tbterryboy
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February 11, 2024, 05:50:53 PM |
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I don't trade Bitcoin in the short term, only buy when the price DIPs to add assets and increase profits when the price starts to rise. Besides, my Bitcoin target is still quite far away, it hasn't touched the final ATH yet. It should at least touch a new ATH in the $100k price area and I will wait for that price, while waiting to buy gradually. Short-term trading is only for potential altcoins with high volume and volatility.
A final All-Time-High may only happen once all Bitcoin's supply have been mined and you are right that it was still far away. We may not even be here anymore when it happens, so I wouldn't wait for that. However, if you are also deciding to sell at $100k, I think you won't be waiting for too long, since many expects that it will happen later this year. We can be wrong with that though but if not this year, it may occur for real next year or two. That won't still be a long wait I guess? Especially if you don't focus too much on it. Short-term trading on the other hand are not only for those coins but also for those people who are skilful enough.
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Tomcolor
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February 11, 2024, 05:56:28 PM |
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I have lost a lot of money trading such excitement so in my opinion bitcoin investment is the best ever and bitcoin is the best as it promises to return profits. Trading can frustrate you if you are brand new to it. But in most cases bitcoin investors get good profits by holding. According to me you can buy bitcoin before bullish and fill potek and get good profit.
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Huppercase
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February 11, 2024, 06:33:05 PM |
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Having Bitcoin at this time is a very big achievement for anyone who has it now, but as everyone one may know no condition is permanent in the market you may have the up and downs loss and profit depending on how you strategically plan your personal business. Now I observed that Bitcoin is like a gamble of football game whereby you go to the bet shop book your bet and wait for what will come sometimes you win sometimes fear can make you cash out after your cash out you may be lucky and sometimes you might lose something you would have gotten if you had waited.
It's wrong to make this kind of analogy on Bitcoin. Bitcoin involves risk but please Bitcoin is not related to gambling. When you gamble, you either win or loss but most likely you will even lose but trading Bitcoin is different, you either make profit or you make loss but the profit is guaranteed if you have patience and the loss can be minimal in the sense that even if you make loss, it's going to be unrealized loss which meams that you have the chance to hold until price comes back to gain the money you have loss, the key thing here is patience. Same to Bitcoin patience matters alot you may sometimes sell your Bitcoin because of fear of depreciation in value exchange while some still hold on to it I just discovered that Bitcoin most times depreciates in day time but when it gets to late hours at night it increases its exchange value I don't know if anyone has this observation as well
This assumption is also wrong, you can't trade like this for long time. This your observation might be true but it can only be for sometimes, when the metrics changes, that thing you are looking as afternoon dump and night pump will reverse and you will be caught in between the devils claws. So for me in this situation you can buy your Bitcoin at day time and trade it at night when it adds But it is very important to watch at it carefully.
There is no special time to buy bitcoin if you understand the market, you can literally but bitcoin when everyone is sleeping and sell in the afternoon because you are the one that think people are sleeping, bitcoin is global and because your country is in the night doesn't mean others are in the night, there is time variance between countries.
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wxa7115
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February 14, 2024, 12:36:41 AM |
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Don’t trade your Bitcoins. Bitcoins aren’t for trading I would say. Don’t trade Bitcoins for other cheap altcoins. Bitcoins are very valuable and rare. The reason I am saying this is because, Bitcoins are limited in numbers. That is no more Bitcoins can be created or destroyed, hence it’s ideal to keep as many Bitcoins as we can. In my opinion Bitcoins are good for investment. Use USDT for trading and making profits.
If you know what you are doing, you can trade bitcoin and make more of it, something that an investor cannot do as even if the value of bitcoin in terms of fiat went up, you will still hold the same amount of bitcoin. However the number of people hoping to become traders which actually know what they are doing are very limited, which is why we often recommend people to become investors instead, since they will not only not get more coins during this process, but instead they will lose them.
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Vaculin
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February 14, 2024, 08:53:48 AM |
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I don't know what is the perfect time to trade as I trade depending on the market condition. But I often trade during weekends, day or night, anytime as long as I have enough time. Choose the time we think we are comfortable but we don't make this a factor that contributes to success in trading, it is our strategies. It doesn't matter if we trade during daytime or nighttime as long as we feel comfortable that time because there is no market pattern that shows this is the best time and this is not. If it finds working, then keep the momentum.
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Baki202
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February 14, 2024, 02:18:04 PM |
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Don’t trade your Bitcoins. Bitcoins aren’t for trading I would say. Don’t trade Bitcoins for other cheap altcoins. Bitcoins are very valuable and rare. The reason I am saying this is because, Bitcoins are limited in numbers. That is no more Bitcoins can be created or destroyed, hence it’s ideal to keep as many Bitcoins as we can. In my opinion Bitcoins are good for investment. Use USDT for trading and making profits.
there logics used for does that trade so if they decide to spot trade and get there profit then it is is not a bad idea at all, i don't think trading bitcoin for other altcoin are not important and i feel is a waste of money for some people but from the volumes and other records altcoins have given some people fortune and not just any how altcoin but good altcoin's like bnb eth, and others, since is not everybody that can afford a full bitcoin, and the profit is in the hands of the quantity, that i one of the reasons people are going for altcoin because the profit they will make. If you know what you are doing, you can trade bitcoin and make more of it, something that an investor cannot do as even if the value of bitcoin in terms of fiat went up, you will still hold the same amount of bitcoin.
However the number of people hoping to become traders which actually know what they are doing are very limited, which is why we often recommend people to become investors instead, since they will not only not get more coins during this process, but instead they will lose them.
Exactly I don't think I will be a fan of holding I will prefer to trade than to hold holding takes years to make money but when I do spot anytime I trade and I make profit we can go again even if it is risky we can set boundaries and leverages just to be on a safer side, its more better for me than waiting for ages for a bull run to pick up before I can make profit out of my investment. just very few people will invest in bitcoin why said so not everyone that have interest in bitcoin will succeed in it and that is why it is not for everyone so if your serious know what step to take.
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Mame89
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February 14, 2024, 09:08:42 PM |
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Personally, I don't trade Bitcoin in the short term because Bitcoin is not suitable for trading, but it is suitable for long-term investment. And there is no wrong time to invest in bitcoin, all times are the right time to buy bitcoin, especially when we are facing bitcoin halving, bitcoin's target reaches a new ATH, and this is still very far away. So don't waste the opportunity to make a profit by investing in bitcoin because bitcoin is predicted to touch a new ATH in the $100k price range. Now is a great time to buy bitcoin while continuing to use the DCA strategy. For the short term, I only trade altcoins that have fundamentals at least in the top 5 altcoins on CMC.
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redsun114
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February 16, 2024, 03:39:22 PM |
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Now I observed that Bitcoin is like a gamble of football game whereby you go to the bet shop book your bet and wait for what will come sometimes you win sometimes fear can make you cash out after your cash out you may be lucky and sometimes you might lose something you would have gotten if you had waited.
Sorry to say this, but your observation is way off and that is not how Bitcoin is. When you talk about a football game or any sports game where you make a bet, the game tends to get over in a very short time, mostly within 5 hours or so, and then you have the result that is either in your favour or against it, but when we talk about Bitcoin and investments in it, you don't get a result in a short period and even if the price goes down after you buy, it eventually goes up and you don't lose money as long as you are patient and holding. So, it depends on when you buy and whether you have enough patience so that you don't panic and sell your assets when you see the price going down just a little bit. It's definitely not like a sports bet where you don't have a choice of holding and stuff and the results are unchangeable.
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vs2014
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February 16, 2024, 05:30:17 PM |
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First of all we should know that bitcoin is not stable so its price can happen at any time. Patience is very important in Bitcoin because if the price drops a little and you lose patience and sell immediately you can lose a large part of the profit. Also the thing is if you feel more weak about trading then just create target from hold. Depending on your personal business plan plan your upside can be loss and profit. So if you are disappointed by the market situation you will be unsuccessful so try to catch the best time.
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hd49728
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February 18, 2024, 06:05:36 AM |
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Now I observed that Bitcoin is like a gamble of football game whereby you go to the bet shop book your bet and wait for what will come sometimes you win sometimes fear can make you cash out after your cash out you may be lucky and sometimes you might lose something you would have gotten if you had waited.
When people do something without due diligent research, without knowledge and plan, it's gambling. Bitcoin can be consider as gambling for you or anyone who buy Bitcoin with aforementioned 'withouts'. For other people who actually spent time to learn, digest information and built up their investment plan or trading plan, they are not gambling. They can succeed or fail with their plans but it's not gambling. So, it depends on when you buy and whether you have enough patience so that you don't panic and sell your assets when you see the price going down just a little bit. It's definitely not like a sports bet where you don't have a choice of holding and stuff and the results are unchangeable.
Consider Bitcoin as an investment asset, let's apply. "Being greedy when others are fearful and being fearful when others are greedy" as Warren Buffet advised us to do in in traditional investment. Patience is very important in Bitcoin because if the price drops a little and you lose patience and sell immediately you can lose a large part of the profit. Also the thing is if you feel more weak about trading then just create target from hold. Depending on your personal business plan plan your upside can be loss and profit. So if you are disappointed by the market situation you will be unsuccessful so try to catch the best time.
Patience is necessary for success in investment but it's not enough. It must come together with knowledge about market cycles from price to psychology. Without it, you can hold your bitcoins for like two years but will exit it before a next halving and next bull run. The psychology of market cycles![](https://ip.bitcointalk.org/?u=https%3A%2F%2Ffifthperson.com%2Fwp-content%2Fuploads%2F2016%2F01%2FPsychology-of-Market-Cycles.jpg&t=665&c=JPEAQkKMaIc4BQ)
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Sorryfor
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February 18, 2024, 06:50:23 AM |
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All trading carries a lot of risk. Before you trade you must know about its working methods. Knowing how it works is also very important in trading. Because if you trade in the wrong place and at the wrong time, you will lose your money. For this you learn about trade from experienced people or in any way And you trade that amount of money that you can lose And you might be a bit overwhelmed at first but be patient. I personally know many people who initially faced good amount of loss while trading but later got good knowledge and made big money from it. They even gave tours with this money.
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TheUltraElite
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So anyway, I applied as a merit source :)
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February 18, 2024, 07:57:41 AM |
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Having Bitcoin at this time is a very big achievement for anyone who has it now, but as everyone one may know no condition is permanent in the market you may have the up and downs loss and profit depending on how you strategically plan your personal business. What does bitcoin halving have to do with your personal business? Are you using bitcoin payments there? Now I observed that Bitcoin is like a gamble of football game whereby you go to the bet shop book your bet and wait for what will come sometimes you win sometimes fear can make you cash out after your cash out you may be lucky and sometimes you might lose something you would have gotten if you had waited.
Bitcoin is a currency, it is not a game. Trading bitcoin carries a risk of being somewhat similar to gambling but if you consider spot trading is it much less than gambling while non-spot trading methods like leverage, futures are pure gambling. Same to Bitcoin patience matters alot you may sometimes sell your Bitcoin because of fear of depreciation in value exchange while some still hold on to it I just discovered that Bitcoin most times depreciates in day time but when it gets to late hours at night it increases its exchange value I don't know if anyone has this observation as well You dont sleep when the entire world sleeps, you sleep when its night in your place. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) Its called Timezones. Rest of the text is thus wrong.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | │ | CRYPTO FUTURES | | | | | | | │ | 1,000x LEVERAGE | │ | COMPETITIVE FEES | │ | INSTANT EXECUTION | │ | . TRADE NOW |
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Gormicsta
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March 08, 2024, 12:51:39 PM |
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exchange Bitcoin during market open moments can be an unpredictable endeavor, with increased unpredictability and quantity of trade usually resulting in greater opportunities and risk factors. While liquidity tends to be more powerful during these times, keep in mind that prices may change fast and in unpredictable ways, so it is important to be alert. And Bitcoin tends to move more at particular times of the day. These methods include holding positions over a longer period of time, such as a few days, weeks, or even months. This enables traders to ride out short-term instability while profiting from for a long time shifts in markets. Asking the people who trade on Bitcoin can also be beneficial.
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Peanutswar
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March 08, 2024, 03:23:30 PM |
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It depends on your objective, if you are a long-term trader just use the DCA strategy to accumulate bitcoin and if you think you have already gained profit you can pull it out once it touch its all-time high but if you are an active trader and have a time you can go for a daily trades which ride in the market volatility, the market will not adjust with your time, crypto is volatile so you can make a quick profit through scalping. With this bullrun run most of the people get as possible so they can have enough funds before the halving comes.
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TheUltraElite
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So anyway, I applied as a merit source :)
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March 22, 2024, 01:50:37 PM |
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And Bitcoin tends to move more at particular times of the day. Bitcoin markets run 24x7x365 all the year round without any stop. So this statment does not work on bitcoin, but maybe possible in other speculative markets like stocks and commodities. These methods include holding positions over a longer period of time, such as a few days, weeks, or even months.
With the bull run happening every few years, keeping the holding time longer means better profits for everyone. Short term only leads to more losses. Bear markets run long so you have ample opportunity to buy at the low, provided you have not freaked out already. So the best time is anytime in the bear market, in my opinion.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | │ | CRYPTO FUTURES | | | | | | | │ | 1,000x LEVERAGE | │ | COMPETITIVE FEES | │ | INSTANT EXECUTION | │ | . TRADE NOW |
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|MINER|
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March 22, 2024, 05:24:17 PM |
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Bitcoin market is really difficult to understand. It is difficult to predict when it will rise and fall. But if you are connected with regular BTC, you can predict its market somewhat. Although there is no guarantee that the prediction will be correct. Your guess might be right. Can. But not reliable. Because each person is different when it comes to forecasting. But if you trade BTC regularly, you will learn about the market yourself.
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Bushdark
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March 22, 2024, 05:27:01 PM |
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It depends on your objective, if you are a long-term trader just use the DCA strategy to accumulate bitcoin and if you think you have already gained profit you can pull it out once it touch its all-time high but if you are an active trader and have a time you can go for a daily trades which ride in the market volatility, the market will not adjust with your time, crypto is volatile so you can make a quick profit through scalping. With this bullrun run most of the people get as possible so they can have enough funds before the halving comes.
We can always trade the market anytime that we wants but it is always important for us to know the kind of traders that we are. We don't need to always go into the market and trade without any thorough signal and what actually make us to want to trade. The best time for us to trade in the market is when the price is volatile. W need to know what we are doing so that we could always make profits from the market without having to stay for days before we make any tangible profit.
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dunfida
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March 22, 2024, 06:27:00 PM |
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Having Bitcoin at this time is a very big achievement for anyone who has it now, but as everyone one may know no condition is permanent in the market you may have the up and downs loss and profit depending on how you strategically plan your personal business. Now I observed that Bitcoin is like a gamble of football game whereby you go to the bet shop book your bet and wait for what will come sometimes you win sometimes fear can make you cash out after your cash out you may be lucky and sometimes you might lose something you would have gotten if you had waited.
Same to Bitcoin patience matters alot you may sometimes sell your Bitcoin because of fear of depreciation in value exchange while some still hold on to it I just discovered that Bitcoin most times depreciates in day time but when it gets to late hours at night it increases its exchange value I don't know if anyone has this observation as well
So for me in this situation you can buy your Bitcoin at day time and trade it at night when it adds But it is very important to watch at it carefully.
Bitcoin definitely has no daytime and nighttime activity, these are some of your personal observations, perhaps some kind of temporary coincidence, or something like that. If you are looking for the best time to trade Bitcoin, then this is a certain bull market, when everything is growing, or periods of flat, when the price can move in a certain corridor for a long time, the rest of the time will be quite difficult, and day trading will be especially difficult, I assume which you are talking about. If you are someone who used to be a FOREX/STOCKS trader then you would really be having those kind of asking questions into your mind about a specific time whereas these things are really that common into those markets which does have opening and closing on which you could really be able to apply with those possible entry or exist into those kind of durations. Just like been said that there's no such thing about best time on trading up Bitcoin because crypto market is a 24/7 open market on which there's no specific moment or time that you could really be able to make up some pattern and considerations on taking up some buying or selling decision or position. This what makes that trading in crypto is really that too damn hard on which there's no way that you could really be able to determine on where prices could go. Sometimes there would really be no sentiments that could totally affect out crypto price movements. So it would really be just that depending on how you would really be able to handle yourself into this unpredictable space on which this is something that totally random.
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WatChe
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March 22, 2024, 06:38:28 PM |
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Personally, I don't trade Bitcoin in the short term because Bitcoin is not suitable for trading, but it is suitable for long-term investment. And there is no wrong time to invest in bitcoin, all times are the right time to buy bitcoin, especially when we are facing bitcoin halving, bitcoin's target reaches a new ATH, and this is still very far away. So don't waste the opportunity to make a profit by investing in bitcoin because bitcoin is predicted to touch a new ATH in the $100k price range. Now is a great time to buy bitcoin while continuing to use the DCA strategy. For the short term, I only trade altcoins that have fundamentals at least in the top 5 altcoins on CMC.
You are right by saying that Bitcoin is only meant for long term trading. There are people who do short term trading but one has to figure out whether he can survive short term trading or not. Even experienced people find it hard to handle the wild fire of day trading. While anyone who go for long term trading is bound to get success, it's evident from past data of Bitcoin. If you have decided for long term investment then there is no best way to gather Bitcoins other then DCA.
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Bobrox
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March 22, 2024, 06:48:03 PM |
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It depends on your objective, if you are a long-term trader just use the DCA strategy to accumulate bitcoin and if you think you have already gained profit you can pull it out once it touch its all-time high but if you are an active trader and have a time you can go for a daily trades which ride in the market volatility, the market will not adjust with your time, crypto is volatile so you can make a quick profit through scalping. With this bullrun run most of the people get as possible so they can have enough funds before the halving comes.
For long term investment they will accumulate when bitcoin going dump but for short term trading keep priority for selling after raising gained profit based on how much percentage of target. In the bullrun moment we can take opportunity faster to earn profit trough bitcoin trading how price volatility with up and down faster give us moment take profit few percent without holding for long term. But if want make bitcoin as long term investment assets need patience awhile when bull run moment and buy back later after get large correction moment. Not mistake with short term or long term trading in bitcoin, if some one want to earn faster profitable will make bitcoin as scalping but for long term will hold it until raise up the limitation profit target.
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