Is it a good time to buy now? It looks like the bears have subsided. 30k resistance point is still holding strong. What do you guys think?
If the price is at the dip, then yes, it is a good time to buy. But if you want to wait for another dip, then you should wait and see. But if the price is not down again instead of trying to increase and you are not yet to buy, you should regret it because your time is gone and you need to wait for another correction. Only you can determine when the good time to buy because our time to buy will be different. So you need to analyze by yourself to find the time. I consider this time is a good time to buy for a small amount.
Precisely, if you already missed the chance, regret is the only thing inside you, but if you are positive that you are capable of adjusting
and you can still work it out riding in the next run. Sparing good amounts of money to invest is your priority.
It will going to depend on how you perceive things out. Think of every opportunity to be your shot to earn a decent amount of
profits.
That is, if you think investing in every dip is a good opportunity. But if you think that you have to wait for more dips because you have limited funds, then you should always be ready to lose another chances as the market never pumps or dumps consistently. You should know that the market is very unpredictable so you need to prepare funds ahead of time, most likely in times of bullish. So that once good opportunity to buy comes, you will always take advantage of the market and never miss any single opportunity.