Post
Topic
Board Speculation
Re: I will not Die Untill Bitcoin will reach at Least 50K
by
gabmen
on 26/03/2017, 08:06:59 UTC
I have been trading for a long time (mining before).
As prediction BTC falled, just keep selling high buying low.

it is easier said than done.

i always suggest those who aren't experts in trading to stay away from the market unless they want to buy and hold long term.

because at times like this buying low can mean price going lower and selling high can mean price going higher and in both cases you can lose a considerable amount of money because you acted too fast.

this is actually the only time that i will admit trading is like gambling.

That is true, but people that has been in trading since the beginning has experience. And this pumps/dumps is good profit.

Indeed. Some trades are good for long term and some are easily good day trades. Btc i think can be both especially in this like this when the price rises and drops in a matter of weeks. I think experienced traders would know how to tske advantage of these fluctuations.