Post
Topic
Board Bitcoin Discussion
Re: What would a US recession do to the price of Bitcoin?
by
Wiwo
on 16/11/2024, 09:29:51 UTC
Warren's just following his old philosophy when many were still euphoric after Trump's winner in the US election, then he took advantage to sell his assets at their peak.

Honestly, now is the wrong time to buy Bitcoin. Anyone who is buying now should've bought it a month ago.

Although, if you are looking to sell off some of your holdings to get some cash, now is a good time. I just sold about $500 worth of BTC. Zero regrets whatsoever. (And I still have a huge stash.)
Very well the best time to sell your bitcoin is at an all-time high, and the worst time to buy bitcoin is at an all-time high, when it comes to bitcoin, we. all need to put some smart skills at work in other to remain at profits, this is a very important lesson that any bitcoin investors should have, since bitcoin is valued with it dollar rate, is very important to know how to apply the various bitcoin Dollar 💰 value and applying that to both your buy and sell price.


Buying Bitcoin at an all-time = high losses/waiting for an unpredictable time

Selling bitcoin at an all-time high = profits for those who bought bitcoin at a lower price.