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RE: Watch out for traps! (Bitcoin)
Bitcoin is in a good position for day trading right now. If you carefully watch you can buy in the valleys and sell at the peaks several times a day.
Personally, I am mining and holding. My strategy is based on a low threshold for risk and small investment though.
Sounds good .. but it's less profitable now tomorrow you will get a big 1btc = 10000$ it's gonna happen :)
The same number of coins are being mined at $3000 per coin as were at $5000 per coin. So every coin I get at $3000 has a growth potential when it hits $10000.
Absolutely! I have no idea why i see "stop mining now" videos on YT.
If people stop mining I'm fine with that. It opens up more resources at lower prices for me to mine more ;)