bitcoin trading

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bitcoin trading An investment in Bitcoin is a long-term undertaking, often with multiple goals such as portfolio diversification, fiat risk hedging, business or ideological objectives, etc. Bitcoin investors are generally insensitive to price volatility and unlikely to exit their positions, barring some dire eventuality. By contrast, most Bitcoin traders maintain only short-term positions, staying in a trade for a maximum of a few months – but often for no more than a few hours. Bitcoin traders are also extremely price-sensitive, striving for perfect entry and exit prices and abandoning their positions immediately if they prove unprofitable.To the uninitiated, Bitcoin trading probably sounds like this: A dream job, reserved for the fortunate few who trade Bitcoin from home, set their own hours and perform nothing more strenuous than clicking a mouse or watching a screen. The harsh reality? The overwhelming majority of new traders lose money and quit within a year. All those washouts likely thought themselves future members of that exceptional minority of traders who achieve consistent profitability. 74535
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