Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Lida93
on 10/11/2024, 12:55:47 UTC
But sometimes when we have that kind of fund and see Bitcoin going down, we can't resist the urge to add some to our wallet. It's a human condition and is often experienced by investors.

That is why bitcoin investment is not for the weak or those who can't hold for long and overcome market fluctuations because at some point, the price is meant to fluctuate either ways but if you have a long term target you won't be moved to sell even when the price is falling.
Well, at this point with the spike to which bitcoin price is rising to anyone who couldn't hold due to emergency circumstances would be snoozing now looking at the profit they would have been making as the price of bitcoin continuous to rise.

This is why we have always emphasize on having an emergency funds in order not to miss opportunities like this in the bull run season due to forceful sell of funds as a result of unforeseen  and unexpected emergency problems that the investor weren't prepared for. As a bitcoin investor, having an emergency funds is relatively important as buying and hodling of your BTC under a long term plan.