Post
Topic
Board Trading Discussion
Re: What is Bitcoin trading? can Bitcoin trading profitable without having lost?
by
jaberwock
on 30/09/2021, 20:20:05 UTC
It is a speculative asset, it will have increase and decrease.
However those increases and decreases do not really exist outside of crypto vacuum. Sure in a regular day it is not really that volatile, it is quite mellow and it doesn't really have anything at all and it could be considered nearly stable. However the reality is that we are talking about something that could be very very risky when there are huge movements, those "famous person tweets about it" is just way too big to ignore.

I have seen it go from 52k to 42k in under an hour (regrouped at 47k) just a few weeks ago, it hasn't recovered too much since and dropped back to 42k but that 10k drop was in under one hour. That should show you what it means to be volatile and that is why I doubt that bitcoin would ever be considered a riskless trading asset. I would be basically a very scared person when trading here, doesn't mean you shouldn't be trading, it just means the profits are higher and loses are higher as well.