Quote from: Makus on July 28, 2025, 07:42:14 PM

Quote from: RaraAvis on July 21, 2025, 09:07:32 PM

Hi all

Looks like a short term draw back is in order for BTC.
I am thinking of selling to then buy back.
I am reluctant to do that, to be honest, before asking knowledgeable people about whether there still be Bitcoin waiting to be bought by me in next correction? I mean BTC availability due to its growing scarcity.
(Considering the volumes in which Black Rock, Michael Saylor and other big players are gobbling down BTC...)

Your thoughts please

It's all on you to make your decision, and whatever the comsequence is, it's on you bare. But if it were me, I wouldn't make that mistake as trading bitcoin is extremely risky since we don't know what they market hours of market would be, and we can possibly fix out eye to the market chart all day. However the reason I love long term holding is because it keeps you in a state of relaxation while your money grows over time, though it would take a while, but history has been really faithful to holder creating a smile on their face as bitcoin breaks new ATH after many person have concluded that price will continue in bearish move.

It is true that trading in Bitcoin can be risky for beginners because the market monitoring strategy for trading requires constant monitoring. But in long-term investing, there is no need to keep an eye on the market because you will have time to manage your investment gradually and correct your mistakes. By investing gradually, there is no extra pressure on you, so your money grows over time. History shows that if you are patient and invest in Bitcoin for the long term, you can achieve success in the future. History says that a drop in Bitcoin price means a new ATH is ahead.