Quote from: Cryptoprincess101 on May 13, 2024, 11:21:58 PM

Quote from: Kristiyana on May 12, 2024, 11:01:49 AM

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?

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.

Cryptocurrency pumps and dumps normally because you can't just expect them to pump all the time without dumping and this is due to their volatile nature that is why it is advisable to invest in Bitcoin because there is no coin amongst cryptocurrencies that is better than Bitcoin such that even if it dumps it will still pump again even higher than the initial price it was before it got a dump and there is no way Bitcoin can dump and never recover back again unlike other cryptocurrencies that can dump and disappear which leads to losses for any investor that make a stake on them.

Investment activity is driven by the natural reaction of pumping and dumping in the investment market. It is possible to find relief through volatility because when you think the price of BTC is volatile (downward price)/dips you can buy if you have enough money to invest. Lump sum for a more peaceful investment that can return you double or more in the long run for the future. Besides, the simple solution to bullish situations is to consistently buy BTC every month following the DCA strategy, which you can profit massively with long-term management. So your investment in long term BTC holding strategy can turn out to be much stronger.