Bitcoin and other altcoins are recovering fast after the correction since three days now, is this a good time to still buy few altcoins or this bullish trend is a hidden trap door to bear market?
Its funny how people don't buy the dips, they only prefer to buy when they see the coin start pumping again, common guys those corrections are actually the best time to buy or invest in any coin, cause they will surely bounce back, but I guess it's the other way round whenever the market is having a correction people just prefer staying away from buying any coin, then when they start seeing some green you will see people asking if they should buy, my advice is DYOR and buy the dips.
People are way too scared when dumps or very bearish market do happen on where they do doubt when seeing reds presuming that the price might dip even more.Its true that
we cant really precisely determine on whats the bottom price but i agree that people do always miss out on buying the dip but instead they do purchase up when the market
is already recovering or hyping up which is really a bad kind of habit or behavior because people do look and become confident when seeing recovery but the time they do
make themselves get caught in the middle and ending up holding then this is where panic selling begins.