Quote from: ultrloa on October 07, 2022, 08:21:49 PM

Quote from: KiaKia on October 07, 2022, 03:25:55 PM

It's way too risky to be out of bitcoin right now because people are calling for 10,000$ per Bitcoin before they will start buying, it sounds like when people are calling for 100,000$ per BTC months ago and the opposite happened, now people are calling for 10k again, the opposite might happen again, the best way to deal with this is start buying BTC every week, maybe on Mondays? This way you will feel better.....remember, when people are calling for the exact same thing the opposite always happens.

Do not sit back and do nothing

Its just assumption and you cannot say anything accurate to what people's sentiment at that time since its different scenario where market is in bullish since many people hope for more great things to happen. Also in bearish season we cannot also say that recovery might happen because we cannot still predict the outcome and might we could see the market dump more if more worst case situation occurs especially right now we are in crisis.

There’s no way we can tell what will be the future price movement of bitcoin. It’s not that once it dumps, it will always recover and reach an all time high. Maybe the situation is very different from now, the market is in deep bearish because of the world economic crisis that has been affecting it and for me, it’s quite hard to expect that it will recover soon. Whatever the market will be in the next couple of days or months, it’s always a good mindset if we can start buying at its bear season so we can gain a lot of profits when the final bullish season is here.