I have bought few cents of bitcoin last year thinking that there will be bull run as it was being speculated by many of thr users here. Yet, the speculated bull run was never happeb and instead it goes down to bearish market. I was just thinking that if I could only just anticipate the bull run or the pump that never happen.
Now, that bitcoin has slowly I have never invested in bitcoin. The moment that its market price was 3k usd was the best time to invest with but still I am afraid that it could go down. Seeing it slowly recovering to 3.6K-4K means nothing also to me. Now that it made a huge pump up from 5K i have regreted that I never invested in bitcoin. I have never been anticipated.in bitcoin pump.
I am Newbie in cryptocurrency and would like to start a small trading scheme that would try my skills in the market movement.
What should I do? Invest now? or wait for.another market down?
In my case, instead of waiting for a coin, or Bitcoin for that matter to decrease, I usually take the first turn when it increases because that gives me the idea that the trend for it would continue to gain more value as supposed to waiting for it to decrease, which in turn, would following that down trend. I may buy more coins for a cheaper value, but in the end, my investment would be stagnant as I can't convert what I bought until it peaks in value again. For me, gaining even a little would be more favorable rather than buying coins for a cheaper value, but waiting for a long time before you realize such investment.