Quote from: CharmCha on January 10, 2018, 03:31:26 PM

If this time trade you will probably lose a loss of money, and that is not wise at all. In my view, you should calm down, control your emotions and continue holding until the Bitcoin rate increases again before trading, thus avoiding losses. I believe the Bitcoin exchange rate will increase rapidly over the next 3 months.

Trading just requires at least some volatility, and as long as that aspect of this market is there, trading can always turn out to be a profitable practice. Funny thing is that people always believe their own theories are the right one to follow, where they completely overestimate themselves, and thus get eaten by whales. Holding, if you are mentally capable of withstanding this market's fluctuations and drama, is basically the easiest thing to do. It feels incredibly well seeing your wealth increase year after year, and that without doing anything. Seriously, having money in your savings account costs money, while if you dump that garbage in Bitcoin, you'll gain in purchasing power.