Every month I buy Bitcoin from %50 of my wage. I think it's the best saving method for long term. I don't do trade much, it's too risky for me.
Nope, trading is not risky as gambling or may be mining altcoin. I think trading is much fun to play it, because it has a lower risk than others and you can
get good profit too from that so start on taking this as one of your income besides signature campaign or even faucet
The risk isn't lower, you're just lowering the possible gains and loses.
Say you have $1000 and the same in Bitcoin and you gamble with one and trade with the other. Playing in a casino may get you broke in a couple minutes, but you can also double the money if you're lucky. If you're a bad trader you'll need days or even weeks to go broke, but it will also take days, weeks or even months to double the investment.
Nope, lowering possible gains and loses in trading? I dont think that is a really good idea because there is no way that you will lose in bitcoin trading, it is fast or slow that you will get your profit so the risk will be minimalize from doing trading. Besides gambling is far to fast to drop your bitcoin, and I guess with today win you really need luck and do you think tomorrow you will have this kind of luck? In the end people will lose it in gambling because we never win the house, except you stop and wwithdraw it when you are winning some
In Bitcoin trading you think you aren't losing because the price is so volatile that it's almost guaranteed to go up or down after a small rise and a small dip, but that only works so far. Sooner or later you will fuck it up and lose a lot of money by not being in in a big rise or by being in during a big crash.
Of course that I aim for a high selling but care for big crash, thats why Im saying that bitcoin trading is much safer rather than anything out there because you can really control it no matter what. Lets say suddenly the price going up I will follow the trend and going to buy and before its is going to be dumped I take some precaution to change it back to my currency rather than losing it all so its safe
Beside inherent risks involving in trading, having your coins inside an exchange for day trading isn't really what I would call safe. As a daytrader, you need your coins ready in a exchange 24/7, because you could miss big opportunities if you don't (it takes time for the coins to go from your local wallet the exchange) which means if the exchange screws up and we've seen this happening before, you would potentially lose your coins. I hope that exchange that I consider serious like Poloniex and Cryptsy don't end up pulling a MtGox/Mintpal.
Yes my coin is ready to buy anytime except my sleep time. I wont risk any cent when Im not online. So when Im going to offline I never hold my bitcoin anymore, this is prevent price suddenly drop significantly, although sometimes it will rise suddenly. Some people said that better not earn some rather than price drop and it will make worse.
Nope, lowering possible gains and loses in trading? I dont think that is a really good idea because there is no way that you will lose in bitcoin trading, it is fast or slow that you will get your profit so the risk will be minimalize from doing trading. Besides gambling is far to fast to drop your bitcoin, and I guess with today win you really need luck and do you think tomorrow you will have this kind of luck? In the end people will lose it in gambling because we never win the house, except you stop and wwithdraw it when you are winning some
It's not a good idea but that's how trading looks compared to gambling. Even though you're investing it all you can't lose it all, while putting on your money on a casino table at once can leave you penniless in an instant. Gambling is risky but so is trading, who knows maybe tomorrow we'll wake up to Bitcoin being worth $200 and then what? Do you think people who bought at $1000 knew that the next day they'll see $800 and so on?
Nope trading is different from gambling, the gap is to far between them. Trading you can minimalize your loss but gambling is really far worse when you are in lucky. I experienced both of them and feel like trading is much better although the price suddenly drop or anything. Its true that people can't predict the future thats why I never hold bitcoin when it comes to my offline time. Im not risking my bitcoin value by hoping the price going up, how about if I hold up and later the price suddenly drop when Im off? I guess that is much worse, I will lose some of my bitcoin value