DealerBTC

LIFUI. O. LOR. #BITCOIN $BTC My Thoughts: Investor or Trader?

Long
BITSTAMP:BTCUSD   Bitcoin
In my opinion Bitcoin is unlikely to trade below $13880 again, unless there is some utter black swan event (on the scale of a nuclear attack). I believe the price is likely to continue it's bull trend to $150,000 from what I can see at the moment. As far as the price goes, I believe one must decide whether one is a trader or investor. As an investor, I believe one should keep the bigger picture in mind, hodl, and keep accumulating. As for the traders, most cannot keep up with the day to day or weekly movements of Bitcoin, but they still try to get an edge on the market - and of course fail. Hence, I believe it is necessary for people to decide whether they are trading or investing. If you've been failing at trading, you will most likely continue to fail. It is my opinion that if you don't have the time, energy, resources, dedication, or even talent, to just give up trading and move to the investing sphere.


This trade idea is not financial advice. I am not a financial advisor of any kind.

Please do your own analysis, responsibly manage your risk, and stay safe.

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