For a hodler like me it's always time to buy, but there are certain situations where I prefer to not buy, and bull runs and empty pumps are one of them. Dollar cost averaging is my way of dealing with the market.
I use a fixed amount of fiat to buy one or twice a month at any (non bull run or pump) price. I have been doing that for a longer while now and I can only be happy with current levels. My average has dropped significantly.
I hope the price keeps hovering within the $6000-$7000 range for a longer while as that will allow me to get the most out of this opportunity. The sellers will run out of resources and from that point it will be up up up.
I have the same investment pattern, once a month I really separate some part of my salary and put it into bitcoin so the price will average. The market is pumping again, and if you are new investors you're a little bit late during the dump weeks so better to wait a little more weeks to confirm if its the a real bull run or another bull trap. Invest anytime as long as you know what you are doing.I use a fixed amount of fiat to buy one or twice a month at any (non bull run or pump) price. I have been doing that for a longer while now and I can only be happy with current levels. My average has dropped significantly.
I hope the price keeps hovering within the $6000-$7000 range for a longer while as that will allow me to get the most out of this opportunity. The sellers will run out of resources and from that point it will be up up up.