Well, I guess this isn't all about the topic that you wanna bring but all about the link that you have attached to the coinmarketcap.
Every time the market moves as it is, there would be tons of the same questions appearing if it's the right time to invest. If it's the time that bitcoin will recover and back to that greenish days.
It will as like it always do.
Yes, that's right, bro, because every market movement on coinmarketcap, everyone wonders when is the right time to buy coins or sell them, there is also whether this is the right time for us to invest.
I think it's only natural for those who are beginners to invest in cryptocurrencies to ask questions like that, at least for those who are not experienced in the crypto world, they can understand and not be influenced when market capitalization occurs on Coinmarketcap, bro.
Hopefully Bitcoin will return to the green zone...Amen
Yes, it's natural to see that question going in and out every time the market falls and rises. The sad truth about the newbies, even if they're talking to a person they didn't know despite being a newbie, they're the ones to be easily be misunderstood.
The non-expert person will just tell them what to buy even without some analysis as long as they'll tell that it's all about the profit, they'll eventually do it and be misled.
As for the price movement, we are in a bear market, so what do you expect. We even reach lowest low of $17,500 and there is a good chance that maybe we can go and hit lower than that in the coming months. So I guess the best answer is that no one really knows, all market has been down already, it's only that in crypto that it has been felt this big because of the volatility in place. Traditional markets just went down like 2%-5%, but bitcoin, 10% in a given day and we even say that it is just normal dip. And so we are not in the green zone and it might take some time before we can go and see a good run, like attempting to hit $22k-$25k, that will be rewarding enough for us this year.
The worst that I've read is that we may see again another $3k for the lowest. But, IMO, it's possible but we'll not go back there again. There is the reason why halving is the big factor for bitcoin's price.