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.
Do you agree with me that Bitcoin is the only coin you can truly trust in the long run when it comes to investing? No matter the dip that they may come due to different factors that normally affect the price of Bitcoin there is this assurance that the price will surely be good in the future if an investor is patient enough to wait.
Most people that do care about the upward and downward movement of Bitcoin are those who have not accumulated enough because they focus more on what will be the price in the next few days, weeks or month instead of focusing on how to buy and accumulate a lot of Bitcoin. Every time is good for buying but not every time is good for selling this is my theory, when you buy at any price you are obviously accumulating but when you sell at any price you might either be taking some profit or diminishing your investment.