Quote from: Beparanf on Today at 04:01:26 PM

Quote from: dbc23 on November 18, 2021, 06:41:43 PM

Bitcoin investment is strictly for holders and not just for profit mongers. To get the best out of Bitcoin investment is to hold even in the dip. I am still buying and will keep buying irrespective of the market price or how bullish or bearish the market appears. For now it's still a good time to buy more

It’s not just for holders, though it is safer to hold and less risky as we know that price of bitcoin is really able to grow in price as time pass by but traders, those who already have enough experience in day trading can still be able to earn even the market dumps. It will be a matter of who will take advantage of buying and selling in a certain time. Good for those who are able to hold their BTC for long it’s a sure profit. But to those who will just starting don’t be discouraged as long as you know you can hold or trade profit is still possible just keep updated.

Those traders who take advantage of the drops are usually the ones who do shorting or use stop loss very well. I am not one of those people but I have met with a lot of them over the years and I have to say that they are rare. I have been in crypto for many years now and I have met with a lot of people and only a few are capable of profiting even when it is going down.

The key is not to profit when it is going down, but to position yourself correctly when it is already down. Many people who got rich with crypto that I have met didn't profit when it was going down, but they all bought as much as they can when it was already down. That way they profited very quickly when it's up, and profited heavily when it ATH's.