Re: Buy Buy Buy or Sell Sell Sell?

Bitcoin market is not stable, today it raises, tomorrow it falls. The most important thing is someone investing in Bitcoin to monitor the market, some people have the patient of waiting while some others due to fear when they see that the price is fluctuating might rush and sell, I will suggest we buy the idea of buying and waiting while we monitor the market. If possible monitor it when the price is low then you buy and hold.

I don't think investing in bitcoin needs to be that complicated. Because in essence we only need to have discretionary funds and we can immediately invest in bitcoin. So in my opinion a bitcoin investor does not need to monitor the market all the time, because for an investor of course it is a waste of time. Because you need to know, an investor in bitcoin, will not care too much about the price fluctuations that occur in bitcoin. Because basically price fluctuations will only be a threat to a trader. Because they struggle with price fluctuations, so traders will definitely continue to monitor the market, because they are afraid of being exposed to liquditas. So the point is if you assume that a bitcoin investor must always look at the market, I think that's an incorrect assumption. And you also need to understand, long-term investors in bitcoin do not care about the current bitcoin price, because their goal is in the future.

We all have different reasons why we buy Bitcoin, if it's for the short term to trade and make profit and sell then it's essential to monitor price but if you're investing for the long term then it's not necessary. Buy buy buy should be for long term investment while sell sell sell is for short term trades, this is my simple analysis of Bitcoin buyers. If you fall into the category of long term investors that means that your focus should be on accumulation and hodl because no matter what the current price is you're sure of making profit in the future. Inorder to be very focused on long term investment plan it is smart to adopt the DCA method of accumulation, buying periodically to increase your bag.

I agreed with you on saying most investors have different goals on thier view thier investment strategy just as you have made mentioned we have the short term trader which are know to trade for just profits and the long term trader who are know to accumulate for a longstanding period of time no matter it cost, for short terms trading who are know to monitoring the markets price movement which is crucial, while as for the long term investors who are focus on the accumulation and longevity of holding, advocating for the Dollar cost Averaging methods which involved buying the bitcoin periodically to reduce the impact of price volatility and increasing holding over time is much more better as a investor.