Topic: Which is better: arbitrage or simply holding onto bitcoins? - page 3. (Read 2438 times)
Depends on your bankroll size if you have large sum of bitcoin you better keep on buying and selling for small swing in price like 5$ to 6$ never wait till 20$ or similar margin. And always keep your bankroll in the form of bitcoin when you stop trading for the day.
Arbitrage might work well with the share market as its completely interlinked to the world economy. Bitcoin doesn't depend much on world economy. Even during the days of bad market situation bitcoin was on the increase. So right now its better to hold as you can get higher profit than arbitrage.
Subject is completely related to market conditions at that point of time.Speaking of the bitcoins in current week you can probably get an estimation that selling would probably a bad idea as the prices are hiking day to day ,even if they fall by margins there are higher chances that will increase by halving.When the market is down,you can buy coins and hold on for the price to rise.
sometimes i had tempted too do arbitrage if i see range prices between other exchange with my local exchange but my friends tell to me arbitrage have high risk too especially if you start it with small capital because the profit will be cut out just for the fee and he say just predict the exact prices will more better than arbitrage strategy because it doesn't works with very well for him
Whenever I get bitcoin, I immediately sell for a small profit. I have been wondering if I would be better off just holding onto them...then I think that to make money I gotta buy and sell, buy and sell, over and over.
What are your thoughts? Is it better to buy and hold or buy low/sell high?
What are your thoughts? Is it better to buy and hold or buy low/sell high?
what you say here is not arbitrage, arbitrage trading is something completely different.
but to answer your question, it depends on you and your needs. if you need the money from the bitcoin you get, then sell it but try to keep as much as you don't need to sell because as you can see from the history the price has been rising so far and it will continue to do so.
It depends on how much Bitcoin do you own. In general arbitrage trading is considered only good option if you own massive number of coins.
With small capital your arbitrage profits could not be as significant. From the other hand holding is so far proved to be the most effective money earning strategy.
With small capital your arbitrage profits could not be as significant. From the other hand holding is so far proved to be the most effective money earning strategy.
Whenever I get bitcoin, I immediately sell for a small profit. I have been wondering if I would be better off just holding onto them...then I think that to make money I gotta buy and sell, buy and sell, over and over.
What are your thoughts? Is it better to buy and hold or buy low/sell high?
What are your thoughts? Is it better to buy and hold or buy low/sell high?
Well, I believe that holding is the safest thing to do. Because arbitraging between exchange sites is pretty risky, and considering that deposits only confirm after 3 confirmations on most exchanges, by the time your coins credit, the arbitrage might have already been gone.
Also, you can look at the long term instead of the short term with holding.
it is just timing and believing mate, if you choose the buy and sell thing right now is not the perfect timing because btc keep on rising so its is profitable to hold and continue until the halving just don't lose your nerve mate believe and it will happen. good luck
Whenever I get bitcoin, I immediately sell for a small profit. I have been wondering if I would be better off just holding onto them...then I think that to make money I gotta buy and sell, buy and sell, over and over.
What are your thoughts? Is it better to buy and hold or buy low/sell high?
What are your thoughts? Is it better to buy and hold or buy low/sell high?
It depends of the situation.Last year i had the same feeling.Every time i get bitcoins,i think that the price will
go down so i sell all my btc for USD.But the price does up and i lose potential profits.
Now i think that it`s better to buy and hold.
Whenever I get bitcoin, I immediately sell for a small profit. I have been wondering if I would be better off just holding onto them...then I think that to make money I gotta buy and sell, buy and sell, over and over.
What are your thoughts? Is it better to buy and hold or buy low/sell high?
What are your thoughts? Is it better to buy and hold or buy low/sell high?
Jump to: