Post
Topic
Board Trading Discussion
Re: So I want to get into trading.
by
Mjadon15
on 14/08/2018, 19:29:52 UTC
Obviously, I need BTC to get in but it seems like everything is high right now.  Should I wait till BTC is < 2k? Or ETH < 200? I'd like to get in and start trading alt coins.  But for me to maximize my profits in USD I need to wait till BTC is at a reasonable cost.  Or do you guys see it climbing to 3k in the next couple of months?

You can get on now, when Bitcoin is currency at $6000 or wait a little bit for it drop below $6000, cause it's gradually getting to that low. Then Cash out when Bitcoin price rises up to almost $8000. I feel this would pay better if you keep on this practice subsequently, because the trend since Bitcoin started dropping from $20000 was to drop a little and move up a little. Therefore, Long Term Holding could not be a more profitable strategy compared to the one explained earlier. Fortunately, if you play your cards well, you will be on track when the price will be experiencing then next anticipated boom.