Here is the example of why I am not trading Bitcoin or any other crypto currency.
Below you can see a graph that shows Bitcoin rise and fall (all time chart, a year chart and a week old chart).
Personally I see it as a really bad investment right now, next stop is probably at 2000.
Bitcoin fall maybe related to the market sell off right now. A lot of people bought Bitcoin with hopes it will rise. And when it started falling, people sold their stocks to cover the debt that they went into to buy the Bitcoin.