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Author Topic: Is it still safe to trade bitcoin these days?  (Read 10552 times)

Offline warriortg

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Is it still safe to trade bitcoin these days?
« on: April 02, 2020, 08:36:42 PM »
Hello. I would like to ask your opinion if it is still safe to trade bitcoin now. According to the trader, it is best to do it now. And the reason why bitcoin went down was because many holders are selling it these days.

Appreciate if you can enlighten me.
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Is it still safe to trade bitcoin these days?
« on: April 02, 2020, 08:36:42 PM »

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Offline trauchot

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Re: Is it still safe to trade bitcoin these days?
« Reply #1 on: April 03, 2020, 10:39:06 AM »
While the bitcoin price is still small, you can make very good money on this, do not forget that next month there will be bitcoin halving and the price of bitcoin will have to rise, so now is a good time to invest in bitcoin.
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Offline Master107

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Re: Is it still safe to trade bitcoin these days?
« Reply #2 on: April 03, 2020, 02:36:34 PM »
Now is the right time to buy bitcoin.
Honestly I want to buy bitcoin but it is just a dream because I do not have enough money to avail. If you have money now, buy bitcoin while it is at $7,000 maybe next month it will increase. Bitcoin is for long time investment.

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Re: Is it still safe to trade bitcoin these days?
« Reply #3 on: April 03, 2020, 05:10:13 PM »
Hello. I would like to ask your opinion if it is still safe to trade bitcoin now. According to the trader, it is best to do it now. And the reason why bitcoin went down was because many holders are selling it these days.

Appreciate if you can enlighten me.

Yeah friend, you can actually trade bitcoin now whether in bear or bull time market periods. I advance that trading is not only on bear time because the price of bitcoin are known to fluctuate and it has been proven to be unpredictable.
Now, when you think that the prices is low, that may be probably when prices goes down further, In think that  generally, there may not br any particular buying low or high because prices can go ether ways.

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Offline Millionaire

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Re: Is it still safe to trade bitcoin these days?
« Reply #4 on: April 04, 2020, 04:02:22 PM »
now is the right time to trade bitcoin at a low price. opportunities like this we must take advantage of for profit. currently the world economy is in crisis due to a virus, so that not many people trade bitcoin.
when we buy bitcoin now and hold it back until the economy improves, chances are that bitcoin prices will soon rise.
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Offline Seerge

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Re: Is it still safe to trade bitcoin these days?
« Reply #5 on: April 04, 2020, 06:37:25 PM »
The price of Bitcoin is down, as a trader we must be able to take advantage of situations like this.  Buy while the price is cheap and HOLD until the price rises and benefit from your trade.  No need to panic with the current situation, Trading Bitcoin is still safe and we can still benefit.

Offline DogeTalk

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Re: Is it still safe to trade bitcoin these days?
« Reply #6 on: April 05, 2020, 03:16:51 AM »
More precisely buying bitcoin now is a good idea for long-term investment. The price of bitcoin is now cheap and potentially will increase. So don't leave your chance to get a big profit

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Re: Is it still safe to trade bitcoin these days?
« Reply #6 on: April 05, 2020, 03:16:51 AM »


Offline Alcor

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Re: Is it still safe to trade bitcoin these days?
« Reply #7 on: April 06, 2020, 07:58:49 AM »
After a sharp drop in the price of bitcoin on March 12 to five thousand dollars, its price has been slowly rising to the present and now, according to CoinMarketCap, it is 6862 dollars. In connection with the expected May events to halve the remuneration of miners, as well as the possible onset of the global economic crisis, the price of bitcoin, as well as the entire cryptocurrency market, should increase significantly this year. Therefore, it would be very reasonable to buy bitcoins while they are still at such a relatively low price.
As for security in trading, it depends more on the individual skills and experience of the trader.

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Offline ShadowCrypto

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Re: Is it still safe to trade bitcoin these days?
« Reply #8 on: April 06, 2020, 08:27:48 AM »
Yes, But if you want to HODL some Crypto, aways use a trusted wallet, do not use any exchange as your main wallet, never.

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Re: Is it still safe to trade bitcoin these days?
« Reply #9 on: April 06, 2020, 08:53:20 AM »
I think no one can guarantee that the price of Bitcoin will be safe. However, I see that the Bitcoin price is easy to move fast. So if the price goes down and we are experiencing losses is risk. But if the price of Bitcoin rises and you benefit, of course, the strategy you use is successful.

A few days after Bitcoin collapsed and slowly the Bitcoin price rose. So with prices up and down, traders will benefit. Today you should try to trade because of the potential to gain enormous profit.

Offline mlawson71

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Re: Is it still safe to trade bitcoin these days?
« Reply #10 on: April 06, 2020, 03:26:32 PM »
It was never safe to trade anything - there is really no safety in this business. These days it's even worse. :(

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Re: Is it still safe to trade bitcoin these days?
« Reply #11 on: April 06, 2020, 04:45:32 PM »
The falling price of bitcoin will be an opportunity to buy, and you can start to make good profits.

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Re: Is it still safe to trade bitcoin these days?
« Reply #12 on: April 06, 2020, 06:42:50 PM »
Trying to buy is the best decision and maybe in the future you will get a profit. You can see that bitcoin is at the lowest price before halving occurs. Make sure you buy before it's too late
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Offline Malam90

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Re: Is it still safe to trade bitcoin these days?
« Reply #13 on: April 07, 2020, 12:19:48 PM »
Hello. I would like to ask your opinion if it is still safe to trade bitcoin now. According to the trader, it is best to do it now. And the reason why bitcoin went down was because many holders are selling it these days.

Appreciate if you can enlighten me.

Why not? Bitcoin is still profitable for trade with any pair specially i would recommend BTC USDT pair. As a trader, you have to be quick decision maker, analyzer of the market and so on. Those who bought BTC in the last few weeks ago below $5000, they are now nearly 50% profits.

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Re: Is it still safe to trade bitcoin these days?
« Reply #14 on: April 07, 2020, 04:53:33 PM »
Bitcoin is secure but it could be not to those who hold. Investing in bitcoin is putting your investment in a safe wallet. This coin is not cheap that you afford to lose. Once you have it make sure that you have your bitcoin wallet to store and hold.
Also it is not safe if the owner of wallet is careless.
Be careful and secure your investment.

 

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