Quote from: GeorgeJohn on Today at 08:03:37 PM

Quote from: Altryist on Today at 12:01:21 PM

In the end, there will still be a profit, but those who bought at a price of 40k and above have regret, because they could buy now at a lower price. On the other hand, it is easy to do in theory, but it is more difficult to implement it in practice. No one could know at that moment how low the price would fall, or if it would fall at all. What if the price continued to rise and up to 100k?
This is always difficult, so now all that remains is to hold and, if possible, buy bitcoin now to average the price.

All this are assumptions, whoever that's wants to go into bitcoin investment should go directly and purchase, because having the mindset of buying when the Bitcoin is low is the best time to make profit, yes. In actual sense it's true, but if you purchase when the price is like at sixty thousand (60k) or when the price is in forty thousand (40k) you will still make profit if we venture into bullish season. Most of our analysis is full of assumptions.

This market wont be called as a speculative one if the price movement would really be that predictable and this is what makes things more harder on which we cant really able to determine on where price could possibly
go.Lets take a look on the recent market situation where the price do hits up some increase in price which i do presume that we might be seeing 25k but it did turns out that it was rejected or failed down
and sees the price had bumped into the resistance and now we are going back again below 20k.This is what make things truly unpredictable on which there's no way that we could
really predict precisely on where prices could go.The important thing here is that you should really know on to handle these situations and made out decisions right through it.