It is also true that now is the right time to buy Bitcoin, I am also speculating that the price of bitcoin will not drop below 40k.
Who knows about that?
If you think now is the right time to buy bitcoin, go ahead and try to do that, but I hope you can prepare your money for another downtrend because no one will know about that.
This moment will not be easy to analyze or predict as we see the price is up and down like a rollercoaster, so without having preparation about the market situations, we can not get a low price to buy.
Well, how can we know if it is downtrend? I mean obviously we do not know if it is going to go up neither but we do not know if it will go down too, so basically there is really nothing we could do by that logic, if we do not know what is going to happen and if we do not know what is going to happen then how could we invest into anything? Because, if we do not know if it will go down or go up then how could we invest to only things we only know about? Nobody knows what is going to happen but invest anyway, that is the case and this is one of those cases.
I invest because I believe it will go up, and I do not care if it goes down neither because I want to invest more and more right now as well, I do not care about this bull neither, I do not care about the next one or the one after that, I want to be here for 10+ years and if I can do that, it means I could actually end up profiting a lot, so the drops today doesn't scare me.