Post
Topic
Board Trading Discussion
Re: When is the best time to trade a Bitcoin
by
stomachgrowls
on 02/07/2024, 19:26:32 UTC
     If you have an idea or knowledge of futures trading, it is better to enter here with these features of an exchange. because even if we are in bearish momentum, you can still make a profit here for sure as long as you use the BTC-USDT pair and not the altcoins because the volatility is really high.

     But if you still don't know enough about trading, don't try it. Even if you feel you can do futures trading, don't continue because you can also be a marketer in futures trading.
It's better to just spot first if you don't know enough about trading.
Investments certainly have volatility or fluctuating prices at any time, why should you just choose Bitcoin? Of course, if you already have experience or have a basic foundation in analyzing the market or knowledge there, at least you don't have to focus on just one, at least you have to look for other alternative coins to get maximum results in the market. Even though the market is in bearish momentum, sometimes it is difficult to make a profit, at least the market direction is difficult to predict, and sometimes even experienced people can make mistakes in analyzing the market. It is not recommended for people with minimal knowledge to transact in the market, of course this will result in a lot of your money being lost there, what you said is absolutely correct, it is better to use the spot method which is much safer in this case.
When it comes on targeting out with that profitability talks then it would really be that something that will really be pertaining about dealing up with those altcoins on which it could really be still that give out that chance that they will really be able to make money or some considerable multiple folds of their investment instead on sticking with Bitcoin, but if you are someone whose really that going after for the security and sticking into that potential then there's no doubt that sticking with Bitcoin would really be the most ideal thing that someone would really be doing. As for best time on trading up Bitcoin then it would really be just that depending on you and come to think that there would really be that different types that you could have whether you would really be making active trading or simply you would really be just that holding for long term.

It doesnt matter whether you are trading up or dealing with BItcoin or with altcoins on which we would really be that sharing up with the same goal on which making profits and
making money despite of the market volatility and unpredictability that we do have in the market on which it would really bej ust that a normal thing.