Post
Topic
Board Bitcoin Discussion
Re: Are you increasing your bitcoin investments because of today halving ?
by
shield132
on 08/05/2024, 09:52:07 UTC
Are you increasing your bitcoin investments because of today halving ? For how long do you plan to hold this new investment from here on.
It would be best if you increased Bitcoin investments when there are good moments to buy the Bitcoin. I sold my Bitcoins when the price was around 60K in 2021, then I waited till 2022's winter and bought Bitcoins back when the price was 20K USD and I sold them recently when the price reached ATH but to be more specific, I sold them at 67K. Right now I don't own Bitcoin or any currency, I only own cash and I personally believe that Bitcoin's price will go down a little bit because the price doesn't increase immediately after halving, it always falls slightly and then bull run starts in winter. So, I'm waiting for a 50K price to buy Bitcoin and then I'll hold for a long time, till we surpass 100K USD. That's my plan right now, I prioritize catching only the great moments, this way I feel calm and profit way more.