I asked my friend if he was going to buy bitcoin when it was 800. He said it was too expensive and he would wait for a dip.
at $1200 he said the same thing.
at $2400 he said the same thing.
at $3400 he said the same thing.
Now its about to break 4,000. I asked him if he was going to buy some bitcoin today. Guess what he said?
Its common "Price is too high i will wait for it to dump" when it dumps i will wait more its high until the price goes up and have a new price range. Its a cycle for most of the people i have a friends also waiting for that and keep always on saying its high price.
The fact is that these fluctuations in the price of Bitcoin give an opportunity not only to earn, but also to attract new investors. Whether this situation attracts more and more users, then the popularization of Bitcoin is solved by a good scale.