Post
Topic
Board Altcoin Discussion
Re: How do you make your HODL or dump decisions?
by
RealMalatesta
on 16/08/2021, 20:14:04 UTC
After learning the hard way since 2017 I've now decided to always buy crypto coins when BTC halving is a year away, this was what I did in early 2020 and it favours me so much, the best time to buy and hold is bear market and when BTC halving is miles away
You do not have to do it that rarely, you could always buy it whenever it is down. For example, when the price went down 50% few months ago in May or June (can't remember) that means you could have bought at that time as well, the price went down literally in half, and that is a huge enough drop that we all know eventually it would have gone higher, maybe not to 60k, but definitely higher, even if it dropped to 15-20k after that (which thankfully it didn't) that would still not matter because going above 30k was still easy and right there.

Anyone who did it already have 50% profit because it went from 30k to 45k and that is 50% profit and only in a month or two. So, you do not have to buy when it is getting close to halving, only have to buy it when there is a huge fall, huge falls in bitcoin is not rare so whenever that happens go ahead and buy some.