Post
Topic
Board Altcoin Discussion
Re: Be watchful it's not yet time
by
Silberman
on 17/09/2023, 21:30:09 UTC
Yes, it looks like the market is giving us more time to accumulate more potential coins. Of course, I don't have to miss this opportunity believing that this won't stay long as sooner or later it pumps back high again. Honestly, we have been tested several times, and many people become doubtful because of the instability of the market trend but those who were able to understand the volatility of the market will remain calm and see the opportunity around and buy more, instead of just watching it.
Those who doubt don't understand how the market works. We can only see bitcoin and how it moves, this is the best opportunity to continue accumulating bitcoin and some potential altcoins that will provide faster profits when the bulls arrive. Instead of just watching, it's better to buy and hold until a new ATH is reached. My target is of course ATh above $100k and that is the general target at the moment.
The markets are often misunderstood, many traders believe you make profits when you sell the assets you bought, what they do not realize is that the big profits are made when you acquire your assets, if someone were to sell you their house for half its current price and after an inspection you found nothing wrong with it then you could buy it and sell it for a profit immediately, bitcoin is the same in that regard, right now we can buy bitcoin for a 60% discount and in just a few years we will be able to sell it for a price many times higher than what we are currently seeing.