Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
LGD2Business
on 18/04/2025, 23:57:09 UTC
Its really no sense to buy if the price starts to rise if you are in trading since actually that is bad action to made since its like you are buying at FOMO and might lose your money if sudden correction came.

But we are not actually talking about trading here and our aim is for long term so buying at what price either it start to rise or not should not be a problem. Since we are not targeting small gains but rather our main goal is to get volume as we can especially that we aim to accumulate lots of Bitcoins until we hit our target years for our investment.

Also good if we can buy Bitcoin at the lowest point but there's no sense of waiting for that situation since its like we are wasting to much opportunity to accumulate more volume especially that we don't know on when that price dip happens.

You don't fully understand the situation. Let's say we do DCA by buying Bitcoin every week on Sunday at 18:00. On Sunday morning, a pump started and prices increased by 10%. If you get FOMO and buy the coin in the morning at the 10% increased price, you will break your strategy. At 18:00 in the evening, the 10% rise could give back 5%, because it was a sudden price change.
Now who benefits more in this scenario, the one who sticks to his plan or the one who got FOMO? This has nothing to do with trading. Everyone wants to increase the amount of coins. Those who stick to their plan will be more successful.