Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after, the said coin drops in value, or someone sells his coin for a certain rate and then it appreciates just after.
What's your take on this? Given the period we're in is it buy time or sell time?
Truthfully speaking people should actually know when it's the right time to buy or sell . Bitcoin investment need patients and time . You can buy Bitcoin today the next thing you are already selling without even knowing what the time is weather it's a time to sell or not.
It maters a lot to know what time is it at the moment, take out time to study the market properly and know when its time to buy just so you can avoid losing your Bitcoin..
Also you should be careful with the informations you make use of to validate your Bitcoin analysis. Get the right informations to avoid being misinformed especially when when you to or even sell want
I don't know why you went back to quote this post. There's no point in quoting Dorkylickjj many people have already quoted it, and they have given the post the perfect answers. In fact, this kind of post has been discussed many times here, so I see no point in quoting an old post again.
If it was a question you asked, it's possible that you didn't see the earlier questions and answers. That may be why you asked again. But many people have replied to this kind of post, saying there's no perfect time to buy Bitcoin. Every time is the best time to buy, because Bitcoin is unpredictable.
As for selling, there's also no perfect time. It depends on your profit target. The best time to enjoy your profits is when you've reached your goal. It's a very wrong idea for someone to sell off all their Bitcoin investment, even if it has reached an accumulation point. Selling everything makes it difficult to start again.Taking profits gradually is the best approach.