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.
This is literally a lay man clearing on how we should go about investing in Bitcoin trusting our accumulation phase with a long term view of the market.
Patience is the key while Holding Bitcoin with a solid plan your target is achievable.
I do lay emphasis that we should not just accumulate, hold in a long run it incomplete without having a target which you wanna achieve.
Let say; Having a target of accumulating 5BTC in this cycle am not saying it must be 5btc but according to your means. I don't know how you view Bitcoin for me it an Asset like physical Gold, so nothing gonna stop me from having it even if it not physical and keep accumulating ensuring I meet my target with my plans.