Quote from: jrrsparkles on Today at 06:52:19 PM

Quote from: Botnake on December 10, 2020, 11:16:57 AM

Quote from: TheUltraElite on December 10, 2020, 08:22:00 AM

"Stealing opportunities" - disagree to this. These markets are based on speculation and there are several opportunities. We must admit that we often fail to recognize them.

It is based on speculation, you are right with that, however, if you are discipline enough to hold, you should not fail because the market can be bullish as well. Just make it simple, if you hold for long term, you need to ensure a target is already in place, for example, you buy bitcoin at $19k and you plan to sell it when bitcoin rises to $100,000, then you have to hold until that time will come, otherwise, that's the real meaning of missing the opportunity.

but, first, you need to believe that bitcoin could reach $100,000, when you are convince, holding until that time will come should give you an ease.

Exactly, one who wants to invest on the cryptocurrency should be ready to face the consequences in first place because without taking risk nothing can be achieved in this investment sector. And also how long we can hold matters more than simply holding, in 2017 people bought Bitcoin at 6K as well as 20K so if you bought at higher price then you maybe supposed to hold longer than others.

Had bought on the peak will really leave you have no choice but to hold your assets and wait up for the recovery but most people wont really be ending up on holding but rather
they do mostly done on panic selling which is common.Thing here is that they can actively deal with price movement rather than just waiting up for the recovery which
theres a definite time for it to happen.

If you are really that serious on making profits then dealing with price in a short span of time will be ideal.Holding on a coin which you do seem worth to do so will be up into
your choice but be sure that you do know on when to sell out when its on proper time.