Post
Topic
Board Bitcoin Discussion
Re: Chances to buy Bitcoin back
by
SquirrelJulietGarden
on 22/07/2025, 13:45:40 UTC
It's very difficult to buy back after selling. If you sell now, you'll see the price rise slightly in a few days. When you decide to buy, the price will start to fall again, and as a result, you'll be the one losing money.
If you're considering selling now, I recommend not monitoring the price of Bitcoin for too long. You'll find that it rises after you sell, and you won't make a profit.
You can buy it back again in a few months, or even a year or two, and you could make a substantial profit doing so Smiley
Timing the market is very difficult and usually by wrong timing, we sold not at peaks but later wit Essex higher highs. In early days after selling, we hesitated to buy back after price rises a bit but after waiting for some long time and wtmitnessing price soars a lot, we can not stay outside and decide to rejoin the market.

It is when we stuck around peaks and later repeat a classic mistake, buy high with FOMO and sell low with panic.