Quote from: Fredomago on May 24, 2021, 09:22:23 PM

Quote from: ene1980 on May 24, 2021, 07:38:03 PM

Quote from: Snorren on May 22, 2021, 06:41:42 AM

Looking to purchase some btc in the coming year and looking for the best time.
Sold all alts a few weeks back and will switch back into btc when the price is right.

Since you have the patience and expecting the price to go down in the coming year, you can wait until you take your position in the market. I am not sure how low the valuation would go when the bear market starts but you are yet to see the major correction you are expecting and if you are smart enough you can make the money during these range bound market trend as well, but some wait for the correction to settle down before entering again.

It's better to assess first because there are lots of possibilities that the market may do up or it can fall for more, you can work with this volatile market and earn by doing some scalping but it's really risky.

Or, you can just buy and let the market do to whatever directions it may go but keep your target and wait for the bullish market to bounce up more stronger.

The fate of your investment always rely with how you work with the market and how you analyze in favor to your side.

no one knows where the market is going. but we can analyze and place orders, so that we can make a profit if the market goes up, and if the market continues its downtrend, then we can cut losses and wait for the next support to buy.