Post
Topic
Board Bitcoin Discussion
Re: Hope Vs Realty of bitcoin
by
Kasabus
on 11/03/2022, 19:12:17 UTC
As a trader, I never expect bitcoin to go only up because it happens it will get hard for me to make significant profits. I buy when the market dips and sell when the price is at its peak.
The ups and downs of bitcoin prices are normal for a trader, but nowadays there are many new investors who want to use bitcoins only for their profit and wealth, when the price of Bitcoin goes up they flock to buy it and when the price of bitcoin goes down they also sell it and think Scam,
Research on Bitcoin and Crypto is important before starting to enter the market.
  Most of the new investors today are more on profit motivated so whatever they think is right, they will instantly grab it not knowing that it could make them lose. The crypto market may be a good source of income and profits, but it can also be a reason to lose all what you have.  This is why learning first before entering the market is a must because if you buy and sell in crypto without its right timing, you will never make good profits from it. Trading needs good market analysis to win such trades, but if you not aware about its technicalities, you will never grow and lasts in trading.