Many people start buying bitcoin only when it’s being talked about everywhere, and that usually happens when it’s growing strongly, without delving into the cyclical nature of its growth — just buying. And when its price drops, many start exiting quickly to minimize losses. I heard this idea a long time ago, when everyone starts talking about buying bitcoin, it’s already time to sell it, and vice versa.
People are starting to realize how bitcoin can be a hedge for value in uncertain economic conditions so that investment in Bitcoin is a good choice.
When the condition of the decline that occurs in Bitcoin actually you also do not need to sell when the investment underway is long -term, except for those who invest using short -term patterns to generate profits.
Bitcoin is much better when invested using long -term patterns because there are many advantages that can make people experience maximum profit.
People recommend not buying at a high price when someone is just starting to start or may use a short -term pattern for investment that is lived because for beginners it is feared that buying at high prices will experience panic at the time of correction.