Post
Topic
Board Speculation
Re: Know your time to HOLD
by
famososMuertos
on 28/07/2023, 19:49:51 UTC
My take on bitcoin in 2023 by the way it bought and was pumping pumping and pumping was like it will never stop. I thought it was my year to make my money and keep much of Bitcoin in my wallet. But the dullness of over 2 months has changed my mind. The scenario poured coldness in my mind but again let me know that bitcoin behaves like an asset and asset has the time to buy and sell not the way I thought it will always be be buying.

I have waited for the price to reach $25k for me to start pumping my money, it never reach there. I grows impatient daily, I won't wait more than 1st of July, any price I see it is what I buy.

I don't like to sound desperate, do I sound desperate or determine to make money?

Bitcoin HODLing for years can not be a lost affair.

 

If you go to hodl, it is not convenient to wait for it to drop to a certain price, even more so if you go long-term with that purchase.

In any case, if you buy at 30k or 25k, the price you mentioned, what is the percentage in the profit differential.

That percentage is the one that has to determine your final decision.

I  mention it in a general sense, as 25k isn't that far fetched, we just got off the 30k floor and how long did it hold that price, a few weeks, we've been in the 20k range, all of this year, except for April.