Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
STT
on 06/07/2024, 20:04:10 UTC
It is very ironic that the newbies with no BTC are likely to have the most worries on every Bitcoin downturn.  Ironically the people who've been around more then 1 cycle, 5 years say are considerably less worried by the minor turbulence we're in and yet the old timers are surely more involved then a newbie so have more to lose.


Worry about the price when its time to sell, we're not close to a good time to sell.  Even if price went to 80k its not really the time to sell right now.   So if not selling, a newbie especially is buying.   If the price of anything you are buying is now cheaper, arent you happy.

Easy to say but try to digest that mindset of being happy when prices are lower.   Movements now arent the big deal, I really do doubt we've topped and that minor ATH was all we see.  It wouldnt add up and larger time frames reflect a larger move ongoing.

It could be a summer 2019 moment where its going up and thats it for a while.  Sure thats possible but it still means the proper gains are later.   I'll take another year to accumulate as a positive, if it went right up now I will be lacking because I dont have enough BTC.   I aint that rich, takes most people time to buy and overall the market is accumulating imo.