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?
That is why it’s always advisable to buy and hold for long period , you can only get the value of Bitcoin when u buy and it could be for a long term or
a short period.If you Buy and sell you may be at lose because the market is volatile. There may be increase today and decrease tomorrow, but stacking up for a long term gives more value, so there is no point of trading with your investment.
When investing for a short period is part of the plan, there will always be problems, especially when the price of bitcoin is dropping. It is important for investors to make good plans and decisions when planning to buy bitcoin because if investing for the long term is not part of the plan, it is very possible to sell along the line at a loss. While buying bitcoin to invest, long-term investment should be the priority, and investing in bitcoin with a specific duration and time to sell can also affect investment because bitcoin is volatile and the market is unpredictable. Buy bitcoin and hodl with confidence, and never have a specific time to sell, but hodl until you are satisfied with the value from your hodling.