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1  Bitcoin / Bitcoin Discussion / Re: Bitcoin is instant way to get rich ? on: September 20, 2017, 10:39:03 PM
I'm just getting started.  It just depends on several factors though based on my limited knowledge. For example, If I invested last week when bitcoin was down to ~$3K, then yes.  If, on the other hand, I invested the week before and got nervous when it dropped to $3K, then I've lost a lot of money.  It's about being able to identify trends, knowing when to buy, when to sell, when to hold.  These are things I'm trying to learn for myself by analyzing the charts and staying current on the news.  I think, in terms of trading bitcoin vs. stock, it's a much quicker way to "get rich", but it's a much quicker way to lose a lot of money too.  With this much volatility, it can go both ways.  Research is important.  People have projections and opinions about the future, but no one knows how things will go for sure.
2  Economy / Trading Discussion / Anyone care to share noticeable trends on: September 20, 2017, 10:32:21 PM
I bought some bitcoin back in early 2017 to make a transaction.  I ended up with some leftover, and of course, it's value is now much more now than what it was.  I know there are all kinds of threads and articles about future prospects for bitcoin, but I'm particular interested in daily bitcoin trends.  What are some of your methods? What have you found to be successful and unsuccessful.  I've traded stocks for a while, but this is obviously a much more volatile market.  I understand the huge dip that occurred last week, but at bitcoin's most stable, what are some trends that you all have noticed. Certain time of the day to buy or sell? Certain types of news that impacts value versus certain types of news that have less impact?

i know I've posed a lot of questions.  i don't expect all of them to be answered - especially not all at once; I just want to start a conversation about what kinds of trends people identify to assist them in trading and things of that nature.

Thanks
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