Post
Topic
Board Altcoin Discussion
Re: Timing is everything
by
lepbagong
on 26/08/2021, 08:02:10 UTC
right, we have to wait for the correction to occur, so that we get the opportunity to buy with less risk. therefore the time to enter the market and exit the market is an important key in the success of a trade. therefore we have to regulate our emotions in order to determine the right time
many are impatient and can't control their emotions for what they will do and this trait is indeed difficult to repair if it is not intended for good. I can agree with your opinion about waiting until a correction occurs in order to be able to buy a cheaper one, if it's for bitcoin it is not affected at all because whenever we buy bitcoin if we want to be patient we can be sure the price will increase from our price when buying. Since this is already the character of bitcoin that will continue to rise, buying on correction is only suitable for altcoins.

Time to enter the investment market and exit is indeed the key to make profit in investing but it's not so simple to determine the right time to enter the investment market.It will need ability to read the market and find the right time, not just guessing. But if we can control our emotion perfectly, we can enter the market and make investment at the right time and that time is when the price in the market is reaching all time low or while there is panic selling happening.
indeed, everyone always tries to determine the investment market as possible by observing each transaction correctly and not skipping the analysis that was studied so that when determining it is not wrong. it is a habit that we do, it will allow us to learn the direction of the market even though it may take patience and emotions that can be controlled.
every moment is a decisive time to step whether it is right and go according to what we want, but again what you say for the right time to invest is when the market reaches the lowest price, it can be true or not because it depends on what coin we will invest, once again if bitcoin anytime you do is the right time.