Post
Topic
Board Speculation
Re: Bitcoin Bullish period and advantage.
by
betswift
on 08/08/2024, 06:39:55 UTC
Many investment firms can build potential wealth by investing more during periods of BTC price appreciation.
Actually Bitcoin conditional prices in a specific period of time can be very much influential to the public or Investors, it might either be an attraction to sell or to buy and hold.

At most perceptive view, lately buying at the Dip scares newly Bitcoin enthusiasts to invest their money on because they are untrust with the digital market and too quick to judge the current market condition with the thought that they would lost their funds since the volatility market nature can not be determined when the bearish would be revised for the bullish run to come for an excitement of making profits.

So, they would be more interested to buy at when the market is going bullish because they believe the trends will keep going for their chances to profit.

Buying dips with confidence can be positive for investors in downtrends in the market as many expect to ensure proper use of their capital at that time. Most new investors prefer to start their investments in downtrends and institutional investors increase their Bitcoin stash from dips. I think most Bitcoin investors can react to increasing their holdings in both bearish or bullish situations because they know that the price of Bitcoin will bounce back and there is always a tendency to touch a new ATH. By analyzing its value in the past you will notice its appreciation.

So during bullish periods it is recommended to continue your regular purchases of Bitcoin and take extra care of your holdings so that you can take extra advantage over time.

DCA leads the way, so to speak?