Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Mayor of ogba
on 28/03/2025, 14:12:19 UTC
If someone is interested in short-term investments instead of long-term investments, then they can carefully observe the market fluctuations and then make decisions.
As you are still in your learning process, I won't blame you so much for sounding this way, but I want you to understand that trading bitcoin for short-term profit will only expose you to buying bitcoin with most of your money so that you will stand the chance of making short-term profit if the price of bitcoin increases, and if the price of bitcoin doesn't increase as you were expecting and since you used most of your money to buy bitcoin, you will have no other choice but to sell your bitcoin even at a loss to get your daily expenses solved. As a no coiner, you shouldn't even be talking about short-term profit because it might likely distract you from investing in bitcoin for the long term. As a no coiner, I would prefer you to channel your attention on investing in bitcoin for the long term, and you should adopt the DCA strategy so that it will allow you to accumulate bitcoin anytime you want to accumulate bitcoin without even observing the market fluctuation, and you will have the chance to build up your portfolio gradually.