Post
Topic
Board Trading Discussion
Re: Trading bitcoin what do you use
by
ndutndut
on 22/03/2025, 17:52:41 UTC
When people talk about trading bitcoin does anyone just literally buy and sell at the right times rather than deal with futures like shorting etc..

I tried on Solana a few months back with some success the danger was always FOMO at the bottom of the range and being stranded at the top when the market drops.

You can sell and take a big loss or face having to stay off for a few weeks until price recovers

Anyone successfully do this with bitcoin what do you use to help you
Yes of course. Investing in bitcoin will not think about the price in the short term, our job is only to buy and buy and sell at the desired destination. Of course with futures trading the risk is very high, especially futures on altcoins that are difficult to predict, you can only rely on fomo when we are stuck at a low price, it is very difficult for the price to recover. But this is different from bitcoin, even if the price drops as long as you haven't sold it you won't lose because the price will recover and even higher than before.

The bitcoin trading that I am currently using is of course holding it for the long term and doing the dca method periodically. Bitcoin investment does not provide quick profits compared to altcoins, but believe me bitcoin will provide great profits in the future. So make bitcoin your priority in investing in crypto assets, even if you want to find luck in altcoins, you can do it only 20%, the rest you have to invest in bitcoin as your main asset.