Post
Topic
Board Trading Discussion
Re: When is the best time to trade a Bitcoin
by
tottong
on 12/07/2024, 17:13:43 UTC
Experienced Bitcoin users are I think can still panic but not often as before or when they are still a newbie. There may be some who don't panic anymore but they can still worry sometimes. For the experienced Bitcoin users, their panic can also be different, like they will only panic buy because the price have been dumping a lot suddenly and then they can panic sell because the price have pumped up unexpectedly. Yeah, some has a different time zone but I think there are times that all of us can see the same price.

When we are involved in trading, we may actually experience panic when the price falls so sharply, but if we are aware that the price can rise again then panic can be avoided.
Different time zones but we will see the same prices, even though it's night in our place and someone else's day.
The point is that this process is not a reason why people buy or sell because usually we will see the right moment to enter the market to buy or sell.

Quote
As you can see, he still say to watch our Bitcoin's or the market carefully, so he knows that there is nothing easy in here.
If he just watched then there was no conclusion and perhaps waiting not to get involved at this point would be missing the best opportunity.
Although the current price of bitcoin can be purchased in large quantities because it has experienced a sharp decline, we will get much larger amounts.