Ninjastic
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Board Economics
Re: When to buy and sell bitcoin
by
MyIdeas
on 14/10/2017, 23:01:43 UTC
Quote from: @prashant on October 12, 2017, 05:54:49 AM
Quote from: ArnoldChippy on October 12, 2017, 05:41:24 AM
Quote from: neonshium on October 11, 2017, 06:50:25 AM
Quote from: josephpogi on October 09, 2017, 01:04:09 AM
Quote from: freundes on July 08, 2017, 07:39:32 AM
When is the best time to buy bitcoin and when do you think is the best time to sell?
I think its a great time to buy now but when is a good time to sell (if you have any idea please share)
Actually i want to learn about trading becuase as my friend say that trading is a good way to earn more money but you i need to learn about this he said that when it pumps up try to sell but if i sell my btc or any coins please dont regret .
Trading is no doubt the best thing and that too if you are trading in bitcoins, then that is in fact your good luck. As you said, you need to learn a lot in the world of trading and that is very much true. You need to learn how to study charts for making better decisions. Secondly, think very well before making any decision related to buying and selling of bitcoin.
I think trading is not so easy as we think it. In fact trading is a profession, which required proper education and knowledge. Those people who do not have proper knowledge or education i do not think that they can become successful trader. For most of the time we see that inexperienced trader mostly lose their money, because they mostly do not have any experience or trading skill. For becoming a good and expert trader you also need to spend a good time in trading filed.
First of all stock trading and crypto trading is quite different,in stock ,you can read graphs and predict the outcome more easly as compared to crypto trading.crypto trading depend only on market and hype ,whales dominate the crypto market so there comes the big risk of loosing your coin.crypto trading is more rapidly active than stock thus cause pump and dump series.
We can predict the market price of the bitcoin but we cannot be sure about our prediction. We never know what will happen in the future. For buying, there are two things which counts. First one, whether you have resources to buy and second one is the price of bitcoin. For selling your bitcoin, sell your bitcoins when you are getting enough profit.