The Lounge

Buy Crypto or Trade Crypto

Submitted by Neo121, , Thread ID: 198593

Thread Closed
21-02-2021, 02:34 PM
#1
If you're into Crypto, do you buy it or trade it?

I currently do currency trading, but think i should look into crypto (better late than never)
I don't like the volatility in trading it though. Seems safer to buy it low, and sell it high

RE: Buy Crypto or Trade Crypto

#2
I leave Crypto, my reason is not have money in right time to invest I lost money that I don't win

CTRL + V

but for those who have a source of income I recommend analyzing the market a lot and trade is something very strategic

RE: Buy Crypto or Trade Crypto

#3
buy in and hodl! honestly, bitcoin should be around for a while. theres currently a dip, so it's not the worst time to get in. but I'm not a financial advisor

RE: Buy Crypto or Trade Crypto

#4
Trade for more profit, but higher risk. So if you are unexperienced just buy it

RE: Buy Crypto or Trade Crypto

#5
I had $10 in bitcoin that I got for free (back when it was worth a whole lot less) and a few years ago I used half on Ethereum because it looked like it was going to jump up quickly.

needless to say it was not one of my best decisions.

to answer your actual question, I usually have an idea in mind of what I want for it, and will hold until it gets to that point (for example, I'll hold until double) sometimes it works, sometimes it doesnt, but I don't feel as bad because I've held to my decisions.

RE: Buy Crypto or Trade Crypto

#6
I have a bit of crypto, partially to diversify my investments, and partially because it is entertaining to have a graph to watch when the stock market is closed.

RE: Buy Crypto or Trade Crypto

#7
Generally, most crypto coins follow the trend of Bitcoin, and right now it is EXTREMELY volatile and can crash at any moment. I'd wait for it to hit a bottom point and slowly start recovering before getting into it again. We used to have a bunch of computers dedicated to mining bitcoin years back and have been into crypto for a while now. I regret selling my old bitcoins back when it was only $80.

Users browsing this thread: 6 Guest(s)