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Author Topic: Short term investment  (Read 2966 times)
Almat
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October 20, 2017, 09:02:45 AM
 #121

Investing in bitcoin you can do in the long term is also short term, it depends on the needs and what percentage of profit you want, because if you just want to invest in the short term you will not get big profits but it can do on bitcoin.

You could actually get big profits. We were at $3k around a month ago and was able to climb to $5.8k a few days ago. If you had bought at that dip and sold at that height, you could have easily doubled your money.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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October 23, 2017, 11:40:34 PM
 #122

Easy to reading the past, but no one knows what will happen in the future, even just for next 3 months we do not know if bitcoin value is higher than today. For me, motivation invest in bitcoin is longterm.
Many people think they are good traders just because they can see that in chart of the previous months they can tell where it was a good moment to invest, but anyone can do that, the most difficult part of being a trader is to take instantaneous decisions when it counts when things are not as clear and if you do not take a fast decision you may lose hundreds of dollars, that is what separates good traders from the bad traders.
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October 24, 2017, 03:59:00 AM
 #123

Investing in bitcoin you can do in the long term is also short term, it depends on the needs and what percentage of profit you want, because if you just want to invest in the short term you will not get big profits but it can do on bitcoin.

You could actually get big profits. We were at $3k around a month ago and was able to climb to $5.8k a few days ago. If you had bought at that dip and sold at that height, you could have easily doubled your money.

Don't think always prices will move only one direction. How it went up similarly prices can down even faster so invest wisely.
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