Post
Topic
Board Economics
Re: buy high and sell low. or hold which one is it?
by
cryptojaani
on 15/03/2018, 11:37:56 UTC
We are into cryptocurrency investment because we want to make money, so it is always good to hold when the price is decreased because we bought them at a high price. If you sell them low you will be in loss, always thinks positive and of course, it will take time to recover and there is no choice for us after investing. The only option we have is to Hold as long as possible until we make the good profit.

At the moment bitcoin is down we should hold it for the meantime. If we buy at high price and sell it in a low price that's not the strategy in investing. You just throw away your hard earned money. Just don't panic if bitcoin is down, we should wait because bitcoin is volatile it will not stay at low. We should patiently wait for the price to go up.