Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
sotelorene
on 30/05/2024, 21:35:15 UTC
I was expecting you to outline people invest in Bitcoin because of how valuable it can be and an asset worth also like Gold of which is the best place to make our money work for us.

we assume that investing in Bitcoin during this time is much better in preserving your assets, interacting with Bitcoin investors should make them able to understand Bitcoin and Investment in it, and honestly nothing is too late for those who still want to get into Bitcoin even in the current circumstances. very good value.
I don't agree with you; anybody who says this period is the best time to invest in bitcoin was doubting bitcoin and refused to invest in bitcoin when he had the chance to accumulate bitcoin at a low price, but he didn't. The best time to accumulate bitcoin is in the bear market because you will accumulate a reasonable amount of bitcoin with less money, but anyone who fails to accumulate bitcoin in the bear market can do so when bitcoin is at its peak since bitcoin is a long-term investment.

Well there is no time that is not best for accumulating bitcoin more especially if you are doing DCA. so longer as you are long term investor dip, bearish market shouldn't be consider the best time to accumulate bitcoin . I think the best time to accumulate bitcoin is whenever you have disposable income.


Different people with different perspective, most people believe there's always a best time to invest in Bitcoin why most people believe everything is best to invest in Bitcoin and I don't want to dispute any of these but one thing they should know is that, that which they believe has an advantage and disadvantage. Those who believe that there's a best time to invest in Bitcoin are those people who wait for the dip, bearish etc before they invest and the advantage is that if they should wait and the Bitcoin dip and they invest they are going to be on profit if Bitcoin take a bull run but the disadvantage is that if they wait hoping for Bitcoin to dip and then it happen that Bitcoin skyrocket they won't be able to invest.

However, those who believe there's no best time to invest are mostly the long term holders and some of them uses the DCA method and  the advantage is that, they don't bother about the movement of Bitcoin because no matter the down trend it will surely come up.