Original archived Re: Buy Buy Buy or Sell Sell Sell?
Scraped on 27/08/2025, 22:45:04 UTC
Most newbies don’t always have proper knowledge about bitcoin investment before they go into it. When bitcoin price is dropping, there is no way you can stop newbies from panicking, they will definitely be scared, even if you explain to them that they should keep on holding, and bitcoin price is going to bounce back, most of them won’t listen, some of them will end up selling, but with time they will understand how things work. Similar thing happened to me when I started investing in bitcoin, but with time I got to know how things work.
The issue of newbies always being in a rush to invest without having the basic knowldge of Bitcoin seems to happen over and over again because they get into Bitcoin with the mentality of getting rich quick rather than giving trust to what they are buying into. They are curious to see result not curious to learn and what to do to see positive result. What they fail to understand is that, investing in bitcoin is just about putting your money and watching the price on a daily basis, whether it increases or decreases. Its more about understand the fundamentals and principle to what makes it different from other asset worth investing.
Yes, it is certainly true that dips are always good in investment.
Next time try and be more explanatory, coz your statement is very very misleading for beginners. Though I get what you are trying to say, but I may not say the same for someone just starting with Bitcoin. The reality is that dips can look very inviting and attractive, but a beginner who hears "dips are always good in investment" may end up waiting forever for the perfect entry point....... It is often wiser to consistently stack up your Bitcoin portfolio using (DCA) irrespective of the condition of the market. That way, you won't be stucked trying to perfectly time the market.
Because when you invest, you must analyze whether the price is increasing or decreasing,
Stop mixing up Bitcoin trading with with Bitcoin investment....... Your statement is the mentality of short-term traders. When beginners starts investing in Bitcoin and put all their focus on price analysis, they may eventually panic and sell, especially during a bear season.......But for an investor who actually wants to build his/her wealth, the better approach is to steadily accumulate Bitcoin without worrying too much about the price movement.