Trading Bitcoin at this moment is right?

[josephdd1]

For the long term run, I think trading now is probably a good move to do since the prices are still acclimatising to whatever 'normal' market conditions are.

[metribitcoin]

With alot of upcoming good news related Bitcoin and others crypto will make good impact with demand of crypto, so that mean in fundamental analysis tell us its now good times to buy Bitcoin, and from technical analysis Bitcoin also in the level support area.

[nur rochid]

With alot of upcoming good news related Bitcoin and others crypto will make good impact with demand of crypto, so that mean in fundamental analysis tell us its now good times to buy Bitcoin, and from technical analysis Bitcoin also in the level support area.

besides that many expect a price spike to occur at the end of the year. so this will affect psychological trader to buy bitcoin. moreover there is a lot of positive news about BTC, this can increase trader confidence

[Rashid555]

Trading is the job of Exchanges and if you want to do trading individually then you should wait now because may you sell at low price but if you have a variety of coins then you can trade some coins now bu if you wait you will sell at high price in the near future.

[Supercrypt]

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.

Another bullshit post I have seen today from the same person who calls himself a legendary member. What makes BTC not safe to keep in this scenario, and in fact if you are long term trader, this is a pretty good bargain to be getting in the market, while trying to place in some stop loss as the case may be.

The market right now may have been moving steadily, but that does not mean it is not safe to trade as long as you know what you are doing. Cashing out now when the market is hugely down is like the craziest thing I have ever heard in years and the most pathetic as well. As long as you know how to trade, this is a market moving sideways, and identifying the main support probably as a day trader, as well as resistance should help, and if you are a swing trader, I guess the best is just to wait for a break out before making any decision.

[legendbtc]

Still, it is very fair to trade the Bitcoin but mostly experience people should consider day trading the Bitcoin. For people who don't have experience better stay away from Bitcoin trading, you don't how the market is going to be and if you make any loos definitely you feel bad about the market.

[icecube45]

Yes, I agree with you. Doing bitcoin trading at this time in my opinion is also not right. That's because prices are still unstable so they won't be able to get big profits if trading at this time. Besides that, it will also be very difficult to get a profit, even though it can definitely get a small profit. I think it will be less than optimal so it will be better to wait until the fluctuations return to productive. So it's better to be patient first if you want to trade on bitcoin, or maybe with an alternative to trade in altcoins, but this is more risky.

[panjul07]

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.

Thats the problem of trading bitcoin-fiat, it is hard to make profit at the current market situation unless we have huge capital to start because the price movement is not really significant. So for low capital trader wont get good profit, it is now better to hold only and keep it for long term trade. If we are looking for daily/weekly profit, other coins with lower price but with good marketcap are better to trade.

[enwi]

I don't think so, if you have a good strategy and can read good opportunities then you will still be able to trade and get profit with current market conditions, it all depends on the strategy and knowledge you have about trading

[cunguks]

Trading bitcoin is always right. It's wrong only when bitcoin reach its peak like the last January. It's okay to sell, but not to buy at that time. As I told before, bitcoin is good for trading for or even later. The price keeps moving and we could make some profit from the volatility.

[KenChanYu]

Trading bitcoin is always right. It's wrong only when bitcoin reach its peak like the last January. It's okay to sell, but not to buy at that time. As I told before, bitcoin is good for trading for or even later. The price keeps moving and we could make some profit from the volatility.

  Bitcoin was grown bountifully in cryptocurrencies, but we have to be knowledgeable on making decisions individually. As the current market grown rapidly we can't sure how good to trade on bitcoin, for the security and capability on gaining reliable profits. But when we have enough capital to spend on trading and had an experience on bitcoin trading, maybe we can gain good profits as well.

[AlNu]

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.

I agree with you, if you need to trade, you must be in pairs with bitcoin and increase the number of bitcoins. I’m not good at trading, so I just bought and hold. Gradually buy bitcoin and eth on available funds.

[mace15]

I don't think so, if you have a good strategy and can read good opportunities then you will still be able to trade and get profit with current market conditions, it all depends on the strategy and knowledge you have about trading

The current status about the price has been volatille since the market condition were not reaching all time high. Well, at some point possibly to earn at least any good profit by having upto date in bitcoin prices when trading this time.

[Bitcotalk]

Bitcoin price is low now, it's not a good time to do regular trade with Bitcoin. It would be fine if you hold your bitcoin to the end of the year. I hope the end of the year we found bitcoin at a good price.
you can now buy more bitcoin at a cheap rate

Whether bitcoin is even low at this point or moving upwards in the next few minutes, trading bitcoin at any point in time is dependent on the knowledge you have to trade it.

Trading is not something that we can say come easy at any moment, because how easy it gets is dependent on your own level of knowledge as an individual. Sure, when a price is very low, it is a good chance to be getting in, but at the same time, there are a lot of things you will need to know about support level to be knowledgeable enough to know where you should be placing your stop loss.

[alan2here]

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.

Trading at this time will only cause you to lose more money because the market is still in downtrend and any investment is very risky at this time. Instead of buying Bitcoin, you should invest in other things as it is more stable and when the market recovers it will be a great time to invest in this market.

[rhomzkie26]

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

As of this of this moment its not the right time to trade, instead its a good chance to buy bitcoin then hold a for awhile. If you think the price get higher at more than 10% of your capital you can sell it if you want to get your profit. But this is just an example of strategy when you play in the platform.

[Marcel666]

The key factor is trading is volatility, in bearish or bullish market as long as there is healthy volatility then there is a profit window.
Skill of course is necessary for a trader and without basic market analysis one can not trade efficiently in any market.

[shanghai]

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

In my opinion, it is accurate and timely when Bitcoin is falling and the price is likely to be very long. So taking the opportunity is the best condition for us. I believe investors are buying Bitcoin for long term storage.

[longmany]

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

trade-you need to always, just need to leave part of the "Deposit" in the crypt, for sale at a higher price , but do not forget to buy during the fall, we call it the plum, this time it is necessary to catch and buy )

[begau]

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

With the feel of each person and you take advantage of the opportunity or not will say anything. According to me at any time can trade and get rich from the crypto market if it is the most neccesary and potential.