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?
buying a coin in dip is quit safer than buying it when it is already high at price, but most of the buyer only buy coins when it is already on top because they can't control thier emotions, and that is the big problem not only today but also from the past people is greedy and they cannot control thier emotions and that make them loss.
Since we are talking about bitcoin investment, I want you to understand that there's no right time to invest in bitcoin. If you are waiting to buy bitcoin in a dip, you are wasting your time, and you may possibly miss out on accumulating a reasonable amount of bitcoin since no man or woman on planet earth can actually predict when a dip will happen. Instead of waiting for a dip, you can start accumulating bitcoin with the DCA strategy when you money is readily available because the DCA strategy will allow you to even accumulate bitcoin in the bullish trend and the bearish trend, and it will also control your emotions.
[/quote It’s often said that you should make haste while the sun shine. There isn’t a perfect time to invest in Bitcoin; waiting for a dip before you begin accumulate bitcoin could hold up your investment plans. For those looking to hold onto Bitcoin for the long period of time, it’s wise to embrace the DCA) strategy and start buying Bitcoin as soon as you can. This will help you develop a solid investment portfolio.