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?
The best time to buy bitcoin is when you see its price continues to drop because not only you can save more funds but also you can accumulate more bitcoin that will bring good profits into your wallet when its price starts to surge high. Although you can't make sure if you did bought bitcoin at its cheapest price but if you use DCA, you will always take advantage of every price drop.
This is the Whales mind to accumulate when the price continues to drop, but the common man thoughts were against it. This means when the market is bearish people fear of investing thinking if it doesn't grow back it'll be a big loss. For this reason most of the time common man invests when the price of bitcoin starts to move bullish.