Ofcourse having a higher value will benefit trader more and would attract more people into it which in this case every movement would net a higher profit for traderif you would compare it to cents but my point would be that even if the value were to drop, the technology stands.
The reality is that most people are only tied to its value, when the value drop then most people will assume that it is dead .Most people are not even aware of this but the true value of BTC were in its technology and also its decentralized principle
but if you keep it from your wallet and wait the value of bitcoin will go high
You dont keep your
BTC in your wallet if you are trading it. Thats a fatal mistake because once the price rally, it will takes sometime for your
BTC to reach the exchanger and thus you wont be able to sell it at the peak point( of course this is debatable with so many exchangers were hacked ).
for trading everyone needs to become more familiar with market operations and the tendencies .
Untrue, in
BTC trading the most thing that people need to learn is to distinguish a bullish or a bearish because the current market is heavily manipulated and unless you know how to distinguish this then it stands harder for you to get quite a profit in the current market