again with the creation cost! when will you start seeing that cost of mining changes with the price not the other way around.
price goes up > mining becomes more profitable > more miners join > hashrate rises > difficulty rises > cost of mining increases
price drops > mining becomes less profitable > some miners leave > hashrate drops > difficulty readjusts (decreases) > cost of mining decreases
additionally you are not talking about "investing" you are talking about day trading here. an investor shouldn't care about these short term fluctuations. you invest long term and timing in that case is not as important specially since "investors" invest their idle money that is not in anything.
In a broader perspective, day trading may also be considered as short-term investing. Although most investors have set their goals in their investments, there are times that they tend to withdraw their investments depending on the current market situation. Short and long-term investments have different time schemes but they rely on the same objective, which is to profit.
that's right bro. but there is also more important, namely capital to invest, especially money. because I myself have experienced it a few weeks ago. I see BTC prices going up
. but I have lacked capital. because my capital is running low because the price of the coins that I buy always goes down in price.
Before you invest, always consider your current capital and limitations. With cryptocurrencies as our primary investment, make sure that you leave at least a portion of your capital because of its high volatility. You'll never know when its price may pump or decrease!