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?
You know how human can be that pathetic, I'm not saying that all are but most who do love speculating are. People are calling to go lower but when the time it's favorable for some to buy, they fret. People love to buy when they think it's favorable for the market but they seem to caught up in the FOMO phase and instead of selling the top they tend to buy during the top. When the price is in dismay, try to DCA.
When bitcoin is dip and some people still want it to go dip more, I don't know if i should call that greed. This set of people when bitcoin goes dip a little bit they feel so panic as if it will remain dip forever. A real botcoiner sees any time to be the best time to buy bitcoin and when bitcoin goes dip it a good opportunities for Real bitcoiners to buy more.
I noticed more people getting panicked when the BTC is on a dip than those who want it to drop more. Because, as you can see, on red days, a lot of newbies are complaining about crypto and bitcoin, but on green days, they are always saying good things and thinking of lambo. It is greed, but imagine if the price dropped further and you could get it at a low price and then it suddenly goes up; that is a lot of profit, and it is no longer greed unless you are in trading and want to earn a lot in one go.