Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
laspol65
on 15/08/2025, 09:46:15 UTC
Every beginner should focus on the ongoing buying of bitcoin instead of engaging yourself into monitoring the market because majority of the beginners that was going with this practice end up selling thier holdings in the middle of thier accumulating journey due to panick, As they can't withstand the pressure so to avoid putting yourself in this kind of pressure I would advise you just Stick to your weekly/ monthly buying of bitcoin and pay less attention to the market condition until you reach your investment goal that's if you don't want to be trapped in the middle of your accumulating journey just like other guys.

If a newbie mindset is long term holding then no need to be monitoring the bitcoin market, because I don't see any reason why newbies who are just getting started with bitcoin to be monitoring the market turning themselves into watch dogs for nothing, why  not just focus on the ongoing buying of bitcoin in other to accumulate a good portion of it and hold for long term 4 to 10 years or longer. Because one thing that leads to selling off someone's bitcoin investment at early stage of accumulation is when you turn yourself to a watch dog over the bitcoin market, and monitoring the bitcoin market is what attract panic. See the best way to invest in bitcoin is when you invest in bitcoin for long term 4 to 10 years or longer, just keep on accumulating bitcoin and hold and forget about the ups and downs in bitcoin for you will still make reasonable profit provided you have accumulated a good portion of it and hold for long term.
It's running into days since I check the Bitcoin daily market Price unless on days that I am trading or getting involved in discussions that requires me to mentioned the current price of Bitcoin, if not, I simply avoid checking the market since majority of time it gets you worked up having such mentality of checking the Bitcoin price and worrying about it performance.


Exactly checking the price of Bitcoin all the time is not good and one can be tempted to sell off one day if they see the price of Bitcoin going down, newbie and people who are early can easily fall victim of this so it is not really necessary to check the price of Bitcoin all the time. Whether you check the price or not what you invested will always be there and since you are investing with the long term mindset you don't need to worry yourself because the price will go up after dropping to some point that is Bitcoin for us.
It is only a trader that cares to know the current bitcoin price at every given time, an investor that approach with a long term run only  go to bed after investing because they are sure of bitcoin potential in a long term run, therefore aren't bothered weathered the price goes up or down all they are concerned of is steady accumulation of their portfolio to any level that they desire.

However, it is fundamental for an investor to have that quality of strong holding, never panics regardless the market trends, steady accumulation should be your aims.

The only traders who are mainly concerned about the price of Bitcoin, they will collect Bitcoin in the long term and hold it for a long time, they are the only good investors. Because you collect Bitcoin for the future few years, at least 10 years if you can hold Bitcoin then it is definitely possible to get your maximum benefit in 2035. For example, if you buy Bitcoin for 5000 dollars at present and hold it for 10 years then you will definitely get 10x benefit here.
Because from today if you look at the past then you will definitely get the proof of the present time, because the more you move towards the future, the more Bitcoin is gaining popularity and Bitcoin is absolutely the top of investors.