How well do you understand Bitcoin Investment?

[Vickyrichy]

For the past months now, I have been studying and monitoring the Bitcoin trading market. I realized that, Bitcoin investment shouldn't necessarily be a long-term one (you buy bitcoin and hold it till the price double or triple). It is very possible to make about 0.35 to 1% of profit on an average within two to three hours if you carefully study or monitor and understand the trading trends. If you agree with me, share your thoughts on this. If you also disagree, i will appreciate your reasons and thoughts....

[pooya87]

if you think you can make more profit by day trading bitcoin then by all means go for it, it certainly is possible. but you should first know the risks of doing so. it is not always about what you can or can not do, it is about what is the most convenient way with least amount of risk but  highest reward.
the risk of day trading is not just the volatility and the fact that price can go suddenly in your opposite direction, that is obvious. the less obvious risk that people usually miss although they know it is the fact that you are trading on online exchanges which are known to the very unsafe. your account can get hacked at any moment, the exchange itself can close your account, scam you, run away,... and you can go to zero in a blinking of an eye.

[chikading2016]

For the past months now, I have been studying and monitoring the Bitcoin trading market. I realized that, Bitcoin investment shouldn't necessarily be a long-term one (you buy bitcoin and hold it till the price double or triple). It is very possible to make about 0.35 to 1% of profit on an average within two to three hours if you carefully study or monitor and understand the trading trends. If you agree with me, share your thoughts on this. If you also disagree, i will appreciate your reasons and thoughts....

I think bitcoin investment is a game of patience, bitcoin is really amazing but if we dont have patience we are nothing but a second rate trying hard copy cat. E need to become prudent because bitcoin investment is really unpredictable. And we can also loss a profit on it.

[reactorjuno]

If the trend is down, then of course you'll make more money by trading rather than holding   and the trend has been down since the start of the year.
BUT you need to be a skilled and experienced trader.
The more important is how you manage your emotions. IF you are good enough to see clearly the trend in the next 30 minutes, 60 minutes, or 24 hours, then stick to your money management rules at all times.

Basic example: you estimate that you are able to detect a trend with a 60% chance of success (40% of failure), then go for:
- profit = 2
- loss = 1

Always set your stop loss price, so that in the end you lose less than the potential profit your choose.
profit = 2, loss = 1 is a great choice as even with a 50% success you'll win more than you lose.

There are millions of reasons why even the best traders do not always stick to strict management rules (emotions...).
 

[spazie]

I really agree with you, indeed investing in bitcoin does not have to endure for a long time, because the rise and fall of bitcoin prices cannot be predicted correctly, in my opinion if the price is high you should sell it quickly.

[bling-bling]

I am not an expert in crypto investment or the crypto system as a whole. But I do know the basics which is good enough for anyone to start his crypto journey. All of the in-depth information and technical aspects will come naturally as we move forward with our crypto venture.

[Kenthunan_rondo]

Yes, I agree, we invest must always monitor market prices because bitcoin prices cannot be predicted easily, we must have a strategy to sell them so that we can make a profit, so we do not have to invest in the long term.

[Indrawan77]

Yeah, if you are a great trader then you can make a lot of profit within hours, but you also can lose your money in split second, short term is certainly not for beginner because the risk is too big, for the beginner long term is more suitable because it doesn't need to complicated trading analysis and the risk is also not too big

[Pursuer]

just remember than just because you saw the possibility of making profit, or even if you made profit once or twice it doesn't mean it is easy or even possible at times to make this kind of profit consistently. specially in a market that is unpredictable sometimes.

for example right now it seems we are on the rise but we still have a big unpredictable event ahead of us called ETF and that can change the direction both before its event and after it and there is no way of knowing how.

[davis196]

For the past months now, I have been studying and monitoring the Bitcoin trading market. I realized that, Bitcoin investment shouldn't necessarily be a long-term one (you buy bitcoin and hold it till the price double or triple). It is very possible to make about 0.35 to 1% of profit on an average within two to three hours if you carefully study or monitor and understand the trading trends. If you agree with me, share your thoughts on this. If you also disagree, i will appreciate your reasons and thoughts....

Do you think that most of the crypto investors want 0.35 to 1% profits?
They are way more greedy and the risk involved with crypto trading is way bigger.By the way,there is a big difference between trading and investing.If you buy bitcoin and sell it after 3 hours to make 1% profit,this is trading.If you buy it and wait for 2 years when the btc price doubles,this is investing.

[Kakmakr]

I disagree. I bought bitcoins when the price was between $300 and $400 and I waited for a couple of years and then the price increased to $19000. This gave me a profit of over 800%, which is unrivaled in any other Commodity. Bitcoin was the Best Performing Currency/Commodity in 2016 and 2017, so it would have been wise to invest for 2 or 3 years, before you consider selling. People who are day trading bitcoins, might end up losing more money, than the person that bought bitcoins and simply hoarded it for years.

In my opinion, Bitcoin is definitely a Long-term investment.    

[doodle07]

I'm on the point where I am already connecting the dots, earning more knowledge and making an effort to understand the flow in bitcoin investment. Learning and reading is my best way to excel so I am giving my hundred percent to succeed and earn bitcoins. It's all about patience for me and the will to take all the risks in bitcoin investment.

[Ava Duvall]

just remember than just because you saw the possibility of making profit, or even if you made profit once or twice it doesn't mean it is easy or even possible at times to make this kind of profit consistently. specially in a market that is unpredictable sometimes.

for example right now it seems we are on the rise but we still have a big unpredictable event ahead of us called ETF and that can change the direction both before its event and after it and there is no way of knowing how.

I agree .It's important not to get to cocky, bitcoin takes time and patience and  fully analyzing the market. Since its so unpredictable, you always have to be one step ahead and have a firm plan.

[Piggymonster]

Bitcoin is still new and it is important to understand how bitcoin works before investing any money. There is no official price of bitcoin and the value increases at very fast pace and sometimes will have a downfall. You can earn money in bitcoin by buying it at a lower price and sell it when the price is high. It is just the matter of when is the right time to buy.

[alonelyorange]

I am only understand about how can increase bitcoin for investment is by looking when bitcoin have drop or lower price I will buy it, but when bitcoin have raised and have higher price I will sell all of it. so far I am still don’t know about h when and how to find bitcoin will growing or down.

[ralle14]

It's all about the timing because as what the others have said it could go the other way. I agree that Bitcoin shouldn't be necesarily be a long term investment it's only optional but I think many traders prefer the long term and mid term route because having to trade Bitcoin every few hours sounds more risky imo. A big capital is required for short term investments to become profitable which makes it more risky because your putting more and only earning a small % it can be a disastrous if you don't know what to do next.

[btc78]

For the past months now, I have been studying and monitoring the Bitcoin trading market. I realized that, Bitcoin investment shouldn't necessarily be a long-term one (you buy bitcoin and hold it till the price double or triple). It is very possible to make about 0.35 to 1% of profit on an average within two to three hours if you carefully study or monitor and understand the trading trends. If you agree with me, share your thoughts on this. If you also disagree, i will appreciate your reasons and thoughts....

I believe that these days trend has change and bitcoin now is one Good materials for daytrading because this is the only cryptocurrency that moves grow and down almost daily or the next day,upon my observation this top coin is the best crypto to use even long term and daytrade nowadays unless the market react as whole,not like now that only bitcoin grows some and most of altcoins are dropping

[Fanomoello]

lol, I agree with you buddy but I bought btc at 19k. So I'm just monitoring and crying
Trading btc is really easy, it just need patient

[rinimalo]

My thoughts are the same as yours, and I think that all the coins in the market are more suitable for short-term trading, even if we hold Bitcoin for a long time, then it may be no gain!

[ErikDavis548]

Just like a math problem, just solve it directly to understand the whole problem. And I think Bitcoin is the same. Invest in Bitcoin when you participate in it, there will be failures or successes and that knowledge will help you.