Analysis of recent Bitcoin fluctuations

[Reid]

It's nice to be honest sometimes. 
We cannot deny that many "bitcoin hodlers" as they call themselves are now also selling their precious bitcoins.
Well, it's theirs so no one can stop them even if someone put them on the cross.

The thing is, we don't really know how long this hype will last.
It may even end right now so you could've done a good decision or maybe regret it.
It doesn't matter, as long as you did what you want.

I might even sell some of my bitcoins too. This lockdown made the expenses higher for the family and we are getting fat. 

[carter34]

Day trading never works well, I’ve seen so many of that type come & go after getting REKT over the years.
Just HODL your bitcoin’s at least until the end of next year, I guarantee you’ll make far more $ doing that than trying to trade.

Day trading is also making some other traders good profit. These all depends on the pattern of the way you learn it. Day trading is for traders who enjoy being on the system and have the time to monitor the running trade to know the profit time. Hodling also is good but for a long time.

[FanEagle]

Day trading never works well, I’ve seen so many of that type come & go after getting REKT over the years.
Just HODL your bitcoin’s at least until the end of next year, I guarantee you’ll make far more $ doing that than trying to trade.

Day trading is also making some other traders good profit. These all depends on the pattern of the way you learn it. Day trading is for traders who enjoy being on the system and have the time to monitor the running trade to know the profit time. Hodling also is good but for a long time.

Day trading "never" works well is a bit stretch. Of course it could work well depending on the situation, there are tons of people who make their profit from day trading too, you could pick any few coins you want and you can master the prices of those coins and instead of trying to profit from ups and downs you could just focus on the spread and trying to make profit from that alone and still come out profitable.

However I can't say it is "always" profitable neither, it is not always profitable and you could end up losing money as well, you could get in with the hopes of getting out in minutes and it could crash so the price will be lower. So, there is nothing you can do to keep focusing on the one way or another, it could be profitable some times and it could be losing some other times, it always changes from situation to situation.

[kentrolla]

Day trading never works well, I’ve seen so many of that type come & go after getting REKT over the years.
Just HODL your bitcoin’s at least until the end of next year, I guarantee you’ll make far more $ doing that than trying to trade.

If the price is unstable then just have a try to go for day trading, somehow you will get an idea if you see the graph which means there could be fluctuations so Invest some amount and buy for the day's low and sell it for a descent profit I am sure you can earn atleast 25$ this is just an opinion. But yes it's risky still it's upto you.

[Oilacris]

Day trading never works well, I’ve seen so many of that type come & go after getting REKT over the years.
Just HODL your bitcoin’s at least until the end of next year, I guarantee you’ll make far more $ doing that than trying to trade.

If the price is unstable then just have a try to go for day trading, somehow you will get an idea if you see the graph which means there could be fluctuations so Invest some amount and buy for the day's low and sell it for a descent profit I am sure you can earn atleast 25$ this is just an opinion. But yes it's risky still it's upto you.

I actually disagreeing with this kind of insight towards day trading which doesnt really make more than with those profits that made up by just holding.I dont know on how do make calculations had been made but i do actually see the different thing around.

When it comes to fluctuations then i dont really usually make up some questions in mind.People might tend to hold for long term but there are people who do really tend to make active trades yet making profit
is way more better than this but of course it will really be equaled on the risk which is more higher.

Now we are already above 14k price and for those who do make up some accumulation in 13700 did really make out some profits in a matter of days time.

[sana54210]

Obviously there are good day traders and there are bad day traders, nobody could say that you could make a profit or nobody could say you can't make a profit, it all depends on what and how you do the trading.

Maybe you are an expert and with 1 bitcoin capital you make around 3-5 bitcoins per year? Or you increase your capital that way and keep making a lot profit bigger and bigger? Or maybe you are just a bad trader who has like few thousand dollars and go into coins that drop significantly and can't wait for them to come back so you get out at a loss?

We don't know what type of trader you are so we assume that at the very least you would probably make a better return by just buying bitcoin and holding, because that is guaranteed profit in the future without a doubt.

[$crypto$]

....
We don't know what type of trader you are so we assume that at the very least you would probably make a better return by just buying bitcoin and holding, because that is guaranteed profit in the future without a doubt.

So keep assuming that in every trade someone makes a different point of view, I know the strategy is done a lot with the few they have, including analysis and also in the premium signal they have, but I am confident that holding bitcoin for longer is much better. In the appeal of day trading, because everyone cannot do this it is too difficult for him.

Look what's happening now that bitcoin has hit $15k. Maybe this will continue and won't breakout anytime soon, keep your btc a guarantee in the future.