Re: Buy Buy Buy or Sell Sell Sell?

Quote from: Mate2237

As for me it is not good to buy! buy!! buy!!! And sell! sell!! sell!!! And it is good to balance the equation by buying and hodling for the time goal you have set to sell. You can set a DCA method to buy and set a long term goal for the investment so that you know what you are doing. Many people came to this cryptocurrency investment business without any plan or goals and they are just investing when they have money and that is a wrong investment plan but at least let the person plan well and if possible have a particular year which will like to sell his coins.

Yes, the price is still high for investors to purchase Bitcoin from the market, because there is a hope that the price will definitely going to reduce more than this in the future and you can use that opportunity to purchase Bitcoin and apply long term holding to achieve income. Having a good plan in Bitcoin investment, I think is a favourable thing that will make you to make a good decision that will help you to maintain a good strategy that will add more income to your wallet when the bullish season appear in the market. Since the price of Bitcoin use to increase high every four years, I believe it will be a good strategy to hold like four years before you can think of releasing your Bitcoin to the market to make massive income.

It is bad to keep waiting for the price of bitcoin to dip before buying. When the price of bitcoin was at 67k, some people were waiting for it to dip. It has dip to 64k, and you are saying that the price will still dip. New investors into bitcoin should not wait to the dip.

This is going to be an opportunity for new investors that he might have been waiting for with his short capital. There are also many who are within the DCA who may increase their buying. Everyone should be inclined to buy on dips otherwise you will walk away from huge profits. You should definitely buy bitcoin from dips as it may be short term and soon turn bullish.

Well, waiting for the dip is not right as accumulating should be a continuous process whenever the money is available. It seems you’re trying to say it’s a must but, sometimes I lack the money to accumulate more whenever bitcoin price decline so I just continue my normal dca strategy and build my portfolio gradually, most times I can still save up some money for buying like increasing my accumulation amount so it depends how I handle my money monthly secondly no one is missing out because if an investor lack the money at the moment I see no reason pressuring the urge to accumulate more as it might sound being over aggressive when there’s no funds. Only traders can time bitcoin in such manner like the last paragraph, if anyone should follow that move it simply mean the person might hold for short period.