Post
Topic
Board Speculation (Altcoins)
Re: Prices of Bitcoin and Altcoin are down now ...?
by
kynaz
on 29/09/2019, 01:10:25 UTC
hi My friend noticed that in the last few weeks both the price of bitcoin and altcoin bled, is there anyone who can give me good advice for buying and trading that is good and safe. because I heard a few months ago that the Binance exchange was at the restat, now is it safe if I return to trade there, because I have also traded a long time in binance, so I was on vacation to trade there, because at that time Binance was at the restat. Thank you and I appreciate all the answers.

Binance until now is still very safe and I trade on this exchange. This September Bitcoin and Altcoin I think is still going down in price. But to make a profit I think we can utilize the condition every day that occurs in the market.

It doesn't matter if Bitcoin and Altcoin decreased because of the conditions I would use to buy coins. However, I bought the coin of course with consideration and I focused the coin that had a good trading volume. To make a profit, of course, I would not hold the coin long enough, but if my capital has increased, my direct coin sells.
Short-term trade is risky. You need to have a deeper knowledge regarding this market before you choose your investment. Volume and how traders support projects inside the exchange is very important. It will lessen your chances to lose a lot since there are  followers and supporters who are also playing with you. Take time to assess and observe your investment tokens.
I think you need to have a specific strategy when investing because this market will never stand still for you to make profits and the volatility of the market will make all investors face a lot of risks. Now is the time to buy cheap coins but not every coin will bring you profit in the future so you need to consider carefully before investing because this year is a very bad year