Post
Topic
Board Trading Discussion
Re: BITCOIN is for long term investment
by
Victor$
on 20/03/2018, 20:40:21 UTC
Bitcoin price increases and decreases very quickly, so it is not always suitable for short-term and day-trading. It would be more suitable and safe, if you invest for long-term.

That doesn't quite line up really well though. Day traders make profit from these daily fluctuations so if btc does just that, then it should be good for day trading. The thing is it's not. Significant btc movement often happen over a period of time so it's hard to day trade with it.
Well I think according to me day trading is  not advisable because it takes time and patience to increase in bitcoin price, for me there is nothing better than bitcoin now if you are well patient guy, you are saying day trading is good, then yes it is but only on the behalf of risk I think it is good to trade for long time no need to sell your bitcoin for some profit at the dump price, as according to my own experience I suggest you to trust and involve only long time trading.