Post
Topic
Board Speculation
Re: Is now a good time to sell or buy bitcoin?
by
Farma
on 30/08/2024, 08:07:16 UTC
Those of us who plan our investments for the long term will always advise investors to focus on buying rather than selling Bitcoins. We usually invest in our own strategy and we have the idea that we will invest whatever leftover money we have and just keep doing it. When I sell my investment but after the sale I have no expectation but when I have the investment I have the expectation that I will sell this investment at the highest price. That is why every investor should have specific goals. Just like I won't sell an investment until Bitcoin hits $100k, other investors like me should have such a long-term plan and have their own expectations. So from my background I would always advise the investor to focus more on buying rather than selling investments.
When someone makes their investment plan for the long term, of course they will maintain the investment they currently have compared to selling it because if they decide to sell now, it is certainly not the right choice because we all strongly believe that the price of Bitcoin will increase in the next few months and continue to increase investment according to the funds that we are able to maintain in the long term so as not to be disturbed in running the investment because if we choose to use all the funds we have and do not leave funds for emergency needs, of course it will be very difficult to maintain investment in the long term because if we suddenly need the funds, of course we have to take the funds under any circumstances.