STT
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April 05, 2024, 11:36:16 PM Last edit: April 08, 2024, 12:17:02 AM by STT Merited by JayJuanGee (1) |
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Dont forget the most vital of all, Hold Hold Hold. Its literally gold standard advice that you will just do better holding onto something rather the constant speculation as to buy or sell. Very few people should speculate rather then hold because not many of us are of that caliber to do better then the market. Also you will just have your own priorities when to buy or sell which conflict with the actual best timing in the cycle, your ability to be objective is unlikely to remain intact unfortunately.
The best advice is certainly hold onto a well performing asset, despite all the steep negative declines BTC has had along the way its overall done incredibly well. It does not make sense to sell a high performing asset in order to hold Dollars which are like candy floss in the rain comparatively. If you mean to consume it immediately then sure people I get have bills to be paid but in general don't sell don't imagine you are a great speculator of assets, commodities or anything in particular.
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dunfida
Legendary
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Merit: 1147
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April 06, 2024, 01:21:49 PM |
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Dont forget the most vital of all, Hold Hold Hold. Its literally gold standard advice that you will just do better holding onto something rather the constant speculation as to buy or sell. Very few people should speculate rather then hold because not many of us are of that caliber to do better then the market. Also you will just have your own priorities when to buy or sell which conflict with the actual best timing in the cycle, your ability to be objective is unlikely to remain intact unfortunately.
The best advice is certainly hold onto a well performing asset, despite all the steep negative declines BTC has had along the way its overall done incredibly well. It does not make sense to sell a high performing asset in order to hold Dollars which are like candy floss in the rain comparatively. If you mean to consume it immediately then sure people I get bills have to be paid but in general dont sell dont imagine you are a great speculator of assets, commodities or anything in particular.
Holding would really be just that totally be depending on the coins that you are holding whether it would really be worth the hold or not, we do know that when it comes to long term then we would really be definitely be going for Bitcoin and some top L1's that we do have currently on the market on which it would really be that something that depends into your choice but we arent that not numb on not to see on how these coins fly out with colors all over the years that has passed.It is really just that there are really those people who cant really be able to bare up on holding up for too long. This is why they cant really be able to hold up their position for too long and when market did have that kind of bullish run then this is where they would really be starting on sharing up their regrets and those sad words that they should have done this and that.
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Gaza13
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 06, 2024, 02:54:31 PM Merited by JayJuanGee (1) |
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What's your take on this? Given the period we're in is it buy time or sell time?
You buy Bitcoin, sell Bitcoin, not buy time or sell time. This bull run will last many months and it's time for you to buy if you react as an investor and plan to spend your money for investment in more than 6 months or 1 year. Buying and holding it, don't selling it around this time. It's not time for selling Bitcoin. Don't sell your Bitcoin to Wall Street. Yes, if we already know what investment is, especially a strong asset like bitcoin. Of course, I personally will hold it as long as possible and there is no need to panic if there is a big decline. I will buy it again every month or with the dca technique I don't think about today but how I think about the future for my descendants in the future. If you sell it and panic in a falling price position, the more profitable are big investors, they will buy or buy back this asset and add to their assets, they don't care about other people's things. What they think about is how they can have as many of these assets as possible for them. They understand this asset is very rare.
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JayJuanGee
Legendary
Online
Activity: 3822
Merit: 10738
Self-Custody is a right. Say no to"Non-custodial"
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April 06, 2024, 04:21:49 PM |
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Dont forget the most vital of all, Hold Hold Hold. Its literally gold standard advice that you will just do better holding onto something rather the constant speculation as to buy or sell. Very few people should speculate rather then hold because not many of us are of that caliber to do better then the market. Also you will just have your own priorities when to buy or sell which conflict with the actual best timing in the cycle, your ability to be objective is unlikely to remain intact unfortunately.
The best advice is certainly hold onto a well performing asset, despite all the steep negative declines BTC has had along the way its overall done incredibly well. It does not make sense to sell a high performing asset in order to hold Dollars which are like candy floss in the rain comparatively. If you mean to consume it immediately then sure people I get bills have to be paid but in general dont sell dont imagine you are a great speculator of assets, commodities or anything in particular.
Holding would really be just that totally be depending on the coins that you are holding whether it would really be worth the hold or not, we do know that when it comes to long term then we would really be definitely be going for Bitcoin and some top L1's that we do have currently on the market on which it would really be that something that depends into your choice but we arent that not numb on not to see on how these coins fly out with colors all over the years that has passed.It is really just that there are really those people who cant really be able to bare up on holding up for too long. This is why they cant really be able to hold up their position for too long and when market did have that kind of bullish run then this is where they would really be starting on sharing up their regrets and those sad words that they should have done this and that. There is no such thing as "top L1s" except for bitcoin. So hopefully members are not so retarded as to hold any more than 10% of the size of their bitcon holdings in various shitcoins .. and 10% would be the max for guys who cannot resist but to gamble, which is what you are doing with any shitcoin(s) that you choose to hold.. and another thing, don't be trying to cheat by continuing to invest into shitcoins (by reallocating and engaging in various other potential loopholes to put more value into shit that you are not even able to name - except for claiming that they are "top L1" which is just a bullshit kind of an idea anyhow) when they are losing value unless you might be injecting new money into shitcoins, then surely you could buy up to 10% with your new money for any amount of shitcoins that would be measured from the new money that you would end up putting into bitcoin and then allowing yourself to put up to 10% of that new money value into various shitcoins... .and surely with any gambler, they may well find ways to allocate more into their gambling habit than they should be doing, so hopefully, for your own good, you are able to figure out ways to limit your temptations to gamble into the shiny objects that are known as shitcoins... but yeah, shitcoiners and gamblers are going to shitcoin/gamble.
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1) Self-Custody is a right. There is no such thing as "non-custodial" or "un-hosted." 2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized. 3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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Rabata
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What's your take on this? Given the period we're in is it buy time or sell time?
You buy Bitcoin, sell Bitcoin, not buy time or sell time. This bull run will last many months and it's time for you to buy if you react as an investor and plan to spend your money for investment in more than 6 months or 1 year. Buying and holding it, don't selling it around this time. It's not time for selling Bitcoin. Don't sell your Bitcoin to Wall Street. Yes, if we already know what investment is, especially a strong asset like bitcoin. Of course, I personally will hold it as long as possible and there is no need to panic if there is a big decline. I will buy it again every month or with the dca technique I don't think about today but how I think about the future for my descendants in the future. If you sell it and panic in a falling price position, the more profitable are big investors, they will buy or buy back this asset and add to their assets, they don't care about other people's things. What they think about is how they can have as many of these assets as possible for them. They understand this asset is very rare. In this context I can say that we should learn from past experiences. Those who failed to hold Bitcoin in 2018 realized in 2021 what level of assets Bitcoin is. And those who will make mistakes in 2024 despite knowing the fact, they will be understand their mistakes by 2025. But Bitcoin is not for 1 or 2 years profit hunting assets but a potential asset for long term. People who hold bitcoins for small profits never realize the importance of long term bitcoin holdings. None of us know when Bitcoin will be at its most bullish, but only long-term holders will have that chance. Accumulating bitcoins for the long term with DCA is the only way through which investors will be able to realize their goals.
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JayJuanGee
Legendary
Online
Activity: 3822
Merit: 10738
Self-Custody is a right. Say no to"Non-custodial"
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 06, 2024, 06:42:36 PM |
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What's your take on this? Given the period we're in is it buy time or sell time?
You buy Bitcoin, sell Bitcoin, not buy time or sell time. This bull run will last many months and it's time for you to buy if you react as an investor and plan to spend your money for investment in more than 6 months or 1 year. Buying and holding it, don't selling it around this time. It's not time for selling Bitcoin. Don't sell your Bitcoin to Wall Street. Yes, if we already know what investment is, especially a strong asset like bitcoin. Of course, I personally will hold it as long as possible and there is no need to panic if there is a big decline. I will buy it again every month or with the dca technique I don't think about today but how I think about the future for my descendants in the future. If you sell it and panic in a falling price position, the more profitable are big investors, they will buy or buy back this asset and add to their assets, they don't care about other people's things. What they think about is how they can have as many of these assets as possible for them. They understand this asset is very rare. In this context I can say that we should learn from past experiences. Those who failed to hold Bitcoin in 2018 realized in 2021 what level of assets Bitcoin is. And those who will make mistakes in 2024 despite knowing the fact, they will be understand their mistakes by 2025. But Bitcoin is not for 1 or 2 years profit hunting assets but a potential asset for long term. People who hold bitcoins for small profits never realize the importance of long term bitcoin holdings. None of us know when Bitcoin will be at its most bullish, but only long-term holders will have that chance. Accumulating bitcoins for the long term with DCA is the only way through which investors will be able to realize their goals. You are correct about the need to continue to accumulate BTC through whatever methods that you can, including but not limited to DCA - yet I am not sure about your assessment that normies learn their lessons by witnessing various kinds of past BTC price moves, because it seems that there are a decent number of folks who continue to fail/refuse to learn lessons in regards to BTC accumulation and that is part of the reason why anyone getting into bitcoin and continuing to accumulate BTC until he has accumulated enough (or more than enough) are still early to the whole assessment regarding where bitcoin is in the world as compared to other assets and/or currencies. The correct lesson to learn seems to be to accumulate BTC and/or to get started ASAP accumulating BTC, yet I expect that the overwhelming majority of the world's population have not figured that out, even though some of them have actually witnessed some aspects of BTC past price performance.
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1) Self-Custody is a right. There is no such thing as "non-custodial" or "un-hosted." 2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized. 3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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Pi-network314159
Sr. Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 322
Merit: 250
[btc] or nothing more 📈💹 up we go
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April 06, 2024, 07:00:04 PM |
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Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after, the said coin drops in value, or someone sells his coin for a certain rate and then it appreciates just after. What's your take on this? Given the period we're in is it buy time or sell time?
Your topic of discussion is talking more of trading which might not be necessary for some people expecially those Bitcoin accumulators. That is why holding bitcoin is more important. Most people buy and sell due to being afraid of price dip, and they end up losing some reasonable amount. and most times the coin they buy mostly is shitcoin which we all know that they have no potential. They may rise and make people to invest and dump at any given time. What we should be thinking right now is to buy and HODL Bitcoin because bitcoin is the most vital and important asset that everybody needs to have in there wallet. Having a few amount of bitcoin is better than having billions of shicoin without potential.
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JayJuanGee
Legendary
Online
Activity: 3822
Merit: 10738
Self-Custody is a right. Say no to"Non-custodial"
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 06, 2024, 07:30:46 PM |
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Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after, the said coin drops in value, or someone sells his coin for a certain rate and then it appreciates just after. What's your take on this? Given the period we're in is it buy time or sell time?
Your topic of discussion is talking more of trading which might not be necessary for some people expecially those Bitcoin accumulators. That is why holding bitcoin is more important. Most people buy and sell due to being afraid of price dip, and they end up losing some reasonable amount. and most times the coin they buy mostly is shitcoin which we all know that they have no potential. They may rise and make people to invest and dump at any given time. What we should be thinking right now is to buy and HODL Bitcoin because bitcoin is the most vital and important asset that everybody needs to have in there wallet. Having a few amount of bitcoin is better than having billions of shicoin without potential. This post seems to contradict your other post in the Road to $100k thread Pi-network314159, in which I responded in a quite critical way of what I believed you to have been proclaiming in regards to an expectation to a BTC dip in your post therein.. or your therein expressed (seemingly lopsided) expectation that BTC prices could not end up just going up from here without any further price correction.
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1) Self-Custody is a right. There is no such thing as "non-custodial" or "un-hosted." 2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized. 3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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I_Anime
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 06, 2024, 07:46:29 PM |
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What's your take on this? Given the period we're in is it buy time or sell time?
You buy Bitcoin, sell Bitcoin, not buy time or sell time. This bull run will last many months and it's time for you to buy if you react as an investor and plan to spend your money for investment in more than 6 months or 1 year. Buying and holding it, don't selling it around this time. It's not time for selling Bitcoin. Don't sell your Bitcoin to Wall Street. Yes, if we already know what investment is, especially a strong asset like bitcoin. Of course, I personally will hold it as long as possible and there is no need to panic if there is a big decline. I will buy it again every month or with the dca technique I don't think about today but how I think about the future for my descendants in the future. If you sell it and panic in a falling price position, the more profitable are big investors, they will buy or buy back this asset and add to their assets, they don't care about other people's things. What they think about is how they can have as many of these assets as possible for them. They understand this asset is very rare. In this context I can say that we should learn from past experiences. Those who failed to hold Bitcoin in 2018 realized in 2021 what level of assets Bitcoin is. And those who will make mistakes in 2024 despite knowing the fact, they will be understand their mistakes by 2025. But Bitcoin is not for 1 or 2 years profit hunting assets but a potential asset for long term. People who hold bitcoins for small profits never realize the importance of long term bitcoin holdings. None of us know when Bitcoin will be at its most bullish, but only long-term holders will have that chance. Accumulating bitcoins for the long term with DCA is the only way through which investors will be able to realize their goals. You are correct about the need to continue to accumulate BTC through whatever methods that you can, including but not limited to DCA - yet I am not sure about your assessment that normies learn their lessons by witnessing various kinds of past BTC price moves, because it seems that there are a decent number of folks who continue to fail/refuse to learn lessons in regards to BTC accumulation and that is part of the reason why anyone getting into bitcoin and continuing to accumulate BTC until he has accumulated enough (or more than enough) are still early to the whole assessment regarding where bitcoin is in the world as compared to other assets and/or currencies. The correct lesson to learn seems to be to accumulate BTC and/or to get started ASAP accumulating BTC, yet I expect that the overwhelming majority of the world's population have not figured that out, even though some of them have actually witnessed some aspects of BTC past price performance. Exactly, despite the performance of Bitcoin the past years. Some people at there haven't learned anything that they are missing out big time . Most are there waiting for a huge drop in price (which may not happen ) before they would take action in accumulating bitcoin, while some are still having the mindset that Bitcoin is going to crash ( which is not possible), and some are being decieved with the urge of investing in shitcoins only , with the thought of making alot of profit (mehh that's just greed because you may endup getting yourself reckt with such act). All this are just wrong, one should start his accumulation of Bitcoin now , and leave the status of being called a no coiners, as they have seen the previous performance of Bitcoin in the past years, which shows that bitcoin ain't waiting for no one it will keep on growing, gaining more adoption while you keep on missing out big time, while those to have some stash in their portfolio would keep on being a testifies of the growth of Bitcoin.
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Cryptoprincess101
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 07, 2024, 03:08:18 AM |
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Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after, the said coin drops in value, or someone sells his coin for a certain rate and then it appreciates just after. What's your take on this? Given the period we're in is it buy time or sell time?
Every time is always a buying time for Bitcoin so far as you are a long term investor, you will surely make profits in the long run and for me the best time to sell is when the price have surpassed previous ATH then you can decide to sell part of your coin but it must not be all because you can sell your coin when the price gets a new ATH and afterwards the price increases further but the best time to buy more is during the bear season then you can use the DCA to keep accumulating on a regular basis.
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JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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April 07, 2024, 04:19:12 AM |
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Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after, the said coin drops in value, or someone sells his coin for a certain rate and then it appreciates just after. What's your take on this? Given the period we're in is it buy time or sell time?
Every time is always a buying time for Bitcoin so far as you are a long term investor, you will surely make profits in the long run and for me the best time to sell is when the price have surpassed previous ATH then you can decide to sell part of your coin but it must not be all because you can sell your coin when the price gets a new ATH and afterwards the price increases further but the best time to buy more is during the bear season then you can use the DCA to keep accumulating on a regular basis. Who gives any shits about the best time or the worst time. If you are new to bitcoin, then you don't have any BTC right now and you have to decide whether you are going to buy or not. Surely those who already bought bitcoin at various times could well be attempting to decide if they should sell now; however, merely because they bought bitcoin at lower prices does not necessarily mean that they should be selling any of it, especially if they make an assessment of their BTC holdings and their situation and they determine that they do not have enough. If a person has determined that s/he does not have enough then they do not get more by selling it, so then the ONLY way forward is to buy, and therefore to figure out whether to buy now or to wait, and surely it does not seem to make sense to prepare for BTC prices going up by waiting.. .. so then it will still come back to an assessment that each person has to make in regards to whether he has enough or not.. and surely as a general principle, the overwhelming majority of regular people do not have enven close to enough BTC, which is part of the result of an assessment that bitcoin still has pretty low adoption, such as in the 1% arena, and perhaps even less, so generally speaking around 99% of the world's population does not have enough bitcoin, so sure, you could still determine that you actually have enough, yet I doubt that is the case for an overwhelming majority of people.. .. And, yeah sure there might be a decent number of forum members who have enough, but even that seems to not be the case.. and I suspect a decently sized number, probably even a majority of forum members do not have enough BTC.. .whether they realize it or not.
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1) Self-Custody is a right. There is no such thing as "non-custodial" or "un-hosted." 2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized. 3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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FinePoine0
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April 07, 2024, 05:25:24 AM |
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Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after, the said coin drops in value, or someone sells his coin for a certain rate and then it appreciates just after. What's your take on this? Given the period we're in is it buy time or sell time?
Every time is always a buying time for Bitcoin so far as you are a long term investor, you will surely make profits in the long run and for me the best time to sell is when the price have surpassed previous ATH then you can decide to sell part of your coin but it must not be all because you can sell your coin when the price gets a new ATH and afterwards the price increases further but the best time to buy more is during the bear season then you can use the DCA to keep accumulating on a regular basis. Bitcoin investment is a powerful asset, this asset can be left for the future and future generations. Because this digital asset will seem modern as it moves into the future. Bitcoin is created in such a way that it holds the highest position among digital assets. So no investor should neglect to hold this asset for a long time, everyone should try hard enough to hold Bitcoin as it is a huge and valuable asset in the future. So if one can't save it by accumulated money then surely you try to hold it for long time using DCA method. The only way to hold your Bitcoins is through the DCA method.
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Tmoonz
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April 07, 2024, 07:16:43 AM |
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Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after, the said coin drops in value, or someone sells his coin for a certain rate and then it appreciates just after. What's your take on this? Given the period we're in is it buy time or sell time?
Every time is always a buying time for Bitcoin so far as you are a long term investor, you will surely make profits in the long run and for me the best time to sell is when the price have surpassed previous ATH then you can decide to sell part of your coin but it must not be all because you can sell your coin when the price gets a new ATH and afterwards the price increases further but the best time to buy more is during the bear season then you can use the DCA to keep accumulating on a regular basis. Bitcoin investment is a powerful asset, this asset can be left for the future and future generations. Because this digital asset will seem modern as it moves into the future. Bitcoin is created in such a way that it holds the highest position among digital assets. So no investor should neglect to hold this asset for a long time, everyone should try hard enough to hold Bitcoin as it is a huge and valuable asset in the future. So if one can't save it by accumulated money then surely you try to hold it for long time using DCA method. The only way to hold your Bitcoins is through the DCA method.Which ever method to be used will be best known to the investor in terms of his or her physiological and financial situation, investment goals and objectives inclusively. However, the method of buying and holding your Bitcoin may not really matters but what matters is the size of your Bitcoin and how long can you be able to hodl, your ability to have a sizeable Bitcoin investment and your ability to hodl as long as possibly 5 to 10 years or more, you can lump sum, or use the dca method or probably combination of both and this will tailored down by each investor in such a way it will suits them in terms of physiological/financial situation including their investment goals and objectives such that what the question Will be at the end of the day will be how much of Bitcoin do you have and how long can you be able to hodl.
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Dorkylickjj (OP)
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April 07, 2024, 09:55:24 AM |
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Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after, the said coin drops in value, or someone sells his coin for a certain rate and then it appreciates just after. What's your take on this? Given the period we're in is it buy time or sell time?
Every time is always a buying time for Bitcoin so far as you are a long term investor, you will surely make profits in the long run and for me the best time to sell is when the price have surpassed previous ATH then you can decide to sell part of your coin but it must not be all because you can sell your coin when the price gets a new ATH and afterwards the price increases further but the best time to buy more is during the bear season then you can use the DCA to keep accumulating on a regular basis. Bitcoin investment is a powerful asset, this asset can be left for the future and future generations. Because this digital asset will seem modern as it moves into the future. Bitcoin is created in such a way that it holds the highest position among digital assets. So no investor should neglect to hold this asset for a long time, everyone should try hard enough to hold Bitcoin as it is a huge and valuable asset in the future. So if one can't save it by accumulated money then surely you try to hold it for long time using DCA method. The only way to hold your Bitcoins is through the DCA method. Which ever method to be used will be best known to the investor in terms of his or her physiological and financial situation, investment goals and objectives inclusively. However, the method of buying and holding your Bitcoin may not really matters but what matters is the size of your Bitcoin and how long can you be able to hodl, your ability to have a sizeable Bitcoin investment and your ability to hodl as long as possibly 5 to 10 years or more, you can lump sum, or use the dca method or probably combination of both and this will tailored down by each investor in such a way it will suits them in terms of physiological/financial situation including their investment goals and objectives such that what the question Will be at the end of the day will be how much of Bitcoin do you have and how long can you be able to hodl. You know any method we use in accumulating bitcoin has an impact on our portfolio, from my research and observations the DCA method helps reduce the impact of market volatility on our portfolio and unlike lump sum that is just a one time whole buy and if you had bought in a very high price when the dip comes yoir portfolio would be on a big lose although not permanent but for newbies just getting into bitcoin that could be quite the headache for them, so the DCA strategy would be a better accumulation method for a newbie cause he would have to worry less on how his portfolio is doing and just focus more on buying only. Yeah everyone must figure out the best way they which to accumulate that suites them based on their financial capability, but any strategy can be used by anyone and its not as tho the DCA strategy is only for people with little capital, its just dividing your capital into parts and buying at intervals, so even someone with huge income cam use it and still be very successful at it.
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JiiBs
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April 07, 2024, 10:07:02 AM |
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What's your take on this? Given the period we're in is it buy time or sell time?
I think it’s strictly up to the individual investor to determine what’s his or her purpose for investing. Don’t know if there are those that invest with the hope of taking the profits from time to time to get by the day but, that would be a bad approach towards Bitcoin investment as I see it now. It leads to panic at every red candle you see on the charts, you don’t want to loss and that’s an impossible to investment. That’s why it’s advised that you invest with spare money. It in a way prepares you for anything and everything and you don’t get scared of taking the risk to watch how every season to the market unfolds. I think someone whom is already armed with the knowledge that the market rises and falls have no reason to be scared of red candles. Especially when your in this for a long term investment. You wait it out and after a dump, the pump would surely come and boom, your back to profit. That’s what it’s Gould be about, the patience for your ideas to play out.
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Natsuu
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April 07, 2024, 10:42:05 AM |
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Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after, the said coin drops in value, or someone sells his coin for a certain rate and then it appreciates just after. What's your take on this? Given the period we're in is it buy time or sell time?
Every time is always a buying time for Bitcoin so far as you are a long term investor, you will surely make profits in the long run and for me the best time to sell is when the price have surpassed previous ATH then you can decide to sell part of your coin but it must not be all because you can sell your coin when the price gets a new ATH and afterwards the price increases further but the best time to buy more is during the bear season then you can use the DCA to keep accumulating on a regular basis. It's just normal because timing the market is difficult. You may buy at the right time, yet market price creates a short term correction to stop you out before rallying higher. Or the other way around, you may sell at the moment, then price would rally short term to take you out before creating a dip. One key to that is to not pick top and bottoms. Just ride with the trend. Don't sell back your position if you have strong conviction that price is going higher. Don't get confuse because the market is built that way and that is to manipulate price before going to its real direction. Hold until target is met, only sell when your initial idea is already invalidated.
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Manlikefrank1
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April 11, 2024, 09:03:50 PM |
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Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after, the said coin drops in value, or someone sells his coin for a certain rate and then it appreciates just after. What's your take on this? Given the period we're in is it buy time or sell time?
When you talk about Bitcoin is often considered a strongest investment option for different ways and buying and selling in a long run is very important in bitcoin. Let take it was the first cryptocurrency and remains the most widely recognized and accepted, giving it greater liquidity and market stability compared to other cryptocurrencies around the crypto space Bitcoin has a limited supply, with only 21 million coins ever to be mined, which can potentially drive up its value over time due to scarcity. Additionally, Bitcoin is often seen as a store of value and a hedge against inflation, making it attractive to investors seeking to diversify their holdings.me I prefer to hold bitcoin and sell in the long run because it worth all it take to gain from it in a long run.
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Dave1
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April 11, 2024, 09:37:48 PM |
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Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after, the said coin drops in value, or someone sells his coin for a certain rate and then it appreciates just after. What's your take on this? Given the period we're in is it buy time or sell time?
When you talk about Bitcoin is often considered a strongest investment option for different ways and buying and selling in a long run is very important in bitcoin. Let take it was the first cryptocurrency and remains the most widely recognized and accepted, giving it greater liquidity and market stability compared to other cryptocurrencies around the crypto space It's the prime mover, no doubt about it, but it terms of ROI, there could be a lot of altcoins that can give us that. But the problem is that it's hard to find and there is greater risk. As compare to Bitcoin wherein we can accumulate and look for the long term perspective of it. Bitcoin has a limited supply, with only 21 million coins ever to be mined, which can potentially drive up its value over time due to scarcity. Additionally, Bitcoin is often seen as a store of value and a hedge against inflation, making it attractive to investors seeking to diversify their holdings.me I prefer to hold bitcoin and sell in the long run because it worth all it take to gain from it in a long run.
And with the incoming block halving, the demand will surely go up as the supply is dwindling and be scarce as ever. So for me, it is still buy region even if we are in the $70k'ish. The bull run is incoming, there are still a good chance that we double our money in the next couple of years.
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Kwarkam
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April 12, 2024, 12:27:11 AM |
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Have you been trading the whole time that you have been in bitcoin? Do you think trading outperforms buying and accumulating?
IMO, buying and accumulating appears to be in line with Bitcoin's behaviour. As the profit piles over a long term, and as such fits a long term investor. Holding over a short term could curtail losses, or the risk of it spikes by a lot. What I mean is over a short time, there could be fluctuation in btc price, but then we know that in the long run it's going higher, for sure. ... but sure everyone has their techniques and hopefully you are able to reach your goals and/or to build your BTC stash, but yeah if you don't recognize BTC as valuable, you might be spending too much time stacking dollars rather than stacking sats and that is likely NOT going to end up being as good of a place to be, even if it may well take a bit of time to build up a decent-sized BTC stash.
Yeah, which would still end up being worth it. Buying and accumulating vividly outperforms trading, and yes, when you keep trading you find that you're accumulating the wrong currency.
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vs2014
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April 12, 2024, 06:53:23 PM |
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All of these problems can occur to many investors because I mean you have little real experience with crypto. See if you could have done good altcoins or bitcoin holding earlier this year you could have sold with huge profit at this time. On the other hand some people are afraid and they think the market can crush at any time so they don't just invest in the market to enjoy the right profit time. Strengthen your attitude and think about what you want to do.
Always open to being able to sell it now, at that time you bought it at the beginning of last year or maybe at the beginning of this year, because the price was higher and, of course, you already made a profit, but was that enough profit to be made? had remember that the upgrade is not finished as it has just begun. Yes, of course, it is normal for what you say. There are those who are afraid and think the price will be corrected again. Everyone will also experience that because they see the profits that are right in front of their eyes. Once again, always analyze carefully before doing what you do, because what you do could be wrong. But there's no need to worry because the halving period hasn't happened yet, which is when the increase will occur. There are many investors who cannot invest due to the fear of price correction and many times lose the dip price. But i am always more busy with trading during pump time in crypto market because that is when best profit can be made. Many tokens have increased in price several times during this time so if you buy tokens now at this time there is a possibility of a big loss. Also bitcoin can reach the level of a big dump so it will make you think twice. I want all investments to be profitable so you need to experience this.
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