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
There is never a wrong time to buy Bitcoin but the best time is now. On the other hand, there is a wrong time to sell Bitcoin which is selling under pressure, when you should be buying, when you have not reach your accumulation target or selling your Bitcoin when you see significant profits. Bitcoin is best treated as a lifetime investment, something you should always have in your custody and never run out of it.
The main reason I so much love Bitcoin is that the longer you have it, the richer you become so without much grammar, everyone should think long term when investing in Bitcoin. Even if you are in big profits, don't be tempted to sell because you will gain more if you can just hold a little longer.