Post
Topic
Board Bitcoin Discussion
Re: How well do you understand Bitcoin Investment?
by
serjent05
on 22/09/2018, 05:16:00 UTC
For the past months now, I have been studying and monitoring the Bitcoin trading market. I realized that, Bitcoin investment shouldn't necessarily be a long-term one (you buy bitcoin and hold it till the price double or triple). It is very possible to make about 0.35 to 1% of profit on an average within two to three hours if you carefully study or monitor and understand the trading trends. If you agree with me, share your thoughts on this. If you also disagree, i will appreciate your reasons and thoughts.... Cool Cool Cool Cool Cool

I guess this depends on how an investor wanted their Bitcoin holding to be.  

I do agree that investing in Bitcoin may be a short term or long term purpose.  I always say that holding Bitcoin for a long term investment is good but it is much better if they can play with the fluctuation of its price since they can profit more than holding it and waiting for it to double or triple in price.  

Selling at the right time and buying when it goes down is what knowledgeable in trading do but those who are not just hold it and wait until it double or triples in price.  So whether to hold it long term or short term is the investors call.