Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Cossyblack
on 03/10/2025, 13:08:49 UTC
The price of Bitcoin had gone up and I've been hearing people talking about how to sell their Bitcoin as soon as possible if the price of Bitcoin exceed $125k. This is ridiculous on how many are looking for quick profits immediately the price of Bitcoin goes up. We shouldn't be taken away by the force of investing in Bitcoin for the sole reason of cashing out as quick as possible.

You will always find people who are timing the market,waiting patiently for the price of Bitcoin to go up for them to sell for quick profits. I believe the sole reason people invest in bitcoin is to make realistic profits from holding bitcoin as a store of value but selling too early isn't the right way make something out of the system. bitcoin was built in a way that work best only by investing for the long term,that's why traders that tries to outsmart the market for quick profits often run in losses because they are gambling instead of investing for the long term.