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?
I believe that's the dynamics of the market and one thing you most know is that there is ups and downs when it comes to investment and there is every possibility that after buying a certain coin it will likely appreciate as time goes by while in most cases it will depreciate after you have bought but so long as you invested on a good coin no matter how the price drops it will surely bounce back to it normal price.
In this thread we are mainly discussing BTC price and buying and selling so I think we should discuss about that and not other currencies. Price movement and ups and downs are normal in the market so you will decide to invest by analyzing the past price of the currency it is the initial stage.
Secondly, you must take expert advice and make investment decisions after due diligence. Acquiring the ability to understand your investments, which may be difficult for you to understand if you have not invested, because when you invest regularly you will see its value and experience it.
When you finish checking you should definitely see BTC at the top and this is where the investment decision should be made because of its price history and popularity among investors. Many investors may be scared of investing because of the high price of BTC but by following the DCA method they can start accumulating BTC little by little every week or every month. In bearish period can increase the tendency to buy which can make him more profitable in future. Make long-term investment decisions and stick to them.