Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy Buy Buy or Sell Sell Sell?
by
Sim_card
on 06/08/2025, 16:48:22 UTC
⭐ Merited by JayJuanGee (1)
However, it seems that if you want to sell BTC and buy it back at a lower price, that's certainly a good idea because buying BTC at a lower price will certainly increase the amount of BTC you buy. So, as I said, of course, we are free to do whatever we want as long as we continue to make a profit
Selling the little bitcoin that you have accumulated because of profits is a wrong bitcoin investment practice because you will leave the zone of a low coiner and go back to a no coiner which shows that you are moving backward in the bitcoin game. What if you sell to buy back at a cheaper price and the price of bitcoin didn't dip but keep on pumping, you will keep on waiting in a confused state.

It's bad to think of profits first in the beginning of your bitcoin accumulation because that can make you deviate from being a long term investor to a trader. Selling to back back is a trader practice and that has led a lot of them into big losses and regrets because you cannot predict the price movement of bitcoin.

It's better for a new investor to only focus on buying and keep his bitcoin accumulation ongoing for 4-10 years and above and only think of selling when he has reached an over accumulation stage because bitcoin is a precious asset and keep on growing in value overtime.