Is it still worth it to trade?

[Wintersoldier]

I wonder if someone still should get into trading Bitcoin at this point? There was a time with incredible aggresive swings so that daytrading was interesting, but now the movements appear but much slower. Is it still worth it to trade?

It is always worth to trade bitcoin. Ignore the votality and wait the target rate you planned to be hit by bitcoin, this would help you to make an effective trading. If you would just used to trade without making any target to be hitten by bitcoin, your trading would not be worth since your target profit aren't reached.

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[JeffBrad12]

Nope, you should all forget quick cash grab trades with bitcoin and go back to your ICOs and altcoins trading(scamming and getting scammed).

Did you never get into altcoin?  I think yes.

[batang_bitcoin]

I wonder if someone still should get into trading Bitcoin at this point? There was a time with incredible aggresive swings so that daytrading was interesting, but now the movements appear but much slower. Is it still worth it to trade?

It is always worth to trade bitcoin. Ignore the votality and wait the target rate you planned to be hit by bitcoin, this would help you to make an effective trading. If you would just used to trade without making any target to be hitten by bitcoin, your trading would not be worth since your target profit aren't reached.

Yeah trading is still worth it and profitable because if you are that type of trader that looks for a long term profit. You can do it with trading, depending on what makes you comfortable. If you are comfortable with buying and selling of bitcoins with your fiat go for it but it is better if you'll go also with alt coin trading, go buy some NEM now I can it's making a good scene.

[X-ray]

I dont think so .who knows in the future but as of now trading and some of the altcoins were dumping even i have a hard time for now to grow my investments still stake up, waiting and hoping if something happens .for now i think its much better to save bitcoins rather than to trade.

Don't you think that the dumping could give you profit if you can  take advantage of it? it's just doesn't make sense to get out of your trading activities while dumping occur and at the same time the dumping is actually part of the trading activities

[iv4n]

As long as the market continues to function as a free market, I think that volatility will always exist, and this will probably always bring the possibility to anyone who wants to trade. I think the only limitations that may exist will depend on yourself. First you need to accumulate capital and learn about the market, and that depends on your effort.

Back to basics, or with other words "only limitations that may exist will depend on yourself". Bottom line is that with current price oscillations there is a lot of space for trading. Market can be free, or controlled in ether way trading depends from how clever you are for picking right moment for buying/selling. Like in gambling people should trade responsible and to never to risk all the money.

[grandy]

I wonder if someone still should get into trading Bitcoin at this point? There was a time with incredible aggresive swings so that daytrading was interesting, but now the movements appear but much slower. Is it still worth it to trade?

It is always worth to trade bitcoin. Ignore the votality and wait the target rate you planned to be hit by bitcoin, this would help you to make an effective trading. If you would just used to trade without making any target to be hitten by bitcoin, your trading would not be worth since your target profit aren't reached.

yes planing is too much important in trading. if you are a good you will do planing for it and will make a strategy. i think it is still good time to invest your money  in bitcoin, because people are expecting that the price of bitcoin will cross 1200 USD in next few days. and then will continue increasing. therefore it is still good time to invest in bitcoin.

[eternalgloom]

I wonder if someone still should get into trading Bitcoin at this point? There was a time with incredible aggresive swings so that daytrading was interesting, but now the movements appear but much slower. Is it still worth it to trade?

It is always worth to trade bitcoin. Ignore the votality and wait the target rate you planned to be hit by bitcoin, this would help you to make an effective trading. If you would just used to trade without making any target to be hitten by bitcoin, your trading would not be worth since your target profit aren't reached.

Well yeah, if you're only looking for long term profits.
But volatility is kinda needed for day trading, which is probably what OP was talking about, looking at the context of his post.

That said, the last few months there has been a lot of volatility, certainly enough for day trading.

[bitbob82]

I wonder if someone still should get into trading Bitcoin at this point? There was a time with incredible aggresive swings so that daytrading was interesting, but now the movements appear but much slower. Is it still worth it to trade?

It is always worth to trade bitcoin. Ignore the votality and wait the target rate you planned to be hit by bitcoin, this would help you to make an effective trading. If you would just used to trade without making any target to be hitten by bitcoin, your trading would not be worth since your target profit aren't reached.

Well yeah, if you're only looking for long term profits.
But volatility is kinda needed for day trading, which is probably what OP was talking about, looking at the context of his post.

That said, the last few months there has been a lot of volatility, certainly enough for day trading.

day trading is difficult i think for day trading you need to have good experience in day trading. other wise day trading is very risky. i think if a person invest their money for long term investment the it is more safe as compare to day trading.

[JeffBrad12]

I wonder if someone still should get into trading Bitcoin at this point? There was a time with incredible aggresive swings so that daytrading was interesting, but now the movements appear but much slower. Is it still worth it to trade?

It is always worth to trade bitcoin. Ignore the votality and wait the target rate you planned to be hit by bitcoin, this would help you to make an effective trading. If you would just used to trade without making any target to be hitten by bitcoin, your trading would not be worth since your target profit aren't reached.

Well yeah, if you're only looking for long term profits.
But volatility is kinda needed for day trading, which is probably what OP was talking about, looking at the context of his post.

That said, the last few months there has been a lot of volatility, certainly enough for day trading.

day trading is difficult i think for day trading you need to have good experience in day trading. other wise day trading is very risky. i think if a person invest their money for long term investment the it is more safe as compare to day trading.

No, I don't need good experience bu I just need good volatility on the market movement and I can analyse it. Trading does not really have a risk comparing with the other method such as gambling. trading is a good job.

[aardvark15]

I think it is worth it as long as you can make some profit. You don't necessarily have to spend a lot of time trading and even if you make a small profit, that Bitcoin could be worth a lot more later.

[StarofBTC]

You don't necessarily have to spend a lot of time trading and even if you make a small profit, that Bitcoin could be worth a lot more later.

Small profits but for future bitcoin prices ? I guess many traders are into bitcoin with that kind of motivation alone. They will save all their profits hence they are just using trading as a way to collect bitcoins instead of faucets.

I am sure many people are still using bitcoin faucets by considering future bitcoin prices. When bitcoin will be worth, trading it for small profits also will be worthier.

[Wind_FURY]

I think it is worth it as long as you can make some profit. You don't necessarily have to spend a lot of time trading and even if you make a small profit, that Bitcoin could be worth a lot more later.

Correct. As long as you can make profit. This is the first honest answer I have read in this thread. The problem with trading is in order to have a winner there always has to be a loser. We the amateurs have always done the losing. What we should be doing is to be honest with ourselves and the community. No more lies.

[DoublerHunter]

Yes is still worth it to trade because you can see now that the price of bitcoin is very high and volatile at the same time so that is why trading is still worth it to give a try. Trading also gives a great opportunity to multiply or grow your bitcoin in a slow-faster way because as what i said a while ago, Markets are very volatile to its price and that is what a traders like.

[FLoving]

Nope, you should all forget quick cash grab trades with bitcoin and go back to your ICOs and altcoins trading(scamming and getting scammed).

Did you never get into altcoin?  I think yes.

I have participated in a number of ICO and I have not lost in that but in the beginning only with a single investment and after that I do not invest in doubtful ICOs which do not have any escrow. In that way you will not lose your money and I am in bitcoin trade from the beginning and do not lose my money.

[Zadicar]

Nope, you should all forget quick cash grab trades with bitcoin and go back to your ICOs and altcoins trading(scamming and getting scammed).

Did you never get into altcoin?  I think yes.

I have participated in a number of ICO and I have not lost in that but in the beginning only with a single investment and after that I do not invest in doubtful ICOs which do not have any escrow. In that way you will not lose your money and I am in bitcoin trade from the beginning and do not lose my money.

If i were to choose i would really trade up bitcoin rather than on altcoin it may not give big profits but we could able to say that bitcoin is really stable compared to alts.Profits would depend on the volatility and alts do really high volatile to bitcoin.It depends on how good you are on trading alts or either on bitcoin.

[gabmen]

Nope, you should all forget quick cash grab trades with bitcoin and go back to your ICOs and altcoins trading(scamming and getting scammed).

Did you never get into altcoin?  I think yes.

I have participated in a number of ICO and I have not lost in that but in the beginning only with a single investment and after that I do not invest in doubtful ICOs which do not have any escrow. In that way you will not lose your money and I am in bitcoin trade from the beginning and do not lose my money.

If i were to choose i would really trade up bitcoin rather than on altcoin it may not give big profits but we could able to say that bitcoin is really stable compared to alts.Profits would depend on the volatility and alts do really high volatile to bitcoin.It depends on how good you are on trading alts or either on bitcoin.

Well for me i try to check the history of any alt coins i would consider trading. Alts like etherium and dubai coin are pretty much the same as bitcoin if you're talking about stability. It just needs a little reasearch and i think trading alts would be more profitable. Well that's for short term though. Still would prefer btc if its long term trading and investing

[Wind_FURY]

Yes is still worth it to trade because you can see now that the price of bitcoin is very high and volatile at the same time so that is why trading is still worth it to give a try. Trading also gives a great opportunity to multiply or grow your bitcoin in a slow-faster way because as what i said a while ago, Markets are very volatile to its price and that is what a traders like.

Can you tell us how fruitful trading cryptocurrencies is for you? I know you can easily say yes in the forum because that is what most people will say. The problem is to how to prove that you are a winning trader, making trading worth it for you.

I know stastically that there is a 90% chance that you are a losing trader. So how can you really say that trading is worth it if you are really a losing trader?

[bravehearth0319]

I think bitcoin will always worth to trade. I remember when bitcoin price about $300 - $400 and always rising until now, yes i know there is some dump from $1k+ to around $900 but thats normal and if we looking into general price actually rising up.  From that experience i still believe bitcoin will much higher next time.

Your and thought and thinking was totally right, Trading is the heart of this bitcoin industry, I don't know if everybody will agree to me but this is what I really felt about it. And trading is is very profitable to me also to my everyday life. Also it is the life of the traders too,

[daringdiscovered]

Nope, you should all forget quick cash grab trades with bitcoin and go back to your ICOs and altcoins trading(scamming and getting scammed).

Did you never get into altcoin?  I think yes.

I have participated in a number of ICO and I have not lost in that but in the beginning only with a single investment and after that I do not invest in doubtful ICOs which do not have any escrow. In that way you will not lose your money and I am in bitcoin trade from the beginning and do not lose my money.

If i were to choose i would really trade up bitcoin rather than on altcoin it may not give big profits but we could able to say that bitcoin is really stable compared to alts.Profits would depend on the volatility and alts do really high volatile to bitcoin.It depends on how good you are on trading alts or either on bitcoin.

Well for me i try to check the history of any alt coins i would consider trading. Alts like etherium and dubai coin are pretty much the same as bitcoin if you're talking about stability. It just needs a little reasearch and i think trading alts would be more profitable. Well that's for short term though. Still would prefer btc if its long term trading and investing

That is how i trade altcoins too. I check if there is a lot of traders buying and selling that kind of altcoin. If theres a big volume and good support from its devs. I buy that altcoin and trade it for short term. If that altcoin begins to die or only few people are doing trade on it, i stop trading that altcoin and find others who has a big volume. I just repeat that cycle and my trading goes well.

[machinek20]

As long as there is a swing, no matter how small it is, there is always a chance for making profit and some of them making trading as their main job, and if bitcoin swing too slow then moved to alt coin where the swing movement is bigger