Post
Topic
Board Economics
Re: Our Dear Bitcoin and its price movement.
by
ethereumhunter
on 24/09/2021, 08:33:03 UTC
What have you noticed lately about the price fluctuation of our dear bitcoin?
Something tells me it is a good time to buy, preferably *stock it* depending
on the trading style you choose, as there has been an impromptu decline in
the rate and monetary value.
Though I'm optimistic that a reversal, upward trend awaits the bitcoin price
and I see it going to a 52-55k upward trend when this happens.
Let's see what it has to offer us in its next movement.
If you believe there will be a reversal, you should buy before the price rises because that will be too late to take action to buy bitcoin. The price itself will rise sooner or later and if you do not ready with that, I think you can be late to take profit from bitcoin and only watch the price increase. This price will be a good price to buy, but that will depend on whether you want to buy right now or are still waiting for another lower price. I only hope you know what you will do.

Many believe that there's a reversal we see so many turn up of events like this keep happening from the past or even by now but what newbie mistake is they just dump all their shits and buy again once bitcoin price climb up again that's why sometimes they got hit by a dump for another round again. That's why if we need to trade again to recover back we should buy again when the price became quite stable or it showing some sign that it will pump again so that we can earn the reversal or the pump that possibly happen.
It is better to just hold their shitcoin and try to buy more than to dump all. Maybe the shitcoins is hard to recover their price but from that shitcoins list that they have, one or two can back to the current price and sometimes, the price will be higher than the last high price. Maybe they think that by doing that, they can repurchase the coin at a low price but they do not calculate how many amounts they can buy than to just hold their coins.