Quote from: Pamadar on Today at 02:49:03 PM

Quote from: Tellek Garing on Today at 02:22:37 PM

Good idea taking profits along the market line is the best approach for any investors that will want to maintain the flow of the market, just take for example if one has taken profit at 45k and reinvested it at 26k that will be good profits and buy back approach.

Good example if and only if you'll be manage to catch that position and make a good approach buying back
and wait for a good bounce back to earn more from your initial investment.

Quote

So I agree with what you said, but buying more at this time of uncertainty in the Bitcoin market will be a risky move as the price may further decline in the coming days/weeks.

It's too risky if you don't know how to track the market, there are many factors to consider before taking your
action in investing your money while the market is in bearish momentum.

Yeah, I don't mean jumping into buying Bitcoin just because the market price is low, because going in at a bear market may result in losses because the market may be on a steady downside.

The best thing to do is to do a proper market analysis and know the right time to get in, Bitcoin is a highly volatile asset and at that one needs a proper analysis of the market.