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?
It's either of them cause the markets is in an unstable rate so when it tends to drop people buy in more coins and when it rises they do same as well, this is because they go for what's good and beneficial to them. It maybe buy time when the price rate drops cause the market seems unpredictable.
Market volatility will definitely occur because if there was no volatility in the market, investors would not be found, otherwise there would never be so much competition among people and there would be a shortage of investors. The more volatility occurs in the market, the more investor competition will be seen, otherwise Bitcoin investors will hold for a long time and only buy dips.
Every investor likes to buy at a low price, but in the case of holding, most investors may have more thoughts of selling because they are greedy for money and sell their Bitcoin investment.
Investors who make such mistakes are not ideal investors, an ideal investor will keep holding Bitcoin for a long time according to the plan and will hold it for a long time no matter how high the price of Bitcoin is.