Post
Topic
Board Speculation (Altcoins)
Re: How do you feel about market recovery
by
Justin999
on 03/02/2024, 23:13:53 UTC
That is why it is necessary to understand when to buy, not their fault as some persons who used the DCA strategy to purchase at the $67k price will certainly get enough profit when the price hits an ATH. Those who understood the halving circle and did not buy at that price waiting for the DIP and bought very low will get massive profit from their investment. It is of good benefit to understand how the market flows before venturing into it
Those that have bought at the peak always have two options, either to give up and sell at losses or be patient and wait for another ATH to come higher than the price they've bought example for Bitcoin. These recovery periods will take time and they need to remember that if it's something like Bitcoin, there's no need for them to worry with it because it is usually comes handy when it has dumped but then recovery will definitely come no matter what happens.
thats right, when they bought at peak, they only lost money when they sell it at lower price because by then there is no way to retrieve lost by waiting because they already have realized loss.
thats the thing thats always getting said by many people we only lost when we sell and that holds so many truth in it.
frankly speaking those that already bought at peak could just wait until at least the coin they holding recover back to 70% then they could switch over to other altcoin and wait for altcoin season if they are so afraid that the coin they hold won't be hitting all time high again its as simple as that.
after all if we are speaking about the experience, the holder always wins at the end of the day they always have the most profit because they are willing to hold evern since when the price was heading the rock bottom.