Thread: Cryptocurrency
View Single Post
  #34  
Old 31-08-2017, 09:02 AM
Gemcrusader Gemcrusader is offline
Guide
Join Date: Aug 2013
Posts: 574
 
Quote:
Originally Posted by CrystalSong
So you have to watch the stock daily I take it? It's not Buy and Hold?


Well, in this u mainly speculate the coin is going up (alternative coins..)

U can watch daily but u dont have to ofcourse. Its extremely volatile. Im taking a risk to earn some extra and then hold a full bitcoin before the end of 2018. But rather now. Its gonna rocket i think. Because a second wave of speculants is coming now they here bitcoin is so much worth now, just like me. Im an early second wave adopter though. The beginning basicly. Its in this time the most money can be made probably. And ofcourse the first wave of bitcoinholders etc.
Because before this second wave bitcoin was quite stagnant for a couple years.

Edit: but yes, mostly buy and hold. Daytrading i dont recommend. U either win a bit or lose a lot. Plus the frustration of when selling seeing the coin keep going up and to never come down anymore for the day.