Oatmeal Joey Arnold (@JoeyArnoldVN)

Bitcoin was around 30,000 dollars and recently was up to 40,000. It is going down to 39K currently. My advice is to hold for many decades or as long as possible. It might be possible for some to use apps for selling when it is high but as it begins to go down and then to buy up again as it reaches the bottom as it begins to go back up again. Some programs may allow for this but it requires a good guess of say 5 percent or a magic number. In the settings, in the options, you would have to have to come up with a good guess on how far down or up it should go before the program goes to buy and sell for you. Generally, doing so means the program would own the keys to your coins as long as you do such services. That is another risk. Day trading is dangerous and if you got the time and extra money then you can try but it can be better to invest long-term instead. But if you are lucky with day trading, then good for you but some people will suffer from trying to make money via day trading. If you can do decade-trading and day-trading at the same time, that can be the best of both worlds.