Post
Topic
Board Trading Discussion
Re: Trading bitcoin what do you use
by
As-Soon-As
on 22/03/2025, 22:56:58 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

Futures trading is very risky, yet altcoins are linked to Bitcoin. I have been involved in futures trading a few times in the past, I have lost two to three times more than I gained. Because the last time I lost absolutely everything, I have not been involved in futures trading since then.
But yes you can buy Bitcoin and keep it for a long time, and based on my personal opinion I can say you should stay away from futures trading.