Quote from: Yukyzu on September 29, 2024, 04:13:15 AM

Quote from: 2Pizza410000BTC on September 14, 2024, 11:59:20 PM

Quote from: ungkuahmad on August 13, 2024, 04:37:56 PM

Now that bitcoin is experiencing a price drop, is now a good time to buy or sell it?

The Bitcoin market is now at $60000 so we can see that the market has risen a lot. When the market reached $50,000 it was a good time to invest. Those who have invested can leave their investment if they want for short term. And if he wants to keep it, he can keep it. But since it is very difficult to understand the movement of the market, plan to invest from the instant market and hold it for the long term. Because we have a bull session ahead, we cannot prove when the market will increase, so it is better to invest from the position the market is in. But at this moment it is better to hold the investment than to sell because we have a bull session ahead and everyone predicts the market will reach 100k dollars so I don't give any advice except to wait.

Investing when the price is still around $ 50,000 of course they have made a profit when the price increases and it is true as you said those who choose to invest in the short term can certainly take the profits they have made and I agree with you that it is difficult to know the market movement so choosing to invest in the long term is very appropriate in running an investment in Bitcoin.

Bitcoin is highly likely to be bullish in the next few days if one is thinking of buying bitcoin for short term then it is more likely to be profitable but in investing in bitcoin I believe in long term investment is worthy because none of us can be sure what is going to happen in the next few days. Currently Bitcoin price is around 62k. Bitcoin is more likely to be bullish at this time of the month than other.

Bitcoin may make new ATH between October and December as we expect a higher bull market after the halving. Investing in Bitcoin anytime is suitable for those who interested in holding Bitcoin for the long term especially those who do DCA. However, if one focuses on short-term gains, then holding Bitcoin during this period can create a great opportunity for quick gains.