Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after, the said coin drops in value, or someone sells his coin for a certain rate and then it appreciates just after.
What's your take on this? Given the period we're in is it buy time or sell time?
The fact is that when it comes to the crypto space there's no specific time that is specific and good enough to sell because the fact is that the best way you can actually enjoy and benefit from crypto space is to hold your coins as long as you can become crypto currency especially Bitcoin is one coin that has great prospects of growth over a given period of time so any one that sells his coin in a short time and miss out on the the profit because the coin made a steady rise has its self to blame because that person was not patient enough because the key in the crypto community is to hold as much as you can
Surely you might be making some sense but the way of composing your statement make it look thus Bitcoin is shitcoin. Actually in this thread cryptocurrences are referred to as alt/shitcoins and referring Bitcoin to cryptocurrency is no accepted. And secondly you said that "
there is no time that is specific and good enough to sell" of course that is a lie. There is always a planting and harvest time for the farmer, which means during the planting season we can not harvest except for the harvest time. Likewise for the Bitcoin investors, during the time op investment we can not talk of selling untill me have met our target or reach our final stage of accumulation when we can begin to shave off our profit. And I also agree with you that making profit in Bitcoin required a long term hodling but next time when making reference about Bitcoin, don't tag it as crypto because crypto surely mean shitcoins and that may change the intended meaning of your statement and that will attract people that weil attack you. Hope you have learnt.