Post
Topic
Board Economics
Re: Moment for buying or selling?
by
HTracer
on 03/09/2017, 08:18:57 UTC
My advice if you want to buy now is fine but do not hold your bitcoin until next year, because the bitcoin price is fluctuating. You better play trading than just holding it, it's more profitable than holding it until next year.

I beg to disagree with you brother. Yes trading is profitable as it grows your money faster than holding it but its a risky thing especially for beginners. Holding is the safest way for beginners as if he just hold it he surely profited as the bitcoin price is constantly rising.
Seeing the timestamp of OP, its 3 months ago from now. So if OP bought that time maybe he profited now atleast 50% from its capital. And its a huge profit in just a span of 3 months.


@Casdinyard. Wise suggestion and good example.
Having messy trade or getting in panic selling, beginners may fall into depression.With growing awarness how things work in crypto market, more sophisticated approach could be added to proven long term holding bitcoin strategy.