Quote from: Belarge on Today at 05:56:14 AM

Quote from: wxa7115 on July 02, 2024, 04:39:01 AM

Both are possible, it is just that since we have no way to control the events that happen around us, being too aggressive in our investment strategy can be very detrimental, if we find ourselves facing a difficult set of circumstances.

So the safest path is to build your emergency fund and only then begin to invest in bitcoin, however such an approach has an opportunity cost and you may miss buying bitcoin at an attractive price, so I can understand why you may prefer to take a hybrid approach.

The marker respects nobody but flow according the demands and supply. Its a buy buy buy for some traders when we're talking about bitcoin while it's a sell sell sell for others based on their strategies. Our circumstances is based on the principles we have derived. We should be able to understand the market and how it is relatable to our basic strategies map. The market is filled with volatility and the earlier we understand how it drives, the better for all of us.

From what I have learnt, considering Bitcoin investment as the best when it is bought and hold for a long term, one can buy at any time irrespective of the price point and hold for long, but considering selling should be more talked about only if one has achieve a good size of Bitcoin and have held for long term before talking about selling.