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Topic: Is it still worth it to trade? - page 16. (Read 18185 times)

legendary
Activity: 1134
Merit: 1010
BTC to the moon is inevitable...
February 03, 2017, 09:07:14 AM
#42
you have two options in trading you either do day trading and use the daily short term fluctuations to make profit, in which case there is always a lot of room to make a lot of profit as bitcoin price is still volatile. and even withe less volatility the fluctuation will be there.

or you go long, and for that you need to invest soon before the mass adoption and leave it in your cold storage not touching it for a couple of years.
legendary
Activity: 1652
Merit: 1000
February 03, 2017, 08:59:29 AM
#41
yes it is still worth it but to get more profit we have to concern for altcoin too not only bitcoin because sometimes bitcoin price movement was very slow and hard to get profit from it but altcoins trading also not really bad because if you found the exact altcoins which have potential to grow with very fast the profit will very good and it works for me all this time
legendary
Activity: 1120
Merit: 1000
February 03, 2017, 08:47:28 AM
#40
B8tcoin is still very worth it to trade these days. Even if its price goes down, it doesn't stay at that price for a long time. In a week or so it will go up again and you can sell your bitcoin for a higher price and gain profit. Unlike altcoins, their price is very unpredictable. Bitcoin's price can be predicted. It doesn't dump much like what an altcoin does. But trading bitcoin will also require some huge capital to feel the profit from it.
yes we have two good examples of that, one when the bitfinex issue accord and the price fell down to 500 USD but there it stay only for a day or two and after that the price of bitcoin recover its position very soon, and after that in previous days when also have a good example when the price of bitcoin fell down below 750 USD and it also stay there not for more than a day and now again we can see that the price is trading above 1000 $ such good and fast recovery.
legendary
Activity: 1050
Merit: 1001
February 03, 2017, 04:31:15 AM
#39
I wonder if someone still should get into trading Bitcoin at this point? There was a time with incredible aggresive swings so that daytrading was interesting, but now the movements appear but much slower. Is it still worth it to trade?

Bitcoin trading has always worth it but in recent time the price has been fairly stable which makes day trading difficult but at the same time, Alts have proven to be a very potent alternative the issue there is knowing the right coin to buy in other not to make some mistake. I believe you already know that based on the way the question is being structured.
Not only about the volatile price that recently not there.
But also the current price quite high per 1 bitcoin , makes people a little bit doubt to invest huge amount.
When the price around $300 there a lot of people around me holding bitcoin more than 10 bitcoin and trade daily , but now ..... less than that. Not as worth as when in low price i guess.
sr. member
Activity: 490
Merit: 250
February 03, 2017, 03:43:25 AM
#38
Yes, especially bitcoin, it does not matter if it is slow or fast, it is worth a wait.
Trading must be in right timing,
hero member
Activity: 700
Merit: 500
February 03, 2017, 03:20:23 AM
#37
B8tcoin is still very worth it to trade these days. Even if its price goes down, it doesn't stay at that price for a long time. In a week or so it will go up again and you can sell your bitcoin for a higher price and gain profit. Unlike altcoins, their price is very unpredictable. Bitcoin's price can be predicted. It doesn't dump much like what an altcoin does. But trading bitcoin will also require some huge capital to feel the profit from it.
hero member
Activity: 2842
Merit: 625
February 03, 2017, 02:32:49 AM
#36
I wonder if someone still should get into trading Bitcoin at this point? There was a time with incredible aggresive swings so that daytrading was interesting, but now the movements appear but much slower. Is it still worth it to trade?

Yes of course and just because the price is becoming stronger day by day, I don't think that needs to be bothered and worried about.

Instead just take the advantage and more hopes that the price is going to keep on increasing and that will depend if you will keep on holding or sell.

But better to be calm and wait for some more and just be ready on what is possible to happen.
hero member
Activity: 770
Merit: 500
February 03, 2017, 02:25:15 AM
#35
I wonder if someone still should get into trading Bitcoin at this point? There was a time with incredible aggresive swings so that daytrading was interesting, but now the movements appear but much slower. Is it still worth it to trade?
Trading on bitcoin is always worth  even though the price moves so slowly as of now we could able to make profits out of it and that would depends on what kind of trading style do you have.If you do short tradings then you know what to do its still profitable in my own point of view how much more on long term trades.
currently we can see that the price of bitcoin once again crossed 1000 USD level. therefore i think short term investment in such a high price is a little bit risky, if you still want to invest then long term investment is the best choice. because it is expected that this time the price of bitcoin can cross 1500$ level in next few months. therefore if some one has bought bitcoins below 800, he has a good chance to double their investment within few months.
legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
February 03, 2017, 12:19:18 AM
#34
I wonder if someone still should get into trading Bitcoin at this point? There was a time with incredible aggresive swings so that daytrading was interesting, but now the movements appear but much slower. Is it still worth it to trade?
Trading on bitcoin is always worth  even though the price moves so slowly as of now we could able to make profits out of it and that would depends on what kind of trading style do you have.If you do short tradings then you know what to do its still profitable in my own point of view how much more on long term trades.
legendary
Activity: 2898
Merit: 1823
February 02, 2017, 11:38:51 PM
#33
I wonder if someone still should get into trading Bitcoin at this point? There was a time with incredible aggresive swings so that daytrading was interesting, but now the movements appear but much slower. Is it still worth it to trade?
In my opinion , It is to be better to do trading instead of doing nothing , because day by day people are exiting from trading but less numbers of people are entering in the bitcoin , So making deals , means buy/sell altcoins speedly , became slow .
Because the reason , that trading is much legit way to make money than other ways  , So I will still prefer trading is good and best and also will remain best .
It may be possible that profit in trading became low and slow but earning profit is sure .

Before you say such things and appear dull witted. You should consider who you are giving the advice to. If you give this advice to a person who does not know how to trade well, that is almost everyone in this forum then it would be better for "almost everyone" here to do nothing instead of continuing losing their Bitcoins in the exchanges.
sr. member
Activity: 784
Merit: 250
February 02, 2017, 01:01:30 PM
#32
I wonder if someone still should get into trading Bitcoin at this point? There was a time with incredible aggresive swings so that daytrading was interesting, but now the movements appear but much slower. Is it still worth it to trade?

The blood of a true traders is not worrying whether the swings in the trading is aggressive or not. Because the reason why most traders became patience in waiting it is the self discipline was being applied at the moment they do trade. Meaning, any moment or anytime we do trade due to it is worth to do it as a trader.
hero member
Activity: 532
Merit: 500
February 02, 2017, 11:57:31 AM
#31
I wonder if someone still should get into trading Bitcoin at this point? There was a time with incredible aggresive swings so that daytrading was interesting, but now the movements appear but much slower. Is it still worth it to trade?

Yes it is, at least if this time is the right decision to buy bitcoin. Just wait until tomorrow will come, $1000 will have passed. Trade is always worth with your effort and time.

Right now it is not the right time to buy bitcoin because the price of bitcoin is very high. Even if you sell them when it reaches to 1000$ but you will get only marginal profit on it. Bitcoin trading is always worktable and it will give you profit when you act to it correctly.
i am not agree with you i think it is still good time to buy bitcoin. and selling at 1000 USD will not be a good decision. i think the bitcoin has still a good potential even to cross 1200 USD very soon and even then we can expect that the price of bitcoin will take some more months but after that will cross 1500 USD, therefore holding bitcoin for next few months will be a good decision and can give you a good profit.
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
February 02, 2017, 06:15:36 AM
#30
I wonder if someone still should get into trading Bitcoin at this point? There was a time with incredible aggresive swings so that daytrading was interesting, but now the movements appear but much slower. Is it still worth it to trade?

the smaller the swings get the better it is to trade, it actually becomes easier because the changes become more predictable and logical. whereas in highly volatile market nothing is certain and you can never make successful trades in day trading.

besides bitcoin is not yet like that. as you can see there has been a nearly 7% rise in the last day alone and it has not yet stopped.
hero member
Activity: 1330
Merit: 569
February 02, 2017, 03:23:09 AM
#29
I wonder if someone still should get into trading Bitcoin at this point? There was a time with incredible aggresive swings so that daytrading was interesting, but now the movements appear but much slower. Is it still worth it to trade?

Bitcoin trading has always worth it but in recent time the price has been fairly stable which makes day trading difficult but at the same time, Alts have proven to be a very potent alternative the issue there is knowing the right coin to buy in other not to make some mistake. I believe you already know that based on the way the question is being structured.
sr. member
Activity: 308
Merit: 250
February 02, 2017, 03:21:36 AM
#28
did you know AMD just shoot up more than 10% yesterday?
hero member
Activity: 966
Merit: 515
One of the world's leading Bitcoin-powered casinos
February 02, 2017, 03:17:55 AM
#27
I wonder if someone still should get into trading Bitcoin at this point? There was a time with incredible aggresive swings so that daytrading was interesting, but now the movements appear but much slower. Is it still worth it to trade?
Why not , since it became slow but still aggressive in the list of making money .
Earliar I  was trading with my money and btc at the yobit but from time to time the activity and increase in the number of user didn't increases and the activity of the traders became down , After this I goes for the poloniex and bitrex , I found that these exchange sites are much active then other .
But the OP is saying is true also for other in some manner , but the reason behind these is due to increase in the numbers of altcoins per month ,So the users are usually get distributed in all over altcoins .
hero member
Activity: 1218
Merit: 507
Leading Crypto Sports Betting & Casino Platform
February 02, 2017, 03:16:37 AM
#26
From all trading BTC/USD is good platform where you can make some decent profit on it. In BTC/USD trading you need to be very careful because it's market is volatile, you need to have lot patience and dedication. If you get the bitcoin at the cheap than it right time to sell them because right now the price is bit higher.
sr. member
Activity: 924
Merit: 260
February 02, 2017, 03:13:21 AM
#25
I wonder if someone still should get into trading Bitcoin at this point? There was a time with incredible aggresive swings so that daytrading was interesting, but now the movements appear but much slower. Is it still worth it to trade?

Yes it is, at least if this time is the right decision to buy bitcoin. Just wait until tomorrow will come, $1000 will have passed. Trade is always worth with your effort and time.

Right now it is not the right time to buy bitcoin because the price of bitcoin is very high. Even if you sell them when it reaches to 1000$ but you will get only marginal profit on it. Bitcoin trading is always worktable and it will give you profit when you act to it correctly.
op now is the best time to trade if you are a leverage or margin traders. Bitcoin when from 915 dollar yesterday and went all up to trade today at 982 dollar that is a gained of over $60 within twenty four hours. I think this is the best time to trade. Arbitrage traders are also making it big as the different between the exchangers is very high now.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
February 02, 2017, 03:08:48 AM
#24
if you can get cheap price of the increasing of bitcoin price then trading is still worth to do. i think as long as we can found any difference for the price and we can get it easy, then we can continue to trading bitcoin. but if we get difficult to get the difference, i think its better to wait for a moment until the price is looks stable then we can analize and buy bitcoin.
sr. member
Activity: 658
Merit: 251
VIMee - Social Network
February 02, 2017, 03:00:00 AM
#23
I wonder if someone still should get into trading Bitcoin at this point? There was a time with incredible aggresive swings so that daytrading was interesting, but now the movements appear but much slower. Is it still worth it to trade?

Yes it is, at least if this time is the right decision to buy bitcoin. Just wait until tomorrow will come, $1000 will have passed. Trade is always worth with your effort and time.

Right now it is not the right time to buy bitcoin because the price of bitcoin is very high. Even if you sell them when it reaches to 1000$ but you will get only marginal profit on it. Bitcoin trading is always worktable and it will give you profit when you act to it correctly.
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