You are viewing a single comment's thread from:RE: It #HIVE crashes to $0.10 USD or lower, I will get $ signs in my eyes π€ But it ...View the full contextView the direct parentchrisrice (67)Founderin DBuzz β’ 4 years ago (edited)What about buying at lower prices and selling at higher prices?
profit π€π€π€
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That's why people think about buying when the price goes lower.
They are trying to BUY LOW & SELL HIGH.
It doesn't always work though and a select few are MUCH better than the large majority ππ
Well investments are for long-term generally. I'd HODL given the chance. Just leave it to keep growing πππΌ
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Well, investments are more about timing than anything else
If you buy at the absolute top of the market, and that market doesn't go back up, then holding long-term won't help you.
In general, good cryptos are probably going to reach new all-time highs by December of 2021
ahhh a year to save ππ€£ππ€£ let's hope there won't be more plandemic in store πππ
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Might be a "2nd wave" but the real hit will be when a Banking Crisis in #Europe or the #UnitedStates via what's called a "Bail-in" occurs
A bail in as opposed to a #Bail-out is when the banks cut people's bank balances in half, etc. https://myhive.li/dp5o6
ouchie! Wouldn't want that to happen ππ
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Ah wait, there is another strategy that is actually easier than timing the market . .
#DollarCostAveraging, just buying the same amount every month in terms of USD or Php.
This can prevent people from going all-in at the wrong price :)
π€π€π€ interesting... That's more applicable to me, as I tend to save in small batches πππ
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Ah yeah, that's good.. #MaxWright predicts #Bitcoin will reach $100,00 - $500,000 USD by December 2021 . .
A lot of cryptos will probaby do well too! #NotAll
But December 2021 or a bit after that would probably be a great time to sell at least some of your portfolio!
what portfolio? I have yet to start ππ€£
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