Post
Topic
Board Economics
Re: Why are you saying wait?
by
Pendularin
on 30/03/2018, 06:31:52 UTC
In recent months, the market has dropped a lot. Many people's portfolios have fallen by 50 percent, and the answer is basically waiting.

We can sell it at a higher price and buy when it goes down.

I think we'll lose a little bit less, better than nothing.

when price bitcoin low, I prefer to wait until its rise. then I will sell my bitcoin.
That's a good thinking, buy at a lower price then selling when high. Just the basic rules may apply in trading, although the market has dropped a lot and our portfolio are in 50%  let's just wait. Because market trend will not take long at this stage, for sure it will rise.
I think that is a basis always applied by traders players. well it was a good decision. I hope the price of bitcoin can return to have a higher price at the current price. so many blows have happened in the last few months to bitcoin.
Patience as always to avoid losses. The best decision making for now is to hodl our bitcoin due to the prices is on dump. I believe on bitcoin which is based on blockchain tecnology, I think bitcoin will range in a higher value and having good benefits for the investors.