Post
Topic
Board Speculation
Re: Why Is Bitcoin Price Increasing?
by
Dickiy
on 20/09/2023, 13:09:59 UTC
This is the time of Bitcoin selling. Maybe the Bitcoin can come down again because sometimes the Bitcoin gives you a surprise. Today bitcoin prices are going down but not more than enough, which is good for some people and some people don't have with this.
I still think that selling Bitcoin when the price is falling is a mistake, because surprise price increases always exist in Bitcoin so I still prefer to sell Bitcoin when the price increase has occurred and even while it is happening. Because Bitcoin is a cryptocurrency that should not be sold carelessly at uncertain prices, but if someone prefers to sell Bitcoin when the price is down, I will not say he is wrong because maybe he needs money that is not in the form of Bitcoin for himself.

Some of us and indeed in general, profit is always the main goal of what we are aiming for, which means it is true that selling in the low area is a mistake.

Selling bitcoin according to your analysis plan is the best decision, and I think all investors will also definitely take the same action because again profit is always our main goal here. Now therefore it is very important to pay attention before you jump in there you have to prepare money that will not be used by other needs, or in essence you have full responsibility for whatever happens to your money later, with that I am sure you will not feel too pressured by all the price fluctuations that occur there, and with that it will be calmer to do a long-term hold, but yes even so if there is an urgent need as you said then even though they get a low price it is very likely that you will still sell it, there is no other solution than that and it is natural that they do it.