Post
Topic
Board Speculation
Re: Why is bitcoin moving now?
by
taufik123
on 06/09/2023, 22:55:33 UTC
Is this the green opportunity for us to buy or is going to return back after a while
Many investors are buying and selling their bitcoin at any time they feel like, you can do the same by buying bitcoin now that the price is at a bit low and sell back when the price is high. You must not wait for any special time to do that since you will be investing for profits and with the money you can afford to lose. Every other additional thing is minor than to hodl your bitcoin and keep your seed phrase safe because there is every possibility that, the price of bitcoin today will not be the same in months to come after the halving season.
This depends on the initial strategy they make, buying and selling whenever they want is certainly a personal decision, the most important thing is that they have reached the predetermined price limit and made a profit.

As for the specific time targeted, many will target the new ATH when the Halving has occurred.
Many people are starting to buy now, because the price is still quite cheap.

Down about -70% from the last ATH, which will be the best opportunity to enter because next year will be a good year for Bitcoin.

Buying and holding it now is better to do if you don't have good trading skills.
I even continue to do DCA every week and that is for the long term.