Post
Topic
Board Altcoin Discussion
Re: Bitcoin trading is a big challenge.
by
Coin BTC
on 10/10/2019, 12:06:31 UTC
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?

Yes. Trading Bitcoin is a big challenge. Buying Bitcoin must spend big capital. If we look at the current price of Bitcoin with a few weeks ago, then the price of Bitcoin has dropped by around $ 2900. If someone buys at a price of $ 12,000, they have lost $ 3000. But it also brings big profits to those who hold Bitcoin at the price of $ 4000 in 2018 ago.
No need to count years in the traditional financial markets, the crypto markets can give back the sam achievements during the twice less required timeframe. The price of Bitcoin loves volatility which is dangerous for the average investors, considering this fact, inexperienced traders look for more stable altcoin markets. Stable altcoin growth is healthy, BNB chart doesn't show any random pumps for example.
Bitcoin was born in 2009, and now 2019, I think that has left a lot of history about Bitcoin travel. This is a good experience, of course for those who want to read. The price of Bitcoin is not on a high basis then decreases, but on a low basis then rises to high. Bitcoin trading is very risky, but we must be able to survive when prices are falling. In the past two years, the price of Bitcoin has printed two different histories, this is likely to occur in 2019 and 2020.