Is it still safe to trade bitcoin these days?

[aji678]

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.

for the time being the market is getting crowded because bitcoin is approaching halving. this phenomenon seems familiar to all of us. bitcoin trading is still safe, that's all I've experienced.

[alvi6]

Yes this is not a bad time for trading bitcoin, But if you trade smartly. Not always looks in traditional trading only but Future trading of Bitcoin and stock is also much effective specially in this kind of shaky market, I found and exchange which offers future trading with both crypto and stokes pairs. Always be positive.

[SRShanuka2020]

No matter how Risky I am, I am still trading Bitcoin. It is because it is considered safe.

[Vx1]

Bitcoin trading does have a very high risk, because the decline in coin prices can happen at any time. But the advantage of Bitcoin trading is the fluctuating price of Bitcoin, so prices can go up quickly and anytime. The key is to wait patiently when prices are down, and don't sell cheap.
This means that trading Bitcoin is still very safe.

[sampoerna]

No matter how Risky I am, I am still trading Bitcoin. It is because it is considered safe.

Yeah, basically Bitcoin is a safe coin to trade or invest any time. So, it makes sense if you said that you will always trade Bitcoin. But in fact, Bitcoin isn't too risky than other coins. The riskiest coins are new altcoins, got from ICOs, this kind of coins possibly ends very early on market.

[sirty143]

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.

Is there an instance, and or occasion that trading Bitcoin is not safe? It's normal Bitcoin holders, especially those, or the so-called Bitcoin Whales (holders of large amounts of bitcoin... around 40% of the market) are selling their held coins when the price it up, then buy them again when the price is low. They have total control over the market, actually.

[dodok]

in my opinion for now this is the right and safe time to invest in bitcoin because now investors have started to trust again in bitcoin and this will make bitcoin prices go up and for now bitcoin enthusiasts are starting to get a lot so that bitcoin supply is running low and automatic bitcoin prices will  skyrocketed again

[mlawson71]

I don't think that people trading on the market are generally looking for safety. This is not an exact science and there is always risk involved.

[UNIVERSE]

I don't think that people trading on the market are generally looking for safety. This is not an exact science and there is always risk involved.

Yes, you are right. Crypto market has many risks and the trends cannot be predicted as an exact science. People must know that joining crypto trading should have many risks to lose, so don't only focus on profits. Traders need a specific strategy to do activities safer. Regarding Bitcoin, it is volatile and risky, but seems much better than others.

[mlawson71]

That applies to all types of trading, fiat currencies and commodities too.

[SRShanuka2020]

Trading Bitcoins is never insecure. Because at any time, even though it is a bear market, even though the bull market is always a risk.

[carcas]

I see that bitcoin is very cheap now compared to the number of users and if the market recovers it is possible that bitcoin will increase. If you want to buy bitcoin at a relatively cheap price, you should buy now and use it as a long-term investment

[Michael.sol]

In these day's we see that Crypto market volatile too much in market , this is really a great time for those who have good money to invest as well good experience in marketings . For beginner I will never recommend to invest there money in market.

[four]

Bitcoin trading is always safe but cryptocurrency training is always risky because cryptomarket is always high fluctuate so keep watch the market conditions and keep trade on this coin.

[Confero]

Trading Bitcoin will always have a big risk, because the price of Bitcoin can go down very fast. Especially at a time like this, we are always overshadowed by the collapse of Cryptocurrency because of the current global economic collapse. 
But remember, behind the very high risk of losing Bitcoin trading also provides great profit expectations. The conclusion is that bitcoin trading is still very safe, but we must be careful.