I've seen several members claiming to make a living by trading Bitcoin, and, whilst this is possible, it does require quite a degree of sophistication in my opinion. Always remember that for you to make a profit, somebody else has to make a loss, and the odds are even further against you, as there are two lots of trading fees that will be taken by the exchange. and there is probably a price spread to consider as well.
The price of Bitcoin seems to be manipulated at the moment, and many statistical changes seem to be triggered by major investors, rather than an indication of a price trend as a result of general market valuation. So, given that the odds seem to be stacked against you, I wonder how many beginners or new members are able to read the market accurately enough to make a profit from trading.
