yemole (OP)
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November 17, 2017, 07:13:59 AM |
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Bitcoin seems to be on the rise lately. I'm wondering what might be the best way to maximise profits. Any suggestions?
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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steadyrice
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November 17, 2017, 08:58:01 AM |
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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.
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mondobitcoin
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November 17, 2017, 02:00:33 PM |
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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  |
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Kizaki
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November 17, 2017, 02:05:47 PM |
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Bitcoin seems to be on the rise lately. I'm wondering what might be the best way to maximise profits. Any suggestions?
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. |
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Slow death
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November 17, 2017, 02:20:28 PM |
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Bitcoin seems to be on the rise lately.
reached $ 8000, with so much good news the price can increase a lot
I'm wondering what might be the best way to maximise profits. Any suggestions?
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 $8000 |
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Red-Apple
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November 17, 2017, 02:59:03 PM |
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if you are familiar with margin trading,... you can always short altcoins that are dropping hard during the bitcoin rise and enjoy the profit you gain. and then any profit that you make you can invest in bitcoin so you have more bitcoin before the new record is set and new ATH is reached. that way you have more profit than just buying bitcoin directly.
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creatine413
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November 17, 2017, 03:01:41 PM |
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It would be difficult to get to ride the rising rates of bitcoin since the price is actually high. However you might want to try waiting for a dip since that happens in markets nowadays
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rainangel7
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November 17, 2017, 03:06:20 PM |
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Bitcoin seems to be on the rise lately. I'm wondering what might be the best way to maximise profits. Any suggestions?
It was good to buy when it dropped at 5900$ |
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no0dlepunk
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November 17, 2017, 03:12:15 PM |
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Bitcoin seems to be on the rise lately. I'm wondering what might be the best way to maximise profits. Any suggestions?
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 $500,000. That is the safest way to maximize your profits. Also, you may want to research on ICOs such as Angel Tokens. This can give you huge profits in a short span of time. |
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bamboylee
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November 17, 2017, 03:24:47 PM |
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Bitcoin price is about to peak, if you want to make profit, you can try to short it when you noticed that it is about to make a correction. Then buy back again. It is the only way I can think that can maximize your profit from what you have except from holding long term.
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javadsalehi
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November 17, 2017, 03:41:18 PM |
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Bitcoin seems to be on the rise lately. I'm wondering what might be the best way to maximise profits. Any suggestions?
It was good to buy when it dropped at 5900$ 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 |
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o_e_l_e_o
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November 17, 2017, 04:34:58 PM |
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Bitcoin seems to be on the rise lately. I'm wondering what might be the best way to maximise profits. Any suggestions?
It was good to buy when it dropped at 5900$ 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. |
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lx001
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November 17, 2017, 04:41:09 PM |
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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.
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SONG GEET
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November 17, 2017, 04:45:09 PM |
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Bitcoin seems to be on the rise lately. I'm wondering what might be the best way to maximise profits. Any suggestions?
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. |
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krauzzer02
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November 17, 2017, 05:01:34 PM |
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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 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. |
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Svelto
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November 17, 2017, 05:17:49 PM |
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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.
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coolcountry
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November 17, 2017, 05:27:54 PM |
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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.
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GreenBits
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November 17, 2017, 07:13:20 PM |
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Bitcoin seems to be on the rise lately. I'm wondering what might be the best way to maximise profits. Any suggestions?
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? |
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dillo666
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November 17, 2017, 07:17:51 PM |
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We should wait till the price dropped to 6000$ and from there strong Buy.
Hold it for next move till End December 2017.
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mrayazgul
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November 17, 2017, 07:29:49 PM |
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Bitcoin seems to be on the rise lately. I'm wondering what might be the best way to maximise profits. Any suggestions?
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. |
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