Post
Topic
Board Bitcoin Discussion
Re: Afraid to buy Bitcoin in its bearish state?
by
Sled
on 04/05/2022, 13:20:16 UTC
there is nothing to be afraid of as long as you are a bitcoin enthusiast, investor, long term hodler. bearish times are the best for you to buy, you buy at different zones with DCA technique. you can never get the exact bottom so buying early and at ever lower low no matter how small, you are in for good profits anytime the market structures changes to the upside.
The old-timers will think that way but for newbies? Worries could be in their heart and minds. They (newbies) still have doubts about buying the dip and this not be the best option for them. But neither we blame them nor urge them to buy simply because they don't survive due to their emotions. Newbies aren't familiar with this DCA technique, so I don't expect them to use this or even have the interest.

Anyway, buying the dip is very common, yet it was risky. And for those who are impatient people, I'm surprised if they will take this opportunity.
As for the market moves in the sideways,  the more we are careful to make decisions especially if we are in trading.