Trading Bitcoin at this moment is right?

[kingvirtus09]

I'm a position trader Bitcoin significantly going sideways and i have no reason to make a position this few days- Waiting for breakout to get in. This is just my two satoshis guys coz i'm a trader also.

[gilangIDR]

I feel trading at this moment is not right and waiting is better

Now Crypto market down so you can buy any coin very cheap price and also star trade but control your mind fast, But you can grow your asset for short time trade so this best time for growing your asset. But its impossible for newbie trader so first learn and then start trade hope you will be success.

Yes, this can be said as an opportunity because the price of bitcoin is decreasing so we can buy bitcoin in a cheap price range. Then we have to wait and be patient until the pump price occurs. This is indeed the thing that trains our level of patience, so we must be able to make the best possible decision. Don't lose good momentum because we all certainly want the best results too.

[domarakooth]

I feel trading at this moment is not right and waiting is better

What kind of trade do you want to do ?. Is it day trade or long term trade ?. If you're going to do a day then stay away since bitcoin is not increasing now days instead of increase its falling down. Why not chose alt coins for trade ?.

[Frobeek]

I feel trading at this moment is not right and waiting is better

If you are one of the traders who do day trade, I think you are suitable for this question. Because, as day trader for them they can do the actual trading in any exchange platform. they don't care whether it is bearish or bullish season, it is due to that they knew to themselves whatever happens they could get profit 100%.

Yeah it is right; the price is quite good for new investors and for traders. New investors will put their money in bitcoin and smart traders can make big money even in this bearish situation of the market. For good and effective trading you must know the techniques and strategies of crypto trading. Without competitive experience and skills you may not be able to make money.

[hahay]

Even though the market looks stable, but if you can utilize well, then I'm sure you can still benefit from the trading that you do, because I still see price movements happening and I know the market movements are not so big, but if you can trade it carefully and always pay attention to market movements, I'm sure little by little the profits you get every day or week, then that includes good profits too.

[pankowri]

Of course trading in btc at the moment is right decision because if investors avoid trading in btc so how can it rise again.So everyone should keep believe that btc will arrive successfully and we must try to do this.

[jjohnathn]

I feel trading at this moment is not right and waiting is better

I have good experience with alt trade and its gives me smart profit. I know the profit isn't enough but its better than losing anything especially money.

[SoiledDove]

It all depends on the individual. Everyone has a different approach. For you, this may be absolutely the right time. For others it might not me. We all have different parameters of judgement. For some it could be the market situation. For others it could be the performance of the commodity. For others it could even be their mood. Whatever time feels right for you is the right time. That's how it is for me anyway. Best of luck to you, whenever you decide to trade.

[Cofee.BLUE]

I feel trading at this moment is not right and waiting is better

Well if you just bought bitcoin recently with a high price most probably at $6000 above it is not advisable to trade. But for those who already gained their profit for bitcoin, yes it is the right time to use your profit and buy some altcoin in which you think are going to pump when the bull runs in, because most of the altcoin are bitcoin price dependent.

[MuhNofa]

yes i agree with you. Tranding Bitcoin is not good for current conditions, I would suggest to buy bitcoin at this low enough price and hold it back for profit someday. because many bitcoin issues will rise later this year, but this is only an issue. but I believe in bitcoin if he doesn't go up later this year it will definitely increase in the future, just waiting for time.

[yanto@1977]

I feel trading at this moment is not right and waiting is better

You're right and wait is the best option we have, down trend still running and trading will make our money stuck, even in bitcoin/ eth. Many people will not agree with you because they believe deep price is good moment to start but market condition can support that method. I suggest you to try find another way ( trade/ invest ) out side crypto market, this is for your own safety asset and increase your skill in different field.

[lablab03]

I feel trading at this moment is not right and waiting is better

on this situation probably doing day trading is a good idea pal, especially if you want to gain quick profits like what other doing.  But it requires a lot of efforts and best strategies to prevent losses , because the movement of bitcoin nowadays is so difficult to determine because of the volatility , so before jumping and risking money  ensured first that you can avoid such issues to prevent regrets.

[miningguru]

Yes, there is a possibility for day traders to make some decent profit but for people who don't have much experience should stay away from the Bitcoin trading. People who don't have experience will buy and hold the Bitcoin until the price of coin increases more than what you invest there.

[3x2]

I dont have much experience but what my instincts says is that right now BTC is not safe to keep. If i was you i would had cashed it out.

[upsidedown75]

I feel trading at this moment is not right and waiting is better

Now Crypto market down so you can buy any coin very cheap price and also star trade but control your mind fast, But you can grow your asset for short time trade so this best time for growing your asset. But its impossible for newbie trader so first learn and then start trade hope you will be success.

"Trading"? Well trading bitcoin is always right, the price has always gone up and down, even while going down from all the way from 20k to 6k you can see that it never really went down directly and always went up a tick and dropped, if you know how to do day trading you could have made insane profits even while bitcoin was dropping from 20k to 6k.

However that is never the hope is it? You do not want to trade something thats on the way down, you want to trade it while its around the same prices a bit and changes couple percent every hour so you can trade. Well if something is going up than you can just "invest" into it and wait until it reaches the peak, so if you are asking the perfect time for trading bitcoin, it is right now. When going down it hurts you, when its going up you can wait, its when its standing still you want to trade it.

[millensharon8]

Yes, there is a possibility for day traders to make some decent profit but for people who don't have much experience should stay away from the Bitcoin trading. People who don't have experience will buy and hold the Bitcoin until the price of coin increases more than what you invest there.

Sure, for most day traders, a market moving sideways is always a very good moment to make some bucks most of the time, and once they get to see huge volatility set back in, they just have to change strategy in most cases, while identifying the major lines of support and resistance.

At this moment depending on your style of trading actually, I would not say it is the best time or not, but that would depend on your own knowledge to maximize the potential and opportunity the market brings at every point in time, without forgetting that there is always still a chance for things to turn negative, which is why stop loss is always important.

[Ains_sama]

I think otherwise, this is a good time to go back to trading, because I have returned to trading from a few weeks ago. and my trade is in altcoins. I think now the price has stabilized. some coins can be predicted through lines, patterns, and movements.

[Adriano2010]

If you trade daily you can still get some profits, and choose some good coins, also if you trade bitcoin and only bitcoin you can still do some profit but i think not daily, because maybe not get enough profit to cash out bitcoin to fiat and buy again with fiat, maybe weekly or if you have a big bank to buy more bitcoins you can still make profit.

[sadirmrida]

Not only bitcoin but also many coin lost their price.  Experts suggest that end of this year bitcoin reach to good price. So you should hold bitcoin.  Bitcoin is popular coin all of them. 

[Zadicar]

I feel trading at this moment is not right and waiting is better

You should wait for the bull run to start, we are not yet there because we are just in a bear market.

You can start trading it if you do have a big capital and you do know how to manage such loses because newbies in trading won't take too long before they got burned all of their money. I suggest to learn the basics and research more about of trading, by doing this you could save more money than to burn it on trading platform without even a certain knowledge whether you could survive or not.