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?
Bitcoin is a long-term investment platform. Most of our market behavior is often controlled by emotions, not logic. We sell when we are scared and become restless when the market price fluctuates. When we sell Bitcoin after the price has fallen, its price has risen again. This will really depend on our timing, our success. Long-term investment attitude will make our investment in Bitcoin profitable. Should we buy or sell Bitcoin now? I would say, do not get confused by the fluctuations in the price of Bitcoin and decide on your strategy and long-term investment attitude. If you invest without caution or without knowing the long-term attitude and strategy, you will definitely face losses. No matter what the price fluctuates, you will benefit only if you can implement it in a long-term plan by investing in small amounts. Thank you!