Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy Buy Buy or Sell Sell Sell?
by
I_Anime
on 24/09/2024, 14:16:44 UTC
⭐ Merited by JayJuanGee (1)
Experienced people will never buy Bitcoin when the price is rising, they tend to wait for the price to drop and then buy and store it for a certain time to take big profits later. Therefore, in investing in Bitcoin, never FUD and FOMO and must be able to manage emotions so as not to get caught in big losses.

You just switch it up , only those that do not have good knowledge about Bitcoin (inexperience) will wait for the dip before accumulating. Because waiting for the dip before accumulating is more of trading style not holding or investing. Because only those that can not their Bitcoin, will always trade with , which is buying when the price low and selling when is high ( which is an inexperience motive ). Because a through experience investors will always focus on what is ahead not what they can make now, and to get there they have to purchase alot of stashes of Bitcoin inorder to hold. With knowing that if they focus on the dip alone it will only slow them down or they will endup missing out,  Because they understand the system of Bitcoin as an experience investors .

certain time to take big profits later. Therefore, in investing in Bitcoin, never FUD and FOMO and must be able to manage emotions so as not to get caught in big losses.

You can see that you speak more of a trader (short-term Investors ) than an investor (long-term investors). The reason is that you have involved your self with a lot of shitcoins which have generated this kind of mindset making to think , like Bitcoin is like those other coins though they may fall under the same term as digital assets, doesn't mean they have some potential, so if you continue with such mindset you won't be able to build better investment in bitcoin, because you focus more on short-term profits.