03-23-2023, 05:20 PM
When prices go up, it's best to accept that you've missed the opportunity rather tha
<!-- SC_OFF --><div class="md"><p>When the prices go up all of a sudden, people are inclined to buy and when it goes down, to immediately sell, thinking that it's going to crash or whatever. But the truth is that trying to market the time doesn't work at all. Such short term investments only hurt your portfolio. </p> <p>People who bought Bitcoin 2021 as soon as it reached 70k waited all this time only to sell it at 20k, learn from that mistake and don't make the same mistakes. </p> <p>Instead of FOMOing in all your money in that said coin, accept that you've missed the opportunity to buy it cheap and look forward to the next time you might see such prices. Crypto doesn't only go up after all, you'll have some sort of opportunities again. It doesn't mean that you've lost any money, only that you've gained experience enough to know when you should buy and when you should sell. </p> <p>Crypto is very volatile and every movement of price isn't indication at all of how it's future will be, whether we've entered a bull run or a bear market.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Elie0_0"> /u/Elie0_0 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/11zjl03/when_prices_go_up_its_best_to_accept_that_youve/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/11zjl03/when_prices_go_up_its_best_to_accept_that_youve/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>When the prices go up all of a sudden, people are inclined to buy and when it goes down, to immediately sell, thinking that it's going to crash or whatever. But the truth is that trying to market the time doesn't work at all. Such short term investments only hurt your portfolio. </p> <p>People who bought Bitcoin 2021 as soon as it reached 70k waited all this time only to sell it at 20k, learn from that mistake and don't make the same mistakes. </p> <p>Instead of FOMOing in all your money in that said coin, accept that you've missed the opportunity to buy it cheap and look forward to the next time you might see such prices. Crypto doesn't only go up after all, you'll have some sort of opportunities again. It doesn't mean that you've lost any money, only that you've gained experience enough to know when you should buy and when you should sell. </p> <p>Crypto is very volatile and every movement of price isn't indication at all of how it's future will be, whether we've entered a bull run or a bear market.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Elie0_0"> /u/Elie0_0 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/11zjl03/when_prices_go_up_its_best_to_accept_that_youve/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/11zjl03/when_prices_go_up_its_best_to_accept_that_youve/">[comments]</a></span>