Re: Buy Buy Buy or Sell Sell Sell?

Quote from: dolbayob on Today at 08:12:03 PM

Quote from: virasog on Today at 05:52:43 PM

Yes, those who are waiting for the bitcoin price and then they can buy, would never buy because on every drop they become more fearful and think that it may drop more. If anyone hasn't had any positions in Bitcoin, I think they should buy with 25% of the portfolio now and then buy more on every dip. This is because in case the price pumps from here and doesn't give a pullback, the person won't be left waiting. Also, I would not feel nervous buying near 110K because I know that this is not the ultimate top for this cycle and for years to come, it is like buying under 50K Wink

I wouldn't wait I would just buy and hold. Because why would I wait? We don't know if it's top or not. Even if it is top we will see higher in the future. So just dip in and buy whatever you can.
Hold as long as you don't need to withdraw and buy more as long as you have spare money to invest. There is no other option. Buy buy and buy more until you have decent amount. Then you can wait and enjoy higher prices with as much as Bitcoin you have in your hand.

As a serious minded investor all you should be after is not the price but on how you can aggressively buy and hold more Bitcoin to your portfolio, for as long as you want it, and the aggressive buying should be consistently for a long-term using your discretionary income in as much as there is enough and strong cash flow that will sustain your aggressive purchasing, because at the end of accumulating period you will be more profitable than the amount you used in buying Bitcoin since the price of is rapidly rising