What criteria do you use when buying and selling? Let's share some tips and expertise.
For me, the three most significant factors are as follows:
1. Bitcoin halving.
No.1 History repeat itself all the previous Bitcoin halving is synonymous with the pumping of the price therefore the best period to sell part or whole coin is that at particular period with another halving bill for 2024 thus another selling period would be unveiled.
2. A decrease in currency value due to economic downturns.
No. 2 Decrease in the value of the price of Bitcoin as a result of some negative fundamental news is a major factor I do consider for buying Bitcoin of course after a massive dump there is the tendency that drop would continue to a certain period of time thus I would adopt buying bit by bit to avoid buying a whole lot thereafter price continue to trend bearishly.
3. Sustained participation and growth of investors.
Therefore, I make a continuous effort to stay updated with all the news to track numbers 2 and 3 consistently.
No. 3 Sustainable investment would trigger the price to trend bullish and I would start to observe price action by monitoring the price if necessary to sell part of the coin