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NOTE FOR FOREX PLAYERS

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Many Bitcoin traders who were previously forex traders were a bit confused when they first tried to participate in the cryptocurrency market. Bitcoin trading is very different from forex trading because even though the terms of the trading method are different. From forex we know two terms: Long and Short. Long, namely targeting up prices to get profit and Short, namely targeting prices down to get profit.
Whereas in Bitcoin trading it is much more like buying and selling online goods, namely BUY and SELL. BUY means actually buying goods in the form of Bitcoin and SELL which means actually selling goods in the form of Bitcoin. So that the profit is simple, namely the selling price minus the purchase price. So there is no term Margin Call and PIP in Bitcoin trading. The sale of goods profit or loss.
Forex and Bitcoin are not the same - don't force them.


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#1 - February 11, 2019, 08:58:31 AM

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Many Bitcoin traders who were previously forex traders were a bit confused when they first tried to participate in the cryptocurrency market. Bitcoin trading is very different from forex trading because even though the terms of the trading method are different. From forex we know two terms: Long and Short. Long, namely targeting up prices to get profit and Short, namely targeting prices down to get profit.
Whereas in Bitcoin trading it is much more like buying and selling online goods, namely BUY and SELL. BUY means actually buying goods in the form of Bitcoin and SELL which means actually selling goods in the form of Bitcoin. So that the profit is simple, namely the selling price minus the purchase price. So there is no term Margin Call and PIP in Bitcoin trading. The sale of goods profit or loss.
Forex and Bitcoin are not the same - don't force them.
Bitcoin traders do not want to be compared with forex traders because everyone will be different for reasons, but for me there is one thing in common that is on the bitcoin chart which for me is indeed a technical analysis and high prices like many people have a lot of interest in bitcoin so that buying the bitcoin, but still if the price goes down then there is a bitcoin holder who loses if previously bought at a price that is high from the current price, ??
#2 - February 12, 2019, 03:08:45 PM

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Bitcoin trading is very different from the forex market ..... 
and maybe the trading of bitcoin is very risky by seeing its fluctuating prices change very quickly
#3 - February 13, 2019, 11:29:35 AM
« Last Edit: February 15, 2019, 02:41:31 AM by Purple »

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Many Bitcoin traders who were previously forex traders were a bit confused when they first tried to participate in the cryptocurrency market. Bitcoin trading is very different from forex trading because even though the terms of the trading method are different. From forex we know two terms: Long and Short. Long, namely targeting up prices to get profit and Short, namely targeting prices down to get profit.
Whereas in Bitcoin trading it is much more like buying and selling online goods, namely BUY and SELL. BUY means actually buying goods in the form of Bitcoin and SELL which means actually selling goods in the form of Bitcoin. So that the profit is simple, namely the selling price minus the purchase price. So there is no term Margin Call and PIP in Bitcoin trading. The sale of goods profit or loss.
Forex and Bitcoin are not the same - don't force them.
The difference between bitcoin and trading is bitcoin if you have it into a long-term investment and of course you will never find a loss, chances are you will get a profit next year or cutloss. Likewise with trading where we can determine in the direction of the entry, cutloss and of course can get a loss.
#4 - February 13, 2019, 11:34:15 AM

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Bitcoin traders do not want to be compared with forex traders because everyone will be different for reasons, but for me there is one thing in common that is on the bitcoin chart which for me is indeed a technical analysis and high prices like many people have a lot of interest in bitcoin so that buying the bitcoin, but still if the price goes down then there is a bitcoin holder who loses if previously bought at a price that is high from the current price, ??
actually for me, do forex trading more convenient and safer than bitcoin. because the forex price movement is affected by the world economy so as to see the trends in the future easier. While the bitcoin according to you, what affects price heaving bitcoin?
#5 - February 14, 2019, 12:35:52 AM

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The difference between bitcoin and trading is bitcoin if you have it into a long-term investment and of course you will never find a loss, chances are you will get a profit next year or cutloss. Likewise with trading where we can determine in the direction of the entry, cutloss and of course can get a loss.
According to you, is just part of how to run it between the bitcoin and forex alike will suffer losses in the future

* Don't be serious ;D
#6 - February 14, 2019, 12:48:44 AM

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According to you, is just part of how to run it between the bitcoin and forex alike will suffer losses in the future

* Don't be serious ;D
Unlike that, bitcoin has a valuable value and one day the price of bitcoin will soar without our knowledge and of course you don't lose it if you save it. However, in contrast to forex, which can be a loss because it has pair to peer trading between clients and brokers, what happens is we can get instant profit and loss.
#7 - February 14, 2019, 01:25:05 AM

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Unlike that, bitcoin has a valuable value and one day the price of bitcoin will soar without our knowledge and of course you don't lose it if you save it. However, in contrast to forex, which can be a loss because it has pair to peer trading between clients and brokers, what happens is we can get instant profit and loss.
Are you sure that even if you save it very well, you won't lose bitcoin?
#8 - February 14, 2019, 01:40:03 AM

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Are you sure that even if you save it very well, you won't lose bitcoin?
I have to analyze in advance how the bitcoin trend is working right now is it in the lowest area ?? if yes I will buy bitcoin and keep maintaining it.
#9 - February 14, 2019, 01:44:46 AM

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I have to analyze in advance how the bitcoin trend is working right now is it in the lowest area ?? if yes I will buy bitcoin and keep maintaining it.
if so, can you share about the things you understand in analyzing the true bitcoin trend. Because honestly I don't really understand how to analyze crypto trading
#10 - February 14, 2019, 01:47:41 AM

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Bitcoin trading is very different from the forex market ..... and maybe the trading of bitcoin is very risky by seeing its fluctuating prices change very quickly
You think of the same thing as me. Because in my opinion in Bitcoin trading there is no clear object to influence the price of the coin like that the price of bitcoin is influenced by something that is not visible and very strange.
#11 - February 14, 2019, 01:51:27 AM

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actually for me, do forex trading more convenient and safer than bitcoin. because the forex price movement is affected by the world economy so as to see the trends in the future easier. While the bitcoin according to you, what affects price heaving bitcoin?
simple bitcoin is just a payment tool like paypal, skrill, webmoney, etc. that obviously affects the trading of bitcoin technically is only limited to buying and selling fellow bitcoin owners even though buying it must use money, and this is called the balloon effect already feels that the decline can reach the lowest level, the beginning of the bitcoin appears, only to my opinion
#12 - February 14, 2019, 02:30:37 AM

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simple bitcoin is just a payment tool like paypal, skrill, webmoney, etc. that obviously affects the trading of bitcoin technically is only limited to buying and selling fellow bitcoin owners even though buying it must use money, and this is called the balloon effect already feels that the decline can reach the lowest level, the beginning of the bitcoin appears, only to my opinion
sorry, to be honest I don't understand the meaning of your words
#13 - February 14, 2019, 04:18:37 AM

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sorry, to be honest I don't understand the meaning of your words
I know what you mean, about the lack of fundamental news in Bitcoin, I just explained that actually Bitcoin is just a transfer tool like PayPal, from this it obviously doesn't include news that moves Bitcoin related to Bitcoin owners
#14 - February 14, 2019, 09:22:13 AM

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I know what you mean, about the lack of fundamental news in Bitcoin, I just explained that actually Bitcoin is just a transfer tool like PayPal, from this it obviously doesn't include news that moves Bitcoin related to Bitcoin owners
Have you ever felt that the significant price decline of Bitcoin was caused by rejection from many countries about the payment system via Coins?
#15 - February 14, 2019, 11:34:50 AM

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