Quote from: Inwestour on October 12, 2023, 11:45:34 AM

Quote from: ShowOff on October 11, 2023, 12:51:34 PM

When someone understands enough how the market works, then of course they can take advantage of any momentum to generate profits. You don't have to trade every day to make a profit, but you have to be able to do analysis enough so that you can make a profit when trading.

We are all aware that sometimes price movements do not always match our expectations, but good analysis can usually help traders to get commensurate results. The saying you say is true, but there are always different strategies that can also generate profits. Rumors are not always true, but some rumors can come true so there is no harm in taking advantage of such things to gain profits from trading.

It seems easier to recognize the trend on the global chart, but for day trading everything is too volatile and it is really difficult to count on daily profits. From time to time, Bitcoin was in a flat and during such periods it was convenient to trade it even on day trading, but when significant movements begin, this complicates everything. In any case, trading Bitcoin seems safe to me, if you are trading on spot trading then you should not worry that you can stay in this position for a long time.

I would say that when it stays around the same price and has just small amount of movements it's really hard to do spot trading so people moved to do leverage trading during that time. Going just 100 dollars up may not make you a lot of money, but going up that much on a 100x leverage could definitely make you a good income. This of course increases the risk and people shouldn't take that.

Long story short I believe that we are going to end up with a lot of people who are going to take less risk, because we are going to be more volatile soon, and holding bitcoin could be the best thing to do. If we believe that halving will make it go up, then we should trust it to do well enough to keep it going and should be happy about it.