Quote from: Hamza2424 on Today at 09:15:25 PM

Quote from: Dorkylickjj on March 06, 2024, 08:50:37 AM

Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after, the said coin drops in value, or someone sells his coin for a certain rate and then it appreciates just after.
What's your take on this? Given the period we're in is it buy time or sell time?

Haha, it seems like a chicken crying before getting roasted, the simplest answer is to buy in the accumulation zone + Deep Bear Zone and sell in the Bull mode distribution zone and these are terms holding every information you need to know.

That sounds like a trader speaking, and we should not presume that people who buy bitcoin are traders.

There are a lot of us why specifically recommend not to trade bitcoin, but instead to long term invest it, so in that sense, you do not have to focus much on selling it or when you sell it, until after you have accumulated enough and perhaps been in it for a long enough time.. so then the decisions about when and how to sell could well come later, even 10, 20 or 30 years after being in it...

Yet, of course, it would be difficult to suggest that anyone buying bitcoin for 10, 20 or 30 years not think about selling at all, since the selling kinds of considerations would likely have to do with the person's situation in terms of how aggressively or whimpily he might have been accumulating BTC in light of his own financial and/or psychological circumstances.

Quote from: Hamza2424 on Today at 09:15:25 PM

TBH, if you were talking about the current situation last week was a good opportunity or I can say was the one of last opportunities to jump into not market in most cheapest market race, and the figures prove that it was the last one, 47k Bitcoins accumulation in 36 Hours source is not authentic but still if this rumor posses even 30% of legitimacy that's huge.

Surely there is nothing wrong with buying on dips, but a person who has a tight budget might not really be in a situation to change the amount of his weekly-ish investment into bitcoin, so he might well be buying at any price until he works up a bitcoin holding that he believes is enough or more than enough.

I have not yet seen anything about 47k BTC being accumulated, but yeah, surely in these times, it is may well be easier to NOT to be surprised various kinds of ongoing buying pressures.