Post
Topic
Board Bitcoin Discussion
Re: A time people have been waiting for bitcoin to drop
by
UmerIdrees
on 15/05/2022, 08:00:09 UTC
Hello 👋
Okay, presently I want to ask why the sudden panicking around the media and forum here.
I could ones remembered when bitcoin was +$69k and everyone seems to be panicking for the price to get 32k or below. Today we have another chance to buy very low yet people still waiting for the price to drop even more lower.
I want to know when is the best time to buy or waiting more dip to buy and what if the price turns back to bull?
What do we do?

That's the physiology of bitcoin investors. People keep on looking for more cheaper prices when the prices are already cheap and discounted. No one knows how low the bitcoin price can go but buying bitcoin at 30,000$ is indeed a very good price. Even if you do not want to invest everything at this price, it's better to buy some portion of bitcoin at current prices. In case the prices do not dump further, you will be happy that you have accumulated some bitcoins.