*Bitcoin drops 10%* - "I'll wait for it to drop further"
*Bitcoin drops another 10%* - "it's going to drop more"
*Bitcoin drops another 10%* - "I'll finally buy at another 10% drop"
*Bitcoin drops another 10%* - "looks like it's going to drop further"
*Bitcoin drops another 20%* - "I'm not buying. bitcoin is dead"
*Bitcoin reaches the price floor, then rises slowly for months an months* - "I'll wait for the dip"
- repeat after every halving cycle -
Its a never ending cycle even not noobs or lets say those who do have experience will really be having this very common impression and mindset towards the market which isnt
something surprising because market is unpredictable on the first place which do basically means that pointing out the bottom was always been a challenge or something
you cant really able to deal off with it easily. Waiting for the dip or going for the bottom is what we do go all after all the time even short traders or swing traders do really
mind off and not really just solely focusing on current trends and current fundamentals or events.