Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
uswa56
on 28/06/2024, 03:16:02 UTC
Deciding to buy it when conditions are experiencing a downturn, of course this will make us profit when prices increase again, but we must be able to use funds that we can hold for a long period of time and don't let us not hold onto any money in the hope that it will If we can get quick profits, of course this will be detrimental to us when we decide to buy in large quantities and we cannot afford to hold on for a long period of time.

You are right, we don't have to wait for a decline if we really want to collect Bitcoin and also we can't know very well when the price is really at its lowest and I agree with you that it would be better if we could buy whenever we have more funds and can hold in long period of time.

If you want to take this step, you must divide your funds into two to three parts. One part is used for long term folding, second part you buy dip, and third part you keep for emergency fund. Because the more bitcoins you receive, the more benefits you will receive. 
Of course it should be invested for the long term, you may get more benefits in the short term and face losses later on. But be sure to watch yourself and buy more dips, so that you will be able to reap the maximum benefit when the bull market arrives later.
Dividing several portions of the funds we have to invest is a very good plan so that we can carry out investments without having any disturbances, because if we do not have proper planning when carrying out investments of course it will be very difficult for us to make a profit from carrying out investments. investments and we may even experience losses from these investments.

I agree with you, it would be better to maintain investment in the long term and as you said we have to be very careful when buying during a downturn and don't let us be unable to maintain investment in the long term and wait for profits when prices increase.