Post
Topic
Board Trading Discussion
Re: Trade only Bitcoin
by
Nrcewker
on 12/11/2023, 17:47:30 UTC
Because Bitcoin is not for trading, Bitcoin is for long term investment.
I don't think it's bad for trading, bitcoin also has volatility that is worth trading. Traders can determine their favorite coins to trade after some evaluation. Even on some exchanges you're allowed to use up to 100x leverage, if the Op is good enough at this then he can generate profits bigger or faster than long term investments.

People have different choices for everything. Some use Bitcoins for long term investment, while some use it for trading quick money. But if you want to remain on safer side, then only investing in the Bitcoins will be safe option. We know that Bitcoins are limited in number, hence they will definitely increase in price in long go. So investing a certain amount for long term can give good profits. You always have the option to trade these coins. But if you take risk, then there is possibility that you can face losses also.