Wealth is created during the bear market not in bull market, the question now is are we still in bull market or bear market? We can't expect crypto market to crash instantly if bear is going to happen it will be a gradual process so what is your take on this? Should newbies wait or buy coins right now?
The truth is that we can make a profit whatever the situation we have in the market. Perhaps, these traders even going to make it, so we can assume that we can do this as well. That is why I encourage people not to think more about corrections and the downsides, we'd rather think about the positive trend.
I suggest to newbies to buy now if they already have the money and if they are willing to take the risks. The market is still preparing for the huge spike, we're not going to miss this, otherwise.
If you are a good investor, you know exactly how to take advantage every market's condition, regardless its bearish or bullish. But for some newbies out there, its best to start building your wealth when all the coins are still cheap and affordable. Or better yet, do the dollar cost averaging, buy in every price drop. And when you see the price starts to become bullish and has gained a lot of increase, then take time to sell. That is a good preparation to buy back and hold again when the bear market comes back.