Quote from: lunnatic on May 30, 2023, 05:41:50 AM

Quote from: eightdots on May 29, 2023, 06:29:21 PM

In order for a person to reach his future goals, he must overcome the difficulties he is experiencing now. If he has to sell his Bitcoin in the face of a challenge, he should. Life never stops. Bitcoin will always offer us opportunities. If not today, tomorrow or later. Opportunities will always come our way. But let's not forget that we cannot reach tomorrow without living today. What we need to do is sound plans. Solid steps to realize these plans.

but sometimes a person also doesn't understand life,
he has made a profit from bitcoin but never sells it and ends up being bullish then the dump happens and doesn't get any results,
indeed a strategy is very important for us to do when investing, especially with a high level of risk like cryptocurrency.

I think I would prefer to be that guy. Because if I buy a lot of bitcoin and become wealthy but do not sell so it dumps, then all I have to do is wait, there is a recovery there and the potential to be wealthy again still is there. Which is why waiting and then losing after that is not really an issue unless you sell.

Obviously if you sell and get out then you are going to be doing a lot worse and I would suggest not doing that, it would be smarter if people just ended up spending some time buying a bit earlier and selling a bit later. I know that too many people sell when it goes down, but they shouldn't, just wait and it will recover and when it does you can sell and get richer again, would make sense that way and it is not something to regret.