Ninjastic
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Post
Topic
Board Altcoin Discussion
Re: Bitcoin trading is a big challenge.
by
yvesp110
on 20/07/2019, 19:26:38 UTC
Quote from: Seth2009 on July 20, 2019, 03:03:49 PM
Quote from: Raja Singa on July 10, 2019, 03:39:16 PM
Bitcoin trading is a big challenge. Get a fast profit, but loss can be in seconds. Huh

In the last few days Bitcoin has started to increase sharply. And most of the Altcoin top goes up. CEO of Galaxy Digital, a crypto merchant bank, Michael Novogratz, said, the price of bitcoin will increase many times over the next 18 months.

But we see today's prices are falling. Is this only temporary?


Bitcoin trading is really a big risk.. Proper knowledge and skills are required in order for a trader not to lose so much.. Better understanding of what you are doing is the best way..
Yes Bitcoin is pretty risky and this is the reason they say it is not for people with a think weak hear prone to an attack upon a crash. I think the risk in Bitcoin could be mitigated to a big extent if it is purchased at a value that is the lowest. Normally you should invest in the coins when it lose big value. That is the bearish market. This mitigates the risk associated to Bitcoin and you could rather make money.