₦airaland Forum

Considering the Bitcoin trend lately, is it advisable to Day trade bitcoins or hold with the hope that it keeps appreciating?[b][/b]

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.

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:
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.

RedimIT:
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.

That's his own best prediction...his own belief that holds no solid explanations and evidences.

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%

RedimIT:
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.

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.

Hmm quite interesting. Thank you for your inputs on this. It was quite insightful

namedo:
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%