Quote from: BitcoinPanther on Today at 08:32:07 PM

Quote from: Davian144 on October 13, 2023, 09:35:01 AM

Quote from: Sophokles on October 09, 2023, 08:40:08 PM

I agree with your observation about the market. There can be a small correction before the halving which can take us to the 25k level again. This correction won't be significant so selling at this level and buying back when there is a dip won't make much difference. However there isn't any guarantee that there will be a dip before halving. If our prediction proves invalid we will miss the chance to buy at this level either.

I would rather not sell at this level than later not have the opportunity to buy back at the declining level you are referring to. So I would prefer to continue holding rather than selling now and will also try to buy when there is a price drop as you say, although not with much force. But buying when the price decline has occurred is still a pretty good option for everyone so there's no harm in taking advantage of it, just because the guarantee of a decline is still uncertain. I will continue to keep the Bitcoin that I bought previously.

This action needs a lot of patience. I hope you are able to withstand the temptation and fears when price surge or crash. Holding is the best strategy in Bitcoin investment because the market is yet to be saturated and the Bitcoin Industry is just starting to bloom. Buying in its early stage is a wise decision but I think it is still better to know when to sell so that we can realize our profit and look for possible re-entry. One must set a selling price so that he can realized his profit. Holding without a plan opens missed out on the oportunity given by the market volatility.

If you dont have patience then this market isnt for you. Wink