Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Shadiq
on 11/11/2024, 16:04:24 UTC
That is true, surely we don't need to invest in bitcoin because of the current price or the high volatility. Knowledge and understanding of how investment is, should be put into consideration before some people need to invest in bitcoin. Of course bitcoin may be high or low and people with a motive of making quick gains may fall to the trap of trying to invest now trying to be smart and later caught up in the web, and they become angry since their motive was for trading and or making quick gain. That's why it is said repeatedly that our major reason or concern for investing in bitcoin is not for the little profit from the price change of bitcoin, but for future profit.
Surely most time some folks feel left out and sell quickly due to panic, but that is not a nice idea. We should be careful in decision making otherwise we become the problem of ourselves.
This advice is important for a trader. A long-term investor can buy at any market price and enter the market. Are you asking to stop investing during this upswing in the market? A trader may not need to buy during this market volatility, but why is it necessary for an investor to stop investing? I think for a long term investor there is no need to stop investing during this market volatility.

I think there is no need for a novice investor to wait for market volatility to invest. Basic knowledge may be enough for a novice investor to start investing. Long-term sentiment, ignoring market volatility and basic knowledge are enough for a novice investor. After starting investing you can gain deep knowledge about bitcoin and investment, deep knowledge is necessary to protect your investment. Remember, the longer you delay investing, the more regrets you will have.