For those who know this coin well, it it worth investing for long term hold?
Current price is $87, thinking of buying when it hits $82?
I do not think it is the right time to buy if you are not a long-term holder. If you are long term holder then buy some here and buy more when the price goes more dip. I am expecting that it will go more down slowly because of bear market conditions.
It’s exactly when the market is in fear of a really long bearish market, that's best moment for accumulating your investment portfolio, you raise your investment portfolio at heavily discounted value.
Remember the saying buy low sell high basically is going against the market psychology.
That’s why when it seems we're in the brink of bearish market, that's the long awaited moment for long term holders, basically an opportunity that’s going to cost them a lot of unrealized profit to miss.
Such opportunity doesn’t come twice. This time avax is back again and i hope that OP has been buying some avax from the market and he can accumulate his profit right now. It may recover again even faster soon