Quote from: bounceback on July 06, 2022, 08:04:06 AM

Quote from: sensimilia on June 24, 2022, 02:50:03 PM

The current state of the crypto market may go down further. The crypto market is completely dependent on Bitcoin. When the price of Bitcoin goes down, the price of other coins goes down automatically. The value of Bitcoin coins may go down further so wait a few more days without investing now, at what stage the price of Bitcoin is fixed then understand the situation and in May all the coin teams work well and invest in those coins will definitely be profitable .

Yes it is a crypto market cycle and I think this decline is one of the right moments for us to buy bitcoin to use as a long term investment because currently the bitcoin price has fallen by more than half of the ATH price, but if you are in doubt the decline that occurred when this will continue, it's better to buy gradually because implementing this strategy will provide an opportunity for us to continue to get discount prices when the next decline occurs.

Buying in stages is indeed a good choice, especially in these conditions. If bitcoin pumps then we won't miss our flight, but when the price falls again we'll be ready to buy it again. In my opinion, compared to buying altcoins, for now bitcoin is the right choice, because as said, altcoins also move to follow where bitcoin will move.