Post
Topic
Board Altcoin Discussion
Re: Market is recovering, what steps are you taking?
by
Ziskinberg
on 26/07/2021, 16:17:52 UTC
Buying as many Bitcoin as I can manage and keeping them for a long time to come altcoins will probs benefit from the run that Bitcoin is going to go on but not as much as Bitcoin.
what you say is true. but the strategy of buying as much bitcoin as possible must also be at the right market moment.
to be honest, if I had big capital I would not buy bitcoin at the current price. indeed there is potential for ATH, but believe me, it will definitely take some time we don't know.
the momentum will be right when we can get a lower price and hold it for the long term.
The best timing to buy bitcoin is when the market is struggling, which means when the market is bullish. Each one of us who invest does not really hold long enough to enjoy our profit, as much as possible, we want to buy the cheapest so we can enjoy our profit the soonest. Most of us can't wait for 3-5 years of holding, 1 year is even longer for others, so timing is really important, and you can get the right timing if you study the market well and continue to educate yourself.