Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Marvelockg
on 04/07/2024, 14:15:42 UTC
Maintaining Bitcoin in the long term is certainly not something that can be done easily if we don't have a plan in carrying out the investment, but it requires patience, sufficient knowledge and we also have to be able to use funds that we can maintain for a long period, when looking at market conditions. is experiencing an increase. I agree with you. If we really want to enjoy the profits we have, we can take it in small amounts and keep Bitcoin in the long term to achieve the targets we have made before deciding to invest.
Right now market conditions are not improving, especially for Bitcoin itself, but that doesn't mean that price correction conditions like today that are happening in Bitcoin can't be taken advantage of. Because in conditions like this, everyone must be able to be patient and must also be able to buy more if they have spare money that can be used to take advantage of this. I thought about this when I saw several investors who made a profit after they bought Bitcoin at a low price or when the Bitcoin price was experiencing a decline like now.
In a normal circumstance, an ideal investor who's hoping to continue buying Bitcoin for the long term is supposed to see every DIP as his advantage and not a time to be discouraged. Every correction has always been an opportunity to buy more Bitcoin at a cheaper rate and what we have here isn't a serious correction for most newbies and some others that haven't stayed long enough to a period of two years or so and that in itself means that what's actually happening now shouldn't be a course of alarm for them.

For those that are still at the entry phase of building their Bitcoin portfolio and have plans of HODling for at least four years which might be around the next circle in 2028, it practically means that bulls shouldn't be your best friend Although it sort of sends a strong relief to know that Bitcoin is more bullish than it was at the time you started investing. When you've experienced some correction, it's just best to keep buying and forget about a single thought of selling since you're far from reaching your accumulation goal. Chances are that the range of value we've seen recently from $60k to $70k that has taken this long to keep revolving around this price might just be the last time we will ever be this low and towards the end of the year or so, we might see a bull that will bring us to another region of fluctuation above $100k to $120k making it less reasonable while considering that you were being skeptical about buying at $60k to 73k because you felt it hasn't dipped enough.