Quote from: Golftech on April 04, 2021, 06:47:01 PM

Quote from: traderethereum on April 04, 2021, 06:32:54 AM

Quote from: Natsuu on April 04, 2021, 02:50:30 AM

Quote from: AndySt on April 03, 2021, 11:42:13 PM

Quote from: el kaka22 on April 02, 2021, 04:23:28 PM

Unlike any other trading environment, you can make big profits in this crypto space just by holding for longer duration. Just plan up trades for years (but within only bitcoin) then definitely you will get at least 10x profits for your investments.

About at least a tenfold profit in bitcoin over the next few years sounds quite bold, because at the current exchange rate, we are already talking about $ 600,000 and I personally am not so sure about this forecast Wink

Another question is that you can try to wait for a correction and make a purchase at a lower price. I would be more confident about such a price forecast in altcoins, but there are pitfalls and instability of much larger orders.

Yup in this time and date, btc can just accumulate about maximum of 50% if you will invest right now, unlike in altcoins, tho it is riskier, but the profit is higher than normal. But aren't we, traders, common to risk plays and isn't it our playground

Taking a risk will be okay if you know how to manage the risk because many of us still do not know how to manage the risk.
They use big money to invest in a coin but they do not research more about the coin.
But if they only use bitcoin to trade or invest, they can have a chance to make a profit and if they can hold it for a long time, their profit can be big.
The best thing that we can do is buy low and sell high or buy low and hold if we want to profit.

That principle still alive though it's very difficult to predict which directions the market will go,

even you have the knowledge you still need to understand how the market are moving, a lots of

time investors are just blindly follows the trend, very uncareful that leads them to lose their invested

money, you always need to keep enhancing your knowledge if you want to survive from this business.

Investors follow the trend because of many things, but mostly, they follow the trend because someone suggests buying or sell the coin without them analyze.
As the investor, they need many things before deciding to buy or sell the coins, one of the ways is they need to analyze and find the sign to enter the market.
But they can just buy the coin at a low price and hold it and do not care about the price moves.
But if somehow they lose in trading, they will try to recover the losses by trading more and be careful.