Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
GeorgeJohn
on 21/06/2024, 21:54:05 UTC
<...>

people like instant selling after purchasing that also generate a loss when you have not understand the system of Bitcoin because there are some persons when the purchase Bitcoin due to the price of Bitcoin or information of Bitcoin you showing that the market is going down they will be on panic to sell their Bitcoin that is the time they make a loss on the process
that's why getting the basic knowledge of Bitcoin investment is important before getting started.  Part of the reason why some people sell out their Bitcoin is that the price was coming down and they needed to push it out as fast as possible so it won't go further than it already it. The reason why such things still disturb some people is that they are still mixing Bitcoin and crypto to almost be in the same level and maybe because they've hard that some coin do gain value to some level and then goes to become valueless, they assume that such thing is possible with Bitcoin. As someone that has been in the system for a while and have done some personal research which has fed me with some basic fact, the bearish seasons aren't different from the bullish season for someone that's still in his accumilation stage. As long as you've not reached your target, every bearish season should be an opportunity to buy more and not to sell your already bought Bitcoin because of any fear of any sort.
actually both of us is in the same direction of statement but the thing is that it is obvious that what makes some people to panic whenever they purchase a Bitcoin and the price continue to get low or get decreased after purchasing a Bitcoin is because there are afraid to lose what they have invested so based on the Lack the knowledge and the understanding of cryptocurrency investment the panic or the information can lead them to lose  their investments, that is why I've been emphasizing that cryptocurrency investment is a something that based on research if you research and have a problem knowledge of Bitcoin I don't think that you will be able to panic whenever the price of Bitcoin is getting decreased in market after you purchased bitcoin already