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Author Topic: Buy Buy Buy or Sell Sell Sell?  (Read 4022 times)
Tmoonz
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May 17, 2024, 10:01:57 AM
 #441

Bitcoin is best suited for long-term investment only, as the price of Bitcoin is undergoing small pumps and dumping at the moment. Never worry about this pumping and dumping, think about how to make my investment long-term and have a plan, get more insight and advice to grow my investment. Because the better the plan is, the bigger the bitcoin investment will be, buying bitcoins with the DCA method. Investing in the DCA method will allow you to buy into the deep market at any time, and is definitely a good investment because this long-term investment in Bitcoin is the ultimate asset store. (Like Pipilika builds her nest with small grains of sand) In this way, by investing in DCA method of Bitcoin in small ways, Bitcoin should be increased.
To be able to survive in long-term investments, of course we have to have good planning before deciding to start investing and it is difficult for someone to do it well without having a plan before deciding to invest and if we choose to use the DCA method for the investment we will make, of course this will be the case. we just need to do it consistently so that we can enjoy satisfactory results from the investment we make and I am very confident that we can do it well and survive in the long term.

Any one starting up an investment shouldn't be scared of making mistakes, mistakes are bound to happen but how you were able to navigate your investment after mistake has been done, there always a room for adjustment where and when necessary in ones investment journey, however wanting and planning on how best to go about one investment is good but you don't have to stay too long doing that for experience happens to be the best teacher at most times, so it is best you get fucking started and figure out other things while already in the market.

Hewlet
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May 17, 2024, 10:34:51 AM
 #442

When it comes to investment, we must choose Bitcoin because it is still on top of the list of the highest crypto investments in the world. Although no one guarantees its price growth, it is relatively stable which is one of the reasons for its investment attractiveness. Many new investors may be disappointed with their investments due to the dumping trend in Bitcoin price but they should buy more during this period. The dips price may not last long so buying bitcoins at this time will make you much more profitable in the future.
Agree with your choice, Bitcoin is very suitable for long-term investment and of course Bitcoin has high interest who will always provide support for Bitcoin by buying Bitcoin whatever the price offered on the exchange. Keep increasing the Bitcoin we have for future investment. Never put all your assets in any type of altcoin because it can endanger the trading capital you use.
You are right that BTC should be the first choice of crypto investors. Many currency trading platforms offer various incentives to attract their investment. New investors may get caught in their fraud trap which is undesirable. But there is no need for hype in the case of BTC. Tens of thousands of investors are holding and continuously buying trend even with the solitary efforts of the holders to advance BTC. Shitcoins must be out of the question in investing in BTC, where it can be assumed that it will surely move towards its goal. It is advisable to throw it in the dustbin because it is better to have BTC in a safe investment than a risky one. There will be risk in investing but you should take into consideration the level of risk and even the small amount when deciding to invest in BTC.
When it comes on choosing on which one you would really be that investing into then it would really be just that depending into you on which not all would really be sticking with BTC on which they've seen that they cant really be able to make huge money or profits because making x2 on the current price is already that too slow or something that will really be taking up some time   , but in speaking about security and assurance at least then
majority of people would really be that confident on choosing up Bitcoin yet this one has been trusted all over the decade even up to now.
would you prefer to invest into an asset that pumps up so easily and in no time comes comes crashing down like it never pumped? I guess that this is part of the reason why some folks that want to play too smart end up loosing all their funds into some coins out thier that pumps up in no time and goes off like it never existed. The fact that Bitcoin is taking a while before getting bullish up to ×2 of it current worth should never be a thing of discouragement but rather goes to show the level of consistency it has built overtime, regularly increasing in it value over time making it a surest long term investible asset you can ever think of.

Selling and buying decisions would really be that entirely be that depending into someones preference because when it comes to investment then we do have different targets or goals or simply with those considerations.
You cant really just that make yourself that simply copy out others recommendation and it would be recommended that you should be following on your own rather than on making yourself that too delusional on things.
while it's true that everyone should be in the best position to decide when to buy and the right time to ever consider selling his holding, I don't think it's also wrong to follow up with a general principle that has proven to work overtime with people that have been in the system during previous cycles and have better understanding regarding how the Bitcoin system works. Also, As long as it concerns the consideration of the right buying and selling time for your Bitcoin, it's best to buy when you have the resource, buy when you see a good DIP, buy during the bearish season and sometimes still buy when it's bullish most expecially if you're still at the entry stage of building your portfolio. The best time to sell on the other hand is more of your decision to make and surely, selling at a price that's above the amount you've bought your Bitcoin puts you in profit but to make the best of your Bitcoin investment, it's best you don't just sell because you're in a short term profit region when you've not bought a good chunk of Bitcoin. It's also not right to sell because others re selling considering the fact that everyone has his own investment goal. Only sell when you've reached your goal and I think it's also right to set out the right plan and reasons why you're selling at the time you intend selling so you don't just allow your emotions get the better side of you because you're in a profit region.

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May 17, 2024, 11:09:24 AM
 #443

Bitcoin is best suited for long-term investment only, as the price of Bitcoin is undergoing small pumps and dumping at the moment. Never worry about this pumping and dumping, think about how to make my investment long-term and have a plan, get more insight and advice to grow my investment. Because the better the plan is, the bigger the bitcoin investment will be, buying bitcoins with the DCA method. Investing in the DCA method will allow you to buy into the deep market at any time, and is definitely a good investment because this long-term investment in Bitcoin is the ultimate asset store. (Like Pipilika builds her nest with small grains of sand) In this way, by investing in DCA method of Bitcoin in small ways, Bitcoin should be increased.
To be able to survive in long-term investments, of course we have to have good planning before deciding to start investing and it is difficult for someone to do it well without having a plan before deciding to invest and if we choose to use the DCA method for the investment we will make, of course this will be the case. we just need to do it consistently so that we can enjoy satisfactory results from the investment we make and I am very confident that we can do it well and survive in the long term.

Any one starting up an investment shouldn't be scared of making mistakes, mistakes are bound to happen but how you were able to navigate your investment after mistake has been done, there always a room for adjustment where and when necessary in ones investment journey, however wanting and planning on how best to go about one investment is good but you don't have to stay too long doing that for experience happens to be the best teacher at most times, so it is best you get fucking started and figure out other things while already in the market.
A mistake in an investment means that the loss of money, it's very difficult to recover if there is no more cash. But investing in BTC can reduce the level of money loss to a great extent. If one can use the DCA method properly and gradually increase the level of BTC accumulation as possible then one can definitely become a successful investor. Experience is a great asset to be successful in investing because experienced people love to leave their mark on every step they take. However, depositing BTC through DCA method is very easy and does not require much experience, only long-term management at regular intervals.

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Bravut
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May 17, 2024, 01:05:19 PM
 #444

Bitcoin is best suited for long-term investment only, as the price of Bitcoin is undergoing small pumps and dumping at the moment. Never worry about this pumping and dumping, think about how to make my investment long-term and have a plan, get more insight and advice to grow my investment. Because the better the plan is, the bigger the bitcoin investment will be, buying bitcoins with the DCA method. Investing in the DCA method will allow you to buy into the deep market at any time, and is definitely a good investment because this long-term investment in Bitcoin is the ultimate asset store. (Like Pipilika builds her nest with small grains of sand) In this way, by investing in DCA method of Bitcoin in small ways, Bitcoin should be increased.
To be able to survive in long-term investments, of course we have to have good planning before deciding to start investing and it is difficult for someone to do it well without having a plan before deciding to invest and if we choose to use the DCA method for the investment we will make, of course this will be the case. we just need to do it consistently so that we can enjoy satisfactory results from the investment we make and I am very confident that we can do it well and survive in the long term.

Any one starting up an investment shouldn't be scared of making mistakes, mistakes are bound to happen but how you were able to navigate your investment after mistake has been done, there always a room for adjustment where and when necessary in ones investment journey, however wanting and planning on how best to go about one investment is good but you don't have to stay too long doing that for experience happens to be the best teacher at most times, so it is best you get fucking started and figure out other things while already in the market.
A mistake in an investment means that the loss of money, it's very difficult to recover if there is no more cash. But investing in BTC can reduce the level of money loss to a great extent. If one can use the DCA method properly and gradually increase the level of BTC accumulation as possible then one can definitely become a successful investor. Experience is a great asset to be successful in investing because experienced people love to leave their mark on every step they take. However, depositing BTC through DCA method is very easy and does not require much experience, only long-term management at regular intervals.

The long term view, which we can't really tell if some can go with, or just get overwhelmed with the profits and leave the market forgetting to re-invest and still keep track of building a solid portfolio. DCAing doesn't require any form of expertise, it just revolves around what you can afford and consistently invest in Bitcoin, that won't exhaust you and you can do without in matters of your finances.

Making mistake isn't bad, but making same mistake over again is bad and a decision, in essence learn from the mistake and never allow such repeat itself.

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CageMabok
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May 17, 2024, 02:43:34 PM
 #445

The long term view, which we can't really tell if some can go with, or just get overwhelmed with the profits and leave the market forgetting to re-invest and still keep track of building a solid portfolio. DCAing doesn't require any form of expertise, it just revolves around what you can afford and consistently invest in Bitcoin, that won't exhaust you and you can do without in matters of your finances.

I don't think anyone will be overwhelmed if that person has made a profit through his own investment using any method, especially if what he invested was Bitcoin. Because in terms of investment, it is necessary to reduce the level of consistency so that every investor can be more willing to buy in any condition without worrying about anything if the goal itself is for the long term. I am quite sure that currently there are many investors who like Bitcoin because they have seen evidence that Bitcoin is a very good investment asset so it should not be sold carelessly in unfavorable conditions when we already have it. But there are also those who do this and maybe they don't realize that Bitcoin is the best at the moment.

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May 18, 2024, 11:33:56 AM
 #446

The long term view, which we can't really tell if some can go with, or just get overwhelmed with the profits and leave the market forgetting to re-invest and still keep track of building a solid portfolio. DCAing doesn't require any form of expertise, it just revolves around what you can afford and consistently invest in Bitcoin, that won't exhaust you and you can do without in matters of your finances.

I don't think anyone will be overwhelmed if that person has made a profit through his own investment using any method, especially if what he invested was Bitcoin. Because in terms of investment, it is necessary to reduce the level of consistency so that every investor can be more willing to buy in any condition without worrying about anything if the goal itself is for the long term. I am quite sure that currently there are many investors who like Bitcoin because they have seen evidence that Bitcoin is a very good investment asset so it should not be sold carelessly in unfavorable conditions when we already have it. But there are also those who do this and maybe they don't realize that Bitcoin is the best at the moment.
We make long term investment in Bitcoin because when we look at the history of Bitcoin it has been continuously increasing from its previous history which makes every investor eager to invest in it .
And I think Bitcoin will become the number one investment in the next few years because Bitcoin ETFs are being approved and invested in every country , so big investors went to invest in it and are starting to invest .And if we see that Bitcoin is the best both short term and long term  , if wo do short term investment with a good strategy we can make a good profit.

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May 18, 2024, 12:03:43 PM
 #447

The long term view, which we can't really tell if some can go with, or just get overwhelmed with the profits and leave the market forgetting to re-invest and still keep track of building a solid portfolio. DCAing doesn't require any form of expertise, it just revolves around what you can afford and consistently invest in Bitcoin, that won't exhaust you and you can do without in matters of your finances.

I don't think anyone will be overwhelmed if that person has made a profit through his own investment using any method, especially if what he invested was Bitcoin. Because in terms of investment, it is necessary to reduce the level of consistency so that every investor can be more willing to buy in any condition without worrying about anything if the goal itself is for the long term. I am quite sure that currently there are many investors who like Bitcoin because they have seen evidence that Bitcoin is a very good investment asset so it should not be sold carelessly in unfavorable conditions when we already have it. But there are also those who do this and maybe they don't realize that Bitcoin is the best at the moment.
We make long term investment in Bitcoin because when we look at the history of Bitcoin it has been continuously increasing from its previous history which makes every investor eager to invest in it .
And I think Bitcoin will become the number one investment in the next few years because Bitcoin ETFs are being approved and invested in every country , so big investors went to invest in it and are starting to invest .And if we see that Bitcoin is the best both short term and long term  , if wo do short term investment with a good strategy we can make a good profit.

Quite on point. The Bitcoin ETF approval looks more like a catalyst that has and would increase the adoption of Bitcoin now and many more years to come. So many people choose not to put their money in the early days, as they had doubt the project. Now that Bitcoin price has reached this current level, we've began to see them invest heavily in it. More people would definitely join the train as time goes by, giving Bitcoin a better price.

As for those who have been in the game for some time now but are not heavy investors, it will make more sense if they hodl the once in their possession for a reasonable amount of years. Without been told, the future of Bitcoin looks promising to those who believe and invest their money (whether short or long term).
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May 19, 2024, 05:58:49 PM
 #448


We make long term investment in Bitcoin because when we look at the history of Bitcoin it has been continuously increasing from its previous history which makes every investor eager to invest in it .
And I think Bitcoin will become the number one investment in the next few years because Bitcoin ETFs are being approved and invested in every country , so big investors went to invest in it and are starting to invest .And if we see that Bitcoin is the best both short term and long term  , if wo do short term investment with a good strategy we can make a good profit.

Quite on point. The Bitcoin ETF approval looks more like a catalyst that has and would increase the adoption of Bitcoin now and many more years to come. So many people choose not to put their money in the early days, as they had doubt the project. Now that Bitcoin price has reached this current level, we've began to see them invest heavily in it. More people would definitely join the train as time goes by, giving Bitcoin a better price.

As for those who have been in the game for some time now but are not heavy investors, it will make more sense if they hodl the once in their possession for a reasonable amount of years. Without been told, the future of Bitcoin looks promising to those who believe and invest their money (whether short or long term).
Bitcoin has reached a very high level , and investment in Bitcoin has also started on a large scale. I am talking about big level investor and those who make significant investment they are now Starting to invest in Bitcoin . Investment has started in Bitcoin ETFs and the investors in these ETFs are the owners of big companies . Just recently there was an investment of three billion dollars in a spot ETF in the  US.
This has led to a significant outflow into the spot ETF . If such investment continue the time is not far when we could see Bitcoin surpassing the 100k mark.

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May 19, 2024, 09:27:22 PM
 #449

The long term view, which we can't really tell if some can go with, or just get overwhelmed with the profits and leave the market forgetting to re-invest and still keep track of building a solid portfolio. DCAing doesn't require any form of expertise, it just revolves around what you can afford and consistently invest in Bitcoin, that won't exhaust you and you can do without in matters of your finances.

I don't think anyone will be overwhelmed if that person has made a profit through his own investment using any method, especially if what he invested was Bitcoin. Because in terms of investment, it is necessary to reduce the level of consistency so that every investor can be more willing to buy in any condition without worrying about anything if the goal itself is for the long term. I am quite sure that currently there are many investors who like Bitcoin because they have seen evidence that Bitcoin is a very good investment asset so it should not be sold carelessly in unfavorable conditions when we already have it. But there are also those who do this and maybe they don't realize that Bitcoin is the best at the moment.

For the past years Bitcoin has proven itself worthy of being one of the best investment sofar . And just you said selling yah Bitcoin now is not smart at all. Now we should base on how to get more not to sell the little we have , those who are identify as low coiners which as the time around being such ain't encouraging. But most people don't actually have much due to some certain circumstances. But still we should try and accumulate as more as we can so that our hardwork will surely pay us well in a long run.

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May 20, 2024, 11:19:54 AM
 #450

The long term view, which we can't really tell if some can go with, or just get overwhelmed with the profits and leave the market forgetting to re-invest and still keep track of building a solid portfolio. DCAing doesn't require any form of expertise, it just revolves around what you can afford and consistently invest in Bitcoin, that won't exhaust you and you can do without in matters of your finances.

I don't think anyone will be overwhelmed if that person has made a profit through his own investment using any method, especially if what he invested was Bitcoin. Because in terms of investment, it is necessary to reduce the level of consistency so that every investor can be more willing to buy in any condition without worrying about anything if the goal itself is for the long term. I am quite sure that currently there are many investors who like Bitcoin because they have seen evidence that Bitcoin is a very good investment asset so it should not be sold carelessly in unfavorable conditions when we already have it. But there are also those who do this and maybe they don't realize that Bitcoin is the best at the moment.
We make long term investment in Bitcoin because when we look at the history of Bitcoin it has been continuously increasing from its previous history which makes every investor eager to invest in it .
And I think Bitcoin will become the number one investment in the next few years because Bitcoin ETFs are being approved and invested in every country , so big investors went to invest in it and are starting to invest .And if we see that Bitcoin is the best both short term and long term  , if wo do short term investment with a good strategy we can make a good profit.

If one were to judge from bitcoin past performance and also considering the fact that its still quite an early asset that would give everyone a hint where bitcoin is going, bitcoin could someday beat many other traditional asset and become the best in the top, but either way its good we don't get in too greedy and also understand that it might take years before bitcoin gets to that amount that we all have in our mind and what is most important now is to buy bitcoin and keep buying bitcoin and that's the only way to actually benefit off bitcoin as an asset.

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May 22, 2024, 04:40:11 PM
 #451

The long term view, which we can't really tell if some can go with, or just get overwhelmed with the profits and leave the market forgetting to re-invest and still keep track of building a solid portfolio. DCAing doesn't require any form of expertise, it just revolves around what you can afford and consistently invest in Bitcoin, that won't exhaust you and you can do without in matters of your finances.

I don't think anyone will be overwhelmed if that person has made a profit through his own investment using any method, especially if what he invested was Bitcoin. Because in terms of investment, it is necessary to reduce the level of consistency so that every investor can be more willing to buy in any condition without worrying about anything if the goal itself is for the long term. I am quite sure that currently there are many investors who like Bitcoin because they have seen evidence that Bitcoin is a very good investment asset so it should not be sold carelessly in unfavorable conditions when we already have it. But there are also those who do this and maybe they don't realize that Bitcoin is the best at the moment.
We make long term investment in Bitcoin because when we look at the history of Bitcoin it has been continuously increasing from its previous history which makes every investor eager to invest in it .
And I think Bitcoin will become the number one investment in the next few years because Bitcoin ETFs are being approved and invested in every country , so big investors went to invest in it and are starting to invest .And if we see that Bitcoin is the best both short term and long term  , if wo do short term investment with a good strategy we can make a good profit.

If one were to judge from bitcoin past performance and also considering the fact that its still quite an early asset that would give everyone a hint where bitcoin is going, bitcoin could someday beat many other traditional asset and become the best in the top, but either way its good we don't get in too greedy and also understand that it might take years before bitcoin gets to that amount that we all have in our mind and what is most important now is to buy bitcoin and keep buying bitcoin and that's the only way to actually benefit off bitcoin as an asset.

Yeah, we just need to keep accumulating as we can and shift our minds from expecting huge price and focus on what is necessary which is accumulating and building a strong solid Bitcoin portfolio overtime. Any other thing is distraction, we are not getting too optimistic both we just need to leave some things for the maket to decide and extract the oil from Bitcoin because that the sole reason we indulge in it firstly.


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May 22, 2024, 08:16:06 PM
 #452

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?
The best time to buy coin is during dip, because we can have a huge coin because it is still cheap and affordable, the problem is most of the newbie investors didn't want to buy when the price is cheap maybe because they are afraid that after they buy it will continue to fall or there are some reason, emotions, money as capital, etc., that is why many people always have a regret when it come to investing.

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May 22, 2024, 10:50:51 PM
 #453

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?
The best time to buy coin is during dip, because we can have a huge coin because it is still cheap and affordable, the problem is most of the newbie investors didn't want to buy when the price is cheap maybe because they are afraid that after they buy it will continue to fall or there are some reason, emotions, money as capital, etc., that is why many people always have a regret when it come to investing.
This is the main reason why the DCA strategy was suggested  and brought up as a strategy to buying BTC and with this strategy, you won't  have to worry about if the market is in a dip or the the market is bullish .

Although if you experience a dip at the early stage of your DCA then you might experience a slight impact on your accumulation too but as time goes on and you increase your stash   then a  dip will not show a difference  in your accumulation  rather it will continue to serve as an opportunity  to buy more just as it has always been ...

Then you need to know that Bitcoin is not just any kind of coin that could be compared to shitcoins which can dump forever once they experience a minor dip and considering the current value of BTC for you to get a nice ROI the you must be willing to HOLD for long .

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May 22, 2024, 11:16:17 PM
 #454

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?
The best time to buy coin is during dip, because we can have a huge coin because it is still cheap and affordable, the problem is most of the newbie investors didn't want to buy when the price is cheap maybe because they are afraid that after they buy it will continue to fall or there are some reason, emotions, money as capital, etc., that is why many people always have a regret when it come to investing.
It's true, when we want to buy, we have to wait for the right time or wait until the price drops to become very cheap. Because so far the price of Bitcoin is still not at its lowest price and the price shows a constant increase in price. When prices are high like now, it will be very dangerous to buy because it will cause us to get trapped at high prices.

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FinePoine0
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May 22, 2024, 11:42:40 PM
 #455

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?
The best time to buy coin is during dip, because we can have a huge coin because it is still cheap and affordable, the problem is most of the newbie investors didn't want to buy when the price is cheap maybe because they are afraid that after they buy it will continue to fall or there are some reason, emotions, money as capital, etc., that is why many people always have a regret when it come to investing.
It's true, when we want to buy, we have to wait for the right time or wait until the price drops to become very cheap. Because so far the price of Bitcoin is still not at its lowest price and the price shows a constant increase in price. When prices are high like now, it will be very dangerous to buy because it will cause us to get trapped at high prices.

You will never face the public by buying Bitcoin, maybe you can buy when it is high but it is likely to go up more than double the current price. So no matter how much bitcoin you buy at present it will reach the root of the improvement with the goal of maximum growth, if you disagree to buy bitcoin then of course you can buy it using the method. Because the more risk you take, the more success you can get, it is normal to take risk to hold Bitcoin because it recovers but you can hold Bitcoin for a few years.

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May 23, 2024, 03:02:03 AM
 #456

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?
The best time to buy coin is during dip, because we can have a huge coin because it is still cheap and affordable, the problem is most of the newbie investors didn't want to buy when the price is cheap maybe because they are afraid that after they buy it will continue to fall or there are some reason, emotions, money as capital, etc., that is why many people always have a regret when it come to investing.

The best time to buy bitcoin is as soon as you can - especially if you don't have any.

[edited out]
It's true, when we want to buy, we have to wait for the right time or wait until the price drops to become very cheap. Because so far the price of Bitcoin is still not at its lowest price and the price shows a constant increase in price. When prices are high like now, it will be very dangerous to buy because it will cause us to get trapped at high prices.

Waiting is not an investment strategy, especially with bitcoin.

Good luck if you believe that waiting is a good investment strategy, you are likely going to need it, since you may well end up regretting that you had failed/refused to prepare yourself for UP.. and you were too busy preparing for down that did not end up happening as much as you had expected it to happen.  It probably sucks to be you, especially since you seem to not to recognize the importance in accumulating BTC.

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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May 23, 2024, 04:41:43 AM
Last edit: May 23, 2024, 04:53:33 AM by martinex
 #457

I don't think anyone will be overwhelmed if that person has made a profit through his own investment using any method, especially if what he invested was Bitcoin. Because in terms of investment, it is necessary to reduce the level of consistency so that every investor can be more willing to buy in any condition without worrying about anything if the goal itself is for the long term. I am quite sure that currently there are many investors who like Bitcoin because they have seen evidence that Bitcoin is a very good investment asset so it should not be sold carelessly in unfavorable conditions when we already have it. But there are also those who do this and maybe they don't realize that Bitcoin is the best at the moment.

My assumption, which makes them do it sometimes can't stand to see cheap prices in other coins and usually it's not an old player. I personally better be patient for a while waiting for further market action and it also happens to be today in many places for example in my country in the moment of holidays so naturally there is a small part may sell some for vacation purposes. perhaps. Yes. true. there is no doubt that BTC is the best investment at the moment and the most in demand.

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May 23, 2024, 05:20:25 AM
 #458

Waiting is not an investment strategy, especially with bitcoin.

Good luck if you believe that waiting is a good investment strategy, you are likely going to need it, since you may well end up regretting that you had failed/refused to prepare yourself for UP.. and you were too busy preparing for down that did not end up happening as much as you had expected it to happen.  It probably sucks to be you, especially since you seem to not to recognize the importance in accumulating BTC.
What you say is very true, if we continue to wait until prices fall before investing, it is very likely that we will miss the opportunity that is in front of us and we will really regret this when other people have taken advantage of what they invested.

If we wait for the price to fall before investing, of course this means we have to be able to buy it in large quantities and this will also be very difficult if we don't have funds that we can use to invest.

For some people who really understand Bitcoin investment, of course they will continue to try to collect as much as possible to get a profit when the price goes up and if we don't prepare ourselves of course we can only see the success that other people get and we don't get any profit.

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May 23, 2024, 06:10:24 AM
 #459

When it comes to investment, we must choose Bitcoin because it is still on top of the list of the highest crypto investments in the world. Although no one guarantees its price growth, it is relatively stable which is one of the reasons for its investment attractiveness. Many new investors may be disappointed with their investments due to the dumping trend in Bitcoin price but they should buy more during this period. The dips price may not last long so buying bitcoins at this time will make you much more profitable in the future.
Agree with your choice, Bitcoin is very suitable for long-term investment and of course Bitcoin has high interest who will always provide support for Bitcoin by buying Bitcoin whatever the price offered on the exchange. Keep increasing the Bitcoin we have for future investment. Never put all your assets in any type of altcoin because it can endanger the trading capital you use.

People don't say "I want a bitcoin'', people say i want bitcoins because they are worth X number of dollars. It's a storage, the objective or the main idea has always been "let's use this to get real money or how can i get rich with that."
There is "shiny ball syndrome" on all other cryptos. When people just need to put the focus on buying bitcoin. Pretty soon one will able to buy 1 bitcoin and people will be asking "how many sats do you have"

The founder(s) of bitcoin will never be revealed.
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May 23, 2024, 06:14:40 AM
Merited by JayJuanGee (1)
 #460

I don't think anyone will be overwhelmed if that person has made a profit through his own investment using any method, especially if what he invested was Bitcoin. Because in terms of investment, it is necessary to reduce the level of consistency so that every investor can be more willing to buy in any condition without worrying about anything if the goal itself is for the long term   . I am quite sure that currently there are many investors who like Bitcoin because they have seen evidence that Bitcoin is a very good investment asset so it should not be sold carelessly in unfavorable conditions when we already have it. But there are also those who do this and maybe they don't realize that Bitcoin is the best at the moment.

My assumption, which makes them do it sometimes can't stand to see cheap prices in other coins and usually it's not an old player. I personally better be patient for a while waiting for further market action and it also happens to be today in many places for example in my country in the moment of holidays so naturally there is a small part may sell some for vacation purposes. perhaps. Yes. true. there is no doubt that BTC is the best investment at the moment and the most in demand.

I don't want to sound rude but it appears as though  you both might be missing a whole lot of things here. BTC isn't just the best at the moment, it's been on a totally different world of it own and whatever you've seen out there that gives you the impression to make comparison between Bitcoin and those shitty stuff only gains those small relevance because of the uniqueness and the long termed trust that Bitcoin has built and maintained overtime making them model those coins from Bitcoin.

And again, I just want to reiterate this point that has been said over and over again and that is, " Bitcoin investments is not a short term investment" and I dont quite understand what @CageMabok meant by the statement that "it is necessary to reduce the level of consistency so that every investor can be more willing to buy in any condition without worrying about anything if the goal itself is for the long term   .  " from the little knowledge I have, the reason why you can comfortably buy your Bitcoin with a DCA method is because you're buying for the long term which makes it reasonable to buy at low or high price and then do it consistently. The goal first off should be long termed while the approach should be to consistently buying your BTC at a rate that's convenient with you  such that you can do it for the long run without it having any negative impact on your financial life. The decision to sell should only come when you've reached your goal and should be the last option that's available to be made.

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