Quote from: SOKO-DEKE on Today at 08:05:34 PM

Quote from: Husires on March 07, 2024, 06:01:37 PM

The current time is a period to buy more bitcoin, the greed index is still prevalent and everyone believes that the price of bitcoin will continue to rise, even those who sell now the intention that the price of bitcoin will decrease in the short term and is an opportunity to buy more bitcoin for the long term.
If you are an investor, it is an ideal opportunity to buy, and if you are in circulation, it is a good opportunity for sale and purchase at a cheaper price in the coming weeks.

Every current price of Bitcoin is an opportunity for me to accumulate more of it, as long as someone has discretionary funds big or small because Bitcoin's price is unpredictable. If you're waiting for one particular moment to accumulate more, it's possible that moment may never come. The best approach is to use the DCA (dollar-cost averaging) method: continue accumulating as you set a fixed amount to buy every week or month. Once you have larger discretionary funds, increase your DCA amount either weekly or monthly.

Quote from: HistoLock on Today at 04:07:02 PM

There are many who want to buy it when the price is high but they may not know that if you buy it when its price is low then you can earn much more profit from it in the future.

I don't think anyone always wants to buy Bitcoin when the price is higher. But the reason why people are buying at every price point is because they see Bitcoin as an opportunity every time. Nobody knows what price will come up in the coming days.

Whether you have the opportunity to buy it low or high, the most important thing is how long you hold your Bitcoin that also determines the profit you will make. There is a group of people who had the opportunity to accumulate Bitcoin when it was $10K, but they sold it two years later when the price increased to $15K. On the other hand, there are people who bought Bitcoin at $20K and are still holding. Just imagine their profits now with the current price.as long as someone is holding for the long term, price should not be the main focus.

The profits you make is determined by the size of Bitcoin you were able to accumulate and how long you were also able to hold most people prioritize longevity and forget that the focus also has to be accumulating a reasonable size of Bitcoin in order to have a good profit over the long term, every man will be rewarded according to their efforts both in size of this Bitcoin and the duration of time. It is problematic when investment decisions are being influenced by market conditions rather than the availability of of your investment money because the market conditions is unpredictable.