Post
Topic
Board Speculation
Re: Bear market likely over?
by
BTCGalaxyA12
on 11/05/2023, 04:52:57 UTC
If you are that someone who do love on checking or looking at charts and you do have that kind of doubt when it comes to your Bitcoin holdings then you would really be having that kind of impulsive emotions or
approach on things specially if there's a sudden decline on which you would really be that trying to look for some possible reasons on whats behind with those drops and this would really be a never ending kind of
emotional swings everytime the market do make out its move.
<...>
Price can be a benchmark for people to see what direction Bitcoin has taken or be a reflection of a long-term trading journey.
I tend to rarely look at price charts. Only once a week I see it to compare and analyze the suitability of the purchase price even in small quantities.

I agree with JayJuanGee that trying to build Bitcoin ownership without being too concerned with rising and falling prices is what I'm doing right now so I wonder why do people talk about prices so much when they know that Bitcoin can go up and down because most market participants already understand about crypto market volatility.