Post
Topic
Board Speculation
Re: Is buying BTC now, the best option ???
by
Texac
on 10/05/2023, 14:09:12 UTC
.

As a short term trader, I have an edge to other traders and investors. I usually buy bitcoin in future but my holding time is just hours or even minutes.I usually do swing trading in short term time frame like 1hr and 30 minutes time frame. My strategy is simple, I plot the key levels and I just put an order on the key levels with cut losses, entry point and target profit and I just waiting for any orders that will be hit.


what is the short term trader's advantage? For me, as a trader or holder, both have pros and cons, it cannot be said that only short term trading has an advantage. the only advantage of short-term trading is that it can make quick profits, but the risk is greater because bitcoin is very volatile in the short term and difficult to predict.  in return, long-term holding will not be able to generate quick profits, but it will become less stressful, and the profits are almost more certain than trading.