Post
Topic
Board Beginners & Help
Re: Start trading
by
FaucetWorld
on 07/11/2015, 10:48:15 UTC
i wouldnt recommend trading cryptocurrencies as one day bitcoin can be in huge price and another day it can drop by 30 dollars it is really unpredictable in my opinion
I agree with you its could be very risky for any newbie he need to spend too much time here as he has good experience then he can start this otherwise he will lost his all money
True, as with any stock market the Bitcoin market is also very dynamic and a plethora of factors can affect the price very swiftly. Always advisable to do a detailed analysis and (reasonably) extensive research about the market environment before you start trading.

I agree that for newbie Bitcoin market is risky, but for newbies all markets are risky Wink Bitcoin price is very dynamic, but in longer run it is good investition. And i don't agree that price can go down to $30. I'm sure that price will never drop under $250