By the negative relationship between Binance and SEC Bitcoin prices drop significantly since yesterday. The price has fallen by 8.3 percent in the last seven days, 4.5 percent price drop in 24 hours. But such a situation is not new in crypto. Almost same situation like this happens and will happen in the future too but only those who take advantage of that opportunity can join the list of real gainers. This is an opportunity for those who are waiting to buy from the dip. And those who know how to capitalize on opportunities will also be successful in Bitcoin holdings.
Yes I think now is the right time to buy our bitcoins. I had previously bought bitcoins at a high price and now I am thinking of buying again with some money. Because now I can buy these bitcoins at a much lower price than what I bought them before. I will sell after the month after the price increases. Then I can make a lot of money. It is the right time. Whoever can use this time can make money by investing.We are not talking about trading in this thread...
good luck with your dumbass trading plan, and go talk about it somewhere else, in some other thread that would be on your short-term profit trading topic (to the extent any of that is even a good plan).
"Dumbass trading plan", I think that will really clear him on the actually issue that is discussed here , I mean its not so hard to miss @Buy the DIP, and HODL!. Bitcoin is volatile no doubt but thats why its all fun and profitable and also a perfect means for an investment plan and more preferably a long term investment. Over the years bitcoin has proven its efficiency when compared to other altcoins who always tend to disappoint after their planned pump rise by major market influencers that deceive folks that are impatient to actually hodl their bitcoin and so diverse to other means to get the profits more quicker which I know is probably more risky.Holding for a short term and trading have been one of these means but everyone or maybe I think its ways too risky and prefer to hodl my BTC till the markets looks favourable for me to sell off and that would probably be during another ATH but only time knows when and with knowing this, the curiosity to sell actually dies down too. So trading my coins for some cheap profits is totally off the question for me but I don't about any other bitcoin enthusiast but I will definitely prefer to Buy the DIP, and HODL!.
For sure, it can take a long time to build up your investment portfolio to a level in which you start to feel comfortable with the size.. maybe it starts to reach 1 or 2 years of your annual salary (or the amount that you need to live for one or two years), and then you may well start to feel the value of being conservative and building over the many years that it took you to get there.. perhaps it took you more than 10 years and maybe even close to 15 or 20 years to get to the level of having 1-2 years of living expenses in your investment portfolio... and sometimes as you get your investment portfolio larger, then it may well start to compound on itself in greater ways.. and surely the power of bitcoin has good potential to help any of us with the compounding effects of our investment and it is not as likely to happen if we are pissing around with trading rather than ongoingly building.. and for me to be somewhat repetitive, building also likely does not really happen (and you end up working against yourself sometimes) when you are pissing around with trading, especially with an asset like bitcoin that already has a decently large amount of great upward potential and even explosive upward potential that you might end up missing out on if you are too busy trying to figure out when such upward explosions might happen (and you end up getting it wrong and not having money in bitcoin when it explosively goes up and refuses to come back down to its previous price levels)..