Quote from: Barikui1 on Today at 07:22:31 AM

Quote from: laijsica on Today at 02:08:38 AM

[Edited out]

It is only traders or those that lacks knowledge about Bitcoin and it potential that will not take notice that Bitcoin is on the rise, that's why buying and accumulating Bitcoin now that it's very cheap is the ideal way to go about your Bitcoin investment plan, some Investors might think that $118k is too expensive, but that was how it seems like when it was just $100k, now $100k looks like a big bargain, so buying now regardless of it current price is the best decision an investor will ever make because in like 10 to 20 years time from now, getting Bitcoin at $500k might looks like a big steal if care is not taken, so it's best to act now that it's still pretty cheap.

With the rate bitcoin is moving by day, it is possible that $500k could be a sort after dip in the next 10 to 20 years to come. If only investors can understand that bitcoin has come to stay and do things right. This period would definitely be the traders time since price hike is often. There's greater chances of buying costlier after selling off your bitcoin stash. So why not maintain the buy buy stage. This is not the right time to sell even if you've invested at $73k previous dip. That does not also make you stay off from accumulating bitcoin this period since the price is still closely moderate and low in all.

Quote from: jems on Today at 07:23:48 AM

Quote from: harapan on Today at 06:38:33 AM

[Edited out]

For those who have been familiar with or studying Bitcoin for a long time, I don't think panic selling will lead to losses. In fact, holding Bitcoin for a long period of time will yield significant profits. I think everyone knows this, but if someone sells their Bitcoin holdings early, it could be for other, more personal reasons.

Bitcoin is currently at its peak. Just a few days ago, we saw its latest all-time high. However, that doesn't mean we should stop buying. Instead, consider the possibility that this will continue in the future, creating a strong incentive to continue buying Bitcoin to avoid regrets when the same thing happens again.

How do you mean that Panic selling does not lead to losses if you have been studying bitcoin for a long time?? Panic selling is unplanned and happens when fear sets in. Panic selling could land you in great losses if you wish to remain in the bitcoin investment then after. Bitcoin is still maintaining the spot above $117k for over 48 hours now. A panic seller who bought bitcoin at $105k would sell off his bitcoin this time maybe after watching it slack to $117k from $118k. At this point, he's wondering if he should gamble it to know if bitcoin touches the $120k or if this could be a road to Market correction which they wouldn't like to risk. Now, after selling their bitcoin stash, they start wishing that bitcoin falls below $100k to please their selfish interest. If this does not happen, as bitcoin does not depend on anybody's wish to set its price; they either stay off bitcoin investment pending when their requirements would be met or they end up buying at a loss.

Losses by panic sellers does not necessarily mean selling below their accumulation price, but selling below their next possible buys which immediately gives them lower amounts of bitcoin with same amount they have sold.

As for bitcoin being at its peak, that's not true. Bitcoin still has a long way to go and that should be the drive. Awareness is increasing and more investors are getting interested in bitcoin.