Bitcoin Forum

Bitcoin seems to be on the rise lately. I'm wondering what might be the best way to maximise profits. Any suggestions?

It's not easy to make short time gains using bitcoin, due to transaction prices. The best way to go about this is to buy, and wait for the price to incease, like pretty much every other investment.

Bitcoin is a long-time investment, so you can buy bitcoin and hold them, for resell it when the price is higher
And i think that can happen soon, maybe at the end of 2017 :)

Go for a long term investment if you really want to join with the ride. Bitcoin has so much journey ahead so I think it is not really late to join. Buy coins that you can afford to and hold them. Even if they are just a fraction of bitcoin, they have worths and holding them will make them grow if you got it right.

reached $ 8000, with so much good news the price can increase a lot


buy when it falls a lot and sell when it goes up a lot, it can be a good way to earn a good profit, for example the people who sold when the bitcoin price was $7500 and then bought when the price was $5900 and now they sell when the price is $8000

if you are familiar with margin trading,... you can always short altcoins that are dropping hard during the bitcoin rise and enjoy the profit you gain. and then any profit that you make you can invest in bitcoin so you have more bitcoin before the new record is set and new ATH is reached. that way you have more profit than just buying bitcoin directly.

It would be difficult to get to ride the rising rates of bitcoin since the price is actually high. However you might want to try waiting for a dip since that happens in markets nowadays

It was good to buy when it dropped at 5900$

Times like these, it is not advisable to make short term investment in bitcoins because the price is very unpredictable. If you sell somewhere not on top and then re-buy at not so low, you might end up losing profits. That's why I strongly suggest that you HODL your bitcoins and wait for a decent target price like $500,000. That is the safest way to maximize your profits. Also, you may want to research on ICOs such as Angel Tokens. This can give you huge profits in a short span of time.

Bitcoin price is about to peak, if you want to make profit, you can try to short it when  you noticed that it is about to make a correction. Then buy back again. It is the only way I can think that can maximize your profit  from what you have except from holding long term.

So what? Shouldn't invest in bitcoin anymore?
It was better to buy that time. But now the price is still rising.
There are many people think that they have lost the opportunity and it is late.
Those who have invested earlier in this market have made higher profits. But now is still good time to buy bitcoin even for long term and even in short term as the current price rise has started recently after the correction

Correct. With every ATH, it means that if you bought at any of the last 10/20/50 ATHs, you still made a profit. If you are buying and holding long term (years) the price you buy at the moment matters much less than if you are trying to day trade.

Bitcoin for a long term investment, altcoins for short - mid term. Basically you have to buy BTC and forget about it, because you do not want to see it go back to $4000-5000. If you do see this - it will make you feel worse and you might sell at a loss.
I have seen tens of times that buying and forgetting is better than trying to trade and maximizing your stash - you lose time and you can tilt if something happens not your way.

Sell atleast half of your bitcoin at current price range and hold half to sell at much higher price. Alternatively you can use fiat you will get after selling your bitcoin to buy few altcoins whose value is quite dumped after pump in bitcoin and wait for some correction in bitcoin's price.

You might get very good profit in this way and in the mean time your risk of lossing so much during correction after huge pump will be quite low.

But not as long as the stock markets, Imagine you need to wait for years to see some promising results for your assets to grow, but crytocurrency like bitcoin can be a short time investments but that will always depends to the person and the events that is happening to the market.

Well the best way to grow your investments to crypto these days is a long term one and for the short term investments are for the altcoins, the safe way to maximize your profits is just simply by hodling but if you want to take the risk and you have plenty of bitcoins of your own you can go for trading.

If you are looking to hold BTC for long term, then just buy now. It is hard to catch BTC price but most of the time, it is rising.

When there is bad news, BTC price might dip, but you can’t be waiting for bad news to come and the price might just keep increasing.

As others have said, buy now and forget that you have bitcoin for a while. If you expect to make short term winnings, then bitcoin may not be your cup of tea.

this is the riskiest time you could possibly invest. yes, there is a very strong chance that bitcoin will continue up to 10k, but there is not guarantee of how long that will take, and how long we will stay there. these price levels are absurd, and im starting to fear that what I thought was excessive but genuine enthusiasm, might actually be one of the most epic pump and dumps that I have seen in recent memory. we just keep going up people, on good new, bad news, fuck it sometimes no news. this price has no justification. I hate to sound like the bank bros, but as we near 10k for no good damn reason I have to wonder:

how long is this going to last, in this state?

We should wait till the price dropped to 6000$ and from there strong Buy.
Hold it for next move till End December 2017.

Well, if you have thought about it a week ago, you could have easily bought Bitcoins at a 150$ cheap rate (When bitcoin was dumping) and by now (when it is near its all time peak value), you could have gained the profits already.  Anyways, if you are long time holder, i would suggest to wait for few days and if you see market being to crash, buy some coins according to you budget and keep them save for the year end. I hope bitcoin will cross 10K by this year end.

Bitcoin is a good investment. But you don't have to do anything with it. Just buy and keep it in your wallet.
 That's more than enough. In long run you will get profit from it because its price will only increase.
 In my opinion don't do any trading with it because you have to pay a hugh amount as fee.
 Just keep it  in your wallet as such and remember to keep your password and private keys safe. That's it.

Hi,

My answer may be quite surprising but I would say: don’t be greedy. You can make profit with bitcoin, but as in poker, it is better to take your time and make “sure” movements.

Maybe, at some point, you will thing “I should have bought right before” or “I should have sold after”, but you can ensure steady profits through the forecast of long-term trend. Nothing can be assured but if you bet small and steady, I think it is your best chance to increase your profits!

Otherwise, casinos and other gambling websites can be interesting (their margin is generally around 1%) so you really have a chance to duplicate your btc!

Like everyone else, the best thing is to buy bitcoin and wait for him to grow. Bitcoin is growing and i think till the next year, maybe february or may, will not stop. Sow, the best way is to increase it by buying bitcoin.

if you really can afford to have bitcoin and join with the party better to take that and make no doubt on it we know that bitcoin is a good investment and no can ever tell that you can have nothing because bitcoin can be more than as you ever think . Bitcoin will be more good in the future.

bitcoin is not a short-term investment, if you want a short-term investment I suggest to choose another altcoin. But if you still want to choose bitcoin, you better buy at the current price then hold up for several years ahead, because the price will definitely rise higher

Holding would probably be your best bet. Try to get in when bitcoin is on a short fall. If you see a drop in the range of 200-500 and you believe that there will be a rebound, buy as soon as you can during that drop. When the price rebounds and it starts rising again, you will have some profits. Chances are, that if you hold throughout 2018 where there will likely be a rise due to stronger support from the tech scene. All of this is speculation right now, but hey, it's your trust that brings bitcoin up!

Maximizing profits needs proper timing and good investment choice you can do my style. I invest 50% of my earnings on bitcoin for a long term by keeping my bitcoin in my wallet then the remaining were use to buy some alts or ICO for trading purposes, this one is for short term investment in this method you can maximize your profit but if you have more capital I suggest you try investing in ICO project it is believe this can be a big hit in due time.

Indeed, being greedy is one sure way to make sure you lose everything. The most important thing is long-term thinking to ensure that your investments are safe and secure and you will not lose them fast or get scammed which are huge concerns in the crypto community right now and also very unfortunate.
By the way casinos have much higher than a 1% advantage. That is only if you play perfectly, but most people do not and therefore they have a much higher edge than that.

Always check the trend, as of now there is no surrounding issues or scandals hovering around Bitcoin, there is no such "FUD" articles relating to Bitcoin and the movement is now on uptrend movement. This is a good time to invest but still it should be observed well, Bitcoin's price is volatile, always remember that.Investment has risks and know your Risk Appetite before Investing, consider everything including your emotional capacity, because Investment has no guarantee that you can surely generate profit to it. Investment is risky.

As of Now,The trend to have an instant profit is to do the Day time Trading,which is some of them have successful results , if you want to read more, go to Trading Discussion board.

Sometimes greed just bothers your progress. The attemp to maximize the profit can turn the situation worse and make you lose money, so why don't just hold Bitcoins and wait until you are able to sell it and make profit? Why to risk your money with trading (especially if you don't have experience), gambling or Ponzies/HYIPs? Surely there are some good methods to increase your profit, but it's not a lot, examples are FreeBitco.in investment and casino bankroll (risky anyway on short term).

My strategy lately in gaining profit is focus on buying. I had observed that when Bitcoin price is ATH or on its peak, the altcoins are usually on the dip. That's the time that I will buy altcoin because after a few days, there will be a pump on them. Sometimes,if there is a good ICO, I'm also investing on them and waiting after a few months to sell it. I hope that this strategy can help you.

I don't think bitcoin will fall below than $7000 this month, just my prediction so if you want to maximize your profit just buy it and hold it for a long time. Bitcoin investment is a long term investment because many believe that the price of bitcoin will increase in the next years. If you want, try to buy some altcoins too and hold it or try trading.

If I say in bitcoin this is not too late. All there are individual blessings in following and working on and even investing what you have now. If you want a better profit you choose for the long term. This is what I do too. May we succeed in investing in this bitcoin.

Let's take a look bitcoin value from year 2009 ~ 2017 , you will see bitcoin's value always increase from year to year.
It's good investment for long term but remember if you can't afford to loss , just stay away because bitcoin value still consider volatile by many economist expert around the world

sell when bitcoin is about to dump and buy when it is start to pump. or you can just buy and hold it and wait for a year or more to gain more profit.

in my opinion if u want to buy bitcoin it's should be on 6000$ or 6500$, high risk if u want to buy now, but it's just my suggestion  :)

Every time BTC reaches a new ATH people say it's too late to invest, it's too expensive. I had a friend say this to me when it was at $4,000 so he wanted to buy another coin. Now's it's double. Remember friends, we are still very early - BTC is only held by a few million people.