Quote from: shine1123 on September 17, 2017, 04:40:51 AM

Quote from: aleksej996 on September 16, 2017, 04:00:56 PM

Many traders agree that Bitcoin is a great long term investment, but what about all the short term traders?
There is a value in short term trading of course and these months seem as they were and will be turbulent, making short term trading at higher stake.

When do you predict a bottom and top range of the market in these couple of months?

Due to the upcoming of a serious hard fork that has a major economical support these times seem very risky for Bitcoin. A major split of the community is more likely than during a Bitcoin Cash fork and we saw some price drops before the Bitcoin Cash fork and could possibly expect an even bigger drop during this one. Or maybe people gained more confidence in Bitcoin since the survival of that fork? Are the big investors confident that big companies that signed the NY agreement will make a successful fork and insure the value of their coins with their economical importance or will they bail due to uncertainty? If they are confident in those companies, are they wrong to be confident? Will the users reject the fork and would it make a very drastic effect on the price?

Also due to the bad clarity in China's new ICO ban, it is maybe possible for the government to clarify it's stance on crypto/fiat trading?
If their stance is supportive, we could experience a huge bull and if it is not, we might experience a perhaps medium or high decline in price?

Many things could affect the price in next 2 months and because many miners and other people who pay the bills from crypto it is important to know for them should they sell and when or should they wait and for how long.

Actually bitcoin is also good for shot term traders, especially when something bad happen like the last time the news from china. The bitcoin price fall because of that but if we look it and you buy many bitcoins when the price fall, you will get much profit from it because the bitcoin price going up again right now. I think this is one of a good example of short term.

For this current happenings and yet further more? I think yes bitcoin is good for short term trades for traders since the flactuation of it is unknown and might we would earn more money from this if bitcoins would even pump little by little for following days. And also ETH is great for short term trades also since this one is been affected more and the price for now is so cheap.