build their mindset and their overall thinking about the general behavior of trading. Trading on Demo helps to sharpen properly to be able to defend themselves while trading on live account this would enhanced their experience towards handling real accounts. 
+1 karma for you

[alltalk]

In additions, if they aren't that confident with their skills to start trading live they may engaged in Demo trading to boost their experience to know how the market are being controlled, though it may seems awkward but realistically this would also build their mindset and their overall thinking about the general behavior of trading. Trading on Demo helps to sharpen properly to be able to defend themselves while trading on live account this would enhanced their experience towards handling real accounts.

No, demo trading will never increase our experience. It is just a tool to let us know a very basic thing. If we want to boost the experience, we should try the real trading. However, you need to adjust your capital with your knowledge/ability/skills. If you are still in the newbie level, make sure to use small funds. But if you are an experienced trader, no problem to use a big amount of money. Also, you need to improve your mentality in trading by having further knowledge. Sometimes having better knowledge, will make us to be more confident and think a more realistic.

[bitterguy28]

No, demo trading will never increase our experience. It is just a tool to let us know a very basic thing.

no one can really say that they have an experience in trading and then say that they have only done demo trading so far i think it only widens your knowledge and makes you more familiar with the tools and techniques but nothing will beat the real experience of trading where your money is actually at stake and time really is of essence

Sometimes having better knowledge, will make us to be more confident and think a more realistic.

they say that trading is risky but that is the point you should be taking calculated risks when it comes to trading don’t just take risks, take measured ones

[omori]

No, demo trading will never increase our experience. It is just a tool to let us know a very basic thing. If we want to boost the experience, we should try the real trading. However, you need to adjust your capital with your knowledge/ability/skills. If you are still in the newbie level, make sure to use small funds. But if you are an experienced trader, no problem to use a big amount of money. Also, you need to improve your mentality in trading by having further knowledge. Sometimes having better knowledge, will make us to be more confident and think a more realistic.

Agreed.
Nobody forbids to trade with small capital - it's a start for everybody willing to manage the risks properly.
Knowledge transforms into experience after all.

[omori]

Demo trading is useful for understanding the basics and testing strategies, but real experience comes only from actual trading, where emotions and risks matter. It's best to start with small amounts, especially if you're a beginner, and gradually increase your capital as your skills improve. Knowledge and psychological preparation are the foundation of success in trading. The more you know, the more confident you'll be in making decisions.

Knowledge turns into experience, and a person can start from the demo, but then he would still need to work with real funds, albeit small in scale to ensure the risks are minimized.
That's how smart investors would behave..

[SmartGold01]

In additions, if they aren't that confident with their skills to start trading live they may engaged in Demo trading to boost their experience to know how the market are being controlled, though it may seems awkward but realistically this would also build their mindset and their overall thinking about the general behavior of trading. Trading on Demo helps to sharpen properly to be able to defend themselves while trading on live account this would enhanced their experience towards handling real accounts.

No, demo trading will never increase our experience. It is just a tool to let us know a very basic thing. If we want to boost the experience, we should try the real trading. However, you need to adjust your capital with your knowledge/ability/skills. If you are still in the newbie level, make sure to use small funds. But if you are an experienced trader, no problem to use a big amount of money. Also, you need to improve your mentality in trading by having further knowledge. Sometimes having better knowledge, will make us to be more confident and think a more realistic.

Well I feels there are more to know while using it but however, if that isn't right enough to use then better but as many newbie that tends to rush to join trade should be extremely careful while going live because live is hard to control. They could get tempted and deposit huge amount of money with the thinking they would have it double immediately they trade without knowing it's an easy way to fall apart.

[itscryzie]

In additions, if they aren't that confident with their skills to start trading live they may engaged in Demo trading to boost their experience to know how the market are being controlled, though it may seems awkward but realistically this would also build their mindset and their overall thinking about the general behavior of trading. Trading on Demo helps to sharpen properly to be able to defend themselves while trading on live account this would enhanced their experience towards handling real accounts.

No, demo trading will never increase our experience. It is just a tool to let us know a very basic thing. If we want to boost the experience, we should try the real trading. However, you need to adjust your capital with your knowledge/ability/skills. If you are still in the newbie level, make sure to use small funds. But if you are an experienced trader, no problem to use a big amount of money. Also, you need to improve your mentality in trading by having further knowledge. Sometimes having better knowledge, will make us to be more confident and think a more realistic.

Well I feels there are more to know while using it but however, if that isn't right enough to use then better but as many newbie that tends to rush to join trade should be extremely careful while going live because live is hard to control. They could get tempted and deposit huge amount of money with the thinking they would have it double immediately they trade without knowing it's an easy way to fall apart.

I believe that demo trading was originally designed for beginners to learn the basics of trading without the risk of losing real money. It's a good way to understand how the market works, manage orders, and use the platform. While it doesn't replace real trading, it helps beginners feel more confident and prepare for actual trades.

[SmartGold01]

In additions, if they aren't that confident with their skills to start trading live they may engaged in Demo trading to boost their experience to know how the market are being controlled, though it may seems awkward but realistically this would also build their mindset and their overall thinking about the general behavior of trading. Trading on Demo helps to sharpen properly to be able to defend themselves while trading on live account this would enhanced their experience towards handling real accounts.

No, demo trading will never increase our experience. It is just a tool to let us know a very basic thing. If we want to boost the experience, we should try the real trading. However, you need to adjust your capital with your knowledge/ability/skills. If you are still in the newbie level, make sure to use small funds. But if you are an experienced trader, no problem to use a big amount of money. Also, you need to improve your mentality in trading by having further knowledge. Sometimes having better knowledge, will make us to be more confident and think a more realistic.

Well I feels there are more to know while using it but however, if that isn't right enough to use then better but as many newbie that tends to rush to join trade should be extremely careful while going live because live is hard to control. They could get tempted and deposit huge amount of money with the thinking they would have it double immediately they trade without knowing it's an easy way to fall apart.

I believe that demo trading was originally designed for beginners to learn the basics of trading without the risk of losing real money. It's a good way to understand how the market works, manage orders, and use the platform. While it doesn't replace real trading, it helps beginners feel more confident and prepare for actual trades.

That is true, we know that it doesn't guaranteed total performance on every trading using the demo, but if we could follow the system carefully it will help the beginners. Though as previous user suggested that it's better to start with small amounts on a real account than using demo, but for those who doesn't have the funds or finance to start fully can as well keep practicing using the demo. I could remember then, it's what gave me so basics to start trading even though I didn't put much interest to trade I was using demo for a very long though I must confess their behavior aren't the same as we know real account to be more difficult to handle than demo.

[alltalk]

no one can really say that they have an experience in trading and then say that they have only done demo trading so far i think it only widens your knowledge and makes you more familiar with the tools and techniques but nothing will beat the real experience of trading where your money is actually at stake and time really is of essence

Yep. Someone won't have enough experience if he/she only uses demo trading. It has no risk, someone will never lose money in demo trading. So we can't feel anything like anxiety, worry, or anything else that happens in real trading. This should also be experienced to improve our mentality in trading. It is not only about experience, it is also about improving our mentality.

Well I feels there are more to know while using it but however, if that isn't right enough to use then better but as many newbie that tends to rush to join trade should be extremely careful while going live because live is hard to control. They could get tempted and deposit huge amount of money with the thinking they would have it double immediately they trade without knowing it's an easy way to fall apart.

For newbies/beginners, using demo trading firstly is a good idea. They need to know the basic things. When they know the basic things, they can try real trading, but make sure using small money only. Sure, newbies/beginners shouldn't rush to use big amount of money. They still have lack of knowledge/experience, they need to focus on learning first.

[debra]

That is true, we know that it doesn't guaranteed total performance on every trading using the demo, but if we could follow the system carefully it will help the beginners. Though as previous user suggested that it's better to start with small amounts on a real account than using demo, but for those who doesn't have the funds or finance to start fully can as well keep practicing using the demo. I could remember then, it's what gave me so basics to start trading even though I didn't put much interest to trade I was using demo for a very long though I must confess their behavior aren't the same as we know real account to be more difficult to handle than demo.

Demo trading only allows us to know the fundamental matters. It doesn't guarantee for further things. If we want to know deep knowledge and experience, we must do real trading. It is also similar with investment, to get the experience we must try real investment. But actually it will be quite safe if we choose Bitcoin for investment or for trading. However, if we want to develop our mentality, we can choose other coins. But we don't only use them in demo trading, just use them in real trading or real investment.

[SmartGold01]

Well I feels there are more to know while using it but however, if that isn't right enough to use then better but as many newbie that tends to rush to join trade should be extremely careful while going live because live is hard to control. They could get tempted and deposit huge amount of money with the thinking they would have it double immediately they trade without knowing it's an easy way to fall apart.

For newbies/beginners, using demo trading firstly is a good idea. They need to know the basic things. When they know the basic things, they can try real trading, but make sure using small money only. Sure, newbies/beginners shouldn't rush to use big amount of money. They still have lack of knowledge/experience, they need to focus on learning first.

Yes that is absolutely right and I agreed with you.
The small amounts they uses would make them have different scope about trading and how it works over than that of Demo. Demo doesn't give full performance of how the market generally operates over the time but as a representative to how it looks like and getting prepared over the time.

[martinex]

Yes that is absolutely right and I agreed with you.
The small amounts they uses would make them have different scope about trading and how it works over than that of Demo. Demo doesn't give full performance of how the market generally operates over the time but as a representative to how it looks like and getting prepared over the time.

Must be brave and test drive directly to the market. If it is always a demo, it is like a dream that we can imagine and we cannot enjoy the results of our efforts in trading. Indeed, many people talk about success but not everyone can do it. You are right in this, where often both we and many other people most of them fail and lose in this investment for various personal reasons of course after we enter the market.

[dekafee79]

Yes that is absolutely right and I agreed with you.
The small amounts they uses would make them have different scope about trading and how it works over than that of Demo. Demo doesn't give full performance of how the market generally operates over the time but as a representative to how it looks like and getting prepared over the time.

Must be brave and test drive directly to the market. If it is always a demo, it is like a dream that we can imagine and we cannot enjoy the results of our efforts in trading. Indeed, many people talk about success but not everyone can do it. You are right in this, where often both we and many other people most of them fail and lose in this investment for various personal reasons of course after we enter the market.

After trying to use a demonstration, you should be able to practice directly in the market. I agree with your advice. Because when we are in exchange, we will feel a different sensation in trading, because this is real not a demonstration anymore.
 And we can always practice to have good skills, because analysis and strategy are needed in trading such as advice from many people.

[SmartGold01]

Yes that is absolutely right and I agreed with you.
The small amounts they uses would make them have different scope about trading and how it works over than that of Demo. Demo doesn't give full performance of how the market generally operates over the time but as a representative to how it looks like and getting prepared over the time.

Must be brave and test drive directly to the market. If it is always a demo, it is like a dream that we can imagine and we cannot enjoy the results of our efforts in trading. Indeed, many people talk about success but not everyone can do it. You are right in this, where often both we and many other people most of them fail and lose in this investment for various personal reasons of course after we enter the market.

After trying to use a demonstration, you should be able to practice directly in the market. I agree with your advice. Because when we are in exchange, we will feel a different sensation in trading, because this is real not a demonstration anymore.
 And we can always practice to have good skills, because analysis and strategy are needed in trading such as advice from many people.

For one to go on live trading s/he needs to be technically enclined towards understanding how live trading works correct. If they can know how live trading works then it would be that easier for them to go live, live trading doesn't work like demo and it's more difficult hard to control than live trading.

[UNIVERSE]

After trying to use a demonstration, you should be able to practice directly in the market. I agree with your advice. Because when we are in exchange, we will feel a different sensation in trading, because this is real not a demonstration anymore. And we can always practice to have good skills, because analysis and strategy are needed in trading such as advice from many people.

It is not a must to try directly into the market. We should ensure that we already have enough knowledge before we try the real trading. But if we feel confident with our knowledge, we can start the real trading in the market. It is true that using a demo trading is very different with real trading. Even if we may use the analysis both in demo and real trading, but the risks are different. In the real trading, we may lose the money if we aren't careful with our trading strategies.