Post
Topic
Board Beginners & Help
Re: Time to Buy or Sell or Hodl?
by
Altryist
on 21/09/2022, 14:02:03 UTC
We are still in a bear market and I don’t think it will recover easily. The coins are still giving us good opportunities to buy and hold, rather than selling them and gain little profits. But if you want to sell them because you are in need of cash, I guess that’s still reasonable but always buy back when bitcoin price drops again so you can invest them at a relatively lower value. Bitcoin is a good investment, and it will be more valuable if you can sustain hodling them for long term.
The market may be in this state for quite a long period, and during this time local straits and pumps are possible. The bear market should tire the most patient and, period of despair should also come, and only after that the market will rise again. Therefore, I am sure that those who have not had time to buy yet will have a great chance to do so. You need to follow the market and the news, there is no need to rush.