I have been day trading Bitcoin for a few months now. Overall I'm pretty much making nothing and losing nothing. It seems to me that there is no logic at all to the market. No matter how much research you do, how much you look at the technical's and how much you try to hedge you absolutely can't predict the massive dumps that happen every day. They appear out of nowhere at random times and drop the market by $200 - $300 at a time.
This smacks of huge manipulation of the market. They are making it impossible to trade with bitcoin in any way other than a pure gamble. Anyone else noticing this?
The trading world is very closely related to manipulation. not only in the world of digital currency, but in the real world like investing in stocks and forex. but a very extreme level is happening in the world of digital currency. we cannot avoid that and all we have to do is follow the path. for me that when we get a big chance of profit even though it's small then we have to make a decision immediately. for me it's much better because we don't need to wait too long and we can reduce the risk of losing. all of these things depend on the decisions we make, let's make the right decisions and also be careful. we must be able to avoid and avoid the price manipulation process that can always arrive at any time surprisingly.