Quote from: arjunmujay on April 02, 2024, 09:27:13 PM

Quote from: AirtelBuzz on April 02, 2024, 01:12:50 PM

~snip~
Whenever we invest in bitcoins with our target and accumulate bitcoins from there even if the price of bitcoins goes down, we will be able to hold it no matter what our objective is to reach the target. We can buy bitcoin anytime we want but whenever we buy bitcoin we have to hold it for a certain time limit.

As someone who can be said to be more advanced regarding Bitcoin compared to those who are just starting out, this strategy must be very familiar here and always guides everyone.

So just keep accumulating bitcoin holdings regardless of current market conditions, whether they are bullish or bearish. keep buying and holding for the next 4 years. Surely you will feel how great investing in Bitcoin is. It can even beat the investments in the stock market that people out there have made. and never act stupidly and panic when the price of bitcoin drops and then sell it. in fact it is a better time to buy bitcoin at a discount.

I don't see the reason why most persons care more about Bitcoin current market condition and careless about building there portfolio. Bitcoin keep appreciating regardless, past histories and present data show the promising future of bitcoin, so it doesn't matter whether bitcoin drops or pumps what matter is your investment portfolio, accumulating enough out of bitcoin.

We must know in any financial market there is three phase either uptrend, downtrend or consolidation. These phases also have sub structures inside of it, we know bitcoin is in uptrend, so why the panic.

My only advice is that the high expectation on bitcoin should be curtail so as keep your emotions, greed and risk tolerance in check, I guess this is where the problem comes from, that why only a pullback or drop some begin to sell off rather than accumulating more.
Looking from different perspective probably they might have made profits off there holding, still doesn't satisfy the need for investing in Bitcoin with a short term view.