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.