Post
Topic
Board Securities
Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]
by
minerpart
on 21/11/2013, 17:14:17 UTC
Why? Because day trading loses money

I agree largely with that. But I'm not suggesting day-trading with ACtM holdings. Not at all. I'm just saying that when price is swinging by 40%+ per day and you have 1.4k BTC to convert you need to pick the right time.

We are talking differences of up to $500,000 when converting 1.4k BTC at a price of $600 or $240