I was thinking of holding as well, but I do see an opportunity here. I am not too familiar with investing, but altcoins could be another investment avenue to make money on the drop and rise of altcoin value.
BTC did drop a lot in the past few hours. But there was a moment in that drop, that the price rose again well over $500 before dropping again. Money could have been made in that moment if someone was really watching closely and bought before the rise, and sold before the drop. Beginning to sound like what a day trader does in the stock market.
My only dilemma is finding a good trading platform to buy and sell with. I was at first using Coinbase, but during this drop and rise of the price, trading was disabled because of platform issues. Not very good for me as a customer.
yep totally agree with you but i was stuck in btc with all money :( and i miss out the drop now i need to wait rise without profit :( That is the market rules ;)
I am fairly new at buying and selling cryptocurrency, but what "market rules" are you referring to. Do you mean at a particular online trading platform, you can buy a altcoin again during a certain period after just selling? Can you elaborate more? I am eager to learn as well as share. Thanks.
Its mean like after every big grow in price how bitcoin made this the last two month should be a big dump like was few days ago :) is doesn't matter is bitcoin or altcoin ;)
Thanks. I understand what you mean. Here's another blog of mine referencing differences in BTC prices between Coinbase and Binance. A $1000 difference. Any thoughts on this?
https://steemit.com/bitcoin/@yomaicoin/coinbase-and-binance-prices-differ
All exchange with fiat currency to btc have high price than real market price ;)
Money was def made at that moment:)