Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Bullish period and advantage.
by
Wakate
on 20/06/2024, 19:01:07 UTC
Some investors are generally interested in buying more BTC at DIP prices and tend to sell during bullish times. But holding is more important because it will happen again and again when ATH is observed in the market with gap of few months. A bullish period is characterized by overall market optimism and expectations of higher performance for the future. Even offers higher returns than bearish ones. A bull market usually reflects the utmost confidence of investors that a person can align their investments in this positive trend. Increasing market value makes investors optimistic about the positive loop. These positive market conditions may prevent investors from being psychologically tempted to sell BTC. It can even discourage selling during market downturns. Many investment firms can build potential wealth by investing more during periods of BTC price appreciation.
People want to make money from Bitcoin that's why they want the price to goes down so that they can look for a better price to buy some they can make money from the ranging market. You don't have to be surprised that those of us that have large holding and want to quickly make money from the market wants the price of Bitcoin to quickly go up especially hitting 100K so that they can make a lot of money while those that have the intention to make money are looking for the best time to buy Bitcoin and other cryptocurrencies so that they can start making money from the market from the dip they bought.