Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Bravut
on 01/06/2024, 17:20:32 UTC
The first is to accept the risk and have a plan for how long you will hold it. And you can use some money to implement your plan, and you can buy dips every now and then with a little bit. And by buying bitcoins you can be successful if you accumulate bitcoins in a solid wallet for a long time. Because investing for the long term can buy bitcoin anytime as our bull run is about to begin.
Having a plan before investing is of course very important so that we can determine the target we will achieve in order to make a profit. Deciding to buy when it is experiencing a downturn certainly doesn't hurt, but we can't know for sure, therefore it will it's better if we can buy as much as we can and can survive for a long period of time, yes of course we will immediately get a profit because it is possible that in the next few months the price of Bitcoin will increase.

I don't think if there is anytime you buy Bitcoin that it will hurt, buying Bitcoin doesn't hurt unless if you are trader for Short term profits may be probably you bought Bitcoin and after buying it dip further while you are expecting it to go up in order for you to see profits as soon as possible, that is the reason why it is always advisable to treat Bitcoin as a tradable coin, but any one buying Bitcoin to hodl for long will not get hurt even on buying or seeing Bitcoin making an uptrends or downtrend because the plan is to hold for longer period of time and not for few dollar profits within a short period of time.

Some persons will keep learning the hard way and many will still learn, I do not understand why many are driven with quick cash in Bitcoin Market, neglecting the value of Bitcoin and the benefits of holding and accumulating Bitcoin in a long run guided by plan and Target.
Bitcoin is not just a mere coin, many are still deceiving themselves claiming to understand the value of Bitcoin yet, still approaching it wrongly.