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Nairaland Forum / Nairaland / General / Investment / To Day Trade Or To Hold/invest Bitcoin (371 Views)
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To Day Trade Or To Hold/invest Bitcoin by RedimIT: 11:17am On Mar 04, 2021 |
Considering the Bitcoin trend lately, is it advisable to Day trade bitcoins or hold with the hope that it keeps appreciating?[b][/b] |
Re: To Day Trade Or To Hold/invest Bitcoin by malcom1X: 11:23am On Mar 04, 2021 |
Bitcoin is going to crash on August when the bear market starts, the time for hodling Bitcoin is over, I believe day trade will give you small profits. There were some pump and dump back in the days I don't know if they still exist. You can invest in real estate now if you have a large amount of Bitcoin. |
Re: To Day Trade Or To Hold/invest Bitcoin by RedimIT: 12:03pm On Mar 04, 2021 |
So are you saying bitcoin investment right now is not a wise decision? Cause we have a lot of pro bitcoin traders advising people to buy and hold once there is the slightest dip. malcom1X: |
Re: To Day Trade Or To Hold/invest Bitcoin by Tenshades(m): 12:22pm On Mar 04, 2021 |
RedimIT: That's his own best prediction...his own belief that holds no solid explanations and evidences. |
Re: To Day Trade Or To Hold/invest Bitcoin by namedo: 5:53pm On Mar 04, 2021 |
You make more money from other upcoming altcoins. Bitcoin will not rise above $100,000 this year. And that's 100% increase but some altcoins rise above 2,000% |
Re: To Day Trade Or To Hold/invest Bitcoin by malcom1X: 8:27pm On Mar 04, 2021 |
RedimIT: The time for buying and hodling is over. I'm not a pro so don't take my word for it. But if I was you or anyone else I'll be making the transition into something else. |
Re: To Day Trade Or To Hold/invest Bitcoin by RedimIT: 8:58am On Mar 09, 2021 |
Hmm quite interesting. Thank you for your inputs on this. It was quite insightful namedo: |
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