Quote from: Wiwo on Today at 09:34:24 PM

Quote from: Miles2006 on December 11, 2024, 10:20:29 PM

Quote from: B-BossMan on November 12, 2024, 12:26:13 PM

Its always advisable to consult experts before making decisions on investment to minimize risk in investment,because bitcoin price fluctuations can be unpredictable.
I know quite alright that whenever the price of Bitcoin rises it always be of benefits to long existing bitcoin holders,long term investors and others, Because they see their values increasing,it's very good to be happy when you are making unexpected profits and progress,because it can give you more courage to invest more on bitcoin cryptocurrency,Now i still want know when the bitcoin price falls, who are those the fallen prices directly or indirectly affect the most?

If bitcoin price should affect anyone badly I believe they don’t know what bitcoin is all about. Actually, it all depends on the kind of mindset an investor have towards bitcoin investment either long run or short, although when the price increases early investors will benefit meanwhile a decline is an opportunity to buy and hold. I know a lot of people will be expecting newly investors to face lose definitely I don’t agree, consistent buying even at a lower price knowing bitcoin value will increase even if it may take a long time that’s why it’s advisable newly investors invest with a long term plan.

One of the point we have to understand is that bitcoin investment has several categories, we have those that buy bitcoin amd hold in the wallet waiting for the right time and price to sell and take profits, this set of investors have less risk because as long as their keep holding they bitcoin, they will be at a safe zone Because they font lose they bitcoin even though if the price of Bitcoin crash to whatever price.

Those that have higher risks are the trader's most especially those future amd derivative trader's, this set of bitcoin investors are constantly at high risk of losing their money each time the market drop significantly, some of them get liquidated when their can no longer sustain their positions.

Or simply talking about who do tend to hold for long term or short term on which it will really be just that depending on a certain individual and there's no one will really be having the rights on what you should gonna do because its your money after all. Whose been that affected? Of course everyone that does make out that investment will really be that affected not unless into those people who are really that holding for long term then this wont really be that an issue but for those who are really that making some scalping or day trading whether on Bitcoin or in other coins in the market, then they are really the ones who do get affected with these short term swings in price on which its very normal.

Bare in mind that it wont be called a market if it doesnt have that volatility on which simply means that price could go up and down and you are really that making up money out of these movements on which this is the standard. It will really be that up to you on how you would really be gonna playing up with the movement of the price because trading is never been easy. Buy low Sell high might sound very basic but on the time or moment that you do step your foot into this market then it will really be just that too hard for you to be able to execute such action because of the unpredictability and randomness of this market.