What's your take on this? Given the period we're in is it buy time or sell time?
If you must buy Bitcoin then it should be today, if you have your discretional income ready buy Bitcoin immediately and keep buying,no dulling. The truth you need to know for yourself is that the price of bitcoin wouldn't wait for you or anybody regardless. What's the points of selling when you haven't started or don't you think it's too early for such. If you're interested in buying Bitcoin, don't give a second thoughts about it, buy right way and you wouldn't regret your decision. While investing in Bitcoin, you need to understand the basics about it and how it works. Always approach the market with a long term plan to become a potential investor, yeah you need to be consistent in your approach in buying and accumulating Bitcoin using your discretional income for purchase. Infact just keep buying and buying until you reached over accumulation target and hold for a long term period of at least 4-10 years or more. The goal here is to keep buying and holding for as much as you can for the long term .
What i understand is that our goal of accumulating Bitcoin is not only to get the potential and benefits in the future, but there is also an inflation factor that plays a role here, i mean after 4-10 years you hold Bitcoin, then what? sell it because you think you have benefited, then keep fiat? which can be printed indefinitely. no, that's not right. As we know fiat is eroded by inflation every year, maybe the amount will remain the same but the value will continue to decrease,
those who understand Bitcoin will understand that Bitcoin is not just an investment asset, but also as a form of value protection for the assets we have.I understand your point here and that's even if when we must have reached our over- accumulation target and have made a lot of profits from holding for many years,we shouldn't only see Bitcoin as an asset that generate profits alone but should also be seen as a store of value that protects our assets against inflation. It is all wise when we continue to hold our asset in Bitcoin that we are sure of will continue to increase and appreciate in value overtime,the more we continue to use Bitcoin as a store of value,the more valuable our assets will be. Rather than holding our funds in FIAT currency that will keep our funds devalued due to inflation ,we should choose to maintain our investments in Bitcoin as the best store of value .