Post
Topic
Board Speculation
Re: BTC bulls back?
by
imamusma
on 14/05/2023, 18:13:05 UTC
Correct. I agree with you that many factors influence bitcoin price movements. Moreover, as the parent of altcoins, bitcoin is the main center of attention in various issues, both negative and positive. Therefore, we must not be affected by market conditions because the rise and fall of bitcoin prices is a natural thing to happen.
You should be able to take advantage of market conditions (its volatility) to take profits or maybe buy some. So this volatility will affect you unless you are a holder who does not want to add to the pile of assets as long as they are cheap.

If you are a holder, then ignore the price volatility as long as you haven't found the target you want. But if you still want to build your portfolio then I think you need to keep an eye on price volatility especially during corrections. Buy more with DCA, it will help you get lower average price.