Topic: When is the best time to trade a Bitcoin - page 6. (Read 858 times)

That comparison of Bitcoin with gambling on football seems to be odd IMO. You'll only lose as you invest in Bitcoin when you're going to sell at a loss. It's the time when you decided to cut your losses and you can't do anything about it. Just in the context, Bitcoin is deflationary asset and that's why it's requiring everyone's patience for you to see the better value of it. Those that have sold too early, there are too many reasons for that. Either they need the money asap or they just don't feel like that it's going to stay based on the market situation at those times. Like for so many times when it was too down and many have lost faith on it.

If this is your observation and you think that it's applicable to you then do it. What matters when you are about to buy is when you are ready to take the risk and you're prepared for the long flight that it may take because it's going to be a game of patience and we'll never know how long it will be until you want to take your profit.

That's why there are a lot of traders losing and winning.
Once you are already in trading, you will experience "Expectation versus Reality" Where some people when they are about to try trading, are expecting easy money but it's not.
With trading Bitcoin, it's still difficult that's why we really need to study and learn. Learn market analysis like technical and fundamental analysis, it will help.

I understand that you are only giving a scenario but Bitcoin is never like a gamble. In gambling when you lose, your money is gone and you are left with nothing, in Bitcoin investment if you invest $1000 when the price of Bitcoin was $47k, even if the price of Bitcoin drops to $30k, you will still have your Bitcoin in your wallet and you can hold it until the bull market starts again.

There is a common unwritten rule of Bitcoin investment which states; "if you don't sell at a cheap price, then you have not lost anything. "  Don't forget that rule bro.

Bitcoin investment need someone to have a proper knowledge and you will be able to make a successful investment. Although what you should also know is that Bitcoin investment is different from trading and trading is more risky than investing. If you are trading on leverage, you have to he aware that you asset could get liquidated.

I believe that the reference you are making about  buying Bitcoin in the day and selling at night means trading for a short term profit which is more risky than just investing and holding in your cold wallet. In regards, a trader must know the risk attached before indulging in trade.

Bitcoin is never a gamble because in gambling you never can tell when all bets will win but with bitcoin and he invest its knowledge you can simply predict even though it’s not something too accurate but example is during bull run we all can predict an uprise of bitcoin and we all Know that this bull comes after an halving I don’t think a gamble can turn waves like that.

Another thing is the trading you made look like a gambling also doesn’t actually seems like it is, because trading requires skills either fundamental skill or technical skills. This two combine can put someone in advantage of winning every trade rather  than gambling that is always a 50/50 chance

Also it seems you check on the bitcoin chart too much during the day and later think they move well in the night since you don’t get to check them

 This is very correct as you speak my mind , bitcoin changes is not fully predictable to time interval. The best one can is the constant monitor because allot of time difference are there when it comes to deal with country with different time, every operator,investors  or trader have it's strategies where it suit them I believe too well what you observed may be correct according to your way of trading and if turn favourable to you but may not be in another be person base on time difference.

Fellow, first of all here is not a trading board. I think the forum is classified according to different board and the type of threads that fits in to it.

Well for me me Bitcoin is not like gambling, infact Bitcoin is way way better than gambling. reason being that in gambling you your winning or lost is not assured, but in Bitcoin there is an assurance. because Bitcoin is volitille which only make use of uptrend and down trend. If it goes up you make more money but if it decline you also lost. But the loss will not be like gambling, that if you loss you loos final.
Fellow, first of all here is not a trading board. I think the forum is classified according to different board and the type of threads that fits in to it.

Well for me me Bitcoin is not like gambling, infact Bitcoin is way way better than gambling. reason being that in gambling you your winning or lost is not assured, but in Bitcoin there is an assurance. because Bitcoin is volitille which only make use of uptrend and down trend. If it goes up you make more money but if it decline you also lost. But the loss will not be like gambling, that if you loss you loos final.

Selling Bitcoin is not the best option. Anybody that does know much about Bitcoin would know is a long tall of them
I just discovered that Bitcoin most times depreciates in day time but when it gets to late hours at night it increases its exchange value I don't know if anyone has this observation as well

Same to Bitcoin. patience matters alot, you may sometimes sell your Bitcoin because of fear of depreciation in value exchange while some still hold on to it

In general your post is based on an extremely short term view. At this current time
the general consensus is that this is a time for buying before the halving and if you
can HODL for a year then you can take your profit if you want.

So your post is really about trading and thats a different matter. Trading is a gamble
for newbies, seasoned traders know what they are at. Anyone can start trading
immediately, whether you are successful is a coin toss.


That all depends on where in the world you are, Bitcoin is global!

1. Having bitcoin is not difficult, you can have 1 Satoshi and not die trying, perhaps it is "difficult" for a 1BTC, but Satoshi is open to everyone.

2. no, it's not like a soccer bet, no.

3. Bitcoin does not have schedules to change prices, that appreciation is somewhat strange.

Re: The best moment! Is the one indicated by the graph just when the green color appears after the red,  but if there are no good profits the fee will charge you part of that profit, so, ROI=0, that is, there are several things to see...


^{(1,2,3) have to do with the most relevant points of your context, OP}

Many people from all over the world with different time zones are on this forum. If you want to talk about something like this, you will need to specify your country time zone. The morning in your country is the afternoon or nighttime in another country.

Trading is not as easy as this at all. Bitcoin do not have a time it will increase it decrease. You may notice what you are saying to be repeating, but within some days, it will change. Bitcoin may increase during the day and fall during the night. Bitcoin may increased in the night and decrease during the day. There is not specific time for the increase and decrease of bitcoin price.

Having Bitcoin at this time is a very big achievement for anyone who has it now, but as everyone one may know no condition is permanent in the market you may have the up and downs loss and profit depending on how you strategically plan your personal business.
Now I observed that Bitcoin is like a gamble of football game whereby you go to the bet shop book your bet and wait for what will come sometimes you win sometimes fear can make you cash out after your cash out you may be lucky and sometimes you might lose something you would have gotten if you had waited.

Same to Bitcoin patience matters alot you may sometimes sell your Bitcoin because of fear of depreciation in value exchange while some still hold on to it
I just discovered that Bitcoin most times depreciates in day time but when it gets to late hours at night it increases its exchange value I don't know if anyone has this observation as well

So for me in this situation you can buy your Bitcoin at day time and trade it at night when it adds
But it is very important to watch at it carefully.