Post
Topic
Board Trading Discussion
Re: Best time to buy or wait a little bit ?
by
MatthewLM
on 27/08/2022, 01:42:45 UTC
Honestly, that’s up to you because we don’t know which price will go up. If you think, you can take the risk, then you can buy. Or else, if the price goes down, you can buy at the dip. So, analyse the market and take risk accordingly.
It is better not to take any risk in the market now.  It will be better to take risks after seeing the market conditions for a few days.  You have to wait for few days for this.  It would be foolish to take risks now.  It will have to wait for a few days.  Sometimes it is completely foolish to take risks without realizing it.  So I think it would be better to take risk without thinking.
If we don't, then when? I don't think it was risky to buy or invest this time, in fact, the situation is giving us an opportunity to buy top coins at a cheap price. I'm not stopping people to buy instead, I encourage them rather than waiting for the bull season. Imagine that buying Bitcoin at $21k and you were able to double or triple its price during Bullrun, I don't think it was a regrettable move. It was more regretting of missing the current situation doing nothing aside from waiting and watching the market.
You are right, we can start buying assets in the current situation. maybe there will be fear if another dump occurs. but it's the same if the market situation is bull. could be a bull trap. and he will hesitate to invest again.

now the condition is to buy and hold. That's it, no need to think about anything else. if there is another dump, we can buy it again if we have more capital. as long as we hold it properly, we will benefit in the future.
The reason I totally agree with you is that no matter what the market is like, we can make a lot of money if we buy some coins now for a long term and sell them later if the market gets better.  We need to buy some coins in this market.