Post
Topic
Board Nigeria (Naija)
Re: When is the best time to sell your investment.
by
Promocodeudo
on 17/02/2025, 16:05:23 UTC
So na watin need quick attention, make we talk am so one fit know when best to sell our investment. Thank you
Which kind question be "best time to sell your investment?  Or abi do you think Bitcoin na get rich quick scheme? Because if that's what you thought, then I'm sorry to disappoint you that Bitcoin is not a get rich quick scheme, as it is a volatile decentralized digital currency whose price value fluctuate with respect to market demand and supply. Hence, the best time to sell your Bitcoin is always from 5 to 10yrs after investment. Since by such timeframe, Bitcoin is likely to have undergone halving, fall dip and skyrocket to paved way for another new All Time High, and result to either 2 to 5x of your investment capital. Hence, it's best to invest what you can always afford to lose, so that you can stop getting worried whenever it's price value falls or increases by $3000.

Maybe the op doesn't understand that Bitcoin is not shitty in nature or may he isn't aware that Bitcoin is a good futuristic asset as such no one should be considering to sell a futuristic investment as quick as he thinks, it is even laughable for anyone to ask when is the best time to sell and investment as the op asked, i think such question is very funny, do people really sell such investment outrighlty or just selling some fraction after 2 or 3 cycles thats if one has been hodling for those intervals and again if one has also acumulated enough may find it necessary to sell a few bucks to reinvest in other good investment aside this aforementioned reasons, I don't think is even nice for anyone to think of selling at any point, bitcoin is an investment that requires patience to be involved with, so anyone thinking of investing in Bitcoin should be prepared for a long-term thing so he can concentrate on acumulation and holding.