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Topic: How well do you understand Bitcoin Investment? - page 6. (Read 2074 times)

member
Activity: 150
Merit: 10
To me investing in bitcoin is like walkingt into a casino with a small cash at hand and coming out of it with huge money in return but dont forget you can also walk out with nothing depending on how you played all your games. investing in bitcoin require for one to be patient and also have knowledge on every aspect of bitcoin -
full member
Activity: 420
Merit: 100
For the past months now, I have been studying and monitoring the Bitcoin trading market. I realized that, Bitcoin investment shouldn't necessarily be a long-term one (you buy bitcoin and hold it till the price double or triple). It is very possible to make about 0.35 to 1% of profit on an average within two to three hours if you carefully study or monitor and understand the trading trends. If you agree with me, share your thoughts on this. If you also disagree, i will appreciate your reasons and thoughts.... Cool Cool Cool Cool Cool
I think bitcoin investment is a game of patience, bitcoin is really amazing but if we dont have patience we are nothing but a second rate trying hard copy cat. E need to become prudent because bitcoin investment is really unpredictable. And we can also loss a profit on it.

I also think like that, bitcoin investment does use patience, because if we are not patient we will be able to lose profits and panic easily. because bitcoin investments cannot be estimated, there are times when marketing prices go down and up
newbie
Activity: 40
Merit: 0
investment in a very short time often people call it trading
this type of investment is more suitable for people who like to speculate

I think bitcoin is more suitable for long-term investments because these years are still in the initial phase
the reason for this is the fact that there are still very few people who know bitcoin than the entire human population of the world
full member
Activity: 564
Merit: 100
This is like trading, buying and selling, earning from it. It is quite difficult for newbies to refer to regular market prices. Bitcoin investors should pay attention when Bitcoin prices are small and there are no signs of significant fluctuations.
94K
member
Activity: 350
Merit: 10
HiveNet - Distributed Cloud Computing
Considering the BTC investment, me for instance I have invested in it and earn 1% each day and it's working for me. You can choose a good investment and earn even more as you want.
sr. member
Activity: 833
Merit: 267
For the past months now, I have been studying and monitoring the Bitcoin trading market. I realized that, Bitcoin investment shouldn't necessarily be a long-term one (you buy bitcoin and hold it till the price double or triple). It is very possible to make about 0.35 to 1% of profit on an average within two to three hours if you carefully study or monitor and understand the trading trends. If you agree with me, share your thoughts on this. If you also disagree, i will appreciate your reasons and thoughts.... Cool Cool Cool Cool Cool
I think bitcoin investment is a game of patience, bitcoin is really amazing but if we dont have patience we are nothing but a second rate trying hard copy cat. E need to become prudent because bitcoin investment is really unpredictable. And we can also loss a profit on it.

Yes you are absolutely correct as bitcoin goes ups and downs it doesn't mean it will fall. Just a reminder that bitcoin was at 5000$ at the same time last year and rallied to $20k in the next four months. So I strongly believe this will go up again this year as well.
member
Activity: 209
Merit: 12
if you think you can make more profit by day trading bitcoin then by all means go for it, it certainly is possible. but you should first know the risks of doing so. it is not always about what you can or can not do, it is about what is the most convenient way with least amount of risk but  highest reward.
the risk of day trading is not just the volatility and the fact that price can go suddenly in your opposite direction, that is obvious. the less obvious risk that people usually miss although they know it is the fact that you are trading on online exchanges which are known to the very unsafe. your account can get hacked at any moment, the exchange itself can close your account, scam you, run away,... and you can go to zero in a blinking of an eye.
You are definitely right. The risk involve is moderate when you invest the amount you can loose. I believe the solution to that of the online exchanges is withdrawing all your funds once you are done trading for the day to reduce the risk.
newbie
Activity: 31
Merit: 0
Just like a math problem, just solve it directly to understand the whole problem. And I think Bitcoin is the same. Invest in Bitcoin when you participate in it, there will be failures or successes and that knowledge will help you.
newbie
Activity: 84
Merit: 0
My thoughts are the same as yours, and I think that all the coins in the market are more suitable for short-term trading, even if we hold Bitcoin for a long time, then it may be no gain!
newbie
Activity: 18
Merit: 0
lol, I agree with you buddy but I bought btc at 19k. So I'm just monitoring and crying
Trading btc is really easy, it just need patient
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
For the past months now, I have been studying and monitoring the Bitcoin trading market. I realized that, Bitcoin investment shouldn't necessarily be a long-term one (you buy bitcoin and hold it till the price double or triple). It is very possible to make about 0.35 to 1% of profit on an average within two to three hours if you carefully study or monitor and understand the trading trends. If you agree with me, share your thoughts on this. If you also disagree, i will appreciate your reasons and thoughts.... Cool Cool Cool Cool Cool
I believe that these days trend has change and bitcoin now is one Good materials for daytrading because this is the only cryptocurrency that moves grow and down almost daily or the next day,upon my observation this top coin is the best crypto to use even long term and daytrade nowadays unless the market react as whole,not like now that only bitcoin grows some and most of altcoins are dropping
legendary
Activity: 3346
Merit: 1914
Shuffle.com
It's all about the timing because as what the others have said it could go the other way. I agree that Bitcoin shouldn't be necesarily be a long term investment it's only optional but I think many traders prefer the long term and mid term route because having to trade Bitcoin every few hours sounds more risky imo. A big capital is required for short term investments to become profitable which makes it more risky because your putting more and only earning a small % it can be a disastrous if you don't know what to do next.
member
Activity: 532
Merit: 10
I am only understand about how can increase bitcoin for investment is by looking when bitcoin have drop or lower price I will buy it, but when bitcoin have raised and have higher price I will sell all of it. so far I am still don’t know about h when and how to find bitcoin will growing or down.
member
Activity: 294
Merit: 34
Bitcoin is still new and it is important to understand how bitcoin works before investing any money. There is no official price of bitcoin and the value increases at very fast pace and sometimes will have a downfall. You can earn money in bitcoin by buying it at a lower price and sell it when the price is high. It is just the matter of when is the right time to buy.
jr. member
Activity: 154
Merit: 1
just remember than just because you saw the possibility of making profit, or even if you made profit once or twice it doesn't mean it is easy or even possible at times to make this kind of profit consistently. specially in a market that is unpredictable sometimes.

for example right now it seems we are on the rise but we still have a big unpredictable event ahead of us called ETF and that can change the direction both before its event and after it and there is no way of knowing how.
I agree .It's important not to get to cocky, bitcoin takes time and patience and  fully analyzing the market. Since its so unpredictable, you always have to be one step ahead and have a firm plan.
member
Activity: 311
Merit: 10
I'm on the point where I am already connecting the dots, earning more knowledge and making an effort to understand the flow in bitcoin investment. Learning and reading is my best way to excel so I am giving my hundred percent to succeed and earn bitcoins. It's all about patience for me and the will to take all the risks in bitcoin investment.
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
I disagree. I bought bitcoins when the price was between $300 and $400 and I waited for a couple of years and then the price increased to $19000. This gave me a profit of over 800%, which is unrivaled in any other Commodity. Bitcoin was the Best Performing Currency/Commodity in 2016 and 2017, so it would have been wise to invest for 2 or 3 years, before you consider selling. People who are day trading bitcoins, might end up losing more money, than the person that bought bitcoins and simply hoarded it for years.

In my opinion, Bitcoin is definitely a Long-term investment.  Cool  
hero member
Activity: 3150
Merit: 937
For the past months now, I have been studying and monitoring the Bitcoin trading market. I realized that, Bitcoin investment shouldn't necessarily be a long-term one (you buy bitcoin and hold it till the price double or triple). It is very possible to make about 0.35 to 1% of profit on an average within two to three hours if you carefully study or monitor and understand the trading trends. If you agree with me, share your thoughts on this. If you also disagree, i will appreciate your reasons and thoughts.... Cool Cool Cool Cool Cool

Do you think that most of the crypto investors want 0.35 to 1% profits? Grin
They are way more greedy and the risk involved with crypto trading is way bigger.By the way,there is a big difference between trading and investing.If you buy bitcoin and sell it after 3 hours to make 1% profit,this is trading.If you buy it and wait for 2 years when the btc price doubles,this is investing.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
just remember than just because you saw the possibility of making profit, or even if you made profit once or twice it doesn't mean it is easy or even possible at times to make this kind of profit consistently. specially in a market that is unpredictable sometimes.

for example right now it seems we are on the rise but we still have a big unpredictable event ahead of us called ETF and that can change the direction both before its event and after it and there is no way of knowing how.
hero member
Activity: 1274
Merit: 516
Yeah, if you are a great trader then you can make a lot of profit within hours, but you also can lose your money in split second, short term is certainly not for beginner because the risk is too big, for the beginner long term is more suitable because it doesn't need to complicated trading analysis and the risk is also not too big
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