Post
Topic
Board Bitcoin Discussion
Re: why we should Buy some Bitcoins
by
Tellek Garing
on 04/06/2022, 07:26:58 UTC

Not everytime is the time to buy bitcoin, bitcoin will still rise to $100000 but those that bought it when it was at $60000 or above will not be happen right now, the best time to buy bitcoin is in the bear time when many people will be afraid to buy.
Perhaps, some saying Buying the DIP=opportunity is a legendary strategy.
But people aren't buying yet, they are looking for the bottom price which we don't know when it comes. It was the mindset of the people that were not really acceptable knowing the fact that the market trend is unpredictable. That is why we hear people saying they miss the chance, they never catch the dipping price before the recovery.

Well, this also depends on how we look at and analyze the market, nothing has been perfect.
Exactly people are waiting for Bitcoin to drop to its bottom price before buying, but when that will be is what nobody can tell right now. As it was rightly said by oshosondy getting in at the bear market is the best strategy but again when can we say the bear market is right buying 50k was a bear market time 25k can become a bull market all depends on the time and purpose.

So for long-term purposes, one can decide to buy at a decent price that will be hot if the market moves in the opposite direction.