How do you interpret the fluctuation of Bitcoin price ?

[bitgolden]

Long-term or short-term both provide benefits. Just adjust whichever is right for you.
If you are fit for the long term by buying gradually it will be a good opportunity for you and can enjoy the benefits when the target has been reached.

But for those traders who make short-term investments, there will be benefits to be gained from every price fluctuation that occurs.
Scalping, Swing trading, and other methods can be used to make quick profits, but this requires expertise in technical and fundamental analysis and psychological readiness to monitor the market at all times.

Short term is harder to handle though. Sure it does bring you profit if you know what you are doing, but it is a lot harder to make money from that and I would advise against it. On the other hand if we are talking about long term then you literally do nothing.

I personally believe that if you are a newbie then you should go for long term at first, while your money is in bitcoin, hold it there, and start learning about short term trading. Overtime you can withdraw some of that long term money, but I mean like 10%, and then test out trading, if you are doing great then you can put more money into it, if you are not doing great then wait it out and get more money for trading again, do this until you are better.

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[Smartprofit]

History teaches us that bitcoin can be bought at any current price - after some time this investment will definitely bring profit. 

However, this profit in dollar terms can be significantly increased by buying the first cryptocurrency at local lows, and not at local highs.  Bitcoin very often gives us such chances.  In fact, these are excellent opportunities to buy more bitcoins and therefore become richer. 

Now, in my opinion, is a good time to buy bitcoins.  So far, the price cannot exceed the psychologically significant mark of $30,000. 

By the way, the average purchase price of MicroStrategy bitcoins is approximately $30,000. 

I would assume that all Bitcoin purchases below $30,000 will generate good returns going forward.

[nullama]

History teaches us that bitcoin can be bought at any current price - after some time this investment will definitely bring profit. 

However, this profit in dollar terms can be significantly increased by buying the first cryptocurrency at local lows, and not at local highs.  Bitcoin very often gives us such chances.  In fact, these are excellent opportunities to buy more bitcoins and therefore become richer. 

Now, in my opinion, is a good time to buy bitcoins.  So far, the price cannot exceed the psychologically significant mark of $30,000. 

By the way, the average purchase price of MicroStrategy bitcoins is approximately $30,000. 

I would assume that all Bitcoin purchases below $30,000 will generate good returns going forward.

MicroStrategy is buying bitcoins no matter what.

El Salvador is buying bitcoins no matter what.

That seems to be a great way to accumulate Bitcoin in the long term.

[StarKay]

Bitcoin price has dropped below $20k from the recent high of $25k in mid February. Personally I have no problem with this fluctuation because compared to altcoins and taking the bear market into consideration, Bitcoin is still reliable and the volatility is pretty reasonable. For new potential investors, is this still a good time to invest in Bitcoin ? What do you think of the recent drop of Bitcoin price ? Please share your views.

Investors can buy Bitcoin at any price without being worried because in the long run Bitcoin is bullish, the people that worries much about price are the traders. Traders see bitcoin as a profitable business while investors see bitcoin as a vital asset.

[taufik123]

Short term is harder to handle though. Sure it does bring you profit if you know what you are doing, but it is a lot harder to make money from that and I would advise against it. On the other hand if we are talking about long term then you literally do nothing.

The short term is certainly difficult for beginners who do not know how the market works and do not know the trading knowledge they should master.
Difficult or not depends on how one can learn the science of trading well. Difficult and Easy is Relative, some prefer to do short-term trading because they master it and some do long-term because it does not require more detailed analysis.

I personally believe that if you are a newbie then you should go for long term at first, while your money is in bitcoin, hold it there, and start learning about short-term trading. Overtime you can withdraw some of that long-term money, but I mean like 10%, and then test out trading, if you are doing great then you can put more money into it, if you are not doing great then wait it out and get more money for trading again, do this until you are better.

Long-term for a beginner does look easier, but you also need to know that long-term will also pose a psychological risk.
If beginners cannot handle it and the money they invest for the long term is still needed for other purposes, then when the price is still falling they will cutloss, which is even very detrimental. If you intend to do long-term, you must be ready with the money used.

Some testing is necessary, in order to find where you are suitable for trading.
Determine money management well and don't panic about everything. Short-term should be ready with the spare money and long-term do with DCA.

[FireDAOJackie_Z]

Short term is harder to handle though. Sure it does bring you profit if you know what you are doing, but it is a lot harder to make money from that and I would advise against it. On the other hand if we are talking about long term then you literally do nothing.

The short term is certainly difficult for beginners who do not know how the market works and do not know the trading knowledge they should master.
Difficult or not depends on how one can learn the science of trading well. Difficult and Easy is Relative, some prefer to do short-term trading because they master it and some do long-term because it does not require more detailed analysis.

I personally believe that if you are a newbie then you should go for long term at first, while your money is in bitcoin, hold it there, and start learning about short-term trading. Overtime you can withdraw some of that long-term money, but I mean like 10%, and then test out trading, if you are doing great then you can put more money into it, if you are not doing great then wait it out and get more money for trading again, do this until you are better.

Long-term for a beginner does look easier, but you also need to know that long-term will also pose a psychological risk.
If beginners cannot handle it and the money they invest for the long term is still needed for other purposes, then when the price is still falling they will cutloss, which is even very detrimental. If you intend to do long-term, you must be ready with the money used.

Some testing is necessary, in order to find where you are suitable for trading.
Determine money management well and don't panic about everything. Short-term should be ready with the spare money and long-term do with DCA.

Indeed. Long-term needs psychological power to deal with price fluctuation. Recently I invested in the new altcoin ARB when the price was reaching $1.27. In the beginning, everything was great, the price going up and everyone was happy. These days the ARB price (also Bitcoin price and others') is keeping going down and technically I lost money. However, I did not sell them and chose to keep. I have to make this investment as a long term because selling at this point is an absolute loss but if I wait patiently until the next bull run, I will probably make money. Anyway, even if the price never recovers, I will be fine. That's the money I can afford to lose.

[nullama]

I consider it as consolidation points to get more BTC

Well, the thing is that it's always a good time to get more BTC.

Until you need money for something interesting, like real estate, or any other valuable asset.

Selling BTC for fiat only to keep it makes little sense to me.