Quote from: caldero on June 02, 2017, 07:04:11 PM

Quote from: mutami on June 02, 2017, 06:22:45 PM

Obviously, I need BTC to get in but it seems like everything is high right now. Should I wait till BTC is < 2k? Or ETH < 200? I'd like to get in and start trading alt coins. But for me to maximize my profits in USD I need to wait till BTC is at a reasonable cost. Or do you guys see it climbing to 3k in the next couple of months?

The idea with trading is to increase the number of btc you have so in that sense the price doesn't matter. That being said I still wouldn't recommend trading as 99% of traders end up with a loss so unless you really know what you are doing its not advisable.

Caldero, you are right. That was my though too when I read through OP's post. He really doesn't need to wait for price to crash if he actually wants to trade Bitcoin or altcoins. We only wait for the price fall if we plan to just hoard and then resell whenever price goes up. However, I don't agree with you on the part that many who trade end up losers. People make money from trading cryptos the same way they do trading Forex.