Is it still safe to trade bitcoin these days?

[Rivaldi Kunkun]

Crypto Asset Trading is a high-risk activity. So it's hard to say safe. But if you want to trade of course you can do it. Bitcoin has a movement based on global conditions. In March the Bitcoin price collapsed and many people suffered huge losses. But it does take a long time, the Bitcoin price is back up.

This kind of activity can make a profit. The increase and decrease in the price of Crypto assets make the trader gain profit and also suffer losses. The price of Bitcoin is currently on the rise and is good for you to do trading activities.

[mlawson71]

Keep in mind that depending on your jurisdiction your cryptocurrency trading profits are still quite likely to be taxed. Spain is certainly continuing the practice.

[tervel]

The price of the world’s most popular cryptocurrency BTC has recovered somewhat to around $7,230.These extreme fluctuations in the price have many speculators wondering what will happen with Bitcoin next, debt-based government expenditures in response to the Coronavirus pandemic.Everyone decides for themselves.

[Hexsas]

It would be the right choice to use this decline to buy at a cheap price, bitcoin will be able to move up and give good results.

[I-Bit]

Why not to trade! Safe or not depends on how we trade the Bitcoin. I see that Bitcoin is always going down and up daily. It is a chance for us to take profits. Bitcoin price isn't always in bad rate, it can increase to better or higher price daily.

[Shahinaz]

when it's the right time to buy bitcoin when prices are 50% lower than the highest price, right now I don't think it's possible to invest, because the price has reached 6800 $, but if you want to test your guts and believe it will be 10k $ why not

[Malam90]

I will say investment in Bitcoin is safe for long run until it reaches $10000. Don't hesitate to invest below $8000. Besides this, you can trade Bitcoin USDT pair. You can buy at price $6800 and order place sell at $7500. It will goes any time.

[pelana vreo]

When you see the price of Bitcoin going down, of course, anyone who has a lot of experience in trading will buy it cheap, but all of that is a difficult choice when we buy bitcoin at a high price and then see it go down, in April the price of Bitcoin is still at under $8k, but the price may go down if the number of requests decreases, I hope the price can reach $10k before Halving is done 

[Andruha1993]

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.

[Bobcrypto]

Yes, bitcoin is very safe to trade whether on bear or bull market peroids. Infact, Bitcoin has proven to be very legit, as can be compared with the stock market trading.

[hushpupppy]

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.

It is always safe to trade, because the market is open for all.
The question is, are you trading safely? to trade safely, you must have engaged in some TA and research findings that guarantees you that profit beckons soon anyhow.

Or do you just buy and hope it moons ?

[purpleseven]

No need to doubt Bitcoin because it will make you late to buy Bitcoin when prices are cheap. Bitcoin is more valuable and many want to buy it for use as a long-term investment. So why not buy now?

[alltalk]

There is no problem with Bitcoin, it is the best coin. There will be Bitcoin halving in the near future, it is a good signs for the value of Bitcoin to increase. But how you trade is the question, do you trade with proper ways? If we trade in proper and safe ways, I think there is no problem to trade Bitcoin.

[Shahinaz]

it's never too late to invest in bitcoin.  if you have $ 7,000, and maybe 1/2 of the price of bitcoin you can already have it, don't ever hesitate if you want to invest bitcoin, but you need patience if bitcoin has decreased in price

[sampoerna]

it's never too late to invest in bitcoin.

Indeed. We can begin to invest in Bitcoin anytime if we have some funds. It is still not late to invest or trade in Bitcoin, so don't worry to start now. I am also still a beginner in trading Bitcoin but I am confidence that I can master it gradually.